Yogurt Packaging Market: Overview, Data Updates, Reports Analysis & Forecast | FMI

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Yogurt Packaging Market Size & Industry Trends Report for 2033

 

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.

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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

Access Full Report: https://www.futuremarketinsights.com/reports/yogurt-packaging-market

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