Biotechnology and Life SciencesJuly 17, 2023

Global Non-dairy Yogurt Market

As stated in our extensive report, the Global Non-dairy Yogurt Market accounted for USD 2.8 Billion in 2022 and is projected to reach a value of USD 7 Billion by 2030.

The Non-dairy Yogurt market has been growing significantly in recent years due to several important causes. The demand for non-dairy substitutes has increased in recent years owing to growing inclination and awareness related to lactose intolerance and dairy allergy. As a result, the market for Non-dairy Yogurt that cater to people who cannot drink conventional dairy products has grown, as have the product options available.

The market for Non-dairy Yogurt has grown due to the popularity of veganism and plant-based diets. The demand for plant-based ingredients such as soy, almond, coconut, and oats has surged as more individuals choose plant-based lifestyles for health, ethical, or environmental reasons. In response, manufacturers are developing various plant-based products, giving customers more choices.

Click To Get a Free Sample On the Research Study

Growing product visibility across the different distribution channels has been essential to the market’s expansion. Non-dairy Yogurt can now be found in grocery stores, supermarkets, internet retailers, and specialized health food stores. This improved accessibility has broadened the market’s appeal and attracted new consumers by making it simpler for them to locate and buy Non-dairy Yogurt products.

Factors Influencing Global Non-dairy Yogurt Market Growth

The growth of the global Non-dairy Yogurt market can be attributable to the following:

  1. Growing Consumer Awareness of the Health Benefits of Plant-Based Diets: Consumers’ growing awareness of the health advantages of plant-based diets and their desire for healthier food options have increased the demand for Non-dairy Yogurt. Compared to their dairy equivalents, these products are frequently thought of as having lower cholesterol levels and saturated fats.
  2. An increase in vegan and dairy-free diets: The market for Non-dairy Yogurt has grown dramatically due to the rise in veganism and the number of people who are lactose intolerant or allergic to dairy products. Non-dairy Yogurt are a good option for anyone with dietary limitations or who prefers not to consume animal products.
  3. Benefits for the Digestive System and Allergen-Free: Non-dairy Yogurt are free of common allergies such as lactose, milk protein, and gluten. Anyone with specific dietary needs or allergies can therefore consume them. Probiotics, which are helpful for digestion and gut health and are found in some Non-dairy Yogurt, are another factor luring health-conscious customers.
  4. Innovation and Variety in Products: Numerous Non-dairy Yogurt options are now available from manufacturers. These products are manufactured from various plant-based ingredients including almonds, soy, coconut, and oats, among others. Due to consumer flexibility in selecting products depending on their dietary requirements and preferred tastes, the demand for Non-dairy Yogurt has grown.
  5. Retail Expansion and Accessibility: Non-dairy Yogurt are getting easier to find in regular retail establishments, including supermarkets, grocery stores, and specialty health food stores. Market expansion has been further fueled by greater consumer access to and expansion of distribution channels for Non-dairy Yogurt products.
  6. Environmental considerations: Growing knowledge of how animal husbandry affects the environment has prompted many customers to look for environmentally friendly and sustainable food solutions. Yogurts made from non-dairy ingredients, which have a lower carbon footprint than yogurts made from dairy, align with these environmental concerns and appeal to consumers who care about the environment.

North America Region to Take Over the Market 

North America is anticipated to account for the majority of sales on the global market for Non-dairy Yogurt. Many well-known players in the Non-dairy Yogurt business are based in this region. A rise in the number of vegans in the North America has led to increasing demand for products and opening up new business opportunities for plant-based product manufacturers. Furthermore, innovations and improvements in plant-based products for improved flavor and texture will enhance product adoption in the region.

The infrastructure for manufacturing, distributing, and marketing non-dairy goods is well-established in North America. The Non-dairy Yogurt sector is home to several notable companies that have adapted well to changing consumer expectations. These businesses have played a significant role in promoting innovation, bringing new flavors and variations to market, and increasing the accessibility of Non-dairy Yogurt through various retail channels.

Conclusion

The increase in veganism and plant-based diets, increasing consumer awareness of lactose intolerance and dairy allergies, and the expanding availability and accessibility of Non-dairy Yogurt products all contribute to the robust expansion of the global Non-dairy Yogurt market. North America has emerged as the industry’s main area with its established infrastructure, a sizable population of health-conscious people, and a strong presence of major market participants. The Non-dairy Yogurt Market is set for continued growth in the coming years, driven by health-conscious trends and consumer demand for sustainable and plant-based alternatives.

The well-known players of the Global Non-dairy Yogurt Market include The Hain Celestial Group Inc. (U.S.), Danone SA (France), Nestle SA (Switzerland), Chobani LLC (U.S.), Forager Project LLC (U.S.), Valio Ltd. (Finland), Stonyfield Farm Inc. (U.S.), Daiya Foods Inc. (Canada) and others.