Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
---|---|---|---|
USD 1531.86 Million | USD 2510 Million | 5.64% | 2023 |
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. The report offers a comprehensive analysis of the market, highlighting the factors that will determine growth, potential challenges, and opportunities that could emerge in the Kefir Market industry over the next decade.
Kefir is a natural fermented milk item comprising over fifty species of probiotic yeast & bacteria. It has been clinically proved that kefir possesses many properties & health benefits such as anti-oxidation, anti-tumor, anti-obesity, anti-hepatic steatosis, anti-allergenic, and anti-microbial features. In addition to this, anti-inflammatory, constipation lessening, and cholesterol reducing characteristics of kefir has enhanced its popularity across globe. With its outstanding gastrointestinal resistance & colonization ability as well as high microbial interaction, kefir has exhibited array of modulatory effects on host gut microdata. Kefir is a natural probiotic drink possessing health promoting bacteria and acts as matrix in proficient probiotic microorganism delivery in various products.
Beneficial features of kefir such as anti-bacterial effect, hypocholesterolaemic effect, and anti-hypertensive effect will prompt product demand. Apart from this, regular intake of kefir has been related to enhanced digestion ability and lactose tolerance resulting in huge expansion of kefir market. Additionally, kefir consumption can regulate plasma glucose and catalyzes anti-carcinogenic activities as well as enabling & facilitating anti-allergenic activity and enhancing healing effects of various products, thereby steering industry trends. Large-scale use of kefir and kefir-based products owing to its therapeutic effects has enhanced its use in health and food industries. Reportedly, a large number of clinical experiments have been carried on kefir for examining & monitoring its biological features with many of these trials demonstrating successful outcomes.
Furthermore, need for enhancing immunity of human beings and complete health of latter is likely to benefit growth of kefir market in near future. Escalating popularity of functional drinks will make notable contributions towards kefir market size over forecast period. Nonetheless, reduction in sales of product due to outbreak of COVID-19 pandemic can plummet growth of kefir industry over assessment period.
Report Attributes | Report Details |
---|---|
Report Name | Kefir Market |
Market Size in 2023 | USD 1531.86 Million |
Market Forecast in 2032 | USD 2510 Million |
Growth Rate | CAGR of 5.64% |
Number of Pages | 155 |
Key Companies Covered | The Hain Celestial Group, Inc., Danlac Canada Inc., Lifeway Foods Inc., Koninklijke DSM N.V., Döhler Group, Kerry Group, E.l du Pont de Nemours & Company, The Archer- Daniels- Midland Company, Nestle S.A., and Danone S.A. |
Segments Covered | By Application, By Type, By Flavor and By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2023 |
Historical Year | 2018 to 2022 |
Forecast Year | 2024 - 2032 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
Europe To Make Notable Contributions Towards Kefir Market Proceeds By 2032
Growth of kefir market in Europe over forecast timespan is due to surging awareness among individuals pertaining to digestive health. Apart from this, growing preference for probiotic diet & drinks will embellish industry growth in Europe. Moreover, humungous demand for nutritious & healthy snacks will propel regional market growth over assessment period. High popularity of vegan food has transformed into huge need of dairy-free kefirs in European countries, thereby fostering regional market trends.
Key players strongly impacting kefir market expansion and profiled in study are
By Application
By Type
By Flavor
By Region
FrequentlyAsked Questions
Beneficial features of kefir such as anti-bacterial effect, hypocholesterolaemic effect, and anti-hypertensive effect will prompt product demand. Apart from this, regular intake of kefir has been related to enhanced digestion ability and lactose tolerance resulting in huge expansion of kefir market. Additionally, kefir consumption can regulate plasma glucose and catalyzes anti-carcinogenic activities as well as enabling & facilitating anti-allergenic activity and enhancing healing effects of various products, thereby steering industry trends.
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.
Europe will contribute lucratively towards the global market earnings over the projected timeline. The regional market surge is subject to surging awareness among individuals pertaining to digestive health. Apart from this, growing preference for probiotic diet & drinks will embellish industry growth in Europe. Moreover, humungous demand for nutritious & healthy snacks will propel regional market growth over assessment period. High popularity of vegan food has transformed into huge need of dairy-free kefirs in European countries, thereby fostering regional market trends.
The key market participants include The Hain Celestial Group, Inc., Danlac Canada Inc., Lifeway Foods Inc., Koninklijke DSM N.V., Döhler Group, Kerry Group, E.l du Pont de Nemours & Company, The Archer- Daniels- Midland Company, Nestle S.A., and Danone S.A.
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