South America Yogurt Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 5.45 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
South America Yogurt Market Analysis
The South American yogurt market is expected to registera CAGR of 5.45%, during the forecast period 2020- 2025.
- The dietof Americans is a great concern and that is leading the consumers to shift towardprobiotic products. The South American market is not as developed as Europe in terms of yogurt. It is worrisome that the American diet is imbalanced and by taking three layers of low fat and fat-free dairy can create a healthier lifestyle.
- Dannon was one of the first one to open its store in South America and to explore new ways of America’s population to experience yogurt. Many European brands like Ehrmann are coming to the market and will be bringing innovative products to excite the consumers.
South America Yogurt Market Trends
This section covers the major market trends shaping the South America Yogurt Market according to our research experts:
Brazil is the Largest Producer of Yogurt in South America
Brazil is a recently emerged yogurt market. Consumers prefer to have yogurt in various flavors and due to own benefits as it provides some key nutrients which are good for bone health. The per capita consumption of yogurt is half of the consumption in Europe, providing a massive opportunity for the brands, thereby driving the yogurt market in South America. Various Europe brands are getting established in Brazil and they want to drive this market. Giving the consumers what they crave for is driving the sales in these markets by European retailers. Greek yogurt holds the highest share. The demand for Greek yogurt, which holds about more than half of the share in the total market, is expected to rise as it contains few carbohydrates and fats and is high in protein content.
Increasing preference for low-fat yogurt
There is a rising demand for low-fat and probiotic yogurt among Americans. Increasing obesity concerns has led to various health campaigns in South America which encouraged people to buy fat-free yogurt. This may help them with calcium, vitamins, and will also improve digestion. Imbalanced diets and obesity has led the consumers to shift from regular yogurt to low-fat flavored yogurts. Though the consumption of yogurt is less in South America, it will improve in the coming years.
South America Yogurt Industry Overview
Yogurt market is highly impacted by product and product innovation. Huge marketing and advertising investments, along with some product innovation, can provide for the game-changing environment among various players. The pioneer in the Greek yogurt market was Fage, followed by Chobani, who rode a cultural movement for health to build a massive brand and passionate consumers (fans) in record time. Dannon has done its share to brilliantly entice and inspire consumers to eat Greek yogurt with innovative and delicious products.
South America Yogurt Market Leaders
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Chobani LLC
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Danone SA
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Marvel
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FAGE USA Dairy Industry Inc.
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Nestle
*Disclaimer: Major Players sorted in no particular order
South America Yogurt Market Report - Table of Contents
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1. INTRODUCTION
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1.1 Study Deliverables
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1.2 Study Assumptions
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1.3 Scope of the Study
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2. RESEARCH METHODOLOGY
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3. EXECUTIVE SUMMARY
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3.1 Market Overview
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4. MARKET DYNAMICS
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4.1 Market Drivers
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4.2 Market Restraints
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4.3 Porters Five Forces Analysis
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4.3.1 Threat of New Entrants
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4.3.2 Bargaining Power of Buyers/Consumers
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4.3.3 Bargaining Power of Suppliers
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4.3.4 Threat of Substitute Products
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4.3.5 Intensity of Competitive Rivalry
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5. MARKET SEGMENTATION
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5.1 By Category
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5.1.1 Dairy-based yogurt
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5.1.2 Non-dairy based yogurt
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5.2 By Type
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5.2.1 Plain yogurt
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5.2.2 Flavored yogurt
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5.3 Distribution Channel
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5.3.1 Supermarkets/Hypermarkets
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5.3.2 Convenience Stores
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5.3.3 Specialty Stores
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5.3.4 Online Stores
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5.3.5 Other Distribution Channels
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5.4 Geography
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5.4.1 Brazil
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5.4.2 Argentina
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5.4.3 Rest of South America
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6. COMPETITIVE LANDSCAPE
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6.1 Market Share Analysis
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6.2 Most Active Companies
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6.3 Most Adopted Strategy
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6.4 Company Profiles
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6.4.1 Chobani LLC
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6.4.2 Danone SA
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6.4.3 General Mills, Inc
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6.4.4 Schreiber Foods
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6.4.5 Grupo Alpura
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6.4.6 Nestle
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6.4.7 Fonterra
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- *List Not Exhaustive
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7. MARKET OPPORTUNITIES AND FUTURE TRENDS
South America Yogurt Industry Segmentation
South America yogurt market is segmented by category into dairy based and non-dairy based yogurt; by type into, plain and flavored. By distribution channel, the south americs yogurt market can be segmented into hyper-markets/supermarkets, convenience stores, specialty stores, online stores, and others.
| By Category | |
| Dairy-based yogurt | |
| Non-dairy based yogurt |
| By Type | |
| Plain yogurt | |
| Flavored yogurt |
| Distribution Channel | |
| Supermarkets/Hypermarkets | |
| Convenience Stores | |
| Specialty Stores | |
| Online Stores | |
| Other Distribution Channels |
| Geography | |
| Brazil | |
| Argentina | |
| Rest of South America |
South America Yogurt Market Research FAQs
What is the current South America Yogurt Market size?
The South America Yogurt Market is projected to register a CAGR of 5.45% during the forecast period (2024-2029)
Who are the key players in South America Yogurt Market?
Chobani LLC, Danone SA, Marvel, FAGE USA Dairy Industry Inc. and Nestle are the major companies operating in the South America Yogurt Market.
What years does this South America Yogurt Market cover?
The report covers the South America Yogurt Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the South America Yogurt Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
South America Yogurt Industry Report
Statistics for the 2024 South America Yogurt market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. South America Yogurt analysis includes a market forecast outlook 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
