Industry Analysis & Industry Trends
The Frozen Yogurt Stores industry has grown at a rapid pace over the five years to 2015. Driven by consumers' increasing health consciousness and the emergence of tart-flavored frozen yogurt, IBISWorld estimates that industry revenue climbed extremely rapidly during the period. In the coming years, health concerns and consumption patterns will continue to drive industry growth through the five years to 2020. However, industry revenue will grow at a slower rate than in the previous five years, as the industry becomes saturated.... purchase to read more
Industry Report - Industry SWOT Analysis Chapter
The Frozen Yogurt Stores industry is in the growth phase of its life cycle, indicated by its large value-added growth. The industry's value added (IVA), which measures its contribution to the US economy, is forecast to grow at an average annual rate of 12.3% over the 10 years to 2020, while GDP is forecast to grow at a slower 2.5% per year during the same period. This characteristic indicates a rapidly growing industry.
While the number of frozen yogurt shops has grown at an average annual rate of 20.5% over the five years to 2015, IBISWorld expects this percentage to slow to 4.2% during the five years to 2020. As the industry becomes saturated with locations, brands and flavors, consolidation will likely occur... purchase to read more