The Europe yogurt market is anticipated to at a CAGR of 5.2% during the forecast period. European countries are generally known for their established dairy industry and the subsequent products are an essential part of daily consumables, regionally. The huge range of both dairy product types and brands in the European market covers a multitude of consumer tastes and preferences. Therefore, these factors are expected to leverage on the increase the consumption for various dairy products including yogurt in Europe.
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Moreover, the food culture in Europe is turning more and more vegan increasingly. Finding vegetarian and vegan options is becoming easier in Europe, with increasing consumption of plant-based yogurt. The number of vegan populations in Europe is on a significant rise, contributing substantially to the growth of plant-based yogurts in the region. Much of the vegan population in Europe sees veganism as a lifestyle choice, rather than just dietary restrictions. A significant rise in desired wellness caused changes in customer diets, supporting the growth of veganism among the European population, that is ever more concerned for the environment, animal welfare, and in particular, their health. The increase in the number of shops and commercial sales area has also contributed to the growth of the European yogurt market.
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The European yogurt market is segmented based on product type, category, and distribution channel. Based on the product type, the yogurt market is segmented into dairy-based and non-dairy-based. Based on the category, the market is classified into flavored and non-flavored. Based on the distribution channel, the market is segmented into convenience stores, supermarkets/hypermarkets, and online stores. Convenience stores are one of the most preferred sales channels among consumers in developed across Europe. The convenience stores offer both great service and competitive prices to the consumers.
Country-wise, the market is analyzed based on the UK, Germany, France, Italy, Spain, and Rest of Europe. Germany is dominating the market in Europe with a substantial rise in the demand for different yogurt types. While yogurt is estimated to witness a collective growth, numerous sub-areas for growth are anticipated to remain substantial for major players in Germany. Plant-based/non-dairy yogurt has been continuously increasing its consumer base within flavored yogurt, in response to increased health awareness and animal welfare concerns from German consumers.
Market Segmentation
European Yogurt Industry Market by Product Type
• Dairy-based
• Non-dairy-based
European Yogurt Market by Category
• Flavored
• Non-flavored
European Yogurt Market by Distribution Channel
• Convenience Stores
• Supermarkets/Hypermarkets
• Online Stores
Regional Analysis
• UK
• Germany
• France
• Italy
• Spain
• Rest of European
Company Profiles
• Asda Stores, Ltd.
• Benecol, Ltd.
• Carrefour (Majid Al Futtaim Holding)
• Clesa
• Danone S.A.
• Fage International S.A.
• Granarolo S.p.A.
• J Sainsbury plc
• Lactalis Group
• Mercadona S.A.
• Morrisons, Ltd.
• Nestlé S.A.
• Parmalat S.p.A.
• Royal FrieslandCampina N.V.
• Tesco PLC
• Zott SE & Co. KG
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