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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

IBISWorld’s Yogurt Production market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

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 Products Chapter

IBISWorld has segmented the industry according to the three main styles of yogurt production: set-style yogurt, Swiss-style yogurt and Greek-style yogurt.

Greek-style yogurt

Greek-style yogurt technically entered the United States in 1998 via industry player Fage Dairy Inc., however it was not until 2005, with Chobani entering the yogurt business, that Greek-style yogurt began to gain prominence. Since 2005, Greek-style yogurt has quickly eaten up market share, ascending at an astronomical rate. Indeed, according to data from Packaged Facts, a market research firm focused in the food and beverage sector, Greek yogurt has grown from only 1.0% of retail sales to account for over 35.0% of total yogurt sales in 2015... 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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