The plant-based yogurt market will reach $12.2 billion in 2033

The report predicts that the global plant-based yogurt market will reach $12.2 billion by 2033, growing at a compound annual growth rate (CAGR) of 6%.


In a recently released report, experts said: Rising demand for dairy alternatives such as oats, soy, cashews and almonds is driving the market.

Consumer interest in these products is partly due to health reasons, the report said. Approximately 68% of the world's population is thought to suffer from lactose malabsorption (reduced ability to digest lactose). People are also increasingly aware of the environmental impact of buying dairy products. The dairy industry accounts for about four percent of global greenhouse gas emissions and also consumes large amounts of land and fresh water.

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