North America Dairy-Free Yogurt Market, By Type (Almond, Coconut, Cashew, Soy, Oat, Hemp, Rice and Others), Flavour (Original/Plain, Vanilla, Strawberry, Blueberry, Mango, Raspberry, and Peach), End-User (Household and Food Service Industry), Category (Conventional and Organic), Packaging Type (Tubs, Pouches and Others), Distribution Channel (Store Based and Non-Store Based), Application (Animal and Aquaculture Feed, Pet Food, Dietary Supplements, Food and Beverages, Pharmaceutical, Personal Care and Cosmetics and Others), Country (U.S., Canada and Mexico) Industry Trends and Forecast to 2029
Data Bridge Market Research analyses that the global dairy-free yogurt market will project a CAGR of 6.99% for the forecast period of 2022-2029. Growth and expansion of the food and beverages industry, ever-rising population around the globe, rising consumer consciousness towards high quality, healthy and nutritional food products, rise in the demand for non-dairy protein food products and increasing personal disposable income by the major companies are the major factors attributable to the growth of dairy-free yogurt market.
From the name itself, it is clear that dairy-free yogurt is a non-dairy or plant based yogurt that is consumed for its nutritional value. Non-dairy yogurt offers high protein and calcium to the consumers and also boosts the immunity.
Rising awareness about the health benefits of yogurt and increase in the accepting of organic products and plant based products are the major factors fostering the growth of the market. Growing lactose intolerant population, rising health consciousness among consumers and growing consumer preference for a vegan diet are other important factors acting as market growth determinants. Increasing focus on the technological advancements in the food processing machinery and rising focus on domestic manufacturing will further induce growth in the market value.
However, fluctuations in the prices of raw materials will pose a major challenge to the growth of the market. Limitations in the production process owing to the lack of advanced technology in the underdeveloped economies and high cost of products will also hamper the market growth rate.
This 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.
Global Dairy-Free Yogurt Market Scope and Market Size
The dairy-free yogurt market is segmented on the basis of type, flavour, end-user, category, packaging type and distribution channel. 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, cashew, hemp, coconut, soy, oat, rice and others.
- Based on flavour, the dairy-free yogurt market is segmented into original/plain, strawberry, blueberry, mango, raspberry and peach.
- Based on end-user, the dairy-free yogurt market is segmented into household, and food service industry.
- 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 store based, and non-store based. Store based is further segmented into supermarkets & hypermarkets, convenience stores and others.
- Based on distribution channel, the dairy-free yogurt market is segmented into supermarkets/hypermarkets, retail and grocery stores and online market.
Dairy-Free Yogurt Market Country Level Analysis
The dairy-free yogurt market is analyses and market size, volume information is provided by country, type, flavour, end-user, category, packaging type and distribution channel as referenced above.
The countries covered in the dairy-free yogurt market report are U.S., Canada and Mexico.
U.S. in North America dominates the market owing to the presence of major players in this region and rising demand for plant-based food among consumers.
The country section of the 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 global 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 Dairy-Free Yogurt Market Share Analysis
The 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, global 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 dairy-free yogurt market.
The major players covered in the dairy-free yogurt market report are Oatly AB, Kite Hill, The Luz Almond Company Pty.Ltd., The Hain Celestial Group, Halsa Foods, Nush Foods, Amande yogurt, Nulac foods, Nudie, Yoso, Yoplait USA, Granarolo Group, Vitasoy, Daiya Foods Inc., Green Valley Organics among others.
Customization Available : North America Dairy-Free Yogurt Market
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