Vegan Yogurt Industry Share, Demand, and Future Forecast

Vegan Yogurt Market Projected to Expand at 15% CAGR Through 2030

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. Consumer acceptance of vegan alternatives primarily due to health and environmental concerns is driving an increase in demand for plant-based milk, cheese, and yogurt. Due to the popularity of veganism, the market for Vegan Yogurt expanded quickly. A 2023 survey in the US concluded that around 4% of Americans have turned vegan. More than 87.95 Million populations have opted for veganism by the end of 2023, making a total of around 1.1% of the total global population. This has given a high rise in the demand for the Vegan Yogurt Market globally.

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Strategic Takeaways from the Report:

Market Sizing and Forecasting
Regulatory and Policy Influence
Competitive Trends and MA Activity
Innovation Drivers and Disruptive Technologies
Investment Hotspots and Emerging Niches
Geographical Dynamics and Trade Flows

Vegan Yogurt Market Segment Overview Classification

This market is categorized to offer targeted insights across various operational and consumer-related verticals.

Segment List:

By Flavor

Plain- Market Size Forecast 2020-2030, USD Million
Chocolate- Market Size Forecast 2020-2030, USD Million
Vanilla- Market Size Forecast 2020-2030, USD Million
Strawberry- Market Size Forecast 2020-2030, USD Million
Banana- Market Size Forecast 2020-2030, USD Million
Pineapple- Market Size Forecast 2020-2030, USD Million
Mango- Market Size Forecast 2020-2030, USD Million
Others- Market Size Forecast 2020-2030, USD Million

By Source

Almond- Market Size Forecast 2020-2030, USD Million
Rice- Market Size Forecast 2020-2030, USD Million
Soy- Market Size Forecast 2020-2030, USD Million
Oat- Market Size Forecast 2020-2030, USD Million
Coconut- Market Size Forecast 2020-2030, USD Million
Others- Market Size Forecast 2020-2030, USD Million

Based on Source, Soy leads the Global Vegan Yogurts Market with a share of around 45%. Soy-based yogurts are the market leader due to the versatility factors with high protein creamy texture. These factors appeal to both consumers and producers. Soy is a cost-effective ingredient that helps vegan yogurt reach competitive prices to a certain extent. Health-conscious buyers consider soy-based yogurts as a better option since they contain high levels of vitamins, minerals, and antioxidants. Calcium and vitamin B12 enrich the products. Soy-based products have gained consumer acceptance, especially in North America and Europe, over the years. The popularity of plant-based diets is further solidifying soy's position as a leading market player.

By Sales Channel

Offline Sales Channel- Market Size Forecast 2020-2030, USD Million
- Supermarkets/Hypermarkets- Market Size Forecast 2020-2030, USD Million
- Departmental Stores- Market Size Forecast 2020-2030, USD Million
- Convenience Store- Market Size Forecast 2020-2030, USD Million
- Other Sales Channel- Market Size Forecast 2020-2030, USD Million
Online Sales Channel- Market Size Forecast 2020-2030, USD Million
- Company Website- Market Size Forecast 2020-2030, USD Million
- E-commerce Platform- Market Size Forecast 2020-2030, USD Million

Offline Sales Channel leads the Global Vegan Yogurt Market. It holds approx. 85% share of the total market. The offline channel is leading the global market for vegan yogurt, primarily due to the preference of consumers to purchase perishable products such as yogurt from physical stores. Supermarkets, hypermarkets, and specialty health food stores are the major retail outlets through which consumers obtain a wide variety of vegan yogurt products. Shoppers mostly prefer in-store experience to analyze the freshness of the products, labels, and the details of ingredients. Further, the offline channel also gets benefits through existing distribution networks as well as discounts, promotions, and in-store sampling which stimulates impulse buys. With consumers highly depending on traditional retail stores for daily grocery needs the demand for offline channels goes way high. Offline channels are also the most popular in the global vegan yogurt market despite the increasing number of online sales, mainly because they fulfill the population's immediate consumption and convenience needs.

By End User

Bakery Confectionery- Market Size Forecast 2020-2030, USD Million
Snacks Savouries- Market Size Forecast 2020-2030, USD Million
Ready-to-Eat Meals- Market Size Forecast 2020-2030, USD Million
HoReCa- Market Size Forecast 2020-2030, USD Million
Households- Market Size Forecast 2020-2030, USD Million

By Region

North America
South America
Europe
The Middle East Africa
Asia-Pacific.

Out of them, Asia-Pacific dominates the Global Vegan Yogurt Market. It holds approx. 33% share of the entire global market. The market leadership is driven by the very extensive and diverse population that has a growing middle class that values health and wellness. Increased awareness of plant-based diet advantages, combined with a high rate of lactose intolerance in nations such as; China, Japan, and India, has greatly heightened demand. Moreover, the region’s abundant supply of plant-derived ingredients like soy and coconut facilitates the manufacture and use of vegan yogurt. Increased lactose intolerance in the population has also resulted in a significant increase in the consumption of dairy substitutes including vegan yogurt. Regional and global companies are seizing this trend by launching inventive products customized to local customers. This will add value to the market growth and strengthen the region's world leadership throughout the forecast period.

These divisions help clarify demand patterns and expected shifts.

Market Opportunities

Growing Demand for Clean-Label Products – Clean-label products remain big possibility for the Global Vegan Yogurt Market as consumer needs transparency in phrases of elements, favoring natural, non-GMO, additive-unfastened, and sustainably sourced merchandise. About 60% of global customers look for clean-label products, with plant-based totally alternatives at the forefront. Brands like Forager Project and Cocoyo are well-placed in this industry, offering their organic and additive-unfastened traces. Additionally, smooth-label certifications, including USDA Organic and Non-GMO Project Verified, enhance client beliefs and loyalty. The ever-growing health and environmental awareness contributes to an extended demand. The demand for smooth-label vegan yogurts further complements the well-being and sustainability factors valued by consumers. Innovation and differentiation are recommended to enhance the growth of this market, thus there are ample growth opportunities for both the developed developing markets.

Vegan Yogurt Market Competitive Snapshot from 2025-2030

The report highlights established and emerging players in the global Vegan Yogurt Market, evaluating their strengths, challenges, and potential for innovation.

Key Competitors Include:

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.

Their activities include partnerships, product launches, and geographic expansions.

Vegan Yogurt Industry Prime Challenge

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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