The global non-dairy yogurt market, spurred is anticipated to witness an increase throughout the next ten years due to advancements in flavoured yoghurt variations.Plant-based product consumption is expected to be the primary driver of the non-dairy yoghurt industry, which is expected to reach USD 12.2 billion by the end of 2032.Another major factor driving the non-dairy yoghurt market’s rise is the growing popularity of natural and organic products.
By 2022, organic non-dairy yoghurt will make up a third of the worldwide market, in contrast to conventional goods.Nonetheless, it is anticipated that this share will increase soon, with a market value of more than $3 billion by year’s end.projected time frame.Because flavoured non-dairy yoghurt is widely available and has been introduced with new flavours, there is an increasing demand for it.
Discover the Future of Non-Dairy Yogurt: Get Your Sample Report Now :
https://www.futuremarketinsights.com/reports/sample/rep-gb-4120
Key Implications – Non-dairy Yogurt Market Study
- Demand for coconut yogurt will increase at a CAGR of ~5.8% during the forecast period (2022-2032).
- In the global market, the global demand for soybean-dairy yogurt is equivalent to approximately US$2 billion and will account for two-fifths of total market revenues in the near future.
- Sales of non-dairy yogurt are expected to be higher in South and East Asian countries.
- Organic non-dairy yogurt has not yet entered the mainstream.
- The growing demand for natural and organic plant foods among consumers has increased the use of non-dairy yogurts in the food and beverage industry.
- Populations allergic to nuts and seeds may remain a long-standing penetration problem faced by non-dairy yogurt market players.
- Consumer choices today reflect a preference for non-dairy yogurts to be healthy and cost-effective, along with the social and moral values of providing ethical and environmentally friendly products to these consumers.
The increasing incidence of lactose intolerance leads to a significant demand for lactose-free plant-based dairy products. These products that are witnessing high demand include soy yogurt, almond yogurt, coconut yogurt, oat yogurt and rice yogurt.
Gain Decision-Making Strength from Analyst Advice :
https://www.futuremarketinsights.com/ask-the-analyst/rep-gb-4120
What does competitive landscape analysis show?
Leading manufacturers are focusing on increasing spending on research and development activities to introduce innovative non-dairy yogurt flavors. These manufacturers are also improving their foothold globally by establishing strategies for portfolio expansion and supply chain management. Plant-based dairy products as a concept are actually unfamiliar in rural areas and certain cities in developing countries, representing relatively low growth prospects for the non-dairy yogurt market in many countries. This scenario is expected to change over the next few years due to macro factors, including the penetration of the Internet, which is fueling the consolidation of media and food culture.
Learn more about the non-dairy yogurt market
Future Market Insights brings to the fore an unbiased analysis of the global dairy yogurt market with a new offer, providing historical demand data (2014-2018) and forecast statistics for the period 2019-2029. This study provides powerful insights into the non-dairy yogurt market based on product type (soy yogurt, coconut yogurt, almond yogurt, oat yogurt, rice yogurt, pea yogurt, etc.), natural (organic and conventional), and form (drinkable). provides and sponnable), flavored (regular/unscented and unscented), sales channels (B2B and B2C), and across seven key geographies.
Non-Dairy Yogurt Market Segmentation
Product:
- Soy Yogurt
- Almond Yogurt
- Coconut Yogurt
- Oats Yogurt
- Rice Yogurt
- Pea Yogurt
- Others
Nature:
- Organic
- Conventional
Form:
- Drinkable Yogurt
- Spoonable Yogurt
Flavor:
- Plain/Unflavored
- Flavored
Sales Channel:
- B2B (HoReCa & Other Food Services)
- B2C
- Modern Grocery Retailers
- Hypermarket/ Supermarket
- Convenience Store
- Specialty Store
- Online Retailers
- Wholesalers
- Other Retail Forms
Unlock the Dairy Yogurt Market’s Full Potential with Your Customizable Report Now :
https://www.futuremarketinsights.com/customization-available/rep-gb-4120
About Future Market Insights, Inc.
Future Market Insights, Inc. (ESOMAR certified, Stevie Award – recipient market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
Contact:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Browse Other Reports: https://www.futuremarketinsights.com/reports
LinkedIn| Twitter| Blogs