North America Yogurt Market to Expand at 8.2% CAGR till 2019 Due to Rising Consumer Awareness
Transparency Market Research has published the report which answers the questions pertaining to changing consumer preferences, the effect of raw material supplies on the yogurt market, and the competitive scenario in the yogurt market in North America in general.
Yogurt and its many forms are an integral part of diets across geographies. The yogurt market in North America, especially, is a very diverse and vibrant space because it is available as both a healthy snack option and a dessert. The report delves into the North America yogurt market to offer a meticulously-researched perspective on the emerging trends, threats from alternative products, and opportunities that can be harnessed profitably. The North America yogurt market is expected to register a healthy double-digit compounded annual growth rate (CAGR). This report studies the markets in U.S., Canada and Mexico and offers recommendations on the most promising regions to invest in.
These findings will prove valuable for both established companies in the North America yogurt market, as well as new players planning to enter this space. Each major region within the larger North America yogurt market has certain well-established players, all of which are studied in the Company Profiles section.
In 2012, yogurt was a US$7.3 billion market in North America. The findings of this research report show that the North America yogurt market is will likely exhibit a CAGR of 8.2% between 2013 and 2019, rising to US$11.7 billion by 2019.
The food market in North America is currently at a phase where the consumers are more willing to purchase healthy foods. Given this paradigm shift that’s gradually taking place, the yogurt market carries several opportunities for growth. TMR’s analysis shows that Greek yogurt-a low-fat, creamy variety of yogurt-is among the fastest-growing segment in North America. So much so, that this segment will likely drive the overall yogurt market ahead over the forecast period of the report. Interestingly, products in this market cater to consumers of all age groups - from kids to the older population. A number of companies have even launched products specifically for men and women, designed with different nutritional values.
Browse full Yogurt Market report at: http://www.transparencymarketresearch.com/yogurt-market.html