In 2023, the worldwide yogurt packaging market is projected to reach a market value of US$ 24.58 billion, and by 2033, it is projected to reach a market value of US$ 39.22 billion, with a CAGR of 4.7%. In the historical period from 2018 to 2022, the yoghurt packaging market experienced a CAGR of 3.5%.
Yogurt Packaging Market– An Overview
Yogurt is a dairy product that is prepared by bacterial fermentation of milk. In recent times, it has been a popular dairy product for the average milk-consuming person. The consumption of yogurt has witnessed growth in most of the developed and developing countries due to its antioxidant properties and protection against osteoporosis to relieve irritable bowel disease and aiding digestion.
Yogurt is packed in sealable and barrier film enabled containers, pouches, and cups that keep it safe from light, dust and moisture and extend its shelf life. Yogurt packaging is also lightweight and extremely handy, since yogurt is highly perishable and is purchased by a normal consumer in low quantities.
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Yogurt Packaging Market- Dynamics
All the leading packaging companies of dairy products worldwide are trying to own a stake in the yogurt packaging market. Yogurt is mostly packed in PE-HD bottles sealed with heat-sealed closures, aluminum containers, molded cups, and pouches. In addition, bottles made of other materials, like plastic (PET) are in made by some manufacturers.
For a longer shelf life, heat-treated drinking-yogurt products packaging materials are made from plastic, aluminium foil and paperboard with good heat bearing capacities and light-barrier properties. Flexible yogurt packaging is aseptic and sterilized to avoid contamination of yogurt through packed material.
With the rise of e-commerce and presence of retailers online, yogurt is supplied to the customer within an hour to a day, which is a boost to the yogurt packaging industry. Manufacturers are constantly finding new ways to develop yogurt packaging that could preserve it and extend its shelf life without refrigerating or cooling it.
The global packaging market is pushing itself towards a plastic-free society, although the plastic packaging market is flourishing in FMCG sector but regulations posed by many countries are forcing packagers to change their material towards a more eco- friendly substance like paper or molded fibre.
Yogurt packaging plastic is a recyclable plastic and is popular in demand by customers and manufacturers. Vegan yogurt is a recent trend in the yogurt market, which utilizes almond, coconut or soymilk and packing it is a challenge for the manufacturers, who are coming up with new designs and shapes for vegan yogurt packaging.
Yogurt Packaging Market- Regional Outlook
Asia Pacific and Middle East already consume high milk products and are mature markets for yogurt packaging but they have potential to rise with upcoming vegan yogurt packaging market. North America and Europe are lucrative markets and provide high technology for packaging, which is a positive driver for expansion of yogurt packaging in these regions.
Africa and neighbouring regions remain underperforming markets for yogurt packaging but are believed to gain traction and increase sales for yogurt and hence positively affecting yogurt packaging.
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Yogurt Packaging Market- Key Players
Key players in the yogurt packaging market are –
- Chobani Global Holdings, LLC
- Bakoma Sp. Z O.O.
- Danone SA
- Dana Dairy Group
- Morinaga Nutritional Foods, Inc.
- Valio Ltd.
- Yofix Probiotics Ltd.
- Adelphi Group of Companies
- Tetra Laval International
- BW Packaging Systems
- Lindquist Machine Corporation
- Sealed Air Corporation
- Orion Packaging System and many more.
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain.
The report provides an in-depth analysis of parent market trends, macroeconomic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on yogurt packaging market segments and geographies.
Regional Analysis Includes
- North America
- Latin America
- Europe
- South Asia
- East Asia
- Oceania
- Middle East & Africa (MEA)
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Yogurt Packaging Market- Segmentation
Yogurt packaging market segmentation on the basis of type of packaging:
- Cups
- Molding Cups
- Pouches
- Squeeze Pouches
- Stand Up Pouches
- Containers
- Tetra Paks
- Aluminum Containers
- PET Jars and Bottles
- Others
- Opaque /non-opaque Plastics Bags
- Bag in a box
Yogurt packaging market segmentation on the basis of type of yogurt:
- Dairy
- Vegan
Yogurt packaging market segmentation on the basis of sales medium:
- B2B/Direct
- B2C/Indirect
- Hypermarket/Supermarket
- Convenience Stores
- Discount Stores
- Specialty Stores
- E-commerce, Online Retailers
- Traditional Groceries
- Others
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