Dublin, March 11, 2024 (GLOBE NEWSWIRE) -- The "Yogurt Drinks - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
Amidst a dynamic global economic landscape, the Yogurt Drinks industry is experiencing a significant upswing. A recent comprehensive research publication has been added to a leading analysis firm's portfolio, highlighting that the global market for Yogurt Drinks, valued at approximately US$52.3 Billion in 2022, is anticipated to expand to a robust US$90.3 Billion by the year 2030. This growth projection suggests a healthy Compound Annual Growth Rate (CAGR) of 7.1% during the 2022-2030 analysis period.
The report segment on Conventional Yogurt Drinks is set to demonstrate a strong performance, with a predicted CAGR of 6.9%, potentially reaching a market size of US$84.1 Billion at the close of the forecast timeframe. Concurrently, a remarkable surge in the Vegan Yogurt Drinks segment points towards a vigorous 9% CAGR as a result of shifting consumer preferences and a heightened focus on plant-based diets.
Focusing on the geographic segmentation, the United States Yogurt Drinks sector is estimated to reach a value of US$14.3 Billion in 2022. Meanwhile, China, holding the title of the world’s second-largest economy, is forecasted to accelerate at a remarkable 11% CAGR, aspiring to attain a market valuation of US$20.3 Billion by 2030. Other regions such as Japan and Canada are also set to contribute significantly to the market's expansion, forecasted to grow at 3.6% and 6.2% CAGRs respectively. Europe showcases strong potential for growth, with Germany potentially rising at a 4.3% CAGR.
In providing a multi-dimensional view of the market, the report includes a profound analysis of key competitors, highlighting 26 prominent industry players. These entities have been meticulously selected for their influential positions and strategic initiatives in the Yogurt Drinks market space.
Key Insights Featured
- Specially commissioned coverage on pivotal global events impacting the market, including geopolitical phenomena, economic fluctuations, and supply chain dynamics.
- Market presence and competitiveness assessed across diverse regions with an emphasis on key players and market share analysis.
- Strategic geographic market insights, highlighting areas of strong growth and emerging opportunities in the Yogurt Drinks industry.
- Exclusive peer-to-peer collaborative updates and access to a state-of-the-art Research Platform.
- Commitment to a year's worth of complimentary report updates, keeping stakeholders abreast of the latest market developments.
The latest findings from this in-depth Yogurt Drinks market research open a window into what drives consumer choices, market trends, and strategic directions of leading players in the global industry landscape. It provides both existing and potential stakeholders with a powerful tool to understand the forces shaping the future of Yogurt Drinks around the world. The full publication is now available, offering invaluable insights for industry leaders, investors, analysts, and policymakers.
Key Attributes
| Report Attribute | Details |
| No. of Pages | 83 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value (USD) in 2022 | $52.3 Billion |
| Forecasted Market Value (USD) by 2030 | $90.3 Billion |
| Compound Annual Growth Rate | 7.1% |
| Regions Covered | Global |
A selection of companies mentioned in this report includes
- Arla Foods
- Benecol Limited
- Chobani LLC
- Dana Dairy Group
- FrieslandCampina
- Granarolo S.p.A.
- Lactalis Group
- Nestle S.A.
- Valio Ltd.
- Yakult Honsha Co., Ltd.
For more information about this report visit https://www.researchandmarkets.com/r/219e06
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