Frozen Yogurt Market Set to Quadruple by 2031: Health Trends Drive 22.1% CAGR

 

Global Frozen Yogurt Market Analysis (2025-2031)

As per QY Research, the global frozen yogurt market was valued at USD 2,191 million in 2024 and is projected to grow significantly, reaching approximately USD 8,703 million by 2031. This reflects a strong compound annual growth rate (CAGR) of 22.1% during the forecast period from 2025 to 2031.


Key Trends Include:

  • Health-Oriented Consumption: Consumers are increasingly opting for low-calorie, probiotic-rich frozen desserts.

  • Dairy-Free and Vegan Variants: Rapid growth in plant-based frozen yogurt to meet lactose-intolerant and vegan consumer needs.

  • Flavored Innovations: New flavor combinations (e.g., exotic fruits, superfoods, functional ingredients) are attracting diverse demographics.

  • On-the-Go Packaging: Convenient packaging formats are boosting impulse purchases and portability.

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Market Segments Analysis:

  • By Product Type:

    • Plain

    • Flavored (e.g., strawberry, chocolate, mango, blueberry)

  • By Distribution Channel:

    • Supermarkets/Hypermarkets

    • Convenience Stores

    • Online Retail

    • Specialty Stores

  • By End-User:

    • Adults

    • Kids


Market Opportunity:
The increasing penetration of e-commerce platforms, especially in emerging markets, offers a significant opportunity for global expansion. Strategic partnerships with foodservice chains and the introduction of customized offerings via vending machines and kiosks are also unlocking growth avenues.


Growth Drivers and Challenges:
Drivers:

  • Growing consumer focus on healthier dessert alternatives

  • Rising disposable incomes in developing economies

  • Expansion of retail and quick-service restaurant (QSR) networks

Challenges:

  • Seasonal demand fluctuations

  • High competition from traditional ice cream and newer non-dairy alternatives

  • Storage and distribution complexities due to temperature sensitivity


Conclusion:
The frozen yogurt market is poised for robust expansion, powered by health trends, innovation, and increasing consumer preference for functional and flavorful frozen treats.


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