Frozen yogurt is obtained from dairy and non-dairy products. It is a cold serve widely used in the form of desserts. It is made from the fermentation of milk and widely used as a dessert for ease of digestion. The availability of natural flavours boosts the frozen yogurt market demand globally.
Covid-19 Scenario Analysis:
There is a high demand for nutritional food amidst the crisis,which boosts the requirement of frozen yogurt.
However,the impaired supply chain is not feasible enough to be used in the current scenario.
Many businesses are running through collaborations,hence facilitating the business to a large extent.
Focusing on expanding the online distribution channels can help to increase the sales post COVID-19.
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Top Impacting Factors:Market Scenario Analysis, Trends, Drivers andImpact Analysis
An increased shift of preference toward the vegan industry fuels the growth of the frozen yogurt market.The customization of food also propels its growth with an added advantage of ease of availability.The huge application of frozen yogurt is in the preparation of desserts like ice-cream, shakes, and confectionary,whichalso drives the growth of the market.
Rise in health consciousness coupled with high demand for healthy and nutritional food boosts the growth of the market.The introduction of natural flavors with an added advantage of taste, in the product portfolio is generating huge revenue.
Frozen yogurt does not contain cream and saturated fats as compared to ice-cream,hence it has gained traction. It does not contain calorie, other artificial ingredients and preservatives and contains only the essential bacteria needed for the fermentation of milk.It offers health benefits without added sugar.The price reasonability,standardisation of product,improvement in quality,investment in technology and innovation,continuous research & development and consumer’s preference for healthy food is helping the key market leaders to extend their global footprint.
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Key Benefits of the Report:
This study presents the analytical depiction of the frozen yogurt market along with the current trends and future estimations to determine the imminent investment pockets.
The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the frozen yogurt market share.
The current market is quantitatively analyzed from 2020 to 2027 to highlight the frozen yogurt market growth scenario.
Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
The report provides a detailed frozen yogurt market analysis based on competitive intensity and how the competition will take shape in the coming years.
Questions Answered in the Frozen Yogurt Market Research Report:
What are the leading market players active in the frozen yogurtmarket?
What current trends will influence the market in the next few years?
What are the driving factors, restraints, and opportunities in the market?
What future projections would help in taking further strategic steps?
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Key Players: TCBY (US), Nestlé SA (Vevey, Switzerland), Menchie’s (US), Kahala Franchising, L.L.C.(US), General Mills, Inc. (US), Gujarat Co-operative Milk Marketing Federation Ltd (India), Yogurtland Franchising, Inc. (US), Red Mango, LLC. (US), 16 Handles (US), Danone (France), Unilever (UK), Frosty Boy (Australia), Wells Enterprises (US), Twisted Frozen Yoghurt (Australia), and Chobani, LLC (US)
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