Plant-based Yogurt Market Size 2025 Global Industry Share, Top Players, Opportunities And Forecast To 2035
The global plant-based yogurt market size is likely to jump from
USD 5,743.26 million in 2025 to USD 19,324.06 Million by 2035. This projected
expansion is anticipated to result from a remarkable 12.9% CAGR in the demand
for plant-based yogurt over the upcoming decade.
The plant-based yogurt market, which was until a few years
ago thought to be in its infancy, has taken off in part because of
flexitarians, who alternate between eating dairy and non-dairy products. Given
the rising popularity of plant-based diets, the plant-based yogurt market has
developed. Different plant-based diets have become more popular around the
globe. Plant-based yogurt has emerged as a new option to follow sustainable
dietary habits. Because of its nutritional advantages, plant-based yogurt is
becoming gradually popular in place of traditional dairy yogurt. Dairy products
are being consumed less frequently globally as a result of their declining shine.
One of the primary variables influencing the health
advantages of plant-based yogurt is the frequency of diseases brought on by
lactose intolerance. Demand for plant-based yogurt is also largely driven by
the nutritional advantages of lowering the likelihood of cardiovascular
disease. The popularity has been heightened by the growing trend of fortifying
plant-based yogurt with nutrients. Plant-based yogurt that has been enriched
with omega-3 fatty acids is one example. Health professionals are praising the
several advantages of eating plant-based cultured yogurt.
Explore Key Insights – Request
Your Sample Now!
The texture and consistency of plant-based yogurt products,
however, are equivalent to those of traditional dairy products. Grain, seeds,
and nuts are a few of the typical plant-based ingredients utilized in
yogurt production. Soy, almond, hemp, oats, and coconut are a few of the
popular ones. Inconvenience and specialized stores throughout the world,
plant-based yogurt options are becoming more readily available. These yogurts
taste much better now and have more flavor options than ever before.
Consumption of environmentally friendly food items is the
primary promotional concept that plant-based yogurt supports. The adoption of
plant-based diets has increased as a result of this tendency. Food
manufacturers in the plant-based yogurt sector have discovered a vast
opportunity in products like these to demonstrate that they are concerned about
the environmental impact of packaged foods. It is reasonable to conclude
that beverages and yogurt made from plants are a developing market.
For plant-based products in general and plant-based yogurt
in particular, North America and Europe remain particularly attractive markets.
These two regions have seen a significant rise in individuals adopting
vegetarian and vegan lifestyles. Nevertheless, changing trends are encouraging
expansion throughout the Asia Pacific. The cultural acceptance of plant-based
foods in certain countries is likely to contribute to a favorable environment
for growth.” according to Nandini Roy Choudhury, Client Partner at Future
Market Insights.
Download
the full report for in-depth insights.
Key Players and Strategies for Success in the Plant-based
Yogurt Market
In the plant-based yogurt market, leading players are
adopting key strategies for success. They prioritize innovation, crafting a
wide array of flavorful options to entice consumers. Key market participants
are heavily concentrating on expanding their consumer base through joint
ventures or collaboration with other industry partners.
Top Brands in the Plant-based Yogurt Market
- Danone
S.A.
- Chobani
LLC
- Califia
Farms
- General
Mills Inc.
- Forager
Project
- Other
Companies (combined)
Recent Developments in the Plant-based Yogurt Market
In April 2022, a powerful plant-based yogurt base was
introduced by MISTA, a San Francisco-based development system, as its initial
member-created item. Customers can grab the plant-based yogurt base in the
United States, Europe, and certain locations in Latin America.
In November 2021, Plant Veda, a renowned producer of dairy alternatives,
confirmed the launch of “Plant Gurt,” a new plant-based yogurt that includes
millions of active probiotics and can be mixed with smoothies or morning
cereals.
Segmentation
By Nature:
- Probiotic
Inclusion
- Lower
Sugar Content
- Functional
Ingredients
By Product Type:
- Cereal
Type
- Oat
- Legume
- Nut
- Seed
- Pseudo
Cereal
By Flavor:
- Regular
- Vanilla
- Strawberry
- Blueberry
- Cherry
- Peach
- Raspberry
- Coconut
- Coffee
- Others
By Price Range:
- Economic
- Mid-Range
- Premium
By Sales Channel:
- Food
Service
- Retail
- Modern
Trade
- Convenience
Stores
- Specialty
Stores
- Discounters
- Independent
Small Groceries
- E-commerce
- Others
By Region:
- North
America
- Latin
America
- East
Asia
- South
Asia & Pacific
- Eastern
Europe
- Western
Europe
- Middle
East & Africa
Comments
Post a Comment