KEFIR MARKET Size: USD 2.10 Bn by 2029, Featuring Key Players Valio and Biotiful Dairy
Kefir Market Expected to Reach Nearly US$ 2.1 Billion by 2029, Driven by Growing Health Awareness
The global kefir market is on track for steady growth, reaching an estimated value of nearly US$ 2.1 billion by 2029. This represents a compound annual growth rate (CAGR) of 5.5% from a value of US$ 1.44 billion in 2022, according to a new report by Maximize Market Research. The increasing popularity of kefir is attributed to its perceived health benefits, particularly its probiotic content.
Consumer Interest in Probiotics Fuels Kefir Market
Kefir is a fermented beverage made from kefir grains, which contain a complex blend of bacteria and yeast. It's gaining traction among health-conscious consumers due to its potential gut health benefits and its association with boosting immunity. This growing consumer interest in probiotics is a key driver of the kefir market.
Market Segmentation Offers Insights into Consumer Preferences
The kefir market is segmented by category (flavored, non-flavored), product type (animal-based, plant-based), distribution channel (online, offline), nature (organic, conventional), and application (foods & beverages, pharmaceuticals). This segmentation provides valuable insights into consumer preferences and helps manufacturers tailor their offerings to specific market segments.
Leading Kefir Producers Vie for Market Share
The kefir market landscape features established players like Lifeway Foods, Inc. and The Hain Celestial Group, Inc., alongside niche companies specializing in organic or plant-based kefir products. The press release can be enhanced by mentioning a few additional leading producers in each category (animal-based and plant-based) for a more comprehensive picture.
Global Reach Reflects Growing Demand
Europe is currently the largest kefir market, but the Asia Pacific region is expected to experience the fastest growth due to factors such as rising disposable incomes and increasing awareness of gut health.
COVID-19 Impact and Future Outlook
The COVID-19 pandemic has had a mixed impact on the kefir market. While some consumers turned to kefir for its potential immune-boosting properties, supply chain disruptions presented challenges. The Maximize Market Research report analyzes the ongoing and anticipated impact of COVID-19 on the market.
Addressing Key Questions for Market Participants
The Maximize Market Research report explores critical questions that businesses and investors have about the kefir market. This includes market size projections, growth drivers and challenges, leading players, emerging trends, and the impact of COVID-19.
Table of Contents:
Chapter 1: Overview
Chapter 2: Global Market Status and Forecast by Regions
Chapter 3: Global Market Status and Forecast by Types
Chapter 4: Global Market Status and Forecast by Downstream Industry
Chapter 5: Market Driving Factor Analysis
Chapter 6: Market Competition Status by Major Manufacturers
Chapter 7: Major Manufacturers Introduction and Market Data
Chapter 8: Upstream and Downstream Market Analysis
Chapter 9: Cost and Gross Margin Analysis
Chapter 10: Marketing Status Analysis
Chapter 11: Market Report Conclusion
Chapter 12: Research Methodology and Reference
If You Have Any Questions About This Report? Please Contact Us On the link mentioned below:
About Us:
About Maximize Market Research:
Maximize Market Research is one of the fastest-growing market research and business consulting firms serving clients globally. Our revenue impact and focused growth-driven research initiatives make us a proud partner of majority of the Fortune 500 companies. We have a diversified portfolio and serve a variety of industries such as IT & telecom, chemical, food & beverage, aerospace & defense, healthcare and others.
More Related Reports:
Global Vegan Cheese MarketNuts MarketBreakfast Cereal Market
Contact Maximize Market Research:
MAXIMIZE MARKET RESEARCH PVT. LTD.
⮝ 3rd Floor, Navale IT park Phase 2,
Pune Banglore Highway, Narhe
Pune, Maharashtra 411041, India.
✆ +91 9607365656
🖂 mailto:sales@maximizemarketresearch.com
🌐 maximizemarketresearch.com