Press release
Kefir Market is Projected to Achieve a Valuation of Almost US$ 4.36 Billion by the year 2032.
Kefir Market Overview:In 2022, the Kefir Market Size was estimated at 2.5 billion USD. During the projection period (2023 - 2032), the Kefir market industry is anticipated to expand from USD 2.66 billion in 2023 to USD 4.36 billion, at a compound yearly growth rate (CAGR) of 6.40%. The main major factors boosting market expansion include rising demand for probiotic beverages and high demand for fermented dairy products.
Due to the growing demand for functional beverages that assist on-the-go nutrition, the market is growing. A healthy gut flora can be developed with the help of this probiotic beverage. The market is growing as a result of the increased demand for beverages that are nutrient-rich to reduce the risk of contracting particular health problems.
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Since kefir contains almost no lactose, it is increasingly in demand as the market for products without lactose expands. Because of the rise in popularity of non-dairy beverages and the consequent rise in demand from vegan consumers, the manufacturing of non-dairy or water-based kefir products has benefited. As a result, this element is fueling the market CAGR.
Fermented dairy beverages have recently gained popularity due to their health advantages. The market is growing as demand for dairy protein to improve overall health rises. Food and Beverage Insider magazine projects that by the end of 2020, sales of clean-label food products will surpass USD 180 billion. Fermented foods are seen to be "better for you," maintaining a balanced gut flora, according to consumers.
A excellent probiotic food is kefir, a beverage produced from fermented kefir grains and milk. It contains considerable amounts of vitamins and minerals and is one of the main sources of protein. It is also a great source of vitamin K, calcium, vitamin B12, biotin, enzymes, vitamin B9, and other elements necessary for a healthy body.
Key Companies in the Kefir market include
Fresh Made Dairy
Lifeway Foods Inc.
Nestle SA
The Hain Celestial Group Inc.
Danone S.A.
Segmentations:
Milk Kefir and Water Kefir are two types of Kefir that are included in the market segmentation. With 35% of the market's total income coming from this, the milk kefir category led the market.
Store-based and non-store-based distribution channels are included in the market segmentation for kefir. The store-based category of these brought in the greatest money.
The Kefir industry has been divided into Flavoured and Non-Flavored Kefir based on Category. In 2022, flavoured kefir had the highest sector share of all of them.
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Regional Analysis:
The analysis offers market information for North America, Europe, Asia-Pacific, and the rest of the world, organised by region. In 2022, the North American Kefir market had a value of USD 1.145 billion, and throughout the research period, it is anticipated to increase at a high CAGR. The future of the company is being shaped by the growing USA Kefer market. One of the key driving forces behind development is the popularity of Kefir made from plants. Similar to kefir created from dairy, plant-based milk products like soy, almond, or coconut can also be converted into kefir. It is a suitable alternative for those who are lactose intolerant because it is lactose-free and lower in calories and fat than dairy-based Kefir. Probiotics' rising popularity is another element driving the US Kefer industry's expansion. Probiotics, also referred to as live bacteria, are beneficial for intestinal health.
Discover More Research Reports on Food, Beverages & Nutrition Industry by Market Research Future:
Milk Protein Market- https://www.marketresearchfuture.com/reports/milk-protein-market-2322
Organic Milk Protein Market- https://www.marketresearchfuture.com/reports/organic-milk-protein-market-2616
Almond Milk Market- https://www.marketresearchfuture.com/reports/almond-milk-market-2872
Fermented Milk Products Market- https://www.marketresearchfuture.com/reports/fermented-milk-market-4581
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