Press release
Kefir Global Market Report 2024 - By Size, Share, Trends, Demand, Forecast By 2033
Furthermore, the report highlights on emerging trends, significant drivers, challenges, and opportunities, providing all necessary data for thriving in the Kefir industry. This report on Kefir market research offers a comprehensive perspective, including an in-depth analysis of the present and future scenarios within the industry.
Market Sizing:
The kefir market size has grown strongly in recent years. It will grow from $1.86 billion in 2023 to $1.99 billion in 2024 at a compound annual growth rate (CAGR) of 6.8%. The growth in the historic period can be attributed to rise in awareness of probiotic and fermented foods, growth in interest in gut health and digestive wellness, demand for natural and functional food products, increased consumer preference for dairy alternatives, adoption of health-conscious lifestyles and diets. The kefir market size is expected to see strong growth in the next few years. It will grow to $2.65 billion in 2028 at a compound annual growth rate (CAGR) of 7.4%.
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Key Market Players:
Danone SA, Lifeway Foods Inc., Nestle SA, Fresh Made, Maple Hill Creamery LLC.
Market Drivers:
According to the Kefir Market Report 2024 by The Business Research Company, the increasing demand for health and wellness industry is expected to propel the growth of the kefir market going forward. The health and wellness industry, also known as the well-being industry, encompasses a broad range of products, services, and activities that are related to improving and maintaining physical, mental, and emotional health. Kefir is a rich source of probiotics, which are beneficial bacteria that support gut health. Consuming kefir can help maintain a healthy balance of gut flora, potentially reducing digestive issues and improving overall gut function.
More information about the Global Kefir Market Report -
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Market segments for Kefir include:
• By Type: Milk Kefir, Water Kefir
• By Form: Organic, Conventional
• By Category: Flavored kefir, non-Flavored kefir
• By Source: Animal milk, Soy milk, Coconut milk, Other Sources
• By Distribution Channel: Supermarkets/Hypermarkets, Convenience Stores, Specialist Stores, Other Distribution Channels
The report answers the following questions:
What are the primary factors propelling the market during the projected period?
In which region is the most substantial growth expected?
Which trend will take center stage in the upcoming period?
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