Global Frozen Yogurts Market to Reach US$1.7 Billion by the Year 2027
Amid the COVID-19 crisis, the global market for Frozen Yogurts estimated at US$1.5 Billion in the year 2020, is projected to reach a revised size of US$1.7 Billion by 2027, growing at a CAGR of 2.1% over the period 2020-2027.
The U.S. Accounts for Over 27.1% of Global Market Size in 2020, While China is Forecast to Grow at a 4% CAGR for the Period of 2020-2027
The Frozen Yogurts market in the U.S. is estimated at US$393.1 Million in the year 2020. The country currently accounts for a 27.07% share in the global market. China, the world second largest economy, is forecast to reach an estimated market size of US$326.5 Million in the year 2027 trailing a CAGR of 4% through 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 0.4% and 1.5% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 0.8% CAGR while Rest of European market (as defined in the study) will reach US$326.5 Million by the year 2027.We bring years of research experience to this 9th edition of our report. The 137-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.
- Competitors identified in this market include, among others,
- 16 Handles
- BRIX Holdings, LLC.
- Frosty Boy Australia
- FroyoWorld LLC
- Fuzzy Peach Frozen Yogurt
- General Mills, Inc.
- Kemps LLC
- Sweet CeCe’s, LLC
- sweetFrog Premium Frozen Yogurt
- TCBY(The Country’s Best Yogurt)
- Yobe Acquisition, LLC
- Yogurtland Franchising, Inc.