Vegan Yogurt Market
PUBLISHED: 2022 ID: SMRC22060
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Vegan Yogurt Market

Vegan Yogurt Market Forecasts to 2028 - Global Analysis By Source (Coconut, Almond, Soy, Rice and Other Sources), Flavor (Peach, Vanilla, Mixed Berry, Strawberry, Raspberry and Other Flavors), Application (Beverages, Food, Frozen Dessert and Other Applications), Distribution Channel and By Geography

4.2 (29 reviews)
4.2 (29 reviews)
Published: 2022 ID: SMRC22060

This report covers the impact of COVID-19 on this global market
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Years Covered

2020-2028

Estimated Year Value (2022)

US $2.82 BN

Projected Year Value (2028)

US $8.82 BN

CAGR (2022 - 2028)

20.9%

Regions Covered

North America, Europe, Asia Pacific, South America, and Middle East & Africa

Countries Covered

US, Canada, Mexico, Germany, UK, Italy, France, Spain, Japan, China, India, Australia, New Zealand, South Korea, Rest of Asia Pacific, South America, Argentina, Brazil, Chile, Middle East & Africa, Saudi Arabia, UAE, Qatar, and South Africa

Largest Market

Asia  Pacific

Highest Growing Market

Europe


According to Stratistics MRC, the Global Vegan Yogurt Market is accounted for $2.82 billion in 2022 and is expected to reach $8.82 billion by 2028 growing at a CAGR of 20.9% during the forecast period. Vegan yoghurt is a plant-based, dairy-free alternative to regular yoghurt. A healthy dietary option, vegan yoghurt is high in probiotics, vitamins, and minerals. Additionally, it is a good source of calcium and protein. Vegan yoghurt comes in a variety of flavors, including strawberry, vanilla, chocolate, and others. Also, it helps to reduce inflammation and boost metabolism because it is a rich source of vitamins, minerals, amino acids, and important lipids.

According to the Target Inc. company website, the company is expected to open around 26 new stores across the U.S.



Market Dynamics:

Driver:

Growing number of vegan population

The market for plant-based products has greatly expanded as a result of the increased demand for numerous dairy substitute foods and beverages around the world. In the modern era, veganism has not only maintained a culinary preference but now seems to be a component of a developing social movement centered on animal rights, sustainability, and welfare. Even though the number of vegans is rising with each passing day, only 1% of people worldwide practice it. The population of vegans and flexitarians, however, has been expanding steadily since the COVID-19 pandemic. Therefore, the above factors are driving the market growth.

Restraint:

High cost

The factor hampering the market growth in developing and underdeveloped countries is the high cost of vegan yogurt products. The vegan industry has seen a dramatic uptick, particularly during COVID-19 when many slaughterhouses or meat industries were shut down owing to high rates of infection spreading among the staff. As a result, there is a shortage of goods derived from animals, and sales of vegan items are increasing rapidly. Customers, however, face the possibility of "high production costs" of vegan products in order to retain their health.

Opportunity:

Product launches in exciting flavor categories

Individuals in nations and areas such as the United States, United Kingdom, India, Germany, Argentina, and many others closely adhere to the vegan trend, which may be ascribed to the region's blooming need for new flavors or unusual items. Furthermore, the Health Experts are promoting the advantages of cultured yoghurts, such as better gut health or weight control, which is also useful for the development of dairy substitutes. Demand for novel flavors in the yoghurt category, such fruit-flavored yoghurts, has surged because to the abrupt shift in consumer diets toward vegan foods. Such improvements in the product launch process with a variety of tantalising flavors have emerged as one of the primary trends luring a sizable number of customers to plant-based yoghurt, and they will aid in the market's expansion in the coming years.

Threat:

Poor manufacturing practices

Vegan goods, particularly yoghurt, ice cream, and dairy-related items, require a temperature-controlled environment to be of high quality. Nonetheless, many distributors and suppliers in African and Asian nations do not have access to low-cost, temperature-controlled shipping infrastructure in their home markets. Hence, this factor often poses difficulties for market players to expand across states and showcase their products in retail stores.

Covid-19 Impact

The vegan industry has seen a dramatic uptick, particularly during COVID-19 when many slaughterhouses or meat industries were shut down owing to high rates of infection spreading among the staff. Additionally, a rising graph has been seen in the rise of flexitarians and vegans. Since the pandemic period, a growing number of vegan consumers have been primarily looking for healthy and safe goods, which has helped vegan yogurt experience phenomenal growth. The fear of developing the viral illness, which places severe constraints on people's ability to consume food, worsens the market's desire for vegan goods like vegan yoghurt.

The soy segment is expected to be the largest during the forecast period

The soy segment is estimated to have a lucrative growth, due to the rising demand for soy milk and soy-based goods in emerging nations Due to soy's simple availability, low cost, and growing health benefits, its consumption has always been significant. This has paved the way for the expansion of the soy-based yoghurt sector in the vegan yoghurt market. Widespread use of soy-based goods, such as soy yoghurts, makes it necessary for producers to create clean label products for new consumers. These advantages are increasing consumer demand for vegan goods made from soy, which is boosting the industry.

The online stores segment is expected to have the highest CAGR during the forecast period

The online stores segment is anticipated to witness the fastest CAGR growth during the forecast period, due to the rising penetration of smart phones among millennials on a global level. These channels have the power to make buying more convenient and simple. In the upcoming years, it is anticipated that a range of features provided by e-retailers, including many value-added services like discounted pricing, cash-on-delivery, and cashbacks, would encourage the expansion of the online channel.

Region with highest share:

Asia Pacific is projected to hold the largest market share during the forecast period owing to the factors such as rapidly expanding population, more incidences of lactose intolerance, and rising disposable income all contribute to the potential for growth. Additionally, customer preferences for vegan goods are influenced by worries about caloric consumption and diseases like obesity and hypercholesterolemia, which supports the rise in vegan yoghurt sales. Customers who are informed about the nutritional benefits of dairy substitutes have already shifted to the developing vegan culture.

Region with highest CAGR:

Europe is projected to have the highest CAGR over the forecast period, owing to the region's population's strict focus on buying new, environmentally friendly, or sustainably produced goods, vegan yoghurt is profitable there. The area is expected to maintain its dominance in the developed economies like Germany, the United Kingdom, and France due to consumers' favourable attitudes about plant-based meals as a consequence of a rise in social media campaigns and satellite television channels.



Key players in the market

Some of the key players profiled in the Vegan Yogurt Market include Daiya Foods Inc., Forager Project, Danone S.A., Oatly A.B., Chobani Global Holdings, General Mills Inc., Kite Hill, GT's Living Foods LLC, Nancy's Probiotic Foods, Coyo Pty Ltd, Good Karma Foods, Inc., Hudson River Foods, Hain Celestial, Stonyfield Farm, Inc., Ripple Foods

Key Developments:

In December 2020, Danone S.A. launched the "Silk Kids Almondmilk Yogurt Alternative" plant-based yogurt, especially formulated for children. The product comprises of fava bean protein, almond milk, live & active cultures, and organic coconut oil and is fortified with Vitamin D and calcium to satisfy the children's nutrition. The yogurt substitute is dairy-free, lactose-free, gluten-free, and peanut-free; available in three flavors: apple cinnamon, strawberry, and mixed berry.

In January 2019, Daiya Food Inc. announced the launch of new coconut cream yogurt cups. This new product is the richest source of Vitamin B12, and D and provides 6 grams of protein/per serving. The yogurt's dairy-free alternative is also available in six different flavors: Vanilla Bean, Plain Strawberry, Peach, Blueberry, and Black Cherry. These yogurt cups are easily available in U.S. retail stores such as Natural Grocers, Fresh Thyme, and Sprouts, among others.

Sources Covered:
• Coconut
• Almond
• Soy
• Rice
• Other Sources

Flavors Covered:
• Peach
• Vanilla
• Mixed Berry
• Strawberry
• Raspberry
• Other Flavors

Applications Covered:
• Beverages
• Food
• Frozen Dessert
• Other Applications

Distribution Channels Covered:
• Convenience Stores
• Online Stores
• Hypermarkets and Supermarkets
• Other Distribution Channels

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2020, 2021, 2022, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary

2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions

3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Application Analysis
3.7 Emerging Markets
3.8 Impact of Covid-19

4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry

5 Global Vegan Yogurt Market, By Source
5.1 Introduction
5.2 Coconut
5.3 Almond
5.4 Soy
5.5 Rice
5.6 Other Sources

6 Global Vegan Yogurt Market, By Flavor
6.1 Introduction
6.2 Peach
6.3 Vanilla
6.4 Mixed Berry
6.5 Strawberry
6.6 Raspberry
6.7 Other Flavors

7 Global Vegan Yogurt Market, By Application
7.1 Introduction
7.2 Beverages
7.3 Food
7.4 Frozen Dessert
7.5 Other Applications

8 Global Vegan Yogurt Market, By Distribution Channel
8.1 Introduction
8.2 Convenience Stores
8.3 Online Stores
8.4 Hypermarkets and Supermarkets
8.5 Other Distribution Channels

9 Global Vegan Yogurt Market, By Geography
9.1 Introduction
9.2 North America
9.2.1 US
9.2.2 Canada
9.2.3 Mexico
9.3 Europe
9.3.1 Germany
9.3.2 UK
9.3.3 Italy
9.3.4 France
9.3.5 Spain
9.3.6 Rest of Europe
9.4 Asia Pacific
9.4.1 Japan
9.4.2 China
9.4.3 India
9.4.4 Australia
9.4.5 New Zealand
9.4.6 South Korea
9.4.7 Rest of Asia Pacific
9.5 South America
9.5.1 Argentina
9.5.2 Brazil
9.5.3 Chile
9.5.4 Rest of South America
9.6 Middle East & Africa
9.6.1 Saudi Arabia
9.6.2 UAE
9.6.3 Qatar
9.6.4 South Africa
9.6.5 Rest of Middle East & Africa

10 Key Developments
10.1 Agreements, Partnerships, Collaborations and Joint Ventures
10.2 Acquisitions & Mergers
10.3 New Product Launch
10.4 Expansions
10.5 Other Key Strategies

11 Company Profiling
11.1 Daiya Foods Inc.
11.2 Forager Project
11.3 Danone S.A.
11.4 Oatly A.B.
11.5 Chobani Global Holdings
11.6 General Mills Inc.
11.7 Kite Hill
11.8 GT's Living Foods LLC
11.9 Nancy's Probiotic Foods
11.10 Coyo Pty Ltd
11.11 Good Karma Foods, Inc.
11.12 Hudson River Foods
11.13 Hain Celestial
11.14 Stonyfield Farm, Inc.
11.15 Ripple Foods

List of Tables
1 Global Vegan Yogurt Market Outlook, By Region (2020-2028) ($MN)
2 Global Vegan Yogurt Market Outlook, By Source (2020-2028) ($MN)
3 Global Vegan Yogurt Market Outlook, By Coconut (2020-2028) ($MN)
4 Global Vegan Yogurt Market Outlook, By Almond (2020-2028) ($MN)
5 Global Vegan Yogurt Market Outlook, By Soy (2020-2028) ($MN)
6 Global Vegan Yogurt Market Outlook, By Rice (2020-2028) ($MN)
7 Global Vegan Yogurt Market Outlook, By Other Sources (2020-2028) ($MN)
8 Global Vegan Yogurt Market Outlook, By Flavor (2020-2028) ($MN)
9 Global Vegan Yogurt Market Outlook, By Peach (2020-2028) ($MN)
10 Global Vegan Yogurt Market Outlook, By Vanilla (2020-2028) ($MN)
11 Global Vegan Yogurt Market Outlook, By Mixed Berry (2020-2028) ($MN)
12 Global Vegan Yogurt Market Outlook, By Strawberry (2020-2028) ($MN)
13 Global Vegan Yogurt Market Outlook, By Raspberry (2020-2028) ($MN)
14 Global Vegan Yogurt Market Outlook, By Other Flavors (2020-2028) ($MN)
15 Global Vegan Yogurt Market Outlook, By Application (2020-2028) ($MN)
16 Global Vegan Yogurt Market Outlook, By Beverages (2020-2028) ($MN)
17 Global Vegan Yogurt Market Outlook, By Food (2020-2028) ($MN)
18 Global Vegan Yogurt Market Outlook, By Frozen Dessert (2020-2028) ($MN)
19 Global Vegan Yogurt Market Outlook, By Other Applications (2020-2028) ($MN)
20 Global Vegan Yogurt Market Outlook, By Distribution Channel (2020-2028) ($MN)
21 Global Vegan Yogurt Market Outlook, By Convenience Stores (2020-2028) ($MN)
22 Global Vegan Yogurt Market Outlook, By Online Stores (2020-2028) ($MN)
23 Global Vegan Yogurt Market Outlook, By Hypermarkets and Supermarkets (2020-2028) ($MN)
24 Global Vegan Yogurt Market Outlook, By Other Distribution Channels (2020-2028) ($MN)
25 North America Vegan Yogurt Market Outlook, By Country (2020-2028) ($MN)
26 North America Vegan Yogurt Market Outlook, By Source (2020-2028) ($MN)
27 North America Vegan Yogurt Market Outlook, By Coconut (2020-2028) ($MN)
28 North America Vegan Yogurt Market Outlook, By Almond (2020-2028) ($MN)
29 North America Vegan Yogurt Market Outlook, By Soy (2020-2028) ($MN)
30 North America Vegan Yogurt Market Outlook, By Rice (2020-2028) ($MN)
31 North America Vegan Yogurt Market Outlook, By Other Sources (2020-2028) ($MN)
32 North America Vegan Yogurt Market Outlook, By Flavor (2020-2028) ($MN)
33 North America Vegan Yogurt Market Outlook, By Peach (2020-2028) ($MN)
34 North America Vegan Yogurt Market Outlook, By Vanilla (2020-2028) ($MN)
35 North America Vegan Yogurt Market Outlook, By Mixed Berry (2020-2028) ($MN)
36 North America Vegan Yogurt Market Outlook, By Strawberry (2020-2028) ($MN)
37 North America Vegan Yogurt Market Outlook, By Raspberry (2020-2028) ($MN)
38 North America Vegan Yogurt Market Outlook, By Other Flavors (2020-2028) ($MN)
39 North America Vegan Yogurt Market Outlook, By Application (2020-2028) ($MN)
40 North America Vegan Yogurt Market Outlook, By Beverages (2020-2028) ($MN)
41 North America Vegan Yogurt Market Outlook, By Food (2020-2028) ($MN)
42 North America Vegan Yogurt Market Outlook, By Frozen Dessert (2020-2028) ($MN)
43 North America Vegan Yogurt Market Outlook, By Other Applications (2020-2028) ($MN)
44 North America Vegan Yogurt Market Outlook, By Distribution Channel (2020-2028) ($MN)
45 North America Vegan Yogurt Market Outlook, By Convenience Stores (2020-2028) ($MN)
46 North America Vegan Yogurt Market Outlook, By Online Stores (2020-2028) ($MN)
47 North America Vegan Yogurt Market Outlook, By Hypermarkets and Supermarkets (2020-2028) ($MN)
48 North America Vegan Yogurt Market Outlook, By Other Distribution Channels (2020-2028) ($MN)
49 Europe Vegan Yogurt Market Outlook, By Country (2020-2028) ($MN)
50 Europe Vegan Yogurt Market Outlook, By Source (2020-2028) ($MN)
51 Europe Vegan Yogurt Market Outlook, By Coconut (2020-2028) ($MN)
52 Europe Vegan Yogurt Market Outlook, By Almond (2020-2028) ($MN)
53 Europe Vegan Yogurt Market Outlook, By Soy (2020-2028) ($MN)
54 Europe Vegan Yogurt Market Outlook, By Rice (2020-2028) ($MN)
55 Europe Vegan Yogurt Market Outlook, By Other Sources (2020-2028) ($MN)
56 Europe Vegan Yogurt Market Outlook, By Flavor (2020-2028) ($MN)
57 Europe Vegan Yogurt Market Outlook, By Peach (2020-2028) ($MN)
58 Europe Vegan Yogurt Market Outlook, By Vanilla (2020-2028) ($MN)
59 Europe Vegan Yogurt Market Outlook, By Mixed Berry (2020-2028) ($MN)
60 Europe Vegan Yogurt Market Outlook, By Strawberry (2020-2028) ($MN)
61 Europe Vegan Yogurt Market Outlook, By Raspberry (2020-2028) ($MN)
62 Europe Vegan Yogurt Market Outlook, By Other Flavors (2020-2028) ($MN)
63 Europe Vegan Yogurt Market Outlook, By Application (2020-2028) ($MN)
64 Europe Vegan Yogurt Market Outlook, By Beverages (2020-2028) ($MN)
65 Europe Vegan Yogurt Market Outlook, By Food (2020-2028) ($MN)
66 Europe Vegan Yogurt Market Outlook, By Frozen Dessert (2020-2028) ($MN)
67 Europe Vegan Yogurt Market Outlook, By Other Applications (2020-2028) ($MN)
68 Europe Vegan Yogurt Market Outlook, By Distribution Channel (2020-2028) ($MN)
69 Europe Vegan Yogurt Market Outlook, By Convenience Stores (2020-2028) ($MN)
70 Europe Vegan Yogurt Market Outlook, By Online Stores (2020-2028) ($MN)
71 Europe Vegan Yogurt Market Outlook, By Hypermarkets and Supermarkets (2020-2028) ($MN)
72 Europe Vegan Yogurt Market Outlook, By Other Distribution Channels (2020-2028) ($MN)
73 Asia Pacific Vegan Yogurt Market Outlook, By Country (2020-2028) ($MN)
74 Asia Pacific Vegan Yogurt Market Outlook, By Source (2020-2028) ($MN)
75 Asia Pacific Vegan Yogurt Market Outlook, By Coconut (2020-2028) ($MN)
76 Asia Pacific Vegan Yogurt Market Outlook, By Almond (2020-2028) ($MN)
77 Asia Pacific Vegan Yogurt Market Outlook, By Soy (2020-2028) ($MN)
78 Asia Pacific Vegan Yogurt Market Outlook, By Rice (2020-2028) ($MN)
79 Asia Pacific Vegan Yogurt Market Outlook, By Other Sources (2020-2028) ($MN)
80 Asia Pacific Vegan Yogurt Market Outlook, By Flavor (2020-2028) ($MN)
81 Asia Pacific Vegan Yogurt Market Outlook, By Peach (2020-2028) ($MN)
82 Asia Pacific Vegan Yogurt Market Outlook, By Vanilla (2020-2028) ($MN)
83 Asia Pacific Vegan Yogurt Market Outlook, By Mixed Berry (2020-2028) ($MN)
84 Asia Pacific Vegan Yogurt Market Outlook, By Strawberry (2020-2028) ($MN)
85 Asia Pacific Vegan Yogurt Market Outlook, By Raspberry (2020-2028) ($MN)
86 Asia Pacific Vegan Yogurt Market Outlook, By Other Flavors (2020-2028) ($MN)
87 Asia Pacific Vegan Yogurt Market Outlook, By Application (2020-2028) ($MN)
88 Asia Pacific Vegan Yogurt Market Outlook, By Beverages (2020-2028) ($MN)
89 Asia Pacific Vegan Yogurt Market Outlook, By Food (2020-2028) ($MN)
90 Asia Pacific Vegan Yogurt Market Outlook, By Frozen Dessert (2020-2028) ($MN)
91 Asia Pacific Vegan Yogurt Market Outlook, By Other Applications (2020-2028) ($MN)
92 Asia Pacific Vegan Yogurt Market Outlook, By Distribution Channel (2020-2028) ($MN)
93 Asia Pacific Vegan Yogurt Market Outlook, By Convenience Stores (2020-2028) ($MN)
94 Asia Pacific Vegan Yogurt Market Outlook, By Online Stores (2020-2028) ($MN)
95 Asia Pacific Vegan Yogurt Market Outlook, By Hypermarkets and Supermarkets (2020-2028) ($MN)
96 Asia Pacific Vegan Yogurt Market Outlook, By Other Distribution Channels (2020-2028) ($MN)
97 South America Vegan Yogurt Market Outlook, By Country (2020-2028) ($MN)
98 South America Vegan Yogurt Market Outlook, By Source (2020-2028) ($MN)
99 South America Vegan Yogurt Market Outlook, By Coconut (2020-2028) ($MN)
100 South America Vegan Yogurt Market Outlook, By Almond (2020-2028) ($MN)
101 South America Vegan Yogurt Market Outlook, By Soy (2020-2028) ($MN)
102 South America Vegan Yogurt Market Outlook, By Rice (2020-2028) ($MN)
103 South America Vegan Yogurt Market Outlook, By Other Sources (2020-2028) ($MN)
104 South America Vegan Yogurt Market Outlook, By Flavor (2020-2028) ($MN)
105 South America Vegan Yogurt Market Outlook, By Peach (2020-2028) ($MN)
106 South America Vegan Yogurt Market Outlook, By Vanilla (2020-2028) ($MN)
107 South America Vegan Yogurt Market Outlook, By Mixed Berry (2020-2028) ($MN)
108 South America Vegan Yogurt Market Outlook, By Strawberry (2020-2028) ($MN)
109 South America Vegan Yogurt Market Outlook, By Raspberry (2020-2028) ($MN)
110 South America Vegan Yogurt Market Outlook, By Other Flavors (2020-2028) ($MN)
111 South America Vegan Yogurt Market Outlook, By Application (2020-2028) ($MN)
112 South America Vegan Yogurt Market Outlook, By Beverages (2020-2028) ($MN)
113 South America Vegan Yogurt Market Outlook, By Food (2020-2028) ($MN)
114 South America Vegan Yogurt Market Outlook, By Frozen Dessert (2020-2028) ($MN)
115 South America Vegan Yogurt Market Outlook, By Other Applications (2020-2028) ($MN)
116 South America Vegan Yogurt Market Outlook, By Distribution Channel (2020-2028) ($MN)
117 South America Vegan Yogurt Market Outlook, By Convenience Stores (2020-2028) ($MN)
118 South America Vegan Yogurt Market Outlook, By Online Stores (2020-2028) ($MN)
119 South America Vegan Yogurt Market Outlook, By Hypermarkets and Supermarkets (2020-2028) ($MN)
120 South America Vegan Yogurt Market Outlook, By Other Distribution Channels (2020-2028) ($MN)
121 Middle East & Africa Vegan Yogurt Market Outlook, By Country (2020-2028) ($MN)
122 Middle East & Africa Vegan Yogurt Market Outlook, By Source (2020-2028) ($MN)
123 Middle East & Africa Vegan Yogurt Market Outlook, By Coconut (2020-2028) ($MN)
124 Middle East & Africa Vegan Yogurt Market Outlook, By Almond (2020-2028) ($MN)
125 Middle East & Africa Vegan Yogurt Market Outlook, By Soy (2020-2028) ($MN)
126 Middle East & Africa Vegan Yogurt Market Outlook, By Rice (2020-2028) ($MN)
127 Middle East & Africa Vegan Yogurt Market Outlook, By Other Sources (2020-2028) ($MN)
128 Middle East & Africa Vegan Yogurt Market Outlook, By Flavor (2020-2028) ($MN)
129 Middle East & Africa Vegan Yogurt Market Outlook, By Peach (2020-2028) ($MN)
130 Middle East & Africa Vegan Yogurt Market Outlook, By Vanilla (2020-2028) ($MN)
131 Middle East & Africa Vegan Yogurt Market Outlook, By Mixed Berry (2020-2028) ($MN)
132 Middle East & Africa Vegan Yogurt Market Outlook, By Strawberry (2020-2028) ($MN)
133 Middle East & Africa Vegan Yogurt Market Outlook, By Raspberry (2020-2028) ($MN)
134 Middle East & Africa Vegan Yogurt Market Outlook, By Other Flavors (2020-2028) ($MN)
135 Middle East & Africa Vegan Yogurt Market Outlook, By Application (2020-2028) ($MN)
136 Middle East & Africa Vegan Yogurt Market Outlook, By Beverages (2020-2028) ($MN)
137 Middle East & Africa Vegan Yogurt Market Outlook, By Food (2020-2028) ($MN)
138 Middle East & Africa Vegan Yogurt Market Outlook, By Frozen Dessert (2020-2028) ($MN)
139 Middle East & Africa Vegan Yogurt Market Outlook, By Other Applications (2020-2028) ($MN)
140 Middle East & Africa Vegan Yogurt Market Outlook, By Distribution Channel (2020-2028) ($MN)
141 Middle East & Africa Vegan Yogurt Market Outlook, By Convenience Stores (2020-2028) ($MN)
142 Middle East & Africa Vegan Yogurt Market Outlook, By Online Stores (2020-2028) ($MN)
143 Middle East & Africa Vegan Yogurt Market Outlook, By Hypermarkets and Supermarkets (2020-2028) ($MN)
144 Middle East & Africa Vegan Yogurt Market Outlook, By Other Distribution Channels (2020-2028) ($MN)

List of Figures

RESEARCH METHODOLOGY


Research Methodology

We at Stratistics opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.

Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.

Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.

Data Mining

The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.

Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.

Data Analysis

From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:

  • Product Lifecycle Analysis
  • Competitor analysis
  • Risk analysis
  • Porters Analysis
  • PESTEL Analysis
  • SWOT Analysis

The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.


Data Validation

The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.

We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.

The data validation involves the primary research from the industry experts belonging to:

  • Leading Companies
  • Suppliers & Distributors
  • Manufacturers
  • Consumers
  • Industry/Strategic Consultants

Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.


For more details about research methodology, kindly write to us at info@strategymrc.com

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We offer a free 15% customization with every purchase. This requirement can be fulfilled for both pre and post sale. You may send your customization requirements through email at info@strategymrc.com or call us on +1-301-202-5929.

We have 3 different licensing options available in electronic format.

  • Single User Licence: Allows one person, typically the buyer, to have access to the ordered product. The ordered product cannot be distributed to anyone else.
  • 2-5 User Licence: Allows the ordered product to be shared among a maximum of 5 people within your organisation.
  • Corporate License: Allows the product to be shared among all employees of your organisation regardless of their geographical location.

All our reports are typically be emailed to you as an attachment.

To order any available report you need to register on our website. The payment can be made either through CCAvenue or PayPal payments gateways which accept all international cards.

We extend our support to 6 months post sale. A post sale customization is also provided to cover your unmet needs in the report.

Request Customization

We provide a free 15% customization on every purchase. This requirement can be fulfilled for both pre and post sale. You may send your customization requirements through email at info@strategymrc.com or call us on +1-301-202-5929.

Note: This customization is absolutely free until it falls under the 15% bracket. If your requirement exceeds this a feasibility check will be performed. Post that, a quote will be provided along with the timelines.

WHY CHOOSE US ?

Assured Quality

Assured Quality

Best in class reports with high standard of research integrity

24X7 Research Support

24X7 Research Support

Continuous support to ensure the best customer experience.

Free Customization

Free Customization

Adding more values to your product of interest.

Safe and Secure Access

Safe & Secure Access

Providing a secured environment for all online transactions.

Trusted by 600+ Brands

Trusted by 600+ Brands

Serving the most reputed brands across the world.

Testimonials