Yogurt Market in North America will Reach US$11.7 billion by 2019


Posted January 22, 2015 by Alinajohn

Transparency Market Research (TMR), U.S.-based intelligence firm, recently published a report titled, “Yogurt Market - North America Scenario, Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2013 - 2019”.

 
This comprehensive market research report states North America yogurt market was valued at US$7.3 billion in 2012, and is expected to reach US$11.7 billion by 2019, growing at a CAGR of 8.2% from 2013 to 2019.

Browse the full Yogurt Market - North America Scenario, Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2013 - 2019 report at http://www.transparencymarketresearch.com/yogurt-market.html

Yogurt is a dairy product made by bacterial fermentation of milk. With growing awareness about its benefits, yogurt is fast becoming an accepting replacement for many unhealthy items in a meal. Today, yogurt has become an important part of the meal in many diets. Some of the noteworthy health benefits of yogurt are supply of good bacteria called probiotics, excellent in treating conditions such as constipation and diarrhea, calcium supplement for the lactose intolerant, boosts immune system, and a healthy snack. Owing to these benefits yogurt market in North America is witnessing an upward trend on the success graph. The other important factor contributing to growth of yogurt market in North America is growing concerns of obesity. Despite such strong key growth factors, yogurt market in North America faces challenges such as pre-conceived notions about dairy products and high manufacturing costs.

The yogurt market in North America has been segmented on the basis of type and geography. On the basis of type, the yogurt market is categorized as set yogurt and frozen yogurt. In terms of geography, the yogurt market in North America includes regions such as Mexico, Canada, and the entire U.S. market.

Analysts predict Mexico to be the next big market for yogurt in North America. The demand in Mexico for yogurt will be supplemented by changing and improving diet options, rising disposable incomes, and ever-growing population base. Yogurt market is expected to find great popularity amongst youngsters as it is being packaged and perceived as healthy snack for dessert. As competition increases amongst key players, it is resulting in product innovation, thus bringing down the cost. Additionally, easily accessible distribution channels such as department stores, hypermarkets, and supermarkets will fuel the frozen yogurt and set yogurt market. Greek yogurt, a type of yogurt, is fast gaining ground in Canada region of the North America.

Some of the key players studied in this report are Groupe Danone S.A., General Meals, U.S., Chobani Inc., Ultima Foods Inc., Parmalat, and Sodiaal S.A. The North America yogurt market research report present some of the best cases to its readers to understand the underlying currents of this market.
Request a Sample of this Report :http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=1043

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Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. We are privileged with highly experienced team of Analysts, Researchers, and Consultants, who use proprietary data sources and various tools and techniques to gather, and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.
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Last Updated January 22, 2015