Your life will be more colourful the more colourful your dish will be! This guiding principle is followed by wellness experts, medical professionals, and exercise enthusiasts who want to appear younger as well as feel better. Furthermore, a growing number of millennials are making the decision to abstain from dairy. Many people's mental health has been impacted by environmental changes, irregular eating habits, intake of unhealthy fast food, and the COVID-19 epidemic. People are now more aware of the food they consume on a daily basis. Additionally, the popularity of veganism and the incidence of lactose intolerance have greatly increased demand for vegan beverages.
The market for vegan yoghurt has developed as a result of people's increasing preference for plant-based diets. Different kinds of plant-based diets have become increasingly popular around the world. Vegan yoghurt has emerged as a new approach for manufacturers and consumers alike to follow sustainable eating practises. Due to the nutritional advantages of vegan yoghurt over traditional dairy yoghurt, which has a declining shine, dairy products are becoming less and less popular worldwide. Contrarily, vegan yoghurt products have a texture and consistency that are equivalent to those of traditional dairy products, which has allowed manufacturers to expand their global market share.
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Vegan Drinks Market: Segmentation Analysis
Vegan Drinks Market based on Type
- Vegan hot drinks
- Vegan Cold drinks
- Vegan Juices
- Others
Based on type, Vegan juices segment is anticipated to dominate the market owing to increasing demand for vegan Juices as juices have been an integral part of fitness, nutrition and lifestyle blogs. Also growing consumer inclination towards healthy products are further boosting segmental expansion. products.
Vegan Drinks Market based on Source
- Soy based
- Coconut based
- Rice based
- Almond based
- Oats based
- Fruits based
- Hazelnut based
- Hemp based
- Cashew based
- Flax based
- Others
Based on Source, Almond based segment is anticipated to dominate the market ascribing to accelerated demand for plant based diet and dairy alternatives. Almond based drink has rich texture and flavour and is naturally dairy – free in nature., Also, almond is an excellent and natural source of vitamin E which is a fat-soluble antioxidant that helps protecting the body from free radical damage.
Vegan Drinks Market based on Packaging Type
- Cans
- Bottles
- Pouches
- Others
Vegan Drinks Market based on Sales Channel
- B2B
- B2C
Vegan Drinks Market based on Flavour
- Plain
- Flavoured
Vegan Drinks Market based on Distribution Channel
- Hypermarkets Supermarkets
- Convenience Stores
- Specialty Stores
- Online
- Others
Top Key Players:-
- yfood Labs GmbH.
- Beverage Universe
- Vegan Tipples
- Chobani, LLC.
- PepsiCo, Inc
- THE BRIDGE S.R.L
- Fentimans Ltd
- Guinness Co.
- SIMANDL, spol. s r. o
- The Good Pea Co.
- Soho Juice Co. Ltd
- PAISLEY DRINKS CO. LTD.
- SunOpta
- Vvegano
- Starbucks
- Coco-cola
- Alfa Laval
- Archer Daniels Midland Company
- BLUE DIAMOND GROWERS
- HAIN CELESTIAL GROUP, INC.
- LIVING HARVEST FOODS INC.
- ORGANIC VALLEY CROPP COOPERATIVE
- PANOS BRANDS LLC (KONINKLIJKE WESSANEN N.V.)
- Hain Celestial Group
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Frequently Asked Questions (FAQ):
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