Non-dairy Yogurt Market Status and Outlook 2032

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Non-dairy Yogurt Market to at over 13.5 CAGR by
2032
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Overview of Non-dairy Yogurt Market

• Global Non-dairy Yogurt Market is slated to grow
  significantly through 2032 owing to the
  continuously surging popularity of the vegan
  lifestyle.
• Veganism and vegan lifestyles have become
  increasingly popular in recent years, attributed
  to a rise in the availability of vegan cafes and
  plant-based processed foods. Sainsbury's, for
  example, in its report mentioned that over 90 of
  the UK population considers themselves vegan or
  flexitarian. The accessibility of more tempting
  plant-based alternatives in the food and beverage
  industry is backing the expansion of the vegan
  population. Furthermore, producers' innovative
  approaches to developing plant-based alternatives
  have escalated vegan food consumption, thus
  driving sales of non-dairy yogurt.
• Based on raw material, the almond yogurt segment
  is poised to amass more than USD 1 billion in
  revenue by 2032. The growing popularity of vegan
  products and vegetarianism among consumers is
  propelling the dairy substitutes market forward.
  Almond-based products are free of cholesterol and
  saturated fat. Thus, the rising consumer
  awareness about the importance of good health is
  set to drive segmental growth.

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• With respect to type, the flavored segment is
  speculated to attain high gains by the end of the
  research period. Flavored non-dairy yogurts are
  anticipated to gain prominence among young people
  and children because of their distinctive tastes
  and flavors. These products are available in a
  variety of flavors, including strawberry,
  raspberry, mango, and others. Non-dairy flavored
  yogurt consumption is escalating because of its
  growing popularity as an on-the-go food, which
  will help propel market growth.
• The non-dairy yogurt market has been divided in
  terms of raw material, type, nature, sales
  channel, and region.
• In terms of sales channel, the specialty stores
  segment is set to witness sizable growth in the
  forthcoming years. The rapidly expanding network
  of specialty stores in urban and rural areas is
  expected to augment the demand for non-dairy
  yogurt. The industry revenues will further be
  fueled by the increasing popularity of specialty
  shops that stock all product varieties at varying
  prices.

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• From the regional perspective, the Middle East
  Africa non-dairy yogurt market is estimated to
  garner more than USD 250 million by 2032. Soy and
  almond-based yogurts are popular dairy
  substitutes in the region. The surging number of
  patients suffering from allergies and health
  problems owing to the increased intake of
  additives found in dairy products will drive up
  demand for dairy-alternative products in the
  region. Dairy-free products are also commonly
  used in food and beverage industries which may
  stimulate regional outlook.
• Notable participants in the Non-dairy Yogurt
  market include COYO Pty Ltd, Hain Celestial
  Group Inc, Danone, Blue Diamond Growers, General
  Mills, Inc, Valio Ltd, Chobani LLC, Nancys
  Yoghurt, Epigamia, Lavva, Felices Las Vacas,
  Dahlicious, and WHITECUB

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