Australia Drinkable Yogurt Market Research Report, 2028

Australian consumers' changing tastes, rising health awareness, and the need for dairy products that are both convenient and nourishing have all contributed to the market's tremendous development and transition. As a country known for its thriving dairy industry, Australia offers a fertile ground for the production and consumption of drinkable yogurt. This market is characterized by a diverse range of products, flavours, and packaging options that cater to the unique tastes and lifestyles of Australian consumers. The market is also influenced by factors such as changing dietary habits, rising awareness of the health benefits of probiotics, and the growing popularity of on-the-go snacking. Drinkable yogurt is commonly consumed as a breakfast or mid-day snack. Australians appreciate its versatility and often include it as part of their morning routine or pack it in lunchboxes for a convenient and nutritious snack option. According to the research report "Australia Drinkable Yogurt Market Research Report, 2028," published by Actual Market Research, The Australia Drinkable Yogurt market is expected to add more than 332 Million by 2028. Consumers are seeking unique and adventurous flavour profiles in their drinkable yogurt choices. Manufacturers are responding by introducing new and exotic flavours like passionfruit, turmeric, matcha, and chai, offering consumers a diverse range of options beyond traditional flavours. Beyond probiotics, manufacturers are incorporating other functional ingredients into drinkable yogurts to target specific health concerns. This includes the addition of prebiotics, vitamins, minerals, antioxidants, and superfoods like chia seeds, hemp seeds, or flaxseeds to enhance the nutritional value and health benefits of the product. Customization and personalization have become significant trends across the food and beverage industry. Some brands are offering consumers the ability to personalize their drinkable yogurts by allowing them to choose their preferred mix-ins, toppings, or sweeteners, providing a more tailored and interactive experience. Plain drinkable yogurt is popular among health-conscious consumers who prioritize the nutritional benefits of yogurt. It is often promoted as a rich source of probiotics, calcium, and protein, offering potential digestive health benefits and support for the immune system. Health-conscious individuals may prefer plain yogurt as it allows them to avoid added sugars and artificial flavors.

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Supermarkets like Coles, Woolworths, and Aldi, as well as hypermarkets like Costco, play a dominant role in yogurt sales. These large-format stores offer a wide variety of yogurt brands and flavors, making them convenient for consumers to access yogurt during their routine grocery shopping. Many supermarkets also have dedicated sections for health foods, organic products, and specialty yogurts. Convenience stores, such as 7-Eleven and independent corner stores, provide a convenient option for consumers seeking yogurt on-the-go or for emergency purchases. Plastic cups with peel-off lids are commonly used for single-serve drinkable yogurts. They offer convenience and are popular for quick consumption. However, similar to plastic bottles, there is a growing awareness about the environmental impact of single-use plastic cups. Plastic bottles are a common packaging choice for drinkable yogurt. The Food Safety Standards outlined in the Food Standards Code ensure that drinkable yogurt manufacturers adhere to strict food safety practices. This includes maintaining hygiene during production, storage, and transportation, as well as implementing Hazard Analysis Critical Control Point (HACCP) plans to identify and control potential hazards. Australia hosts various food and beverage expos and trade shows where drinkable yogurt brands and manufacturers can showcase their products. These events, such as Fine Food Australia, Foodservice Australia, or Naturally Good Expo, provide opportunities to network with industry professionals, introduce new products, and gain visibility in the market. The market for drinkable yoghurt in Australia is a reflection of shifting customer preferences towards more practical and healthy solutions. The industry offers plenty of chances for businesses to respond to various consumer demands and preferences while aligning with developing environmental concerns due to the large variety of products, packaging options, and distribution channels. Recent Developments: • In 2021, Chobani Australia launched a new range of drinkable yogurt products called Chobani Probiotic. These drinks contain live and active cultures, along with functional ingredients like vitamins, minerals, and fiber. The launch aimed to cater to the growing demand for functional and gut-friendly beverages. • In 2019, Jalna Dairy Foods introduced a new line of drinkable yogurt called Jalna Lactose Free Yoghourt. This product was specifically designed for lactose-intolerant individuals, offering them a dairy-based drinkable yogurt option that is easier to digest.

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Kripa Shah

Senior Analyst

Considered in this report • Geography: Australia • Historic year: 2017 • Base year: 2022 • Estimated year: 2023 • Forecast year: 2028 Aspects covered in this report • Australia Drinkable yogurt market with its value and forecast along with its segments • Various drivers and challenges • On-going trends and developments • Top profiled companies • Strategic recommendation By Category • Dairy-based • Non-dairy based

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By Type • Flavoured • Plain BY Distribution Channel • Hypermarket and supermarket • Convenience store • Speciality store • Online • Other By Packaging • Cup • Bottles • Tetra pack • Pouch The approach of the report: This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and listing out the companies that are present in the market. The secondary research consists of third-party sources such as press releases, annual reports of companies, and analysing government-generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducting trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers in regional aspects, tier aspects, age groups, and gender. Once we have primary data with us. we have started verifying the details obtained from secondary sources. Intended audience This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to the Bottled water Market, government bodies, and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.