As people are getting high-tech with every passing day, they also want to adopt a healthy lifestyle and dairy products are considered a source of calcium and protein. Yogurt is extracted via milk fermentation and is available as full fat and low-fat products in different countries. Yogurt improves human health and gives a fresh look to the skin. Various global companies are producing yogurt with fruit favours which make this eatable a good attraction for consumers. The yogurt industry is growing into a big and might industry. As per available data, the yogurt industry was worth $112.8 billion in the year 2019 while it is anticipated to grow at an annual growth rate of 6.41% and reach the whooping $163.7 billion level. We have gathered information about some of the top global yogurt companies. Majority of the global companies are situation in the European and American continent. According to Observatory Economic Complexity sources, Germany is the largest export of Yogurt products. During 2018, its exports were worth $638 million. Some of the major factors which contribute towards expansion of the yogurt market include production of different flavors and production of drinkable yogurt for vegan people. Keep reading this article and you will get an idea about Top 10 Largest Global Yogurt Companies.
One of the largest companies is Muller Milk and Ingredients. It is headquartered in Willenhall; UK and the company reported a revenue of $74.03 million. The company was established way back in 1947 and since then, it is serving the British market. Besides being popular for milk, butter and other dairy products, the company is producing some of the popular yogurt brands like Yogz, Mullerice, Mullerlight and Muller Corner. Another popular company is Chobani. It is headquartered in New York while the company reported a revenue of $2 billion. Chobani is a reliable and popular name in within the yogurt industry. The company’s Greek yogurt is popular among the American consumers for being rich in protein. The company was established in 2005 by a Turk immigrant, Hamdi Ulukaya. Chobani is also owner of the world’s biggest yogurt production plant, spread on an area of 1 million square feet. The plant is worth $450 million. There are various other companies around the globe. You can read about those companies in this article 15 Biggest Yogurt Companies in the World posted on Insider Monkey.