Vegan Yogurt provides healthy nutrients such as protein, probiotics, calcium, vitamin B12 and other minerals without containing dairy. It is a perfect dairy-free alternative for individuals following a vegan or plant-based diet as well as those suffering from lactose intolerance. The versatile vegan yogurt can also be enjoyed as a snack, used in recipes or smoothies.
The global Vegan Yogurt Market is estimated to be valued at US$ 4.15 Mn in 2024 and is expected to exhibit a CAGR of 4.2% over the forecast period 2024-2031, as highlighted in a new report published by Coherent Market Insights.
Market key trends:
The growing health-conscious population across the world has been a key driver accelerating the rise of the vegan yogurt market over the forecast period. With increasing awareness about issues like dairy intolerance, animal welfare and environmental consequences of dairy farming, consumers are seeking out nourishing plant-based alternatives like vegan yogurts. The lucrative health benefits of vegan yogurts such as abundant probiotics, high protein content and lower calories compared to dairy yogurts is increasing its popularity. Product innovations with exotic flavors and textures are further attracting new users. The market is expected to register robust growth over the forecast period on account of rising vegan population, health trends and expanding availability of vegan yogurts in retail outlets.
Segment Analysis
The global acai berry market is dominated by the dietary supplements sub-segment. This is because acai berries are considered highly nutritious and are rich in antioxidants. They contain high levels of anthocyanins, flavonoids and other polyphenolic compounds that provide strong antioxidant benefits. The dietary supplements sub-segment leverages these nutritional properties through various forms like capsules, powders, and tablets.
Key Takeaways
The Global Vegan Yogurt Market Size is expected to witness high growth over the forecast period of 2024 to 2031. The increasing health awareness among consumers regarding nutrition-rich foods is driving the demand for acai berries globally.
Regional analysis: North America holds the leading share in the acai berry market currently owing to rising adoption of superfoods in the region. The United States is projected to be the fastest growing regional market due to growing preference for plant-based and organic foods enriched with antioxidants.
Key players: Key players operating in the acai berry market include Sambazon Inc., Acai Roots, Inc., AcaiExotic, Nativo Acai, Amazon Power, Amazon Forest Trading. Sambazon Inc. holds the leading market position with its wide distribution network across different countries. Acai Roots, Inc. is another prominent player focusing on online sales of frozen acai pulp and acai powder through its e-commerce website.
Get more insights on this topic:
https://www.marketwebjournal.com/vegan-yogurt-market-trends-size-and-share-analysis/
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