The Global Coconut Milk Yogurt Alternative Market is estimated to be increased with a CAGR of 9.85%. Yogurt is an excellent source of protein linked with high digestibility and richness of amino acids. Besides, the proteins contained in yogurt are easily digestible than thoxd of standard milk which is a result of fermentation process, which breaks them in smaller entities. The different flavors of yogurt, makes taste buds worth remembering.
The report " Global Coconut Milk Yogurt Alternatives Market, By Product type (Spoonful and Drinkable), By Source (Plant based yogurt and Dairy based yogurt), By Nature (Conventional and Organic), By Flavors (Plain, Chocolate, Blueberries, Strawberry and Others), By Taste (Sweetened ( Sugar and Jaggery) and Unsweetened), By Distribution Channel (Supermarkets & Hypermarkets, Specialty Stores, Online Stores and Others) and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) – Market Trends, Analysis, and Forecast till 2030”
On 12th June, 2020, Epigamia launched India’s first plant based coconut milk yogurt which is available in two flavors Unsweetened and Coconut Jaggery.
On 2nd March 2020, Kite hill launched two products which are coconut milk-based yogurts and a plant-based sour cream alternative.
Players are coming up with innovative ideas and fusing different flavors to enhance the taste of yogurt. Furthermore, Veganism is another reason due to which plant based yogurt demand is increasing which overall enhance the market. Local players in India can invest in this market as India is the second largest producer of milk, hence availability of raw material is much more compared with other countries.
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