This Frozen Yogurt market study offers a comprehensive analysis of the business models, key strategies, and respective market shares of some of the most prominent players in this landscape. Along with an in-depth commentary on the key influencing factors, market statistics in terms of revenues, segment-wise data, region-wise data, and country-wise data are offered in the full study. This study is one of the most comprehensive documentation that captures all the facets of the evolving Frozen Yogurt market.
Frozen yogurt is a frozen dessert which is made up of yogurt and at times other dairy products are also used. The prime ingredient of frozen yogurt are milk fat, milk solid, sweetener (artificial sweetener such as aspartame is used) and culture of yogurt. Frozen yogurt are also known as frogurt. Frozen yogurt was originated in America and now it’s popular all over the world. Frozen yogurt are generally tarter than ice-cream and is also very much low in fat because of the use of milk instead of cream. It is a conventional soft serve but is very different from ice- cream. It is also termed as low fat light ice-cream. Unlike the normal yogurt, frozen yogurt is not regulated by FDI. There is a misconception in people that frozen yogurt is a probiotic, but it’s not always true, frozen yogurt may or may not contain live and active bacteria cultures in it. Frozen yogurt also contains vegetable additives such as guar gum, carrageenan, etc. and animal gelatin to stabilize the yogurt which reduces the crystallization of yogurt when it is kept in low temperature.
Market Segmentation:
Frozen yogurt marketis segment on the basis of type, fat content, flavour, distribution channel and region. On the basis of type the frozen yogurt market is segmented into regular frozen yogurt and sugar free frozen yogurt. On the basis of fat content the frozen yogurt market is segmented into low fat and no fat. The low fat frozen yogurt is made up of part-skim milk or low fat milk and the percentage milk fat is between 2% - 0.5%. No fat frozen yogurt is prepared from skim milk which contains milk fat less than 0.5%. On the basis of flavour the market is segmented into chocolate, peach, mango, strawberry, lemonade, banana, pineapple and others. In this category, strawberry and mango flavored frozen yogurt are gaining the popularity worldwide and is expected to remain dominant over the forecast period. On the basis of distribution channel the market is segmented into supermarket/hypermarket, online stores, specialty stores, grocery stores, and others. Frozen yogurt sold through the specialty stores is expected to hold relatively higher revenue share in the frozen yogurt market, which is followed by supermarket/hypermarketsegment.
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Regional segment for the market of frozen yogurt is segmented into seven different regions: North America, Latin America, APAC, Europe and MEA. Among these region North America is expected to have the major market share globally. Europe has also emerged as a prominent market for frozen yogurt, as the popularity of frozen yogurt is increasing in the countries like France, U.K. and Germany, which is expected to fuel the growth of frozen yogurt.
Market Drivers:
Consumers are more health conscious these days, they tend to consume desserts that are low in fat and has minimal amount of sugar, and frozen yogurt becomes the best alternative to unhealthy desserts as frozen yogurts fulfill both the requirements of consumers, and these factors are expected to drive the market of frozen yogurt. Another factor which is anticipated to boost the sales of frozen yogurt is the distribution of these products through online channels, as online retailers offers a wide variety of frozen yogurt. Moreover, online stores offer frozen yogurt with lucrative offers or coupons. All these benefits combined are expected to act as positive factors driving growth of the global frozen yogurt market over the forecast period. The frozen yogurt market is also driven by the love for refreshing ice-cream alternative by the kids. Kids prefer chilled desserts in the summer seasons and frozen yogurt is a perfect answer to their demands. Moreover, increasing penetration of organized players ensures a highly competitive market scenario, and results in launch of an increasing variety of frozen yogurts, which is expected to boost overall growth of frozen yogurt globally to a substantial extent over the forecast period.
Market Key Players:
Some of the key players in frozen yogurt market includes Menchie's Frozen Yogurt Company, Pinkberry, Honey Hill Farms, Scott Brothers Dairy, Red Mango, Inc., Yogurtland Inc., Gujarat Cooperative Milk Marketing Federation Ltd., TCBY, and Nestle among others.
The report covers exhaustive analysis on:
- Frozen yogurtMarket Name Segments
- Frozen yogurtMarket Name Dynamics
- Historical Market Size, 2012 - 2016
- Frozen yogurtMarket Name Size & Forecast 2017 to 2027
- Supply & Demand Value Chain
- Frozen yogurtMarket Name Current Trends/Issues/Challenges
- Competition & Companies involved
- Technology
- Value Chain
- Frozen yogurtMarket Name Drivers and Restraints
Regional analysis includes
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East & Africa
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
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Report Highlights:
- Detailed overview of parent market
- Changing market dynamics in the industry
- In-depth market segmentation
- Historical, current and projected market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape
- Strategies of key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on market performance
- Must-have information for market players to sustain and enhance their market footprint.
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What will you discover from Frozen Yogurt Market report?
- The current and future market size, covering each aspect and nuanced trends across key national and geographic markets
- An overview of the market report, providing an imperative visual of the varied market subdivisions and overall forecast statistics in terms of value and volume
- Extensive database and key dynamics elevating the market with varied verticals associated
- Underlying Frozen Yogurt Market forces that are compelling consumers or businesses to purchase the product
- How novel technologies and consumer-centric innovations will create new value-adding opportunities for companies active in the Frozen Yogurt Market
- What will be environment and regulatory impacts on the market over the next decade
Which framework has been used to develop the Frozen Yogurt Market report?
- Investment Feasibility Matrix - It shows returns on investment, level of competition, success rate of investment, and potential risks associated with the market. The analysis shows that the competition is high in the established market, while the returns for short-term investment are also taken into consideration
- Relative Maturity Mapping – The relative maturity is measured according to three growth phases (growth, maturity, decline)
- Relative PLC (Product Life Cycle) – Analysis of the emergence of prominent players and competitive test prices which are driving factors behind every market. (expected market behavior, observed market behavior, expected market performance, observed market performance)
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