How Growing Preference for Ready-to-Eat Foods is Spurring Growth of Citrus Yogurt Market: FMI Report Analyzes
Market players are focusing on geographical expansion to attain a competitive edge.
DUBAI, UAE / ACCESSWIRE / February 8, 2021 / Future Market Insights: FMI states in its recent study on the citrus yogurt that the market will record a CAGR of 4.5% between 2020 and 2028. Demand for citrus yogurt is anticipated to continue surging especially due to the growing popularity of high protein and low carb diets,
“Leading manufacturers are largely focused on product launch strategies. Efforts towards geographical expansion are expected to gain importance in emerging markets to consolidate market presence.” says the FMI analyst.
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Citrus Yogurt Market – Important Highlights
- Dairy-based yogurt is expected to hold a major market share during the forecast years.
- Organic offerings of citrus yogurt to gain traction due to rising health awareness.
- Supermarkets are anticipated to remain the key distribution