IMARC Group, a leading market research company, has recently releases report titled “Low-Fat Yogurt Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028.” The study provides a detailed analysis of the industry, including the global low-fat yogurt market growth, size, share, trends, and forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

Industry Overview of Low-Fat Yogurt

Low-fat yogurt is a dairy product that is known for its reduced fat content compared to regular yogurt. It is created by using skim milk or partially skimmed milk, which contains less fat, resulting in a nutritious product with a lower fat content. It is a versatile food item that has a creamy texture and slightly tangy flavor and can be enjoyed on its own, as a base for smoothies, or as a topping for various dishes. It is cost-effective and widely available in different flavors, such as vanilla, strawberry, mango, peach, blueberry, coffee, lemon, chocolate, and coconut. It is a rich source of calcium, carbohydrates, protein, vitamin D, vitamin B12, and probiotics and has fewer calories than full-fat yogurt. It is easier to digest as compared to higher-fat dairy products, making it a suitable option for those with mild lactose intolerance or digestive sensitivities. It can aid digestion, enhance the immune system, and maintain a balanced gut microbiome. It helps in maintaining strong bones and teeth and controlling hunger and cravings while providing essential nutrients. It is beneficial in building and repairing tissues, supporting muscle health, and preventing bone-related conditions like osteoporosis. Besides this, it assists in maintaining nerve function and red blood cell (RBC) production. As it aids in lowering the risk of heart disease and may contribute to enhanced cardiovascular health, the demand for low-fat yogurt is increasing across the globe.  

How Big Is the Low-Fat Yogurt Market?

The global low-fat yogurt market size reached US$ 20.2 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 37.1 Billion by 2028, exhibiting a growth rate (CAGR) of 10.28% during 2023-2028.

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What are the growth prospects and trends in the low-fat yogurt industry?

At present, the rising consumption of low-fat yogurt among individuals seeking to manage their weight due to its reduced calorie, fat content, and cholesterol levels represents one of the significant factors strengthening the growth of the market. Apart from this, the increasing adoption of protein-rich snacks among health-conscious individuals is supporting the market growth. Additionally, there is a rise in the demand for ready-to-eat (RTE) snack options among people with hectic working hours and busy lifestyles. This, coupled with the increasing awareness about the importance of a healthy lifestyle and dietary choices among the masses, is offering lucrative growth opportunities to industry investors.

In line with this, the growing demand for clean-label products among people is positively influencing the market. Moreover, the wide availability of low-fat yogurt via several distribution channels, including supermarkets, hypermarkets, and convenience and online stores, around the world is contributing to the growth of the market. Besides this, rising preferences for food products with minimal additives and preservatives, along with the introduction of innovative and appealing flavors in low-fat yogurt to attract a large consumer base, is bolstering the market growth.

In addition, the escalating demand for plant-based low-fat yogurt options that cater to consumers with dietary restrictions or preferences, along with the increasing adoption of low-fat yogurt on account of the changing tastes and preferences of individuals, is offering a positive market outlook.       

What is included in market segmentation?

The report has segmented the market into the following categories:

Breakup by Type:

  • Flavored
    • Cherry
    • Strawberry
    • Mango
    • Others
  • Unflavored

Breakup by Nature:

  • Organic
  • Conventional

Breakup by Distribution Channel:

  • Supermarkets and Hypermarkets
  • Convenience Stores
  • Specialty Stores
  • Online Stores
  • Others

Breakup by Region:

  • North America: (United States, Canada)
  • Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
  • Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
  • Latin America: (Brazil, Mexico, Others)
  • Middle East and Africa

Who are the key players operating in the industry?

The report covers the major market players including:

  • Chobani LLC
  • CP-Meiji Company Ltd.
  • Danone S.A.
  • Fage International S.A.
  • General Mills Inc.
  • Juhayna Food Industries
  • Lausanne Dairies
  • Muller UK & Ireland Group
  • Nestlé S.A.
  • Parmalat S.p.A. (Lactalis American Group Inc)
  • Tillamook

If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.

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