The global non-dairy yogurt market has experienced significant growth in recent years, driven by increasing consumer demand for plant-based alternatives to traditional dairy products. This trend is expected to continue, with the market projected to expand substantially between 2025 and 2032.
Market Size and Growth Projections
In 2025, the non-dairy yogurt market is estimated to reach approximately USD 2.64 billion. By 2030, the market is expected to grow to USD 5 billion, representing a compound annual growth rate (CAGR) of 13.65% during the forecast period.
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Health and Wellness Trends: A growing awareness of health and wellness has led consumers to seek out non-dairy alternatives perceived as healthier options.
Lactose Intolerance and Allergies: The high prevalence of lactose intolerance among various age groups has increased the demand for non-dairy products.
Vegan and Plant-Based Diets: The rising adoption of vegan and plant-based diets has significantly contributed to the market's expansion.
Product Innovation: Manufacturers are introducing a variety of flavors and formulations, enhancing the appeal of non-dairy yogurts to a broader consumer base.
North America: This region leads the market, driven by a strong consumer inclination towards plant-based diets. The market value is expected to grow from USD 0.75 billion in 2024 to USD 1.2 billion by 2032.
Europe: Europe closely follows, with the market projected to rise from USD 0.7 billion in 2024 to USD 1.12 billion by 2032, driven by health trends and a demand for dairy alternatives.
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The non-dairy yogurt market is characterized by the presence of several key players, including:
Danone
General Mills, Inc.
COYO Pty Ltd
Hain Celestial Group Inc.
Blue Diamond Growers
These companies are focusing on product innovation, strategic partnerships, and expanding their distribution channels to strengthen their market position.
The non-dairy yogurt market is poised for robust growth through 2032, driven by health-conscious consumers, dietary preferences, and continuous product innovations. As the market evolves, opportunities for new entrants and existing players will emerge, particularly in developing regions where awareness and demand for non-dairy alternatives are on the rise.