According to a research report, published by Sheer Analytics and Insights, the total Europe Yogurt Market was valued at EUR 21.2 billion in 2021 and it is expected to reach EUR 29.2 billion by 2032 at a CAGR of 2.9% during the forecast period between 2022 and 2032. . There are a few types of yogurt in the Europe market that are low in fat and calories. For example, organic yogurt, drinking yogurt, Greek yogurt, and frozen yogurts among others. These yogurt products are growing in popularity all over the European market. Presently, consumers have gradually increased their interest in dietary food consumption. Regular intake of yogurt drinks can help in lowering obesity. Therefore, yogurt as healthy food can be added to their regular diet menu. Moreover, this growing demand helps the Europe yogurt market earn most of the annual share constantly. Therefore, dairy industries are trying to expand their business by implementing various new strategies to stay ahead in the yogurt market across the region.
Germany‘s yogurt production is constantly growing for the past few years. In 2021, the country made 23% market share by producing various types of yogurt which made Germany the leading yogurt producer in the Europe market. In the same year, Netherland had a four percent production of yogurt across the region. Even some new launches of yogurt products have further made additional growth in the European market. The growing population of Europe and its new demand has helped industries to produce more dairy-free yogurt.
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The Greek yogurt market in Europe is expected to reach EUR 1.33 billion during the forecast period from 2022 to 2032. Usage of Greek yogurt is increasing in demand among European consumers. Health-conscious people are more prone to use Greek yogurt in their daily breakfast and snacks. However, the negative environmental impact of Greek yogurt in the manufacturing industry, and lower prices of other types of yogurt might challenge the market participant in particular. Demand for organic yogurt products is also growing in the European market across the large number of consumers because these are prepared from natural sources. Key players such as Danone, Inc.; Nestle S.A; Rainy Lanes Dairy Foods Ltd (U.K), among others are producing such low-fat organic yogurt for their consumers. In addition, Europe held the largest yogurt powder market share of 31.5% in 2018. Some key players in the yogurt powder market are adopting marketing strategies such as innovative product launches to fulfill the demand for powder and dehydrated yogurt from the bakery industries. Such innovative product launches are helping increase yogurt market growth across the region.
In present days, there are few flavors available in the yogurt market such as pineapple yogurt, coconut yogurt, strawberry yogurt, and mango-flavored yogurts among others. These new products are accelerating the European market at a fast pace. Drinkable yogurt in the European market is becoming popular among a large group of consumers. Companies are trying to approach differently to have partnerships with dairy farm industries for new developments of dairy and non-dairy yogurt products. Major players such as EChobani LLC, General Mills Inc., Danone SA, Nestlé S.A., Arla Foods amba, ESTI Foods Company, Ireland Group, Tesco Company, Raisio Group Food Company, Si Foods Ltd, Emmi Group, Fage International SA, Unilever Group (U.K), and Muller Company (Germany). These growing industries are rapidly becoming competitive with one another.
Europe Yogurt Market Has Been Segmented Into:
Europe Yogurt market - By Product Type:
Europe Yogurt Market – By Age Group:
Europe Yogurt Market - By Country:
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