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Fruit Yogurt Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The report covers Global Yoghurt Fruit Market Trends and is segmented by Category (Dairy-based and Dairy-free), by Type (Sponable Yogurt and Drinkable Yogurt), by Distribution Channel (Supermarkets/Hypermarkets, Convenience Stores, Specialty Stores, Online Retail Stores and Others) and Geography.

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Fruit Yogurt Market Size

Fruit Yogurt Market
Study Period 2019 - 2029
Base Year For Estimation 2023
CAGR 7.00 %
Fastest Growing Market Asia Pacific
Largest Market Europe
Market Concentration Low

Major Players

Fruit Yogurt Market

*Disclaimer: Major Players sorted in no particular order

Compare market size and growth of Fruit Yogurt Market with other markets in Food & Beverage Industry

Beverages

Food

Food Ingredients and Food Additives

Food Supplements

Fruit Yogurt Market Analysis

The fruit yogurt market is projected to grow at a CAGR of 7.0% during the forecast period (2020 - 2025).

  • The demand for fruit yogurt is fueled by the availability of numerous flavors, and growing consumer indulgence for exotic flavors, coupled with significant investments by manufacturers. This prompts the manufacturers to develop products with innovative flavors to cater to the surging demand.
  • Globally, with the growing trend of veganism has to the demand for non-dairy-based yogurt products, thus, the segment is anticipated to grow at a faster rate. Owing to the large retail space and convenient conventional services, supermarkets/ hypermarkets remain as one of the most preferred points of sale for fruit yogurt.
  • The global fruit yogurt market is highly competitive with the presence of various global and regional players, including several private label brands. However, the major players operating in the market are Danone, General Mills, Chobani, and Nestle, among others.

Fruit Yogurt Market Trends

This section covers the major market trends shaping the Fruit Yogurt Market according to our research experts:

Growing Demand for Probiotic Food and Beverages

The high prevalence of digestive disorders drives the demand, for probiotic foods, across various consumer groups, globally. Yogurt, in both spoonable and drinkable form in different flavors, is the most preferred probiotic food. Therefore, the increased penetration of dairy, as well as non-dairy fruit yogurt, has led key players across the world to constantly invest in R&D activities, for product innovation with product claims: low/no sugar, in order to capture the evolving consumer trend and gain a competitive advantage in the probiotic market. Recently, in January 2020, Stonyfield Organic introduced its range of drinkable probiotic yogurt, Daily Probiotics available in two variants Blueberry Pomegranate and Strawberry Acai, the product aids in both immune and digestive health of the consumer. Thus, the fruit yogurt market is growing at a significant rate owing to the rising demand for probiotic food and beverage.

Fruit Yogurt Market1

Europe is the Largest Market

Europe holds a prominent share of the fruit yogurt market driven by consumer inclination towards an innovative healthy diet. The fruit yogurt incorporates fruits that act as a source of both nutrients as well as flavor to the widely accepted product in the region. The leading player operating in the market are highly investing in product innovation in order to cater to improved products to the European market. As per the consumer mapping done by the company such as Arla Foods amba, consumers recognize that the average fruit yogurt in Germany contains around 14g of added sugar which is leading to a decline in the category. Therefore, in 2018, Arla introduced Arla Bio Nur in the Germany market, which has no added sugar and contains between 6.8g and 7.7g of sugar, depending on the fruit variant, and consists of only natural ingredients. Additionally, one of the market leaders, Danone has too led the way with its release of Oikos in the region, as the product is incorporated with new flavors, including fruit fondues - fruit fondue with orange, fruit fondue with cherry and fruit fondue with red berries. Thus, triggering the fruit yogurt market in the region.

Fruit Yogurt Market2

Fruit Yogurt Industry Overview

The fruit yogurt market is highly competitive with major players, namely Danone, and General Mills Inc., holding prominent shares in the global market due to their extensive presence. Whereas the remaining share has been held by various local and international players, predominantly by Chobani LLC, and Nestle SA. Product innovation and development is the most adopted strategy by the players operating in the market studied. With the increasing number of health-conscious consumers across the world, major players are adopting various strategies to draw the attention of consumers, by introducing fruit yogurts with clinical claims, such as non-GMO certified and organic to capture the larger share of the market studied.

Fruit Yogurt Market Leaders

  1. Chobani Global Holdings, Inc.

  2. Nestlé S.A.

  3. General Mills Inc.

  4. Danone S.A.

  5. Forager Project 

*Disclaimer: Major Players sorted in no particular order

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Fruit Yogurt Market Report - Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Deliverables

    2. 1.2 Study Assumptions

    3. 1.3 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

    1. 3.1 Market Overview

  4. 4. MARKET DYNAMICS

    1. 4.1 Market Drivers

    2. 4.2 Market Restraints

    3. 4.3 Porter's Five Forces Analysis

      1. 4.3.1 Threat of New Entrants

      2. 4.3.2 Bargaining Power of Buyers/Consumers

      3. 4.3.3 Bargaining Power of Suppliers

      4. 4.3.4 Threat of Substitute Products

      5. 4.3.5 Intensity of Competitive Rivalry

  5. 5. MARKET SEGMENTATION

    1. 5.1 By Category

      1. 5.1.1 Dairy-based

      2. 5.1.2 Dairy-free

    2. 5.2 By Type

      1. 5.2.1 Spoonable Yogurt

      2. 5.2.2 Drinkable Yogurt

    3. 5.3 By Distribution Channel

      1. 5.3.1 Supermarkets/Hypermarkets

      2. 5.3.2 Convenience Stores

      3. 5.3.3 Specialty Stores

      4. 5.3.4 Online Retail Stores

      5. 5.3.5 Others

    4. 5.4 Geography

      1. 5.4.1 North America

        1. 5.4.1.1 United States

        2. 5.4.1.2 Canada

        3. 5.4.1.3 Mexico

        4. 5.4.1.4 Rest of North America

      2. 5.4.2 Europe

        1. 5.4.2.1 Spain

        2. 5.4.2.2 United Kingdom

        3. 5.4.2.3 Germany

        4. 5.4.2.4 France

        5. 5.4.2.5 Italy

        6. 5.4.2.6 Russia

        7. 5.4.2.7 Rest of Europe

      3. 5.4.3 Asia Pacific

        1. 5.4.3.1 China

        2. 5.4.3.2 Japan

        3. 5.4.3.3 India

        4. 5.4.3.4 Australia

        5. 5.4.3.5 Rest of Asia-Pacific

      4. 5.4.4 South America

        1. 5.4.4.1 Brazil

        2. 5.4.4.2 Argentina

        3. 5.4.4.3 Rest of South America

      5. 5.4.5 Middle East and Africa

        1. 5.4.5.1 South Africa

        2. 5.4.5.2 Saudi Arabia

        3. 5.4.5.3 Rest of Middle East and Africa

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Most Active Companies

    2. 6.2 Most Adopted Strategies

    3. 6.3 Market Share Analysis

    4. 6.4 Company Profiles

      1. 6.4.1 Litehouse Inc.

      2. 6.4.2 Chobani Global Holdings, Inc.

      3. 6.4.3 General Mills Inc.

      4. 6.4.4 Danone S.A.

      5. 6.4.5 Ripple Foods PBC.

      6. 6.4.6 Forager Project

      7. 6.4.7 Nestle S.A.

      8. 6.4.8 Epigamia

    5. *List Not Exhaustive

  7. 7. MARKET OPPORTUNITIES AND FUTURE TRENDS

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Fruit Yogurt Industry Segmentation

The market is segmented into category, type and distribution. Fruit yogurt market by category, is segmented into dairy-based and dairy-free. By type the market is segmented into spoonable yogurt and drinkable yogurt. By distribution channel, the market is segmented into supermarkets/hypermarkets, convenience stores, specialty stores, online retail stores, and others.

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Fruit Yogurt Market Research FAQs

The Fruit Yogurt Market is projected to register a CAGR of 7% during the forecast period (2024-2029)

Chobani Global Holdings, Inc., Nestlé S.A., General Mills Inc., Danone S.A. and Forager Project  are the major companies operating in the Fruit Yogurt Market.

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029).

In 2024, the Europe accounts for the largest market share in Fruit Yogurt Market.

The report covers the Fruit Yogurt Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Fruit Yogurt Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.

Fruit Yogurt Industry Report

Statistics for the 2024 Fruit Yogurt market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Fruit Yogurt analysis includes a market forecast outlook 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.

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Fruit Yogurt Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)