Yogurts Market is expected to reach valuation of US$14.59 bn by 2024

Rising awareness about the benefits of yogurt over curd is propelling the demand for yogurt among consumers Yogurt has lower sugar and fat content, making it preferable for health conscious customers. Besides, manufacturers are boosting the nutrition value by adding minerals, vitamins, and fiber in the product. For example, Arla foods, a food manufacturing company, has recently introduced fiber-rich yogurt. The yogurt has high protein content, adequate amount of calcium, and low fat content. As a result, people have started using yogurt in various food products such as baked goods and beverages.

High nutritional value offered by yogurt aids to improve immunity, strengthens teeth and bones, lowers bad cholesterol and high blood pressure, mitigates the risk of type 2 diabetes, and prevents digestive concerns.

Registering the aforementioned factors into account, the yogurt market is anticipated to progress at a moderate CAGR of 3.0% in the forecast period from 2016 to 2024. As per the report published by Transparency Market Research, the yogurt market is anticipated to reach a value of US$14.59 bn by the end of 2024.

Request PDF brochure

https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=1043

Mobility Convenience Decided by Packaging Format

Apart from nutritional value of yogurt, the yogurt market is also driven by novel packaging solutions. Innovative and convenient packaging solutions present lucrative growth opportunities for manufacturers of the yogurts. In line with this, yogurts are available in pouch, cups, jars, and tubs. In recent years, cups packaging was alone contributing to 70% of the market as it facilitates easy consumption of the content. In addition, attractive designs easily grabs the attention of consumers. Moreover, low cost packaging benefits manufacturers too. Owing to such factors, the cup segment is projected to dominate in the global yogurt market.

More Trending Reports

https://www.prnewswire.com/news-releases/advancements-in-renewable-energy-technologies-to-ignite-extensive-growth-across-floating-solar-panels-market-between-2019-and-2027-tmr-301237274.html

Awareness of Probiotic Yogurt Drives Yogurt Market in Asia Pacific

Probiotic yogurt helps in improving metabolism, strengthening the immune system and enhancing the digestion process. In Asia Pacific, rising awareness about the benefits of yogurts is driving the yogurt market. It is also being consumed as dessert. Owing to the health benefits of yogurt, the product now witnesses high volume demand in countries like India, Japan, and China. Considering the increasing demand, the yogurt market is anticipated to expand in Asia Pacific in the coming years.

Buy Now

https://www.transparencymarketresearch.com/checkout.php?rep_id=1043&ltype=S

With the presence of several regional and international players in the yogurt market, the competition is quite intense. To sustain the foothold in the global yogurt market, the key players are offering exotic flavors of yogurt. And at the same time, they are also considering the packaging and labeling need of the customers. Some of the key players in the yogurt market are- China Mengniu Dairy Company Limited, Danone S.A., Nestlé S.A., and General Mills

Request Discount

https://www.transparencymarketresearch.com/sample/sample.php?flag=D&rep_id=1043

Tunnel Boring Machine Market: Applications, Revenue, Growth and Trends

Tunnel boring machines are gigantic special-purpose machines, particularly used in building tunnels for roads, railways, and pipelines. These machines are long with circular cross-sections and help in boring round holes through any rock. Tunnel boring machines are intricate assemblies of several systems working in conjunction with each other. Diameter of tunnel boring machines ranges from 1 meter to 20 meters. These machines can cut clean through rocks, sometimes along with creating concrete shields around the bored tunnels. The tunnel boring machine market is largely driven by the increase in spending on road and railway infrastructure. Countries such as China, Japan, Italy, South Korea, Norway, and Germany have vast tunnel networks. The key reason is to connect major cities within the country, sometimes even international, with minimum commute time. This largely optimizes the transportation costs and connects cities to boost commerce. The other method for building tunnels is...

GLOBAL WOOD COATINGS MARKET TO TOUCH VALUATION OF US$17.595 BN BY 2025 END

The global wood coatings market features a highly competitive landscape owing to the presence of a plethora of companies competing against one another, notes Transparency Market Research (TMR). Top players in the wood coatings market increasingly resort to forward integration strategies to gain substantial competitive benefits, which may help them to retain their stronghold over the assessment period. Several players are also focusing on product differentiations to attract more consumers and consolidate their positions in various regions. This is especially the trend among small- and medium-scale manufacturers who find this a key strategy to gain a foothold in the wood coatings market. TMR finds that the wood coatings market is also fairly consolidated as the top four players held a combined share of nearly 60.0% in 2016. These companies are RPM International Inc., Akzo Novel N.V., PPG Industries Inc., and The Sherwin Williams Company. Of these, The Sherwin Willia...

ANTHOCYANIN CONSUMPTION LEVELS TO TAKE OFF IN DEVELOPING REGIONAL MARKET

TMR projects the global anthocyanin market to reach US$ 735.9 Mn by 2026. Over this period of 2018-2026, the anthocyanin market is forecast to report a CAGR of 4.6%. Among the key end use segments, the food and beverages industry is likely to lead the market in 2018. The trend is likely to remain unchanged throughout the course of the forecast period. Regionally, the North America anthocyanin market held the leading share in the global market in 2018. The global anthocyanin market exhibits the presence of several large companies. Besides this, domestic players enjoy a stronghold in regional pockets, which has rendered the market highly competitive. According to a new study by Transparency Market Research (TMR), Archer Daniels Midlands Co., Sensient Technologies Corp, Symrise A.G., and CHR Hansen A/S held nearly 50% of the global anthocyanin market in 2018, thereby registering their dominance. To sustain growth amidst the prevailing competition, the leading players...

Transparency Market Research

Search This Blog