Kefir Products Market | Discover Top Trends and Drivers
Market Growth and Forecasts for 2021-2025
The kefir products market and it is expected to grow by $ 456.07 million, accelerating at a CAGR of almost 5.60% during the forecast period. The growth trajectory of the market is traced through a detailed analysis of the prevalent market forces, trends, and drivers to enable growth projections and insights. This analytical examination of the market will enable businesses to plan and set the path for future growth prospects.
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Kefir Products Market: Market Segments and Key Trends
This report provides a detailed analysis of the market by Product (Greek-style, Low-fat, Frozen, and Others) and Geography (Europe, North America, APAC, South America, and MEA). 43% of the market growth will originate from Europe during the forecast period. Russian Federation, Germany, and France are the key markets for kefir products in Europe. However, the market growth rate in Europe will be slower than the growth of the market in other regions.
Rising health consciousness and product portfolio expansions by the vendors will facilitate the kefir products market growth in Europe over the forecast period. Kefir has gained popularity very recently owing to its nutritional benefits and for its slightly tangy and creamy taste. Kefir contains beneficial bacteria and yeast, is also rich in calcium; magnesium; vitamins B2, B12, A, D, and K; phosphorus; minerals; amino acids; and enzymes. Kefir products are available in a variety of options such as kefir milk, kefir smoothie, kefir probiotic drink, kefir yogurt and organic kefir drinks. This research report provides a detailed analysis of all the segments, key trends, and challenges that are likely to influence growth.
Kefir Products Market: Leading Factors to Drive Market Growth
Rise in the popularity of kefir is one of the primary factors driving the growth of the kefir products market. Growing incidences of food allergies, including gluten intolerances, have spurred the demand for gluten-free food products. This is expected to contribute significantly to the market growth of the global kefir products market. The report provides a detailed study of all the factors that are likely to boost the market. An understanding of the key drivers will enable clients to leverage growth opportunities to their advantage with a view to short-term and long-term business goals.
Vendor Analysis: Babushka Kefir, Carr Foods Ltd. and Danone SA are key growth contributors
The market is fragmented. The research report provides insights into the top market player and their product portfolio along with pipeline analysis of upcoming developments and growth opportunities. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. Babushka Kefir, Carr Foods Ltd., Danone SA, DuPont de Nemours Inc., General Mills Inc., Koninklijke DSM NV, Krasnystaw OSM, Lifeway Foods Inc., Nestle SA, and The Hain Celestial Group Inc. are some of the major market participants.
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Kefir Products Market: Key Highlights of the Report for 2021-2025
The report provides insights into the following FAQs: