Asia-Pacific Dairy-Free Yogurt Market, By Type (Almond, Coconut, Cashew, Soy, Oat, Rice, Others), Flavour (Original/Plain, Strawberry, Vanilla, Blueberry, Others), End User (Household and Food Service Industry), Distribution Channel (Supermarkets/Hypermarkets, Retail and Grocery Stores, Online Market), Application (Food, Beverages, Bioethanol, Pharmaceuticals, Feed), Category (Conventional, Organic), Packaging Type (Tubs, Pouches), Country (China, Japan, India, South Korea, Australia, Singapore, Thailand, Malaysia, Indonesia, Philippines, and Rest of Asia-Pacific) Industry Trends and Forecast to 2029
Market Analysis and Insights : Asia-Pacific Dairy-Free Yogurt Market
Data Bridge Market Research analyses that the Asia-Pacific dairy-free yogurt market to be growing at a CAGR of 7.00% in the forecast period of 2022-2029.
Dairy-free yoghurt is made by fermenting plant-based or non-dairy milk with a culture of active microorganisms known as yoghurt culture. Vegan or dairy-free yogurts contain prebiotics, which are important for gut health and digestion. Likewise, they are high in vitamins, proteins, and minerals, adding to their nutritional worth. Lactose intolerance sufferers will benefit greatly from dairy-free yoghurts. Dairy-free yoghurts are also in high demand among fitness enthusiasts who choose plant-based or non-dairy goods.
The increased popularity of vegan or dairy-free products, and the growing number of people suffering from lactose intolerance around the world will cushion the market’s growth rate. Furthermore, the availability of a wide range of plant-based yoghurts and a shift in customer tastes toward vegan goods are projected to drive market expansion. Additionally, increasing health consciousness among consumers will influence the growth rate of market.
Moreover, increased knowledge about the health benefits of dairy-free yoghurts among fitness enthusiasts, athletes, and the working population and launching new products will boost the opportunities for the growth of dairy-free yogurt market.
However, the high cost of product and presence of other alternatives will hamper the market growth rate. Also, fluctuation in the prices of raw materials will challenge the dairy-free yogurt market throughout the projection period.
This Asia-Pacific dairy-free yogurt market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on dairy-free yogurt market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Asia-Pacific Dairy-Free Yogurt Market Scope and Market Size
The Asia-Pacific dairy-free yogurt market is segmented on the basis of type, flavour, end user, application, distribution channel, category and packaging type. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of type, the dairy-free yogurt market is segmented into almond, coconut, cashew, soy, oat, rice, and others.
- Based on flavour, the dairy-free yogurt market is segmented into original/plain, strawberry, vanilla, blueberry, and others.
- Based on the end-user, the dairy-free yogurt market is segmented into food service industry and household.
- Based on distribution channel, the dairy-free yogurt market is segmented into supermarkets/hypermarkets, retail and grocery stores and online market.
- On the basis of application, the dairy-free yogurt market is segmented into food, beverages, bioethanol, pharmaceuticals, and feed.
- On the basis of category, the dairy-free yogurt market is segmented into conventional and organic.
- On the basis of packaging type, the dairy-free yogurt market is segmented into tubs and pouches.
Asia-Pacific Dairy-Free Yogurt Market Country Level Analysis
The Asia-Pacific dairy-free yogurt market is analyses and market size, volume information is provided by country, type, flavour, end user, application, distribution channel, category and packaging type as referenced above.
The countries covered in the Asia-Pacific dairy-free yogurt market report are China, Japan, India, South Korea, Australia, Singapore, Thailand, Malaysia, Indonesia, Philippines, and Rest of Asia-Pacific.
The country section of the Asia-Pacific dairy-free yogurt market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of Asia-Pacific brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Asia-Pacific Dairy-Free Yogurt Market Share Analysis
The Asia-Pacific dairy-free yogurt market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, Asia-Pacific presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to Asia-Pacific dairy-free yogurt market.
Some of the major players operating in the Asia-Pacific dairy-free yogurt market are The Luz Almond Company, Oatly, Kite Hill, NUSH FOODS, Hain Celestial, Halsa Foods, Amande Yogurt, Nulac Foods, Good Karma Foods, nudie, Yoso, Barambah Organics, Green Valley Organics, Granarolo S.p.A., and Danone North America Public Benefit Corporation, among others.