Report Overview
Frozen yogurt, also known as froyo, is a popular frozen dessert made from yogurt and sometimes other dairy products. It is known for its tangy flavor and creamy texture, often served with a variety of toppings. The market for frozen yogurt has experienced significant growth over the past decade, driven by changing consumer preferences towards healthier dessert options and the rise of frozen yogurt chains offering customizable treats.
As of 2023, the global market size for frozen yogurt stands at approximately $4.2 billion. The market is projected to grow at a Compound Annual Growth Rate (CAGR) of 3.8% from 2024 to 2032. Key growth drivers for the frozen yogurt market include increasing health consciousness among consumers, demand for low-fat and low-calorie dessert options, and the availability of a wide range of flavors and toppings to cater to diverse preferences.
One prominent trend in the frozen yogurt market is the emphasis on probiotic-rich options. Probiotics are live bacteria and yeasts that are beneficial for gut health. Many frozen yogurt brands are now incorporating probiotics into their products to appeal to health-conscious consumers looking for functional foods that offer digestive benefits.
Another trend shaping the market is the focus on plant-based and dairy-free frozen yogurt alternatives. With the growing popularity of plant-based diets and the rise in lactose intolerance, there is a rising demand for frozen yogurt made from alternative ingredients such as coconut milk, almond milk, or soy milk. Brands that offer dairy-free options are gaining traction among vegan and lactose-intolerant consumers.
Furthermore, the customization trend is driving innovation in the frozen yogurt market. Many frozen yogurt shops allow customers to create their own dessert by choosing from a variety of yogurt flavors and toppings. This personalized experience not only enhances customer satisfaction but also encourages repeat visits and brand loyalty.
In terms of regional market distribution, North America currently leads the frozen yogurt market, attributed to the presence of major frozen yogurt chains and a strong culture of dessert consumption. Europe follows closely behind, with a growing demand for healthier dessert options driving market growth. Asia Pacific is also emerging as a lucrative market for frozen yogurt, fueled by changing dietary habits and increasing disposable income in countries like China and India.
Despite the positive growth outlook, the frozen yogurt market faces challenges such as increasing competition from other frozen desserts like ice cream and gelato, fluctuating prices of dairy products impacting production costs, and changing consumer preferences towards fresh and natural ingredients. To stay competitive, frozen yogurt brands need to innovate with new flavors, toppings, and marketing strategies to attract and retain customers in a dynamic market landscape.
This report provides a deep insight into the global Frozen 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 Frozen 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 Frozen Yogurt market in any manner.
Global Frozen 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
Yogen Fruz
Menchie’s
Pinkberry
Red Mango
TCBY
Yogurtland
llaollao
Perfectime
Ben & Jerry’s
Micat
Orange Leaf
Yogiboost
Market Segmentation (by Type)
Plain Frozen Yogurt
Flavored Frozen Yogurt
Market Segmentation (by Application)
Minor (Age below 18)
Young Man (18-30)
Young Woman (18-30)
Middle-Aged Person (30-50)
Senior (Age above 50)
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 Frozen Yogurt Market
• Overview of the regional outlook of the Frozen 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 Frozen 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.