Asia Pacific Low Fat Yogurt Market

Asia Pacific Low Fat Yogurt Market Size Worth $6.20 Billion by 2021 | CAGR:
11.40%
Asia Pacific Low Fat Yogurt market is anticipated to grow at a 11.40% CAGR from 2016
to 2021 and it is estimated that the Asia Pacific market was valued at USD 3.61 billion in
2016 and is relied upon to achieve USD 6.20 billion by 2021.Low-fat yogurt is one of the
most frequently consumed yogurt product that is low in calories as well as contains
numerous beneficial nutrients as well as probiotics that help in improving the overall health
of the individual. Low-fat yogurt contains around twelve grams of protein in an eight-ounce
product which provides important amino acids necessary for sustaining muscle tissue. Lowfat yogurt is frequently consumed by individuals who are suffering from diseases like high
blood pressure, diabetes or any heart-related problems and people who want to lose
weight. It contains 14 milligrams of cholesterol which is also considered an important part of
the low-fat diet. Low-fat yogurt is cheaper as compared to conventional yogurt. Probiotics
are the live bacteria that are beneficial for the body and are mostly found in low-fat yogurt.
Low-fat yogurt is a rich source of protein as compared to conventional yogurt. Low-fat
yogurt based food products do not have problems related to blood sugar level as compared
to their conventional counter parts.
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An increase in the consumer demand for low-fat yogurt and similar products owing to the
presence of fewer calories is a key driving factor of the low-fat yogurt market. Rising
opportunities in food and beverage industry is also another factor aiding the market growth.
Due to a rise in the number of Low-Fat Yogurt-based food products that provide low-calorie
content is consequently leading to an increase in the production of Low-Fat Yogurt. An
increase in the growth of low-fat yogurt availability in retail stores, online stores, and
supermarkets/hypermarkets are some of the other driving factors of the market.
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The Asia Pacific market for Low Fat Yogurt is segmented into Origin and Type. On the basis
of Origin, it is segmented into Non-Organic and Organic. Non-organic low-fat yogurt is made
of artificial flavors, fruits, sweeteners, thickeners, additives, inactive cultures, and stabilizers.
Yogurt that is prepared from milk, but which does not adhere to the standards of dairy
farming practices set by the various governments globally is also classified as non-organic.
These products have a longer shelf life and are relatively cheaper as compared to organic
items. On the basis of type, it is segmented into Flavored, Fruit, and Plain. Flavored
segment held the largest share in this market segment. Chocolate, vanilla, coffee, and mint
are some of the common flavors added for refining the aroma, taste, and texture of the end
product. Numerous health benefits accompanying the consumption of organic flavored
items are expected to further aid the market growth.
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On the basis of geography, the market is analyzed under various regions namely India,
China, Japan, Australia and South Korea. Asia Pacific is expected to register the highest
CAGR in the coming years with a considerable increase in the consumption of dairy items in
China, Japan, and India. An increase in the disposable income coupled with a rise in the
number of consumers preferring organic products is anticipated to boost the demand in the
region. New Zeeland and Australia are among the major suppliers of processed milk in the
region. The rising export of dairy products from these countries is expected to propel the
industry growth.
Some of the major companies dominating the market are General Mills Inc., Danone Inc.,
Nestle S.A., Rainy Lanes Dairy Foods Ltd., Springfield Creamery, Jalna Dairy Foods,
Gopala, Wallaby Yogurt Company, Byrne Dairy and Tillamook Dairy Co-Op.
Market Segmentation
Origin
Introduction
Non-Organic
Organic
Type
Introduction
Flavored
Fruit
Plain
Scope of the Report:
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Regional and country-level analysis and forecasts of the study market; providing
Insights on the major countries/regions in which this industry is blooming and to
also identify the regions that are still untapped
Segment-level analysis in terms of by Origin and Type along with market size
forecasts and estimations to detect key areas of industry growth in detail
Identification of key drivers, restraints, opportunities and challenges (DROC) in the
market and their impact on shifting market dynamics
Study of the effect of exogenous and endogenous factors that affect the Asia Pacific
Market; which includes broadly demographic, economic and political, among other
macro-environmental factors presented in an extensive PESTLE Analysis
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Study the micro environment factors that determine the overall profitability of an
Industry, using Porter’s five forces analysis for analyzing the level of competition
and business strategy development
A comprehensive list of key market players along with their product portfolio,
current strategic interests, key financial information, legal issues, SWOT analysis and
analyst overview to study and sustain the market environment
Competitive landscape analysis listing out the mergers, acquisitions, collaborations
in the field along with new product launches, comparative financial studies and
recent developments in the market by the major companies
An executive summary, abridging the entire report in such a way that decisionmaking personnel can rapidly become acquainted with background information,
concise analysis and main conclusions
Expertly devised analyst overview along with Investment opportunities to provide
both individuals and organizations a strong financial foothold in the market
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Asia Pacific Low Fat Yogurt market is anticipated to grow at a 11.40% CAGR from 2016 to 2021 and it is estimated that the Asia Pacific market was valued at USD 3.61 billion in 2016 and is relied upon to achieve USD 6.20 billion by 2021.