Global Dairy-Free Yogurt Market By, Type (Almond, Coconut, Cashew, Soy, Oat, Hemp, Rice, Others), Flavour (Original/Plain, Vanilla, Strawberry, Blueberry, Mango, Raspberry, and Peach), Category (Conventional, Organic), Packaging Type (Tubs, Pouches, Others), End-User (Household, Food Service Industry), Distribution Channel (Store Based, Non-Store Based), Country (U.S., Canada, Mexico, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, U.A.E, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa) Industry Trends and Forecast to 2029
Market Analysis and Insights : Global Dairy-Free Yogurt Market
The dairy-free yogurt market is expected to witness market growth at a rate of 18.7% in the forecast period of 2022 to 2029. Data Bridge Market Research report on dairy-free yogurt market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The rise in health consciousness globally is escalating the growth of dairy-free yogurt market.
Dairy free yogurt refers to an alternative to traditional yogurt that is produced from bovine milk. Dairy free yogurts are generally made from plant based ingredient such as fruits, vegetables and nuts, among others. These yogurts are available in various flavors including strawberry, plain, raspberry and chocolate, among others.
The rise in prevalence of lactose intolerance across the globe acts as one of the major factors driving the growth of dairy-free yogurt market. The shift in consumer eating patterns and change in diet trends, and high adoption of the products owning to their ability to risk of heart disease, obesity, and diabetics, among others accelerate the market growth. The increase in consumer base that is opting for plant-based and other dairy alternatives and rise in the trend of almond milk among population because of its low in calories, enriched with vitamin D further influence the market. Additionally, adoption of natural food products, media influence on consumer awareness, rise in health consciousness and surge in spending on food positively affect the dairy-free yogurt market. Furthermore, favorable marketing and correct positioning of dairy free products extend profitable opportunities to the market players in the forecast period of 2022 to 2029.
On the other hand, higher manufacturing cost and fluctuations in the price of raw material are expected to obstruct the market growth. The limited awareness among consumers is projected to challenge the dairy-free yogurt market in the forecast period of 2022-2029.
This dairy-free yogurt market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on dairy-free yogurt market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Dairy-Free Yogurt Market Scope and Market Size
The dairy-free yogurt market is segmented on the basis of type, flavor, category, packaging type, end-user, and distribution channel. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of type, the dairy-free yogurt market is segmented into almond, cashew, hemp, coconut, soy, oat, rice and others.
- On the basis of flavour, the dairy-free yogurt market is segmented into original/plain, strawberry, blueberry, mango, raspberry and peach.
- On the basis of category, the dairy-free yogurt market is segmented into conventional, and organic.
- On the basis of packaging type, the dairy-free yogurt market is segmented into store based, and non-store based. Store based is further segmented into supermarkets and hypermarkets, convenience stores and others.
- On the basis of end-user, the dairy-free yogurt market is segmented into household, and food service industry.
- On the basis of distribution channel, the dairy-free yogurt market is segmented into supermarkets/hypermarkets, retail and grocery stores and online market.
Dairy-Free Yogurt Market Country Level Analysis
The dairy-free yogurt market is analyzed and market size, volume information is provided by country, type, flavor, category, packaging type, end-user, and distribution channel as referenced above.
The countries covered in the global dairy-free yogurt market report are the U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
Europe dominates the dairy-free yogurt market because of the increase in demand for plant-based foods among customers, and rise in the disposable income of individuals within the region. Asia-Pacific is expected to witness growth during the forecast period of 2022 to 2029 due to the growing incidences of lactose intolerance and lactose sensitivity in the region.
The country section of the dairy-free yogurt market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Dairy-Free Yogurt Market Share Analysis
The dairy-free yogurt market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to dairy-free yogurt market.
Some of the major players operating in the dairy-free yogurt market report are Danone SA, COYO Pty. Ltd., Forager Project, The Coconut Collaborative, Lavva, Amy's Kitchen, Barry Callebaut, Cargill, Chr. Hansen, Crowley Foods, Daiya Foods, Doves Farm Food, Edlong Dairy Technologies, Emmi, Fonterra, Galaxy Nutritional Foods, Good Karma Foods Inc., NANCY’s, Hain Celestial, Daiya Foods Inc., Oatly AB, YOSO, Amande Cultured Almond Milk, Vitasoy, WhiteWave Services, and Yoplait, among others.
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