Probiotic and Prebiotic Yogurt Market 2019 Global Industry Trends, Share, Size, Demand, Growth Opportunities, Industry Revenue, Future and Business Analysis by Forecast – 2023Posted:
Global “Probiotic and Prebiotic Yogurt Market 2019-2023” has been providing up and changing the worldwide economy as far as growth rate, revenue, deal, market proposition, and scope. The Global Probiotic and Prebiotic Yogurt market Consumption market report is an extensive analysis of this corporate field, which has been established to be one of the most profitable business verticals in futures. The Reportspecifies the complete estimate of Global Probiotic and Prebiotic Yogurt market business terms, in addition to presenting a brief segmentation of the industry, the expansion opportunities, as well as Key region.
Top-Listed Playersin Probiotic and Prebiotic Yogurt Market Research Report 2019-2023
- La Yogurt
- Stonyfeild Farms
- Greek Gods
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Overview of Probiotic and Prebiotic Yogurt Market:
The market is expected to grow at a CAGR of 6.5% during the period 2019-2023. The increasing awareness of the health benefits of probiotic and prebiotic yogurt acts as a driver to the growth of this market. Regular consumption of probiotic and prebiotic prevents the growth of harmful bacteria inside the digestive tract, which leads to better nutrient absorption and bowel movement. The probiotic and prebiotic yogurt helps to lower the risk of type-2 diabetes and colorectal cancer. Companies like Nestle, Dannon, Chobani, and Yoplait are the major shareholders of this market.
Health Benefits Associated with Pro and Prebiotic Ingredients
As consumers have moved away from sugar to natural ingredients, probiotic and prebiotic yogurt has established itself as a healthy snack. The health benefits of this yogurt, which helps in lowering the risk of type-2 diabetes and colorectal cancer, are also the key driving factor of this market. However, the rise in the cost of research and development poses a threat to the market. The growing demand for functional foods is expected to provide a boost to the industry’s growth.
Probiotic and prebiotic yogurts can suppress short-term appetite and may be effective in controlling food intake. For example, yogurt was found to have greater satiating effects than iso-caloric fruit-based or dairy fruit beverages, and the effect was enhanced when yogurt was enriched with 6 gm. of inulin, which is a prebiotic.
Yogurt Drinks are the Second Largest Sub-Segment of the Market
The yogurt drinks market is expected to record a CAGR of 7%, over the forecast period. Health benefits and the highly-digestive nature of these drinks over other normal drinks are boosting the yogurt drinks market. The demography of youngsters of the 25-35 age group account for the major consumption of yogurt drinks.
The availability of ready-made pack of functional drinks for on-the-go consumption is one of the recent trends in this market. Probiotic and prebiotic drink products are easily accessible and faster to pick and drink. This convenience factor plays an important role in encouraging favorable consumer purchase decisions.
Asia-Pacific is the Largest Market
Asia-Pacific is the largest market for probiotic and prebiotic yoghurt drinks and is predicted to grow at the fastest rate over the forecast period. China, Japan and India are the largest markets for yogurt drinks, by consumption. The China probiotic and prebiotic yogurt market has generated USD 8.5 billion revenue in 2014.
The increasing disposable incomes, good taste and western lifestyles are the leading factors for the demand for yogurt drinks in the Asian market. Many global companies are discovering these trends, as they are investing in dairy farms for the proper supply of milk. These global companies have more trust in Asia-Pacific, and are launching many innovative products with various flavors.
In North America, the probiotic ingredient demand is projected to record a CAGR of 5.8% during the 2019-2023 period. United States holds the highest share, followed by Canada and Mexico. General Mills, Chobani Inc., Groupe Danone S.A., Parmalat, Social S.A., YoPlait and Ultima Foods Inc. are some major players in the North American market.
Major players: NESTLE, DANNON, CHOBANI, YOPLAIT, FAGE, YAKULT, LA YOGURT, STONYFEILD FARMS, GREEK GODS, PILLARS
June 2017: Yoplait has launched a new product called Oui, a French-style yogurt, based on a recipe that the company uses in France. The product is only made from whole milk and comes in a French-made glass pot.
July 2017: Danone has entered into a binding agreement with Lactalis to sell Stonyfield, one of its U.S. dairy subsidiaries, for $875 million
October 2017: Grupo lala has completed acquisition of Brazilian dairy company Vigor Alimentos, S.A. for an implied value of R$ 5,025 million.
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Key Highlights from Probiotic and Prebiotic Yogurt Market Report 2019.
Revenue and Sales Estimation — Historical Revenue and sales volume is presented and further data is triangulated with top-down and bottom-up approaches to forecast complete market size and to estimate forecast numbers for key regions covered in the report along with classified and well-recognized Types and end-use industry. Additionally, macroeconomic factor and regulatory policies are as curtained in Probiotic and Prebiotic Yogurt industry evolution and predictive analysis.
Manufacturing Analysis —the report is currently analyzed concerning various product type and application. The Probiotic and Prebiotic Yogurt Market provides a chapter highlighting manufacturing process analysis validated via primary information collected through Industry and Key officials of profiled companies.
Competition — Leading players have been analyzed depending on their company profile, product portfolio, capacity, product/service price, sales, and cost/profit.
Demand and Supply and Effectiveness — Probiotic and Prebiotic Yogurt Market report additionally provides distribution, Production, Consumption for the complete industry.
Probiotic and Prebiotic Yogurt MarketTop Regions(regional analysis covers):-
- North America (the USA, Canada, andMexico)
- Europe (Germany, France, UK, Russia, andItaly)
- Asia-Pacific (China, Japan, Korea, India, andSoutheast Asia)
- South America, Middle East, andAfrica
Reasons to Purchase this Report
- Analyzing outlook of the market with the recent trends and Porter’s five forces analysis
- Market dynamics which essentially consider the factors which are impelling the present market scenario along with growth opportunities of the market in the years to come
- Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and non-economic aspects
- Regional and Country level analysis integrating the demand and supply forces that are influencing the growth of the market
- Competitive landscape involving the market share of major players along with the key strategies adopted for development in the past five years
- Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis and strategies employed by the major market players
- 3 months analyst support along with the Market Estimate sheet (in excel).
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Major Points from Table of Contents for Probiotic and Prebiotic Yogurt Market 2019:
Part 1 Industry Overview
1.1 Probiotic and Prebiotic Yogurt Industry
1.1.1 Probiotic and Prebiotic Yogurt Market Development
1.1.2 Terminology Definition in the Report
220.127.116.11 Probiotic and Prebiotic Yogurt Industry Demand
18.104.22.168 Probiotic and Prebiotic Yogurt Market Sales Revenue
22.214.171.124 Ex-factory Price and Sales Price
126.96.36.199 Probiotic and Prebiotic Yogurt Market Gross Margin
1.2 Probiotic and Prebiotic Yogurt Market Products and Services Scope
1.3 Industry Chain
1.4 Industry Dynamics and Regulations
1.5 Global Market Overview
Part 2 Upstream and Production
2.1 Raw Materials / Components
2.2 Procurement Methods and Channels
2.3 Probiotic and Prebiotic Yogurt Market Cost Structure and Manufacturing
2.4 Industry Capacity
2.5 Probiotic and Prebiotic Yogurt Market Production Distribution by Geography
2.5.1 Production in Major Regions / Countries
2.5.2 Trade Flow Overview
Part 3 Product Segment
3.1 Introduction by Type
3.2 Probiotic and Prebiotic Yogurt Market Status
Part 4 Application / End-User Segment
4.1 Introduction by Application
4.1.3 Scientific Research
4.2 Market Status
Part 5 Regional Market
Part 6 Probiotic and Prebiotic Yogurt Market Subdivision
6.1 Regional Production
6.1.1 Production by Type
6.2 Regional Demand
6.2.1 Demand by Type
6.2.2 Demand by Application
6.2.3 Additives Demand by Region
6.2.4 Scientific Research Demand by Region
Part 7 Probiotic and Prebiotic Yogurt Market Forecast
7.1 Global Forecast
7.2 Forecast by Type
7.3 Forecast by Application
7.4 Forecast by Region
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