Product
Yogurt Price Trend and Forecast
Yogurt Price Trend and Forecast
Regional Price Overview
Get the latest insights on price movement and trend analysis of Yogurt in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).
Yogurt Price Trend for the First Half of 2023
The yogurt market was affected by the consequences of inflation in the food industry. The price trend inclined in the first two quarters as the global markets suffered from the issues of disruption in supply chains, adverse effects of the Russia-Ukraine crisis, and shortage of labor. In the US and European region, the approximate rise in the cost of yogurt rose by almost 18% in the first quarter alone.
The cost of production in the US inclined dramatically as the rates of raw materials, minimum wages, and prices of energy took a sudden upward turn. This rise in the price trend of yogurt was also supported by the rising demand from the consumer sector, which, despite struggling conditions, continued to push yogurt prices in a positive direction. However, during the end phase of the second quarter, the prices cooled down as the global economy showed signs of recovery.
Analyst Insight
According to Procurement Resource, the price of Yogurt is expected to follow a fluctuating trend as the rates of food inflation are estimated to stabilize with increased production and positive support from the feedstock sector.
Procurement Resource provides latest prices of Yogurt. Each price database is tied to a user-friendly graphing tool dating back to 2014, which provides a range of functionalities: configuration of price series over user defined time period; comparison of product movements across countries; customisation of price currencies and unit; extraction of price data as excel files to be used offline.
About
Yogurt is a food prepared by bacterial fermentation of milk. The bacteria that is utilised to make Yogurt are known as Yogurt cultures. The fermentation of lactose by these bacteria produces lactic acid, that acts on milk protein to give Yogurt its texture and characteristic tart flavour.
Product Details
| Report Features | Details |
| Product Name | Yogurt |
| Industrial Uses | Food preparations, Confectionary, Desserts and sweets |
| Supplier Database | Lactalis Group, General Mills Inc, Nestlé SA, FrieslandCampina, Dean Foods Company, Danone, Yili Group |
| Region/Countries Covered | Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar, Australia, and New Zealand Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece North America: United States and Canada Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru Africa: South Africa, Nigeria, Egypt, Algeria, Morocco |
| Currency | US$ (Data can also be provided in local currency) |
| Supplier Database Availability | Yes |
| Customization Scope | The report can be customized as per the requirements of the customer |
| Post-Sale Analyst Support | 360-degree analyst support after report delivery |
Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs.
Production process
- Production of Yogurt via Heating and Cooling Process.
Yogurt is produced by heating milk to a certain temperature that denatures its proteins (scalding), which are essential for making Yogurt. Later it is also cooled down to a certain temperature so that the high temperature doesn't completely eliminate or kill the live microorganisms that turn the milk into Yogurt.
Methodology
The displayed pricing data is derived through weighted average purchase price, including contract and spot transactions at the specified locations unless otherwise stated. The information provided comes from the compilation and processing of commercial data officially reported for each nation (i.e. government agencies, external trade bodies, and industry publications).
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