What Is Vegan Yogurt?
People demand alternatives to dairy products as vegan culture has become more popular. The main distinction between vegan yogurt and dairy products is the use of plant-based milk, which includes soy, almond, and rice milk. Pulses’ high protein content and good amino acid makeup make them the perfect foundation for plant-based yogurt substitutes. Vegan yogurt has a sizable market potential, but the current expansion is constrained by low consumer awareness.
Consumers are interested in utilizing the numerous health advantages of plant-based yogurt. However, the source from which they are derived, the processing technology, and the fortification techniques all affect the nutrient profile of these yogurts.
Plant-based yogurt sales in the United States have increased 40% in the last year, with an estimated value of $230 million, according to data from SPINS that the Plant-Based Foods Association and The Good Food Institute commissioned.
Hexa Research estimates that by 2025, the market for vegan yogurt will have grown to a staggering $2.53 billion.
The Lactose Intolerant And Veganism Population Drive The Growth
According to the study, the market will be driven by increased plant-based food spending in North America and Europe, a rise in consumer allergy to lactose and a high demand for vegan yogurt s with active probiotics for novel products like hemp milk and flax seed yogurt.
The growing popularity of plant-based products among customers will encourage the production of more non-dairy goods, such as plant-based yogurt . Another fact is that plant-based diets best reduce low-density lipoprotein levels(LDL).
Reports of the brutal treatment of animals on farms have generated global concern. There was a backlash against meat and dairy products after stories of taking new-born baby calves from their mothers and butchering cows that couldn’t give milk were made public.
The Fad For Health And Wellness In The Asia Pacific Influences The Market
By the end of 2025, it is anticipated that the Asia Pacific will have a market worth more than $900 million for vegan yogurt . People who are lactose intolerant are becoming more prevalent in the Asia Pacific region. India and China are expected to continue to be major demand hubs because of their expanding populations and a growing understanding of the advantages of eating vegan. Additionally, the evolving eating patterns of professionals from the working class have raised awareness of foods with added protein.
Key Manufactures
To promote these yogurt s as mainstream goods, vegan yogurt producers have been experimenting and creating diverse bases and distinctive flavors. Additionally, they are spending money on R&D to expand their product offerings by including cutting-edge flavors. Drums Food International, an Indian food and beverage company that owns the well-known brand Epigamia will release a limited selection of dairy-free coconut milk yogurt in 2020. Both the sweetened and the unsweetened jaggery versions are included in this. Epigamia aims to break into India’s largely untapped yogurt market, which is dominated by dairy products.
Soy, Coconut, And Almond Are The Most Prevalent Base Ingredients
Compared to yogurt made from milk, these yogurt s made from seeds are a fantastic source of protein. Yogurt made from soy beans lowers blood sugar and cholesterol levels. These advantages are increasing consumer demand for vegan products made from soy, which is boosting the market.
Almond milk is becoming the most favored non-dairy alternative for creating vegan yogurt s due to its low cholesterol and unsaturated fat content. Almond milk yogurt can lower bad cholesterol since it contains polyunsaturated fatty acids. Additionally, eating almond yogurt has been associated with preserving digestive, immune, and ocular health.
Conclusion
In the upcoming years, the market for vegan yogurt will grow quickly. Oat is predicted to represent the future of plant-based dairy products, even though almond, Coconut, and soy bases currently rule the market for dairy substitutes. Several brands have developed unusually strong customer followings over the past year. Dairy substitutes are predicted to be among the plant-based categories with the fastest growth over the next ten years.