Report Overview
Dry yogurt, also known as powdered yogurt, is a dehydrated form of yogurt that offers convenience and extended shelf life compared to traditional yogurt. It is widely used in various food products, including baked goods, smoothies, desserts, and snacks. The market for dry yogurt is positioned at the intersection of the dairy and convenience food sectors, catering to consumers looking for nutritious and easy-to-use dairy products.
As of 2023, the global market size for dry yogurt stands at approximately USD 250 million. The market is expected to grow at a Compound Annual Growth Rate (CAGR) of 7.5% from 2024 to 2032, reaching a value of USD 400 million by the end of the forecast period. This growth can be attributed to several key factors that are driving the market forward.
One of the primary growth drivers for the dry yogurt market is the increasing demand for convenient and healthy food options. Busy lifestyles and rising health consciousness among consumers have led to a growing preference for on-the-go snacks that offer nutritional benefits. Dry yogurt, being a rich source of protein, calcium, and probiotics, aligns well with these consumer preferences, driving its adoption across various demographics.
Moreover, the expanding food and beverage industry, particularly in developing economies, is creating opportunities for dry yogurt manufacturers to introduce innovative products and flavors. The versatility of dry yogurt as an ingredient in a wide range of food applications further enhances its market potential, appealing to both individual consumers and foodservice providers.
In terms of market trends, there is a noticeable shift towards clean-label and organic dry yogurt products. Consumers are increasingly seeking products that are free from artificial additives, preservatives, and GMO ingredients. Manufacturers are responding to this trend by offering organic and natural variants of dry yogurt, tapping into the growing demand for clean and transparent food options.
Additionally, the rise of e-commerce platforms and online grocery services is facilitating greater accessibility to dry yogurt products, enabling manufacturers to reach a wider audience beyond traditional retail channels. This trend is particularly prominent in urban areas where convenience and product variety play a significant role in consumer purchasing decisions.
Regionally, North America and Europe currently lead the market for dry yogurt, driven by established dairy industries, high consumer awareness about health and wellness, and a strong presence of key market players. However, Asia-Pacific is identified as a region with immense growth potential, attributed to the increasing disposable incomes, changing dietary preferences, and a burgeoning food processing sector.
Despite the positive outlook, the market for dry yogurt faces challenges such as fluctuating raw material prices, regulatory complexities related to food safety and labeling, and intensifying competition from alternative dairy products. Overcoming these challenges will require continuous innovation, strategic partnerships, and a keen focus on consumer preferences to sustain growth in the dynamic market landscape.
This report provides a deep insight into the global Dry Yogurt market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, value chain analysis, etc.
The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Dry Yogurt Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.
In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Dry Yogurt market in any manner.
Global Dry Yogurt Market: Market Segmentation Analysis
The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.
Key Company
Glanbia Nutritionals
Epi Ingredients
Ace International LLP
Almil AG
Kerry Inc.
PreGel America
Inc.
C.P. Ingredients Ltd.
Bluegrass Dairy & Food
Inc.
Dr. Suwelack
Armor Protéines
Prolactal GmbH
Bempresa Ltd.
Market Segmentation (by Type)
Skimmed Dry Yogurt
Semi-skimmed Dry Yogurt
Whole Dry Yogurt
Market Segmentation (by Application)
Traditional Retail
Online Retail
Geographic Segmentation
• North America (USA, Canada, Mexico)
• Europe (Germany, UK, France, Russia, Italy, Rest of Europe)
• Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)
• South America (Brazil, Argentina, Columbia, Rest of South America)
• The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)
Key Benefits of This Market Research:
• Industry drivers, restraints, and opportunities covered in the study
• Neutral perspective on the market performance
• Recent industry trends and developments
• Competitive landscape & strategies of key players
• Potential & niche segments and regions exhibiting promising growth covered
• Historical, current, and projected market size, in terms of value
• In-depth analysis of the Dry Yogurt Market
• Overview of the regional outlook of the Dry Yogurt Market:
Key Reasons to Buy this Report:
• Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change
• This enables you to anticipate market changes to remain ahead of your competitors
• You will be able to copy data from the Excel spreadsheet straight into your marketing plans, business presentations, or other strategic documents
• The concise analysis, clear graph, and table format will enable you to pinpoint the information you require quickly
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
• The current as well as the future market outlook of the industry concerning recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
• Includes in-depth analysis of the market from various perspectives through Porter’s five forces analysis
• Provides insight into the market through Value Chain
• Market dynamics scenario, along with growth opportunities of the market in the years to come
• 6-month post-sales analyst support
Customization of the Report
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Chapter Outline
Chapter 1 mainly introduces the statistical scope of the report, market division standards, and market research methods.
Chapter 2 is an executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the Dry Yogurt Market and its likely evolution in the short to mid-term, and long term.
Chapter 3 makes a detailed analysis of the market’s competitive landscape of the market and provides the market share, capacity, output, price, latest development plan, merger, and acquisition information of the main manufacturers in the market.
Chapter 4 is the analysis of the whole market industrial chain, including the upstream and downstream of the industry, as well as Porter’s five forces analysis.
Chapter 5 introduces the latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 6 provides the analysis of various market segments according to product types, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 7 provides the analysis of various market segments according to application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 8 provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 9 introduces the basic situation of the main companies in the market in detail, including product sales revenue, sales volume, price, gross profit margin, market share, product introduction, recent development, etc.
Chapter 10 provides a quantitative analysis of the market size and development potential of each region in the next five years.
Chapter 11 provides a quantitative analysis of the market size and development potential of each market segment (product type and application) in the next five years.
Chapter 12 is the main points and conclusions of the report.