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Europe Plant-based Yogurt Market Size, Share & Trends Analysis Report By Flavor (Flavored Yogurt and Non-Flavored Yogurt), By Distribution Channel (B2C and B2B), By Source (Soy and Others), By Country and Growth Forecast, 2024 - 2031

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    Report

  • 113 Pages
  • August 2024
  • Region: Europe
  • Marqual IT Solutions Pvt. Ltd (KBV Research)
  • ID: 6004169
The Europe Plant-based Yogurt Market would witness market growth of 13.5% CAGR during the forecast period (2024-2031).

The Germany market dominated the Europe Plant-based Yogurt Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $682.9 million by 2031. The UK market is exhibiting a CAGR of 12.5% during 2024-2031. Additionally, the France market would experience a CAGR of 14.3% during 2024-2031.



Innovative culinary applications include using this yogurt as a base for gourmet ice creams and frozen yogurt. The product’s creamy texture and flavor versatility allow for the creation of indulgent yet dairy-free frozen desserts, appealing to consumers with varying dietary preferences. It can be utilized in baking as a substitute for dairy yogurt or buttermilk. It contributes moisture and tenderness to baked goods such as cakes, muffins, and bread, providing a dairy-free alternative that maintains the desired texture and taste.

Moreover, combining this yogurt with functional ingredients, such as prebiotics or adaptogens, creates specialized products that offer additional health benefits. These functional yogurt blends can support gut health, stress management, or immune function, expanding the product’s appeal to health-focused consumers. This can be used as a base for infused beverages, such as yogurt-based smoothies or probiotic drinks. This application leverages the product’s probiotic content and creamy texture to create functional beverages with added health benefits.

The proliferation of food processing enterprises in Europe boosts production efficiency through advanced technologies and streamlined processes, which can lead to higher volumes of this production. As per the Eurostat, 2020 revealed a substantial presence of 291,000 food and beverage (F&B) processing enterprises in the European Union (EU), constituting 14.1% of all manufacturing enterprises. With numerous food processing facilities, there is a greater focus on quality control and consistency, ensuring that the products meet high European standards. The growth of the food retail industry in Italy has led to more retail outlets, including supermarkets, hypermarkets, and specialty stores, which increases the shelf space available for plant-based yogurt products. According to the International Trade Administration (ITA), Italy’s retail food sales reached $170.4 billion in 2022, a 2.1% increase over 2021. Increased sales were registered at discount stores (4.1%), supermarkets (2.8%), hypermarkets (2.7%), and small local grocers (1%). Thus, high numbers of food processing enterprises and the rising food retail sector in the region are driving the market's growth.

List of Key Companies Profiled

  • General Mills Inc.
  • Danone S.A.
  • Nancy’s Yogurt
  • Nush Foods
  • Califia Farms LLC
  • Nestlé S.A.
  • The Hain Celestial Group, Inc.
  • Kite Hill
  • Chobani LLC

Market Report Segmentation

By Flavor

  • Flavored Yogurt
  • Non-Flavored Yogurt

By Distribution Channel

  • B2C
  • Hypermarkets & Supermarkets
  • Specialty Stores
  • Online
  • Others
  • B2B

By Source

  • Soy
  • Almond
  • Coconut
  • Oat
  • Others

By Country

  • Germany
  • UK
  • France
  • Russia
  • Spain
  • Italy
  • Rest of Europe

Table of Contents

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe Plant-based Yogurt Market, by Flavor
1.4.2 Europe Plant-based Yogurt Market, by Distribution Channel
1.4.3 Europe Plant-based Yogurt Market, by Source
1.4.4 Europe Plant-based Yogurt Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
3.3 Porter Five Forces Analysis
Chapter 4. Europe Plant-based Yogurt Market by Flavor
4.1 Europe Flavored Yogurt Market by Country
4.2 Europe Non-Flavored Yogurt Market by Country
Chapter 5. Europe Plant-based Yogurt Market by Distribution Channel
5.1 Europe B2C Market by Country
5.2 Europe Plant-based Yogurt Market by B2C Type
5.2.1 Europe Hypermarkets & Supermarkets Market by Country
5.2.2 Europe Specialty Stores Market by Country
5.2.3 Europe Online Market by Country
5.2.4 Europe Others Market by Country
5.3 Europe B2B Market by Country
Chapter 6. Europe Plant-based Yogurt Market by Source
6.1 Europe Soy Market by Country
6.2 Europe Almond Market by Country
6.3 Europe Coconut Market by Country
6.4 Europe Oat Market by Country
6.5 Europe Others Market by Country
Chapter 7. Europe Plant-based Yogurt Market by Country
7.1 Germany Plant-based Yogurt Market
7.1.1 Germany Plant-based Yogurt Market by Flavor
7.1.2 Germany Plant-based Yogurt Market by Distribution Channel
7.1.2.1 Germany Plant-based Yogurt Market by B2C Type
7.1.3 Germany Plant-based Yogurt Market by Source
7.2 UK Plant-based Yogurt Market
7.2.1 UK Plant-based Yogurt Market by Flavor
7.2.2 UK Plant-based Yogurt Market by Distribution Channel
7.2.2.1 UK Plant-based Yogurt Market by B2C Type
7.2.3 UK Plant-based Yogurt Market by Source
7.3 France Plant-based Yogurt Market
7.3.1 France Plant-based Yogurt Market by Flavor
7.3.2 France Plant-based Yogurt Market by Distribution Channel
7.3.2.1 France Plant-based Yogurt Market by B2C Type
7.3.3 France Plant-based Yogurt Market by Source
7.4 Russia Plant-based Yogurt Market
7.4.1 Russia Plant-based Yogurt Market by Flavor
7.4.2 Russia Plant-based Yogurt Market by Distribution Channel
7.4.2.1 Russia Plant-based Yogurt Market by B2C Type
7.4.3 Russia Plant-based Yogurt Market by Source
7.5 Spain Plant-based Yogurt Market
7.5.1 Spain Plant-based Yogurt Market by Flavor
7.5.2 Spain Plant-based Yogurt Market by Distribution Channel
7.5.2.1 Spain Plant-based Yogurt Market by B2C Type
7.5.3 Spain Plant-based Yogurt Market by Source
7.6 Italy Plant-based Yogurt Market
7.6.1 Italy Plant-based Yogurt Market by Flavor
7.6.2 Italy Plant-based Yogurt Market by Distribution Channel
7.6.2.1 Italy Plant-based Yogurt Market by B2C Type
7.6.3 Italy Plant-based Yogurt Market by Source
7.7 Rest of Europe Plant-based Yogurt Market
7.7.1 Rest of Europe Plant-based Yogurt Market by Flavor
7.7.2 Rest of Europe Plant-based Yogurt Market by Distribution Channel
7.7.2.1 Rest of Europe Plant-based Yogurt Market by B2C Type
7.7.3 Rest of Europe Plant-based Yogurt Market by Source
Chapter 8. Company Profiles
8.1 General Mills, Inc.
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Segmental and Regional Analysis
8.1.4 Research & Development Expense
8.1.5 SWOT Analysis
8.2 Danone S.A.
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Segmental and Regional Analysis
8.2.4 Research & Development Expenses
8.2.5 Recent strategies and developments
8.2.5.1 Product Launches and Product Expansions
8.2.6 SWOT Analysis
8.3 Nancy’s Yogurt
8.3.1 Company Overview
8.4 Nush Foods
8.4.1 Company Overview
8.5 Califia Farms LLC
8.5.1 Company Overview
8.6 Nestle S.A.
8.6.1 Company Overview
8.6.2 Financial Analysis
8.6.3 Segmental and Regional Analysis
8.6.4 Research & Development Expenses
8.6.5 SWOT Analysis
8.7 The Hain Celestial Group, Inc.
8.7.1 Company overview
8.7.2 Financial Analysis
8.7.3 Regional Analysis
8.7.4 Research & Development Expense
8.7.5 SWOT Analysis
8.8 Kite Hill
8.8.1 Company Overview
8.8.2 SWOT Analysis
8.9 Chobani LLC
8.9.1 Company Overview
8.9.2 SWOT Analysis

Companies Mentioned

  • General Mills Inc.
  • Danone S.A.
  • Nancy’s Yogurt
  • Nush Foods
  • Califia Farms LLC
  • Nestlé S.A.
  • The Hain Celestial Group, Inc.
  • Kite Hill
  • Chobani LLC

Methodology

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