Expert Collections containing Kite Hill
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Kite Hill is included in 3 Expert Collections, including Food & Beverage .
Food & Beverage
Startups in the food & beverage space, including alternative proteins, vertically-farmed produce, functional beverages and more.
This Collection includes B2B and B2C companies developing alternatives to animal-derived proteins, including plant-based meat, dairy alternatives, lab-grown or cultured meat, and fermented proteins.
We define wellness tech as companies developing technology to help consumers improve their physical, mental, and social well-being. Companies in this collection play across a wide range of categories, including food and beverage, fitness, personal care, and corporate wellness.
Latest Kite Hill News
Sep 21, 2023
Pune, INDIA Pune, India, Sept. 21, 2023 (GLOBE NEWSWIRE) -- According to our latest study on “ Non-dairy Yogurt Market Size Report, Forecast to 2030 – COVID-19 Impact and Global Analysis – by Source, Type, Nature, Distribution Channel, and Geography,” the non-dairy yogurt market is expected to grow from $ 2.46 billion in 2022 to $ 5.91 billion by 2030; it is estimated to grow at a CAGR of 11.6% from 2022 to 2030. The Hain Celestial Group Inc, Danone Sa, Springfield Creamery Inc, Lyrical Foods Inc, Coyo Pty Ltd, Valio Ltd, Oatly Group Ab, Daiya Foods Inc, Forager Project LLC, and Harmless Harvest Inc. are a few of the major players operating in the non-dairy yogurt market. Companies in this market focus on strategies such as investments in research and development activities and new product launches. For instance, in August 2021, Silk, a well-known brand of Danone SA for plant-based products, launched plant-based Greek yogurt. Such products launched by manufacturers strengthen their position in the market. Download PDF Brochure: https://www.theinsightpartners.com/sample/TIPRE00030032/ Europe held the largest share of the non-dairy yogurt market in 2022. The considerable demand for plant-based dairy products due to increasing health consciousness and the trend of veganism has made Europe a significant market. Consumers prefer lactose-free foods because of several health benefits, such as the antioxidant properties of dairy alternatives—such as dairy-free yogurt. According to “The Smart Protein Project report,” the sales value of plant-based food in Germany grew by 97% during 2018–2020, while the sales volume increased by 80%. Moreover, consumers are highly inclined toward plant-based dairy products due to rising awareness of animal welfare. The popularity of plant-based dairy products is increasing in Europe due to the shift in consumer demand from animal protein to plant protein. Thus, due to all the aforementioned factors, the demand for non-dairy yogurt is expected to grow in Europe during the forecast period. Rising Adoption of Organic Products Boost Non-Dairy Yogurt Market Growth Organic and natural products are gaining popularity owing to their perceived health benefits. Consumers are highly concerned about their health and wellness, and they pay more attention to ingredients used in processed products. They are willing to pay high prices for products that are free of synthetic ingredients. Further, greater access to infinite information through the internet has made consumers increasingly aware of their health needs, which triggers the demand for organic products. The inclination of people toward organic products has encouraged manufacturers to invest heavily in products produced with organic constituents. In February 2020, plant-based pioneer Forager Project launched a variety of new organic products, including high-protein yogurts, dairy-free butter with Peruvian salt, oat milk, grain-free cereal, and grain-free chips. Thus, increasing demand for organically sourced products is expected to create lucrative opportunities for the non-dairy yogurt market growth during the forecast period. Non-Dairy Yogurt Market: Segmental Overview Based on type, the non-dairy yogurt market is bifurcated into flavored and plain. The flavored segment held a larger market share in 2022. Flavored yogurt has gained immense popularity, particularly in the form of a dessert, over the past few years owing to a significant shift in the dietary habits among consumers. The need for naturally enriched fresh fruit-flavored yogurt is significantly high, especially for berry flavors such as blueberry, strawberry, and raspberry. Besides this, other flavors such as mango, chocolate, and coffee are also gaining huge attention. These factors are expected to boost the segment’s share during the forecast period. Based on distribution channel, the non-dairy yogurt market is segmented into supermarkets & hypermarkets, convenience stores, online retail, and others. The online retail segment is projected to register the highest CAGR during the forecast period. Online distribution channels reduce the operation cost of manufacturers and allow them to reach targeted customers. Further, various online portals such as Amazon offer home delivery services, secure payment options, and attractive discounts, making the buying process convenient for customers. During the COVID-19 pandemic, online retail channels gained popularity as they offered home delivery services. Hence, the convenience, availability of a vast array of products, and time management properties of online stores promote the non-dairy yogurt market growth for the online segment. Order a Copy of this Report at: https://www.theinsightpartners.com/buy/TIPRE00030032/ Impact of COVID-19 Pandemic on Non-Dairy Yogurt Market Various food & beverage industries faced unprecedented challenges during the COVID-19 pandemic in 2020. Moreover, non-dairy yogurt manufacturers faced significant challenges in production and distribution due to supply chain constraints caused by nationwide lockdowns, trade bans, and travel restrictions, eventually leading to price hikes. The operations and processes were temporarily discontinued across the globe due to the shortage of workforce and limited supply of raw materials. These factors negatively impacted the non-dairy yogurt market growth during the pandemic. On the other hand, the dietary preferences of consumers changed significantly, with many consumers switching to plant-based diets. The demand for dairy alternatives increased significantly during the pandemic due to health and wellness concerns. Also, a shift in consumer shopping behavior was witnessed as customers transitioned to e-commerce shopping. These factors boosted the non-dairy yogurt market growth during the pandemic. Go through further research published by The Insight Partners: (Purchase with 10% Instant Discount):
Kite Hill Frequently Asked Questions (FAQ)
When was Kite Hill founded?
Kite Hill was founded in 2013.
Where is Kite Hill's headquarters?
Kite Hill's headquarters is located at 3180 Corporate Place, Hayward.
What is Kite Hill's latest funding round?
Kite Hill's latest funding round is Loan.
How much did Kite Hill raise?
Kite Hill raised a total of $83.95M.
Who are the investors of Kite Hill?
Investors of Kite Hill include Paycheck Protection Program, 301 INC, CAVU Consumer Partners, Unovis Asset Management, General Mills and 4 more.
Who are Kite Hill's competitors?
Competitors of Kite Hill include Formo, New Culture, Sproud, Better Dairy, Milky Plant, New Roots, Eclipse Foods, Edenesque, Miyoko's Creamery, VlyFoods and 17 more.
Compare Kite Hill to Competitors
Miyoko’s Creamery provides a range of vegan dairy products. Its products include a selection of vegan cheese, butter, cream cheese, vegan mozzarella, spreads, and more. The company was formerly known as Miyoko's Kitchen. It was founded in 2014 and is based in Petaluma, California.
Elmhurst Milked is a plant-based beverage company. Using a unique cold milling process called 'milking', Elmhurst crafts whole food, non-dairy milks that combine the full nutrition of whole ingredients with a creamy texture and flavor. The products contain none of the industrial stabilizers, whiteners, emulsifiers or gums typical of other brands – they are naturally creamy as a result of healthy oils and nutritious thanks to native nut and grain proteins. Elmhurst's process also allows for safe consumption over longer periods of time and the products boast a longer shelf life with no need to refrigerate before opening
Califia Farms is a natural beverage company in the U.S. Known for offering the plant-based beverages artfully packaged in disruptive curvy bottles, Califia is a refrigerated nutmilk, non-dairy creamer and ready-to-drink coffee brand in the natural and specialty channels.
VlyFoods develops plant-based products in order to accelerate the transition from animal to plant protein. VlyFoods was founded in 2018 and is based in Berlin, Germany.
Eclipse Foods makes dairy products from plants. The company's products include plant-based milk and plant-based ice cream. It was founded in 2018 and is based in Oakland, California.
Formo operates in the precision-fermentation space focusing on animal-free dairy products. the company uses microorganisms instead of cows to produce its milk proteins. Formo was formerly known as LegenDairy Foods. It was founded in 2019 and is based in Berlin, Germany.