Based on the findings of a recent research report published by Grand View Research, Inc.; the global low-fat yogurt market is predicted to reach at USD 28.2 billion by 2025 expanding at a growth rate of 10.4 % over the forecast years i.e., from 2017 to 2025. Low-fat yogurt is a dairy product that is produced by fermentation of low-fat milk. Low-fat yogurt contains healthy nutrients (calcium, B vitamins, zinc, etc.) and proteins that offer number of health benefits such as improved digestive and immune systems, moisturized skin, protection against osteoporosis, and improved heart health. Flavored, plain, and fruit yogurt are the three major types of it.
A lot of international dairy product manufacturers are focusing on introducing newer products to the global market in order to fulfill the changing needs and demands of consumers. For instance, Chobani LLC recently introduced a new type of yogurt called Chobani Smooth. According to the CEO of the company, at present, Chobani Smooth is the superior product available on the market. The new Chobani Smooth is a flavored, low-fat yogurt that comes in five flavors. Some of the product flavors are peach, blueberry, and vanilla. The company stated that their new product contains almost 25 % lesser sugar and twice the amount of proteins than any other product available on the market.
Rising awareness levels regarding the health benefits of consuming low-fat yogurt is considered the key factor driving the global low-fat yogurt market growth. In addition, growing production of a variety of low-fat dairy products is also predicted to propel the global market demand during the next few years. Moreover, various technological developments along with rising process automation are also expected to have a huge and positive impact on the global market growth over the coming years.
Tillamook Dairy Co Op.; Wallaby Yogurt Company, Inc.; Jalna Dairy Foods Pty. Ltd.; General Mills, Inc.; and Rainy Lanes Dairy Foods Ltd. are some of the pioneers the worldwide low-fat yogurt market. Most of these players are heavily investing in the research and development activities to come up with new products to maintain their market position.
In-Depth Research Report On Low-fat Yogurt Market:
https://www.grandviewresearch.com/industry-analysis/low-fat-yogurt-market
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