Overview:
The global dairy-free yogurt market is all set to score past the
predicted valuation mentioned in the Market Research Future (MRFR) reports.
This growth will be impressive during the forecast period of 2018 to 2023. The
report also traced several factors that can boost the market outcome. These
factors are growing veganism, rise in incidents with lactose intolerance, surge
in awareness regarding plant-based food benefits, better standard of disposable
income, improved packaging and branding, increasing reach of products using
various distribution channels, and others. People who want to stay safe by not
getting any allergies from dairy products will opt for this product, which will
boost the outcome.
The Dairy-free
Yogurt market outlook is projected to grow from USD9.3539 Billion in
2023 to USD 13.9256 billion by 2032, exhibiting a compound annual growth rate
(CAGR) of 5.10% during the forecast period (2023 - 2032)
Segmentation:
The global
dairy-free yogurt market, as
discussed by MRFR,has segmentation like category,
distribution channel, packaging type, and product type. These segments include various figures derived from a close study of
the market and its various dynamics, which can help in better assessment of
trends.
By product type,
the global market for dairy-free yogurt can
be segmented as coconut, almond, rice, soy, and others. The soy segment has substantial taker as it is
quite popular among vegans.
By category, the global report on the dairy-free yogurt market can be
segmented into conventional and organic. Increasing health awareness is providing ample
scope to the organic segment of the market.
By packaging type, the report on the global
dairy-free yogurt market can be
segmented into pouches, tubs, and others.
By distribution
channel, the study on the global dairy-free yogurt market includes store based and non-store based. The store
based segment comprises convenience stores, hypermarkets & supermarkets, and others. As a one-stop solution, the store-based
segment is getting substantial traction.
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Regional
Analysis:
The global market is getting dominated by North America The regional
market has several brands that are offering a huge variety of products. This is
helping players to lure in a high number of customers who will promote the
market expansion. Also, technology, growing awareness regarding benefits from
plant-based food, and others are creating a huge opportunity for the market to
expand. Europe has similar provisions and it will grow in countries like
France, Germany, the UK, Italy, Spain, and others.
In the Asia Pacific region, growing veganism is helping companies to
expand their reach and ensure more profit margin.
Competitive
Landscape:
There are several companies in the dairy-free yogurt market who are
making changes in their strategic positioning to facilitate growth for the
market. These companies are COYO Pty Ltd (Australia),
Danone S.A. (France), The Coconut Collaborative (UK), Forager Project (US),
Good Karma Foods, Inc. (US), Lavva (New York), Daiya Foods Inc. (Canada),
NANCY'S (US), Granarolo SpA (Italy), Hain Celestial (US), and others. The tactical measures adopted by
these companies mostly include mergers, collaborations, hike in funding for
research and development, better packaging and branding, innovation in product
range, launching, acquisitions, and others. MRFR assessed the latest moves
taken by these players to get a good overview of the market that may help in
further understanding of the flow.
The dairy-free
yogurt market insight has witnessed remarkable growth and
transformation in recent years, reflecting the increasing consumer demand for
plant-based and lactose-free alternatives. This shift in dietary preferences
and health consciousness has propelled the market to new heights, with a
diverse range of dairy-free yogurt options flooding the shelves. Almond, soy,
coconut, and oat-based yogurts have emerged as popular choices, offering a
creamy and nutritious alternative to traditional dairy yogurts. With a growing
emphasis on sustainability and environmental concerns, this market is also
experiencing innovation in packaging and production methods, making it an
exciting sector to watch for both consumers and industry players alike.
Industry
News:
In April 2020, So Delicious Dairy Free launched a new yogurt line with
coconut milk flavor that comes with a delectable blend of toppings and coconut
milk as the base of it. The brand has a market expertise of around 30 years
using which they are constantly experimenting to grab new opportunities of
expanding their business. The new line has 4 different toppings like coco
almond, spiced blueberry, salted caramel, and lime pie combination. These will
help the brand in grabbing attention.
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Global
Non-Alcoholic RTD Beverages Market Research
Report Information by ProductType(Functional Beverages {Energy Drinks, Sports
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Vegetable Juice, Bottled Water, Dairy-Based Beverages, Others), Packaging
Type(Bottles, Cans, Others), Distribution Channel
(Store-BasedandNon-Store-Based)and Region (North America, Europe,Asia-Pacific,
Rest of the World)—Forecast till 2027
NOTE: Our Team of Researchers are Studying
Covid19 and its Impact on Various Industry Verticals and wherever required we
will be considering Covid19 Footprints for Better Analysis of Market and
Industries. Cordially get in Touch for More Details.
Contact us:
Market Research Future (part of
Wantstats Research and Media Private Limited),
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New York 10013, United States of America
PH no.: +1 646 845 9312
North America Dairy-Free Yogurt Market Report presents the conceptual study and strategic analysis which provides market scope, applications, a topographical presence that drive the North America Dairy-Free Yogurt market.
North America Dairy-Free Yogurt Market Industry report provides the latest market statistics, industry growth, size, share, trends, as well as driving factors.
The detailed overview of the market segments, product description, North America Dairy-Free Yogurt applications is presented in this report.
On the other hand, the increasing demand of dairy alternatives, favourable marketing & correct positioning of dairy alternatives are the various opportunities for the dairy-free yogurt market.
Request Sample of North America Dairy-Free Yogurt Market Report @ https://www.databridgemarketresearch.com/request-a-sample/?dbmr=north-america-dairy-free-yogurt-market Major Players covered in the North America Dairy-Free Yogurt Market-Oatly AB, Kite Hill, The Luz Almond Company Pty.Ltd., Hain Celestial, Halsa Foods, Nush Foods, Amande yogurt, Nulac foods, Nudie, Yoso, Yoplait USA, Granarolo Group, Vitasoy, Daiya Foods Inc., Green Valley Organics A large-scale North America Dairy-Free Yogurt Market report delivers a comprehensive analysis of the market structure along with estimations of the various segments and sub-segments of the market.
This study also analyzes the market status, future trends, revenue generation, market share, growth rate, opportunities and challenges, sales volume, market drivers, market restraints, risks, and entry barriers.
