According to new research by Fact.MR, sales of vegan yogurts increased by more than 66 million pounds in 2018. The research found that new flavours, health benefits of veganism, and celebrities endorsing plant-based living are driving the growth of the market.
Due to the wide range of health benefits of almonds, almond-based yogurts prove to be the most popular in the dairy-free yogurt sector. Almond milk yogurt can help reduce bad cholesterol, maintain eye health, immunity, and digestive health. Apart from almonds, popular ingredients for vegan yogurts also include macadamias, cashews, tiger nuts, banana flour, chickpea juice, and coconuts.
The key market players in the report include Hain Celestial Group Inc., Stonyfield Farm Inc., Daiya Foods Inc., Good Karma Foods Inc., Hudson River Foods, Nancy’s Yogurt, Kite Hill, and COYO Pty Ltd.
