Press release
Kefir Market Pegged for Robust Expansion During 2024 - 2031 | Groupe Danone, Lifeway Foods Inc., Hain Celestial Group
Kefir Market
Global kefir market was valued at US$ 1482.05 Million in 2021 in terms of revenue, exhibiting a CAGR of 5.84 % during the forecast period (2022 to 2030).
Market Dynamics:
The kefir market is witnessing high growth owing to rising health benefits of kefir. Kefir is a good source of probiotics that support gastrointestinal and immune health. Regular consumption of kefir helps boost nutrient absorption and natural detoxification. Furthermore, kefir is easily digestible and better alternative to people suffering from lactose intolerance. The market is also driven by increasing consumer preference for probiotic-rich and plant-based dairy products. Kefir offers balanced nutrients and acts as substitute for yogurt and buttermilk. Rising health consciousness among people has propelled the demand for kefir globally.
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Major Health Benefits of Kefir is Driving Increased Demand
Kefir is gaining significant popularity worldwide due to its various health benefits. Consumers are increasingly becoming aware of kefir's probiotic properties that support digestive health and immunity. Regular consumption of kefir has been associated with relief from irritable bowel syndrome, prevention of lactose intolerance, and promotion of bone health. Its unique blend of probiotic cultures and enzymes also helps maintain a balanced gut microbiome. Research shows probiotics in kefir may reduce the risk of infections, allergies, and various cancers. The awareness of these evidence-based advantages is a key driver behind kefir's rising demand globally.
Rising Consumer Preference for Natural and Organic Products
Consumers today are more focused on achieving holistic wellness through their diet and lifestyle. There is a growing preference for natural, organic and minimally processed foods that are gentle on the digestive system. Kefir perfectly fits this trend since it contains live active cultures but has a very short ingredient list with minimal processing. The natural probiotics in kefir offer digestive support without the use of any artificial preservatives, colors or sweeteners. This clean label and natural positioning is appealing greatly to health-conscious buyers, thereby boosting the market for kefir.
Opportunity to Expand into Different Formats and Applications
Currently the kefir market is dominated by drinkable variations available in bottles or pouches. However, there is significant untapped potential to introduce kefir in different formats for easier consumption. Product innovation could focus on developingthick and spoonable Greek yogurt-style kefir, frozen kefir bars, kefir creams and spreads. These formats will help increase the usage of kefir beyond the beverage category. There is also scope to utilize kefir cultures and add value through innovative applications in bakery, desserts and culinary products. Novel formats and applications can help attract newer audiences and aid stronger market expansion globally.
Rising Demand for Plant-Based and Dairy-Free Options
There is a strongly emerging global trend where people are consciously reducing or eliminating dairy from their diets. Reasons may range from lactose intolerance, vegan beliefs or general health concerns. This has created demand for plant-based dairy alternatives and more options without milk ingredients. Currently, most kefir available commercially is made from cow's milk. However, the market is increasingly shifting towards non-dairy varieties made from plant milks like coconut, almonds or soy. Companies are innovating with new formulations to cater to this fast-growing consumer segment interested in vegan and dairy-free products. The demand for innovative plant-based kefirs is expected to rise significantly in the coming years.
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Top Companies Featured in This Report:
★ Groupe Danone
★ Lifeway Foods Inc.
★ Hain Celestial Group
★ Fresh Made Inc.
Market Segmentation:
By Product Type:
★ By Composition: Milk and Water
★ By Product Type: Organic Kefir, Greek Kefir, Low Fat Kefir, Frozen Kefir
By Applications:
★ By Application: Dips, Sauces & Dressings, Cosmetics & Toiletries, Dairy Products, Dietary Supplements, and Others
Key Regions/Countries Classified as Follows:
» North America (U.S., Canada, Mexico)
» Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
» Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)
» South America (Brazil, Argentina, Rest of SA)
» Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)
Key Insights from the Global Kefir Market Analysis:
Market Size Evaluation: Assessing the value and sales volume of the Kefir market spanning from 2024 to 2031.
Market Trends and Dynamics: Analyzing the drivers, opportunities, challenges, and risks influencing the Kefir market.
Macro-economic and Regional Impacts: Exploring how global inflation and geopolitical events affect the Kefir market.
Segment Analysis: Examining the market value and sales volume of Kefir by type and application from 2024 to 2031.
Regional Market Overview: Assessing the current situations and future prospects of the Kefir market in different regions.
Country-level Studies: Providing insights into revenue and sales volume for major countries within each region.
The report also delves into the competitive landscape, key players, trade patterns, industry value chain, recent news, policies, and regulations. Should you have any inquiries or require customization options, please don't hesitate to contact us.
In summary, whether you're engaged in manufacturing, distribution, or investment within the Kefir sector, this report furnishes invaluable insights into market segments, drivers, challenges, investment prospects, regional dynamics, major players, growth strategies, prevailing trends, and hurdles influencing the industry's expansion.
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Author Bio:
Vaagisha brings over three years of expertise as a content editor in the market research domain. Originally a creative writer, she discovered her passion for editing, combining her flair for writing with a meticulous eye for detail. Her ability to craft and refine compelling content makes her an invaluable asset in delivering polished and engaging write-ups.
(LinkedIn: https://www.linkedin.com/in/vaagisha-singh-8080b91)
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