Non Dairy Yoghurt Market AnalysisOverview :
The Global Non-dairy ‑Yogurt Market was assessed to be USD 2.7 Billion in 2021 and is forecasted to developat a CAGR of 19.2% during the forecastperiod of, 2022 – 2030. The growing population of lactose-intolerance consumers
and rising trends for non-dairy products are driving the market. Different
factors which are supporting the growth of the non-dairy yoghurt market are
changing dietary preferences among consumers such as food and drinking habits
and expanding wellbeing awareness.
Non-dairyyogurts have numerous health advantages which includes decrease in
inflammation, weight loss and enhancement in metabolic rate. Consumers spending
on plant-based products is growing because of increased prevalence of disorders
including milk allergies among the common mass in developed economies such as
Europe and North America. Also, the developing approach of minimizing
greenhouse gases and maintaining a excellent of non-dairy based food and
beverages is anticipated to be a key reason for the growth of this market.
Non-dairy yogurt market has a direct impact caused byvariables in demand owing to disruption in supply chain. During Covid-19 in
2020, there is tremendous disruption in overall food supply chain. Food and
beverages raw material supply markets that are imperative to supplying of
plant-based products such as soy, almonds, coconut, and others for
manufacturing of non-dairy yogurt was stuck at different stages of distribution
channels.
Top Key Players of the Non Dairy Yoghurt Market:
General Mills, Danone, Valio Ltd, Chobani, LLC, Forager Project, Daiya Foods Inc., Nancy’s (Spring Field Creamary), SunOpta, COYO Pty Ltd.
By Sources:
Soy Yogurt
Almond Yogurt
Coconut Yogurt
Oats Yogurt|
Others
Regional Analysis:
North America– (U.S., Canada,Mexico)
Europe- (Germany, France, U.K.,Russia, Italy, Spain, BENELUX, Rest of Europe)
Asia Pacific- (China, Japan, India,South Korea, Australia, ASEAN, Rest of Asia Pacific)
Latin America- (Brazil, Argentina,Chile, Rest of Latin America)
Middle East and Africa- (GCC,Turkey, Israel, Rest of MEA)
MarketResearch Community provides extensive analysis of the size, share, major trends
in each sub-segment of the Global Non-Dairy Yoghurt Market, along with
forecasts at the global, regional and country level from 2022-2028.
Additionally,manufacturers of non-dairy yogurt were extensively impacted financially during
the worst-hit months of the pandemic. The government announced a lockdown in
the country in the first half of the year. This resulted in a temporary closure
of agricultural process and supply of required ingredients for organically
growing of food crops. Consequently, resulting in a decline of agricultural
growth rate across the globe has impacted the demand and supply which has eventually
impacted the manufacturing of non-dairyyogurt.
Non-DairyYoghurt Market is segmented by sources, flavours, distribution channel, and
Region. By Sources, the market is segmented into Soy Yogurt, Almond Yogurt,
Coconut Yogurt, Oats Yogurt and Others. by Flavours the market is segmented
into Plain/Unflavoured and Flavoured. Flavoured type is further bifurcated as
Berry, Vanilla, Chocolate and Others. by Distribution Channel the market is segmented
into Offline, Convenience Store, Supermarkets and Hypermarkets, Specialty Store
and Online. The report additionally covers the market size and forecasts for
the Global Non-Dairy Yoghurt Market in 26 countries across major regions.
The researchis answerable to the following key questions:
· Wherecan business owners locate more potential customers during the forecast period,
2022 - 2030?
· Howare the major vendors operating in the Non DairyYoghurt Market planning to reach a potential audience in theemerging economies? Why are sales soaring in certain parts, but dismal in other
regions of the world?
· Howmuch are the customers willing to pay for the products and services?
· Howmuch is the dimension of the Non Dairy Yoghurt Market catered by the major vendors?
· Howoften will the customers buy a product or service during the forecast period, 2022
- 2030?
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