North America Non-Dairy Yogurt Market Forecast to 2030
North America Non-Dairy Yogurt Market Forecast to 2030 – Regional Analysis – by Source (Almond, Soy, Coconut, Oat, and Others), Type (Flavored and Plain), Nature (Organic and Conventional), and Distribution Channel (Supermarkets and Hypermarkets, Convenience Stores, Online Retail, and Others)
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Description
Growing Trend of Veganism Due to Rising Environmental Concern Fuels the North America Non-Dairy Yogurt Market
The vegan population has grown significantly over the past few years. According to Veganuary (a nonprofit organization that encourages individuals worldwide to become vegan for the entire month of January), in 2022, more than 620,000 people registered for the Veganuary campaign, and the registrations increased by 200% in the last three years.
The following figure shows the number of participants across the world in the Veganuary Campaign from 2016 to 2022:
FIGURE 1. REGISTRATIONS FOR VEGANUARY CAMPAIGN FROM 2016 TO 2022
Source: Veganuary 2022 Campaign Review
The livestock industry is one of the significant contributors to the total anthropogenic greenhouse gas emissions. According to the Food and Agriculture Organization (FAO), the global livestock industry emits 7.1 gigatons of carbon dioxide per year, accounting for 14.5% of all human-caused greenhouse gas emissions. The dairy sector is responsible for 30% of the total livestock emissions.
The following figure shows annual greenhouse gas emissions per kilogram of food products:
FIGURE 2. ANNUAL GREENHOUSE GAS EMISSIONS (GHG) PER KILOGRAM OF FOOD PRODUCTS
Source: Poore & Nemecek, 2018
As can be seen from the figure above, beef (beef herd), beef (dairy herd), and lamb and mutton products have the highest greenhouse gas emission. Many studies have shown that shifting to a vegan diet can significantly lower carbon dioxide emissions. Moreover, the United Nations, PETA, Good Food Institute, and many organizations believe that veganism can help save the planet from the climate crisis. Awareness regarding the harmful effects of the livestock industry on environment is increasing among consumers. The consumption of plant-based dairy products helps minimize carbon footprints, save water and other natural resources, and reduce the overall environmental impacts. Therefore, consumers are rapidly switching to plant-based dairy and meat products. Therefore, people are increasingly switching to a vegan diet due to rising sustainability and environmental concerns.
North America Non-Dairy Yogurt Market Overview
North America is one of the most significant regions for the non-dairy yogurt market due to the increasing number of individuals opting for healthier alternatives to dairy products. Increased disposable income, changing lifestyles, and eating patterns have increased demand for dairy substitutes such as non-dairy yogurt, cheese, butter, and milk in North American countries such as the US and Canada. Due to the increasing number of health-conscious consumers, rising environmental concerns, and the growing trend of plant-based diets, plant-based yogurt is becoming more popular in the region. The high nutritional value of plant-based yogurt has fueled its demand in North America in the last few years, especially among young adults. Moreover, the key players operating in the market are constantly taking strategic initiatives such as product innovation, which has pioneered the production of these products. For instance, in March 2022, the US-based company AYO Foods LLC launched a new plant-based yogurt range by developing a plain almond milk yogurt in various flavors.
According to the data from Cleveland Clinic, in 2019, 36% of Americans were lactose intolerant. This showcases that North Americans prefer to consume plant-based products, accelerating the demand for non-dairy products such as yogurt. Various government agencies, such as the United States Department of Agriculture (USDA), Food and Agriculture Organization (FAO), and US Food and Drug Administration (USFDA), are promoting the intake of dairy-free products in daily diets, enhancing the non-dairy yogurt market trends due to increasing symptoms and diseases related to lactose intolerance and nutrition deficiency. Moreover, the rising flexitarian population is a major factor boosting the demand for plant-based dairy products and is expected to propel the market growth in the region.
North America Non-Dairy Yogurt Market Revenue and Forecast to 2030 (US$ Million)
North America Non-Dairy Yogurt Market Segmentation
The North America non-dairy yogurt market is segmented based on source, type, nature, and distribution channel.
Based on source, the North America non-dairy yogurt market is segmented into almond, soy, coconut, oat, and others. The coconut segment held the largest share in 2022.
Based on type, the North America non-dairy yogurt market is bifurcated into flavored and plain. The flavored segment held a larger share in 2022.
Based on nature, the North America non-dairy yogurt market is bifurcated into organic and conventional. The conventional segment held a larger share in 2022.
Based on distribution channel, the North America non-dairy yogurt market is segmented into supermarkets & hypermarkets, convenience stores, online retail, and others. The supermarkets & hypermarkets segment held the largest share in 2022.
Based on country, the North America non-dairy yogurt market is categorized into US, Canada, and Mexico. The US dominated the North America non-dairy yogurt market in 2022.
The Hain Celestial Group Inc, Danone SA, Springfield Creamery Inc, Lyrical Foods Inc, Valio Ltd, Oatly, Group AB, Daiya Foods Inc, Forager Project LLC, and Harmless Harvest Inc are some of the leading companies operating in the North America non-dairy yogurt market.
Summary Info
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According to the Research Team’ research, the North America non-dairy yogurt market was valued at US$ 718.55 million in 2022 and is expected to reach US$ 1,786.05 million by 2030, registering a CAGR of 12.1% from 2022 to 2030. Increasing prevalence of lactose intolerance and rising adoption of organic products are among the critical factors attributed to the North America non-dairy yogurt market expansion.
According to the article published in April 2023 by National Centre of Biotechnology Information (NCBI), an average of 65% of the worlds population has lactose intolerance. Also, as per the ProCon Organization, by 2021, 59% of people in Canada are likely to suffer from lactose intolerance. People with lactose intolerance are recommended to have a lactose-free diet to avoid allergies and digestive problems such as diarrhea, abdominal bloating, and nausea. Moreover, people allergic to milk are also recommended to consume plant-based dairy products. Therefore, such people seek alternatives that are easy to digest and can fulfill their daily nutritional needs.
Non-dairy yogurts are made from almond milk, soymilk, and coconut milk, which are free from lactose. Moreover, plant-based non-dairy yogurt has a similar texture, creaminess, and consistency to conventional yogurt. Moreover, plant-based non-dairy yogurts are fortified with nutrients, such as protein and calcium, that meet the daily nutrient requirements of consumers. Thus, the increasing prevalence of lactose intolerance and milk allergies among consumers is driving the North America non-dairy yogurt market growth.
On the contrary, higher prices of raw material hampers the growth North America non-dairy yogurt market.
Based on source, the North America non-dairy yogurt market is segmented into almond, soy, coconut, oat, and others. The coconut segment held 45.8% share of the North America non-dairy yogurt market in 2022, amassing US$ 329.08 million. It is projected to garner US$ 804.83 million by 2030 to expand at 11.8% CAGR during 2022-2030.
Based on type, the North America non-dairy yogurt market is bifurcated into flavored and plain. The flavored segment held 74.6% share of the North America non-dairy yogurt market in 2022, amassing US$ 536.12 million. It is projected to garner US$ 1,347.87 million by 2030 to expand at 12.2% CAGR during 2022-2030.
Based on nature, the North America non-dairy yogurt market is bifurcated into organic and conventional. The conventional segment held 64.2% share of North America non-dairy yogurt market in 2022, amassing US$ 461.29 million. It is projected to garner US$ 1,108.17 million by 2030 to expand at 11.6% CAGR during 2022-2030.
Based on distribution channel, the North America non-dairy yogurt market is segmented into supermarkets & hypermarkets, convenience stores, online retail, and others. The supermarkets & hypermarkets segment held 48.0% share of North America non-dairy yogurt market in 2022, amassing US$ 344.97 million. It is projected to garner US$ 823.83 million by 2030 to expand at 11.5% CAGR during 2022-2030.
Based on country, the North America non-dairy yogurt market is categorized into US, Canada, and Mexico. The US held 77.5% share of North America non-dairy yogurt market in 2022, amassing US$ 557.11 million. It is projected to garner US$ 1,415.11 million by 2030 to expand at 12.4% CAGR during 2022-2030.
Key players operating in the North America non-dairy yogurt market are The Hain Celestial Group Inc, Danone SA, Springfield Creamery Inc, Lyrical Foods Inc, Valio Ltd, Oatly, Group AB, Daiya Foods Inc, Forager Project LLC, and Harmless Harvest Inc, among others.
– In Aug 2021, Silk the well-known brand of Danone SA for plant-based products launched plant-based Greek yogurt. The yogurt alternatives feature a thick coconut milk base and contain 190 to 200 calories, 10 grams of protein, 9 to 12 grams of sugar and 11 grams of fat per serving. Flavors include vanilla, strawberry, lemon, and blueberry.
o Highlights key business priorities in order to assist companies to realign their business strategies.
o The key findings and recommendations highlight crucial progressive industry trends in North America non-dairy yogurt market, thereby allowing players across the value chain to develop effective long-term strategies.
o Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
o Scrutinize in-depth North America market trends and outlook coupled with the factors driving the market, as well as those hindering it.
o Enhance the decision-making process by understanding the strategies that underpin security interest with respect to client products, segmentation, pricing, and distribution
TABLE OF CONTENTS
1.1 the Research Team Research Report Guidance
1.2 Market Segmentation
2. Executive Summary
2.1 Key Insights
2.2 Market Attractiveness
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. North America Non-Dairy Yogurt Market Landscape
4.1 Overview
4.2 Porter’s Five Forces Analysis
4.2.1 Bargaining Power of Suppliers
4.2.2 Bargaining Power of Buyers
4.2.3 Threat of New Entrants
4.2.4 Competitive Rivalry
4.2.5 Threat of Substitutes
4.3 Ecosystem Analysis
4.3.1 Raw Material Suppliers
4.3.2 Manufacturing Process
4.3.3 Packaging
4.3.4 Distribution Channel
5. North America Non-Dairy Yogurt Market – Key Industry Dynamics
5.1 Market Drivers
5.1.1 Increasing Prevalence of Lactose Intolerance
5.1.2 Strategic Development Initiatives by Manufacturers
5.2 Market Restraints
5.2.1 Higher Prices of Raw Material
5.3 Market Opportunities
5.3.1 Rising Adoption of Organic Products
5.4 Future Trends
5.4.1 Growing Trend of Veganism Due to Rising Environmental Concern
5.5 Impact Analysis of Drivers and Restraints
6. North America Non-Dairy Yogurt Market – North America Market Analysis
6.1 North America Non-Dairy Yogurt Market Revenue (US$ Million), 2022 – 2030
6.2 North America Non-Dairy Yogurt Market Forecast and Analysis
7. North America Non-Dairy Yogurt Market Analysis – Source
7.1 Almond
7.1.1 Overview
7.1.2 Almond Market Revenue and Forecast to 2030 (US$ Million)
7.2 Soy
7.2.1 Overview
7.2.2 Soy Market Revenue and Forecast to 2030 (US$ Million)
7.3 Coconut
7.3.1 Overview
7.3.2 Coconut Market Revenue and Forecast to 2030 (US$ Million)
7.4 Oat
7.4.1 Overview
7.4.2 Oat Market Revenue and Forecast to 2030 (US$ Million)
7.5 Others
7.5.1 Overview
7.5.2 Others Market Revenue and Forecast to 2030 (US$ Million)
8. North America Non-Dairy Yogurt Market Analysis – Type
8.1 Flavored
8.1.1 Overview
8.1.2 Flavored Market Revenue and Forecast to 2030 (US$ Million)
8.2 Plain
8.2.1 Overview
8.2.2 Plain Market Revenue and Forecast to 2030 (US$ Million)
9. North America Non-Dairy Yogurt Market Analysis – Nature
9.1 Organic
9.1.1 Overview
9.1.2 Organic Market Revenue, and Forecast to 2030 (US$ Million)
9.2 Conventional
9.2.1 Overview
9.2.2 Conventional Market Revenue, and Forecast to 2030 (US$ Million)
10. North America Non-Dairy Yogurt Market Analysis – Distribution Channel
10.1 Supermarkets and Hypermarkets
10.1.1 Overview
10.1.2 Supermarkets and Hypermarkets Market Revenue, and Forecast to 2030 (US$ Million)
10.2 Convenience Stores
10.2.1 Overview
10.2.2 Convenience Stores Market Revenue, and Forecast to 2030 (US$ Million)
10.3 Online Retail
10.3.1 Overview
10.3.2 Online Retail Market Revenue, and Forecast to 2030 (US$ Million)
10.4 Others
10.4.1 Overview
10.4.2 Others Market Revenue, and Forecast to 2030 (US$ Million)
11. North America Non-Dairy Yogurt Market -Country Analysis
11.1 North America Non-Dairy Yogurt Market
11.1.1 North America Non-Dairy Yogurt Market Revenue and Forecasts and Analysis – By Countries
11.1.1.1 North America Non-Dairy Yogurt Market Breakdown by Country
11.1.1.2 US Non-Dairy Yogurt Market Revenue and Forecasts to 2030 (US$ Mn)
11.1.1.2.1 US Non-Dairy Yogurt Market Breakdown by Source
11.1.1.2.2 US Non-Dairy Yogurt Market Breakdown by Type
11.1.1.2.3 US Non-Dairy Yogurt Market Breakdown by Nature
11.1.1.2.4 US Non-Dairy Yogurt Market Breakdown by Distribution Channel
11.1.1.3 Canada Non-Dairy Yogurt Market Revenue and Forecasts to 2030 (US$ Mn)
11.1.1.3.1 Canada Non-Dairy Yogurt Market Breakdown by Source
11.1.1.3.2 Canada Non-Dairy Yogurt Market Breakdown by Type
11.1.1.3.3 Canada Non-Dairy Yogurt Market Breakdown by Nature
11.1.1.3.4 Canada Non-Dairy Yogurt Market Breakdown by Distribution Channel
11.1.1.4 Mexico Non-Dairy Yogurt Market Revenue and Forecasts to 2030 (US$ Mn)
11.1.1.4.1 Mexico Non-Dairy Yogurt Market Breakdown by Source
11.1.1.4.2 Mexico Non-Dairy Yogurt Market Breakdown by Type
11.1.1.4.3 Mexico Non-Dairy Yogurt Market Breakdown by Nature
11.1.1.4.4 Mexico Non-Dairy Yogurt Market Breakdown by Distribution Channel
12. Industry Landscape
12.1 Overview
12.2 New Product Development
12.3 Partnerships
13. Company Profiles
13.1 The Hain Celestial Group Inc
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 Danone SA
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 Springfield Creamery Inc
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 Lyrical Foods Inc
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 Valio Ltd
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 Oatly Group AB
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 Daiya Foods Inc
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
13.8 Forager Project LLC
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Products and Services
13.8.4 Financial Overview
13.8.5 SWOT Analysis
13.8.6 Key Developments
13.9 Harmless Harvest Inc
13.9.1 Key Facts
13.9.2 Business Description
13.9.3 Products and Services
13.9.4 Financial Overview
13.9.5 SWOT Analysis
13.9.6 Key Developments
14. Appendix
LIST OF TABLES
Table 1. North America Non-Dairy Yogurt Market Segmentation
Table 2. Nutrients in 8 oz of Whole Milk and Soymilk
Table 3. North America Non-Dairy Yogurt Market Revenue and Forecasts To 2030 (US$ Million)
Table 4. North America Non-Dairy Yogurt Market Revenue and Forecasts To 2030 (US$ Million) – Source
Table 5. North America Non-Dairy Yogurt Market Revenue and Forecasts To 2030 (US$ Million) – Type
Table 6. North America Non-Dairy Yogurt Market Revenue and Forecasts To 2030 (US$ Million) – Nature
Table 7. North America Non-Dairy Yogurt Market Revenue and Forecasts To 2030 (US$ Million) – Distribution Channel
Table 8. US Non-Dairy Yogurt Market Revenue and Forecasts To 2030 (US$ Mn) – By Source
Table 9. US Non-Dairy Yogurt Market Revenue and Forecasts To 2030 (US$ Mn) – By Type
Table 10. US Non-Dairy Yogurt Market Revenue and Forecasts To 2030 (US$ Mn) – By Nature
Table 11. US Non-Dairy Yogurt Market Revenue and Forecasts To 2030 (US$ Mn) – By Distribution Channel
Table 12. Canada Non-Dairy Yogurt Market Revenue and Forecasts To 2030 (US$ Mn) – By Source
Table 13. Canada Non-Dairy Yogurt Market Revenue and Forecasts To 2030 (US$ Mn) – By Type
Table 14. Canada Non-Dairy Yogurt Market Revenue and Forecasts To 2030 (US$ Mn) – By Nature
Table 15. Canada Non-Dairy Yogurt Market Revenue and Forecasts To 2030 (US$ Mn) – By Distribution Channel
Table 16. Mexico Non-Dairy Yogurt Market Revenue and Forecasts To 2030 (US$ Mn) – By Source
Table 17. Mexico Non-Dairy Yogurt Market Revenue and Forecasts To 2030 (US$ Mn) – By Type
Table 18. Mexico Non-Dairy Yogurt Market Revenue and Forecasts To 2030 (US$ Mn) – By Nature
Table 19. Mexico Non-Dairy Yogurt Market Revenue and Forecasts To 2030 (US$ Mn) – By Distribution Channel
LIST OF FIGURES
Figure 1. North America Non-Dairy Yogurt Market Segmentation, By Country
Figure 2. Porter’s Five Forces Analysis: North America non-dairy yogurt market
Figure 3. Ecosystem: North America Non-Dairy Yogurt Market
Figure 4. North America Non-Dairy Yogurt Market – Key Industry Dynamics
Figure 5. Registrations for Veganuary Campaign from 2016 to 2022
Figure 6. Annual Greenhouse Gas Emissions (GHG) Per Kilogram of Food Products
Figure 7. North America non-dairy yogurt market: Impact Analysis of Drivers and Restraints
Figure 8. North America Non-Dairy Yogurt Market Revenue (US$ Million), 2020 – 2030
Figure 9. North America Non-Dairy Yogurt Market Share (%) – Source, 2022 and 2030
Figure 10. Almond Market Revenue and Forecasts To 2030 (US$ Million)
Figure 11. Soy Market Revenue and Forecasts To 2030 (US$ Million)
Figure 12. Coconut Market Revenue and Forecasts To 2030 (US$ Million)
Figure 13. Oat Market Revenue and Forecasts To 2030 (US$ Million)
Figure 14. Others Market Revenue and Forecasts To 2030 (US$ Million)
Figure 15. North America Non-Dairy Yogurt Market Share (%) – Type, 2022 and 2030
Figure 16. Flavored Market Revenue and Forecasts To 2030 (US$ Million)
Figure 17. Plain Market Revenue and Forecasts To 2030 (US$ Million)
Figure 18. North America Non-Dairy Yogurt Market Share (%) -Nature, 2022 and 2030
Figure 19. Organic Market Revenue and Forecasts To 2030 (US$ Million)
Figure 20. Conventional Market Revenue and Forecasts To 2030 (US$ Million)
Figure 21. North America Non-Dairy Yogurt Market Share (%) -Distribution Channel, 2022 and 2030
Figure 22. Supermarkets and Hypermarkets Market Revenue and Forecasts To 2030 (US$ Million)
Figure 23. Convenience Stores Market Revenue and Forecasts To 2030 (US$ Million)
Figure 24. Online Retail Market Revenue and Forecasts To 2030 (US$ Million)
Figure 25. Others Market Revenue and Forecasts To 2030 (US$ Million)
Figure 26. North America Non-Dairy Yogurt Market, by Key Country – Revenue (2022) (US$ Million)
Figure 27. North America Non-Dairy Yogurt Market Breakdown by Key Countries, 2022 and 2030 (%)
Figure 28. US Non-Dairy Yogurt Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 29. Canada Non-Dairy Yogurt Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 30. Mexico Non-Dairy Yogurt Market Revenue and Forecasts To 2030 (US$ Mn)
The List of Companies – North America Non-Dairy Yogurt Market
1. The Hain Celestial Group Inc
2. Danone SA
3. Springfield Creamery Inc
4. Lyrical Foods Inc
5. Valio Ltd
6. Oatly Group AB
7. Daiya Foods Inc
8. Forager Project LLC
9. Harmless Harvest Inc
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