Frozen Yogurt Market
Frozen Yogurt Market
The market for Frozen Yogurt was estimated at $7.30 billion in 2024; it is anticipated to increase to $10.7 billion by 2030, with projections indicating growth to around $14.6 billion by 2035.
Report Summary
Table of Contents
Methodology
Market Data
Global Frozen Yogurt Market Outlook
Revenue, 2024 (US$B)
$7.3B
Forecast, 2034 (US$B)
$13.7B
CAGR, 2024 - 2034
6.5%
The Frozen Yogurt industry revenue is expected to be around $7.8 billion in 2025 and expected to showcase growth with 6.5% CAGR between 2025 and 2034. The consistent growth in the Frozen Yogurt industry highlights the enduring popularity and importance of this product in the food scene. Factors like a rising demand for dessert choices and shifts in consumer eating habits are key drivers for Frozen Yogurts continued relevance. The increasing trend towards flavors, in Frozen Yogurt also plays a significant role. Moreover new marketing tactics and improved delivery services have made it more convenient for customers to enjoy this treat.
Frozen Yogurt or FroYo is a treat crafted from yogurt along with other dairy and non dairy ingredients at times. It stands out from yogurt due to its smooth texture, diet friendly nature various yummy flavors and icy form. Besides being enjoyed as a dessert option Frozen Yogurt is gaining fame as a healthier alternative to ice cream, a vital element in smoothies and a delightful topping, for baked goods of all kinds.
Market Key Insights
- The Frozen Yogurt market is projected to grow from $7.3 billion in 2024 to $13.7 billion in 2034. This represents a CAGR of 6.5%, reflecting rising demand across Health Food Stores, Fast-Food or Franchise Operations and Supermarkets and Grocery Stores.
- The market leaders Yogurtland Inc., Menchie's Global Inc. and Pinkberry Inc. lead the market competition.
- U.S. and Canada are the top markets within the Frozen Yogurt market and are expected to observe the growth CAGR of 4.2% to 6.2% between 2024 and 2030.
- Emerging markets including Brazil, India and Saudi Arabia are expected to observe highest growth with CAGR ranging between 7.5% to 9.0%.
- The market expansion of Frozen Yogurt will receive $900.0 million from the Transition known as Emergence of HealthConscious Consumers during the period ending in 2030.
- The Frozen Yogurt market is set to add $6.4 billion between 2024 and 2034, with manufacturer targeting Multi Serve & undefined Packaging projected to gain a larger market share.
- With Rise in health consciousness, and Diversification of flavors and toppings, Frozen Yogurt market to expand 88% between 2024 and 2034.
Opportunities in the Frozen Yogurt
The rising consciousness among consumers regarding health and well being has caused a surge in the desire, for dessert choices.
Growth Opportunities in North America and Asia-Pacific
North America Outlook
North America holds a market share in the frozen yogurt industry as its place of origin and is greatly influenced by the increasing focus on health and a wide range of flavors that cater to different consumer tastes preferences. With competition from popular brands, like Red Mango, Yogurtland and Menchies continuously expanding their product offerings with distinctive and healthier frozen yogurt options. One important opportunity is to take advantage of the rising popularity of frozen yogurt enhanced with probiotics and omega ̶ Attract a wide range of consumers looking for healthy food options– Also the expansion of self service yogurt bars in the United States and Canada is contributing to the growth of the frozen yogurt market, in these region's.
Asia-Pacific Outlook
In contrast to the established market in North America the frozen yogurt industry in Asia Pacific is currently experiencing growth due to an increase in disposable income and a shift towards Western eating habits as key factors driving this expansion. The market is competitive and diverse with both brands such as Yogen Fruz and local players like HoneyDew vying for a larger market share. The incorporation of Asian inspired flavors such as Matcha, Taro and Lychee presents an opportunity where combining tradition, with innovation could lead to increased consumption and market expansion. Moreover working together with dairy companies to obtain ingredients can help cut costs and boost profits.
Market Dynamics and Supply Chain
01
Driver: Rise in Health Consciousness, and Innovation in Point of Sale Outlets
The growing focus on health and wellness worldwide is also a factor, for the Frozen Yogurt markets growth trajectory. With frozen yogurt being marketed as an option compared to ice cream because of its probiotics and reduced fat content the popularity of this treat is also projected to keep increasing. The rise of self service frozen yogurt shops and kiosk style stores has also played a role in the rapid expansion of the frozen yogurt industry These advancements in point of sale technology not only cut down on operational expenses, for companies but also offer customers an enjoyable and customized experience that ultimately leads to increased sales.
The progress in food technology has also resulted in the creation of a range of flavors and toppings for frozen yogurt that appeals to a larger group of consumers and contributes to its increasing popularity, in the industry.
The progress in food technology has also resulted in the creation of a range of flavors and toppings for frozen yogurt that appeals to a larger group of consumers and contributes to its increasing popularity, in the industry.
02
Restraint: Health-conscious Market Shift
Given the worldwide emphasis on health and well being people are increasingly opting for natural and unrefined foods. As they gain knowledge about sweeteners and the excessive sugar content commonly present in Frozen Yogurt there is a noticeable trend towards healthier options resulting in a decreased desire for Frozen Yogurt. This trend is amplified with the rise of diets such as Keto, Paleo and Vegan that advocate against consuming food items, like these.
03
Opportunity: Expanding into Untapped Developing Markets and Leveraging Technological Innovations for Product Enhancement
In today's world where boundaries are increasingly blurred by globalization efforts like never before，emerging markets in countries like India and various regions in Africa stand out as promising areas for Frozen Yogurt businesses to explore．As disposable incomes rise and people become more familiar with international culinary trends，these markets offer distinct prospects for expansion．Collaborating with local dairy farms could create a beneficial partnership，ensuring a consistent source of the essential ingredients, for Frozen Yogurt and boosting the local economies at the same time．.
In the evolving landscape of technology impacting different industries today like Frozen Yogurt production should also adapt and embrace advancements such, as AI and ML to enhance efficiency in making and enhancing the quality of products while keeping costs down too! By leveraging these technologies creatively to craft unique Frozen Yogurt flavors can help draw in and keep a diverse range of customers interested.
In the evolving landscape of technology impacting different industries today like Frozen Yogurt production should also adapt and embrace advancements such, as AI and ML to enhance efficiency in making and enhancing the quality of products while keeping costs down too! By leveraging these technologies creatively to craft unique Frozen Yogurt flavors can help draw in and keep a diverse range of customers interested.
04
Challenge: Low Market Penetration in Developing Countries
Even though Frozen Yogurt is widely loved in economies its adoption in developing nations is still quite limited. Several reasons account for this disparity, such as a lack of awareness about the product scarce availability through channels and limited spending power, among consumers. In areas particularly keeping Frozen Yogurt cold poses a major hurdle. Moreover cultural norms and dietary practices also influence preferences; there are areas where dairy products or sugary treats are not only commonly enjoyed.
Supply Chain Landscape
1
Dairy Farming
Clover Stornetta Farms
Horizon Organic Dairy
2
Ingredient Supply
Danisco
Chr. Hansen
3
Manufacturing
Sweet Frog
Menchie's
4
Retail End-Users
Yogurtland
Tutti Frutti Frozen Yogurt
1
Dairy Farming
Clover Stornetta Farms
Horizon Organic Dairy
2
Ingredient Supply
Danisco
Chr. Hansen
3
Manufacturing
Sweet Frog
Menchie's
4
Retail End-Users
Yogurtland
Tutti Frutti Frozen Yogurt
*The illustration highlights the key stakeholders within the supply chain ecosystem.
Applications of Frozen Yogurt in Health Food Stores, Fast-Food or Franchise Operations & Supermarkets & Grocery Stores
Health Food Stores
Frozen yogurt is a choice at health food stores. Especially the probiotic and low fat varieties that cater to health conscious individuals seeking a tasty yet wholesome treat option over conventional desserts like ice cream or cake. Leading brands like Dannon and Chobani are known for their dedication to using top notch ingredients in crafting products that appeal to those looking to strike a balance, between flavor and well being in their diet choices.
Fast-Food or Franchise Operations
Frozen yogurt serves a role in fast food and franchise establishments where soft serve is commonly featured for its smooth consistency and diverse flavor choices that cater to customer preferences for personalized toppings and unique flavor blends popularized by brands, like Yogurtland and Menchies renowned for their extensive selections and engaging customer service practices.
Supermarkets and Grocery Stores
Supermarkets and grocery stores play a role in the popularity of frozen yogurt as a convenient dessert choice for home consumption due to its various flavors and dietary options such as lactose free and vegan alternatives available in tub form. Big names like Hagen Dazs and Ben & Jerrys dominate this sector with their flavor mixes and strong presence, in the frozen dessert industry.
Recent Developments
December 2024
Chobani introduced a line of non dairy frozen yogurts to meet the growing demand, from vegan consumers. The flavors available include Mixed Berry and Chocolate Chip.
October 2024
YoFresh Yogurt Cafe has started using eco packaging, for all their products to support global sustainability initiatives. They are well known for their frozen yogurt options.
August 2024
In light of the decreasing sugar trend, within the food sector Menchies Frozen Yogurt has launched a range of frozen yogurt products without any added sugar.
In the expanding realm of treats frozen yogurt stands out as a strong contender. As consumers gravitate towards dessert choices this probiotic packed treat takes the lead in current innovations. A study of market shifts shows that frozen yogurt makers are blending health and indulgence by rolling out new flavors enhanced with superfoods and nutritional supplements.
Impact of Industry Transitions on the Frozen Yogurt Market
As a core segment of the Packaged & Processed F&B industry,
the Frozen Yogurt market develops in line with broader industry shifts.
Over recent years, transitions such as Emergence of HealthConscious Consumers and Technological Innovations in Serving Methods have redefined priorities
across the Packaged & Processed F&B sector,
influencing how the Frozen Yogurt market evolves in terms of demand, applications and competitive dynamics.
These transitions highlight the structural changes shaping long-term growth opportunities.
01
Emergence of HealthConscious Consumers
In times there has been a noticeable shift in the frozen yogurt industry towards healthier options as more health conscious consumers are emerging. While conventional frozen yogurt used to be high in sugar content the current market trend is leaning towards offerings with reduced or zero sugar. This change is attributed to the growing fitness and wellness sector and a knowledgeable consumer base. As customers look for frozen yogurt options in probiotics low in fat content or free, from dairy products the frozen yogurt industry has had to adjust its offerings accordingly. This has affected the related dairy and sweetener sectors. Led to a rise in the demand, for healthier ingredients. This industry transition is expected to add $900 million in the industry revenue between 2024 and 2030.
02
Technological Innovations in Serving Methods
The transformation of the industry is evident in the introduction of methods for distributing frozen yogurt products as well. Of the conventional in store purchases at counters fading away slowly with time novel self service kiosks and dispensers managed by customers themselves are gaining popularity. In forward thinking markets robotic servers are even being employed to serve customers. Furthermore the availability of yogurt, through delivery services whenever desired has significantly expanded its reach pushed it ahead in the market space.