According to a new market report published by
Transparency Market Research "Yogurt Market-North America Scenario,
Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2013- 2019",
the North America yogurt market was worth USD 6.72 billion in 2012 and is
expected to reach USD 8.11 billion in 2019, growing at a CAGR of 3.23% from
2013 to 2019. The U.S. was the largest market for yogurt in 2012 due to
preference for healthy diet and growing obesity concerns.
Browse North America Yogurt Market Report with Full
TOC at http://www.transparencymarketresearch.com/yogurt-market.html
Yogurt is one of the most preferred dairy products
in North America. It is gaining popularity among the kids and youngsters due to
its availability in different flavors. Moreover, the healthfulness of yogurt
has raised its demand in North America.
One of the most consumed forms of set yogurt in the U.S. is "Greek
Yogurt".
In North America, Mexico is one of the fastest
growing markets for yogurt and is expected to grow at a CAGR above 5% in the next
six years. The demand for frozen yogurt as a dessert is expected to have a
substantial growth due to its healthfulness and unique taste. Moreover the
growth is also supported by people's preference for yogurt as a snack and while
eating between lunch and dinner. Growing
shares of supermarkets and hypermarkets in distribution is another factor
increasing the consumption of yogurt in North America as people can easily find
the yogurt products at a lesser price.
Private
label brands are expected to capture huge market share in North America over
next six years due to their cost effectiveness. Some of the market leaders in
North America yogurt market are General mills Inc., Groupe Danone, S.A. Chobani
Inc., Fage S.A., Groupo Alpura and Nestle S.A. among others.
The
yogurt market has been segmented as follows for better understanding and to
formulate winning strategies for the market players:
Yogurt Market by Type
The
different types of yogurt covered under this research study are defined as
follows:
- Set Yogurt
- Frozen Yogurt
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Sample Report:
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North
America Yogurt Market by Country
The
different countriescovered under this research study are defined as follows:
- The U.S
- Canada
- Mexico
· Browse Food & Beverages Market Reports @ http://www.transparencymarketresearch.com/food-beverages-market-reports-4.html
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