Rising demand for flavored yogurt will help to boost global non-dairy yogurt market in the forecasted period. Non- dairy yogurt is also called as vegan yogurt. It is an alternative for dairy-based yogurt. It is made from milk substitutes obtained from coconut, soy, almond, and others. It is rich in probiotics making it a healthy snack and a substitute for lactose intolerant population.
This growth is primarily driven by High Demand Due To Lactose Intolerance And Allergy Of Milk and Changing Consumer Preferences.
Globally, a noticeable market trend is evident The Introduction of New Flavors and Types
. The Food Products sector in the North America region has been increasing at a sustainable rate and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Vendors, such as Yoso (Canada), The Hain Celestial Group (United States), COYO (United States), The Whitewave Foods Company, Inc. (United States), Crunch Culture (United States), General Mills (United States), Stonyfield Farm Inc. (United States), Daiya Foods Inc. (Canada), Good Karma Foods Inc. (United States) and Hudson River Foods (New York) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Key Developments in the Market:
On 6th March 2019, Nancy’s Probiotic Foods has launched first nationally distributed Oatmilk Non-Dairy Yogurt in the United States. Made from gluten-free oats, this new line of vegan yogurts delivers the creaminess of dairy yogurt with billions of live non-dairy probiotics per serving.
On 15th January 2019, Chobani, LLC, maker of America's 1 Greek Yogurt brand has launched company's first-ever plant-based recipe Non-Dairy Chobani, to give people looking for non-dairy products a delicious option that's packed with probiotics, less sugar1, 2 than other non-dairy brands and contains only natural ingredients.
- High Demand Due To Lactose Intolerance And Allergy Of Milk
- Changing Consumer Preferences
- The Introduction of New Flavors and Types
- The Rising Popularity of Vegan Food
- High Price of Non-Dairy Yogurt Products
- Unstable Charges of Raw Materials
Huge Opportunity Due To the Increase in The Health Consciousness Among The Consumers
Stringent Government Regulation of Food Products
AMA Research follow a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcase the spontaneously changing Vendors landscape impacting the growth of the market. Furthermore, our market researchers extensively analyse the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts, but also include significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Non-dairy Yogurt Study Sheds Light on
The Non-dairy Yogurt Market status quo and key characteristics. To end this, Analyst at AMA organize and took survey of the Non-dairy Yogurt industry Vendors. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Non-dairy Yogurt industry is heading and what are the top priorities. Insights are drawn from financial analysis, the survey and interviews with key executives and industry experts.
How every company in this diverse set of Vendors can best navigate the emerging competition landscape and follow a strategy that helps them position to hold value they currently claim, or capture the new addressable opportunity.