Vegan Yogurt Market Size, Share, and Growth Analysis

Vegan Yogurt Market by Product (Soy, Rice), by Distribution Channel (Hypermarket, Supermarket), by Flavor and Additives (Plain, Fruit-Flavored), by Region -Industry Forecast 2025-2032


Report ID: SQMIG30D2016 | Region: Global | Published Date: January, 2025
Pages: 185 |Tables: 95 |Figures: 70

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Vegan Yogurt Market Insights

Global Vegan Yogurt Market size was valued at USD 4.21 Billion in 2023 poised to grow from USD 4.84 Billion in 2024 to USD 14.70 Billion by 2032, growing at a CAGR of 14.9% in the forecast period (2025-2032).

One of the primary drivers for the global vegan yoghurt market is the increased demand from consumers for plant-based food alternatives on account of moral, environmental, and health factors. The sector is also booming with the acceptance of veganism and heightened awareness about healthy diets. There are scope opportunities in this vegan yoghurt market if explored through a widening distribution network, especially via specialty shops and internet portals. It is still important to innovate product flavors and textures to cater to a wide range of consumer tastes. This cooperation can open possibilities for cross-promotion and entry into new markets among major players and food manufacturers. Consumers increasingly are choosing organic and non-GMO vegan yoghurt, searching for goods that live up to their ideals on the environment and ethics.

Probiotic strains are increasingly being used to enhance health benefits. In addition, consumer demand is driving efforts to produce plant-based yoghurt substitutes that mimic the flavor and texture of dairy yoghurt. Increasing popularity of plant-based diets is a major driver for the vegan yoghurt market. There has been growing concern in society over a safe and healthy environment, which raises a demand for food that addresses such needs. A product falling under this description is vegan yoghurt. According to its name, the product is one of food developed from plant milk; some are made from coconut, soy, or almond milk.

Market snapshot - (2025-2032)

Global Market Size

USD 4.21 Billion

Largest Segment

Soy

Fastest Growth

Rice

Growth Rate

14.9% CAGR

Global Vegan Yogurt Market ($ Bn)
Country Share by North America (%)

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Vegan Yogurt Market Segments Analysis

The global vegan yogurt market is segmented based on product, distribution channel, flavor and additives, and regions. In terms of product, the market is grouped into soy, almond, rice, and others. Based on the distribution channel, the market is segmented into hypermarkets, supermarkets, convenience stores, specialty stores, and online. Based on flavor and additives, the market is segmented into plain, fruit-flavored, nut-flavored, probiotic, and others. Based on region, the market is segmented into North America, Europe, Asia-Pacific, Central & South America and the Middle East & Africa.

Analysis by Product

As per categorization by product, the market is classified as soy, almond, rice, and others. Among these, soy earned the largest share and continues to hold the dominant global vegan yogurt market share. Soy products are central to the global vegan yogurt market due to their versatile texture, high protein content, and mild flavor, which closely mimics traditional dairy yogurt. Soy-based yogurt innovations include fortified formulations with added probiotics, vitamins, and minerals, enhancing its nutritional value. Soy dominates due to its ready availability, cost-effectiveness, and ability to meet various dietary needs, which makes it the number one choice for manufacturers who seek to meet the growing vegan and lactose-free demands.

Rice products are rapidly becoming the fastest-growing segment in the global vegan yogurt market due to their hypoallergenic nature, mild flavor, and smooth texture, making them an ideal base for plant-based yogurt alternatives. Rice-based yogurt is growing in demand with soy, nut, or gluten allergies due to its safe and nutritious quality. Rice is inexpensive, easily available, and easily fortified with such nutrients as calcium and vitamin B12. As consumer demand for allergen-free and dairy-free products is growing, rice is emerging as an excellent choice as a versatile, inclusive, and sustainable product for the plant-based yogurt market.

Analysis by Distribution Channel

The hypermarket distribution channel plays a pivotal role in the global vegan yogurt market by offering a wide variety of plant-based yogurt options in one convenient location. Innovations under the hypermarkets have included improved in-store display, better refrigeration technology, as well as proper sections for plant-based products that also feature brands of vegan yogurt. Hypermarkets lead the pack due to extensive reach, competitive price-points, strong consumer footfall, and availability opening windows of exposure toward wide-reaching demographics; thus, favorable supply chains also guarantee consistent stocks of popular vegan yogurt products thus, these are used both by consumers and manufacturers alike as the most convenient and visible platforms.

The supermarket distribution channel is poised to be the fastest-growing segment in the global vegan yogurt market due to its broad consumer base, accessibility, and increasing demand for plant-based products. Supermarkets include specific plant-based aisles as well as distinct vegan sections with products. Thus, supermarkets make the product easily available for the customer and thereby increase the purchase and sales volumes. The increased local presence with regular foot traffic boosts visibility and subsequent sales. As consumer awareness of lactose-free alternatives as well as vegan alternatives has grown rapidly in recent times, supermarkets are gaining pace and offering a varied range of yogurts at convenient and competitive prices.

Global Vegan Yogurt Market By Product (%)

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Vegan Yogurt Market Regional Insights

North America dominates the global vegan yogurt market due to its growing vegan population, rising health consciousness, and increasing preference for plant-based diets. Demand for dairy-free and lactose-free products in the region is growing rapidly due to health and sustainability consciousness in consumers. More environmentally and ethically conscious consumers in North America also lead the demand shift toward plant-based foods. Extensive distribution networks and innovative flavors and formulations in vegan yogurt have allowed key market players to further entrench North America as the dominant factor in this market. As the region leads in terms of its forward stance on plant-based foods, its position is secured.

Europe is the fastest-growing region in the global vegan yogurt market, driven by increasing consumer demand for plant-based alternatives and heightened awareness of health and sustainability issues. The growth in demand from European consumers towards vegan and lactose-free diets is on account of their awareness about animal welfare and the environment. The trend of flexitarian diets and growing vegan food chains in retail stores and supermarkets adds speed to the growth of the market. There are also robust regulations in Europe which favour plant-based food products, but the innovation regarding taste and texture appeals to such a broad category of consumers, establishing it as the growth leader of the market.

Global Vegan Yogurt Market By Geography
  • Largest
  • Fastest

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Vegan Yogurt Market Dynamics

Drivers

Rising Vegan and Flexitarian Populations

  • The growing number of vegans and flexitarians, people who reduce animal product consumption without fully eliminating it, is driving the global vegan yogurt market growth. These consumers actively pursue plant-based products to meet nutritional needs and meet health objectives for their diets and thus contribute towards the growth of the vegan yogurt market worldwide.

Product Innovation and Variety

  • Notable factors driving the market in the vegan yogurt sector are incessant innovations in terms of flavours, textures, and formulation. Manufacturers have started to diversify their product lines to offer fruit-flavoured, Greek-style, and fortified vegan yogurts that appeal to a diverse set of tastes and nutritional requirements. That appeals to more customers.

Restraints

Limited Consumer Awareness

  • Limited awareness about vegan yogurt and its health benefits remains a barrier in some regions. While the plant-based diets market continues to expand, many consumers have limited knowledge of the options and benefits of vegan yogurt versus dairy alternatives. This lack of awareness limits wider adoption of the market, particularly in emerging markets.

Availability in Certain Regions

  • For the most part, vegan yogurt remains elusive in some regions since it lacks strong distribution channels and retail presence. Although it's gaining ground in developed markets, availability in the rural or lesser-developed parts of such countries is limited and thus out of reach for a potential consumer group, limiting further market penetration.

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Vegan Yogurt Market Competitive Landscape

The competitive landscape of the global vegan yogurt market is marked by strong growth, with several key players innovating and expanding their product offerings. Companies are now working towards improving taste, texture, and nutritional value for a diverse consumer base. International players include Danone with Alpro, Chobani, Nestlé, and So Delicious Dairy Free. The above companies are constantly investing in R&D to come up with varieties of plant-based yogurts, keeping the competition alive, as demand continues to grow in the dairy-free category.

Top Players in Vegan Yogurt Market

  • Chobani (USA)
  • Nestlé (Switzerland)
  • So Delicious Dairy Free (USA)
  • Oatly (Sweden)
  • Kerry Group (Ireland)
  • Forager Project (USA)
  • Miyoko’s Creamery (USA)
  • Silk (WhiteWave Foods) (USA)
  • The Coconut Collaborative (United Kingdom)
  • Yoplait (General Mills) (USA)
  • CoYo (Australia)
  • Good Karma Foods (USA)
  • Cocoon Nutrition (United Kingdom)
  • Rebel Kitchen (United Kingdom)

Recent Developments

  • In November 2024, Danone’s Alpro brand expanded its plant-based yogurt range with a new line of fortified vegan yogurt products. The range contains added calcium and vitamins, which is targeted towards health-conscious consumers. This development is aimed at meeting the growing demand for functional, nutrient-rich vegan dairy alternatives in global markets, especially in Europe.
  • In May 2024, Chobani introduced a new line of plant-based Greek yogurt, enhancing its portfolio with innovative flavors and improved texture. This development reflects Chobani’s commitment to expanding its presence in the vegan yogurt market, responding to growing consumer interest in plant-based, high-protein dairy alternatives in North America.
  • In August 2023, Oatly launched a new vegan yogurt series, targeting the European market. This innovation comes in flavors of fruits, and it carries probiotics which help with the gut. Being organic and eco-friendly, it supports sustainability-a core focus on Oatly's promotion of plant-based diets as an ecological alternative to dairy.

Vegan Yogurt Key Market Trends

Vegan Yogurt Market SkyQuest Analysis

SkyQuest's ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Correlates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.

As per SkyQuest analysis, the global vegan yogurt industry is driven due to the growth in consumer demands for plant-based alternatives, which gain popularity due to health, ethics, and environment concerns. Hence, with increasingly popular plant-based diets, this market requires innovated products and better distribution channels while key players collaborate for the same cause.

Consumer preference for functional, allergen-free, and sustainable options further fuels market growth. Further, regional shifts such as North America being less competitive than Europe, the latter has been growing very fast, point toward changing nature of this market. Continuous innovation in flavors, textures, and nutritional offerings means that it will continue to be a promising market in the coming years.

Report Metric Details
Market size value in 2023 USD 4.21 Billion
Market size value in 2032 USD 14.70 Billion
Growth Rate 14.9%
Base year 2024
Forecast period (2025-2032)
Forecast Unit (Value) USD Billion
Segments covered
  • Product
    • Soy, Almond, Rice, and Others
  • Distribution Channel
    • Hypermarket, Supermarket, Convenience Stores, Specialty Stores, and Online
  • Flavor and Additives
    • Plain, Fruit-Flavored, Nut-Flavored, Probiotic, and Others
Regions covered North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA)
Companies covered
  • Chobani (USA)
  • Nestlé (Switzerland)
  • So Delicious Dairy Free (USA)
  • Oatly (Sweden)
  • Kerry Group (Ireland)
  • Forager Project (USA)
  • Miyoko’s Creamery (USA)
  • Silk (WhiteWave Foods) (USA)
  • The Coconut Collaborative (United Kingdom)
  • Yoplait (General Mills) (USA)
  • CoYo (Australia)
  • Good Karma Foods (USA)
  • Cocoon Nutrition (United Kingdom)
  • Rebel Kitchen (United Kingdom)
Customization scope

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Table Of Content

Executive Summary

Market overview

  • Exhibit: Executive Summary – Chart on Market Overview
  • Exhibit: Executive Summary – Data Table on Market Overview
  • Exhibit: Executive Summary – Chart on Vegan Yogurt Market Characteristics
  • Exhibit: Executive Summary – Chart on Market by Geography
  • Exhibit: Executive Summary – Chart on Market Segmentation
  • Exhibit: Executive Summary – Chart on Incremental Growth
  • Exhibit: Executive Summary – Data Table on Incremental Growth
  • Exhibit: Executive Summary – Chart on Vendor Market Positioning

Parent Market Analysis

Market overview

Market size

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • SWOT Analysis

KEY MARKET INSIGHTS

  • Technology Analysis
    • (Exhibit: Data Table: Name of technology and details)
  • Pricing Analysis
    • (Exhibit: Data Table: Name of technology and pricing details)
  • Supply Chain Analysis
    • (Exhibit: Detailed Supply Chain Presentation)
  • Value Chain Analysis
    • (Exhibit: Detailed Value Chain Presentation)
  • Ecosystem Of the Market
    • Exhibit: Parent Market Ecosystem Market Analysis
    • Exhibit: Market Characteristics of Parent Market
  • IP Analysis
    • (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
  • Trade Analysis
    • (Exhibit: Data Table: Import and Export data details)
  • Startup Analysis
    • (Exhibit: Data Table: Emerging startups details)
  • Raw Material Analysis
    • (Exhibit: Data Table: Mapping of key raw materials)
  • Innovation Matrix
    • (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
  • Pipeline product Analysis
    • (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
  • Macroeconomic Indicators

COVID IMPACT

  • Introduction
  • Impact On Economy—scenario Assessment
    • Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
  • Revised Market Size
    • Exhibit: Data Table on Vegan Yogurt Market size and forecast 2021-2027 ($ million)
  • Impact Of COVID On Key Segments
    • Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
  • COVID Strategies By Company
    • Exhibit: Analysis on key strategies adopted by companies

MARKET DYNAMICS & OUTLOOK

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • Regulatory Landscape
    • Exhibit: Data Table on regulation from different region
  • SWOT Analysis
  • Porters Analysis
    • Competitive rivalry
      • Exhibit: Competitive rivalry Impact of key factors, 2021
    • Threat of substitute products
      • Exhibit: Threat of Substitute Products Impact of key factors, 2021
    • Bargaining power of buyers
      • Exhibit: buyers bargaining power Impact of key factors, 2021
    • Threat of new entrants
      • Exhibit: Threat of new entrants Impact of key factors, 2021
    • Bargaining power of suppliers
      • Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
  • Skyquest special insights on future disruptions
    • Political Impact
    • Economic impact
    • Social Impact
    • Technical Impact
    • Environmental Impact
    • Legal Impact

Market Size by Region

  • Chart on Market share by geography 2021-2027 (%)
  • Data Table on Market share by geography 2021-2027(%)
  • North America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • USA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Canada
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Europe
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Germany
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Spain
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • France
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • UK
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Europe
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Asia Pacific
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • China
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • India
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Japan
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Korea
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Asia Pacific
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Latin America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Brazil
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of South America
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Middle East & Africa (MEA)
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • GCC Countries
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Africa
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of MEA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)

KEY COMPANY PROFILES

  • Competitive Landscape
    • Total number of companies covered
      • Exhibit: companies covered in the report, 2021
    • Top companies market positioning
      • Exhibit: company positioning matrix, 2021
    • Top companies market Share
      • Exhibit: Pie chart analysis on company market share, 2021(%)

Methodology

For the Vegan Yogurt Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:

1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.

2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Vegan Yogurt Market.

3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.

4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.

Analyst Support

Customization Options

With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Vegan Yogurt Market:

Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.

Regional Analysis: Further analysis of the Vegan Yogurt Market for additional countries.

Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.

Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.

Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.

Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.

Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.

Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.

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FAQs

Global Vegan Yogurt Market size was valued at USD 4.21 Billion in 2023 poised to grow from USD 4.84 Billion in 2024 to USD 14.70 Billion by 2032, growing at a CAGR of 14.9% in the forecast period (2025-2032).

The competitive landscape of the global vegan yogurt market is marked by strong growth, with several key players innovating and expanding their product offerings. Companies are now working towards improving taste, texture, and nutritional value for a diverse consumer base. International players include Danone with Alpro, Chobani, Nestlé, and So Delicious Dairy Free. The above companies are constantly investing in R&D to come up with varieties of plant-based yogurts, keeping the competition alive, as demand continues to grow in the dairy-free category. 'Chobani (USA)', 'Nestlé (Switzerland)', 'So Delicious Dairy Free (USA)', 'Oatly (Sweden)', 'Kerry Group (Ireland)', 'Forager Project (USA)', 'Miyoko’s Creamery (USA)', 'Silk (WhiteWave Foods) (USA)', 'The Coconut Collaborative (United Kingdom)', 'Yoplait (General Mills) (USA)', 'CoYo (Australia)', 'Good Karma Foods (USA)', 'Cocoon Nutrition (United Kingdom)', 'Rebel Kitchen (United Kingdom)'

The growing number of vegans and flexitarians, people who reduce animal product consumption without fully eliminating it, is driving the global vegan yogurt market growth. These consumers actively pursue plant-based products to meet nutritional needs and meet health objectives for their diets and thus contribute towards the growth of the vegan yogurt market worldwide.

Rising Demand for Probiotic-Enriched Vegan Yogurt: Consumers are increasingly seeking vegan yogurts enriched with probiotics for digestive health benefits. As awareness of gut health increases, the brands are including live cultures and functional ingredients to benefit health-conscious people who are drawn to the enhanced nutritional value and digestive support offered by probiotic-enriched plant-based yogurts.

North America dominates the global vegan yogurt market due to its growing vegan population, rising health consciousness, and increasing preference for plant-based diets. Demand for dairy-free and lactose-free products in the region is growing rapidly due to health and sustainability consciousness in consumers. More environmentally and ethically conscious consumers in North America also lead the demand shift toward plant-based foods. Extensive distribution networks and innovative flavors and formulations in vegan yogurt have allowed key market players to further entrench North America as the dominant factor in this market. As the region leads in terms of its forward stance on plant-based foods, its position is secured.

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