Lim Chong Eu formerly known as Jelutong Expressway grand opening at Octin operation for pretty much more than 1 month but it already a well known seafood restaurant in Penang. Oriental Red Seafood Restaurant is a super big restaurant and market, occupying square feet in two-storey commercial building.
The increasing awareness of the health benefits of yogurt acts as a catalyst to the growth of this market. Drinkable yogurt is the fastest-growing segment in China, and plain yogurt is the most consumed segment in India, while flavored yogurt is gaining popularity in Japan.
Strategic partnerships with major companies are aiding in the expansion of this market.
Inthe Chinese companies, Mengniu and Danone, signed an agreement to establish a joint venture for the production and supply of chilled yogurt products. Market Dynamics The rise in disposable income, coupled with a shift in the consumer preference, is driving the growth of this market.
Also, the increasing awareness of health benefits of yogurt and the easy availability of flavored yogurt are further driving the market. The influence of Western lifestyle and taste, particularly among the younger consumers, is highlighting the need for newer varieties.
Some of the health benefits of yogurt include boosting the immune system, combating diarrhea and constipation, etc. However, the rise in the cost of production poses a threat to the market. Market Segmentation The Asia-Pacific yogurt market is segmented on the basis of product type into regular yogurt and fat-free yogurt.
While the regular yogurt constitutes a majority of the demand, increasing awareness regarding the consumption of healthy food supports the growth of the fat-free yogurt market. The regional market is further segmented by form into set yogurt, yogurt drinks, Greek yogurt, and frozen yogurt.
The set yogurt is more popular than the others and contributes a higher revenue. Yogurt drinks and frozen yogurt are further segmented into regular and flavored, which come in different taste variants. Steady growth is expected in Japan during the forecast period.
Competitive Environment The market for yogurt is highly fragmented, wherein, the vendors compete for innovation, pricing and distribution. In China, Mengniu and Danone signed an agreement to establish a joint venture for the production of chilled yogurt products.
Low-sugar variants of yogurt have been gaining popularity, which encourages the vendors to launch new and healthier varieties of yogurt.
The private label brands are increasing their market share, thus threatening the position of leading brands. Some of the major players in the market include- Chobani Inc.The report provides a comprehensive analysis of the Frozen Yogurt industry market by types, applications, players and regions.
This report also displays the production, Consumption, revenue, Gross margin, Cost, Gross, market share, CAGR, and Market influencing factors of the Frozen Yogurt. Sessions/Tracks. Track 1: Food Processing & Technology Food processing is the conversion of raw ingredients, by physical or chemical means into food, or of food into other initiativeblog.com processing combines raw food ingredients to produce marketable food products that can be easily prepared and served by the consumer.
Ice Cream Manufacturers - Source popular Ice Cream from verified Suppliers & Manufacturers including the verified Distributors and direct Ice Cream factory around the world. Geographically, this report split global into several key Regions, with sales (K Units), revenue (Million USD), market share and growth rate of Dairy Dessert and Yogurt for these regions, from to (forecast), covering North America Europe China Japan Southeast Asia India Global Dairy.
The global drinkable yogurt sales is expected to cross 17, million Kg by Scope of the market includes pro/prebiotic, functional, and regular yogurt drinks, like Yakult and functional drinking yogurt. The Global Yogurt Market is expected to record an estimated CAGR of %, during the forecast period ().