Market Overview:
The global nut milk yogurt market is expected to grow at a CAGR of 7.5% from 2018 to 2030. The growth in the market can be attributed to the increasing awareness about the health benefits of consuming nut milk yogurt and rising demand for healthy and nutritious food products. In addition, growing inclination of consumers towards veganism and lactose-free diets is also propelling the growth of this market. Based on type, the global nut milk yogurt market can be segmented into single variety nuts and mixed nuts. Single variety nuts are those that contain a single type of nut such as almonds, cashews, or pistachios. Mixed nuts are those that contain multiple types of nuts such as peanuts, walnuts, hazelnuts etc. Based on application ,the global nut milk yogurtmarket can be divided into leisure drink ,nutritional supplementand other applications .Leisure drinkapplication dominates thismarket followed by nutritional supplement application .
Product Definition:
Nut milk yogurt is a dairy-free yogurt alternative made from nuts, water, and probiotics. It has a thick, creamy texture and a slightly nutty flavor. Nut milk yogurt is high in protein and calcium and contains healthy gut bacteria that can improve digestion. It is also gluten-free and vegan-friendly.
Single Variety Nuts:
Single variety nuts is a term used for referring to products made from a single type of nut. The product can be obtained from the shell or skin of the nut, and it contains all the essential nutrients that are required by humans. Single variety nuts contain omega 3 fatty acids, vitamin E, copper, manganese and magnesium among others.
Mixed Nuts:
Mixed nuts are a combination of various types of nuts including almonds, cashews, hazelnuts and walnuts. These are used as an ingredient in nut milk yogurt. The product is gaining popularity owing to its nutritional benefits which include high protein content and low fat content. Mixed nuts also contain various vitamins and minerals such as vitamin B6, magnesium, copper & selenium which helps in boosting the immune system along with lowering cholesterol levels thereby preventing heart diseases.
Application Insights:
The nutritional supplement application segment led the global nut milk yogurt market in 2017. This is attributed to growing awareness among consumers regarding their health and wellness. Moreover, rising demand for protein-rich nutritional supplements will drive this segment over the forecast period. The leisure drink application segment is expected to witness a CAGR of XX% from 2018 to 2030 owing to its ability to reduce stress and anxiety, thereby making people feel relaxed and sleepy after consumption.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position through 2030, owing to growing consumer awareness regarding health benefits of nut milk yogurt and increasing demand for dairy-free products. In addition, rising consumption of breakfast cereals and snacks is anticipated to drive the regional market over the forecast period.
Asia Pacific is projected to be one of the fastest-growing markets during the forecast period due to changing food preferences and increasing disposable income levels in emerging countries such as China & India & Bangladesh among others. Furthermore, rising product visibility on e-commerce websites will also contribute toward growth prospects over next eight years. ‰â€˜‰veganism' has been growing rapidly in popularity since 2011 across Asia Pacific region which indicates a large potential for growth on account of shifting consumer preference towards plant-based foods especially yogurt.
Growth Factors:
- Increasing demand for dairy-free and vegan products: The global market for plant-based milk is projected to grow at a CAGR of more than 8% from 2018 to 2024. This growth can be attributed to the increasing awareness about the health benefits of plant-based milk alternatives and the rising number of vegetarians and vegans. Nut milk yogurt is a dairy-free, vegan alternative that is gaining popularity among consumers looking for healthier options.
- Growing demand for functional foods: Consumers are increasingly looking for foods that offer additional health benefits beyond basic nutrition. Nut milk yogurt is a good source of protein, calcium, vitamin D, and other nutrients, making it an attractive choice for those seeking functional foods.
- Rising popularity of probiotics: Probiotics are beneficial bacteria that support gut health and have been shown to improve overall well-being. Nut milk yogurt is a good source of probiotics, making it an appealing choice for those interested in boosting their gut health.
Scope Of The Report
Report Attributes
Report Details
Report Title
Nut Milk Yogurt Market Research Report
By Type
Single Variety Nuts, Mixed Nuts
By Application
Leisure Drink, Nutritional Supplement, Other
By Companies
Yili Group, Bright Dairy & Food Co, China Mengniu Dairy Company Limited, Junlebao, Danone, Weidendorf, Wei Chuan Foods, Anchor, Arla, Nestle
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
178
Number of Tables & Figures
125
Customization Available
Yes, the report can be customized as per your need.
Global Nut Milk Yogurt Market Report Segments:
The global Nut Milk Yogurt market is segmented on the basis of:
Types
Single Variety Nuts, Mixed Nuts
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
Leisure Drink, Nutritional Supplement, Other
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:
- Yili Group
- Bright Dairy & Food Co
- China Mengniu Dairy Company Limited
- Junlebao
- Danone
- Weidendorf
- Wei Chuan Foods
- Anchor
- Arla
- Nestle
Highlights of The Nut Milk 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:
- Single Variety Nuts
- Mixed Nuts
- By Application:
- Leisure Drink
- Nutritional Supplement
- Other
- 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 Nut Milk 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?
Nut milk yogurt is a type of yogurt that is made from nuts instead of cows’ milk. Nut milks are high in protein and healthy fats, which make them a great option for those who are looking for an alternative to dairy products. They can be used as a standalone snack or added to recipes to give them extra flavor and nutrients.
Some of the major companies in the nut milk yogurt market are Yili Group, Bright Dairy & Food Co, China Mengniu Dairy Company Limited, Junlebao, Danone, Weidendorf, Wei Chuan Foods, Anchor, Arla, Nestle.
The nut milk 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 Nut Milk 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 Nut Milk Yogurt Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Nut Milk 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 Nut Milk 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 Nut Milk Yogurt Market Size & Forecast, 2020-2028
4.5.1 Nut Milk Yogurt Market Size and Y-o-Y Growth
4.5.2 Nut Milk 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 Single Variety Nuts
5.2.2 Mixed Nuts
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 Leisure Drink
6.2.2 Nutritional Supplement
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Nut Milk 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 Nut Milk 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 Single Variety Nuts
9.6.2 Mixed Nuts
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 Leisure Drink
9.10.2 Nutritional Supplement
9.10.3 Other
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 Single Variety Nuts
10.6.2 Mixed Nuts
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 Leisure Drink
10.10.2 Nutritional Supplement
10.10.3 Other
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 Single Variety Nuts
11.6.2 Mixed Nuts
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 Leisure Drink
11.10.2 Nutritional Supplement
11.10.3 Other
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 Single Variety Nuts
12.6.2 Mixed Nuts
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 Leisure Drink
12.10.2 Nutritional Supplement
12.10.3 Other
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 Single Variety Nuts
13.6.2 Mixed Nuts
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 Leisure Drink
13.10.2 Nutritional Supplement
13.10.3 Other
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 Nut Milk Yogurt Market: Competitive Dashboard
14.2 Global Nut Milk Yogurt Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Yili Group
14.3.2 Bright Dairy & Food Co
14.3.3 China Mengniu Dairy Company Limited
14.3.4 Junlebao
14.3.5 Danone
14.3.6 Weidendorf
14.3.7 Wei Chuan Foods
14.3.8 Anchor
14.3.9 Arla
14.3.10 Nestle
