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Vegan Yogurt Market, By Source (Soy, Almond, Oats, Coconut, and Others), By Distribution Channel (Hypermarket/Supermarket, Convenience Stores, Specialty Stores, Online, and Others), By Geography (North America, Latin America, Europe, Asia Pacific, Middle East & Africa)

  • Published In : May 2024
  • Code : CMI5427
  • Pages :120
  • Formats :
      Excel and PDF
  • Industry : Food and Beverages
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The vegan yogurt market is estimated to be valued at USD 3.63 Bn in 2024, exhibiting a compound annual growth rate (CAGR) of 18.6% from 2024 to 2031. The vegan yogurt market has seen significant growth over the past few years driven by the rising health and wellness trends along with increased awareness about the benefits of plant-based and organic products. More consumers are now switching to vegan versions of regular dairy products as they seek to reduce their consumption of animal products and adopt a sustainable and ethical lifestyle. Several health conditions including lactose intolerance as well as allergy to dairy also contribute to the rising demand for dairy-free alternatives like vegan yogurt. With nutritional value comparable to dairy yogurt and diverse range of flavors and textures, vegan yogurts are emerging as a popular substitute. Leading manufacturers are innovating with novel ingredients to replicate the taste and texture of dairy yogurt closely and appeal to both vegan as well as non-vegan consumers.

 Market Dynamics:

The global vegan yogurt market is driven by the rising health consciousness, along with increasing cases of lactose intolerance and milk allergy globally. Growing awareness about the various health benefits of plant-based and organic products is also fueling the market growth. However, higher prices of vegan yogurts compared to dairy equivalents and perceived lower nutritional value are some of the factors limiting their widespread adoption. Major opportunities include product innovation with exotic flavors and formats, as well as rising investment in brand promotion and marketing. Sustained focus on R&D to further enhance product quality is crucial to sustaining the growth momentum.

 Key Features of the Study:

  • This report provides an in-depth analysis of the global vegan yogurt market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2024–2031), considering 2023 as the base year.
  • It elucidates potential revenue growth opportunities across different segments and explains attractive investment proposition matrices for this market.
  • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by key players.
  • It profiles key players in the global vegan yogurt market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies.
  • Key companies covered as a part of this study include Met Foods, Cocos Organic, Hain Celestial, EasiYo Products Limited, Danone, General Mills Inc., Stonyfield Farm, Inc., Daiya Foods Inc, Good Karma Foods, Inc., Hudson River Foods, NANCY'S, Kite Hill, COYO Pty Ltd., Nush Foods, Chobani, LLC, Barambah Organics Pty Ltd, Blue Diamond Growers, Dean Foods, General Mills Inc., and Granarolo S.P.A.
  • Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics.
  • The global vegan yogurt market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
  • Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global vegan yogurt market.

Detailed Segmentation-

  • By Source:
    • Soy
    • Almond
    • Oats
    • Coconut
    • Others
  • By Distribution Channel:
    • Hypermarket/Supermarket
    • Convenience Stores
    • Specialty Stores
    • Online
    • Others
  • By Region:
    • North America
    • Europe
    • Asia Pacific
    • Latin America
    • Middle East & Africa
  • Company Profiles:
    • Met Foods
    • Cocos Organic
    • Hain Celestial
    • EasiYo Products Limited
    • Danone
    • General Mills Inc.
    • Stonyfield Farm, Inc.
    • Daiya Foods Inc
    • Good Karma Foods, Inc.
    • Hudson River Foods
    • NANCY'S
    • Kite Hill
    • COYO Pty Ltd.
    • Nush Foods
    • Chobani, LLC
    • Barambah Organics Pty Ltd
    • Blue Diamond Growers
    • Dean Foods
    • General Mills Inc.
    • Granarolo S.P.A.

Table of Contents

  1. Research Objectives and Assumptions
    • Research Objectives
    • Assumptions
    • Abbreviations
  2. Market Purview
    • Report Description
      • Market Definition and Scope
    • Executive Summary
      • Market Snippet, By Source
      • Market Snippet, By Distribution Channel
      • Market Snippet, By Region
    • Coherent Opportunity Map (COM)
  3. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
      • Restraints
      • PEST Analysis
      • PORTER’s Five Forces Analysis
      • Market Opportunities
      • Regulatory Scenario
      • Industry Trend
      • Mergers and Acquisitions
  4. Global Vegan Yogurt Market - Impact of Coronavirus (COVID-19) Pandemic
    • Overview
    • Factors Affecting the Global Vegan Yogurt Market
    • Impact Analysis
  5. Global Vegan Yogurt Market, By Source, 2019-2031, (US$ Bn)
    • Introduction
      • Market Share Analysis, 2024, 2027 and 2031 (%)
      • Y-o-Y Growth Analysis, 2019 - 2031
      • Segment Trends
    • Soy
      • Market Share Analysis, 2024, 2027 and 2031 (%)
      • Y-o-Y Growth Analysis, 2019 - 2031
      • Segment Trends
    • Almond
      • Market Share Analysis, 2024, 2027 and 2031 (%)
      • Y-o-Y Growth Analysis, 2019 - 2031
      • Segment Trends
    • Oats
      • Market Share Analysis, 2024, 2027 and 2031 (%)
      • Y-o-Y Growth Analysis, 2019 - 2031
      • Segment Trends
    • Coconut
      • Market Share Analysis, 2024, 2027 and 2031 (%)
      • Y-o-Y Growth Analysis, 2019 - 2031
      • Segment Trends
    • Others
      • Market Share Analysis, 2024, 2027 and 2031 (%)
      • Y-o-Y Growth Analysis, 2019 - 2031
      • Segment Trends
  6. Global Vegan Yogurt Market, By Distribution Channel, 2019-2031, (US$ Bn)
    • Introduction
      • Market Share Analysis, 2024, 2027 and 2031 (%)
      • Y-o-Y Growth Analysis, 2019 - 2031
      • Segment Trends
    • Hypermarket/Supermarket
      • Market Share Analysis, 2024, 2027 and 2031 (%)
      • Y-o-Y Growth Analysis, 2019 - 2031
      • Segment Trends
    • Convenience Stores
      • Market Share Analysis, 2024, 2027 and 2031 (%)
      • Y-o-Y Growth Analysis, 2019 - 2031
      • Segment Trends
    • Specialty Stores
      • Market Share Analysis, 2024, 2027 and 2031 (%)
      • Y-o-Y Growth Analysis, 2019 - 2031
      • Segment Trends
    • Online
      • Market Share Analysis, 2024, 2027 and 2031 (%)
      • Y-o-Y Growth Analysis, 2019 - 2031
      • Segment Trends
    • Others
      • Market Share Analysis, 2024, 2027 and 2031 (%)
      • Y-o-Y Growth Analysis, 2019 - 2031
      • Segment Trends
  7. Global Vegan Yogurt Market, By Region, 2019-2031, (US$ Bn)
    • Introduction
      • Market Share Analysis, By Region, 2024, 2027 and 2031 (%)
      • Y-o-Y Growth Analysis, For Region, 2019-2031
    • North America
      • Introduction
      • Market Size and Forecast, By Source, 2019 – 2031, (US$ Bn)
      • Market Size and Forecast, By Distribution Channel, 2019 – 2031, (US$ Bn)
      • Market Size and Forecast, By Country, 2019 – 2031, (US$ Bn)
        • U.S.
        • Canada
    • Latin America
      • Introduction
      • Market Size and Forecast, By Source, 2019 – 2031, (US$ Bn))
      • Market Size and Forecast, By Distribution Channel, 2019 – 2031, (US$ Bn)
      • Market Size and Forecast, By Country, 2019 – 2031, (US$ Bn)
        • Brazil
        • Argentina
        • Mexico
        • Rest of Latin America
    • Europe
      • Introduction
      • Market Size and Forecast, By Source, 2019 – 2031, (US$ Bn)
      • Market Size and Forecast, By Distribution Channel, 2019 – 2031, (US$ Bn)
      • Market Size and Forecast, By Country, 2019 – 2031, (US$ Bn)
        • U.K.
        • Germany
        • Italy
        • France
        • Spain
        • Russia
        • Rest of Europe
    • Asia Pacific
      • Introduction
      • Market Size and Forecast, By Source, 2019 – 2031, (US$ Bn)
      • Market Size and Forecast, By Distribution Channel, 2019 – 2031, (US$ Bn)
      • Market Size and Forecast, By Country, 2019 – 2031, (US$ Bn)
        • China
        • India
        • Japan
        • ASEAN
        • Australia
        • South Korea
        • Rest of Asia Pacific
    • Middle East & Africa
      • Introduction
      • Market Size and Forecast, By Source, 2019 – 2031, (US$ Bn)
      • Market Size and Forecast, By Distribution Channel, 2019 - 2031 (US$ Bn)
      • Market Size and Forecast, By Country, 2019 – 2031, (US$ Bn)
        • GCC Countries
        • Israel
        • Rest of Middle East & Africa
  8. Competitive Landscape
    • Market Share Analysis
    • Company Profiles
      • Met Foods
        • Company Overview
        • Product Portfolio
        • Recent Developments/Updates
      • Cocos Organic
        • Company Overview
        • Product Portfolio
        • Recent Developments/Updates
      • Hain Celestial
        • Company Overview
        • Product Portfolio
        • Recent Developments/Updates
      • EasiYo Products Limited
        • Company Overview
        • Product Portfolio
        • Recent Developments/Updates
      • Danone
        • Company Overview
        • Product Portfolio
        • Recent Developments/Updates
      • General Mills Inc.
        • Company Overview
        • Product Portfolio
        • Recent Developments/Updates
      • Stonyfield Farm, Inc.
        • Company Overview
        • Product Portfolio
        • Recent Developments/Updates
      • Daiya Foods Inc
        • Company Overview
        • Product Portfolio
        • Recent Developments/Updates
      • Good Karma Foods, Inc.
        • Company Overview
        • Product Portfolio
        • Recent Developments/Updates
      • Hudson River Foods
        • Company Overview
        • Product Portfolio
        • Recent Developments/Updates
      • NANCY'S
        • Company Overview
        • Product Portfolio
        • Recent Developments/Updates
      • Kite Hill
        • Company Overview
        • Product Portfolio
        • Recent Developments/Updates
      • COYO Pty Ltd.
        • Company Overview
        • Product Portfolio
        • Recent Developments/Updates
      • Nush Foods
        • Company Overview
        • Product Portfolio
        • Recent Developments/Updates
      • Chobani, LLC
        • Company Overview
        • Product Portfolio
        • Recent Developments/Updates
      • Barambah Organics Pty Ltd
        • Company Overview
        • Product Portfolio
        • Recent Developments/Updates
      • Blue Diamond Growers
        • Company Overview
        • Product Portfolio
        • Recent Developments/Updates
      • Dean Foods
        • Company Overview
        • Product Portfolio
        • Recent Developments/Updates
      • General Mills Inc.
        • Company Overview
        • Product Portfolio
        • Recent Developments/Updates
      • Granarolo S.P.A.
        • Company Overview
        • Product Portfolio
        • Recent Developments/Updates
  9. Analyst Recommendations
    • Wheel of Fortune
    • Analyst View
    • Coherent Opportunity Map
  10. Section
    • References
    • Research Methodology
    • About Us and Sales Contact

* Browse 25 market data tables* and 20 figures* on "Global Vegan Yogurt Market” - Global forecast to 2031.

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