Frozen Yogurt Market Size, Global Industry Size, Growth, Manufacturers, Segments and Forecast 2029
Frozen Yogurt Market size was valued at US$ 1.75 Bn. in 2022 and the total revenue is expected to grow at 4.10% through 2023 to 2029, reaching nearly US$ 2.33 Bn.
Market Overview:
The report delves into the competitive landscape of the Frozen Yogurt Market, providing detailed insights into key competitors. It presents essential information encompassing corporate overviews, financials, revenue generation, market potential, research and development investments, expansion into new markets, geographical presence, firm strengths and weaknesses, product portfolio breadth, and application dominance. These data points are integral to understanding the market dynamics and strategies employed by businesses operating in the Frozen Yogurt Market.
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Market Scope:
This comprehensive research explores the latest developments in the Frozen Yogurt Market. It covers aspects such as trade restrictions, import-export analysis, production analysis, value chain optimization, market share, the impact of domestic and local market players, and other relevant topics.
Market Dynamics:
The main factors propelling the frozen yoghurt industry are consumers' growing health consciousness, their desire for low-fat, low-sugar treats like frozen yoghurt, and their growing need for a healthier alternative to harmful desserts. The demand for kids to have a cool ice cream substitute and the increasing sales of frozen yoghurt, especially through internet channels, are driving growth in the frozen yoghurt sector. Online retailers often provide a large selection of frozen yoghurt at attractive discounts or with coupons.
Children's preference for cool treats in the summer, the entry of organised companies into the market, and the growing demand for nondairy products made from soymilk and almond milk all have an impact on the frozen yoghurt market. Additionally, a typical customer is a feminine young adult. About 42% of transactions are made by customers who are between the ages of 18 and 35, compared to 7.5 percent by customers who are over 51. Some estimates place the income generated by women in the sector at over 70%. Additionally, the introduction of an increasing variety of frozen yoghurts increases the economic potential for frozen yoghurt market participants between 2022 and 2029.
Segmentation:
The market is segmented into categories:
by Product Type
Full-Fat
Fat-Free
Low-Fat
by Type
Regular Frozen Yogurt
Sugar-Free Frozen Yogurt
by Flavor
Mango
Strawberry
Chocolate
Banana
Pineapple
Others
by Distribution Channel
Supermarkets and Hypermarkets
Grocery Stores and Department Stores
Specialty Stores
Online Stores
Key Players:
The report highlights the key players in the Frozen Yogurt Market, including:
1. Chocolate Shoppe Ice Cream Company
2. Frosty Boy
3. Golden Spoon
4. Handel's Homemade Ice Cream & Yogurt
5. I Can't Believe It's Yogurt!
6. Llaollao
7. Menchie's Frozen Yogurt
8. Orange Leaf Frozen Yogurt
9. Pinkberry
10.Red Mango
11.Sour Sally
12.Sweet Frog
13.TCBY
14.Tutti Frutti Frozen Yogurt
15.Wakaberry
16.Yogen Früz
17.Yogoberry
18.Yogurt Mountain
19.Yogurtland
20.Yumilicious
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Regional Analysis:
The geographical section of the research provides insights into market influencers and regulatory changes affecting current and future market trends. Data points, such as value chain analysis, technology trends, Porter's Five Forces analysis, PESTLE analysis, and case studies, are used to forecast market scenarios for various countries.
COVID-19 Impact Analysis on Frozen Yogurt Market:
The report also addresses the impact of the COVID-19 pandemic on the Frozen Yogurt Market, assessing its effects and adaptations within the industry.
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Key Questions Answered in the Frozen Yogurt Market Report:
- Which segment dominated the Frozen Yogurt Market in 2022?
- What is the competitive landscape of the Frozen Yogurt Market?
- Which region had the largest market share in the Frozen Yogurt Market in 2022?
- What is the projected CAGR of the Frozen Yogurt Market during the forecast period 2029?
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