Today, consumers are more concerned towards healthy lifestyle choices and primarily seeking for products that are plant-based or with vegan options, nutritional benefits and many other. This changing lifestyle has influence the companies to fulfill the needs of consumers seeking for dairy-free alternative products or for consumers who are avoiding dairy based products due to lactose intolerance or any medical reasons. Dairy-Free Yogurt is one of the product fueling the demand in the global market among the consumers seeking for dairy-free alternative products. Currently, the dairy-free alternatives made from plant-based products, soy, oat, coconut, rice and others are gaining popularity in the market. Primarily the demand for dairy-free yogurt is increasing at higher growth, especially in North America and Western European countries due to growing number of vegan food and health conscious consumers.
Drivers influencing the increase in dairy-free yogurt market globally include increasing number of consumers suffering from health problems related to lactose intolerance, milk allergies and many other problems. Other major factors driving the dairy-free yogurt market globally are growing number of health conscious consumers, increasing number of vegan population, and increasing demand for fortified dairy free food and beverages in the world market. Also, the increasing demand for dairy-free yogurt has led to its trending demand as an on-the-go breakfast product or in convenience food market. Further, the growing number of urban population and increasing consumers belong to the high-income level group are also some factors contribute to the growth of dairy-free yogurt market in the developing countries. One of the major challenges that may restrict the growth of dairy-free yogurt market is its higher cost price, fluctuations in the price of raw material and the higher manufacturing cost may become restraint for a growth of dairy-free yogurt market in the short term.
The global Dairy-Free Yogurt market is valued at xx million US$ in 2018 and will reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2019-2025. The objectives of this study are to define, segment, and project the size of the Dairy-Free Yogurt market based on company, product type, end user and key regions.
This report studies the global market size of Dairy-Free Yogurt in key regions like North America, Europe, Asia Pacific, Central & South America and Middle East & Africa, focuses on the consumption of Dairy-Free Yogurt in these regions.
This research report categorizes the global Dairy-Free Yogurt market by top players/brands, region, type and end user. This report also studies the global Dairy-Free Yogurt market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels and distributors.
The following manufacturers are covered in this report, with sales, revenue, market share for each company:
GOOD KARMA FOODS
Amande Cultured Almond Milk
Green Valley Organics
Market size by Product
Market size by End User
Market size by Region
Central & South America
Rest of Central & South America
Middle East & Africa
The study objectives of this report are:
To study and analyze the global Dairy-Free Yogurt market size (value & volume) by company, key regions, products and end user, breakdown data from 2014 to 2018, and forecast to 2025.
To understand the structure of Dairy-Free Yogurt market by identifying its various subsegments.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
Focuses on the key global Dairy-Free Yogurt companies, to define, describe and analyze the sales volume, value, market share, market competition landscape and recent development.
To project the value and sales volume of Dairy-Free Yogurt submarkets, with respect to key regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
In this study, the years considered to estimate the market size of Dairy-Free Yogurt are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
This report includes the estimation of market size for value (million US$) and volume (K MT). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Dairy-Free Yogurt market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.