Global Dairy Free Yogurt Market Overview:
Dairy-free yogurt is plant-based yogurt in the yogurt category. Soy is the most popular product bases. This product is specially designed for consumers who are allergic to dairy products. The increasing interest in probiotics is a major driver behind the dairy-free yogurt. The leading brands in non-dairy yogurt are Lavva and Yooga. Some of the key players profiled in the study are Kite Hill (United States), Forager Project (United States), Ripple Foods (United States), Stonyfield (United States), Daiya Foods (Canada), Good Karma Foods, Inc. (United States), Dream Plant Based (United States), So Delicious Dairy Free (United States), Silk (United States) and CocoYo (United States).
On the basis of geography, the market of Dairy Free Yogurt has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Categories, the sub-segment i.e. Almond will boost the Dairy Free Yogurt market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Distribution Channel, the sub-segment i.e. Online Stores will boost the Dairy Free Yogurt market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Flavours, the sub-segment i.e. Peach will boost the Dairy Free Yogurt market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Growing Popularity of Plant-Based Nutrients
- Increase Number of Non-Dairy Products Buyers
- Increasing Interest from Consumers for Different Flavours
- Dairy Fermentation
- High Manufacturing Cost Affects the Growth of the Market
- Strong Opportunity In Future Due To Count Of New Plant Bases Such As Cashew And Rice Will Allow New Entrants Into The Non-Dairy Milk Category
Major Market Developments:
In Jul 2019, Stonyfield Organic announced three new organic yogurts with new savory flavor. Its new product portfolio includes classic yogurt hummus & multigrain tortilla chip, roasted red pepper yogurt hummus & Pretzel, and others.
The major players are exploring the market in new regions by adopting mergers & acquisitions, expansions, investments, new product launches, and other strategies. Key players are exploring new areas through expansions and acquisitions across the world to avail of competitive advantage through combined synergies.
Venture Capitalists and Private Equity Firms, New Entrants/Investors, Analysts and Strategic Business Planners, Dairy-free yogurt Manufacturers, Suppliers, and Distributors, Raw Material Suppliers, Government Regulatory and Research Organizations and End-Use Industries
Major Objectives Focused through this Study
To define, describe, and forecast the Global Dairy Free Yogurt market on the basis of product  , application [Kids and Adults], key regions and end user
To provide in-depth information regarding major influencing factors affecting the growth of the market (trends, drivers, restraints, opportunities, and industry-centric and regional challenges)
To strategically analyse the micro-markets and important business segments with respect to individual growth drivers , market trends and potential, and historical contributions to the total market
Identifying the opportunities in the market for key stakeholders and detailing the competitive landscape for market leaders
To provide market size for various segments of the Dairy Free Yogurt market with respect to major geographies, namely, South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico)
To strategically profile the key players and analyzing their market shares and core competencies in the Dairy Free Yogurt industry
To track key developments such as product launches, expansions, agreements, partnerships, mergers & acquisitions, and R&D activities that are key factors in shaping the market
Available Customization: Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**. Additionally, the Vendors which are also part of the research are Nancy's Yogurt (United States), Lavva (United States), Good Plants (United State) and Chobani (United States).
** Confirmation on availability of data would be informed prior purchase
While framing the research framework, major and emerging players operating in the Dairy Free Yogurt market in various regions have been profiled, and their offerings, geographic footprints, and distribution/sales channels have been analysed through in-depth discussions. Top-down and bottom-up approaches have been used to determine the overall market size. Sizes of the other individual markets have been estimated using the percentage splits obtained through secondary sources such as Hoovers, Bloomberg BusinessWeek, and Dow Jones (Factiva), along with primary respondents. The complete methodology includes the study of the annual and financial reports of the key market players and extensive interviews with industry experts such as CEOs, VPs, directors, and marketing executives for key insights (both qualitative and quantitative) related to the market.