PUBLISHER: Grand View Research | PRODUCT CODE: 1750785
PUBLISHER: Grand View Research | PRODUCT CODE: 1750785
The global vegan yogurt market size is anticipated to reach USD 11.11 billion by 2030 and is anticipated to expand at a CAGR of 19.7% during the forecast period, according to a new report by Grand View Research, Inc. 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.