Press release
Functional Dairy Products Market Growth, Size, Demand, Analysis, Opportunities and Market Forecast 2023-2030
The market for functional dairy products is expanding rapidly worldwide due to a number of factors that address changing customer demands and increased health consciousness. Dairy products that are fortified with vital nutrients, probiotics, and bioactive substances to provide extra health advantages fall into the category of functional dairy products.
The market's expansion highlights how important health and wellness are becoming, especially the importance of digestive health and the need for goods that improve general vitality. An further important aspect driving market expansion is the growing awareness of digestive health. An increasing number of people suffer from gastrointestinal distress and disorders like lactose intolerance and irritable bowel syndrome (IBS).
Functional Dairy Products Market Size and Growth Analysis
The Global Functional Dairy Products Market reached US$ 43 billion in 2022 and is expected to reach US$ 62.6 billion by 2030, growing with a CAGR of 4.8% during the forecast period 2023-2030.
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Functional Dairy Products Market Dynamics
The market for functional dairy products has shown strong growth, primarily due to increased knowledge about digestive health. Growing consumer awareness of the profound relationship between gut health and general health has led to an increase in demand for dairy products that support a balanced gut flora, ease digestive discomfort, and offer basic nutrition.
In this regard, probiotic-enriched dairy products have become increasingly popular as functional dairy products. Probiotics are live, beneficial bacteria that have been shown to have a good impact on the microbiota of the gut. Products containing these probiotics, such as yogurt, kefir, and cultured milk, have become popular options for people looking for treatment from digestive issues.
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Functional Dairy Products Market Segment Analysis
By Product
By Function
By Distribution Channel
By Region
Major Companies Covered
Bionova, Cargill, Incorporated., Unilever, Airen Herbals, Amway Corp., Tanmiah Food Company, Zydus Wellness, Vitabiotics, Bayer AG
Trending Report
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