Market Overview
Frozen yogurt is obtained from the fermentation of milk with the help of bacteria such as streptococcus thermophilus and lactobacillus bulgaricus. Frozen yogurt is also made with non-dairy products, including almond milk and soymilk.
Frozen yogurt is commonly used as a frozen dessert, which contains calcium, potassium, and proteins.

The global Frozen Yogurt Market industry is projected to grow at a significant rate of 4.5 % from 2021 to 2027 to reach a market value of USD 8.65 billion by the end of 2027. The demand for low-fat and fat-free yogurt is increasing among the health-conscious consumers globally, which is driving the market for frozen yogurt.

Many major market players are offering frozen yogurt with non-dairy ingredients since there is a massive demand for lactose-free yogurt among the consumers who are lactose intolerant.

Competitive Landscape
TCBY (US), Nestlé SA (Vevey, Switzerland), Menchie's (US), Kahala Franchising, L.L.C.(US), General Mills, Inc. (US), Gujarat Co-operative Milk Marketing Federation Ltd (India), Yogurtland Franchising, Inc. (US), Red Mango, LLC. (US), 16 Handles (US), Danone (France), Unilever (UK)

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Market Segmentation
The global frozen Frozen Yogurt Market industry has been segmented based on category, product type, distribution channel, and region. The global frozen yogurt market has been divided, based on category, such as conventional and lactose-free. By product type, the global frozen yogurt market has been segmented into full-fat, fat-free, and low-fat. The global frozen yogurt market has been bifurcated, based on distribution channel, into store-based and non-store-based. The store-based segment is further segmented into supermarkets & hypermarkets, convenience stores, and others. The global frozen yogurt market has been analyzed for four key regions—North America, Europe, Asia-Pacific, and the rest of the world. The North American frozen yogurt market has further been segmented into the US, Canada, and Mexico.

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Regional Analysis
Globally, North America is projected to dominate the frozen yogurt market during the forecast period due to the benefits of consuming yogurt and the growing preference for low-calorie desserts among consumers. Easy availability of yogurt with varieties of flavors in the regional market and continuous development of new flavours are anticipated to boost the frozen yogurt market in the region.

Presence of prominent market players such as General Mills, Inc., TCBY, Menchie's, and Chobani, LLC are also influencing the market of frozen yogurt with the innovative product offering.

Asia-Pacific is expected to register the highest CAGR in the frozen yogurt market during the forecast period.
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