Low-Fat Yogurt Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

Low-Fat Yogurt Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

Market Overview:

The global low-fat yogurt market size reached US$ 20.2 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 37.1 Billion by 2028, exhibiting a growth rate (CAGR) of 10.28% during 2023-2028.

Low-fat yogurt is prepared by fermenting low-fat or skim milk. It is low in calories and rich in calcium, potassium, and probiotics, which aids in maintaining bone and tooth health and the proper functioning of muscles and nerves. It also helps regulate the balance of electrolytes in the body, improve digestion and respiratory function, and offer resistance to diseases. At present, there is a rise in the popularity of low-calorie food products, which is catalyzing the demand for low-fat yogurt across the globe.

Low-Fat Yogurt Market Trends:
There is presently a considerable increase in the consumption of functional fermented dairy food products with improved nutritional qualities worldwide. This, coupled with the rising health consciousness among individuals, represents one of the key factors propelling the growth of the market. Moreover, excessive intake of dietary fat can cause disorders, such as obesity and cardiovascular diseases (CVDs). In line with this, low-fat yogurts are considered ideal dietary products for lactose intolerant people, particularly young children and the elderly population. Besides this, different methods are being used to improve the characteristics of low-fat yogurt, such as the inclusion of whey protein, utilization of suitable starter strains, enhanced total solids content, and thickeners. In addition, current dietary guidelines in numerous countries recommend low fat and sugar dairy products on account of obesity-related concerns. Key market players are financing research and development (R&D) activities to introduce unique flavors. They are also investing in promotional campaigns to generate brand awareness and increase their yearly revenue. Apart from this, low-fat yogurt can be used as a substitute for mayonnaise, cream, and sour cream in desserts and other dishes. This, in confluence with the burgeoning food and beverage (F&B) industry, is strengthening the growth of the market.

Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global low-fat yogurt market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on type, nature and distribution channel.

Breakup by Type:


Breakup by Nature:


Breakup by Distribution Channel:

Supermarkets and Hypermarkets
Convenience Stores
Specialty Stores
Online Stores

Breakup by Region:

North America
United States
South Korea
United Kingdom
Latin America
Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Chobani LLC, CP-Meiji Company Ltd., Danone S.A., Fage International S.A., General Mills Inc., Juhayna Food Industries, Lausanne Dairies, Muller UK & Ireland Group, Nestlé S.A., Parmalat S.p.A. (Lactalis American Group Inc) and Tillamook.

Key Questions Answered in This Report

1. What was the size of the global low-fat yogurt market in 2022?
2. What is the expected growth rate of the global low-fat yogurt market during 2023-2028?
3. What are the key factors driving the global low-fat yogurt market?
4. What has been the impact of COVID-19 on the global low-fat yogurt market?
5. What is the breakup of the global low-fat yogurt market based on the type?
6. What is the breakup of the global low-fat yogurt market based on the distribution channel?
7. What are the key regions in the global low-fat yogurt market?
8. Who are the key players/companies in the global low-fat yogurt market?

1 Preface
2 Scope and Methodology
2.1Objectives of the Study
2.3Data Sources
2.3.1Primary Sources
2.3.2Secondary Sources
2.4Market Estimation
2.4.1Bottom-Up Approach
2.4.2Top-Down Approach
2.5Forecasting Methodology
3 Executive Summary
4 Introduction
4.2Key Industry Trends
5 Global Low-Fat Yogurt Market
5.1Market Overview
5.2Market Performance
5.3Impact of COVID-19
5.4Market Forecast
6 Market Breakup by Type
6.1.1 Market Trends
6.1.2 Key Segments Cherry Strawberry Mango Others
6.1.3 Market Forecast
6.2.1 Market Trends
6.2.2 Market Forecast
7 Market Breakup by Nature
7.1.1 Market Trends
7.1.2 Market Forecast
7.2.1 Market Trends
7.2.2 Market Forecast
8 Market Breakup by Distribution Channel
8.1Supermarkets and Hypermarkets
8.1.1 Market Trends
8.1.2 Market Forecast
8.2Convenience Stores
8.2.1 Market Trends
8.2.2 Market Forecast
8.3Specialty Stores
8.3.1 Market Trends
8.3.2 Market Forecast
8.4Online Stores
8.4.1 Market Trends
8.4.2 Market Forecast
8.5.1 Market Trends
8.5.2 Market Forecast
9 Market Breakup by Region
9.1North America
9.1.1 United States Market Trends Market Forecast
9.1.2 Canada Market Trends Market Forecast
9.2.1 China Market Trends Market Forecast
9.2.2 Japan Market Trends Market Forecast
9.2.3 India Market Trends Market Forecast
9.2.4 South Korea Market Trends Market Forecast
9.2.5 Australia Market Trends Market Forecast
9.2.6 Indonesia Market Trends Market Forecast
9.2.7 Others Market Trends Market Forecast
9.3.1 Germany Market Trends Market Forecast
9.3.2 France Market Trends Market Forecast
9.3.3 United Kingdom Market Trends Market Forecast
9.3.4 Italy Market Trends Market Forecast
9.3.5 Spain Market Trends Market Forecast
9.3.6 Russia Market Trends Market Forecast
9.3.7 Others Market Trends Market Forecast
9.4Latin America
9.4.1 Brazil Market Trends Market Forecast
9.4.2 Mexico Market Trends Market Forecast
9.4.3 Others Market Trends Market Forecast
9.5Middle East and Africa
9.5.1 Market Trends
9.5.2 Market Breakup by Country
9.5.3 Market Forecast
10 SWOT Analysis
11 Value Chain Analysis
12 Porters Five Forces Analysis
12.2Bargaining Power of Buyers
12.3Bargaining Power of Suppliers
12.4Degree of Competition
12.5Threat of New Entrants
12.6Threat of Substitutes
13 Price Analysis
14 Competitive Landscape
14.1Market Structure
14.2Key Players
14.3Profiles of Key Players
14.3.1Chobani LLC Company Overview Product Portfolio
14.3.2CP-Meiji Company Ltd. Company Overview Product Portfolio Financials SWOT Analysis
14.3.3Danone S.A. Company Overview Product Portfolio Financials SWOT Analysis
14.3.4Fage International S.A. Company Overview Product Portfolio
14.3.5General Mills Inc. Company Overview Product Portfolio Financials SWOT Analysis
14.3.6Juhayna Food Industries Company Overview Product Portfolio
14.3.7Lausanne Dairies Company Overview Product Portfolio
14.3.8Muller UK & Ireland Group Company Overview Product Portfolio
14.3.9Nestlé S.A. Company Overview Product Portfolio Financials SWOT Analysis
14.3.10Parmalat S.p.A. (Lactalis American Group Inc) Company Overview Product Portfolio
14.3.11Tillamook Company Overview Product Portfolio

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