Non-Dairy Yogurt Market by Source (Soy Yogurt, Almond Yogurt, Coconut Yogurt, Oats Yogurt, Others), Flavour (Plain/Unflavoured, Flavoured (Berry, Vanilla, Chocolate, Others), Distribution Channel (Offline (Convenience Store, Supermarkets and Hypermarkets, Specialty Store), Online), Region, Growth, Trends, Covid-19 Impact, And Forecasts (2022-2028)

Report ID - MRC_316 | Pages - 337 | Category - Food And Beverages

Market Overview

The global non-dairy yogurt market was estimated to be USD 1754.08 million in 2021 and is forecasted to grow at a CAGR of 7.02% during the forecast period of, 2022 – 2028. The growing population of lactose-intolerance consumers and rising trends for non-dairy products are driving the market. Other factors which are supporting the growth of the non-dairy yogurt market are changing dietary preferences among consumers such as food and drinking habits and increasing health consciousness.

Non-dairy yogurts have numerous health benefits 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. Moreover, the growing approach of minimizing greenhouse gases and maintaining a higher quality of non-dairy based food and beverages is anticipated to be a key reason for the growth of this market.

Furthermore, 36% of people in US population have lactose malabsorption issues including certain racial and ethnic groups such as American Indians, Asian Americans, African Americans and Hispanics/Latinos. Owing to which Americans and European ethnic population are gradually showing more inclination towards non-dairy products.

Moreover, factors associated with the advertising of non-dairy products that should define the exact meaning and understanding among consumers is counted as legal factor. For instance, in December 2019, Mexican Chamber of Deputies Approved a Bill that prohibits the use of dairy terms on plant-based alternatives to avoid misleading advertisements for plant-based products.  Manufacturers across the globe are continuously motivated to provide a desirable food product with desirable appearance, taste, texture, and flavour to the consumers who are still consuming non-vegan or dairy products. Thus, North America has a dominant position in non-dairy yogurt market followed by Europe & Asia Pacific.

According to present trend, plant-based food and beverages industry is progressing at a higher pace owing to growing consumer preferences and inclination towards dietary food products. Due to which most of the population across regions such as North America and Europe are moving towards adoption of dairy alternatives in the form of plant-based products. It is estimated that dairy alternative market is estimated to be USD 24 billion in the year 2021 and is estimated to grow at 9.5% CAGR during 2022-2028. For instance, plant-based sources such as soy, coconut, grains, and others are in huge demand within the countries such as U.S., France, Canada, Germany, and UK. In March 2021, according to Natural Marketing Institute’s (NMI’s) Consumer COVID-19 survey indicates that since COVID-19, 48% of consumers have reportedly started eating healthier food and 60% have expressed more concern about their personal health and wellness. Such trends are fuelling the growth of non-dairy yogurt market.

Moreover, alternative dairy products such as snacks, cheese, soy yogurt, coconut yogurt, almond milk, and others are gradually gaining popularity owing to high nutritional content and health benefits. Health benefits such as low calorie and easy absorption rate in comparison to dairy-based products is expected to be driving the market growth of non-dairy yogurt. In addition, properties constituted with non-dairy products such as yogurt exhibit reduced body weight, improvement in body mass index, stress relief, and others is bolstering the demand for non-dairy yogurt.

Covid Impact on Global Non-Dairy Yogurt Market

Non-dairy yogurt market has a direct impact caused by variables in demand owing to disruption in supply chain. During Covid-19 in 2020, there is huge 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.

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. Thus, resulting in a decline of agricultural growth rate across the globe has impacted the demand and supply which has ultimately impacted the manufacturing of non-dairy yogurt.

The post-Covid market for non-dairy yogurt has the potential to grow during the forecast period. For instance, during September 2020, under policy development policies, UK government has announced that would offer USD 178 million of funding to local players for the modernization of manufacturing plants. The funding is anticipated to boost the production capacity of manufacturing plants with a rise in capacity by 30% during the coming years.

Therefore, the aid being provided to various industries is anticipated to give a boost to food and beverages industry too thus providing a growth opportunity for non-dairy yogurt market.

Scope Of Global Non-Dairy Yogurt Market Report

Non-dairy yogurt 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 also covers the market size and forecasts for the Global Non-Dairy Yogurt Market in 26 countries across major regions.

Report AttributesReport Details
Study Timeline2016-2028
Market Size in 2028USD 2799.97 Million
CAGR (2022-2028)7.02%
By Sources
  • Soy Yogurt
  • Almond Yogurt
  • Coconut Yogurt
  • Oats Yogurt
  • Others
By Flavours
  • Plain/Unflavoured
  • Flavoured
    1. Berry
    2. Vanilla
    3. Chocolate
    4. Others (Citrus Tropical, Etc)
By Distribution Channel
  • Offline
    1. Convenience Store
    2. Supermarkets and Hypermarkets
    3. Specialty Store
  • Online
By GeographyNorth America

    • U.S.
    • Canada
    • Mexico

Europe

    • Germany
    • France
    • U.K.
    • Russia
    • Italy
    • Spain
    • BENELUX
    • Rest of Europe

Asia Pacific

    • China
    • Japan
    • India
    • North Korea
    • Australia
    • ASEAN
    • Rest of Asia Pacific

Latin America

    • Mexico
    • Argentina
    • Chile
    • Rest of Latin America

The Middle East and Africa

    • GCC
    • Turkey
    • South Africa
    • Rest of MEA

 Global Non-Dairy Yogurt Market Segmentation

Market Research Community provides extensive analysis of the size, share, major trends in each sub-segment of the Global Non-Dairy Yogurt Market, along with forecasts at the global, regional and country level from 2022-2028.

The Soy Yogurt source type holds the major share in Global Non-Dairy Yogurt Market

Soy yogurt accounted for revenue of USD 744.7 million in Global Non-Dairy Yogurt market in 2021 and is expected to grow at a CAGR of 6.53% during the forecast period of, 2022 – 2028. Soy yogurt has the same amount of protein and is lower in calories as compared to cow yogurt. Because of rising obesity rate, there is a high demand for low-calorie products. As a result, many consumers who are weight conscious or trying to lose weight prefer soy yogurt.

Global Non-Dairy Yoghurt Market Revenue (USD Million), by Soy Yoghurt, 2016-2028

Soy yogurt helps in lowering cholesterol levels which is making it a popular choice among heart patients. Because it is naturally lactose-free and high in iron, it is also popular among lactose intolerant and weak people. Additionally, soy yogurt supports to reduction in the risk of hormone related cancers as it contains high isoflavone content. Such benefits of the soymilk yogurt are likely to boost total usage and drive the market for soymilk yogurt. However, the substitutes available for this product such as almond and coconut milk will hamper the growth of soymilk yogurt market.

Plain/unflavoured Yogurt is the most preferred Flavours in the Global Non-Dairy Yogurt Market

The plain/unflavoured yogurt segment accounted for a market revenue of USD 1083.0 million during the year 2021 in the non-dairy yogurt market. This segment is expected to grow at a CAGR of 6.70% during the forecast period to reach USD 1692.3 million by 2028.

Plain non-dairy yogurt contains no added sugar, medium tanginess, making it seem similar to dairy yogurt medium thickness. Unflavoured is made with simple, contains no artificial flavours and natural ingredients preservatives, or sweeteners.

It includes healthy, protective probiotics, protein as well as calcium which is creating it a healthier alternative for sour cream and mayo.

Global Non-Dairy Yoghurt Market Revenue (USD Million), by Soy Yoghurt, 2016-2028

The U.S. dominates the market of Non-Dairy Yogurt Market

North America is one of the leading regions due to growing number of health-conscious consumers. Wherein, United States is the top revenue generating countries in this region.
U.S. Non-Dairy Yoghurt Market Revenue (USD Million), 2016-2028
The U.S. FDA. announced its plans to promote innovation in the manufacturing of a wide range of dairy alternatives such as non-dairy yogurt. A trend in consumer understanding towards dairy-free and how it is beneficial for them is the key aspect driving customers to select dairy-free products. Customers are looking for dairy replacements for a variety of reasons. Milk allergies, lactose intolerance, and vegans are among the most common.

Global Non-Dairy Yogurt Market Competitive Landscape

Global Non-Dairy Yogurt Market study is competitive, with a considerable number of regional and global players. The primary strategies adopted by these firms include expansions, product innovations, and mergers and acquisitions.

Key Players

  • General Mills
  • Danone
  • Valio Ltd
  • Chobani, LLC
  • Forager Project
  • Daiya Foods Inc.
  • Nancy’s (Spring Field Creamary)
  • SunOpta
  • COYO Pty Ltd.

Key players in the Non-Dairy Yogurt market include General Mills Inc., General Mills, Danone, Valio Ltd and Others. Global market is anticipated to be fragmented since top players merely account for nearly XX% market share. Key players in the Non-Dairy Yogurt market are majorly focusing on offering cost-efficient products to enhance their business capabilities and new product launches. Some players are expanding their presence in developing countries to cater to the increasing need for products.

Recent Developments

  • January 15, 2019 – Daiya Launches New Line of Coconut Cream Yogurt which are Plant-based product available at Retail Stores Across North America.
  • 22 Aug 2020 – Chobani, LLC launched two new product lines: Chobani Probiotic plant-based beverages and Chobani Complete lactose-free Greek yogurt food and drinks.

Table of Content

 

  1. Introduction
    • Market Introduction
    • Market Research Methodology
      • Research Process
      • Primary Research
      • Secondary Research
      • Data Collection Technique
      • Data Sources
    • Market Estimation Methodology
      • Limitations of the Study
    • Product Picture of Non-Dairy Yogurt
    • Global Non-Dairy Yogurt Market: Classification
    • Geographic Scope
    • Years Considered for the Study
    • Research Methodology in brief
    • Parent Market Overview
    • Overall Non Dairy Yogurt Market Regional Demand
    • Research Programs/Design
    • Market Breakdown and Data Triangulation Approach
    • Data Source
    • Secondary Sources
    • Primary Sources
    • Primary Interviews
    • Average primary breakdown ratio
  2. Market Dynamics
    • Drivers
      • Drivers
    • Restraints
      • Restraints
    • Opportunity
      • Impact forces on market dynamics
      • Impact forces during the forecast years
    • Industry Value Chain
      • Upstream analysis
      • Downstream analysis
      • Distribution Channel
      • Direct Channel
      • Indirect Channel
    • Potential Customers
    • Manufacturing/Operational Cost Analysis
    • Pricing Analysis by Region
    • Key Technology Landscape
    • Regulatory Analysis
    • Porter’s Analysis
      • Supplier Power
      • Buyer Power
      • Substitution Threat
      • Threat from New Entry
      • Competitive Rivalry
    • PESTEL Analysis
    • Political Factors
    • Economic Factor
    • Social Factors
    • Technological Factor
    • Environmental Factors
    • Legal Factor
    • Covid-19 impact on Global Economy
    • Covid-19 impact on Non-Dairy Yogurt demand
    • Post-Covid Impact on Non-Dairy Yogurt Market Demand
    • Impact Analysis of Russia-Ukraine Conflict
  3. Global Non-Dairy Yogurt Market Segmentation, by Volume (Kilo Tons) & Revenue (USD Billion), (2022-2030)
    • By Source
      • Soy Yogurt
      • Almond Yogurt
      • Coconut Yogurt
      • Oats Yogurt
      • Others
    • By Flavors
      • Plain/Unflavored
      • Flavored
        • Berry
        • Vanilla
        • Chocolate
        • Others
      • By Distribution Channel
        • Offline
          • Convenience Store
          • Supermarkets and Hypermarkets
          • Specialty Store
        • Online
  1. Global Non-Dairy Yogurt Market Overview, By Region
    • North America Non-Dairy Yogurt Market Volume (Kilo Tons) & Revenue (USD Billion), by Countries, (2022-2030)
      • US
        • By Source
        • By Flavors
        • By End Use
      • Canada
      • Mexico
    • Europe Non-Dairy Yogurt Market Volume (Kilo Tons) & Revenue (USD Billion), by Countries, (2022-2030)
      • France
      • UK
      • Spain
      • Russia
      • Italy
      • BENELUX
    • Asia Pacific Non-Dairy Yogurt Market Volume (Kilo Tons) & Revenue (USD Billion), by Countries, (2022-2030)
      • China
      • Japan
      • Australia
      • South Korea
      • India
      • ASEAN
  1. Latin America Non-Dairy Yogurt Market Volume (Kilo Tons) & Revenue (USD Billion), by Countries, (2022-2030)
    • Brazil
    • Argentina
    • Chile
  2. Middle East and Africa Non-Dairy Yogurt Market Volume (Kilo Tons) & Revenue (USD Billion), by Countries, (2022-2030)
    • GCC
    • Turkey
    • South Africa
  3. Global Non-Dairy Yogurt Market Revenue: Competitive Analysis, 2021
    • Key strategies by players
    • Revenue (USD Billion and %), By manufacturers, 2021
    • Player Positioning by Market Players, 2021
  4. Competitive Analysis
    • {{@Company [email protected]}}
      • Business Overview
      • Business Financials (USD Million)
      • Product Category, Type, and Specification
      • Main Business/Business Overview
      • Geographical Analysis
      • Recent Development
      • Swot Analysis
    • General Mills
    • Danone
    • Valio Ltd
    • Chobani, LLC
    • Forager Project
    • Daiya Foods Inc.
    • Nancy’s (Spring Field Creamary)
    • SunOpta
    • COYO Pty Ltd.
  1. Market Research Findings & Conclusion

Disclaimer 

Research Methodology

The Market Research Community offers numerous solutions and its full addition in the research methods to be skilled at each step. We use wide-ranging resources to produce the best outcome for our customers. The achievement of a research development is completely reliant on the research methods implemented by the company. We always faithful to our clients to find opportunities by examining the global market and offering economic insights.

Market Research Community are proud of our widespread coverage that encompasses the understanding of numerous major industry domains. Company offers consistency in our research report, we also offers on the part of the analysis of forecast across a range of coverage geographies and coverage. The research teams carry out primary and secondary research to carry out and design the data collection methods.

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