Savory Yogurt Foods Market, Analysis by Type (Dips and Spreads, Stirred Yogurt, Dressings, and Others), Analysis by Distribution Channel (Supermarkets and Hypermarkets, Specialty Stores, Convenience Stores, Online Retail, and Others), and Regional Forecast, 2024-2032

Savory yogurt is a type of yogurt that is usually flavored with ingredients such as herbs, spices, vegetables, or others. It is a versatile ingredient that can be used in a variety of dishes such as dips, sauces, and spreads and also as a snack. The innovations in the savory taste of yogurt gained traction across the globe owing to the rising demand for sugar-free products and the surging number of health-conscious consumers. Savory yogurt typically contains less or no sugar and is high in protein than traditional yogurt, making it a healthier snack or meal option.

Savory yogurt manufacturers are constantly experimenting with new flavors and ingredients, as well as serving consumers with dietary needs. For instance, in June 2023, Litehouse Inc., a manufacturer of salad dressings, vegetable relishes, sauces, and others, launched a new line of yoghurt-based lower-calorie creamy dressings. The new range includes creamy ranch, tzatziki ranch, classic Caesar, and avocado cilantro flavors, which offer consumers a way to indulge in their favorite flavors at 40 calories per serving.

Impact of COVID-19 on the Global Savory Yogurt Foods Market

The COVID-19 pandemic had a positive impact on the global savory yoghurt market. The pandemic led to an increased demand for healthy and convenient foods, which benefited the yogurt market. Moreover, according to Koninklijke DSM N.V., a Dutch multinational corporation, the sales of yoghurt-based products saw a rise despite the obvious challenges of the global pandemic. During the pandemic, consumers perceived yogurt as a healthy snacking food, which further propelled the market growth.

Segmentation

Key Insights

The report covers the following key insights:

• Overview of the Savory Yogurt Foods Market


• Demand for Savory Yogurt Foods in the Food Sector


• Drivers, Restraints, and Opportunities


• Impact of COVID-19 on the Global Savory Yogurt Foods Market

Analysis by Type

The stirred yogurt segment is expected to hold a significant share of the global savory yogurt foods market. Consumers are increasingly prioritizing healthy and convenient snacks, which in turn propels the demand for stirred yogurt. The stirred yogurt is gaining popularity due to its unique flavor profile and culinary versatility. It also offers convenience and portability and is a healthy meal or snack option for consumers who have busy lifestyles.

The dips and spreads segment is expected to grow at a high CAGR over the forecast period. Savory dips and spreads form a convenient and portable option to indulge in, making them appealing to busy consumers. Manufacturers have been constantly incorporating flavorful ingredients such as thyme, rosemary, chives, dill, and others in the dips and spreads in order to attract a large consumer base. For instance, in May 2023, La Terra Fina, a manufacturer of dips and spreads, launched dill pickle dip & spread. The new product consists of Greek yoghurt, cream cheese-base, pickles, dill, and others.

Analysis by Distribution Channel

The supermarkets/hypermarkets segment is expected to hold a major share of the global market. Supermarkets/hypermarkets offer a wide variety of yogurt brands, flavors and formats, making it even more convenient for consumers to access such markets. These stores offer a convenient one-stop experience, making it easy for consumers to shop for their products.

The online retail segment is expected to grow at a high CAGR over the forecast period as it offers consumers the convenience of purchasing products from the comfort of their homes. The online channel also offers a wider range of products than traditional brick-and-mortar stores.

Analysis by Region

North America is expected to hold a significant market share of the global savory yogurt foods market. The demand for savory yogurt in the region has been experiencing significant growth owing to evolving consumer preferences and culinary trends. Consumers in the region are increasingly seeking healthier food options, and savory yogurt fits well in this trend. Consumers are increasingly embracing ethnic flavors and cuisines, which is further propelling the demand for savory yogurt products in the region. Moreover, the rise in disposable incomes has resulted in greater demand for premium and convenient food products, favoring savory yogurt demand. The manufacturers in the region are also capitalizing on the growing health consciousness trend and innovating new products that cater to evolving consumer preferences.

Europe is expected to grow at a high CAGR over the forecast period. Busy lifestyles and hectic schedules in the region prompt for the increasing demand for convenient and portable snacks such as savory yogurt. Moreover, vegan and dairy-free yogurt alternatives are gaining traction, driven by the rising demand for plant-based foods.

Key Market Players

The key players in the market include Chobani LLC, General Mills Inc., Sohha Savory Yogurt, Stonyfield Farm, Inc., Fage International S.A., La Terra Fina, Bolthouse Farms, Litehouse, Inc., Blue Hill Inc., and Wallaby Yogurt Company.

Key Developments

• In April 2022, Bolthouse Farms, a vertically integrated farm company, launched yoghurt-based ranch, blue cheese, and cheese dressing lines.


• In February 2021, Litehouse Inc., a manufacturer of salad dressings, vegetable relishes, sauces, and others, launched a new line of Greek yogurt-based refrigerated salad dressings. The new product is available in garden ranch, tzatziki ranch, garlic caesar, cilantro lime, and basil lemon flavors.