Asia Pacific Vegan Yogurt Market Size & Outlook, 2019-2027

The vegan yogurt market in Asia Pacific is expected to reach a projected revenue of US$ 1,792.7 million by 2027. A compound annual growth rate of 20.2% is expected of Asia Pacific vegan yogurt market from 2020 to 2027.
Revenue, 2019 (US$M)
$410.7
Forecast, 2027 (US$M)
$1,792.7
CAGR, 2020 - 2027
20.2%
Report Coverage
Asia Pacific

Asia Pacific vegan yogurt market highlights

  • The Asia Pacific vegan yogurt market generated a revenue of USD 410.7 million in 2019.
  • The market is expected to grow at a CAGR of 20.2% from 2020 to 2027.
  • In terms of segment, soy was the largest revenue generating product in 2019.
  • Rice is the most lucrative product segment registering the fastest growth during the forecast period.
  • Country-wise, India is expected to register the highest CAGR from 2020 to 2027.


Asia Pacific data book summary

Market revenue in 2019USD 410.7 million
Market revenue in 2027USD 1,792.7 million
Growth rate20.2% (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
Key market players worldwideThe Hain Celestial Group Inc, Danone SA, General Mills Inc, Chobani, Stonyfield Farms, Daiya Foods, Good Karma Foods, Hudson River Foods, Nancy's Probiotic Foods, Kite Hill, COYO


Other key industry trends

  • In terms of revenue, Asia Pacific region accounted for 25.4% of the global vegan yogurt market in 2019.
  • Globally, Europe is projected to lead the regional market in terms of revenue in 2027.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 1,792.7 million by 2027.

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Vegan Yogurt Market Scope

Vegan yogurt market segmentation & scope
Soy
Almond
Rice
Others
Hypermarkets, Supermarkets, and Convenience Stores
Specialty Stores
Online

Vegan Yogurt Market Companies

Name Profile # Employees HQ Website

Asia Pacific 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 48.6% in 2019. Horizon Databook has segmented the Asia Pacific vegan yogurt market based on soy, almond, rice covering the revenue growth of each sub-segment from 2016 to 2027.


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Target buyers of Asia Pacific 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.).
  • The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.

Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific vegan yogurt market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific vegan yogurt market from 2016 to 2027, including revenue numbers, major trends, and company profiles.

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Asia Pacific vegan yogurt market size, by country, 2016-2027 (US$M)

Asia Pacific Vegan Yogurt Market Outlook Share, 2019 & 2027 (US$M)

Asia Pacific vegan yogurt market size, by country, 2016-2027 (US$M)

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