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PUBLISHER: KBV Research | PRODUCT CODE: 1548796

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PUBLISHER: KBV Research | PRODUCT CODE: 1548796

LAMEA Plant-based Yogurt Market Size, Share & Trends Analysis Report By Flavor (Flavored Yogurt and Non-Flavored Yogurt), By Distribution Channel (B2C and B2B), By Source (Soy and Others), By Country and Growth Forecast, 2024 - 2031

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The Latin America, Middle East and Africa Plant-based Yogurt Market would witness market growth of 14.8% CAGR during the forecast period (2024-2031).

The Brazil market dominated the LAMEA Plant-based Yogurt Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $140.3 million by 2031. The Argentina market is showcasing a CAGR of 15.7% during (2024 - 2031). Additionally, The UAE market would register a CAGR of 13.9% during (2024 - 2031).

Innovations in flavors and product formats have broadened the appeal of this. Brands offer various flavors, from classic vanilla and berry to exotic options like matcha and turmeric, catering to diverse tastes. Advances in production technologies have led to improvements in the texture and creaminess of this yogurt. Innovations such as better thickening agents and fermentation techniques have enhanced the sensory experience, making yogurt more comparable to traditional dairy yogurt.

Support from health organizations and dietary guidelines endorsing plant-based diets has encouraged the adoption of this yogurt. Recommendations promoting plant-based eating patterns contribute to the growing acceptance and consumption of plant-based products. Public health initiatives and campaigns advocating for reduced dairy consumption and increased plant-based eating have positively influenced the adoption of this yogurt. These initiatives help raise awareness and encourage consumers to explore plant-based options.

Expanding the foodservice industry in the UAE reflects growing consumer interest in health and wellness. This trend increases demand for this yogurt, often featured in health-focused restaurants and juice bars. Data from the Dubai Municipality revealed extensive food service establishments in the Dubai Emirate. With 18,667 food establishments, 9,705 are restaurants, 4,310 are coffee shops, 2,809 are cafeterias, 840 are hotels, and 728 are catering services. The growth of Brazil's food processing industry brings advanced technologies and equipment that enhance the production efficiency of plant-based yogurt, resulting in cost reductions and improved product quality. According to the Brazilian Food Processors Association (ABIA), the country's food processing sector registered revenues of US$231 billion in 2023, an increase of 7.2% compared to 2022. The result represents 10.8% of the national GDP. The sector comprises over 38,000 companies, most of which are small and medium-sized enterprises. In conclusion, the market's expansion is driven by the rising foodservice sector and the growing food processing industry in the region.

Based on Flavor, the market is segmented into Flavored Yogurt, and Non-Flavored Yogurt. Based on Distribution Channel, the market is segmented into B2C (Hypermarkets & Supermarkets, Specialty Stores, Online, and Others), and B2B. Based on Source, the market is segmented into Soy, Almond, Coconut, Oat, and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.

List of Key Companies Profiled

  • General Mills Inc.
  • Danone S.A.
  • Nancy's Yogurt
  • Nush Foods
  • Califia Farms LLC
  • Nestle S.A.
  • The Hain Celestial Group, Inc.
  • Kite Hill
  • Chobani LLC

LAMEA Plant-based Yogurt Market Report Segmentation

By Flavor

  • Flavored Yogurt
  • Non-Flavored Yogurt

By Distribution Channel

  • B2C
    • Hypermarkets & Supermarkets
    • Specialty Stores
    • Online
    • Others
  • B2B

By Source

  • Soy
  • Almond
  • Coconut
  • Oat
  • Others

By Country

  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA

Table of Contents

Chapter 1. Market Scope & Methodology

  • 1.1 Market Definition
  • 1.2 Objectives
  • 1.3 Market Scope
  • 1.4 Segmentation
    • 1.4.1 LAMEA Plant-based Yogurt Market, by Flavor
    • 1.4.2 LAMEA Plant-based Yogurt Market, by Distribution Channel
    • 1.4.3 LAMEA Plant-based Yogurt Market, by Source
    • 1.4.4 LAMEA Plant-based Yogurt Market, by Country
  • 1.5 Methodology for the research

Chapter 2. Market at a Glance

  • 2.1 Key Highlights

Chapter 3. Market Overview

  • 3.1 Introduction
    • 3.1.1 Overview
      • 3.1.1.1 Market Composition and Scenario
  • 3.2 Key Factors Impacting the Market
    • 3.2.1 Market Drivers
    • 3.2.2 Market Restraints
    • 3.2.3 Market Opportunities
    • 3.2.4 Market Challenges
  • 3.3 Porter Five Forces Analysis

Chapter 4. LAMEA Plant-based Yogurt Market by Flavor

  • 4.1 LAMEA Flavored Yogurt Market by Country
  • 4.2 LAMEA Non-Flavored Yogurt Market by Country

Chapter 5. LAMEA Plant-based Yogurt Market by Distribution Channel

  • 5.1 LAMEA B2C Market by Country
  • 5.2 LAMEA Plant-based Yogurt Market by B2C Type
    • 5.2.1 LAMEA Hypermarkets & Supermarkets Market by Country
    • 5.2.2 LAMEA Specialty Stores Market by Country
    • 5.2.3 LAMEA Online Market by Country
    • 5.2.4 LAMEA Others Market by Country
  • 5.3 LAMEA B2B Market by Country

Chapter 6. LAMEA Plant-based Yogurt Market by Source

  • 6.1 LAMEA Soy Market by Country
  • 6.2 LAMEA Almond Market by Country
  • 6.3 LAMEA Coconut Market by Country
  • 6.4 LAMEA Oat Market by Country
  • 6.5 LAMEA Others Market by Country

Chapter 7. LAMEA Plant-based Yogurt Market by Country

  • 7.1 Brazil Plant-based Yogurt Market
    • 7.1.1 Brazil Plant-based Yogurt Market by Flavor
    • 7.1.2 Brazil Plant-based Yogurt Market by Distribution Channel
      • 7.1.2.1 Brazil Plant-based Yogurt Market by B2C Type
    • 7.1.3 Brazil Plant-based Yogurt Market by Source
  • 7.2 Argentina Plant-based Yogurt Market
    • 7.2.1 Argentina Plant-based Yogurt Market by Flavor
    • 7.2.2 Argentina Plant-based Yogurt Market by Distribution Channel
      • 7.2.2.1 Argentina Plant-based Yogurt Market by B2C Type
    • 7.2.3 Argentina Plant-based Yogurt Market by Source
  • 7.3 UAE Plant-based Yogurt Market
    • 7.3.1 UAE Plant-based Yogurt Market by Flavor
    • 7.3.2 UAE Plant-based Yogurt Market by Distribution Channel
      • 7.3.2.1 UAE Plant-based Yogurt Market by B2C Type
    • 7.3.3 UAE Plant-based Yogurt Market by Source
  • 7.4 Saudi Arabia Plant-based Yogurt Market
    • 7.4.1 Saudi Arabia Plant-based Yogurt Market by Flavor
    • 7.4.2 Saudi Arabia Plant-based Yogurt Market by Distribution Channel
      • 7.4.2.1 Saudi Arabia Plant-based Yogurt Market by B2C Type
    • 7.4.3 Saudi Arabia Plant-based Yogurt Market by Source
  • 7.5 South Africa Plant-based Yogurt Market
    • 7.5.1 South Africa Plant-based Yogurt Market by Flavor
    • 7.5.2 South Africa Plant-based Yogurt Market by Distribution Channel
      • 7.5.2.1 South Africa Plant-based Yogurt Market by B2C Type
    • 7.5.3 South Africa Plant-based Yogurt Market by Source
  • 7.6 Nigeria Plant-based Yogurt Market
    • 7.6.1 Nigeria Plant-based Yogurt Market by Flavor
    • 7.6.2 Nigeria Plant-based Yogurt Market by Distribution Channel
      • 7.6.2.1 Nigeria Plant-based Yogurt Market by B2C Type
    • 7.6.3 Nigeria Plant-based Yogurt Market by Source
  • 7.7 Rest of LAMEA Plant-based Yogurt Market
    • 7.7.1 Rest of LAMEA Plant-based Yogurt Market by Flavor
    • 7.7.2 Rest of LAMEA Plant-based Yogurt Market by Distribution Channel
      • 7.7.2.1 Rest of LAMEA Plant-based Yogurt Market by B2C Type
    • 7.7.3 Rest of LAMEA Plant-based Yogurt Market by Source

Chapter 8. Company Profiles

  • 8.1 General Mills, Inc.
    • 8.1.1 Company Overview
    • 8.1.2 Financial Analysis
    • 8.1.3 Segmental and Regional Analysis
    • 8.1.4 Research & Development Expense
    • 8.1.5 SWOT Analysis
  • 8.2 Danone S.A.
    • 8.2.1 Company Overview
    • 8.2.2 Financial Analysis
    • 8.2.3 Segmental and Regional Analysis
    • 8.2.4 Research & Development Expenses
    • 8.2.5 Recent strategies and developments:
      • 8.2.5.1 Product Launches and Product Expansions:
    • 8.2.6 SWOT Analysis
  • 8.3 Nancy's Yogurt
    • 8.3.1 Company Overview
  • 8.4 Nush Foods
    • 8.4.1 Company Overview
  • 8.5 Califia Farms LLC
    • 8.5.1 Company Overview
  • 8.6 Nestle S.A.
    • 8.6.1 Company Overview
    • 8.6.2 Financial Analysis
    • 8.6.3 Segmental and Regional Analysis
    • 8.6.4 Research & Development Expenses
    • 8.6.5 SWOT Analysis
  • 8.7 The Hain Celestial Group, Inc.
    • 8.7.1 Company overview
    • 8.7.2 Financial Analysis
    • 8.7.3 Regional Analysis
    • 8.7.4 Research & Development Expense
    • 8.7.5 SWOT Analysis
  • 8.8 Kite Hill
    • 8.8.1 Company Overview
    • 8.8.2 SWOT Analysis
  • 8.9 Chobani LLC
    • 8.9.1 Company Overview
    • 8.9.2 SWOT Analysis

LIST OF TABLES

  • TABLE 1 LAMEA Plant-based Yogurt Market, 2020 - 2023, USD Million
  • TABLE 2 LAMEA Plant-based Yogurt Market, 2024 - 2031, USD Million
  • TABLE 3 LAMEA Plant-based Yogurt Market by Flavor, 2020 - 2023, USD Million
  • TABLE 4 LAMEA Plant-based Yogurt Market by Flavor, 2024 - 2031, USD Million
  • TABLE 5 LAMEA Flavored Yogurt Market by Country, 2020 - 2023, USD Million
  • TABLE 6 LAMEA Flavored Yogurt Market by Country, 2024 - 2031, USD Million
  • TABLE 7 LAMEA Non-Flavored Yogurt Market by Country, 2020 - 2023, USD Million
  • TABLE 8 LAMEA Non-Flavored Yogurt Market by Country, 2024 - 2031, USD Million
  • TABLE 9 LAMEA Plant-based Yogurt Market by Distribution Channel, 2020 - 2023, USD Million
  • TABLE 10 LAMEA Plant-based Yogurt Market by Distribution Channel, 2024 - 2031, USD Million
  • TABLE 11 LAMEA B2C Market by Country, 2020 - 2023, USD Million
  • TABLE 12 LAMEA B2C Market by Country, 2024 - 2031, USD Million
  • TABLE 13 LAMEA Plant-based Yogurt Market by B2C Type, 2020 - 2023, USD Million
  • TABLE 14 LAMEA Plant-based Yogurt Market by B2C Type, 2024 - 2031, USD Million
  • TABLE 15 LAMEA Hypermarkets & Supermarkets Market by Country, 2020 - 2023, USD Million
  • TABLE 16 LAMEA Hypermarkets & Supermarkets Market by Country, 2024 - 2031, USD Million
  • TABLE 17 LAMEA Specialty Stores Market by Country, 2020 - 2023, USD Million
  • TABLE 18 LAMEA Specialty Stores Market by Country, 2024 - 2031, USD Million
  • TABLE 19 LAMEA Online Market by Country, 2020 - 2023, USD Million
  • TABLE 20 LAMEA Online Market by Country, 2024 - 2031, USD Million
  • TABLE 21 LAMEA Others Market by Country, 2020 - 2023, USD Million
  • TABLE 22 LAMEA Others Market by Country, 2024 - 2031, USD Million
  • TABLE 23 LAMEA B2B Market by Country, 2020 - 2023, USD Million
  • TABLE 24 LAMEA B2B Market by Country, 2024 - 2031, USD Million
  • TABLE 25 LAMEA Plant-based Yogurt Market by Source, 2020 - 2023, USD Million
  • TABLE 26 LAMEA Plant-based Yogurt Market by Source, 2024 - 2031, USD Million
  • TABLE 27 LAMEA Soy Market by Country, 2020 - 2023, USD Million
  • TABLE 28 LAMEA Soy Market by Country, 2024 - 2031, USD Million
  • TABLE 29 LAMEA Almond Market by Country, 2020 - 2023, USD Million
  • TABLE 30 LAMEA Almond Market by Country, 2024 - 2031, USD Million
  • TABLE 31 LAMEA Coconut Market by Country, 2020 - 2023, USD Million
  • TABLE 32 LAMEA Coconut Market by Country, 2024 - 2031, USD Million
  • TABLE 33 LAMEA Oat Market by Country, 2020 - 2023, USD Million
  • TABLE 34 LAMEA Oat Market by Country, 2024 - 2031, USD Million
  • TABLE 35 LAMEA Others Market by Country, 2020 - 2023, USD Million
  • TABLE 36 LAMEA Others Market by Country, 2024 - 2031, USD Million
  • TABLE 37 LAMEA Plant-based Yogurt Market by Country, 2020 - 2023, USD Million
  • TABLE 38 LAMEA Plant-based Yogurt Market by Country, 2024 - 2031, USD Million
  • TABLE 39 Brazil Plant-based Yogurt Market, 2020 - 2023, USD Million
  • TABLE 40 Brazil Plant-based Yogurt Market, 2024 - 2031, USD Million
  • TABLE 41 Brazil Plant-based Yogurt Market by Flavor, 2020 - 2023, USD Million
  • TABLE 42 Brazil Plant-based Yogurt Market by Flavor, 2024 - 2031, USD Million
  • TABLE 43 Brazil Plant-based Yogurt Market by Distribution Channel, 2020 - 2023, USD Million
  • TABLE 44 Brazil Plant-based Yogurt Market by Distribution Channel, 2024 - 2031, USD Million
  • TABLE 45 Brazil Plant-based Yogurt Market by B2C Type, 2020 - 2023, USD Million
  • TABLE 46 Brazil Plant-based Yogurt Market by B2C Type, 2024 - 2031, USD Million
  • TABLE 47 Brazil Plant-based Yogurt Market by Source, 2020 - 2023, USD Million
  • TABLE 48 Brazil Plant-based Yogurt Market by Source, 2024 - 2031, USD Million
  • TABLE 49 Argentina Plant-based Yogurt Market, 2020 - 2023, USD Million
  • TABLE 50 Argentina Plant-based Yogurt Market, 2024 - 2031, USD Million
  • TABLE 51 Argentina Plant-based Yogurt Market by Flavor, 2020 - 2023, USD Million
  • TABLE 52 Argentina Plant-based Yogurt Market by Flavor, 2024 - 2031, USD Million
  • TABLE 53 Argentina Plant-based Yogurt Market by Distribution Channel, 2020 - 2023, USD Million
  • TABLE 54 Argentina Plant-based Yogurt Market by Distribution Channel, 2024 - 2031, USD Million
  • TABLE 55 Argentina Plant-based Yogurt Market by B2C Type, 2020 - 2023, USD Million
  • TABLE 56 Argentina Plant-based Yogurt Market by B2C Type, 2024 - 2031, USD Million
  • TABLE 57 Argentina Plant-based Yogurt Market by Source, 2020 - 2023, USD Million
  • TABLE 58 Argentina Plant-based Yogurt Market by Source, 2024 - 2031, USD Million
  • TABLE 59 UAE Plant-based Yogurt Market, 2020 - 2023, USD Million
  • TABLE 60 UAE Plant-based Yogurt Market, 2024 - 2031, USD Million
  • TABLE 61 UAE Plant-based Yogurt Market by Flavor, 2020 - 2023, USD Million
  • TABLE 62 UAE Plant-based Yogurt Market by Flavor, 2024 - 2031, USD Million
  • TABLE 63 UAE Plant-based Yogurt Market by Distribution Channel, 2020 - 2023, USD Million
  • TABLE 64 UAE Plant-based Yogurt Market by Distribution Channel, 2024 - 2031, USD Million
  • TABLE 65 UAE Plant-based Yogurt Market by B2C Type, 2020 - 2023, USD Million
  • TABLE 66 UAE Plant-based Yogurt Market by B2C Type, 2024 - 2031, USD Million
  • TABLE 67 UAE Plant-based Yogurt Market by Source, 2020 - 2023, USD Million
  • TABLE 68 UAE Plant-based Yogurt Market by Source, 2024 - 2031, USD Million
  • TABLE 69 Saudi Arabia Plant-based Yogurt Market, 2020 - 2023, USD Million
  • TABLE 70 Saudi Arabia Plant-based Yogurt Market, 2024 - 2031, USD Million
  • TABLE 71 Saudi Arabia Plant-based Yogurt Market by Flavor, 2020 - 2023, USD Million
  • TABLE 72 Saudi Arabia Plant-based Yogurt Market by Flavor, 2024 - 2031, USD Million
  • TABLE 73 Saudi Arabia Plant-based Yogurt Market by Distribution Channel, 2020 - 2023, USD Million
  • TABLE 74 Saudi Arabia Plant-based Yogurt Market by Distribution Channel, 2024 - 2031, USD Million
  • TABLE 75 Saudi Arabia Plant-based Yogurt Market by B2C Type, 2020 - 2023, USD Million
  • TABLE 76 Saudi Arabia Plant-based Yogurt Market by B2C Type, 2024 - 2031, USD Million
  • TABLE 77 Saudi Arabia Plant-based Yogurt Market by Source, 2020 - 2023, USD Million
  • TABLE 78 Saudi Arabia Plant-based Yogurt Market by Source, 2024 - 2031, USD Million
  • TABLE 79 South Africa Plant-based Yogurt Market, 2020 - 2023, USD Million
  • TABLE 80 South Africa Plant-based Yogurt Market, 2024 - 2031, USD Million
  • TABLE 81 South Africa Plant-based Yogurt Market by Flavor, 2020 - 2023, USD Million
  • TABLE 82 South Africa Plant-based Yogurt Market by Flavor, 2024 - 2031, USD Million
  • TABLE 83 South Africa Plant-based Yogurt Market by Distribution Channel, 2020 - 2023, USD Million
  • TABLE 84 South Africa Plant-based Yogurt Market by Distribution Channel, 2024 - 2031, USD Million
  • TABLE 85 South Africa Plant-based Yogurt Market by B2C Type, 2020 - 2023, USD Million
  • TABLE 86 South Africa Plant-based Yogurt Market by B2C Type, 2024 - 2031, USD Million
  • TABLE 87 South Africa Plant-based Yogurt Market by Source, 2020 - 2023, USD Million
  • TABLE 88 South Africa Plant-based Yogurt Market by Source, 2024 - 2031, USD Million
  • TABLE 89 Nigeria Plant-based Yogurt Market, 2020 - 2023, USD Million
  • TABLE 90 Nigeria Plant-based Yogurt Market, 2024 - 2031, USD Million
  • TABLE 91 Nigeria Plant-based Yogurt Market by Flavor, 2020 - 2023, USD Million
  • TABLE 92 Nigeria Plant-based Yogurt Market by Flavor, 2024 - 2031, USD Million
  • TABLE 93 Nigeria Plant-based Yogurt Market by Distribution Channel, 2020 - 2023, USD Million
  • TABLE 94 Nigeria Plant-based Yogurt Market by Distribution Channel, 2024 - 2031, USD Million
  • TABLE 95 Nigeria Plant-based Yogurt Market by B2C Type, 2020 - 2023, USD Million
  • TABLE 96 Nigeria Plant-based Yogurt Market by B2C Type, 2024 - 2031, USD Million
  • TABLE 97 Nigeria Plant-based Yogurt Market by Source, 2020 - 2023, USD Million
  • TABLE 98 Nigeria Plant-based Yogurt Market by Source, 2024 - 2031, USD Million
  • TABLE 99 Rest of LAMEA Plant-based Yogurt Market, 2020 - 2023, USD Million
  • TABLE 100 Rest of LAMEA Plant-based Yogurt Market, 2024 - 2031, USD Million
  • TABLE 101 Rest of LAMEA Plant-based Yogurt Market by Flavor, 2020 - 2023, USD Million
  • TABLE 102 Rest of LAMEA Plant-based Yogurt Market by Flavor, 2024 - 2031, USD Million
  • TABLE 103 Rest of LAMEA Plant-based Yogurt Market by Distribution Channel, 2020 - 2023, USD Million
  • TABLE 104 Rest of LAMEA Plant-based Yogurt Market by Distribution Channel, 2024 - 2031, USD Million
  • TABLE 105 Rest of LAMEA Plant-based Yogurt Market by B2C Type, 2020 - 2023, USD Million
  • TABLE 106 Rest of LAMEA Plant-based Yogurt Market by B2C Type, 2024 - 2031, USD Million
  • TABLE 107 Rest of LAMEA Plant-based Yogurt Market by Source, 2020 - 2023, USD Million
  • TABLE 108 Rest of LAMEA Plant-based Yogurt Market by Source, 2024 - 2031, USD Million
  • TABLE 109 Key Information - General Mills, Inc.
  • TABLE 110 Key information - Danone S.A.
  • TABLE 111 Key Information - Nancy's Yogurt
  • TABLE 112 Key Information - Nush Foods
  • TABLE 113 Key Information - Califia Farms LLC
  • TABLE 114 Key Information - Nestle S.A.
  • TABLE 115 Key Information - The Hain Celestial Group, Inc.
  • TABLE 116 Key Information - Kite Hill
  • TABLE 117 key information - Chobani LLC
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