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Non-dairy Yogurt Market by Product and Geography - Global Forecast and Analysis 2019-2023
SKU ID : TNV-14620411 | Publishing Date : 22-Aug-2019 | No. of pages : 123
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Reseller Abstract
Global Non-Dairy Yogurt Market: About this market
non-dairy yogurt market analysis considers sales from almond-based, soy-based, coconut-based, and others. Our analysis also considers the sales of non-dairy yogurt in APAC, Europe, North America, South America, and MEA. In 2018, the almond-based segment had a significant market share, and this trend is expected to continue over the forecast period. Factors such as multiple health benefits on the consumption of almond-based yogurt will play a significant role in the almond-based segment to maintain its market position. Also, our global non-dairy yogurt market report looks at factors such as rising number of product launches, increasing awareness about health benefits of non-dairy yogurt products, and growing prominence of vegan food. However, fluctuating prices of ingredients used in product formulation, stringent regulations related to marketing and labeling of non-dairy yogurt products, and an increasing number of product recalls may hamper the growth of the non-dairy yogurt industry over the forecast period.
Global Non-Dairy Yogurt Market: Overview
Increasing awareness about the health benefits of non-dairy yogurt products
There has been an increase in the demand for non-dairy yogurt formulated using natural, healthy ingredients. Rising awareness amongst the consumers about health implications of consuming artificial sugar and dairy products is leading the manufacturers to focus on plant-based, non-GMO products that provide high nutritional value. It helps in weight loss, proper digestive health, and immunity, and reduces the risk of antibiotic-associated with diarrhea. This will lead to the expansion of the global non-dairy yogurt market at a CAGR of 17% during the forecast period.
Rising innovations in product formulation
Vendors operating in the global non-dairy yogurt market are increasingly blending various combinations of plant-based and nut-based milk to formulate non-dairy products. Some innovative flavors and ingredients used in the product are acai, jackfruit, cranberry, pear, fig, kale, and hemp. These product innovations are expected to have a positive impact on the overall market growth.
For the detailed list of factors that will drive the global non-dairy yogurt market during the forecast period 2019-2023, click here.
Competitive Landscape
With the presence of several major players, the global non-dairy yogurt market is fragmented. robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading non-dairy yogurt manufacturers, that include Blue Diamond Growers, COYO Pty Ltd., Danone SA, Dean Foods Co., The Hain Celestial Group Inc.
Also, the non-dairy yogurt market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.
Global Non-Dairy Yogurt Market: About this market
non-dairy yogurt market analysis considers sales from almond-based, soy-based, coconut-based, and others. Our analysis also considers the sales of non-dairy yogurt in APAC, Europe, North America, South America, and MEA. In 2018, the almond-based segment had a significant market share, and this trend is expected to continue over the forecast period. Factors such as multiple health benefits on the consumption of almond-based yogurt will play a significant role in the almond-based segment to maintain its market position. Also, our global non-dairy yogurt market report looks at factors such as rising number of product launches, increasing awareness about health benefits of non-dairy yogurt products, and growing prominence of vegan food. However, fluctuating prices of ingredients used in product formulation, stringent regulations related to marketing and labeling of non-dairy yogurt products, and an increasing number of product recalls may hamper the growth of the non-dairy yogurt industry over the forecast period.
Global Non-Dairy Yogurt Market: Overview
Increasing awareness about the health benefits of non-dairy yogurt products
There has been an increase in the demand for non-dairy yogurt formulated using natural, healthy ingredients. Rising awareness amongst the consumers about health implications of consuming artificial sugar and dairy products is leading the manufacturers to focus on plant-based, non-GMO products that provide high nutritional value. It helps in weight loss, proper digestive health, and immunity, and reduces the risk of antibiotic-associated with diarrhea. This will lead to the expansion of the global non-dairy yogurt market at a CAGR of 17% during the forecast period.
Rising innovations in product formulation
Vendors operating in the global non-dairy yogurt market are increasingly blending various combinations of plant-based and nut-based milk to formulate non-dairy products. Some innovative flavors and ingredients used in the product are acai, jackfruit, cranberry, pear, fig, kale, and hemp. These product innovations are expected to have a positive impact on the overall market growth.
For the detailed list of factors that will drive the global non-dairy yogurt market during the forecast period 2019-2023, click here.
Competitive Landscape
With the presence of several major players, the global non-dairy yogurt market is fragmented. robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading non-dairy yogurt manufacturers, that include Blue Diamond Growers, COYO Pty Ltd., Danone SA, Dean Foods Co., The Hain Celestial Group Inc.
Also, the non-dairy yogurt market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
