Global Non-Dairy Yogurt Market Outlook, Opportunities And Strategies – Includes Non-Dairy Yogurt Market Analysis
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The global non-dairy yogurt market is expected to grow from $3.15 billion in 2021 to $3.59 billion in 2022 at a compound annual growth rate (CAGR) of 13.9%. The global non-dairy yogurt market size is expected to grow to $6.67 billion in 2026 at a CAGR of 16.8%.
The high number of lactose-intolerant consumers will propel the growth of non-dairy yogurt in the non-dairy yogurt market during the forecast period.
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The non-dairy yogurt market consists of sales of non-dairy yogurt by entities (organizations, sole traders, and partnerships) that are usually semi-solid foods prepared from plant-based sources like coconut, cashew, and almonds. Weight loss, reduced inflammation, and improved metabolic rate are all said to be among the health benefits of non-dairy yogurt.
By Product: Soy Yogurt, Almond Yogurt, Coconut Yogurt, Oats Yogurt, Rice Yogurt, Pea Yogurt
By Form: Drinkable Yogurt, Spoonable Yogurt
By Distribution Channel: Supermarkets, Online Stores, Convenience Stores
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Western Europe is the largest region in the global non-dairy yogurt market in 2021.
Product innovation is shaping the non-dairy yogurt market. An increasing number of customers suffering from health concerns connected to lactose intolerance and an increase in the awareness about the health benefits of dairy-free yogurts among customers has forced developers to launch unique products with regard to their health.
TBRC’s Non-Dairy Yogurt Market Report Covers:
Major Market Players: Hain Celestial, Danone, General Mills Inc., Stonyfield Farm Inc., Daiya Foods Inc., Whitewave Foods Company Inc., COYO Pty Ltd., Chobani LLC, Valio Ltd, Nestlé SA, Good Karma Foods Inc., Hudson River Foods, Kite Hill, GT’s Living Foods LLC, The Kroger Co., Epigamia, Blue Diamond, Coconut Grove Yogurt, and Crunch Culture.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2016-21) and ten years forecast (2022-2026-2031)
The Non-Dairy Yogurt Global Market Report 2022 is one of a series of new reports from The Business Research Company that provides non-dairy yogurt market overviews, analyzes and forecasts market size, share, non-dairy yogurt market players, non-dairy yogurt market segments and geographies, leading competitor revenues, profiles and market shares.
TBRC’s non-dairy yogurt market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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