Kefir Market to account for US$ 2,258.5 Mn and Growing at a CAGR of 5.8% during forecast period 2021-2027

Research Reports

Mar 08, 2021

The global Kefir market accounted for US$ 1,374.2 Mn in 2018 and is expected to grow at a CAGR of 5.8% during the forecast period 2019 – 2027, to account for US$ 2,258.5 Mn by 2027.

Europe accounted for the largest share of the global Kefir market. The growth of the kefir market in this region is primarily attributed to a large consumer base present in the region and high awareness about the benefits of kefir among the users. Fermented milk originates from the Near East and subsequently became popular in Eastern and Central Europe. Kefir is a fermented milk drink similar to a thin yogurt that is made from kefir grains, a specific type of hemophilic symbiotic culture. Kefir was originated in the North Caucasus, Eastern Europe, and Russia, where it is prepared by inoculating cow, goat, or sheep milk with kefir grains. Unlike yogurt, it is drinkable, and the kefir grains used to culture the milk contains a wider variety of starter culture microorganism. The key players operating in the Europe kefir market are Biotiful Dairy Ltd, Hain Celestial, and Lifeway Foods, Inc., among others.

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Bakoma Sp. z o. o
Best of Farms LLC (Latta)
Biotiful Dairy Ltd
Danone S.A.
Hain Celestial
Krasnystaw OSM
Les produits de marque Liberté inc.
Lifeway Foods, Inc.
Nestle S.A.
Valio

The study conducts SWOT analysis to evaluate strengths and weaknesses of the key players in the Kefir market. Further, the report conducts an intricate examination of drivers and restraints operating in the market. The report also evaluates the trends observed in the parent market, along with the macro-economic indicators, prevailing factors, and market appeal with regard to different segments. The report predicts the influence of different industry aspects on the Kefir market segments and regions.

The research on the Kefir market focuses on mining out valuable data on investment pockets, growth opportunities, and major market vendors to help clients understand their competitor’s methodologies. The research also segments the Kefir market on the basis of end user, product type, application, and demography for the forecast period 2020–2027. Comprehensive analysis of critical aspects such as impacting factors and competitive landscape are showcased with the help of vital resources, such as charts, tables, and infographics.

A surge in demand for fermented dairy beverages is expected to boost the demand for kefir

Fermented dairy products are now also available in different flavors and added nutrition, and thus, people consider it to be healthier than yogurt. Moreover, the consumers in developed countries and developing countries such as the US, Canada, Germany, France, the UK, and China increasingly prefer fermented dairy drinks over other commercially available soft drinks. Fermented dairy beverages are beneficial for digestion and gut health, which is mainly attributed to their high nutrient and probiotics contents. Bioactive components, higher and nutritional value, are the factors propelling the demand for fermented dairy beverages. Digestive wellness associated with the consumption of fermented dairy beverages is another primary factor driving the sales of fermented dairy beverages. Over the past few years, consumers have become more aware of the correlation between diet and health, which is likely to boost the kefir market.

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Major Features of Kefir Market Report:

Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global Kefir market.
Highlights key business priorities in order to assist companies to realign their business strategies.
The key findings and recommendations highlight crucial progressive industry trends in the global Kefir market, thereby allowing players across the value chain to develop effective long-term strategies.
Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution.

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