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.
Free Valuable Insights: The Global Plant-based Yogurt Market will Hit 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 Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
By Flavor
By Distribution Channel
By Source
By Country
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