Global Dry Yogurt Market Set for Robust Growth, Projects FMI
The global dry yogurt market is projected to grow from USD 840.0 million in 2025 to USD 1,683.5 million by 2035, expanding at a CAGR of 7.2% over the forecast period.
Dry yogurt, also known as yogurt powder, is gaining popularity for its versatility and nutritional benefits. Created through spray-drying or freeze-drying processes, dry yogurt retains essential nutrients and the characteristic tangy flavor of fresh yogurt while enhancing shelf stability and usability.
The demand for dry yogurt is rising due to its health benefits, including high immunity-boosting properties, low sugar content, and high protein proportion. With the availability of multiple flavors and the ease of manufacture and sourcing low-cost, probiotic-rich raw materials, the market is poised for growth.
Regional Insights
North America and Europe currently dominate the dry yogurt market, with significant contributions expected from the Asia-Pacific region, driven by increasing health-conscious consumer behavior.
- North America: The U.S. market is projected to grow significantly, with a CAGR of 5.9% from 2025 to 2035. The rise is attributed to the increasing demand for convenience and nutritious food products.
- Latin America: Brazil's market is expected to expand with a CAGR of 6.8% by 2035, fueled by growing consumer awareness regarding gut health benefits.
- Asia-Pacific: India, China, and Japan are projected to be high-growth markets, with India leading with a CAGR of 8.1%. The demand for protein-rich and functional foods is a key driver.
Industry Outlook
Key players such as Kerry Group, Glanbia PLC, and Epi Ingredients are at the forefront, focusing on product innovation and market expansion. The competition is intense, with companies investing heavily in R&D and expanding their distribution networks.
FMI projects that the global dry yogurt market will continue to thrive as consumer trends shift towards functional foods with added health benefits, offering significant opportunities for manufacturers and industry stakeholders.