Non-dairy Yoghurt Market for the forecast period, 2017 - 2027
The Millennial population is on the verge of surpassing the baby boomers globally. This population segment is active and diet-conscious. They prefer products with low sugar, fat and lactose as well. Plant-based products are one of the ideal products they desire. Moreover, there is a rise in the number of lactose intolerant people especially in major parts of North America and Asia Pacific. Plant based products in different formats such as beverages and yogurt are lactose free and cater to needs of health conscious customers.
Request for sample Report:https://www.futuremarketinsights.com/reports/sample/rep-gb-4120
Manufacturers in the global market are focussing on product enhancement and development of new flavours. The companies operating in the global market are General Mills Inc., The Hain Celestial Group Inc., Danone, Stonyfield Farm, Inc., and Daiya Foods Inc., among several others. According to the report, the global non-dairy yoghurt market is expected to witness a CAGR of 4.9% from 2017 to 2027. The market is projected to rise to a valuation of US$ 7,431.1 Mn by the end of 2027.
Growing Yogurt Consumption Across the World to Boost Market Growth
The global production of yogurt is expected to rise over the forecast period by approximately 34%. Over the past few years, China, Iran, Turkey, Russia, USA and Germany have been the main producers of yogurt in the global market. Owing to many health benefits associated with the consumption of yogurt, some of the major countries such as U.S., China, and U.K. have witnessed a rise in the consumption rate of yogurt in its different formats such as fat-free yogurt, drinkable yogurt, plant-based yogurt etc. Owing to varying preference and trends in the market, several manufacturers such as Danone and Yakult are coming up with innovative products to grab a large share of the consumer base.
Visit For Table of Contents: https://www.futuremarketinsights.com/askus/rep-gb-4120
According to the National Institutes of Health, around 65% of the total global population have lactose intolerance. This category of the population is unable to digest milk products and the consumption of dairy products could lead to gas bloating, lower belly pain and diarrhoea. Certain parts of the Asia Pacific and the African region have witnessed the highest rate of lactose intolerance in the recent past. As a result, people look out for alternatives to milk and milk products such as soy milk, almond milk, and hemp milk in their regular diet. As a result, there is a rise in consumption of plant-based dairy products in different formats such as beverages, frozen desserts and yogurts especially in countries such as Australia, China, the U.K., and the U.S.
Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services, which are personalized in nature.
FUTURE MARKET INSIGHTS
616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989,
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Non-dairy Yoghurt Market for the forecast period, 2017 - 2027 here
News-ID: 1043761 • Views: 211
More Releases from Future Market Insights
How Changing Dynamics of Cable Testing Market are Reflecting on Growth Strategie …
Global Cable Testing Market: Introduction The cost of the substitution of cables that are concealed is very high. Faults in the cable, bending, kinking, and crushing, are not always visible, which has created the requirement for cable testing. Thus, cable testing helps check the cable functionality, cable quality, and cable conformity. Several times, cable testing by visual inspection is an effective way of identifying the actual problem before it causes any
How Transformative Trends in Self-Organising Network Market are Molding Strategi …
Self-Organising Network: Introduction With accelerated advancements and increasing complexities in the radio network technologies, such as those utilised for the development of LTE and 5G networks, which are used for planning, management, configuration, healing and optimisation, are required to be automated to facilitate efficiency. At present, suppliers are offering self-organising networks that possess the ability to offer optimum performance. Self-organising networks are use cases that perform network governance, including network planning,
Mining Vehicle AC Kits Market: Exploring the Impact of Trends on Strategies of K …
Mining Vehicle AC Kits Market: Introduction Cabin space in mining equipment has become more sophisticated in the recent past. The installation of mining vehicle AC kits has evolved from an optional feature to a necessary feature. Mining equipment manufacturers have made advancements in technology related to efficiency, performance and cost of air conditioning systems in order to make them affordable and economical to enable low-budget and compact installations without compromising on
Key Factors to Fuel Growth of the Talent Acquisition & Staffing Technology and S …
With the growing importance of recruiting and retaining top talent effectively and efficiently, smart hiring processes are the need of the hour. It is about time organisations move beyond merely scrutinising resumes. Salaries and benefits are important factors, but adopting ways that would make candidates an important part of the hiring process will attract the best talent. Studies reveal that due to discrepancies in existing Applicant Tracking Systems (ATS), hiring
More Releases for China
China is a growing Asian country and day by day many people migrate into the country for pursuing their personal needs. But going into China is not an easy task, we have to face some legal steps ahead. Let us define all this legal action in a single word China attestation. China government placed its embassies all over the world for ensuring the trustworthiness of the immigrant’s certificate. There
Packaged Water in China
ReportsWorldwide has announced the addition of a new report title Packaged Water in China to its growing collection of premium market research reports. Packaged Water in China industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2011-15, and forecast to 2020). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market. Synopsis: Essential resource
Agrochemicals Market in China
ReportsWorldwide has announced the addition of a new report title China: Agrochemicals: Market Intelligence (2016-2021) to its growing collection of premium market research reports. The report “China: Agrochemicals: Market Intelligence (2016-2021)” provides market intelligence on the different market segments, based on type, active ingredient, formulation, crop, and pest. Market size and forecast (2016-2021) has been provided in terms of both, value (000 USD) and volume (000 KG) in the report. A
Global Color Steel Tile Market 2017 - South China, East China, Southwest China, …
Color Steel Tile Market Research Report A market study based on the " Color Steel Tile Market " across the globe, recently added to the repository of Market Research, is titled ‘Global Color Steel Tile Market 2017’. The research report analyses the historical as well as present performance of the worldwide Color Steel Tile industry, and makes predictions on the future status of Color Steel Tile market on the basis
Telecom Cloud Billing Services Explore In Regions (South China, East China, Sout …
Big Market Research has added a report, titled, “China Telecom Cloud Billing Services Market Size, Status and Forecast 2022.” The report offers an extensive information and analysis of sales, production, revenue, key manufacturers, drivers & opportunities, and competitive scenario. Moreover, current industry trends and growth prospects are explored along with thorough analysis of each segment for the historic period, 2012–2017 and the forecast period, 2017–2022. The research also offers insights
Restaurant Markets in China
China’s demand for Restaurant has grown at a fast pace in the past decade. In the next decade, both production and demand will continue to grow. The Chinese economy maintains a high speed growth which has been stimulated by the consecutive increases of industrial output, import & export, consumer consumption and capital investment for over two decades. This new study examines China’s economic trends, investment environment, industry development, supply