Top Companies in Plant Based Yogurt Market | Major Players of Industry Comprehensive Analysis and Overview by Vantage Market Research
Plant Based Yogurt is derived from plants and increasing demand for plant-derived products from the health-aware population is expected to boost market potential.
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MARKET OVERVIEW
The Global Plant Based Yogurt Market is valued at USD 1,329.5 Million in the year 2021 and is projected to reach a value of USD 3,871.6 Million by the year 2028. The Global Market is forecasted to grow to exhibit a Compound Annual Growth Rate (CAGR) of 19.5% over the forecast period. Plant Based Yogurt is a creamy and healthful non-dairy vegan meal product that assists in the assembly of the dietary necessities of the vegan population. It is ready for the usage of plant sources, along with almonds, soy, coconuts, flax, hemp, oats, peas, and cashews. It is a wealthy supply of vitamins, minerals, amino acids, and vital fats, due to which assists in minimizing irritation and growing metabolism. Currently, the demand for vegan yogurt is increasing due to the growing adoption of veganism and its smooth availability in a big range of flavors, along with vanilla, strawberry, raspberry, combined berry, etc.
Severe non-government organizations (NGOs) (NGOs) are selling the welfare of cattle and spreading focus approximately the dietary blessings of an animal-loose diet, which in flip is strengthening the market boom. Apart from this, the growing incidence of persistent situations is influencing the income of low-fat vegan cheese because it facilitates the maintenance of glycaemic milestones and reduces the risk of obesity, stroke, cholesterol, and cancer. Furthermore, the main gamers are investing in appealing packaging answers to amplify their present purchaser base. Other elements predicted to reinforce the market boom encompass the developing quantity of lactose-illiberal people and massive campaigns undertaken via way of means of celebrities and different public figures to inspire the adoption of a vegan diet.
Some of the key players operating in the Plant-Based Yogurt Market are listed below:
|
Company Name |
Revenue in USD |
|
<$5 Million |
|
$69 Million |
|
<$5 Million |
|
$128 Million |
|
$2 Billion |
|
$18 Billion |
|
$13 Million |
|
$43 Million |
|
<$5 Million |
|
$20 Million |
Yoconut is the gut health innovator in dairy alternatives, translating cutting-edge science into a sublime creamy coconut yogurt. Yoconut dairy-free is funded by 4 investors, Brinc and Artesian Investment are the most recent investors.
Founded in 2008, Daiya Foods is a food manufacturer of plant-based food options. Daiya focuses on providing food that is dairy, gluten, and soy-free. Daiya's selection of plant-based foods can be found in grocery stores nationwide. The company's headquarters in Vancouver, British Columbia, Canada.
Forager Project is a family-owned and operated organic food company that has been crafting plant-based foods in California since 2013. The company has developed a broad portfolio of organic plant-based products including Yogurt, Milk, Sour Cream, Half & Half as well as a range of Protein and Probiotic Shakes.
Califia Farms is a developer and distributor of plant-powered foods. Its eco-friendly, energy-efficient manufacturing plant uses artisanal processes to create healthy and delicious plant-based beverages. Founded in 2010, Califia Farms is a natural and specialty drink manufacturing company, offering plant-based refrigerated milk, dairy-free creamer, cold brews, and more. This company is headquarters in San Francisco, California.
The Hain Celestial Group, Inc. is an American food company whose main focus is foods and personal care products. Its products range from herbal teas, sold by its Celestial Seasonings brand to snacks offered through its Terra brand as well as soaps, lotions, hair care, and body wash offered through their Jason, Alba, Live Clean, and Avalon Organic Brands. In May 2000, Hain Food Group merged with Celestial Seasonings, Inc. creating the current company.
Founded in 1928, General Mills is a global manufacturer and marketer of consumer food products. The company's global brand portfolio includes Cheerios, Wheaties, Betty Crocker, Pillsbury, Progresso, Yoplait, Colombo Nouriche, Old El Paso, Pop-Secret, Chex, and Totino's. General Mills is headquartered in Minneapolis, Minnesota.
The Nancy’s Yogurt is a food processing company that produces and supplies organic whole milk yogurt. Nancy’s Yogurt's headquarters is in Eugene, Oregon. Nancy’s Yogurt generates $201.6K in revenue per employee Nancy’s Yogurt has 238 followers on Owler.
Ripple Foods is a California-based brand of pea-protein dairy alternative products. The company was founded in 2014 by Adam Lowry and Neil Renninger in Emeryville, California. In 2017, Ripple Foods entered a deal with natural food distributor United Natural Foods to bring their pea protein beverage to the Canadian market.
Good Karma Foods, Inc., is a producer of flax-based health drinks designed to offer dairy alternatives for high nutrition. The company's drinks include flax milk, protein, probiotic drinkable yogurts, dairy-free yogurt cups, seasonal nogs, and a line of shelf-stable flax milk omega 3 plus protein which are free of all major allergens and deliver nutrition, taste, and texture, enabling consumers to have nutritional beverages as an alternative to milk-based products.
Hudson River Foods is a family of brands creating healthier foods for healthier lifestyles. Located in the scenic Hudson River Valley in upstate New York, Cell-nique Corp., dba Hudson River Foods (formerly Healthy Brands Collective), is the parent company to a nationally and internationally known portfolio of better-for-you natural and organic brands, including Tempt Hemp, European Gourmet Bakery, Cherrybrook Kitchen, High Country Kombucha, Healthy to Go, Epic Seed and 479 Popcorn. Established in 2005 by Dan Ratner, a former GE Capital executive, and Donna Ratner, one of the founding pioneers of MTV, Hudson River Foods is committed to environmentally responsible business practices and is dedicated to providing "Healthier Foods, Healthier Life.
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