Non-dairy Yogurt Market
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Non-dairy Yogurt Market size was worth more than USD 2.5 billion in 2022 and is projected to witness 13.5% CAGR between 2023 to 2032. High prevalence of lactose intolerance among people of different age groups will drive the demand for non-dairy products.
Lactose intolerance is a common digestive problem where the body is unable to digest sugar that is present in milk and other dairy products. According to the National Institutes of Health (NIH), about 65% of the adult human population suffers from lactose intolerance. In some situations, this might have an impact on the digestive system by causing excruciating abdominal pain and some other gastrointestinal problems.
Several other factors besides genetics, such as ethnicity, diet, and climate, that affect how individuals respond to lactose may stimulate the shift toward non-dairy items. The population in certain regions is more probable to be lactose intolerance.
Report Attribute | Details |
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Base Year: | 2022 |
Non-dairy Yogurt Market Size in 2022: | USD 2.8 Billion |
Forecast Period: | 2023 to 2032 |
Forecast Period 2023 - 2032 CAGR: | 13.5 |
2023 Value Projection: | USD 10 Billion |
Historical Data for: | 2018 to 2022 |
No of Pages: | 300 |
Tables, Charts & Figures: | 376 |
Segments Covered: | Raw Material, Application |
Growth Drivers: |
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Pitfalls Challenges: |
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High costs associated with plant-based dairy alternatives may impede the market demand. The method for creating plant-based milk is more complex than for manufacturing regular milk, which results in higher production costs. Plant-based dairy products are produced by crushing nuts or beans and adding water, flavors, and nutrients. Depending on how they are made, and the components used, the nutritional and sugar content of plant-based products can vary greatly.
Based on raw material, non-dairy yogurt market share from the soy yogurt segment is anticipated to reach over USD 1.6 billion by 2032. Soy yogurt is produced using soy milk and is available in several forms, including spoonable servings and drinkable varieties. It is recognized as a plentiful source of protein and has a similar nutritional value as dairy products. Due to allergies or food intolerances, consumers are adopting new buying and eating habits like purchasing plant-based products and incorporating a lifestyle that can prevent the consumption of ingredients that can lead to conditions like gastrointestinal issues. Innovations in product taste, quality, and variety will drive consumer interest in crop-based products like soy yogurt.
Regular non-dairy yogurt market is anticipated to witness over 12% CAGR from 2023-2032. Regular non-dairy yogurts have become more popular due to their high nutritional content, simple raw material availability, and increased commercial attractiveness. Plant-based milk, including soy, almond, coconut, oat, and cashew, is mainly used to make regular yogurt products. Since it lacks sweetening and flavoring ingredients, the product is often referred to as unsweetened. It is a good option for diabetes patients who require a sugar-free yogurt alternative. Growing customer demand for a healthy lifestyle would accelerate the purchase of plant-based functional products.
Non-dairy yogurt market share from organic nature segment is poised to exceed USD 4.5 billion by 2032. Natural and unprocessed raw materials are essentially used in making organic non-dairy yogurt. Manufacturers of these yogurts are required to adhere to strict regulations and meet the high-quality standards established by regulatory or governmental agencies. Expanding consumer awareness regarding the health benefits of consuming organic food and the increasing popularity of non-GMO, clean-label products should elevate the demand for organic non-dairy yogurt.
Europe non-dairy yogurt market is projected to expand at over 13.5% CAGR from 2023-2032. A rise in the vegan population in the region will boost product demand as well as create new growth prospects for plant-based product manufacturers. Innovations and developments in plant-based products to enhance the taste and texture will boost product acceptance in the region. Furthermore, the increasing prevalence of lactose intolerance in the European population will influence regional market trends.
Some of the leading companies in the global non-dairy yogurt market include
These companies are focusing on the expansion of production and distribution and launching new products.
COVID-19 pandemic had minor impacts on the non-dairy yogurt industry The pandemic affected the supply and demand chain due to the difficulty in sourcing ingredients such as nuts, soya, and others for preparing non-dairy products. To prevent a similar scenario in the post-COVID-19 era, companies are attempting to secure and preserve their supply networks by partnering with dealers and distributors to guarantee that their products are successfully delivered throughout all regions.
The Global Non-dairy Yogurt Market research report includes in-depth coverage of the industry with estimates & forecasts in terms of volume in kilo tons & in terms of revenue in USD billion from 2018 to 2032 for the following segments:
By Product
By Type
The above information is provided on a regional and country basis for the following:
Europe non-dairy yogurt industry is anticipated to expand at over 13.5% CAGR from 2022-2032 driven by a rise in the vegan population in the region.
Some of the leading companies in the global non-dairy yogurt include COYO Pty Ltd, Hain Celestial Group Inc, Danone, Blue Diamond Growers, General Mills, Inc, Valio Ltd, and Chobani LLC.
Global market size for non-dairy yogurt was worth more than USD 2.5 billion in 2022 and is expected to witness over 13.5% CAGR from 2022-2032.
Non-dairy yogurt industry share from regular type is anticipated to witness over 12% CAGR from 2022-2032 due to growing demand for plant-based functional products.