Press Release Description
Global Vegan Yogurt Market to Flourish at a CAGR of Around 15% During 2025-30
The Global Vegan Yogurt Market size was valued at around USD3 billion in 2024 and is projected to reach USD7 billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 15% during the forecast period (2025-30), cites MarkNtel Advisors in the recent research report. The market is growing unexpectedly because of converting nutritional alternatives, fitness recognition, and ecological concerns. Plant-based diets and veganism are increasingly popular globally, for this reason, producing demand in the market. Furthermore, increasing health consciousness has been generating demand for wholesome, nutritious, plant-primarily based options as they offer probiotics and crucial vitamins. Also, lactose intolerance impacts a sizable population worldwide and will increase the consumption of vegan yogurt. It is perceived as a healthful, cholesterol-free alternative to dairy.
Moreover, the growth is likewise sponsored by environmental concerns within the dairy industry, resulting in immoderate greenhouse gas emissions, animal suffering, and depletion of resources. Another growth factor is product innovation, starting from numerous plant bases, which include almond, soy, coconut, and oat, with specific flavors like turmeric. Additionally, clean-label developments promote organic, non-GMO, and additive-unfastened products. Other boom factors consist of rising e-commerce and demand for functional foods like probiotic-enriched vegan yogurt. Emerging markets like Asia-Pacific and Latin America provide large opportunities as these regions have more attention on such products and are rapidly growing middle-elegance populations.
With a wide scope of business, such as innovative plant bases on chickpeas and quinoa, sustainable packaging options, and partnerships for economies of scale, retailers making forays into private-label vegan yogurts continue to increase accessibility and price reachability. The global market of vegan yogurts is strategically set to gain long-term with their ability to align with present-day trends regarding health, sustainability, and convenience. However, there are significant challenges for the market. High production costs for plant-based yogurt make it not as affordable as its counterparts, which are derived from dairy. Tastes and textures are still considered impediments for those accustomed to the traditional variety. For many developing markets, distribution and product quality may also be affected by cold-chain infrastructure, further states the research report, “Global Vegan Yogurt Market Analysis, 2025.”
Global Vegan Yogurt Market Segmentation Analysis
Soy-Based Yogurts Holding the Largest Market Share
Based on Source, the market is further bifurcated into Almond, Rice, Soy, Oat, Coconut, and Others. Out of them, Soy leads the Global Vegan Yogurt Market. It occupies about 45% share of the entire market. Yogurts made from soy are the leading choice in the industry, with versatility factors coupled with high protein & creamy texture. These elements appeal to both consumers and producers. Soy is an economical ingredient that helps vegan yogurt to achieve competitive prices to some extent. Health-conscious buyers consider soy-based yogurts as a better option since they contain high levels of vitamins, minerals, and antioxidants. They are also enriched with calcium and vitamin B12. Soy-based products have received consumer acceptance over the years, especially in North America and Europe. The popularity of plant-based diets is further confirming soy's position as a leading market player.
Asia Pacific Leads the Vegan Yogurt Industry
Asia Pacific leads the Global Vegan Yogurt Market. It accounts for approximately 33% of the overall market. The considerable and varied population of Asia, along with an expanding middle class focusing on fitness and well-being, propels the prominence of the vegan yogurt market. Lactose intolerance prevalent in international locations such as China, Japan, and India, alongside greater attention to the advantages of plant-based diets, has significantly boosted demand. Moreover, the sizable accessibility of plant-primarily based components like soy and coconut within the region also promotes the advent and intake of vegan yogurt, aiding its market growth.
Furthermore, an expanded rate of lactose intolerance in the population has brought on a high percent upward push in the usage of milk alternatives and, thereby, vegan yogurt. Regional as well as global players are grabbing this trend with the aid of launching progressive merchandise unique to local preferences. This will increase the market growth and, in addition, set up the region’s leadership globally throughout the forecast duration.
Competitive Landscape
With strategic initiatives such as mergers, collaborations, and acquisitions, the leading market companies, including Met Foods, Cocos Organic, Hain Celestial, G.T.’s Living Foods LLC, Danone S.A., General Mills Inc., Stonyfield Farm, Inc., Daiya Foods Inc., Good Karma Foods, Inc., Hudson River Foods, NANCY'S, Kite Hill, COYO Pty Ltd., Nush Foods, Chobani. LLC, Barambah Organics Pty Ltd., Blue Diamond Growers, Dean Foods, Granerolo S.P.A., and others are looking forward to strengthening their market positions.
Key Questions Answered in the Research Report
- What are the industry’s overall statistics or estimates (Overview, Size- By Value, Forecast Numbers, Segmentation, Shares)?
- What are the trends influencing the current scenario of the market?
- What key factors would propel and impede the industry across the globe?
- How has the industry been evolving in terms of geography & product adoption?
- How has the competition been shaping up across various regions?
- How have buying behavior, customer inclination, and expectations from product manufacturers been evolving during 2020-30?
- Who are the key competitors, and what strategic partnerships or ventures are they coming up with to stay afloat during the projected time frame?
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