Global Greek Yogurt Market: Snapshot
Greek yogurt refers to a yogurt that is manufactured by removal of liquid whey and some lactose from the conventional yogurt. The product is gaining popularity among major population from all across the globe owing its ability to offer to a wide range of health advantages. As a result, the global Greek yogurt market is foreseen to show upward graph of sales during 2020–2030.
TMR’s upcoming research report on the Greek yogurt market provides dependable analysis on drivers, challenges, restraints, and growth opportunities in the market. Apart from this, the study includes reliable data on volume, shares, pricing patterns, revenues, and other actionable insights of the market for Greek yogurt. Hence, this study works as a handful guidebook on the Greek yogurt market for the assessment period of 2020 to 2030.
Category, flavor, region, and distribution channel are some of the key parameters used for the complete study of the global Greek yogurt market. Depending on category, the market for Greek yogurt is classified into organic and conventional.
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Global Greek Yogurt Market: Growth Dynamics
Greek yogurt is widely used across all worldwide locations owing to various health benefits it offers. It is considered as a rich source of calcium and protein. Thus, there is substantial demand for Greek yogurt from health conscious population to boost their muscle growth. This increased demand is stimulating the expansion avenues in the global Greek yogurt market. Apart from this, the market for Greek yogurt is gaining promising expansion opportunities on the back of growing product awareness, improving spending power of major population, and easy availability of products.
Growing popularity of organic and low-fat yogurt is projected to work as a driver for the development of global Greek yogurt market in the years ahead. The active probiotics present in Greek yogurt help in digestive health improvement. As a result, Greek yogurt is highly in demand for its ability to improve the digestive health of an individual. Owing to all these factors, the global Greek yogurt market is experiencing stupendous demand avenues from all across the globe.
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Global Greek Yogurt Market: Competitive Analysis
Players operating in the Greek yogurt market are using various strategies to gain the competitive edge. They are focused on expanding their customer base by offering innovative and flavored products. Together with unflavored Greek yogurt, some other popular flavors available in the global Greek yogurt market include strawberry, vanilla, raspberry, and blueberry.
Several enterprises from the global Greek yogurt market are concentrated on strengthening their distribution channels. Apart from this, many vendors are using strategies of mergers, acquisitions, partnerships, and collaborations to expand their regional presence. All these activities are signifying that the global Greek yogurt market will grow at rapid pace during the assessment period of 2020–2030.
The list of key players in the global Greek yogurt market includes:
- Danone S.A.
- Chobani LLC
- Stonyfield Farm, Inc
- Nestlé S.A.
- General Mills, Inc.
- Jalna Dairy Foods Pty Ltd.
- Byrne Hallow Farm
- FAGE USA Dairy Industry Inc.
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Global Greek Yogurt Market: Regional Assessment
The global Greek yogurt market shows presence in many regions including North America, Europe, Asia Pacific, and rest of the world. Among all regions, Europe is one of the lucrative regions in the market for Greek yogurt. One of the key reasons attributed to this growth is increased inclination among major population in this region to consume healthy and probiotic food.