Global Yogurt Fruit Blend Drinks Market 2017-2021
About Yogurt Fruit Blend Drinks
Yogurt drinks have a reduced solid content than yogurt and are often consumed as a beverage with additional sugar content and various flavored syrups. Yogurt drinks are becoming popular among consumers who are looking for a healthy on-the-go snack. Yogurt drinks remain fresh throughout its shelf life even in the absence of refrigeration; this is one of the key factors of success of this product. Yogurt drinks are healthy snack that can be consumed at any time of the day, such as for breakfast or lunch.
Technavio’s analysts forecast the global yogurt fruit blend drinks market to grow at a CAGR of 5.55% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global yogurt fruit blend drinks market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Yogurt Fruit Blend Drinks Market 2017-2021
Technavio recognizes the following companies as the key players in the global yogurt fruit blend drinks market: Chobani, Danone, LALA Branded Products, Nestlé, and Stonyfield Farm.
Other Prominent Vendors in the market are: Biogreen Dairy, Bright Foods, China Mengniu Dairy, FrieslandCampina, Yili, Powerful Men, Raisio, MLEKOVITA, and Tropical Cheese Industries.
Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is increasing demand for organic and gluten-free yogurt drinks. Organic fruits and vegetables are not artificially ripened or sprayed with harmful pesticides and chemicals. Consumers have started becoming concerned about the composition of products and food safety. This has increased the demand for organic products across the globe. Stonyfield Farm is one of the leading vendors in the global organic yogurt blend drinks market.”
According to the report, one driver in the market is increasing awareness about the health benefits of yogurt. Consumers are increasingly interested in consuming healthier food and beverage products that help to attain complete health and well-being. They are increasing the intake of food supplements and nutraceutical products to complete the deficiencies of several vitamins, mineral, and other nutrients in the body. In the current hectic lifestyle of individuals, it is very difficult to main proper gut health. This increases the demand for yogurt-based products as they contain bacteria that are good for the stomach.
Further, the report states that one challenge in the market is fluctuating prices of raw materials. The major raw materials for yogurt fruit blend drinks are fruits, vegetables, milk, sugar, and others. The fluctuation in the prices of raw materials results in an abrupt change in prices of the final product. The fluctuation in the price of raw materials can be due to adverse weather conditions, natural disasters, national emergencies, supply shortages, other unexpected events. As an effect of this, it becomes a challenge for manufacturers to continue the ongoing supply of a particular batch size. The fluctuation in product price affects the purchase decision of consumers which further impact the market performance of the manufacturer.
Chobani, Danone, LALA Branded Products, Nestlé, Stonyfield Farm, Biogreen Dairy, Bright Foods, China Mengniu Dairy, FrieslandCampina, Yili, Powerful Men, Raisio, MLEKOVITA, and Tropical Cheese Industries.