Future Vegan Yogurt Market: Key Dynamics, Size & Share Analysis
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). Different factors are credited for the expansion of the market.
Top Market Challenges Impacting the Vegan Yogurt Market Growth
High Costs Impeding Market Growth – The high costs of vegan yogurt present a major obstacle in the worldwide market, restricting its attractiveness to a wider audience. The products tend to cost more than traditional dairy options because of costly raw materials, unique manufacturing techniques, and reduced economies of scale. For instance, a 24 oz container of Sprouts Plain Vegan Yogurt is priced at around USD 2.80, or about USD 0.12 per ounce. A 32 oz container of Dannon Whole Milk Non-GMO Project Verified Plain Yogurt costs USD 4.23 or about USD 0.13 per ounce. Additionally, plant-based manufacturers have to pay for innovation, research, and development to try and perfect the taste and texture. This price gap is most prominent in developing markets, where affordability plays a key role in mass adoption.
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Understanding the Core Segments in the Vegan Yogurt Market
Vegan Yogurt Market Size, Share & Industry Trends Analysis- By Flavor (Plain, Chocolate, Vanilla, Strawberry, Banana, Pineapple, Mango, Others), By Source (Almond, Rice, Soy, Oat, Coconut, Others), By Sales Channel (Offline Sales Channel [Supermarkets/Hypermarkets, Departmental Stores, Convenience Store, Other Sales Channel], Online Sales Channel [Company Website, E-commerce Platform]), By End User (Bakery & Confectionery, Snacks & Savouries, Ready-to-Eat Meals, HoReCa, Households).
Geographical Analysis of the Vegan Yogurt Market
- Asia-Pacific
- North America
- South America
- Europe
- The Middle East & Africa
Who Dominates the Vegan Yogurt Market Insights on Key Industry Players?
Companies are strengthening their presence in the Vegan Yogurt market by adopting strategies such as forming strategic alliances, leveraging AI, entering partnerships, pursuing mergers and acquisitions, expanding into new regions, and introducing innovative products and services.
- 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.
- Others
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