Market Overview:
The global coconut yogurt market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to factors such as rising awareness about the health benefits of coconut yogurt, increasing demand for organic products, and growing trend of healthy eating. Coconut yogurt is made by fermenting coconut milk with probiotic cultures, which gives it a thick and creamy texture similar to dairy yogurt. It has a slightly sweet taste and contains high levels of fiber, potassium, magnesium, and vitamin C. Some key players operating in this market are So Delicious Dairy Free (U.S.), Coyo (Australia), Anita’s Yogurt (U.K.), Forager Project (U.S.), Bliss Unlimited LLC.
Product Definition:
Coconut yogurt is a dairy-free yogurt alternative made from coconut milk. It has a thick, creamy texture and a slightly sweet taste, making it a popular choice for those with dietary restrictions or who are looking for a healthier option. Coconut yogurt is high in fiber and contains medium-chain fatty acids, which are believed to have health benefits such as weight loss and improved cardiovascular health.
Conventional:
Conventional yogurt is a milk-based product, which is produced and sold by various brands. It has the same nutritional value as compared to coconut yogurt. The major factor that differentiates conventional from coconut yogurts is the method of production.
Organic:
Organic is a label that indicates that the product or service has not been produced using any harmful chemicals. Organic products are those which were grown, processed, and manufactured in accordance with regulations set by certifications bodies such as The United States Department of Agriculture (USDA), The National Association for Sustainable Agriculture (NASA), and so on.
The global organic yogurt market size was valued at USD 1.05 billion in 2015.
Application Insights:
Food service was the dominant application segment in 2016, accounting for over 70% of the total revenue share. The product is widely used as a dairy alternative in food processing applications such as at restaurants and hotels. It can be used to make various desserts and snacks which help reduce sugar content while maintaining or improving nutritional value of foods.
The demand from health-conscious consumers has driven manufacturers to develop products with low calorie content while still maintaining its yogurt properties such as probiotics and taste. These factors are expected to drive demand over the forecast period from 2017 to 2030.
Supermarkets/hypermarkets accounted for another significant market share in 2016 owing to their ability supply fresh products at bulk rates, thereby driving product adoption by large scale retailers across developing countries like India, China etc.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market with a CAGR of XX% from 2018 to 2030 owing to increasing health consciousness and rising disposable income of consumers in emerging countries, such as China and India. Moreover, growing consumer awareness regarding the benefits associated with coconut yogurt will drive demand over the forecast period. Increasing penetration of international brands in these markets has also been fueling product demand over the past few years. For instance, Yoplait launched an entire line of products under its brand name including Greek 100% Natural Yogurt, Fruit onthe Go Packs (in fruit flavors including strawberry banana pineapple), and Ready To Drink smoothies for breakfast (in flavors including mango peach berry). These product launches are anticipated to further fuel regional growth during the forecast period.
North America held a significant share in global coconut yogurt market due to high consumption by U.S.
Growth Factors:
- Increasing demand for dairy-free and vegan food products
- Rising awareness about the health benefits of coconut yogurt
- Growing popularity of probiotic foods and beverages
- Innovative product offerings by leading players
- Expansion of distribution channels
Scope Of The Report
Report Attributes
Report Details
Report Title
Coconut Yogurt Market Research Report
By Type
Conventional, Organic
By Application
Food Service, Supermarkets/Hypermarkets, Departmental Stores, Specialty Stores, Online Retail
By Companies
Daiya Foods Inc., Maison Riviera, Coyo, Coconut Collaborative, The Icelandic Milk and Skyr Corporation, Lavva, Noosa Yoghurt, Forager Project, Yoplait, GT's Living Foods, Chobani, Harmless Harvest
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
240
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Coconut Yogurt Market Report Segments:
The global Coconut Yogurt market is segmented on the basis of:
Types
Conventional, Organic
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Food Service, Supermarkets/Hypermarkets, Departmental Stores, Specialty Stores, Online Retail
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Daiya Foods Inc.
- Maison Riviera
- Coyo
- Coconut Collaborative
- The Icelandic Milk and Skyr Corporation
- Lavva
- Noosa Yoghurt
- Forager Project
- Yoplait
- GT's Living Foods
- Chobani
- Harmless Harvest
Highlights of The Coconut Yogurt Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Conventional
- Organic
- By Application:
- Food Service
- Supermarkets/Hypermarkets
- Departmental Stores
- Specialty Stores
- Online Retail
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Coconut Yogurt Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Coconut yogurt is a type of yogurt that is made from coconut milk. It has a thicker consistency than regular yogurt and a slightly sweet flavor. Coconut yogurt can be used as an alternative to dairy products in recipes or as a snack on its own.
Some of the major companies in the coconut yogurt market are Daiya Foods Inc., Maison Riviera, Coyo, Coconut Collaborative, The Icelandic Milk and Skyr Corporation, Lavva, Noosa Yoghurt, Forager Project, Yoplait, GT's Living Foods, Chobani, Harmless Harvest.
The coconut yogurt market is expected to register a CAGR of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Coconut Yogurt Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Coconut Yogurt Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Coconut Yogurt Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Coconut Yogurt Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Coconut Yogurt Market Size & Forecast, 2020-2028
4.5.1 Coconut Yogurt Market Size and Y-o-Y Growth
4.5.2 Coconut Yogurt Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Conventional
5.2.2 Organic
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Food Service
6.2.2 Supermarkets/Hypermarkets
6.2.3 Departmental Stores
6.2.4 Specialty Stores
6.2.5 Online Retail
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Coconut Yogurt Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Coconut Yogurt Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Conventional
9.6.2 Organic
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Food Service
9.10.2 Supermarkets/Hypermarkets
9.10.3 Departmental Stores
9.10.4 Specialty Stores
9.10.5 Online Retail
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Conventional
10.6.2 Organic
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Food Service
10.10.2 Supermarkets/Hypermarkets
10.10.3 Departmental Stores
10.10.4 Specialty Stores
10.10.5 Online Retail
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Conventional
11.6.2 Organic
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Food Service
11.10.2 Supermarkets/Hypermarkets
11.10.3 Departmental Stores
11.10.4 Specialty Stores
11.10.5 Online Retail
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Conventional
12.6.2 Organic
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Food Service
12.10.2 Supermarkets/Hypermarkets
12.10.3 Departmental Stores
12.10.4 Specialty Stores
12.10.5 Online Retail
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Conventional
13.6.2 Organic
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Food Service
13.10.2 Supermarkets/Hypermarkets
13.10.3 Departmental Stores
13.10.4 Specialty Stores
13.10.5 Online Retail
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Coconut Yogurt Market: Competitive Dashboard
14.2 Global Coconut Yogurt Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Daiya Foods Inc.
14.3.2 Maison Riviera
14.3.3 Coyo
14.3.4 Coconut Collaborative
14.3.5 The Icelandic Milk and Skyr Corporation
14.3.6 Lavva
14.3.7 Noosa Yoghurt
14.3.8 Forager Project
14.3.9 Yoplait
14.3.10 GT's Living Foods
14.3.11 Chobani
14.3.12 Harmless Harvest
