>Global Organic Soy Yogurt Market, By Flavour (Vanilla, Strawberry, Mixed Berry, Raspberry, Peach, Others), Application (Frozen Dessert, Food, Beverages, Others), Distribution Channel (Hypermarkets and Supermarkets, Convenience Stores, Online Stores, Others), 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 2028
Market Analysis and Insights: Global Organic Soy Yogurt Market
The organic soy yogurt market is expected to witness market growth at a rate of 5.1% in the forecast period of 2021 to 2028 and is expected to reach USD 0.61 billion by 2028. Data Bridge Market Research report on the organic soy 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 demands for low-fat and fat-free yogurt is escalating the growth of the organic soy yogurt market.
Organic soy yogurt refers to an alternative to dairy-based yogurt, which is generally made from milk substitutes obtained from soy. The raw materials are grounded together with water to produce vegan yogurt, which is rich in probiotics. This turns the yogurt into a healthy snack and an alternative for the lactose intolerant population.
The increase in the inclination towards dairy-free products among millennials across the globe acts as one of the major factors driving the growth of the organic soy yogurt market. The rise in consumer spending on plant-based products because of the rising prevalence of disorders, including milk allergies among the common mass, especially in developed economies, and the increase in the incidences of lactose intolerance among the population accelerate the market growth. The rise in awareness about the nutritional benefits of an animal-free diet and numerous non-government organizations (NGOs) promoting the welfare of farm animals further influence the market. Additionally, change in consumer lifestyle, increase in soymilk consumption, rise in population globally, urbanization, the surge in disposable income, and increased awareness positively affect the organic soy yogurt market. Furthermore, the launch of an increasing variety of soy yogurt extends profitable opportunities to the market players in the forecast period of 2021 to 2028.
- On the other hand, higher costs than other dairy yogurts and high manufacturing costs are expected to obstruct the market growth Fluctuations in the price of raw materials are projected to challenge the organic soy yogurt market in the forecast period of 2021 to 2028.
This organic soy 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 organic soy 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.
Organic Soy Yogurt Market Scope and Market Size
The organic soy yogurt market is segmented on the basis of flavour, application 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 flavour, the organic soy yogurt market is segmented into vanilla, strawberry, mixed berry, raspberry, peach and others.
- On the basis of application, the organic soy yogurt market is segmented into frozen dessert, food, beverages and others.
- On the basis of distribution channel, the organic soy yogurt market is segmented into hypermarkets and supermarkets, convenience stores, online stores and others.
Global Organic Soy Yogurt Market Country Level Analysis
The frozen yogurt market is analysed and market size, volume information is provided by country, flavour, application and distribution channel as referenced above.
The countries covered in the global organic soy 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 organic soy yogurt market because of the increase in the number of campaigns on social media and satellite television channels within the region. Asia-Pacific is expected to witness the fastest growth during the forecast period of 2021 to 2028 due to the rise in awareness about gluten-free products on a domestic level in the region.
The country section of the organic soy 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 Organic Soy Yogurt Market Share Analysis
The organic soy 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 the organic soy yogurt market.
The major players covered in the organic soy yogurt market report are Danone SA, COYO Pty. Ltd., Forager Project, The Coconut Collaborative, Lavva, Good Karma Foods Inc., NANCY’s, Hain Celestial, Daiya Foods Inc., Oatly AB, YOSO, Amande Cultured Almond Milk, Vitasoy, WhiteWave Services, and Yoplait, among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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