In addition to natural food stores, non-GMO items are now widely available and sold in large supermarkets around the country. Consumers are requesting more organic and non-GMO products, it has been observed.
The global non-GMO yoghurt market is anticipated to expand at a CAGR of 15.5% during the forecasted period, according to data from Future Market Insights. According to projections, the market would be worth US$ 24,436.5 Mn by 2032, up from US$ 5,783.9 Mn in 2022. At the end of 2021, the non-GMO yoghurt market was worth US$5,123 Mn.
In addition to natural food stores, non-GMO items are now widely available and sold in large supermarkets around the country. Consumers are requesting more organic and non-GMO products, it has been observed. Non-GMO yoghurt is produced without the use of harmful persistent pesticides, synthetic hormones, or antibiotics throughout the milk production process.
Since 2013, the use of non-GMO products in foods and beverages has climbed to about 11%, reflecting growing consumer demand. In a survey on GMO and non-GMO food products in the US, the majority of respondents believed that GMO food products are not safe to eat and are also bad for your health.
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Non-GMO Yogurt Market: Segmentation
Non GMO yogurt market is segmented on the basis of types, flavors & distribution channel. On the basis of types: Regular Yogurt, Blended Yogurt, Low fat yogurt, nonfat yogurt, Purely Unsweetened Yogurt, Sour Yogurt, Plain Yogurt, Drinkable yogurt and Heavy Cream Yogurt. On the basis of Flavors: Fruit (mango, Strawberry, Blueberry, Kiwi and Peach), Chocolate and Vanilla. On the basis of distribution Channel: Super Market/ Hyper Market, Food Service Outlets, Convenience Stores, Specialty Stores, Online Stores and others.
Non-GMO Yogurt Market: Region wise Outlook
Depending on geographic regions, global Non-GMO yogurt market is segmented into seven key regions: North America, Latin America, Eastern Europe, Western Europe, Asia Pacific excluding Japan, Japan, and Middle East & Africa.
North America is the prominent market for Non-GMO yogurt due to the key players in this region and the availability of raw materials. Whereas, in Europe it is projected to grow at a substantial growth due to consumer as they are becoming concerned about their health, the global Non-GMO yogurt market value exhibiting a robust CAGR during the forecast period, 2016-2026. In the USA, Chobani is the largest manufacturer of greek yogurt, which covers 50% of the market share. Dannon is also one of the largest manufacturer of Non-GMO yogurt in USA which contain more natural ingredients, it has also partnered with Non-Government Organization (NGO) Green America and the Non-GMO Project, So that they can develop Sources of Non-GMO feed for cows.
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Non-GMO Yogurt Market: Drivers
As the demand of Non-GMO product is rising every day as consumers are becoming more concerned about their health. Consumers are becoming more aware about Non-GMO products and easy availability of raw materials in some regions. Raising awareness about the Non-GMO products all across over the Globe is also one of the major factors anticipated to expand the growth of Non-GMO Yogurt market over the forecast period. In 2018, Dannon will introduce 3 brands of Non-GMO Yogurt i.e. Dannon, Oikos & Danimals, that will be fed by the Non-GMO Feed.
Non-GMO Market: Key Players
Some of the international key players identified operating in Non-GMO yogurt market includes Brown Cow Yogurt, Stonyfield Farm, Maia inspired nutrition, Chobani, General Mills, THE GREEK GODS and others. The company is likely to expand its share over the next coming years as consumers are becoming more aware about Non-GMO products and are more concerned about their health. More companies are expected to enter into manufacturing of Non-GMO products in future.
The report covers exhaustive analysis on:
Regional analysis for Non-GMO includes
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
Non Gmo Yogurt Market
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Report Highlights:
Future Market Insights, Inc. is an ESOMAR-certified business consulting & market research firm, a member of the Greater New York Chamber of Commerce and is headquartered in Delaware, USA.
Jan 27, 2023
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