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Vegan Yogurt Market Reflect Impressive Growth Rate to During 2021-2031 | Danone, General Mills Inc., Stonyfield Farm, Inc., Daiya Foods Inc

10-18-2023 07:18 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Global Insight Services

Vegan Yogurt Market

Vegan Yogurt Market

New York, Vegan yogurt is a type of yogurt made without the use of any animal products. This includes milk, cream, eggs, or honey. Vegan yogurts are typically made from plant-based milks, such as soy, almond, or coconut milk. They can also be made from other plant-based ingredients, such as cashews or oats. Vegan yogurts often contain live and active cultures, which are beneficial bacteria that help promote a healthy gut. These yogurts can also be a good source of calcium, vitamin D, and other nutrients.

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Key Trends

The key trends in vegan yogurt technology are the use of plant-based ingredients, the development of new flavors, and the use of probiotics.

Plant-based ingredients:

There is a trend toward using plant-based ingredients in vegan yogurt. This includes the use of soy milk, almond milk, and coconut milk. Soy milk is the most popular plant-based milk used in vegan yogurt. Soy milk is a good source of protein and also contains isoflavones, which have health benefits. Almond milk is also a popular choice for vegan yogurt. It is high in calcium and vitamin E. Coconut milk is another popular choice for vegan yogurt. It is high in saturated fat, which can help to improve the texture of the yogurt.

New flavors:

There is a trend toward developing new flavors of vegan yogurt. This includes the use of fruits, vegetables, and spices. Fruits such as strawberries, blueberries, and bananas are popular choices for vegan yogurt. Vegetables such as carrots, sweet potatoes, and beets can also be used to create new flavors. Spices such as cinnamon, nutmeg, and cloves can also be used to create new flavors.

Key Drivers

The key drivers of the vegan yogurt market are the growing preference for plant-based diets, the increasing awareness of the health benefits of veganism, and the availability of plant-based alternatives to dairy products.

The growing preference for plant-based diets is driven by a number of factors, including health concerns, ethical considerations, and environmental sustainability. Health-conscious consumers are increasingly aware of the link between diet and chronic diseases such as heart disease, cancer, and diabetes. They are also aware of the impact of animal agriculture on the environment, and the humane treatment of animals.

The availability of plant-based alternatives to dairy products is another key driver of the vegan yogurt market. Plant-based yogurts are made from a variety of plant-based ingredients, such as soy, almond, coconut, and cashew milk. These yogurts are often fortified with vitamins and minerals, and are available in a variety of flavors.

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Market Segments

The Vegan Yogurt Market is segmented by product, distribution channel, and region. By product, the market is divided into soy, almond, rice, and others. Based on distribution channel, it is bifurcated into hypermarket, supermarket, convenience stores, specialty stores, and online. Region-wise, the market is divided into North America, Europe, Asia-Pacific, and the rest of the World.

Key Players

The Vegan Yogurt Market includes players such as Hain Celestial, Danone, General Mills Inc., Stonyfield Farm, Inc., Daiya Foods Inc., Good Karma Foods, Inc., Hudson River Foods, NANCY'S, Kite Hill and COYO Pty Ltd.

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Reasons to buy Vegan Yogurt Market Report:

• Develop comprehensive understanding of market landscape - industry structure, value-chain, key players, trends, drivers, and challenges
• Drive revenue and market-entry strategy by gaining insights into which segments and geographies are largest and likely to grow fastest
• Formulate sales and marketing strategies by gaining understanding of competitors, their positioning, and strengths & weaknesses
• Develop business and M&A strategies through understanding of latest trends and emerging players in the market
• Refine your business plans by understanding impact of disruptions such as Covid-19 and Russia-Ukraine conflict on the market

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About Global Insight Services:

Global Insight Services (GIS) is a leading multi-industry market research firm headquartered in Delaware, US. We are committed to providing our clients with highest quality data, analysis, and tools to meet all their market research needs. With GIS, you can be assured of the quality of the deliverables, robust & transparent research methodology, and superior service.

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