The global frozen yogurt market size was valued at USD 1,826.2 billion in 2021 and is poised to grow at a significant CAGR of 3.7% during the forecast period 2022-28. The report studies global Market dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market. In addition, the global report includes human demographics; regulatory scenario, and competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analyzed global Market to better equip clients with possible investment opportunities across the regions (regional Investment Hot-Spots) and market unmet needs (Product opportunities).
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Rising consumer awareness of health issues, as well as a demand for healthy foods and diets, is a primary element driving the global frozen yogurt market forward. Over the next few years, the market is likely to be driven by the growing popularity of low-fat and low-sugar yogurt among adults, as well as the distribution of these goods through online channels that offer a wide selection of frozen yogurt.
The global frozen yogurt market segmentation:
1) By Product Type: Regular Frozen Yogurt, Flavored Frozen Yogurt.
2) By Function: Lactose-Free, Low Fat, Low-Calorie, Others.
3) By Flavor Type: Chocolate, Peach, Mango, Strawberry, Lemonade, Banana, Pineapple, Others.
4) By Distribution Channel: Supermarkets and Hypermarkets, Online Stores, Convenience Stores, Others.
North America accounted for larger revenue share in global frozen yogurt market with significant CAGR. Increase in health awareness among the population, increase in the consumption of low-calorie food products, and rise in disposable income are anticipated to propel the market in North America region. Europe frozen yogurt market projected to grow at significant rate owing to increase in R&D for the development of newer products with wide variety of flavors, change in lifestyle, and better availability of the products are expected to enhance the market.
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The frozen yogurt market key players are Allurion Technologies (U.S.), Silimed inc. (Brazil), Obalon Therapeutics Inc. (U.S.), Districlass Medical (S.A.) (France), Reshape Medical Inc. (U.S.)
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