openPR Logo
Press release

Vegan Yogurt Market: Almond-milk Based Yogurt the Most Preferred Variant – Fact.MR Study

12-16-2021 07:15 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Fact.MR

Vegan Yogurt Market

Vegan Yogurt Market

The unprecedented COVID-19 pandemic has affected the global economy to a great extent. Considering the food industry, one of the most important sectors of the economy, a tremendous impact has been witnessed on the entire process from the field to the consumer. The restrictions in the movement of workers, closure of food production facilities, and changes in consumer demand have put excessive pressure on the food industry.

The report offers actionable and valuable market insights of Vegan Yogurt Drinks. The latest report by Fact.MR provides details on the present scenario of the market across various regions along with the historic data and forecast of the market. The report also includes information on the sales and demand of Vegan Yogurt Drinks Market across various industries and regions.

To remain ‘ahead’ of your competitors, request for a sample –  https://www.factmr.com/connectus/sample?flag=S&rep_id=2478

The market study done by Fact.MR gives exclusive information about how the market will grow. The study identifies crucial trends that are determining the growth of Vegan Yogurt Drinks market. This newly published report sheds light on vital dynamics, such as the drivers, restraints, and opportunities for key market players as well as emerging players associated with the production and supply. The latest report by Fact.MR provides detailed Market Analysis of Vegan Yogurt Drinks

This newly published and insightful report sheds light on Market Insights of Vegan Yogurt Drinks, key dynamics, their impact on the overall value chain from suppliers to end-users and Growth of Vegan Yogurt Drinks Market.

The vegan yogurt market is expected to continue its bullish run, driven by a combination of macroeconomic and industry-specific factors. Gains have been driven by vegan yogurt’s availability in a variety of flavors, and the ubiquitous health and wellness trend. These factors helped vegan yogurt sales increase by over 30,000 metric tons in 2018 over 2017, according to recent analysis by Fact.MR.

The Fact.MR study opines that almond yogurt remains the bestseller, accounting for more than half of total vegan yogurt sales in 2018. The trend is expected to prevail as vegan yogurt companies continue to introduce new almond-milk based yogurt products to meet consumers’ taste preferences while enhancing the vegan yogurt’s nutritional value.

The adoption of veganism by famous celebrities and athletes has also added to the cause. Coupled with the endorsement from renowned health institutions and its potential cancer-preventing benefits, vegan products have garnered widespread popularity around the globe.

Need more information about Report Methodology? Click here-  https://www.factmr.com/connectus/sample?flag=RM&rep_id=2478

Vegan Yogurt Market – Market Segmentation
The vegan yogurt market report offers a detailed market breakdown on the basis of volume, value, Y-o-Y growth, and CAGR. The report segments the market on the basis of region, end use application, sales channel, and product type.

Households Account for 80% Consumption of Vegan Yogurt
Fact.MR finds that over 80% of vegan yogurt is consumed in households. Further, the compact packaging of vegan yogurt allows the consumer to eat it on-the-go, making it an attractive snacking option for busy consumers.

The use of vegan products in food chains and restaurants is gradually gaining traction; the study found moderate growth in the utilization of vegan yogurt and products in the food service industry. Although households dominate overall consumption, demand for vegan yogurt from households and HORECA is growing at comparable rates.

Full Access of this Exclusive Report is Available at-  https://www.factmr.com/checkout/2478

Companies Look Towards Vegan Yogurt As ‘Mindful Choices’ Trend Drives the Food Industry
Companies in the food processing and production industry are looking to capitalize on the ‘mindful choices’ trend. On account of the popularity of the trend, multiple small and large companies are launching new vegan products to consolidate their position. The fierce competition induced in the market as a result of the growing demand for vegan products is expected to lower pricing and encourage innovations in the field.

Numerous researches have linked serious health risks with the consumption of dairy products in the recent past. Increasing awareness about the potential side effects of dairy products is inducing a shift towards vegan products. This is also providing an impetus to the growth of vegan yogurt market. The opportunities emerging in this sector are not lost on F&B companies who are introducing more vegan products to capitalize on the situation.

Quick and Easy Ingredient Procurement a Boon for Companies
Vegan yogurts utilize soy, almond, coconut or other plant-based milk for production. These ingredients are easily available, saving processors the volatilities associated with other ingredients. Moreover, the use of plant-based milk for the production of yogurt does not entail the rearing of cattle which has led to a lot of controversies in recent times.

The study opines that the Asia Pacific excluding Japan (APEJ) will remain the largest market for vegan yogurt globally. The APEJ market is likely to reach US$ 3.5 billion in revenues by 2019-end. Asia Pacific is home to some of the most populous countries on the planet and the evolving consumer needs and preferences promise formidable growth prospects in the region.

The Fact.MR report tracks the vegan yogurt market for the period 2018-2027. According to the report, the vegan yogurt market is projected to grow at 4.8% CAGR through 2028.

Read More Trending Reports of Fact.MR-https://www.einpresswire.com/article/556952826/why-is-the-japan-an-opportunistic-cellulose-automotive-air-filter-landscape-report-fact-mr

Key Question answered in the survey of Vegan Yogurt Drinks market report:

Sales and Demand of Vegan Yogurt Drinks
Growth of Vegan Yogurt Drinks Market
Market Analysis of Vegan Yogurt Drinks
Market Insights of Vegan Yogurt Drinks
Key Drivers Impacting the Vegan Yogurt Drinks market
Which are the Key drivers impacted by Vegan Yogurt Drinks market
Restraints Shaping Market Growth
Market Survey of Vegan Yogurt Drinks
More Valuable Insights on Vegan Yogurt Drinks Market

Fact.MR, in its new report, offers an unbiased Market Analysis of Vegan Yogurt Drinks, Sales and Demand of Vegan Yogurt Drinks, analyzing forecast statistics through 2019 and beyond. The study reveals growth projections on the basis of various criteria.

Explore Fact.MR’s Comprehensive Coverage on Food & Beverages:

Protein Ice Cream Market - https://www.factmr.com/report/protein-ice-cream-market

Coffee Fruit Extract Market - https://www.factmr.com/report/3669/coffee-fruit-extract-market

Chewable Coffee Market - https://www.factmr.com/report/2141/chewable-coffee-market

Contact:
US Sales Office :
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583
E-Mail: sales@factmr.com

Corporate Headquarter:
Unit No: AU-01-H Gold Tower (AU),
Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers,
Dubai, United Arab Emirates

About Us:

Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Our sales offices in United States and Dublin, Ireland. Headquarter based in Dubai, UAE. Reach out to us with your goals, and we’ll be an able research partner.

This release was published on openPR.

Permanent link to this press release:

Copy
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 Vegan Yogurt Market: Almond-milk Based Yogurt the Most Preferred Variant – Fact.MR Study here

News-ID: 2500658 • Views:

More Releases from Fact.MR

Craft Spirit Market Anticipates $ 59.47 Billion Valuation by 2034, Driven by 29% CAGR
05-21-2024 | Food & Beverage
Fact.MR
Craft Spirit Market Anticipates $ 59.47 Billion Valuation by 2034, Driven by 29% …
According to the most recent market analysis conducted by knowledgeable analysts at Fact.MR, the size of the worldwide craft spirit market is estimated to be worth US$ 20.5 billion in 2023 and is expected to grow at a CAGR of 29% to reach a valuation of US$ 230 billion by the end of 2033. Craft spirits are growing in popularity because of their exceptional flavor, quality, and distinctiveness. The craft spirits
Bank Kiosk Market Forecasted to Expand Rapidly, Projecting US$ 80 Billion Value by 2033, with 15% CAGR
Bank Kiosk Market Forecasted to Expand Rapidly, Projecting US$ 80 Billion Value …
A recent analysis by knowledgeable experts at Fact.MR values the worldwide bank kiosk market at US$ 18.5 billion in 2023 and projects it will grow at a CAGR of 15% to reach US$ 80 billion by the end of 2033. An automated self-service device called a bank kiosk offers customers a range of banking services without the need for human support. A vital component of the contemporary banking infrastructure, bank kiosks
Smart Badges Market To Witness Exponential Growth, Expected to Hit US$ 50 Billion by 2033 at 9% CAGR
Smart Badges Market To Witness Exponential Growth, Expected to Hit US$ 50 Billio …
The smart badge market is expected to grow at a remarkable compound annual growth rate (CAGR) of 9% from 2023 to 2033, from its estimated valuation of US$ 21 billion in 2023 to US$ 50 billion by 2033. An electrical gadget with an embedded memory or microcontroller in the shape of a touch pad is called a smart badge. It establishes a connection with a reader by short-range wireless connectivity or
Pod Vapes Market Is Forecasted To Increase At A CAGR Of 12.5% By 2033: Fact.MR Report
Pod Vapes Market Is Forecasted To Increase At A CAGR Of 12.5% By 2033: Fact.MR R …
The global pod vape market, valued at USD 2.52 billion in 2023, is projected to grow significantly, reaching USD 8.18 billion by 2033. This expansion represents a compound annual growth rate (CAGR) of 12.5% over the decade. The Pod Vape Industry sales study offers a comprehensive analysis on diverse features including production capacities, Pod Vape demand, product developments, sales revenue generation and Pod Vape market outlook across the globe. market research report

All 5 Releases


More Releases for Vegan

Demand for Vegan Diet to boost the Global Vegan Supplements Market
According to a new market research report launched by Inkwood Research, the Global Vegan Supplements Market is projected to generate $17076.50 million by 2030, with a CAGR of 8.50% between 2022 and 2030 Browse 47 market data Tables and 43 Figures spread over 193 Pages, along with in-depth analysis on the Global Vegan Supplements Market by Product, Form, Distribution Channel & by Geography. This insightful market research report by Inkwood Research
Vegan Footwear - Fashion Industry To Turn Green With Launch Of Vegan Footwear
he fashion industry is one of the largest contributors to pollutants entering the atmosphere and soil. While consumerism could be the main culprit, the wholesale manufacturing of clothes, shoes, and leather has never been eco-friendly. However, the fashion industry has begun to understand its impact on the environment. What's more, it has taken initiatives to offer sustainable clothes, leather, and footwear. Veganism is no longer limited to food. The vegan population
Demand for Vegan Food to supplement the Global Vegan Cheese Market
According to a new market research report launched by Inkwood Research, the Global Vegan Cheese Market is estimated to attain $4683.0 million by 2028, growing at a CAGR of 15.08% over the period 2021-2028. Browse through 67 market data Tables and 53 Figures spread across 203 Pages and more, along with an in-depth analysis of the Global Vegan Cheese Market by Form, Product, End-User, Distribution Channel, & Geography. This insightful
Rising Inclination towards Vegan Lifestyle to Boost Vegan Noodles Market Demand
The Market Research Survey by “Fact.MR, A Market Research and Competitive Intelligence Provider” highlights the key reasons behind increasing demand of Vegan Noodles. Vegan Noodles market study depicts an in-depth analysis on the current status of Vegan Noodles market that consists of important types, and end uses. To Get In-depth Information View Full Report - https://www.factmr.com/report/3996/vegan-noodles-market Vegan noodles are derived from ingredients that are not derived from animals. In order to reduce
Vegan Ice Cream Market analysis report- with Leading players and Major Types: Ta …
Vegan Ice Cream Market Worldwide Market Reports has announced the addition of the “Global Vegan Ice Cream Market Insights, Forecast to 2025”, The report classifies the global Market in a precise manner to offer detailed insights about the aspects responsible for augmenting as well as restraining market growth. Food industry Vegan Ice Cream market report focuses on areas of particular interest, such as elements of the food industry, customer loyalty programs, and taste
Vegan Cheese Market
https://www.qandqmarketresearch.com/reports/7320715/vegan-cheese-market-69 Vegan cheese is a nondairy cheese mainly produced for vegans as well as for other people who avoid animal products, with those people who are lactoseintolerant. The global Vegan Cheese market is valued at xx million US$ in 2018 and will reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 20192025. The objectives of this study are to define, segment, and project the size