Plant-based Yogurt Market Growth, Size, Trends Analysis - By Source, By Flavor, By Distribution Channel - Regional Outlook, Competitive Strategies and Segment Forecast to 2033
Plant-based Yogurt Market Introduction and Overview
According to SPER market research, ‘Global Plant-based Yogurt Market Growth, Size, Trends Analysis – By Source, By Flavor, By Distribution Channel – Regional Outlook, Competitive Strategies and Segment Forecast to 2033’ state that the Global Plant-based Yogurt Market is predicted to reach 11.57 billion by 2033 with a CAGR of 14.15%.
Plant-based yogurt is made from plants and is often known as vegan or nondairy yogurt. It is made from plant-based substances. They are used as an alternative to normal dairy yogurt. It also contains oat milk, almond milk, coconut milk, rice milk, and soy milk. The fermentation of plant milk with probiotics is used to make plant-based yogurt. The plant-based yogurt has an acidic flavor. The flavor is obtained through fermentation, which also promotes the growth of beneficial bacteria that can benefit intestinal health.
Vegan yogurts are more expensive than traditional dairy yogurts, which is one of the most significant obstacles facing the vegan yogurt market. Vegan alternatives often have much higher final costs due to the need for specialist plant-based materials and production procedures. Furthermore, many consumers remain unfamiliar with vegan products and suspicious of their flavor and nutritional value. Establishing brand recognition and educating consumers on the benefits of vegan options takes time.
Scope of the report: Report Metric Details
Market size available for years 2020-2033
Base year considered 2023
Forecast period 2024-2033
Segments covered By Source, By Flavor, By Distribution Channel
Regions coveredNorth America, Asia-Pacific, Latin America, Middle East & Africa and Europe
Companies CoveredDanone; Hain Celestial; General Mills Inc; Stonyfield Farm, Inc; Kite Hill; Daiya Foods Inc; Chobani, LLC; Hudson River Foods; Good Karma Foods, Inc.
Plant-based Yogurt Market Segmentation: By Source: Based on the Source, Global Plant-based Yogurt Market is segmented as;
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By Application: Based on the Application, Global Lithography Equipment Market is segmented as; Advanced Packaging, LED, MEMs, and Power Devices.
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By Region: This research also includes data for North America, Asia-Pacific, Latin America, Middle East & Africa and Europe.