Home > > Global Frozen Yogurt Market Report
The Frozen Yogurt market was valued at $6,050.4 Million in 2022, and is projected to reach $7,060.9 Million by 2032 growing at a CAGR of 1.61% from 2023 to 2032.The frozen yogurt market has grown significantly in recent years due to a number of drivers and trends. One major driver has been the increasing demand for healthier dessert options. Frozen yogurt is often perceived as a healthier alternative to ice cream, as it is typically made with low-fat or nonfat milk and contains live and active cultures, which may provide certain health benefits. This trend has led to the expansion of the frozen yogurt market and the emergence of new frozen yogurt chains and standalone stores. Another key trend has been the rise of artisanal and specialty frozen yogurt flavors, which has helped to differentiate the market and appeal to a wider range of consumers. This includes the use of exotic and unusual ingredients, such as matcha, lavender, and even bacon, as well as the incorporation of healthier ingredients like nuts, seeds, and fruit. In terms of opportunities, the frozen yogurt market has benefited from the growing trend of self-serve frozen yogurt bars, which allow customers to customize their own servings and try a wide range of flavors. This model has proven particularly popular in countries like the United States, where it has helped drive sales and increase customer loyalty. In terms of top companies, there are a number of well-known brands in the frozen yogurt market, including Pinkberry, Menchie's, and Yogurtland. These companies have all made significant developments in recent years, such as expanding their store networks, introducing new flavors, and implementing innovative marketing campaigns. Other notable players in the market include TCBY and Baskin-Robbins, which also offer a range of frozen yogurt options.