The global yogurt packaging market is poised to grow significantly, with an anticipated market value of US$ 24.58 billion in 2023, projected to reach US$ 39.22 billion by 2033, exhibiting a robust Compound Annual Growth Rate (CAGR) of 4.7%. Notably, the market witnessed a CAGR of 3.5% during the historical period of 2018 to 2022.
This growth is propelled by the higher adoption of packaged food products, particularly among the younger demographic, which is contributing to the expansion of yogurt packaging solutions. Additionally, the prevalence of health concerns and malnutrition is expanding the role of yogurt packaging materials. The significance of effective packaging to prevent contamination and adulteration is also expected to drive product demand. Given the perishable nature of dairy products like yogurt, appropriate packaging is essential for storage and transportation. The rising preference for small packaging due to its convenience is further stimulating market growth.
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Pouches and bottles are expected to experience healthy growth compared to yogurt packaging cups, owing to the increasing consumer preference for squeezable and drinkable yogurt formats. The popularity of yogurt as a convenient, healthy snack and meal supplement is boosting the demand for yogurt packaging. The utilization of value-added packaging products like multi-compartment cups, sustainable paper cups, and on-the-go-friendly pouches with fitments is projected to fuel product demand.
Furthermore, the shift towards using stand-up pouches instead of traditional tubs for larger yogurt volumes to reduce food waste and embrace lightweight packaging is driving the adoption of yogurt packaging solutions. The increased sales of single-serving yogurt multipacks, which require more packaging than individual products, will also contribute to the growing demand for these solutions.
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.
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.
Key Players
- 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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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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