Vegan Yogurt Market (2025-2032)
The Vegan Yogurt Market was valued at $2.62 billion in 2024. This market is expected to reach $8.85 billion by 2032 from an estimated $3.04 billion in 2025, at a CAGR of 16.5% during the forecast period from 2025 to 2032. Vegan Yogurt Market Size & Forecast The growth of this market is driven by the
- Published
- Oct 2024
- Pages
- 225
- Format
- PDF + Excel
- Report ID
- MRFB - 1041383
- Base year
- 2025
- 2024 · HISTORICAL
- $2.62B
- 2032
- $8.85B
- CAGR 2025–2032
- 16.5%
2024 baseline · 2025–2032 forecast at 16.5% CAGR · hover a bar for the value
Key highlights
By Product Type: In 2025, the Almond Milk Yogurt Segment to Dominate the Vegan Yogurt Market
By Flavor: In 2025, the Chocolate Segment is Expected to Dominate the Vegan Yogurt Market
By Distribution Channel: In 2025, the Supermarkets/Hypermarkets Segment is Expected to Dominate the Vegan Yogurt Market
By Geography: Asia-Pacific to Dominate the Vegan Yogurt Market in 2025
Report summary
| Particulars | Details |
|---|---|
| Number of Pages | 225 |
| Format | |
| Forecast Period | 2025–2032 |
| Base Year | 2025 |
| CAGR | 16.5% |
| Market Size | USD 8.85 Billion by 2032 |
| Segments Covered | By Product Type · Almond Milk Yogurt · Soymilk Yogurt · Coconut Milk Yogurt · Rice Milk Yogurt · Other Milk Yogurt · By Flavor · Chocolate · Strawberry · Banana · Pineapple · Mango · Lemonade · Peach · Others · By Distribution Channel · Supermarkets/Hypermarkets · Convenience Store · Specialty Store · Online Retail Store · Other Distribution Channels |
| Countries Covered | North America (U.S., Canada), Europe (Germany, U.K., Spain, Italy, France, Netherlands, and Rest of Europe), Asia-Pacific (China, India, Japan, Australia, South Korea, Indonesia, and Rest of Asia-Pacific), Latin America (Brazil, Mexico, Argentina, and Rest of Latin America), and the Middle East & Africa (Saudi Arabia, UAE, and Rest of Middle East & Africa) |
| Key Companies | Danone S.A. (France), Daiya Foods Inc. (Canada), General Mills Inc. (U.S.), Nancy's Probiotic Foods (U.S.), COYO Pty Ltd. (Australia), Chobani, LLC (U.S.), Kite Hill (U.S), The Hain Celestial Group Inc. (U.S.), Stonyfield Farm, Inc. (U.S.), Forager Project LLC (U.S.), KaTech Ingredient Solutions GmbH (Germany), Epigamia (India), and Oatly A.B. (Sweden) |
Report overview
Segments covered: product type, flavor, distribution channel. Regions: North America, Europe, Asia-Pacific, Latin America, Middle East & Africa.
The growth of this market is driven by the growing vegan population, growing awareness regarding health and well-being, the high prevalence of lactose intolerance, and the increase in product innovation by various manufacturers. Moreover, increasing investments and government support for plant-based industries and emerging economies in Asia-Pacific and Latin America are expected to create market growth opportunities.
Market dynamics
3 factors across 2 forcesGrowing Vegan Population
Veganism has experienced significant growth in recent years, driven by increased consumer awareness regarding health, environmental sustainability, and animal welfare. The popularity of vegan diets continues to rise, as evidenced by participation in the Veganuary campaign, which saw approximately 700,000 participants in January 2024, up from 692,000 in 2022, 582,000 in 2021, and 400,000 in 2020. Currently, over 1.5 billion individuals worldwide identify as vegetarians (source: Great Green Wall organization), while the World Animal Foundation estimates approximately 88 million vegans globally. In Europe, the vegan population has risen from 13 million in 2016 to 2.5 million in 2020, representing 3.2% of the total European population, according to the European Vegetarian Union.
According to a 2022 survey conducted by the Vegetarian Resource Group, approximately 6% of Americans completely abstain from meat and fish, with this group evenly split between vegetarians and vegans. Additionally, 12% of Americans regularly consume vegetarian or vegan meals, while a larger segment, 45%, occasionally includes these options in their diet. The global demand for plant-based and cruelty-free meals has surged, reflecting heightened environmental awareness and compassion for animals. Data from the Plant-based Foods Association and The Good Food Institute indicates that U.S. retail sales of plant-based foods rose by 6.2% in 2021 compared to 2020, with the total plant-based market valued at USD 7.4 billion. As the vegan population continues to grow, we anticipate an increase in demand for vegan yogurt, further driving market growth.
Growing Awareness Regarding Health and Wellbeing
Rapid urbanization, lifestyle shifts, industrialization, economic development, health and wellness trends, and heightened awareness of the health risks linked to the long-term consumption of animal milk have generated significant growth opportunities for vegan yogurt manufacturers globally.
A significant portion of the global population faces challenges related to weight management, cardiovascular disease, and allergies. Additionally, concerns surrounding animal milk include issues such as acne, dermatological problems, and exposure to harmful substances like hormones, pesticide residues, mycotoxins, metals, and antibiotics, which can contribute to allergies and adverse health effects. In contrast, vegan yogurts typically contain lower levels of saturated fat and cholesterol compared to full-fat animal-based yogurts, making them beneficial for managing cardiovascular conditions by helping to lower blood pressure and cholesterol levels. Consequently, the increasing awareness of health and wellness is driving demand for vegan yogurt products.
Table of contents
11 chapters · 115 sections · 225 pages · click to expandSegmental analysis
| Segment | Largest share (2025) | Fastest growth (2025–2032) |
|---|---|---|
| By Type | Almond Milk Yogurt | — |
By Type
- The almond milk yogurt segment is expected to account for the largest share of the vegan yogurt market.
- This segment's significant market share can be attributed to the rising consumer preference for nut-based, lactose-free products, the abundant availability of almond milk for production, and its superior nutrient density compared to other yogurt varieties.
- Additionally, almond milk yogurt provides higher fiber content and lower levels of sugar and sodium than traditional dairy yogurts.
- Its reduced saturated fat content further enhances its appeal, driving growth in the market.
Geographic analysis
Asia-Pacific
Largest shareIn 2025, Asia-Pacific is estimated to account for the largest share of the global vegan yogurt market. The substantial share of the Asia-Pacific region in the vegan yogurt market is primarily driven by its large vegetarian population, increasing awareness of plant-based diets, rising expenditure on health-related products, and greater investments in the vegan food sector. Additionally, the growing prevalence of lactose intolerance and dairy allergies in the region has further bolstered the appeal of vegan yogurt as a dairy alternative. With a diverse array of flavors and varieties available, the demand for vegan yogurt in Asia-Pacific is projected to continue rising in the coming years. However, this region is slated to register the highest CAGR during the forecast period of 2025–2032 due to the rising adoption of Western diets, the increasing vegan population, the expanding availability of innovative product offerings, the rising presence of local and multinational manufacturers in the market, and the rising disposable incomes in the region, which are also enabling more consumers to invest in premium health-related products. Asia-Pacific Dominates the Vegan Yogurt Market in 2025
Competitive landscape
- July 2025
The Coconut Collab (U.K.) launched a high-protein vegan yogurt.
- July 2025
Müller Milk & Ingredients (U.K.) launched two coconut-based yogurt alternatives.
- March 2024
So Delicious Dairy Free (U.S.) launched a new 0g Added Sugar Coconutmilk Yogurt Alternative.
- July 2021
Alpro (Belgium) launched Vegan Oat and Coconut Greek Yogurts.
- Danone S.A. · France
- Daiya Foods Inc. · Canada
- General Mills Inc. (U.S.)
- Nancy's Probiotic Foods (U.S.)
- COYO Pty Ltd. · Australia
- Chobani, LLC (U.S.)
- Kite Hill (U.S)
- Hain Celestial Group Inc. (U.S.)
- Stonyfield Farm, Inc. (U.S.)
- Forager Project LLC (U.S.)
- KaTech Ingredient Solutions GmbH · Germany
- Epigamia · India
- Oatly A.B · Sweden
Frequently asked questions
The global vegan yogurt market size was valued at $2.62 billion in 2024.
Cite this report
Meticulous Research. (2024). Vegan Yogurt Market - Global Opportunity Analysis and Industry Forecast (2025-2032) (Report No. MRFB - 1041383). Meticulous Market Research Pvt. Ltd. https://www.meticulousresearch.com/product/vegan-yogurt-market-6066