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Yogurt Production in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Yogurt Production Market Research Report | Consumer Goods & Services | Food Production | Jul 2016

Olympic strength: The increasing popularity of Greek-style yogurt has fostered industry revenue

The Yogurt Production market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

Report Snapshot
Market Share of Companies
Chobani Chobani market share
General Mills General Mills market share
The Dannon Company The Dannon Company market share
Industry Statistics & Market Size
Revenue
$8bn
Annual Growth 11-16
9.5%
Annual Growth 16-21
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Profit
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Employment
11,756
Businesses
96
Industry Analysis & Industry Trends

Over the past five years, rising disposable income and high health consciousness among consumers have stimulated demand for the Yogurt Production industry. While the production of most dairy products has stagnated or experienced marginal growth during the five-year period, yogurt production has sharply increased. The advent of Greek-style yogurt over the past five years has opened a niche market in an otherwise saturated industry, aiding industry growth. Since 2005, demand for Greek-style yogurt has increased at an astronomical rate. Continued economic recovery, rising disposable incomes and increased per capita consumption of yogurt are expected to support overall industry growth through 2021.... purchase to read more

Industry Report - Industry Key Buyers Chapter

The Yogurt Production industry displays a high level of market share concentration, with the top four companies accounting for over 54.0% of industry revenue in 2016. Strong brand names, such as Dannon, Yoplait and Fage have long since dominated the US industry. Industry newcomer Chobani made waves by launching its Greek-style yogurt, which boasts more protein and less calories than other yogurt varieties. Although Chobani still holds the largest share of that segment, the company has forfeited some ground to Dannon after its introduction of a Greek-style yogurt.

In the five years to 2016, market share concentration has decreased as Chobani has added itself to the top revenue generating companies, consolidating total yogurt sales into four major producers... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Yogurt Production Industry?

Operators in the Yogurt Production industry manufacture yogurt and yogurt drinks. This report excludes production of frozen yogurt.

Industry Products
Set-style yogurtSwiss-style yogurtGreek-style yogurtOther yogurt
 
Industry Activities
Manufacturing yogurt (except frozen) Manufacturing Greek-style yogurt Manufacturing Swiss-style yogurt Manufacturing Set-style yogurt


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