Vegan Yogurt Market Size, Insights, Growth Rate, Trends Analysis And Forecast To 2030
As per MarkNtel The Global Vegan Yogurt Market size was valued at around USD 3 billion in 2024 and is projected to reach USD 7 billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 15% during the forecast period (2025-30).
Vegan Yogurt Market Systems Market Insights:
Different factors are credited for the expansion of the market. Consumer acceptance of vegan alternatives primarily due to health and environmental concerns is driving an increase in demand for plant-based milk, cheese, and yogurt. Due to the popularity of veganism, the market for Vegan Yogurt expanded quickly. A 2023 survey in the US concluded that around 4% of Americans have turned vegan. More than 87.95 Million populations have opted for veganism by the end of 2023, making a total of around 1.1% of the total global population. This has given a high rise in the demand for the Vegan Yogurt Market globally.
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Vegan Yogurt Market Systems Market Segmentation:
By Flavor
- Plain- Market Size & Forecast 2020-2030, USD Million
- Chocolate- Market Size & Forecast 2020-2030, USD Million
- Vanilla- Market Size & Forecast 2020-2030, USD Million
- Strawberry- Market Size & Forecast 2020-2030, USD Million
- Banana- Market Size & Forecast 2020-2030, USD Million
- Pineapple- Market Size & Forecast 2020-2030, USD Million
- Mango- Market Size & Forecast 2020-2030, USD Million
- Others- Market Size & Forecast 2020-2030, USD Million
By Source
- Almond- Market Size & Forecast 2020-2030, USD Million
- Rice- Market Size & Forecast 2020-2030, USD Million
- Soy- Market Size & Forecast 2020-2030, USD Million
- Oat- Market Size & Forecast 2020-2030, USD Million
- Coconut- Market Size & Forecast 2020-2030, USD Million
- Others- Market Size & Forecast 2020-2030, USD Million
By Sales Channel
- Offline Sales Channel- Market Size & Forecast 2020-2030, USD Million
- Supermarkets/Hypermarkets- Market Size & Forecast 2020-2030, USD Million
- Departmental Stores- Market Size & Forecast 2020-2030, USD Million
- Convenience Store- Market Size & Forecast 2020-2030, USD Million
- Other Sales Channel- Market Size & Forecast 2020-2030, USD Million
- Online Sales Channel- Market Size & Forecast 2020-2030, USD Million
- Company Website- Market Size & Forecast 2020-2030, USD Million
- E-commerce Platform- Market Size & Forecast 2020-2030, USD Million
By End User
- Bakery & Confectionery- Market Size & Forecast 2020-2030, USD Million
- Snacks & Savouries- Market Size & Forecast 2020-2030, USD Million
- Ready-to-Eat Meals- Market Size & Forecast 2020-2030, USD Million
- HoReCa- Market Size & Forecast 2020-2030, USD Million
- Households- Market Size & Forecast 2020-2030, USD Million
By Region
- North America
- South America
- Europe
- The Middle East & Africa
- Asia-Pacific
Vegan Yogurt Market Recent Development:
- May 2024: As part of its collaboration with Erewhon Market (Erewhon), an organic grocery store, and cafe in Los Angeles, GT's Living Foods (GT's), a pioneer and leader in living, fermented foods, is announcing its premiere in Kendall Jenner's exclusive Peaches & Cream smoothie.
- May 2023: Stonyfield Farm, Inc. announced a USD 7 Million Plant Expansion of its Londonderry, New Hampshire facility to meet the growing demand for its vegan yogurt pouches.
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Vegan Yogurt Market Drivers:
Burgeoning Demand for Lactose-Free Products – Globally, 68% of the overall populace is stricken by lactose malabsorption. In diverse areas of Africa and Asia, most humans are afflicted by lactose intolerance as a consequence, augmenting a heavy requirement for lactose-free products and, in the long run, driving market growth & expansion. 36% of the US populace is stricken by the problem of lactose intolerance. It has a very high prevalence rate in Asia, Africa, and Latin America regions, developing most of the market demand. This focus drives consumers to an increasing number of look to vegan options, which tend to exclude lactose. Almond, oat, and soy milk function as secure and nutritious vegan selections, allowing individuals to experience dairy-like enjoyment without the discomfort linked to standard yogurt. For instance, the popularity of soy-based yogurt has surged appreciably in regions like North America, partially because of its enchantment to lactose-intolerant individuals and its sustainable traits. Brands are reacting by introducing extra lactose-loose products and emphasizing taste, texture, and fortification to resemble the nutrition and flexibility of traditional dairy, ultimately driving market growth.
Report Highlights Essential Insights for Strategic Decision-Making
- Detailed market size, share, and forecast analysis
• In-depth pricing trends and segment-wise cost evaluations
• Key industry strategies, including innovation, partnerships, and acquisitions
• Critical value chain analysis and stakeholder profiling
• Regional import-export market insights and trade flow assessment
• Thorough competitive benchmarking of top hearing aid manufacturers
• Identification of new growth opportunities and niche market segments
• Overview of market trends, drivers, and challenges shaping future demand
Some of the leading players in the Vegan Yogurt Market are:
- Met Foods
- Cocos Organic
- Hain Celestial
- T.’s Living Foods LLC
- Danone S.A.
- General Mills Inc.
- Stonyfield Farm, Inc.
- Daiya Foods Inc.
- Good Karma Foods, Inc.
- Hudson River Foods
- NANCY'S
- Kite Hill
- COYO Pty Ltd.
- Nush Foods
- LLC
- Barambah Organics Pty Ltd.
- Blue Diamond Growers
- Dean Foods
- Granerolo S.P.A. and others.
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Research Methodology Summary
A systematic approach is used to ensure accurate market insights, combining both bottom-up and top-down methods. Data triangulation validates findings from multiple angles.
Key Steps:
- Define objectives and research design
- Collect data through surveys and interviews
- Analyze and validate data using reliable tools
- Forecast trends and deliver actionable insights
About us:
MarkNtel Advisors is a leading global market intelligence firm specializing in the food and beverages industry, encompassing food supplements & additives, food logistics, and warehousing solutions. We deliver comprehensive research on supply chain efficiency, evolving consumption trends, and regulatory shifts. With our Custom Market Analysis, we offer tailored insights to manufacturers, distributors, and investors, helping them optimize operations, strengthen market positioning, and drive sustainable growth in the global F&B ecosystem.
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