Introduction:       

Dairy free yogurt is an alternative to traditional yogurt, which is being produced from bovine milk. Dairy free yogurts are produced from plant based ingredient such fruits vegetables nuts and others. These yogurts are also available in different flavors such as chocolate, strawberry, plain, raspberry and others. Generally, consumers opt for dairy free yogurt because of medical reasons such as allergy to dairy based milk, lactose intolerance or any other similar issue. Certain features of dairy free yogurt provided by few manufacturers are that dairy free yogurt is sweetened with organic evaporated cane juice, it has low sodium content, free of saturated fat and free of cholesterol, fruit flavored yogurts are generally flavored with real fruits, dairy free yogurts taste like conventional cow milk's yogurt. Dairy free yogurt can be used in the same ways as dairy based yogurt is being used in cooking, baking or any in another way.

Dairy Free Yogurts Market Segmentation

The dairy free yogurt can be segmented on the basis of end use, source type, distribution channel and packaging type. On the basis of end use, dairy free yogurt is segmented as Horeca and household. On the basis of source, dairy free yogurt is segmented as: soy milk yogurt, almond milk, rice milk, coconut milk and others. On the basis of flavor, dairy free yogurt is segmented as: vanilla, strawberry, mixed berry, raspberry, peach, and others. There are a lot of flavors being available in the market, depending on the market region and manufacturer. On the basis of the distribution channel, dairy free yogurt is segmented as: retail stores, specialty stores, and online retail. On the basis of packaging type dairy free yogurt is segmented as: pouches, tubs, cups, and others. These packaging types involve a lot of innovation in order to attract consumers.

Dairy Free Yogurts Market Global Market Trends and Market Drivers:

Dairy free yogurts market is driven by increasing benefits from its nutrient rich contents. Their nutrient content may change with the type of the milk used for its production like consumers need to be aware before using coconut yogurt that it is lower in protein and higher in fat, so these should be consumed accordingly. There are few dairy free yogurts available which do offer probiotic benefits that are equivalent to dairy based yogurt.            

Usage of dairy free yogurt in-turn has a significant impact on the growth of the dairy based industry, as it involves dairy free milk for its production and so dairy based milk market gets affected. Similar to dairy free milk, dairy free yogurt also faces the same challenges, such as consumers become perplexed while choosing dairy free yogurt or dairy based yogurt, but health awareness or medical issues such as allergies from dairy products or lactose intolerance may lead them to choose dairy free yogurt as a prior option.

Market Regional Outlook:

The regional segment for the market of dairy free yogurt market is segmented into seven different regions: Western Europe, North America, Eastern Europe, Latin America, APEJ, Middle East & Africa and Japan. Being an emerging market, Asia Pacific is anticipated to witness a high market growth during the forecast period because of the high rate of urbanization and consumers awareness about health. Currently, there is a high demand for dairy free yogurt in North America and Western Europe region because of high nutritional and health benefits that customers may experience while using dairy free yogurts.

Dairy Free Yogurts Market Key Players:

There is a lot of variety of dairy free yogurts being produced by manufacturers. Few of the players of dairy free yogurt are Vitasoy, Alpro UK Ltd, Granarolo Group, DREAM, Anita’s, Yoplait USA, Inc., Daiya Foods Inc.

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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