PUBLISHER: SPER Market Research Pvt. Ltd. | PRODUCT CODE: 1640738
PUBLISHER: SPER Market Research Pvt. Ltd. | PRODUCT CODE: 1640738
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. Furthermore, plant-based yogurt contains less saturated fat and comes in a range of flavors.
Sales of plant-based yogurt first declined as a result of COVID-19 restrictions on physical retailers. To reach customers across geographic borders, big firms are concentrating on e-commerce and online marketing in an effort to strengthen their market position. In addition, the pandemic made consumers look for products that boost immunity and other fortified products that offer health benefits. As a result, major players improved the composition of their yogurt products by adding organic ingredients.
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 covered
North America, Asia-Pacific, Latin America, Middle East & Africa and Europe
Companies Covered
Danone; 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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