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Probiotic Yogurt Market: Plant-based Yogurt in High Demand as F&B Industry Witnesses an Upsurge in Sales

Press release Description

Albany, New York, August 28, 2019: When analyzing nutrient density of foods and its application to yogurt, the dairy product has been cost-effective and has played instrumental role in reducing health care expenses. As such, probiotic yogurt market is currently going through a period of bullish growth with a projected growth rate pegged at ~6% through 2029 and sales of ~US$20 bln in 2018. Soaring population and changing diets have propelled demand for dairy.

These insights are according to the intelligence report, titled, “Probiotic Yogurt Market: Global Industry Analysis (2014-2028) and Opportunity Assessment (2019-2029),” which has been freshly added to Market Research Reports Search Engine’s (MRRSE) over-arching repository.

Even though there are prevailing challenges in the probiotic yogurt sector, positive long-term consumer trends and sophisticated technologies offer plethora of opportunities. While datafication and emerging technologies are offering farmers with the capability to receive information to sustainably measure and monitor farm operations, a battery of trends such as food consumption outside of the home, emergence of a healthy snacking culture and online and mobile shopping have provided impetus to probiotic yogurt market.

Notwithstanding influence of animal-based probiotic yogurt, rise in vegan population has led to the development of plant-based probiotic yogurt. As such, plant-based probiotic yogurt will witness a robust demand with its notable bearing on the sales of F&B industry.

North America and Europe are anticipated to bolster growth in probiotic yogurt market as these regions witness mounting pressure from stakeholders to come up with sustainability strategies.

Probiotic Yogurt Market: Report Content

Quantitative and qualitative assessment exhort intelligence and overarching report on the probiotic yogurt market. Further, the report thoroughly delineates various aspects of the market that will potentially have considerable influence on the development of the probiotic yogurt market. As such, those aspects incorporate drivers, trends, restraints, and opportunities. Furthermore, the report elucidates segregation of the market that provides an exhaustive analysis on probiotic yogurt.

An insightful and deep-dive assessment of the competitive assessment of the probiotic yogurt market pins hope on Porters’ Five Force Analysis. Accordingly, the Porters’ Five Force Analysis offers a pressing analysis on the potential strategies of the preeminent players in the probiotic yogurt market. In addition, the business strategies counts on company overview, product portfolio, SWOT analysis, key differentiation and recent development.

Probiotic Yogurt Market: Research Methodology

Primary sources and secondary sources propel intelligence report on probiotic yogurt market that provide deep dive analysis on the market. As such, the report provides reliable and unbiased projections, and assessments which have palpable impact on the market size and historical data. Besides, the report also counts on primary sources which hinges upon in-depth and intelligent analysis from well-grounded and reliable experts, telephonic interview, and a thorough assessment from surveys and seasoned analyst. Report on probiotic yogurt market further acknowledges secondary sources-namely-Factiva, EC filing, press release, trade journals, resourceful database and governmental websites.

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