Research Reports
Probiotic Yogurt Market to grow at 6.3% CAGR through 2031.
Published by maria gbaf
Posted on January 28, 2022
4 min readLast updated: January 28, 2026
Global Banking & Finance Review®
Company
Published by maria gbaf
Posted on January 28, 2022
4 min readLast updated: January 28, 2026
The probiotic yogurt market is set to grow at a 6.3% CAGR through 2031, driven by health trends and veganism. Key markets include the US and China.
Future Market Insights: FMI states in its recent study on the probiotic yogurt market that the market will record a CAGR of 6.3% through 2021. Demand for probiotic yogurt is anticipated to continue surging particularly due to the rising health consciousness among people of all age groups.
In its new study, ESOMAR-certified market research and consulting firm Future Market Insights (FMI) offers insights about key factors driving demand for taurine. The report tracks the global sales of taurine in 20+ high-growth markets, along with analyzing the impact COVID-19 has had on the food and beverage industry in general, and taurine in particular.
“Adapting to the progressing wave of veganism, the global market will witness increased probiotic yogurt made from plant-based sources or dairy alternatives. Dynamic preferences of vegan and the flexitarian population are remarkably influencing the probiotic yogurt market. .” says the FMI analyst.
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Probiotic yogurt Market – Important Highlights
Probiotic yogurt Market – Drivers
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Probiotic yogurt Market – Restraints
COVID-19 Impact on Probiotic yogurt Market
During the onset of COVID, the market was driven by the stockpiling of groceries which was followed by a lockdown. As health and hygiene were on the top priority list of customers, there was a rapid increase in sales in probiotic yogurt due to its excellent source of essential nutrients such as potassium, calcium, zinc, magnesium, vitamin B12, and vitamin B2. During the onset of lockdown, there was an increase In demand generated from the eCommerce stores.
Competitive Landscape
The probiotic yogurt market players are leaning towards the expansion of the production facilities and increasing their types of products besides opting for strategic collaborations to attain a competitive edge. For this, they are introducing probiotic yogurt infused with different flavours and exotic fruits. Some of the leading companies operating in the market are Danone S.A., General Mills, Inc., Nestlé S.A. among others.
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Key Segments
Product Type
Source
Nature
Flavor
Fat Content
Sales Channel
Related Reports :
Plant-based Cheese Market – The sales of Plant Based Cheese Market is estimated to be valued at US$ 1,530.2 Mn in 2022. As per Future Market Insights (FMI), the overall market value is expected to reach US$ 3,416.6 Mn by 2032, rising at a CAGR of 8.4% for 2022-32.
Dairy Alternatives Market – The sales of dairy alternatives are estimated to be valued at US$ 31,369.4 Mn in 2022. As per Future Market Insights (FMI), the overall market value is expected to reach US$ 123,634.7 Mn by 2032, rising at a CAGR of 14.7% for 2022-32.
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The main topic is the growth of the probiotic yogurt market, projected to expand at a 6.3% CAGR through 2031.
Rising health consciousness and the popularity of vegan and plant-based products are key drivers.
The US and China are significant due to established consumer bases and rising health concerns.
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