Global Non-dairy Yogurt Market: Overview

Individuals across the globe are now focusing on reducing the intake of lactose and other dairy products. This has increased the demand for non-dairy products significantly in recent years. In this scenario, the demand for non-dairy yogurts has also increased largely across globe. Also relating to the health benefits of non-dairy yogurt that helps in reducing weight, increase metabolism, and minimizes inflammation has further augmented the demand in this market.

The global non-dairy yogurt market is expected to be segmented into type, application, and distribution channel. Non-dairy yogurt is widely employed in frozen dessert, beverages, food, and other. Of these, the food segment is projected to lead the market. Based on distribution channel, the market can be segmented into convenience stores, independent retailers, specialist stores, supermarkets/hypermarkets, mass merchandisers, and others.

Information provided in the report gives out in-depth insight on the global non-dairy yogurt market. The analysts have exercised both primary and secondary research techniques and have referred various other sources to provide complete knowledge about the market. It is categorized based on the key parameters including segmentation, vendor landscape, and geographic analysis. All information given in the report is based on the factual knowledge.

Global Non-dairy Yogurt Market: Trends and Opportunities 

As per the data revealed by the National Institutes of Health, about 80% of the people in Asia Pacific and Africa have lactose intolerance. Therefore, people are looking out for lactose free dairy products for daily consumption. The rising demand for non-dairy yogurt products has increased largely in these regions. Moreover, there is a high demand for flavored yogurt, which will further drive the demand in this market. People are also switching to plant based yogurt having core ingredients as almond milk, soy milk, coconut milk, and hemp milk among other. 

Global Non-dairy Yogurt Market: Geographic Analysis

The key regions covered in the global non-dairy yogurt market include North America, Asia Pacific, Europe, Latin America, and the Middle East and Africa. Of these regions, Europe holds significant share in the market and is likely to dominate the market over the projected period. In countries like United Kingdom and France there is a high demand for flavored yogurt, this has fueled the demand in the Europe non-dairy yogurt market.

Moreover, Asia Pacific is expected to offer lucrative growth opportunities for this market. Rising awareness and increasing efforts to maintain proper health are some of the key reasons providing fillip to the market.

Global Non-dairy Yogurt Market: Companies Mentioned

Vendors in the non-dairy yogurt market are focusing on different business development strategies such as innovation, partnerships, collaboration, mergers and acquisitions, and expansion. By using these strategies will help the players to strengthen their position in the regional and globe market. Vendors are also involved in product development by using advanced technology that will help them in getting competitive edge in over their competitors. The report gives brief description about the key market players and the major strategies used by them. Yoso, The Hain Celestial Group, COYO, The Whitewave Foods Company, Inc., Crunch Culture, Coconut Grove Yogurt, and General Mills are few players taken in the report on the global non-dairy yogurt market. 

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.

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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?

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