Non Dairy Yoghurt Market Analysis Overview :

The market for non-dairy yoghurt was expected to reach USD 1754.08 million in 2021 and is expected to expand at a CAGR of 7.02% from 2022 to 2030. The market is being driven by a developing non-dairy product trend as well as a growing pool of customers who have lactose sensitivity. The non-dairy yoghurt market is also expanding as a result of consumer dietary preferences, including shifting eating and drinking patterns, as well as rising health consciousness.

Non-dairy yoghurt market has a lot of health benefits, including lowering inflammation, promoting weight loss, and speeding up metabolism. Consumer spending on plant-based items is rising as a result of the rising incidence of diseases like milk allergies among the general population in industrialised nations like Europe and North America. This market's expected growth will also be significantly influenced by the rising focus on decreasing greenhouse gas emissions while maintaining a higher standard of non-dairy meals and beverages.

Changes in demand brought on by supply chain disruptions have a direct impact on the non-dairy yoghurt market. During COVID-19 in 2020, the entire food supply system is drastically interrupted. At different points in the distribution networks, the markets for food and beverage raw materials, which are necessary for supplying plant-based products like soy, almonds, coconut, and others for the production of non-dairy yoghurt, were blocked.

 

Top Key Players of the Non Dairy Yoghurt Market:

General Mills, Danone, Valio Ltd, Chobani, LLC, Forager Project, Daiya Foods Inc., Nancy’s (Spring Field Creamary), SunOpta, COYO Pty Ltd.

By Sources:
Soy Yogurt
Almond Yogurt
Coconut Yogurt
Oats Yogurt|
Others

Regional Analysis:
North America– (U.S., Canada, Mexico)
Europe- (Germany, France, U.K., Russia, Italy, Spain, BENELUX, Rest of Europe)
Asia Pacific- (China, Japan, India, South Korea, Australia, ASEAN, Rest of Asia Pacific)
Latin America- (Brazil, Argentina, Chile, Rest of Latin America)
Middle East and Africa- (GCC, Turkey, Israel, Rest of MEA)

Market Research Community provides extensive analysis of the size, share, major trends in each sub-segment of the Global Non-Dairy Yoghurt Market, along with forecasts at the global, regional and country level from 2022-2028.

Additionally, manufacturers of non-dairy yogurt were extensively impacted financially during the worst-hit months of the pandemic. The government announced a lockdown in the country in the first half of the year. This resulted in a temporary closure of agricultural process and supply of required ingredients for organically growing of food crops. Thus, resulting in a decline of agricultural growth rate across the globe has impacted the demand and supply which has ultimately impacted the manufacturing of non-dairy yogurt.

Non-Dairy Yoghurt Market is segmented by sources, flavours, distribution channel, and Region. By Sources, the market is segmented into Soy Yogurt, Almond Yogurt, Coconut Yogurt, Oats Yogurt and Others. by Flavours the market is segmented into Plain/Unflavoured and Flavoured. Flavoured type is further bifurcated as Berry, Vanilla, Chocolate and Others. by Distribution Channel the market is segmented into Offline, Convenience Store, Supermarkets and Hypermarkets, Specialty Store and Online. The report also covers the market size and forecasts for the Global Non-Dairy Yoghurt Market in 26 countries across major regions.

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The research is answerable to the following key questions: 

  • Where can business owners locate more potential customers during the forecast period, 2022 - 2028?
  • How are the major vendors operating in the Non Dairy Yoghurt Market planning to reach a potential audience in the emerging economies? Why are sales soaring in certain parts, but dismal in other regions of the world?
  • How much are the customers willing to pay for the products and services?
  • How much is the dimension of the Non Dairy Yoghurt Market catered by the major vendors?
  • How often will the customers buy a product or service during the forecast period, 2022 - 2028?

 

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