Market Research Logo

Asia-Pacific Frozen Yogurt Market - Segmented by Distribution Channel, and Geography – Growth, Trends, and Forecast (2018 - 2023)

Asia-Pacific Frozen Yogurt Market - Segmented by Distribution Channel, and Geography – Growth, Trends, and Forecast (2018 - 2023)

The Asia-Pacific Frozen Yogurt market is expected to reach USD 495 million by 2023, witnessing a CAGR of 6.3% during 2018-2023. The frozen yogurt volume sale surpassed 51.33 million liters in 2017, registering a CAGR of 5%, during the forecast period. Japan and China are the most significant markets which combined accounts for more than 50% of the total sale. The growth rate is attributed to the growing consumer interest in nutritional desserts.

The retail frozen yogurt market has observed a fierce competition from the foodservice channel and healthy growth of refrigerated Greek yogurt sale. Health benefits associated with yogurt coupled with increasing number of flavors are driving the market. Shift in frozen dessert consumption pattern due to consumer preference for low calorie; high protein products is further accelerating the growth. Intense competition from ice cream market and other frozen dessert market has negatively affected the market growth.

Innovative Flavors on High Demand

Beneficial bacteria’s that boost the immune health along with low-fat and broad flavors are attracting consumers. Unique flavor and combinations have increasingly become popular. Tart, Red velvet, chocolate, cocoa, matcha green tea flavors in frozen yogurt are in high demand. Toppings and fruits, oreo, etc., on the frozen yogurt, which gives aesthetic appeal attracting consumers. Broad customizations available at food service stores continue to affect the retail market. Increased penetration of foreign companies offering innovative flavors fueled frozen yogurt market growth. Yogurt featuring non-fat and low-fat with flavors are gaining sales momentum owing to consumer preference for low-calorie products. Majority of frozen yogurt consumers fall between 18-34 age group which accounts for 40% of the volume sale. Change in ice cream consumption behavior has given rise to frozen yogurt sale in the region. Probiotics found in frozen yogurt, which assists digestion, beauty, and slimming has attracted the ice cream consumers.

Japan the Largest Market

Asia-pacific currently accounts for only around 9 % of the global frozen yogurt volume consumption in 2017. However, the category is growing at a faster rate than global average. Japan has the significant volume share of 27% which is followed by China and Australia. The rising demand for a healthier alternative to ice cream, indulgence and increase in per capita income are driving the market. Plain and unflavored frozen yogurt is the dominant category in India and China. The competition among the players is high as there are lot many providers for frozen yogurt. Moreover, the companies are competing with ice cream players and increasing store chain brands.

Key Developments

  • November 2017 - DANONE entered into online retail in Asia owing to expanding yogurt sales in the region, such as China. Online retail is growing at a faster rate in Asia mainly for nutritional supplements and health products
The Asia-Pacific Frozen Yogurt market is concentrated among top players. Mergers and Acquisitions are the primary strategies adopted by players to innovate new product offerings.

The major players include - NESTLÉ S.A., GENERAL MILLS, INC., UNILEVER, DEAN FOODS, amongst others.

Reasons to Purchase this Report
  • Understanding the impact of opportunity offered by Asia-Pacific on the declining Asia-Pacific market
  • Analyzing outlook of the market with the recent trends and Porter’s five forces analysis
  • Market dynamics scenario, along with growth opportunities of the market in the years to come
  • Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and non-economic aspects
  • Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
  • Market value (USD Million) and volume (Kg Million) data for each segment and sub segment
  • Distribution Channel sales Analysis by Value
  • Competitive landscape involving the market share of major players, along with the new product launch and strategies adopted by players in the past five years
  • Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
  • 3-month analyst support, along with the Market Estimate sheet in excel
Please note: This publisher does offer titles that are created upon receipt of order. If you are purchasing a PDF Email Delivery option above, the report will take approximately 2 business days to prepare and deliver.


1. Introduction
1.1 Key Deliverables of the Study
1.2 Study Assumptions
1.3 Scope of the Market
2. Research Approach and Methodology
2.1 Introduction
2.2 Research Design
2.3 Study Timelines
2.4 Study Phases
2.4.1 Secondary Research
2.4.2 Discussion Guide
2.4.3 Market Engineering and Econometric Modeling
2.4.4 Expert Validation
3. Market Overview
3.1 Market Trends
3.2 Market Dynamics
3.2.1 Drivers
3.2.1.1 Convenient On-the-go Packaging
3.2.1.2 Rising Demand for Health & Wellness Product Owing to Probiotic Benifits
3.2.2 Restraints
3.2.2.1 Aggerrive Expansion of Food serivice Frozen Yogurt Franchises
3.2.2.2 Fluctuating Milk Prices & Supply
3.2.3 Opportunities
3.2.3.1 Innovation in Product and Flavors
3.2.4 Porter's Five Forces Analysis
3.2.4.1 Bargaining Power of Suppliers
3.2.4.2 Bargaining Power of Buyers
3.2.4.3 Threat of New Entrants
3.2.4.4 Threat of Substitute Products and Services
3.2.4.5 Degree of Competition
4. Market Segmentation
4.1 By Distribution Channel
4.1.1 Specialist Retailers
4.1.2 Supermarkets and Hypermarkets
4.1.3 Convenience Stores
4.1.4 Variety Stores
4.1.5 Others
4.2 By Geography
4.2.1 Asia-Pacific
4.2.1.1 China
4.2.1.2 India
4.2.1.3 Japan
4.2.1.4 Australia
4.2.1.5 Rest of Asia-Pacific
5. Competitive Landscape
5.1 Market Share Analysis
5.2 Strategy Adopted by Key Players
5.3 Most Active Companies in the Past Five Years
6. List of Company Profiles
6.1 Overview
6.2 Products & Services
6.3 Financials
6.4 Key Developments
6.5 Strategies Adopted
6.6 SWOT Analysis of Major Five Players
7. Companies Covered
7.1 TCBY
7.2 Nestlé SA
7.3 Unilever
7.4 Dean Foods
7.5 General Mills Inc.,
7.6 Lick
7.7 Frosty Boy Australia
7.8 Australasian Food Group
7.9 Wholefarm Australia Pty Ltd
8. Appendix
8.1 Disclaimer
8.2 Sources
LIST OF TABLES
1: Frozen Yogurt Market: Revenue in USD million, by Country, Asia-Pacific, 2015-2023
2: Frozen Yogurt Market: Revenue in USD million, by Distribution Channel, Asia-Pacific, 2015-2023
3: Frozen Yogurt Market: Revenue in USD million, by Distribution Channel, India, 2015-2023
4: Frozen Yogurt Market: Revenue in USD million, by Distribution Channel, China, 2015-2023
5: Frozen Yogurt Market: Revenue in USD million, by Distribution Channel, Australia, 2015-2023
6: Frozen Yogurt Market: Revenue in USD million, by Distribution Channel, Japan, 2015-2023
7: Frozen Yogurt Market: Revenue in USD million, by Distribution Channel, Rest of Asia-Pacific, 2015-2023
8: Frozen Yogurt Market: Revenue in USD million, by Distribution Channel, Asia-Pacific, 2015-2023
9: Frozen Yogurt Market: Volume in million Kg, by Country, Asia-Pacific, 2015-2023

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook

Share this report