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North America Drinking Yogurt Market Size, Share & Trends Analysis Report By Type (Dairy Based, and Non Dairy Based), By Packaging (Bottles, and Tetra Pack), By Flavor (Flavored, and Plain), By Distribution Channel, By Country and Growth Forecast, 2023 -

Publisher Knowledge Based Value (KBV) Research
Published Jan 31, 2024
Length 157 Pages
SKU # KBV18592986

Description

North America Drinking Yogurt Market Size, Share & Trends Analysis Report By Type (Dairy Based, and Non Dairy Based), By Packaging (Bottles, and Tetra Pack), By Flavor (Flavored, and Plain), By Distribution Channel, By Country and Growth Forecast, 2023 - 2030


The North America Drinking Yogurt Market would witness market growth of 5.9% CAGR during the forecast period (2023-2030). In the year 2019, the North America market's volume surged to 1,054.6 million litres, showcasing a growth of 6.0% (2019-2022).

The culinary landscape has noticed a surge in the integration of this into various recipes and culinary creations. From smoothies and shakes to salad dressings and marinades, the application of this has expanded beyond traditional consumption, creating a diverse range of culinary experiences. Drinking yogurt has found resonance across different age groups and demographics. The market caters to the preferences of children with flavored and appealing options while also appealing to adults with formulations that focus on specific health concerns such as bone health, weight management, and cardiovascular well-being. During the production process of yogurt drinks, which occurs in enormous quantities, hazardous chemicals and additives are often introduced. These additives might be incorporated to enhance the flavor and aroma, stabilize, or establish a more consistent consistency of the beverages. This diminishes the market's potential for expansion and negatively affects the perception of drinking yogurt.

Furthermore, the market is witnessing a paradigm shift in flavor profiles, emphasizing exotic and unique taste experiences. Manufacturers are exploring innovative flavor combinations, incorporating superfoods, herbs, and spices to appeal to consumers' evolving palates. As sustainability becomes a key concern for customers, the market is witnessing a shift towards eco-friendly and recyclable packaging solutions. Brands increasingly adopt innovative packaging designs to enhance convenience while minimizing environmental impact. The digital era has transformed how consumers discover and purchase products; the market is no exception. E-commerce platforms are pivotal in connecting brands with consumers, offering a personalized shopping experience, and allowing for direct engagement through social media and online communities.

Consumers in the US are increasingly making choices based on environmental and ethical considerations. Plant-based drinks are often promoted as more sustainable and cruelty-free alternatives. Plant-based drinking yogurt aligns with these values, appealing to eco-conscious and ethically minded consumers. In the US, retailers respond to the demand for plant-based products and often dedicate specific sections or shelves to these items. This focused merchandising approach can increase the visibility and accessibility of plant-based drinking yogurts within retail stores. Thus, the above aspects will expand the market growth across the region in the upcoming years.

The US market dominated the North America Drinking Yogurt Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $10,914.2 million by 2030. The Canada market is showcasing a CAGR of 8.3% during (2023 - 2030). Additionally, The Mexico market would register a CAGR of 7.3% during (2023 - 2030).

Based on Type, the market is segmented into Dairy Based, and Non Dairy Based. Based on Packaging, the market is segmented into Bottles, and Tetra Pack. Based on Flavor, the market is segmented into Flavored (Chocolate, Vanilla, Berries, Mango, and Others), and Plain. Based on Distribution Channel, the market is segmented into Supermarkets & Hypermarkets, Convenience Stores, Specialty Stores, Online Stores, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.

List of Key Companies Profiled
  • Meiji Holdings Co., Ltd.
  • Arla Foods, Inc.
  • Danone, S.A.
  • Schreiber Foods, Inc.
  • Lactalis Group
  • Nestle S.A.
  • Chobani LLC
  • Royal FrieslandCampina N.V.
  • General Mills Inc.
  • DANA Dairy Group Ltd.
North America Drinking Yogurt Market Report Segmentation

By Type (Volume, Million Litres, USD Billion, 2019-2030)
  • Dairy Based
  • Non Dairy Based
By Packaging (Volume, Million Litres, USD Billion, 2019-2030)
  • Bottles
  • Tetra Pack
By Flavor (Volume, Million Litres, USD Billion, 2019-2030)
  • Flavored
  • Chocolate
  • Vanilla
  • Berries
  • Mango
  • Others
  • Plain
By Distribution Channel (Volume, Million Litres, USD Billion, 2019-2030)
  • Supermarkets & Hypermarkets
  • Convenience Stores
  • Specialty Stores
  • Online Stores
  • Others
By Country (Volume, Million Litres, USD Billion, 2019-2030)
  • US
  • Canada
  • Mexico
  • Rest of North America

Table of Contents

157 Pages
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Drinking Yogurt Market, by Type
1.4.2 North America Drinking Yogurt Market, by Packaging
1.4.3 North America Drinking Yogurt Market, by Flavor
1.4.4 North America Drinking Yogurt Market, by Distribution Channel
1.4.5 North America Drinking Yogurt Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
3.3 Porter’s Five Forces Analysis
Chapter 4. Strategies Deployed in Drinking Yogurt Market
Chapter 5. North America Drinking Yogurt Market by Type
5.1 North America Dairy Based Market by Region
5.2 North America Non Dairy Based Market by Region
Chapter 6. North America Drinking Yogurt Market by Packaging
6.1 North America Bottles Market by Country
6.2 North America Tetra Pack Market by Country
Chapter 7. North America Drinking Yogurt Market by Flavor
7.1 North America Flavored Market by Region
7.2 North America Drinking Yogurt Market by Flavored Type
7.2.1 North America Chocolate Market by Country
7.2.2 North America Vanilla Market by Country
7.2.3 North America Berries Market by Country
7.2.4 North America Mango Market by Country
7.2.5 North America Others Market by Country
7.3 North America Plain Market by Region
Chapter 8. North America Drinking Yogurt Market by Distribution Channel
8.1 North America Supermarkets & Hypermarkets Market by Country
8.2 North America Convenience Stores Market by Country
8.3 North America Specialty Stores Market by Country
8.4 North America Online Stores Market by Country
8.5 North America Others Market by Country
Chapter 9. North America Drinking Yogurt Market by Country
9.1 US Drinking Yogurt Market
9.1.1 US Drinking Yogurt Market by Type
9.1.2 US Drinking Yogurt Market by Packaging
9.1.3 US Drinking Yogurt Market by Flavor
9.1.3.1 US Drinking Yogurt Market by Flavored Type
9.1.4 US Drinking Yogurt Market by Distribution Channel
9.2 Canada Drinking Yogurt Market
9.2.1 Canada Drinking Yogurt Market by Type
9.2.2 Canada Drinking Yogurt Market by Packaging
9.2.3 Canada Drinking Yogurt Market by Flavor
9.2.3.1 Canada Drinking Yogurt Market by Flavored Type
9.2.4 Canada Drinking Yogurt Market by Distribution Channel
9.3 Mexico Drinking Yogurt Market
9.3.1 Mexico Drinking Yogurt Market by Type
9.3.2 Mexico Drinking Yogurt Market by Packaging
9.3.3 Mexico Drinking Yogurt Market by Flavor
9.3.3.1 Mexico Drinking Yogurt Market by Flavored Type
9.3.4 Mexico Drinking Yogurt Market by Distribution Channel
9.4 Rest of North America Drinking Yogurt Market
9.4.1 Rest of North America Drinking Yogurt Market by Type
9.4.2 Rest of North America Drinking Yogurt Market by Packaging
9.4.3 Rest of North America Drinking Yogurt Market by Flavor
9.4.3.1 Rest of North America Drinking Yogurt Market by Flavored Type
9.4.4 Rest of North America Drinking Yogurt Market by Distribution Channel
Chapter 10. Company Profiles
10.1 Meiji Holdings Co., Ltd.
10.1.1 Company Overview
10.1.2 Financial Analysis
10.1.3 Segmental Analysis
10.1.4 Research & Development Expense
10.1.5 Recent strategies and developments:
10.1.5.1 Product Launches and Product Expansions:
10.1.5.2 Geographical Expansions:
10.1.6 SWOT Analysis
10.2 Arla Foods, Inc.
10.2.1 Company Overview
10.2.2 Financial Analysis
10.2.3 Regional Analysis
10.2.4 Research & Development Expense
10.2.5 Recent strategies and developments:
10.2.5.1 Partnerships, Collaborations, and Agreements:
10.2.6 SWOT Analysis
10.3 Danone S.A.
10.3.1 Company Overview
10.3.2 Financial Analysis
10.3.3 Category and Regional Analysis
10.3.4 Recent strategies and developments:
10.3.4.1 Product Launches and Product Expansions:
10.3.5 SWOT Analysis
10.4 Schreiber Foods, Inc.
10.4.1 Company Overview
10.4.2 Recent strategies and developments:
10.4.2.1 Partnerships, Collaborations, and Agreements:
10.4.3 SWOT Analysis
10.5 Lactalis Group
10.5.1 Company Overview
10.5.2 Recent strategies and developments:
10.5.2.1 Product Launches and Product Expansions:
10.5.3 SWOT Analysis
10.6 Nestle S.A
10.6.1 Company Overview
10.6.2 Financial Analysis
10.6.3 Segmental and Regional Analysis
10.6.4 Research & Development Expenses
10.6.5 SWOT Analysis
10.7 Chobani LLC
10.7.1 Company Overview
10.7.2 Recent strategies and developments:
10.7.2.1 Product Launches and Product Expansions:
10.7.3 SWOT Analysis
10.8 Royal FrieslandCampina N.V.
10.8.1 Company Overview
10.8.2 Financial Analysis
10.8.3 Segmental and Regional Analysis
10.8.4 Research & Development Expenses
10.8.5 SWOT Analysis
10.9 General Mills, Inc.
10.9.1 Company Overview
10.9.2 Financial Analysis
10.9.3 Segmental and Regional Analysis
10.9.4 Research & Development Expense
10.9.5 Recent strategies and developments:
10.9.5.1 Product Launches and Product Expansions:
10.9.6 SWOT Analysis
10.10. DANA Dairy Group Ltd.
10.10.1 Company Overview
10.10.2 SWOT Analysis

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