28-Nov-2024 | Zion Market Research
According to Zion Market Research, the global Kefir Market was worth USD 1531.86 Million in 2023. The market is forecast to reach USD 2510 Million by 2032, growing at a compound annual growth rate (CAGR) of 5.64% during the forecast period 2024-2032.
Furthermore, expansion of kefir market over forecast timespan can be credited to rise in awareness among both product manufacturers & end-users pertaining to probiotic beverages improving digestion in humans. Apparently, rise in significance of gut microbiota in enhancing body immunity will benefit growth of kefir industry. Rise in demand for functional drinks and need for enhancing nutritive value of diet will create new growth prospects for kefir industry in upcoming years. Massive intake of new fermented milk products which is available in different flavors will impel business trends. In addition to this, humungous demand for lactose-free food products will embellish market growth.
Organic Kefir To Dominate Type Segment Over 2023-2032
Growth of organic kefir segment over forecast timespan is subject to awareness about benefits due to intake of organic kefir among consumers. Moreover, organic kefir is lactose-free & gluten-free and includes non-GMO constituents.
Europe To Make Lucrative Contributions Towards Overall Market Size By 2032
Expansion of regional market over assessment period is owing to surge in demand for probiotic diet & drinks in continent. In addition to this, escalating popularity of vegan diet in countries such as Germany, Italy, Norway, Switzerland, Estonia, and the UK will prompt regional market growth. Rise in demand for on-the-go nutritive diet and healthy snacks will culminate into humungous market surge in Europe over forecasting period.
Key players strongly influencing market growth and included in report are Döhler Group, Nestle S.A., The Archer- Daniels- Midland Company, The Hain Celestial Group, Inc., Kerry Group, Danlac Canada Inc., E.l du Pont de Nemours & Company, Lifeway Foods Inc., Koninklijke DSM N.V., and Danone S.A.
Browse the full “Kefir Market- By Application (Dips & Dressings, Cosmetics, Dairy Products, Dietary Supplements, And Drinks & Smoothies), By Flavor (Regular And Flavored), And By Type (Organic Kefir, Greek Kefir, Frozen Kefir, And Low Fat Kefir): Global Industry Perspective, Comprehensive Analysis And Forecast, 2023 – 2032.” Report at https://www.zionmarketresearch.com/report/kefir-market
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