Europe Plant-based Yogurt Market Outlook, 2028

The plant-based yogurt market in Europe is expanding rapidly, with increased health awareness and environmental concerns among consumers being the primary drivers. People are turning to plant-based yogurt as a healthier alternative to traditional dairy yogurt as they become more aware of the health benefits of a plant-based diet. Furthermore, consumer concerns about the environmental impact of animal agriculture have pushed many to seek out plant-based alternatives. The availability of a diverse range of plant-based yogurt options, from soy and almond to coconut and cashew, is also contributing to the market's expansion. The plant-based food revolution has taken Europe by storm, and the plant-based yogurt market has seen amazing growth. Plant-based yogurts have become a popular choice across the continent as customers seek healthier, more sustainable, and ethical nutritional options. The variety of products available in the European plant-based yogurt market is one of its distinguishing aspects. Consumers have a wide selection of options for almond and soy yogurts, as well as coconut, oat, and cashew-based yogurts. This variety accommodates a wide range of dietary requirements, sensitivities, and flavor profiles, guaranteeing that there is a plant-based yogurt for everyone. In Europe, the increased popularity of plant-based yogurt has had a considerable impact on dietary habits. Veganism and vegetarianism are becoming increasingly popular, and plant-based yogurt fits in perfectly with these diets. Furthermore, many people who do not fully accept plant-based diets are adding more plant-based options into their everyday routines, a practice known as "flexitarianism," which is expanding the market. According to the research report, “Europe Plant-based Yogurt Market Outlook, 2028” published by Bonafide Research, the market is anticipated to grow during the forecast period. The unique culinary heritage of Europe has had a considerable impact on the range and authenticity of plant-based yogurts available in the region. Different European countries have their own distinct plant-based yogurt traditions, typically incorporating regional flavors and tastes by employing ingredients such as almond, soy, coconut, oats, and even hemp. Because of this cultural diversity, consumers can choose from a variety of classic and new plant-based yogurt options. Plant-based yogurt manufacturers in Europe frequently combine regional and seasonal ingredients, giving a sense of connection with local food sources. Greek-style plant-based yogurts made with almonds or cashews, for example, pay homage to the traditional Greek yogurt history, while Nordic-inspired versions may include ingredients such as lingonberries or sea buckthorn. European food innovation is well known around the world, and this includes plant-based yogurt. European manufacturers are at the forefront of developing distinct and appealing flavors that are frequently inspired by the continent's rich culinary heritage. Consumers can choose from a variety of flavors, ranging from traditional to unique and adventurous. Plant-based yogurt manufacturers in Europe frequently focus on increasing the nutritional content of their products. Many products are fortified with important vitamins, minerals, and probiotics, allowing customers to enjoy the taste while reaping the health benefits of these additions. Dietary trends such as veganism, vegetarianism, and flexitarianism have grown significantly throughout Europe. Plant-based yogurts fit into these lifestyles by catering to consumers looking for dairy-free options while also addressing dietary choices and ethical concerns. Based on countries market is segmented into Germany, United Kingdom, France, Italy, Spain and Russia.

Germany has a long history of environmental concern and sustainability. This philosophy extends to food choices, with many people preferring plant-based alternatives due to environmental concerns about traditional dairy production. The quest for environmentally friendly alternatives has moved the plant-based yogurt business ahead. Germany places a high value on nutritional quality and product transparency. Many German plant-based yogurt businesses focus on providing nutritionally balanced products that are often fortified with vitamins, minerals, and probiotics to guarantee consumers obtain health advantages while eating yogurt. Plant-based diets are becoming more popular in Germany. The country has a sizable vegetarian and vegan population, which has increased demand for plant-based dairy alternatives such as yogurt. The availability of various and tasty alternatives makes the transition easier for consumers. Many German companies invest in environmentally friendly and sustainable strategies, such as sourcing materials locally and utilizing eco-friendly packaging. These efforts are in line with customer tastes and help to solidify Germany's leadership in the plant-based yogurt market. The product type of the market includes soy, almond, rice and others. The landscape of plant-based yogurt products in Europe is growing, with an incredible number of options to cater to a wide range of tastes and dietary preferences. Almond-based yogurt, recognized for its delicate nutty flavor and creamy texture, is one of the most popular product varieties. Alpro, Almond Dream, and Provamel all provide a variety of almond yogurt varieties, which are sometimes supplemented with different fruit flavors or sweeteners to appeal to diverse palates. Soy yogurt is still a mainstay in the European plant-based yogurt sector, thanks to its high protein content and adaptability. Soy yogurt products, including basic and flavored variations, are available from brands such as Alpro, Sojade, and Abbot Kinney's. This product type is popular not only among vegans but also among people looking for a protein-rich alternative to dairy yogurt. Coconut milk yogurt has also acquired popularity in Europe thanks to its tropical flavor and decadent texture. Coconut yogurt brands such as CoYo, Coconut Collaborative, and Hälsa provide a delectable selection, frequently including actual coconut bits or fruit purees to create a tropical paradise in every spoonful. With the advent of hemp-based yogurt by firms such as Good Hemp and Braham & Murray, Europe has also embraced innovation. These items have a distinct earthy flavor and are high in omega-3 fatty acids and other nutrients, making them appealing to health-conscious consumers. In terms of distribution channel market is divided into hypermarkets and supermarkets, convenience stores, e-commerce and others. E-commerce channel is predicted to grow at the fastest rate in Europe plant-based yogurt market. E-commerce provides consumers with unrivaled convenience. They can use smartphones or laptops to browse, compare, and purchase plant-based yogurt products from the comfort of their own homes or on the go. This ease of use is especially appealing to busy adults and families. Online stores frequently provide a wide range of plant-based yogurt brands, flavors, and designs. Shoppers may quickly and simply browse a wide selection of possibilities, including things that may not be accessible in their local physical locations. This selection accommodates a wide range of tastes and dietary preferences. Subscription services are available on several e-commerce platforms, allowing customers to get regular deliveries of their favourite plant-based yogurt products. This strategy offers a consistent flow of sales for producers while also providing ease for customers who prefer automated shopping. E-commerce eliminates geographic boundaries, allowing consumers in remote or underserved areas to obtain plant-based yogurt products that may not be widely available in local supermarkets or health food stores. This ease of access broadens the customer base and propels market growth. Considered in this report • Geography: Europe • Historic year: 2017 • Base year: 2022 • Estimated year: 2023 • Forecast year: 2028 Aspects covered in this report • Europe Plant-based Yogurt with its value and forecast along with its segments • Country-wise Plant-based Yogurt market analysis • Various drivers and challenges • On-going trends and developments • Top profiled companies • Strategic recommendation Countries covered in the report • Germany • United Kingdom • France • Italy • Spain • Russia

By Product Type: • Soy • Almond • Rice • Others By Distribution Channel: • Hypermarkets and Supermarkets • Convenience Stores • E-Commerce • Others The approach of the report This report consists of a combined approach of primary and secondary research. Initially, secondary research was used to get an understanding of the market and list the companies that are present in it. The secondary research consists of third-party sources such as press releases, annual reports of companies, and government-generated reports and databases. After gathering the data from secondary sources, primary research was conducted by conducting telephone interviews with the leading players about how the market is functioning and then conducting trade calls with dealers and distributors of the market. Post this; we have started making primary calls to consumers by equally segmenting them in regional aspects, tier aspects, age group, and gender. Once we have primary data with us, we can start verifying the details obtained from secondary sources. Intended audience This report can be useful to industry consultants, manufacturers, suppliers, associations and organisations related to the Plant-based Yogurt industry, government bodies, and other stakeholders to align their market-centric strategies. In addition to marketing and presentations, it will also increase competitive knowledge about the industry.