The latest report by IMARC Group, titled “ Vegan Yogurt Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028“, The global vegan yogurt market size reached US$ 2.5 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 6.6 Billion by 2028, exhibiting a growth rate (CAGR) of 18% during 2023-2028.
Vegan yogurt or non-dairy yogurt is made from plant-based sources, such as soy, almond, coconut, hemp, oat, and cashews. It is rich in fiber, calcium, protein, and probiotics that aid in improving the digestive health. It also comprises antioxidants and vitamins, which protect cells against damage and assist in the maintenance of healthy skin, hair, and nails. Moreover, healthy fats in vegan yogurt strengthens bone and promotes cardiac health by lowering the risk of heart disease and hypertension. At present, it is easily available in hypermarkets, supermarkets, convenience stores, and online stores across the globe.
For an in-depth analysis, you can refer sample copy of the report: https://www.imarcgroup.com/vegan-yogurt-market/requestsample
Vegan Yogurt Market Trends and Drivers:
The rising adoption of veganism and consequently increasing consumption of vegan yogurt for weight management and improving gut health represents one of the key factors positively influencing the market. In addition, key market players are introducing various variants, such as regular, vanilla, strawberry, mixed berry, raspberry, and peach. This, coupled with a significant expansion of the e-commerce sector on account of the rising reliance on smart devices, is propelling the growth of the market across the globe. Furthermore, inflating disposable incomes and the escalating demand for healthy and nutritious products on account of increasing health consciousness among the masses are contributing to the market growth.
Report Segmentation:
The report has segmented the market into the following categories:
Breakup by Source:
- Almond
- Soy
- Coconut
- Others
Breakup by Flavor:
- Vanilla
- Strawberry
- Mixed Berry
- Raspberry
- Peach
- Others
Breakup by Application:
- Frozen Dessert
- Food
- Beverages
- Others
Breakup by Distribution Channel:
- Hypermarkets and Supermarkets
- Convenience Stores
- Online Stores
- Others
Market Breakup by Region:
- North America (United States, Canada)
- Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa
Competitive Landscape with Key Player:
- Barambah Organics Pty Ltd.
- Blue Diamond Growers
- Daiya Foods Inc. (Otsuka Pharmaceutical Co. Ltd.)
- Dean Foods (Dairy Farmers of America)
- General Mills Inc.
- Granarolo S.p.A.
- The Hain Celestial Group Inc.
- Vitasoy
- White Wave Foods (Danone)
Note: If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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