Global Vegan Yogurt Market 2024-2028
The vegan yogurt market is forecasted to grow by USD 7190.3 mn during 2023-2028, accelerating at a CAGR of 23.31% during the forecast period. The report on the vegan yogurt market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by frequent launches of new vegan yogurt varieties, mergers and acquisitions among vendors, and growing vegan population.
Technavio's vegan yogurt market is segmented as below:
By Product Type
- Almond-based
- Soy-based
- Coconut-based
- Others
By Distribution Channel
By Geography
- North America
- Europe
- APAC
- South America
- Middle East and Africa
This study identifies the increased online availability of vegan products as one of the prime reasons driving the vegan yogurt market growth during the next few years. Also, flavored vegan yogurts gaining traction and increased focus on plant-based food products will lead to sizable demand in the market.
The report on the vegan yogurt market covers the following areas:
- Vegan yogurt market sizing
- Vegan yogurt market forecast
- Vegan yogurt market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading vegan yogurt market vendors that include Barambah Organics Pty Ltd., Blue Diamond Growers, Chobani Global Holdings LLC, COYO Pty Ltd., Culina Yogurt, Daiya Foods Inc., Danone SA, Drums Food International Pvt. Ltd., Forager Project, General Mills Inc., Granarolo S.P.A., GTs Living Foods, Kite Hill, Oatly Group AB, Regenerative Plant Based Inc., SPRINGFIELD CREAMERY, Stonyfield Farm Inc., The Coconut Collaborative ltd. , The Hain Celestial Group Inc., and Vitasoy International Holdings Ltd.. Also, the vegan yogurt market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.