Zenith Savoury Yogurt Innovation Report Web Sample

Zenith Insight report

2016 savoury yogurt innovation A review of recent trends and new product development

December 2016

Copyright All copyright in this document is reserved.

Liability This document contains information and may contain conclusions and recommendations. Every effort has been made to ensure that the information is accurate and that the opinions expressed are sound. However, Zenith Global Ltd cannot be made liable for any errors or omissions or for any losses or consequential losses resulting from decisions based on the information.

Important notice on distribution This report should not be quoted, referred to or transmitted to another party, in whole or in part, with out the prior written consent of Zenith Global Ltd. Should you desire to release a copy of this report to another party for information purposes, we request you and the requesting party to indemnify Zenith Global Ltd from any liability related to the report distribution. Such readers however will not be considered “users� of this report.

2

Š Zenith Global Ltd 2016

contents section

3

page

1. introduction and scope

5

2. category overview

7

2.1 global trends and development in savoury yogurt consumption

8

2.2 challenges and barriers

11

2.3 insights and opportunities

12

2.4 global growth opportunities

13

2.5 what manufacturers say about savoury yogurt

14

3. brand profiles

15

3.1 brand profiles: Asia Pacific

16

3.2 brand profiles: Europe

30

3.3 brand profiles: Latin America

40

3.4 brand profiles: North America

42

Š Zenith Global Ltd 2016

1. introduction and scope

4

© Zenith Global Ltd 2016

1. introduction and scope savoury yogurt innovation Overview

Scope

The aim of this report is to assess developments in the savoury yogurt sector, identifying and summarising trends and new innovations in order to understand what opportunities exist for new product development.

A global market overview of trends and developments, featuring brand profiles to benchmark against leading and innovative savoury yogurt brand worldwide, tracking innovation within the savoury yogurt category as well as investigating the future outlook of the market.

Categories covered in this report: •

Spoonable yogurts and yogurt drinks.

Products profiled in this report contain features that span a number of trends shaping the future of the savoury yogurt sector, including: • Introduction of new flavours • Move to natural and organic ingredients • Low sugar content / zero-fat • Premium positioning • Child-oriented • Clean labelling • High protein • Convenience

5

© Zenith Global Ltd 2016 © Zenith Global Ltd 2016

1. introduction and scope savoury yogurt innovation Definition: savoury yogurt For the purpose of this report, Zenith has limited its research scope using the following definition: •

Made from fermented milk with added bacteria, yogurt can be spoonable, drinkable or squeezable. Savoury yogurt is classified as yogurt which features savoury flavours, such as salt, hot spices and vegetables as well as seeds and nuts. These flavours can be used in combination with sweet and fruit flavours or in isolation.

Coverage Innovative products launched between 2006 and 2016 with a focus on new product development and innovation activity between 2014 and 2016.

6

Š Zenith Global Ltd 2016

2. category overview

7

© Zenith Global Ltd 2016

2.1 category overview global trends and development in savoury yogurt consumption • Commentary • Commentary • Commentary

8

© Zenith Global Ltd 2016

2.1 category overview global trends and development in savoury yogurt consumption Region: Commentary Region: Commentary Region: Commentary

9

Š Zenith Global Ltd 2016

2.1 category overview global trends and development in savoury yogurt consumption Trend: Commentary Trend: Commentary Trend: Commentary

10

Š Zenith Global Ltd 2016

2.2 category overview savoury yogurt - challenges and barriers challenges and barriers

11

•

Commentary

•

Commentary

•

Commentary

© Zenith Global Ltd 2016

2.3 category overview savoury yogurt - insights and opportunities insights and opportunities

12

•

Commentary

•

Commentary

•

Commentary

© Zenith Global Ltd 2016

2.4 category overview global growth opportunities

Region

Commentary

Strong Medium Low 13

Š Zenith Global Ltd 2016

3. brand profiles

14

Š Zenith Global Ltd 2016

3.1 brand profiles Asia pacific

15

Š Zenith Global Ltd 2016

3.1 Asia Pacific Australia

Yummia

Yummia, Australia

www.yummia.com.au

Product information: Addressing the needs of “people living such hectic lifestyles whilst trying to stay healthy”, Australian company Yummia expanded its yogurt portfolio with the launch of three varieties mixing fruits and vegetables: strawberry-beetroot, apple-carrot, and sweet potato-cinnamon. The naturally thick and creamy Greek strained yogurts are retailed in plastic tubs, with each coming with a spoon for convenience. Yummia's yogurt range contains two of the five recommended daily portions of fruit and vegetables and also features a ‘five star health rating’ which allocates stars to foods based on their nutrition content. This innovation extends Yummia’s current product portfolio, which includes a range of bircher muesli in apple-cinnamon, date-coconut, and fig-cranberry.

Launch date: June 2015 Variants: Strawberry & Beetroot; Apple & Carrot; Sweet Potato & Cinnamon Ingredients: Yogurt 80% (skim milk, milk solids, cream, cultures), fruit and vegetables purée 20%, sugar, water, thickener, acidity regulator, preservative, natural flavour Pack size & type: Plastic tub: 150g Price: AUS 3.00 per 150g tub

16

© Zenith Global Ltd 2016

3.2 brand profiles Europe

17

Š Zenith Global Ltd 2016

3.3 brand profiles Latin America

18

Š Zenith Global Ltd 2016

3.4 brand profiles North America

19

Š Zenith Global Ltd 2016

contact us We hope you have found this report insightful. Please help us improve our reports further by providing your feedback here To subscribe to FREE daily industry news from Zenith, please click here For further information regarding this report, or for a tailor made study specific to your requirements please contact us at:

Zenith Global Ltd, UK Tel: +44 (0)1225 397900 misales@zenithglobal.com www.zenithglobal.com

20

Š Zenith Global Ltd 2016

Accurate, up to date global food and drinks market research and forecasting to support market strategy. Expert analysis of industry, competitors, consumers, trends, forecasts and latest product innovations. Off the shelf reports, bespoke reports, online databases.

Advice on overall strategy, business planning, entering new markets, finding contract manufacturers and distributors and having your product listed with retailers. Also, transaction services including sale mandates, target searches, valuation and due diligence.

Turnkey design and build of production facilities, site searches, manufacturing efficiency improvements, cost reduction, quality and food safety. Expertise in finding a water source, assessing water quality and volume, drilling and testing boreholes, obtaining a licence and reducing water use. Beverage formulation design and development, ingredient innovation, packaging design and advice on labels.

Global and regional industry conferences, providing detailed market insights and exclusive networking opportunities with key executives from the global food and drink sectors. Daily, weekly, bespoke news services to stay abreast of fast moving changes.

21

Š Zenith Global Ltd 2016