Yogurt Prices

Yogurt Prices 2023

The average price of yogurt in the USA for 2023 reached 2991 USD/MT.

The average price trend for yogurt in Germany amounted to 1789 USD/MT in 2023.  

In Italy, the average yogurt prices were 3975 USD/MT for 2023.     

Yogurt Price Trend, Market Analysis, and News

IMARC’s newly published report, titled “Yogurt Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data,” offers an in-depth analysis of yogurt pricing, covering an analysis of global and regional market trends and the critical factors driving these price movements.  

It encompasses an in-depth review of spot price of yogurt at major ports, a breakdown of prices including Ex Works, FOB, and CIF, alongside a region-wise dissection of yogurt price trend across North America, Europe, Asia Pacific, Latin America, the Middle East and Africa.

The report examines the elements influencing yogurt price fluctuations, such as changes in raw material costs, supply-demand dynamics, geopolitical factors, and industry-specific developments. Additionally, it integrates the latest market news, providing stakeholders with up-to-date information on market shifts, regulatory changes, and technological advancements, thereby offering a comprehensive overview that aids in strategic decision-making and forecasting.

Yogurt Market Analysis

The global yogurt market size reached US$ 120.7 Billion in 2023. By 2032, IMARC Group expects the market to reach US$ 199.7 Billion, at a projected CAGR of 5.8% during 2023-2032.

• The yogurt demand is propelled by its superior health benefits to the body such as probiotics and high protein content. The rising awareness among individuals about the importance of consuming healthy products is supporting the market growth. People are consuming yogurt owing to its digestive benefits as it can be effective in constipation, inflammatory bowel disease, and infections caused by Helicobacter pylori bacteria.
• Yogurt is becoming increasingly popular among people with busy lifestyles and hectic working schedules. People are preferring food products that are convenient and can be consumed on-the-go without any hassle. They are consuming ready-to-eat (RTE) products that eliminate their cooking time.     
• The yogurt market share is further reinforced by continuous development of new flavors, textures, and formulations including low-fat, sugar-free, and fortified yogurts. Key players are introducing unique and gourmet flavors like matcha, lavender, and spiced chai to attract a wider consumer base. Companies are utilizing natural sweeteners like stevia or monk fruit to appeal to those wanting to reduce their sugar consumption. They are also producing yogurt made from almond, soy, coconut, oats, or cashew milk and have natural ingredients for catering to vegans and lactose-intolerant consumers. For instance, on 13 December 2023, Chobani launched its major product to expand its signature offering beyond the core breakfast category. Chobani Creations dessert-inspired Greek yogurt comes in six flavors such as Mocha Tiramisu, Apple Pie a la Mode, Cherry Cheesecake, Orange Cream Pop, Bananas Foster, and Caramel Sundae.      
• Yogurt production is showing an upward trajectory as a result of its growing consumption among individuals suffering from type 2 diabetes mellitus. The rising demand for yogurt, as it is beneficial in regulating blood sugar levels, is bolstering the market growth.
• The market share is also expanding due to yogurt's wide availability via numerous distribution channels such as supermarkets, hypermarkets, convenience, and online stores across the globe. These channels are making yogurt easily accessible to a broader consumer base.  

Yogurt News

The report covers the latest developments, updates, and trends impacting the global yogurt market, providing stakeholders with timely and relevant information. This segment covers a wide array of news items, including the inauguration of new production facilities, advancements in yogurt production technologies, strategic market expansions by key industry players, and significant mergers and acquisitions that impact the yogurt price trend.

Latest developments in the yogurt industry:

• In 4 April 2024, Danone North America launched Remix, a new line of yogurt and dairy snacks. The Remix portfolio will spread across three Danone brands, featuring a yogurt or dairy base with mix-in toppings.

Product Description

Yogurt is a dairy product obtained by fermentation of milk-specific microorganisms. It is widely available as low fat or non-fat, Kefir, Skyr, frozen, and Greek. It has a low lactose content, which makes it suitable for a person with a lactose intolerance. It is a rich source of protein, calcium, vitamins, and probiotics, which can enhance the gut microbiota of consumers. It is beneficial in offering protection for bones and teeth among individuals. It can be incorporated into various diets and recipes to enhance their flavor. It regulates the digestive system by decreasing gas, diarrhea, constipation, and bloating issues.     

Apart from this, yogurt aids in reducing inflammation, which is linked to several health conditions, ranging from viral infections to gut disorders. It helps prevent yeast infections, particularly in women.   

Regional Coverage

The report provides a detailed analysis of the yogurt market across different regions, each with unique pricing dynamics influenced by localized market conditions, supply chain intricacies, and geopolitical factors. This includes price trends, price forecast and supply and demand trends for each region, along with spot prices by major ports. The report also provides coverage of ex-works, FOB, and CIF prices, as well as the key factors influencing the yogurt price trend. 

Global Yogurt Price

The report offers a holistic view of the global yogurt pricing trends in the form of yogurt price charts, reflecting the worldwide interplay of supply-demand balances, international trade policies, and overarching economic factors that shape the market on a macro level. This comprehensive analysis not only highlights current price of yogurt but also provides insights into historical price trends, enabling stakeholders to understand past fluctuations and their underlying causes.

The report also delves into price forecast models, projecting future price movements based on a variety of indicators such as expected changes in supply chain dynamics, anticipated policy shifts, and emerging market trends. By examining these factors, the report equips industry participants with the necessary tools to make informed strategic decisions, manage risks, and capitalize on market opportunities. Furthermore, it includes a detailed yogurt demand analysis, breaking down regional variations and identifying key drivers specific to each geographic market, thus offering a nuanced understanding of the global pricing landscape.

Europe Yogurt Price

European yogurt prices are examined, highlighting the market-specific influences in the region, such as stringent environmental regulations, the competitive landscape, and import-export imbalances that significantly affect pricing structures.

This analysis can be extended to include detailed yogurt price information for a comprehensive list of countries.

North America Yogurt Price

The analysis of yogurt prices in North America delves into the regional industry dynamics, encompassing the impact of local production capacities and the trade flows between North America and other significant global markets.

Specific yogurt historical data within the United States and Canada can also be provided.

Middle East and Africa Yogurt Price

The report explores the yogurt pricing trends in the Middle East and Africa, considering factors like regional industrial growth, the availability of natural resources, and geopolitical tensions that uniquely influence market prices.

In addition to region-wise data, information on yogurt prices for countries can also be provided.

Asia Pacific Yogurt Price

The yogurt pricing trends in Asia Pacific are examined, reflecting the role of the region as a major global production hub and consumer market, with price dynamics heavily influenced by supply chain efficiencies, regional demand surges, and policy shifts in major economies.

This yogurt price analysis can be expanded to include a comprehensive list of countries within the region.

Latin America Yogurt Price

The analysis of yogurt prices in Latin America provides a detailed overview, reflecting the unique market dynamics in the region influenced by economic policies, industrial growth, and trade frameworks.

This comprehensive review can be extended to include specific countries within the region.

Report Coverage

Key Benefits for Stakeholders:

• IMARC’s report presents a detailed analysis of yogurt pricing, covering global and regional trends, spot prices at key ports, and a breakdown of Ex Works, FOB, and CIF prices.
• The study examines factors affecting yogurt price trend, including raw material costs, supply-demand shifts, geopolitical impacts, and industry developments, offering insights for informed decision-making.
• The competitive landscape review equips stakeholders with crucial insights into the latest market news, regulatory changes, and technological advancements, ensuring a well-rounded, strategic overview for forecasting and planning.
• IMARC offers various subscription options, including monthly, quarterly, and biannual updates, allowing clients to stay informed with the latest market trends, ongoing developments, and comprehensive market insights. The yogurt price charts ensure our clients remain at the forefront of the industry.