Vegan Yogurt Market is Estimated to Grow at a CAGR of 19.87% within the forecast period of 2022-2030: Cognitive Market Research

Market Overview:
Vegan yogurt is a dairy-free and plant-based alternative to traditional yogurt. Vegan yogurt is rich in vitamins, minerals, and probiotics which makes it a healthy food choice. It is also a good source of protein and calcium. Vegan yogurt is available in different flavors such as vanilla, strawberry, chocolate, and others.

Summary:
• Global Vegan Yogurt market was valued at USD 2.45 billion and is expected to exhibit a CAGR of 19.87 % during the forecast period (2022-2030).
• Europe dominates the global vegan yogurt market with the highest revenue share
• The soy segment accounted for the highest revenue share for the growth of the global vegan yogurt market.
• Increasing health consciousness among people and the growing preference for plant-based food products are forecasted to dominate the global market
• As per cognitive market research analysts, the strawberry flavor is forecasted to dominate the global vegan yogurt market.

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Global Vegan Yogurt Market Dynamics:
Increasing health consciousness among people and the growing preference for plant-based food products are forecasted to dominate the global market. In addition, the growing trend of clean-label food products and dairy alternatives is forecasted to drive global market growth. Furthermore, the increasing number of product launches by leading manufacturers will offer opportunities for the growth of the global market. However, the high cost of the product may hamper the growth of the global market.

Global Vegan Yogurt Market Segmentation:
Application:
• Frozen Dessert
• Food
• Beverages
• Others
By application the market is segmented into frozen desserts, food, beverages, and others, Food segment is forecasted to dominate the global market, due to the increasing demand for vegan yogurt in the food industry drives the demand for the global market.

Flavor:
• Vanilla
• Strawberry
• Mixed Berry
• Raspberry
• Peach
• Others
By flavor, the market is segmented into vanilla, strawberry, mixed Berry, raspberry, peach, and others. The strawberry flavor is forecasted to dominate the global vegan yogurt market, due to increasing demand for strawberry flavor among people.

Product:
• Soy
• Almond
• Oats
• Coconut
• Others
By products, the market is segmented into soy, almond, oats, coconut, and others. The soy segment accounted for the highest revenue share. This is attributed to soy-based yogurt helps to reduce blood sugar levels and cholesterol in the body.

Distribution Channels:
• Offline
• Online
By Distribution Channels, the market is segmented into offline, and online. As per cognitive market research analysts, the online channel is forecasted to dominate the global market, due to the rising penetration of smartphones across the globe.

Competitive Analysis for Vegan Yogurt Market: General Mills, Danone, Hain Celestial Group, Califia Farms, Ripple Foods, Lactalis (Stonyfield Farm), Daiya Foods, Good Karma Foods

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Regional analysis:
Europe dominates the vegan yogurt market with the highest revenue share. This is attributed to an increased number of campaigns on social media and satellite television channels that are projected to dominate the global market. Furthermore, Asia-Pacific is forecasted to dominate the global market. The increasing number of lactose intolerant people and rising consumer preference for a vegan diet is forecasted to dominate the global market.

News:
General Mills Inc. launched a dairy-free product line
In December 2019, General Mills Inc. launched a dairy-free product line of french-style yogurt under its Oui brand. These yogurts are made with coconut milk and are available in raspberry, vanilla, strawberry, and mango flavors.

Browse Here For Full TOC:
Table of Content (Revenue USD Edition), (Enquire about Volume/Consumption Edition Data)
Chapter 1 Industrial Insight and Market Scope
• 1.1 Global Vegan Yogurt Industry Introduction
• 1.2 Objectives of the Study
• 1.3 USP of the Report
• 1.4 Who is this report for?
• 1.5 Designing of Market Scope
1.5.1 Vegan Yogurt Market Segmentation
1.5.1 Vegan Yogurt Market Regional Fragmentation
1.5.1 Vegan Yogurt Market Players
• 1.6 Report Duration
Chapter 2 Research MethodologyReview Complete Research Methodology
Chapter 3 Executive Summary of Vegan Yogurt Market
• 3.1 Global Vegan Yogurt Market Size 2018 - 2030, (USD Million)
• 3.2 Global Vegan Yogurt Market Statistics 2022: Snapshot
Chapter 4 Global Vegan Yogurt Market Overview
Chapter 5 Competitive Analysis (Subject to Availability)
Chapter 6 Qualitative Analysis
Chapter 7 Company Profiling (Subject to Availability)
Chapter 8 Global Vegan Yogurt Market by Type Segmentation Analysis (2018-2030)
Chapter 9 Global Vegan Yogurt Market by Application Segmentation Analysis (2018-2030)
Chapter 10 Global Vegan Yogurt Market by Flavor Segmentation Analysis (2018-2030)
Chapter 11 Global Vegan Yogurt Market by Distribution Channels Segmentation Analysis (2018-2030)
Chapter 12 Global Vegan Yogurt Market Regional Analysis
Chapter 13 North America Vegan Yogurt Market Outlook (2018 - 2030)
Chapter 14 Europe Vegan Yogurt Market Outlook (2018 - 2030)
Chapter 15 Asia Pacific Vegan Yogurt Market Outlook (2018 - 2030)
Chapter 16 Latin America Vegan Yogurt Market Outlook (2018 - 2030)
Chapter 17 Middle East and Africa Vegan Yogurt Market Outlook (2018 - 2030)
Chapter 18 Research Findings
Customized/Exclusive Report Access on Request
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Related Report:
• Plant based Yogurt Market- https://www.cognitivemarketresearch.com/plant-based-yogurt-market-report
• Dairy Free Yogurt Market- https://www.cognitivemarketresearch.com/dairy-free-yogurt-market-report
• Yogurt Drinks Market- https://www.cognitivemarketresearch.com/yogurt-drinks-market-report
• Organic Dairy Free Yogurt Market- https://www.cognitivemarketresearch.com/organic-dairy-free-yogurt-market-report

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Cognitive Market Research has evolved as one leading market research and consulting firm and it provides services across multiple domains. Cognitive Market Research gathers and analyzes data about customers, competitors, distributors, and other market actors and forces operational across the value chain. As a market research company, we follow a complete process of gathering information about the target market and end-use industries to verify the complete journey of the product or service in the global market. It helps our readers understand the demand and viability of their product/service and how it might perform in the real world and help them to build business strategies accordingly.

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