Non-Dairy Yogurt Market Expected To Reach Around $14.53 Billion By 2032

According to a report from Zion Market Research, the global Global Non-Dairy Yogurt Market was valued at USD 8.35 Billion in 2023 and is projected to hit USD 14.53 Billion by 2032, with a compound annual growth rate (CAGR) of 5.7% during the forecast period 2024-2032. Few of the leading players active in the global non-dairy yogurt market consist of The Hain Celestial Group, Yoso, The Whitewave Foods Company, Inc., COYO, Coconut Grove Yogurt, General Mills, and Crunch Culture, among others.

Increasing Alertness About Health Benefits Of Non-Dairy Yogurt Products To Boost Market Growth

The growth of the global non-dairy yogurt market is mainly propelled by factors like the growing wakefulness regarding the health advantages of non-dairy yogurt products, the increasing count of product launches, and the mounting importance of vegan food. Further, the increasing advancements in product formulation have been recognized as a vital trend in the non-dairy yogurt market. Market players are concentrating on formulating novel non-dairy yogurt products by mixing several nut-based and plant-based milk. To cite, plant-based yogurt substitutes are provided by Forager Project within its Cashewgurt brand that is prepared by mixing components, like coconut milk, coconut cream, and cashew milk with fruits, tapioca starch, and cane sugar.

Such improvements in product formulation are anticipated to drive the growth of the global non-dairy yogurt market during the forecast period. Nevertheless, the changing costs of components utilized in product formulation, strict norms associated with labeling & marketing of non-dairy yogurt products, along with the rising count of product recalls might obstruct the global non-dairy yogurt market growth during the years to come.

Almond-Based Yogurt Segment, By Product Type, To Grab Maximum Market Share

The global non-dairy yogurt market, on the basis of product type, is categorized into almond yogurt, soy yogurt, oats yogurt, coconuts yogurt, pea yogurt, rice yogurt, and others. among these, the almond-based yogurt segment is expected to grab the biggest market share owing to the increasing infiltration of organized retailing channels providing almond-based non-dairy yogurt of a range of brands. The global non-dairy yogurt market, on the basis of nature, is classified into conventional and organic. The market, based on form, is categorized into spoonable and drinkable.

The market, based on flavors, is bifurcated into flavored and plain/unflavored. The market, on the basis of distribution channel, is divided into independent retailers, convenience stores, mass merchandisers, supermarkets/hypermarkets, specialist stores, and others.

Europe Anticipated To Dominate The Global Market During The Forecast Period

Regionally, Europe is anticipated to lead the global non-dairy yogurt market as a result of the rising appeal for flavored yogurt and the mounting stipulation from the food & beverage industries in this region. In nations like France and the United Kingdom, there is an elevated stipulation for flavored yogurt, which has propelled the product demand in this region, thus fueling market expansion. Also, Asia Pacific is projected to witness a substantial growth rate during the forecast period on account of the increasing health consciousness among people and the growing disposable income in this region.

Browse the full “Global Non-Dairy Yogurt Market - By Nature (Conventional And Organic), By Product (Almond Yogurt, Soy Yogurt, Oats Yogurt, Coconuts Yogurt, Pea Yogurt, Rice Yogurt, And Others), By Flavor (Flavored And Plain/Unflavored), By Form (Spoonable And Drinkable), By Distribution Channel (Mass Merchandisers, Independent Retailers, Convenience Stores, Supermarkets/Hypermarkets, Specialist Stores, And Others), And By Region- Global Industry Perspective, Comprehensive Analysis, And Forecast, 2024 – 2032.” Report at https://www.zionmarketresearch.com/report/non-dairy-yogurt-market

The global non-dairy yogurt market is segmented as follows:

By Product Type

• Soy Yogurt
• Almond Yogurt
• Coconuts Yogurt
• Oats Yogurt
• Rice Yogurt
• Pea Yogurt
• Others

By Nature

• Organic
• Conventional

By Form

• Drinkable
• Spoonable

By Flavor

• Plain/Unflavored
• Flavored

By Distribution Channel

• Convenience Stores
• Independent Retailers
• Specialist Stores
• Supermarkets/Hypermarkets
• Mass Merchandisers
• Others

By Region

• North America
  • The U.S.
  • Canada
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa

About Us:

Zion Market Research is an obligated company. We create futuristic, cutting-edge, informative reports ranging from industry reports, the company reports to country reports. We provide our clients not only with market statistics unveiled by avowed private publishers and public organizations but also with vogue and newest industry reports along with pre-eminent and niche company profiles. Our database of market research reports comprises a wide variety of reports from cardinal industries. Our database is been updated constantly in order to fulfill our clients with prompt and direct online access to our database. Keeping in mind the client’s needs, we have included expert insights on global industries, products, and market trends in this database. Last but not the least, we make it our duty to ensure the success of clients connected to us—after all—if you do well, a little of the light shines on us.

Contact Us:

Zion Market Research
244 Fifth Avenue, Suite N202
New York, 10001, United States
Tel: +49-322 210 92714
USA/Canada Toll-Free No.1-855-465-4651
Email: sales@zionmarketresearch.com
Website: https://www.zionmarketresearch.com