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Fermented Milk Market worth $295.49 billion by 2030, growing at a CAGR of 6.50% - Exclusive Report by 360iResearch
Fermented Milk Market | 360iResearch
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Fermented milk encompasses a range of dairy products produced through the fermentation of milk by beneficial bacterial cultures, comprising yogurt, kefir, buttermilk, and probiotic drinks. These products are globally consumed and often fall within the health and wellness segments of the food and beverage industry. Fermented milk involves the conversion of lactose into lactic acid by microbial cultures, resulting in enhanced digestibility, unique taste, texture, and probiotics beneficial for gut health. The rising consumer awareness of the health benefits of probiotics has driven demand, making fermented milk essential in balanced diets and functional foods. It finds applications in the food and beverage industry, including consumer goods and food service as ingredients in smoothies and desserts. In the health and wellness sector, it features in nutritional supplements and products aimed at aging populations and infant nutrition. The end-use scope includes retail channels such as supermarkets and specialty stores, hotel, restaurant, catering (HoReCa) sectors, and healthcare where probiotics-infused milk is prescribed. Key growth factors include increasing consumer inclination toward functional foods, innovations in R&D, educational marketing on health benefits, technological advancements, and favorable regulatory environments. Emerging markets with rising disposable incomes, product diversification with new flavors and health claims, and sustainable practices present potential opportunities. Challenges include lactose intolerance, taste preferences, regulatory hurdles, supply chain issues, consumer skepticism about health benefits, and competition from non-dairy and synthetic products. Areas of innovation focus on exploring novel probiotic strains, personalized nutrition through fermented products tailored to genetic or health profiles, sustainable fermentation processes, and hybrid products combining dairy and plant-based fermentation. The dynamic, consumer-driven, and health-oriented market, marked by ongoing research, consumer education, and adaptation to dietary trends, presents substantial growth potential by addressing limitations and capitalizing on strategic investments in research and targeted marketing.
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Market Segmentation & Coverage:
This research report categorizes the Fermented Milk Market in order to forecast the revenues and analyze trends in each of following sub-markets:
Based on Product, market is studied across Buttermilk, Kefir, Sour Cream, and Yogurt.
Based on Nature, market is studied across Flavored and Plain.
Based on Fat Content, market is studied across Fat-free, Full-fat, and Low-fat.
Based on Distribution Channel, market is studied across Offline and Online. The Offline is further studied across Specialty Stores and Supermarkets/Hypermarkets.
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.
Key Company Profiles:
The report delves into recent significant developments in the Fermented Milk Market, highlighting leading vendors and their innovative profiles. These include Almarai Company, Arla Foods, China Mengniu Dairy Company Limited, Chobani, LLC, Danone S.A., Emmi Group, Fonterra Co-operative Group Limited, General Mills, Inc., Grupo Lala, Gujarat Cooperative Milk Marketing Federation Ltd., Heritage Foods Limited, Lactalis Group, Longley Farm, Morinaga Milk Industry Co., Ltd., MÜLLER, Nestlé S.A., Royal FrieslandCampina N.V., Saputo Inc., Schreiber Foods, SODIAAL, The Kraft Heinz Company, Unilever PLC, Yakult Honsha Co., Ltd., and Yili Group.
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Key Topics Covered:
1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. Fermented Milk Market, by Product
7. Fermented Milk Market, by Nature
8. Fermented Milk Market, by Fat Content
9. Fermented Milk Market, by Distribution Channel
10. Americas Fermented Milk Market
11. Asia-Pacific Fermented Milk Market
12. Europe, Middle East & Africa Fermented Milk Market
13. Competitive Landscape
14. Competitive Portfolio
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