Indian Flavoured and Frozen Yogurt Market Overview:
According to the latest report by IMARC Group, titled “Flavoured and frozen yogurt Market in India: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, the Indian flavoured and frozen yogurt market size reached 30.1 Million Litres in 2021. Looking forward, the flavoured and frozen yoghurt market in India is expected to reach 75 Million Litres by 2027, exhibiting a growth rate (CAGR) of 16.87% during 2022-2027.
Frozen yogurt, or frogurt, is a dessert that is made up of yogurt, along with other dairy products. It is made from the fermentation of milk using bacteria, such as lactobacillus bulgaricus and streptococcus thermophiles. The main ingredients of frozen yogurt are milk solids, milk fat, sweetener (artificial sweetener such as aspartame is used), and the culture of yogurt. It is similar to ice cream but low in fat due to the usage of milk instead of cream. It also contains vegetable additives, such as guar gum, carrageenan, and animal gelatin to stabilize the yogurt, thus reducing the crystallization of yogurt when it is kept at a low temperature. The introduction of a new variety of flavors and superior services has spurred the product demand across India.
The COVID-19 pandemic has positively impacted the demand for frozen and flavored yogurt. Due to the spread of coronavirus, consumers have become more health conscious, which, in turn, has provided a boost to the consumption of foods that add nutritional value significantly. Frozen yogurt includes fewer calories and more nutrients per serving as compared to the other alternatives in the market. Several market players are undertaking initiatives, such as showcasing the calories-per-serving signage for each flavor, for strengthening the demand for frozen and flavored yogurt across India.
As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviors of the consumers globally–our estimates about the latest market trends and forecast values after considering the impact of this pandemic.
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Indian Flavoured and Frozen Yogurt Market Trends:
The Indian market is primarily driven by the rising health awareness among consumers. In line with this, consumers’ shifting preference for healthy food and diet is positively influencing the market. Furthermore, the growing popularity of low-fat and low-sugar yogurt among the adult population and the consumption of frozen yogurt as a chilled dessert during the summer season are catalyzing the market.
Apart from this, using natural flavors and introducing vegan frozen yogurt in different flavors is expected to create lucrative opportunities for industry expansion.
Moreover, various market players are increasingly focusing on improving their product offerings by including organic components, making them cholesterol-free, and creating vegan frozen yogurts with no added preservatives or additives, thus creating a positive outlook for the market. Additionally, the widespread consumption of almond milk and soymilk and the launch of different variety of products are providing a boost to the growth of the flavored and frozen yogurt market across India.
Indian Flavoured and Frozen Yogurt Market 2022-2027 Analysis and Segmentation:
Competitive Landscape with Key Players:
- Amu
- Mother Dairy
- Nestlé
- Danone
The report has examined the Indian Flavoured And Frozen Yoghurt Market in 15 major states:
- Maharashtra
- Uttar Pradesh
- Andhra Pradesh and Telangana
- Tamil Nadu
- Gujarat
- Rajasthan
- Karnataka
- Madhya Pradesh
- West Bengal
- Bihar
- Delhi
- Kerala
- Punjab
- Orissa
- Haryana
Key Highlights of the Report:
- Market Performance (2016-2021)
- Market Outlook (2022-2027)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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