Market Overview:
The global vegetable yogurt market is expected to grow at a CAGR of 6.5% 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 consuming vegetable yogurt, increasing demand for organic and soy-based yogurts, and growing trend of healthy eating. In terms of type, the organic soy yogurt segment is projected to grow at a higher CAGR than the ordinary soy yogurt segment during the forecast period. This can be attributed to increasing demand for healthier alternatives such as organic food products. In terms of application, online sales is projected to grow at a higher CAGR than offline sales during the forecast period.
Product Definition:
A yogurt made from vegetables, typically carrots, beets, or potatoes. Vegetable yogurt is a good source of dietary fiber and vitamins A and C. It can be used as a substitute for sour cream or mayonnaise in recipes.
Organic Soy Yogurt:
Organic soy yogurt is a dairy product manufactured by the fermentation of soy milk. It has several benefits over regular dairy products and is widely used in the vegetarian yogurt market. The product contains many nutrients such as vitamin A, vitamin D, calcium phosphate, potassium and it also helps to reduce blood cholesterol levels.
Ordinary Soy Yogurt:
Soy yogurt is a dairy product that has a high content of soy protein. It is produced by the fermentation of soy milk and contains many nutritional ingredients such as vitamin B12, vitamin D, calcium potassium magnesium and saturated fat. The U.S Food & Drug Administration (FDA) has approved the use of this product as an ingredient in dietary supplements to promote bone health because it reduces levels of homocysteine which causes heart diseases by increasing blood clotting tendency.
Application Insights:
Offline sales dominated the global market with a share of over 80.0% in 2017. Offline channels have been preferred by many consumers as they are more convenient and flexible, especially for time-sensitive applications such as hotels and restaurants. Moreover, vegetable yogurt is gaining popularity among health-conscious consumers who prefer to get their products from brick-and-mortar stores due to its healthy ingredients and nutritional benefits.
Online sales are expected to be the fastest growing application segment at an estimated CAGR of XX% from 2018 to 2030 owing to increasing online food retailing platforms that offer customized product recommendations based on consumer preferences along with easy payment options through credit card processing systems or eChecks which eliminate the hassles associated with carrying cash for payments while shopping offline or visiting physical shops located at local markets/hypermarkets/supermarkets etcetera across various regions worldwide including Asia Pacific, North America, Europe Latin America Middle East & Africa).
Regional Analysis:
Europe was the largest regional market in 2017 and accounted for more than 35% of the global share. The region is expected to maintain its dominance over the forecast period, with Germany being one of the major countries contributing to industry growth. In addition, demand for plant-based foods in countries such as U.K., France, Italy and Spain is anticipated to fuel product sales over the next eight years.
Asia Pacific is projected to be one of fastest growing markets at a CAGR exceeding 5% from 2018 to 2030 owing to increasing awareness about healthy lifestyles among consumers in China and India along with rising disposable income levels within these nations. Furthermore, new product launches by key manufacturers including Amul Milk Union Ltd., Indian Dairy Company Limited (IDC), Aashiyana Global Foods Pvt Ltd.
Growth Factors:
- Increasing demand for healthy and nutritious food products.
- Rising awareness about the health benefits of consuming yogurt.
- Growing number of vegetarians and health-conscious consumers.
- Innovative product offerings by manufacturers to cater to the needs of different consumer segments.
- Expansion of distribution channels to reach a wider audience
Scope Of The Report
Report Attributes
Report Details
Report Title
Vegetable Yogurt Market Research Report
By Type
Organic Soy Yogurt, Ordinary Soy Yogurt
By Application
Online Sales, Offline Sales
By Companies
Stonyfield, Cultures For Health, Belle + Bella, Silk, Mayconsen, Changchun Suneng Biotechnology, SHARAN, Kingland, Vegut
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
138
Number of Tables & Figures
97
Customization Available
Yes, the report can be customized as per your need.
Global Vegetable Yogurt Market Report Segments:
The global Vegetable Yogurt market is segmented on the basis of:
Types
Organic Soy Yogurt, Ordinary Soy Yogurt
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
Online Sales, Offline Sales
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:
- Stonyfield
- Cultures For Health
- Belle + Bella
- Silk
- Mayconsen
- Changchun Suneng Biotechnology
- SHARAN
- Kingland
- Vegut
Highlights of The Vegetable 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:
- Organic Soy Yogurt
- Ordinary Soy Yogurt
- By Application:
- Online Sales
- Offline Sales
- 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 Vegetable 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?
Vegetable yogurt is a type of yogurt that is made from vegetables, such as cucumbers, tomatoes, or spinach.
Some of the key players operating in the vegetable yogurt market are Stonyfield, Cultures For Health, Belle + Bella, Silk, Mayconsen, Changchun Suneng Biotechnology, SHARAN, Kingland, Vegut.
The vegetable yogurt market is expected to register a CAGR of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Vegetable 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 Vegetable Yogurt Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Vegetable 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 Vegetable 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 Vegetable Yogurt Market Size & Forecast, 2020-2028
4.5.1 Vegetable Yogurt Market Size and Y-o-Y Growth
4.5.2 Vegetable 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 Organic Soy Yogurt
5.2.2 Ordinary Soy Yogurt
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 Online Sales
6.2.2 Offline Sales
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Vegetable 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 Vegetable 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 Organic Soy Yogurt
9.6.2 Ordinary Soy Yogurt
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 Online Sales
9.10.2 Offline Sales
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 Organic Soy Yogurt
10.6.2 Ordinary Soy Yogurt
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 Online Sales
10.10.2 Offline Sales
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 Organic Soy Yogurt
11.6.2 Ordinary Soy Yogurt
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 Online Sales
11.10.2 Offline Sales
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 Organic Soy Yogurt
12.6.2 Ordinary Soy Yogurt
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 Online Sales
12.10.2 Offline Sales
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 Organic Soy Yogurt
13.6.2 Ordinary Soy Yogurt
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 Online Sales
13.10.2 Offline Sales
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 Vegetable Yogurt Market: Competitive Dashboard
14.2 Global Vegetable Yogurt Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Stonyfield
14.3.2 Cultures For Health
14.3.3 Belle + Bella
14.3.4 Silk
14.3.5 Mayconsen
14.3.6 Changchun Suneng Biotechnology
14.3.7 SHARAN
14.3.8 Kingland
14.3.9 Vegut
