The Asia Pacific Plant-based Yogurt Market would witness market growth of 14.1% CAGR during the forecast period (2024-2031).
The China market dominated the Asia Pacific Plant-based Yogurt Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $632 million by 2031. The Japan market is registering a CAGR of 13.4% during (2024 - 2031). Additionally, The India market would showcase a CAGR of 14.9% during (2024 - 2031).
The adoption of this yogurt has accelerated significantly in recent years, driven by various factors, including health trends, dietary preferences, and evolving consumer attitudes. This yogurt is gaining traction due to its probiotic content, which supports digestive health. As consumers become more informed about the benefits of probiotics for gut health, they increasingly turn to plant-based yogurt as a viable option for maintaining a healthy digestive system.
Likewise, the availability of this in a wide range of retail and distribution channels has facilitated its adoption. This yogurt is now commonly found in mainstream supermarkets, online platforms, and health food stores, making it more accessible to consumers. Strategic product placement in grocery stores, including dedicated sections for plant-based products, has increased visibility and convenience. This enhanced placement encourages trial and repeat purchases among consumers.
Online retail platforms in China offer the convenience of 24/7 shopping, allowing consumers to purchase anytime, enhancing customer satisfaction and boosting sales. E-commerce in China provides various delivery options, including same-day or next-day delivery, which ensures it reaches consumers quickly and efficiently. Online retail platforms in China offer various yogurt products, including various flavors, formulations, and packaging options, catering to diverse consumer preferences. E-commerce channels allow consumers to access niche and premium yogurt products that might not be available in local stores, increasing product variety. In conclusion, the expansion of the region's distribution channels is driving the market's growth.
Free Valuable Insights: The Global Plant-based Yogurt Market is Predict to reach USD 7.9 Billion by 2031, at a CAGR of 13.6%
Based on Flavor, the market is segmented into Flavored Yogurt, and Non-Flavored Yogurt. Based on Distribution Channel, the market is segmented into B2C (Hypermarkets & Supermarkets, Specialty Stores, Online, and Others), and B2B. Based on Source, the market is segmented into Soy, Almond, Coconut, Oat, and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
By Flavor
By Distribution Channel
By Source
By Country
Our team of dedicated experts can provide you with attractive expansion opportunities for your business.
Unique Offerings 