Global Vegan Yogurt Market Size & Outlook, 2019-2027

The vegan yogurt industry worldwide is expected to reach a projected revenue of US$ 6,457.0 million by 2027. A compound annual growth rate of 18.9% is expected of the worldwide vegan yogurt industry from 2020 to 2027.
Revenue, 2019 (US$M)
$1,615.2
Forecast, 2027 (US$M)
$6,457.0
CAGR, 2020 - 2027
18.9%
Report Coverage
Worldwide

Global vegan yogurt market highlights

  • The global vegan yogurt market generated a revenue of USD 1,615.2 million in 2019 and is expected to reach USD 6,457.0 million by 2027.
  • The market is expected to grow at a CAGR (2020 - 2027) of 18.9% by 2027.
  • In terms of segment, soy accounted for a revenue of USD 760.4 million in 2019.
  • Rice is the most lucrative product segment registering the fastest growth during the forecast period.
  • In terms of region, Europe was the largest revenue generating market in 2019.
  • Country-wise, Brazil is expected to register the highest CAGR from 2020 to 2027.

Global data book summary

Market revenue in 2019USD 1,615.2 million
Market revenue in 2027USD 6,457.0 million
Growth rate18.9% (CAGR from 2019 to 2027)
Largest segmentSoy
Fastest growing segmentRice
Historical data covered2016 - 2018
Base year for estimation2019
Forecast period covered2020 - 2027
Quantitative unitsRevenue in USD million
Market segmentationSoy, Almond, Rice

Other key industry trends

  • In terms of revenue, the North America accounted for 18.8% of the global vegan yogurt market in 2019.
  • By country, the U.S. is projected to lead the global market in terms of revenue in 2027.
  • By country, Brazil is the fastest growing regional market and is projected to reach USD 56.5 million by 2027.

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Vegan Yogurt Market Companies

Name Profile # Employees HQ Website

Global vegan yogurt market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to vegan yogurt market will help companies and investors design strategic landscapes.


Soy was the largest segment with a revenue share of 47.08% in 2019. Horizon Databook has segmented the Global vegan yogurt market based on soy, almond, rice covering the revenue growth of each sub-segment from 2016 to 2027.


  • Global Vegan Yogurt Product Outlook (Revenue, USD Million, 2016-2027)
    • Soy
    • Almond
    • Rice
    • Others
  • Global Vegan Yogurt Distribution Channel Outlook (Revenue, USD Million, 2016-2027)
    • Hypermarkets, Supermarkets, and Convenience Stores
    • Specialty Stores
    • Online

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Target buyers of Global vegan yogurt market databook

  • Our clientele includes a mix of vegan yogurt market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of global-level data and insights on the Global vegan yogurt market , including forecasts for subscribers. This global databook contains high-level insights into Global vegan yogurt market from 2016 to 2027, including revenue numbers, major trends, and company profiles.

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Global vegan yogurt market size, by regions, 2016-2027 (US$M)

Top 10 countries: Vegan yogurt market size, 2019 (US$M)

Global vegan yogurt market share, by product, 2019 & 2027 (%, US$M)

Vegan yogurt market: Opportunity assessment by country

Global vegan yogurt market, by region, 2019 (US$M)

Global vegan yogurt market size, by regions, 2016-2027 (US$M)

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