Revenue of the yogurt substitute market worldwide 2024

The global revenue in the yogurt substitutes segment of the food market was forecast to continuously increase between 2024 and 2029 by 0.8 billion U.S. dollars (+33.9 percent). After the eleventh consecutive increasing year, the indicator is estimated to reach 3.16 billion U.S. dollars and therefore a new peak in 2029. Notably, the revenue of the yogurt substitutes segment of the food market was continuously increasing over the past years.

Revenue of the yogurt substitute market worldwide from 2018 to 2029 (in billion U.S. dollars)

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Supplementary notes

Data provided by Statista Market Insights are estimates.

Definition:

Yogurt substitutes are non-dairy alternatives to traditional yogurt. They are made from plant-based ingredients, such as soy, coconut, almonds, or cashews. These substitutes aim to replicate the taste, texture, and nutritional properties of dairy yogurt without using any animal-derived ingredients. This makes them suitable for vegans, lactose intolerant individuals, those with dairy allergies, and/or people who simply wish to reduce their consumption of animal products. Yogurt substitutes often contain probiotics to promote gut health, and similarly to dairy-based yogurts, they can be used in various dishes and recipes.

Additional Information:

The market comprises revenue and average revenue per capita, volume and average volume per capita, price per unit (unit refers to kilogram). The market encompasses retail sales through both online and offline sales channels to private end customers (B2C). The market only covers at-home consumption, out-of-home consumption is not included.

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