Yoghurt Drink Market Size Worth $89.76 Billion By 2032 | CAGR: 6.2%

The global Yoghurt Drink market size is expected to reach USD 89.76 billion by 2032, according to a new study by Polaris Market Research. The report “Yoghurt Drink Market Share, Size, Trends, Industry Analysis Report, By Packaging (Tetra Packs, Bottles); By Product; By Distribution Channel; By Region; Segment Forecast, 2024 - 2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.

Yogurt, a globally consumed food product, is crafted through the fermentation of milk. In traditional yogurt drinks, milk sourced from diverse animals such as cows, buffalo, camels, goats, and others is utilized. Conversely, in vegan yogurt, the base for the yogurt drink is soy milk. The fermentation process involves the use of various bacteria to impart the distinctive taste and texture characteristic of yogurt. Subsequently, a variety of yogurt-based drinks is prepared, each with its regional variations, including lassi, mattha, nai lao, smoothie, varenets, borhani, and numerous others.

In response to evolving lifestyles and dietary preferences, people worldwide are increasingly opting for nutrient-rich foods to promote overall well-being, given their high nutritional value. This heightened awareness has led to a surge in consumption, as these foods are recognized for their immune-boosting properties. Consequently, the market is witnessing significant demand for such products.

Furthermore, companies in the industry are contributing to this growth by introducing advanced packaging solutions for yogurt drinks. The incorporation of innovative packaging by these companies is proving attractive to customers, and this trend is currently propelling the expansion of the global Yogurt Drink Market.

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Additionally, the surging demand for quick meals among consumers is anticipated to contribute to the growth of market revenue throughout the forecast period. Yogurt drinks, being a convenient and nutritious on-the-go snack suitable for any time of the day, are expected to experience increased sales, aligning with the growing consumer preference for convenient food options.

Moreover, the introduction of novel flavors and innovative packaging strategies plays a crucial role in driving market revenue growth. Manufacturers, aiming to cater to evolving consumer preferences, frequently launch new variations of yogurt drinks. Additionally, the market is witnessing enhanced portability of yogurt drinks through creative packaging solutions, including resealable bottles and pouches.

Yoghurt Drink Market Report Highlights

• The Tetra Packs segment dominated the revenue share in 2023. With significant changes in consumer lifestyles, a considerable segment of the global consumer base is opting for on-the-go products that offer convenience in both consumption and waste disposal. This shift is expected to contribute to the segment's growth during the forecast period
• The Conventional segment secured the highest market share throughout the forecast period and is expected to maintain its dominant position. The prevalence of obesity is a key factor propelling the growth of this segment, as conventional drinks within this category are acknowledged for their enrichment with calcium and phosphorus, thereby promoting improved bone health.
• In 2022, Asia Pacific emerged as the largest market, driven by heightened consumer awareness regarding the adoption of a healthy dietary lifestyle. The increased inclination of consumers to invest in healthy snacks and beverages has provided manufacturers with the opportunity to introduce innovative and diverse beverage options in the region. Continuous innovations by key manufacturers within this product segment are expected to further propel its sustained growth.
• The global key market players include Abbott Laboratories, B. Braun Melsungen AG, Biosensors International Group (acquired by Blue Sail Medical Co., Ltd), Biotronik SE & Co.KG, Boston Scientific Corporation, C. R. Bard, Inc., Cook Medicals, Lepu Medicals, Liaoning Biomedical Materials, Medtronic Plc, Meril Life Sciences, MicroPort Scientific Corporation, Shandong JW Medical Systems, Stentys SA, Terumo Corporation, Translumina GmbH, Vascular Concepts.

Polaris Market Research has segmented the Yoghurt Drink market report based on packaging, product, distribution channel, and region:

Yoghurt Drink, Packaging Outlook (Revenue - USD Billion, 2019 - 2032)

• Tetra Packs
• Bottles

Yoghurt Drink, Product Outlook (Revenue - USD Billion, 2019 - 2032)

• Conventional
• Vegan

Yoghurt Drink, Distribution Channel Outlook (Revenue - USD Billion, 2019 - 2032)

• Online
• Hypermarkets & Supermarkets
• Convenience Stores
• Others

Yoghurt Drink, Regional Outlook (Revenue - USD Billion, 2019 - 2032)

• North America

• U.S.
• Canada

• Europe

• Germany
• UK
• France
• Italy
• Spain
• Russia
• Netherlands

• Asia Pacific

• China
• India
• Japan
• South Korea
• Indonesia
• Malaysia

• Latin America

• Argentina
• Brazil
• Mexico

• Middle East & Africa

• UAE
• Saudi Arabia
• Israel
• South Africa

Yoghurt Drink Market Report Scope