Yogurt Dips: Overview
Yogurt dips are increasingly becoming an integral part of restaurant food. Yogurt is a tart and thick milk which is formed by leaving the fresh milk to be fermented by bacteria. These fermentation causing bacteria thicken the milk, thereby, adding a sour taste to it. Conventionally, the regions that had warm weather preferred thermophile bacteria and the regions with cooler temperatures favored mesophile bacteria to ferment the milk in order to make yogurt.
Earlier, dips were considered to have an unhealthy reputation. Now a days, healthy yogurt dips are present with natural ingredients which makes them healthy to use. Yogurt dips are rich in protein, potassium, vitamin B12, amino acids, calcium etc.
Market for Yogurt Dips: Drivers and Restraints
Presently, the people are more inclined towards yogurt dips due to their increasing preference for healthy dip choices like hummus for various snacks in parties since they do not contain any gluten. Such factors drives the usage of yogurt dips in the market. Also, these yogurt dips have low-calorie and high protein ingredient which makes them favorable to use. People with lactose intolerance find Greek yogurt comparatively easier to digest as most of the milk sugar is broken down by bacteria. As compared to milk, yogurt has a higher protein content. Probiotic bacteria help building immune system and mitigates gastric, intestinal and stomach related conditions like diarrhea. Strained yogurt, having high Calcium content, is ideal for aged adults and children who wish to maintain their strength and bone health. Vegetarian customers could drive the market for yogurt dips. Vegetarian people, usually, have low Vitamin B12 in their body as Vitamin B12 is generally found in meat, eggs, fish etc. Yogurt, being a vegetarian alternative, can help such people maintain their B12 levels. Yogurt is also a rich source of potassium and amino acids.
However, due to all the positive features of yogurt, people risk overindulgence. Some fruit flavored yogurt dips are enhanced by sugar syrups and. sugar laden concentrates instead of real natural fruits. Such yogurt dips have a high calorie content and could increase the triglyceride levels in human body. This could act as major factor of restraint in the market for yogurt dips. In people who face dairy related sensitivities or lactose intolerance experience mucus formation in their noses and throats. Also, as yogurt maintains the bone matrix, it can also strip the nutrients in the bone due to excessive intake. Under immoderate intake, Yogurt tends to be carcinogenic as it contains Insulin-like Growth Factor or IGF-1.
Market for Yogurt Dips: Key Players
- Stonyfield Farm
- Okios Yogurt
- Brown Cow Yogurt
- YoCrunch Natural
Market for Yogurt Dips: Regional Overview
North America is expected to be the largest market for Yogurt Dips market. The majority of Yogurt Dips manufacturers such as Cabot Creamery Cooperative, Chobani and Belfonte Ice Cream & Dairy Foods Co., are based in North America region. This is attributed to launch of new product line of yogurt filled with vegetables by companies like Chobani. The market is anticipated to grow in Europe region due to the presence of companies like Dannon in the region. APAC countries like India are also expected to grow their Yogurt Dip market during the forecast period with a rising taste for Italian, Greek and Lebanese cuisines.
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Market for Yogurt Dips: Segmentation
The market segmentation for yogurt dips by product type is:
- Set Style Yogurt or Balkan Style Yogurt
- Stirred Yogurt or Swiss Style Yogurt
- Strained Yogurt or Greek Style Yogurt
The market segmentation for yogurts dips on the basis of sales channel is:
- Modern Trade
- Convenient Stores
- Other Retail Formats
The market segmentation for yogurt dips with respect to ingredients is:
- Added Enzymes
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