Yogurt and Yogurt Drinks Demand in Canada Poised for Significant Growth as Category Continues to Explore Health Avenues

MRH

Albany, New York, September 25, 2017: Canadian consumers seek foods with health benefits that taste good. Yogurt continues to capitalize on these demands, showing strong growth in the past 5 years. Yogurts longer-term growth in the Canadian market is a broader reflection of what consumers are demanding from what they eat and drink. Market Research Hub (MRH) has recently broadcasted a study titled “Canadian Yogurt and Yogurt Drinks Market Analysis – September 2017” to its vast repository which offers a clear overview of the yogurt and yogurt drinks market along with a stern focus on the issues and perceptions prevailing in the sector. Moving further, the readers can access information and figurative knowledge about the total Canadian retail sales and forecast of yogurt and yogurt drinks, by segment, at current prices, for the period 2012 to 2022.

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As a category, yogurt has a history of producing innovations that capitalize on emerging areas in health or bringing them more into the mainstream while also offering consumers new flavors, textures and formats to keep the category fresh. Canadians are more time-pressed and they also prefer products that are healthy. As per the report, Canada’s aging population represents a potential challenge for yogurt market. Today, increasing the availability of various fruit flavored yogurt with health benefits is expected to support the demand of flavored frozen yogurt and flavored yogurt drinks in the near future.

The research study starts with the executive summary which covers the issues faced and opportunities present in the Canada yogurt and yogurt drink market. It has been analyzed that yogurt is perceived, by many, to be healthy, tasty and convenient. This report utilizes consumer feedback to provide readers with relative perspective in understanding what’s more and less important to consumers with regard to yogurt, identifies areas that are developed and those that appear to be underdeveloped to inform messaging and product development strategies in the Canadian market. As per the consumer’s perspective, the market has potential to grow yogurt penetration at dinner. Also, consumer interest is expected to drive by health focused innovations.

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In the later part, the research analyzes the market on the basis of yogurt drinks category. In Canada, the flavour is the prime reason for eating yogurt and most of the consumer demand for premium flavors, while non-dairy yogurt represents potential opportunity among younger Canadians. International styles of yogurt appeal to one in five consumers. Looking to the above factors, research analyzes the market size and forecast till 2022. It includes total Canadian retail sales and fan chart forecast of yogurt and yogurt drinks, at current prices, 2012-22, along with total retail value and volume sales and forecast of market. Market share (%) is also described in the study.

Further, innovation opportunities in yogurt, analysis of consumer groups are well studied.

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