The Vegan Yogurt Market was valued at USD 3.82 billion in 2024, and is projected to reach USD 11.11 billion by 2030, rising at a CAGR of 19.70%. Rising importance of plant-based food in developed economies of North America and Europe as a result of growing popularity of vegan nutrition products among health conscious consumers is expected to be a key driving force. Furthermore, growing concerns regarding lactose intolerance on a global level have paved the way for milk alternatives such as vegan yogurt over the next few years.
Vegan yogurt is sold in various flavors including raspberry, strawberry, blueberry, vanilla, peach, lime, macchiato, salted caramel, lemon, cherry, chocolate, mango, rhubarb, pear, fig, kiwi, blackberry, kiwi, banana, pineapple, acai, apple, cinnamon, maple, chia, granola, pina colada, hibiscus, and date. While a number of flavors are being introduced in the market, the plain version is among the most preferred variants. It offers the option to add toppings like fresh fruits, nuts, or condiments based on personal preferences. Plain yogurt helps in moderating sugar intake, depending on the requirements. Manufacturers have been taking these trends into consideration and have been launching products with low-profile flavors.
Vegan yogurt with less than five grams of added sugar has been known to be preferred among consumers. Some companies have been exhibiting a conscious effort to create environment friendly products. In February 2024, Danone's Silk brand introduced a pea-protein-based yogurt available in Key lime and vanilla flavors. Each serving contains 12 grams of protein and live probiotics. The product emphasizes local sourcing, utilizing Canadian pea protein, and is produced in Quebec.
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Vegan yogurt is sold in various flavors including raspberry, strawberry, blueberry, vanilla, peach, lime, macchiato, salted caramel, lemon, cherry, chocolate, mango, rhubarb, pear, fig, kiwi, blackberry, kiwi, banana, pineapple, acai, apple, cinnamon, maple, chia, granola, pina colada, hibiscus, and date. While a number of flavors are being introduced in the market, the plain version is among the most preferred variants. It offers the option to add toppings like fresh fruits, nuts, or condiments based on personal preferences. Plain yogurt helps in moderating sugar intake, depending on the requirements. Manufacturers have been taking these trends into consideration and have been launching products with low-profile flavors.
Vegan yogurt with less than five grams of added sugar has been known to be preferred among consumers. Some companies have been exhibiting a conscious effort to create environment friendly products. In February 2024, Danone's Silk brand introduced a pea-protein-based yogurt available in Key lime and vanilla flavors. Each serving contains 12 grams of protein and live probiotics. The product emphasizes local sourcing, utilizing Canadian pea protein, and is produced in Quebec.
Vegan Yogurt Market Report Highlights
- The soy segment accounted for the largest revenue share of over 45% in 2024 and is expected to maintain its dominance over the forecast period. The dominance is attributed to the lower cost of the product in comparison to most available alternatives in the market.
- The rice segment is anticipated to grow at the fastest CAGR from 2020 to 2030. The product has been gaining popularity among customers as rice milk is considered to be the least allergenic milk among all the dairy milk alternatives.
- The hypermarkets, supermarkets, and convenience stores segment accounted for the largest revenue share in 2024 and is expected to maintain the dominance over the forecast period, owing to the availability of large grocery store chains across the globe with a large customer base
- Europe dominated the market and held a market revenue share of more than 50% in 2024. Positive outlook towards plant-based foods in Western European countries, including Germany, France, and Italy, is expected to have a positive impact on the market.
This report addresses:
- Market intelligence to enable effective decision-making
- Market estimates and forecasts from 2018 to 2030
- Growth opportunities and trend analyses
- Segment and regional revenue forecasts for market assessment
- Competition strategy and market share analysis
- Product innovation listings for you to stay ahead of the curve
Why Should You Buy This Report?
- Comprehensive Market Analysis: Gain detailed insights into the market across major regions and segments.
- Competitive Landscape: Explore the market presence of key players.
- Future Trends: Discover the pivotal trends and drivers shaping the future of the market.
- Actionable Recommendations: Utilize insights to uncover new revenue streams and guide strategic business decisions.
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Table of Contents
Chapter 1. Methodology and Scope
Chapter 2. Executive Summary
Chapter 3. Vegan Yogurt Market Variables, Trends & Scope
Chapter 4. Consumer Behavior Analysis
Chapter 5. Vegan Yogurt Market: Product Estimates & Trend Analysis
Chapter 6. Vegan Yogurt Market: Distribution Channel Estimates & Trend Analysis
Chapter 7. Vegan Yogurt Market: Regional Estimates & Trend Analysis
Chapter 8. Vegan Yogurt Market - Competitive Landscape
List of Tables
List of Figures
Companies Mentioned
The major companies featured in this Vegan Yogurt market report include:- Hain Celestial
- Danone
- General Mills Inc.
- Stonyfield Farm, Inc.
- Daiya Foods.
- Good Karma Foods
- Hudson River Foods
- Nancy's.
- Kite Hill Store
- COYO Pty Ltd.
- Chobani, LLC
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 100 |
Published | May 2025 |
Forecast Period | 2024 - 2030 |
Estimated Market Value ( USD | $ 3.82 Billion |
Forecasted Market Value ( USD | $ 11.11 Billion |
Compound Annual Growth Rate | 19.7% |
Regions Covered | Global |
No. of Companies Mentioned | 12 |