Vegan Yogurt Market Size & Forecast
The vegan yogurt market is undergoing a significant transformation, driven by a convergence of factors such as the increasing vegan population, growing health consciousness, widespread lactose intolerance, and a surge in product innovation across the industry. As consumers continue to seek healthier, more ethical, and environmentally sustainable options, vegan yogurt is becoming a popular alternative to traditional dairy products. Additionally, robust investment activity and government initiatives supporting plant-based industries, particularly in emerging economies like Asia-Pacific and Latin America, are expected to offer substantial growth opportunities for the market.
Get Sample Copy @ https://www.meticulousresearch.com/download-sample-report/cp_id=6066?utm_source=Blog&utm_medium=Product&utm_campaign=SB&utm_content=28-05-2025
Key Findings in the Vegan Yogurt Market
By Product Type: In 2025, almond milk yogurt is expected to dominate the market due to its superior nutritional profile and increasing consumer preference for nut-based, lactose-free options.
By Flavor: Chocolate-flavored vegan yogurt is projected to lead the market in 2025, driven by its widespread appeal and ability to cater to both children and adults.
By Distribution Channel: Supermarkets and hypermarkets will likely remain the primary distribution channels in 2025, owing to their wide product range, convenient access, and increasing shelf space dedicated to plant-based items.
By Geography: Asia-Pacific is anticipated to hold the largest share of the vegan yogurt market in 2025, propelled by a large vegetarian demographic, rising disposable incomes, and expanding awareness around plant-based diets.
Vegan Yogurt Market Drivers
Growing Vegan Population
The global shift towards veganism continues to gain traction, influenced by rising awareness around health, environmental sustainability, and ethical concerns regarding animal welfare. Campaigns like Veganuary have seen a year-on-year rise in participation, reaching around 700,000 in January 2024. This is a significant increase from 692,000 in 2022, 582,000 in 2021, and 400,000 in 2020. Globally, over 1.5 billion individuals identify as vegetarians, according to the Great Green Wall organization, while the World Animal Foundation estimates there are around 88 million vegans.
In Europe, the number of vegans grew from 1.3 million in 2016 to 2.5 million in 2020, comprising 3.2% of the population as reported by the European Vegetarian Union. Meanwhile, a 2022 survey by the Vegetarian Resource Group revealed that 6% of Americans refrain entirely from consuming meat and fish, with an even split between vegetarians and vegans. A further 12% regularly eat plant-based meals, and about 45% occasionally include them in their diets. As environmental and ethical considerations become increasingly mainstream, the demand for vegan alternatives like yogurt is expected to rise accordingly. The U.S. plant-based food market alone was valued at USD 7.4 billion in 2021, marking a 6.2% growth over the previous year, based on data from the Plant-based Foods Association and The Good Food Institute.
Growing Awareness Regarding Health and Wellbeing
Health consciousness has become a major influence on food consumption patterns across the globe. With the expansion of urban centers and changing lifestyles due to industrialization and economic progress, more people are paying attention to the long-term health effects of their dietary choices. There is growing awareness about the adverse health effects associated with consuming animal-based dairy products, including issues related to acne, skin conditions, and exposure to unwanted substances like hormones, mycotoxins, and antibiotic residues.
Vegan yogurt presents a healthier alternative, offering reduced levels of saturated fats and cholesterol when compared to full-fat dairy yogurts. This characteristic makes vegan yogurt a favorable choice for consumers managing cardiovascular diseases or high blood pressure. Additionally, its potential to support weight management and reduce allergic reactions further boosts its popularity. As consumers increasingly prioritize wellness and disease prevention, the demand for plant-based yogurts is expected to continue on an upward trajectory.
Vegan Yogurt Market Opportunities
Increasing Investments & Government Support for Plant-Based Industries
The global shift towards sustainable eating habits is prompting companies to realign their business strategies and product lines. Environmentalists and animal rights advocates are pushing dairy companies to adopt more ethical and eco-friendly practices. Consequently, the plant-based and vegan product space is witnessing a substantial influx of investment, both from private enterprises and public institutions.
For example, in September 2024, SunOpta inaugurated a new plant-based beverage facility in Texas, U.S., backed by a significant USD 125 million investment. The goal of this expansion is to increase innovation and manufacturing capacity, reflecting the rising demand for vegan and plant-based alternatives. Similar moves by major players across the food value chain—from producers to retailers—are driving momentum in the vegan yogurt sector and setting the stage for accelerated growth in the coming years.
Get Full Report @ https://www.meticulousresearch.com/product/vegan-yogurt-market-6066?utm_source=Blog&utm_medium=Product&utm_campaign=SB&utm_content=28-05-2025
Vegan Yogurt Market Analysis: Top Market Opportunity
The Almond Milk Yogurt Segment is Expected to Dominate the Vegan Yogurt Market in 2025
Among the various types of vegan yogurt, almond milk yogurt is projected to hold the largest market share in 2025. The popularity of this segment can be linked to several compelling factors. Consumers are increasingly gravitating toward nut-based yogurts due to their nutritional superiority, especially in terms of fiber content and lower sugar and sodium levels.
Almond milk also offers a lower saturated fat profile, making it particularly attractive to health-conscious consumers. Furthermore, the availability of almonds as a raw material for yogurt production is relatively abundant, which supports both scalability and innovation. These advantages contribute to almond milk yogurt’s dominance in the vegan yogurt landscape.
Geographical Analysis
Asia-Pacific Dominates the Vegan Yogurt Market in 2025
The Asia-Pacific region is poised to be the leading geographical market for vegan yogurt in 2025. Several factors contribute to this dominance, including a large vegetarian population, rising interest in plant-based eating, and increasing spending on health and wellness products. Additionally, the prevalence of lactose intolerance and dairy allergies in the region makes vegan yogurt an appealing alternative.
This region also boasts a diverse palate, encouraging the proliferation of various flavors and innovative product formulations. Looking ahead, Asia-Pacific is expected to register the highest compound annual growth rate (CAGR) between 2025 and 2032. This projected growth stems from a combination of rising Western dietary influences, a growing vegan demographic, increased local and multinational production activities, and higher disposable incomes that allow consumers to invest in premium health products.
Key Companies
The competitive landscape of the vegan yogurt market includes a variety of strategic developments undertaken by key industry players from 2021 to 2025. Prominent companies profiled in this market include Danone S.A. (France), Daiya Foods Inc. (Canada), General Mills Inc. (U.S.), Nancy's Probiotic Foods (U.S.), COYO Pty Ltd. (Australia), Chobani, LLC (U.S.), Kite Hill (U.S.), The Hain Celestial Group Inc. (U.S.), Stonyfield Farm, Inc. (U.S.), Forager Project LLC (U.S.), KaTech Ingredient Solutions GmbH (Germany), Epigamia (India), and Oatly A.B. (Sweden).
Vegan Yogurt Industry Overview: Latest Developments from Key Industry Players
In July 2025, The Coconut Collab (U.K.) introduced a high-protein vegan yogurt, signaling a move toward functional plant-based foods. Similarly, Müller Milk & Ingredients (U.K.) launched two new coconut-based yogurt alternatives during the same period. Earlier in March 2024, So Delicious Dairy Free (U.S.) expanded its product portfolio with a 0g added sugar coconut milk yogurt alternative. In July 2021, Alpro (Belgium) unveiled new oat and coconut Greek-style vegan yogurts, highlighting the continuous innovation shaping the market.
Get Sample Copy @ https://www.meticulousresearch.com/download-sample-report/cp_id=6066?utm_source=Blog&utm_medium=Product&utm_campaign=SB&utm_content=28-05-2025