Global Yogurt Drinks Market by Product Type, Distribution Channels, and Regions — Global Industry Analysis, Growth, Share, Size, Trends and Forecast 2020–2026
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The global yogurt drinks market is expected to reach a considerable value by 2026, expanding at a substantial CAGR during the forecasted period from 2020 to 2026. Yogurt drinks are healthy drinks that are high in nutritional value. These drinks are rich in vitamins, fibers, calcium, and essential mineral and help in maintaining blood glucose. The rapid urbanization and increased demand for healthy and ready to go breakfast due to busy lifestyle have bolstered its growth. Yogurt drinks are milkderived product which has low-calorie content compared to other drinks. Consumption of these drinks increase the metabolism rate that helps in weight loss. Yogurt drinks are packed in three different styles such as tetra packs, plastic bottles, and glass bottles. Request for sample@ https://dataintelo.com/request-sample/?reportId=91500
The consumption of yogurt is increasing because of its ability to meet dietary requirements such as vitamins, calcium, protein, and essential nutrients. Companies are investing in R&D to develop new products and are expanding rapidly to increase their geographical reach to serve customers present in the remotest part of the world. They have adopted strategies such as establishing joint warehouses, developing new flavors, improved product tastes, branding & promotion through various media channels. Increasing purchasing power and awareness among youth in countries such as India, China, Indonesia, South Korea, and Japan have fueled the demand for yogurt drinks. Hectic lifestyle, need for high fiber & protein breakfast, easy availability in super & hypermarkets are some of the factors that are driving the growth for the yogurt drinks market and is expected to continue the same in the forecasted period.
Market Trends, Drivers, Restraints, and Opportunities: ● Increasing consumer’s shift towards healthy breakfast options that are low in fat and calories are some of the factors that have catalyzed the demand for yogurt drinks. Companies are offering different flavors and packaging styles to attract consumers, they are promoting the health benefits of through newspaper aids and social media to increase awareness about the drinks. These factors have fueled the demand for yogurt drinks and is expected to continue the same. ● Innovation in product development by introducing new flavors and latest packaging style such as tetra pack has attracted several customers. ● One of the limitations that is hampering the growth for yogurt drinks is low awareness among people in the underdeveloped and developing countries. ● Probiotics and probiotic supplements are a massive untapped market. Increasing demand for these drinks among athletes and sportsperson is expected to fuel the growth for the market.
Ask for discount@ https://dataintelo.com/ask-for-discount/?reportId=91500 Competitive Landscape: Key players competing in the yogurt drinks market are Benecol Limited, Tropical Smoothie Café, Earth’s best, Bolthouse farms, Stonyfield, Innocent Drinks, Dr. Smoothie, Smoothie King, Naked Juice, Unternehmensgruppe Theo Müller, Dana Dairy Group, Chobani LLC, Yakult Honsha Co. Ltd., Ultima Foods, and Boost Juice Bars Ltd. Major strategies followed by these players are market expansion, branding & promotion, joint ventures, investment in R&D to develop new products and packaging style, mergers & acquisitions, partnerships, diversification of products, increased distribution channels. Smoothie King offers Greek yogurt drinks, which are rich in protein, minerals, and calcium and are prepared using natural ingredients. Enquiry Before Buying@ https://dataintelo.com/enquiry-before-buying/?reportId=91500
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