Greek Yogurt Market Grows at a Steady 8.71% CAGR, Nearing USD 21.67 Billion by 2029

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Yogurt is defined as the “food produced by culturing one or more of the optional dairy ingredients [cream, milk, partially skimmed milk or skimmed milk] with a characterizing bacterial culture that contains the lactic acid-producing bacteria.

Greek Yogurt Market Scope:

This comprehensive study aims to furnish a detailed insight into the Greek Yogurt Market, encompassing components, applications, industries, and geographical aspects. The report meticulously delves into the key factors influencing the growth of the Greek Yogurt market, offering an extensive analysis of the market's value chain.

The assessment and forecasting of the Greek Yogurt industry rely on secondary research, commencing with sources that compile revenue data from major suppliers. Market segmentation is carried out considering vendor offerings. Employing a bottom-up approach, the total Greek Yogurt market size is determined by analyzing the revenue of major enterprises.

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Greek Yogurt Market Segmentation:

Based on Product, the whole milk segment for the Greek yogurt market was the largest in the year 2022. Whole milk Greek yogurt is the old and traditional type of yogurt. Made from whole milk, this whole milk yogurt is higher in fat content and provides a rich flavor. Whole milk is also recognized as a valuable and good source of calcium and protein with essential minerals and vitamins for our bodies. Consumers increasingly favor and prefer high-protein food sources and Greek yogurt with whole milk is considered to be the best source of protein.

Based on Flavor, strawberry flavor is the most demanded and used flavor segment in the Greek yogurt market. The Greek yogurt in the strawberry flavor comes with natural ingredients and real pieces of fruit. The rising health-conscious consumer base is aware of the nutrition provided by fruit, demands, and consumes more real fruit-based yogurt. The strawberry Greek yogurt flavors also come in a variety of products such as plain strawberry, sweetened strawberry, strawberry swirl, and strawberry with granola. Greek yogurt manufacturers are focusing on the innovation and development of new strawberry-based Greek yogurt with high protein content.

by Product

Whole milk
Low fat
Non-fat

by Flavor

Plain
Strawberry
Blueberry
Vanilla
Others

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Greek Yogurt Market Key Players:

1. Chobani Holdings LLC
2. Danone
3. Unilever
4. Fage International S.A
5. Nestle S.A
6. General Mills, Inc.
7. Parmalat S.p.A
8. Muller UK & Ireland Group
9. The Kroger Co.
10. Wallaby Yogurt Company
11. The Hain Celestial Group
12. Stonyfield
13. NESTLE S.A.
14. THE KROGER CO.
15. The Hain Celestial Group

Regional Analysis:

Market share insights for North America, Europe, Asia-Pacific, the Middle East, Africa, and South America are presented separately. Analysts maximize their efforts to evaluate competitive strengths and perform a detailed competitive analysis on each participant.

Key Questions Answered in the Greek Yogurt Market Report are:

  • Which segment dominated the Greek Yogurt market in terms of market share?
  • What characterized the competitive landscape of the Greek Yogurt market in 2023?
  • What are the primary drivers fueling the growth of the Greek Yogurt market?
  • In 2023, which region held the highest proportion of the Greek Yogurt market?

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