Global Low-Fat Yogurt Market to Reach USD 51.4 Billion by 2033, Stimulated by Increasing Consumer Preference for Healthy Snacking

November 13, 2024 | Food & Beverages

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According to the latest report by IMARC Group, titled “Low-Fat Yogurt Market Report by Type (Flavored, Unflavored), Nature (Organic, Conventional), Distribution Channel (Supermarkets and Hypermarkets, Convenience Stores, Specialty Stores, Online Stores, and Others), and Region 2025-2033,” the global low-fat yogurt market size reached USD 24.3 Billion in 2024. Low-fat yogurt is a dairy product that undergoes a process to reduce the fat content while retaining the creamy texture and tangy flavor characteristic of traditional yogurt. It is a rich source of essential nutrients, such as calcium, protein, vitamins, and minerals. It is a suitable choice for individuals seeking to manage their calorie intake and maintain a balanced diet without sacrificing taste or nutritional value. It assists in promoting bone health and supporting the overall wellness of individuals. As it is widely utilized by individuals with cardiovascular concerns or lactose intolerance, the demand for low-fat yogurt is increasing across the globe.

Global Low-Fat Yogurt Market Trends:

At present, the rising demand for flavored low-fat yogurt that provides enhanced taste represents one of the major factors contributing to the growth of the market. Additionally, the increasing consumer preference for health snacking is strengthening the growth of the market. Apart from this, the growing demand for low-fat yogurt due to the rising number of health-conscious consumers is positively influencing the market. Moreover, the increasing consumption of low-fat yogurt, as it assists in improving digestion among individuals, is bolstering the growth of the market. Besides this, the wide availability of low-fat yogurt through online and offline distribution channels across the globe is supporting the growth of the market. Looking forward, the market value is projected to reach USD 51.4 Billion by 2033, expanding at a CAGR of 8.7% during 2025-2033.

Market Summary:

Based on the type, the flavored (cherry, strawberry, mango, and others) exhibits a clear dominance in the market, followed by unflavored.
On the basis of the nature, the market has been bifurcated into organic and conventional.
Based on the distribution channel, the market has been segregated into supermarkets and hypermarkets, convenience stores, specialty stores, online stores, and others. At present, supermarkets and hypermarkets represent the biggest market share.
Region-wise, the market has been segmented into North America (United States and Canada); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. Amongst these, North America enjoys the leading position in the market.
The competitive landscape of the market has also been examined, with some of the key players being Chobani LLC, CP-Meiji Company Ltd., Danone S.A., Fage International S.A., General Mills Inc., Juhayna Food Industries, Lausanne Dairies, Muller UK & Ireland Group, Nestlé S.A., Parmalat S.p.A. (Lactalis American Group Inc), and Tillamook.

Report Coverage:

Report Features	Details
Base Year of the Analysis	2024
Historical Period	2019-2024
Forecast Period	2025-2033
Units	Billion USD
Scope of the Report	Exploration of Historical and Forecast Trends, Industry Catalysts and Challenges, Segment-Wise Historical and Predictive Market Assessment: Type Nature Distribution Channel Region
Types Covered	Flavored: (Cherry, Strawberry, Mango, Others) Unflavored
Natures Covered	Organic, Conventional
Distribution Channels Covered	Supermarkets and Hypermarkets, Convenience Stores, Specialty Stores, Online Stores, Others
Regions Covered	Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered	United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered	Chobani LLC, CP-Meiji Company Ltd., Danone S.A., Fage International S.A., General Mills Inc., Juhayna Food Industries, Lausanne Dairies, Muller UK & Ireland Group, Nestlé S.A., Parmalat S.p.A. (Lactalis American Group Inc) and Tillamook
Customization Scope	10% Free Customization
Post-Sale Analyst Support	10-12 Weeks
Delivery Format	PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

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Global Low-Fat Yogurt Market to Reach USD 51.4 Billion by 2033, Stimulated by Increasing Consumer Preference for Healthy Snacking

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