DUBLIN--(BUSINESS WIRE)--The "Non-dairy Yogurt Market by Product and Geography - Global Forecast and Analysis 2019-2023" report has been added to ResearchAndMarkets.com's offering.
Global non-dairy yogurt market report looks at factors such as rising number of product launches, increasing awareness about health benefits of non-dairy yogurt products, and growing prominence of vegan food. However, fluctuating prices of ingredients used in product formulation, stringent regulations related to marketing and labeling of non-dairy yogurt products, and an increasing number of product recalls may hamper the growth of the non-dairy yogurt industry over the forecast period.
The non-dairy yogurt market analysis considers sales from almond-based, soy-based, coconut-based, and others. In 2018, the almond-based segment had a significant market share, and this trend is expected to continue over the forecast period. Factors such as multiple health benefits on the consumption of almond-based yogurt will play a significant role in the almond-based segment to maintain its market position.
Global Non-Dairy Yogurt Market: Overview
Increasing awareness about the health benefits of non-dairy yogurt products
There has been an increase in the demand for non-dairy yogurt formulated using natural, healthy ingredients. Rising awareness amongst the consumers about health implications of consuming artificial sugar and dairy products is leading the manufacturers to focus on plant-based, non-GMO products that provide high nutritional value. It helps in weight loss, proper digestive health, and immunity, and reduces the risk of antibiotic-associated with diarrhea. This will lead to the expansion of the global non-dairy yogurt market at a CAGR of 17% during the forecast period.
Rising innovations in product formulation
Vendors operating in the global non-dairy yogurt market are increasingly blending various combinations of plant-based and nut-based milk to formulate non-dairy products. Some innovative flavors and ingredients used in the product are acai, jackfruit, cranberry, pear, fig, kale, and hemp. These product innovations are expected to have a positive impact on the overall market growth.
With the presence of several major players, the global non-dairy yogurt market is fragmented. The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading non-dairy yogurt manufacturers, that include Blue Diamond Growers, COYO Pty Ltd., Danone SA, Dean Foods Co., The Hain Celestial Group Inc.
Key Topics Covered:
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: MARKET LANDSCAPE
- Market ecosystem
- Market characteristics
- Market segmentation analysis
PART 04: MARKET SIZING
- Market definition
- Market sizing 2018
- Market size and forecast 2018-2023
PART 05: FIVE FORCES ANALYSIS
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
PART 06: MARKET SEGMENTATION BY PRODUCT
- Market segmentation by product
- Comparison by product
- Almond-based - Market size and forecast 2018-2023
- Soy-based - Market size and forecast 2018-2023
- Coconut-based - Market size and forecast 2018-2023
- Others - Market size and forecast 2018-2023
- Market opportunity by product
PART 07: CUSTOMER LANDSCAPE
PART 08: GEOGRAPHIC LANDSCAPE
- Geographic segmentation
- Geographic comparison
- Key leading countries
- Market opportunity
PART 09: DECISION FRAMEWORK
PART 10: DRIVERS AND CHALLENGES
- Market drivers
- Market challenges
PART 11: MARKET TRENDS
- Increase in M&A activity
- Growing emphasis on sustainable packaging
- Rising innovations in product formulation
PART 12: VENDOR LANDSCAPE
- Landscape disruption
- Competitive scenario
PART 13: VENDOR ANALYSIS
- Vendors covered
- Vendor classification
- Market positioning of vendors
- Blue Diamond Growers
- COYO Pty Ltd.
- Danone SA
- Dean Foods Co.
The Hain Celestial Group Inc.
For more information about this report visit https://www.researchandmarkets.com/r/t5bp6h