CLEVELAND, December 8, 2021 / PRNewswire / – US refrigerated yogurt retail sales are forecast to see minimal annual growth in nominal terms through 2025, based on Yogurt: USA, a report recently published by Freedonia Focus Reports. In terms of volume, refrigerated yogurt retail sales are forecast to fall 1.2% annually over the forecast period. However, retail value sales will benefit from rising prices as consumers increasingly prefer specialty yogurts, as well as those made for more specific dietary needs. Drinkable yogurts will see value gains of 1.7% per year. Growth in average price will contribute to advances in value: Consumables represent a higher value product, and scoop suppliers are increasingly using smaller servings without a commensurate reduction in price per volume. Retail sales will also benefit from consumer demand for snacks with more natural ingredients and higher amounts of protein. Retailers will continue to benefit from rising prices for organic varieties. However, the intense price competition underway among suppliers of non-organic yogurt, including Greek yogurt, will hold back faster advances overall.
U.S. shipments of non-frozen yogurt are forecast to grow less than 1.0% annually between 2020 and 2025. That sluggish performance will be the result of the maturity of the Greek yogurt trend and increasing competition from substitute products made from almonds. , cashews, coconut, or pea. However, the introduction of new products will continue to attract consumption and avoid additional losses, regardless of whether such introductions form a lasting market presence or constitute limited production that attracts new customers or maintains interest among existing customers. Shifting industry and consumer trends toward specialty and more diet-oriented yogurts will also support shipments.
These and other key ideas are presented in Yogurt: USA. This report forecasts US retail yogurt sales for 2021 and 2025 in nominal US dollars and pounds. Total retail sales are segmented by product in terms of:
Total non-frozen yogurt shipments in nominal US dollars at the manufacturer level are also forecast through 2025.
To illustrate historical trends, total retail sales, total shipments, and various segments are provided in annual series from 2010 to 2020.
Non-perishable frozen yogurt products are excluded from shipping and retail sales figures. Shipments include products for sale to retail stores, as well as to all other markets, such as food processors and restaurants.
This report includes the results of a proprietary national online consumer survey of American adults (18 years of age and older). This Freedonia Focus National Reporting Survey has a sample size of approximately 2,000, examined for quality of response and representative of the US population on demographic measures of age, gender, geographic region, race / ethnicity. , household income and the presence / absence of children in the household.
More information about the report is available at:
https://www.freedoniafocusreports.com/Yogurt-United-States-FF10052/?progid=91541
About Freedonia Focus Reports
Each month, The Freedonia Group, a division of MarketResearch.com, publishes more than 20 new or updated Freedonia Focus reports, providing new, unbiased analysis on a wide variety of markets and industries. Published on 20-30 pages, the Focus Report’s coverage ranges from raw materials to finished manufactured goods and related services such as transportation and construction. Additional consumer goods reports can be purchased from Freedonia Focus Reports or MarketResearch.com.
The analysis aims to guide the busy reader through pertinent topics in quick succession, including:
- historical total market size and industry output
- segmentation by products and markets
- Identification of market drivers, constraints, and key indicators.
- Segment-by-segment outlook in the five-year forecast
- a survey of the supply base
- Suggested Resources for Further Study
Press contact:
Corinne gangloff
+1 440.842.2400
[email protected]
SOURCE The Freedonia Group
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