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Kefir Market worth $6.28 billion by 2030, growing at a CAGR of 6.36% - Exclusive Report by 360iResearch
Kefir Market | 360iResearch
The Global Kefir Market to grow from USD 4.08 billion in 2023 to USD 6.28 billion by 2030, at a CAGR of 6.36%.
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Kefir is a fermented milk beverage that has its origins in the Caucasus Mountains of Eastern Europe. It is made by vaccinating cow, goat, or sheep milk with kefir grains, which are a symbiotic culture of yeasts and bacteria. The grains resemble small cauliflower florets and are responsible for the fermentation process that occurs over approximately 24 hours at room temperature. The microorganisms present in the kefir grains metabolize the lactose in the milk, thereby producing lactic acid, alcohol, and carbon dioxide, which give kefir its distinctive tangy taste and slight effervescence. Kefir is preferred for its probiotic properties, as it contains several beneficial bacteria and yeasts that can aid digestion and improve gut health. Growing awareness about health among consumers and the rising popularity of functional foods also significantly drive the demand for kefir. However, the lack of awareness about the product's benefits in some regions potentially impedes the sale of kefir. Additionally, the short shelf life of natural kefir and competition from other probiotic and yogurt products can hinder its consumption. Opportunities for the kefir include innovation in flavors and packaging to attract consumers. Moreover, expansion into emerging economies and increasing the product's visibility through strategic marketing efforts could leverage consumer interest and grow the global kefir industry.
FPNV Positioning Matrix:
The FPNV Positioning Matrix is essential for assessing the Kefir Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).
Market Share Analysis:
The Market Share Analysis offers an insightful look at the current state of vendors in the Kefir Market. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.
Key Company Profiles:
The report delves into recent significant developments in the Kefir Market, highlighting leading vendors and their innovative profiles. These include Babushka Kefir, Biotiful Dairy Ltd., Danone S.A, DuPont de Nemours, Inc., Fresh Made Dairy, Green Valley Creamery by Redwood Hill Farm & Creamery, Inc., Krasnystaw OSM, Lifeway Foods Inc., Maple Hill Creamery, LLC, Nestlé S.A., Nourish Kefir, Redwood Hill Farm & Creamery, Inc., The Hain Celestial Group, Inc., Valio Ltd., and Yeo Valley Organic Limited.
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Market Segmentation & Coverage:
This research report categorizes the Kefir Market in order to forecast the revenues and analyze trends in each of following sub-markets:
Based on Type, market is studied across Frozen Kefir, Greek Kefir, Low Fat Content Kefir, and Organic Kefir. The Organic Kefir is projected to witness significant market share during forecast period.
Based on Flavor, market is studied across Flavored and Regular. The Flavored is projected to witness significant market share during forecast period.
Based on Application, market is studied across Dairy Products, Dietary Supplements, Pharmaceuticals, and Sauces & Dips. The Pharmaceuticals is projected to witness significant market share during forecast period.
Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Americas commanded largest market share of 38.41% in 2023, followed by Europe, Middle East & Africa.
Key Topics Covered:
1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. Kefir Market, by Type
7. Kefir Market, by Flavor
8. Kefir Market, by Application
9. Americas Kefir Market
10. Asia-Pacific Kefir Market
11. Europe, Middle East & Africa Kefir Market
12. Competitive Landscape
13. Competitive Portfolio
14. Appendix
The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments
The report answers questions such as:
1. What is the market size and forecast of the Kefir Market?
2. Which are the products/segments/applications/areas to invest in over the forecast period in the Kefir Market?
3. What is the competitive strategic window for opportunities in the Kefir Market?
4. What are the technology trends and regulatory frameworks in the Kefir Market?
5. What is the market share of the leading vendors in the Kefir Market?
6. What modes and strategic moves are considered suitable for entering the Kefir Market?
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About 360iResearch
360iResearch is a market research and business consulting company headquartered in India, with clients and focus markets spanning the globe.
We are a dynamic, nimble company that believes in carving ambitious, purposeful goals and achieving them with the backing of our greatest asset - our people.
Quick on our feet, we have our ear to the ground when it comes to market intelligence and volatility. Our market intelligence is diligent, real-time and tailored to your needs, and arms you with all the insight that empowers strategic decision-making.
Our clientele encompasses about 80% of the Fortune Global 500, and leading consulting and research companies and academic institutions that rely on our expertise in compiling data in niche markets. Our meta-insights are intelligent, impactful and infinite, and translate into actionable data that support your quest for enhanced profitability, tapping into niche markets, and exploring new revenue opportunities.
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