The North American yogurt market is estimated to grow at a CAGR of 4.5% during the forecast period. The market is expected to grow based on increasing obesity levels in both the US and Canada. Increasing issues concerning obesity have led Americans to go for healthier diets that have spurred an increased demand for yogurts in the region. The yogurt sector has witnessed tremendous growth as they are increasingly made available in exotic flavors including chocolate, coconut, and more. Secondary growth factors for the yogurt market in North America include rising per capita disposable income, increasing urban population, and a healthy eating index. Urban population customers are inclined to try new healthy food products, which makes the region a hot prospect for different types of yogurts.
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The North American yogurt market is segmented based on product type, category, and distribution channel. Based on the product type, the yogurt market is segmented into dairy-based and non-dairy-based. Based on the category, the market is classified into flavored and non-flavored. Based on the distribution channel, the market is segmented into convenience stores, supermarkets/hypermarkets, and online stores. In North America, there has been a significant rise in consumers preferring online shopping, owing to the level of convenience it provides for consumers as they find it easy to choose their preferred yogurt brands and get vast varieties of flavor and product. Developed economies, such as the US, where a large percentage of consumers buy groceries online, have witnessed record online sales for yogurt.
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- Market Coverage
- Market number available for – 2022-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill Inc., and others
Market Segmentation
North American Yogurt Market by Product Type
- Dairy-based
- Non-dairy-based
North American Yogurt Market by Category
- Flavored
- Non-flavored
North American Yogurt Market by Distribution Channel
- Convenience Stores
- Supermarkets/Hypermarkets
- Online Stores
Regional Analysis
- The US
- Canada
Company Profiles
- Califia Farms, LLC
- Chobani, LLC.
- Daiya Foods, Inc.
- Danone S.A.
- General Mills, Inc.
- Hans Dairy, Inc.
- Lactalis American Group, Inc.
- La Yogurt Probiotic
- LALA Branded Products, LLC
- Siggi’s Dairy (The Icelandic Milk & Skyr Corporation)
- Saputo, Inc.
- Stonyfield Farm, Inc.
- The Hain Celestial Group, Inc.
- The YoFarm Company
- Ultima Foods, Inc.
- Voskos (Sun Valley Dairy)
The Report Covers
- Comprehensive research methodology of the North America yogurt market.
- This report also includes a detailed and extensive market overview with key analyst insights.
- An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
- Analysis of regional regulations and other government policies impacting the North America yogurt market.
- Insights about market determinants which are stimulating the North America yogurt market.
- Detailed and extensive market segments with the regional distribution of forecasted revenues.
- Extensive profiles and recent developments of market players.
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