Global Dairy Free Yogurt Market is expected to reach USD 38,598.75 million by 2025 at a CAGR of 18.2% in the forecast period 2018 to 2025. The new market report contains data for historic year 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
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The global dairy free yogurt market highly concentrated to a few big players and rest to local players who cater to domestic markets only. Danone SA dominated the dairy free yogurt market accounting for a highest market share in 2017, followed by Nush Foods, Hain Celestial and Oatly AB. Other players in this market include are Kite Hill, The Luz Almond Company Pty Ltd., Halsa Foods, Amande yogurt, Nulac foods, Nudie and Yoso among others.
DANONE SA:
Founded in 1919 and headquartered in Paris, France. Danone SA is focused on manufacturing and distribution of nutritional diary and water products. The company is engaged in food processing industry. The company operates through three business segments; Essential dairy and plant based products, Waters and Special nutrition. The company sells its products under various brand names such as Activia, Actimel, Alpro, Danette, Danonino, Danio, evian, Volvic, Nutrilon/Aptamil, Nutricia, Aqua, Blédina, Cow & Gate, Bonafont, Horizon Organic, Mizone, Oikos, Prostokvashino, Silk and Vega. The dairy free yogurt products are available in essential dairy and plant based products segment.
The company has strong geographic presence in Europe, North America and Asia-Pacific, Latin America and Middle East, Africa among others along with its subsidiaries like DANONE DJURDJURA, DANONE ARGENTINA SA, NV DANONE SA and DANONE INC. among others.
RECENT DEVELOPMENT:
- In April, Danone SA (France) operating in North America) along with the two subsidiaries in US and Canada achieved B Corp Certification. With the help of this certification the companies will be operating in their business to benefit best values to the customers. The company achieved sustainability in North America by receiving this certification.
- In February, Danone SA (France) entered into a partnership with Yakult, which is a Japan based company. This partnership has strengthened their relationship. The partnership aimed at promoting probiotics as a part of balanced diet. Also, Yakult will expand their business in other European markets such as Spain, where the company is not currently engaged in substantial business.
NUSH FOODS:
Founded in 2014 and headquartered in London, U.K. Nush Foods is engaged in producing and selling of dairy free products. The product category of the company includes Almond range, Cashew range and Nush Tubes. The dairy free yogurts are available in Almond range product category of the company. The company imports high quality of almonds from Silicy, Greece.
The company has strong geographic presence in U.K.
HAIN CELESTIAL:
Founded in 1993 and headquartered in New York, U.S. Hain Celestial is focused on manufacturing, marketing, distributing and selling of natural, organic, medically directed (sugar-free and low-salt), snack and weight management food products across the globe. The product category of the company includes grocery, poultry/protein, snacks, personal care, and tea. The dairy free yogurt products are available in grocery product category. Formerly known as Hain Food Group changed, its name changed to The Hain Celestial Group when it was acquired by Celestial Seasonings in 2000. The company has various subsidiaries across the globe. Some of the company’s subsidiaries include Ella’s Kitchen (U.K.), Hain Europe NV (Austria), Dana Alexander, Inc. (Germany), Plainville Farms LLC (U.S.), Natumi AG (Germany) among others. The company has its global presence in U.K. and U.S. among others.
