MarkNtel Advisors, a leading market research firm, has showed its latest study titled "Kefir Market", offering a detailed industry overview and market perspective. This comprehensive research provides insights into the current state of the market, highlighting recent advancements and emerging trends.
The report combines in-depth quantitative analysis with qualitative analysis; it ranges from macro-overviews of the overall market size, industry chain, and market dynamics to micro details of segment markets. This, as a result, provides a thorough overview of the industry under study as well as a profound understanding of all of its important features.
Analysis and Insights into the Kefir Market: 2024-2030
The Global Kefir Market size was valued at USD 2.03 billion in 2023 is expected to reach USD 3.45 billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 6.15% during the forecast period, i.e., 2024-30.
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What are the primary factors driving the growth of the Kefir market?
Global Kefir Market Driver: Rising Demand for Nutritional Functional Beverages
The growing popularity of nutritional and functional beverages is profoundly contributing to market growth, as consumers increasingly seek nutritional benefits from their beverage choices. Awareness about reducing health risks such as improved digestion, enhanced immunity, and better overall well-being through nutrient-enriched drinks is significantly boosting kefir drinks demand.
In addition, the demand for water-based and non-dairy kefir options is rising, catering to their specific dietary preferences. Thus, playing a crucial role in propelling sales of functional kefir. Companies are responding by innovating and expanding their product lines to include a variety of nutritional functional kefir options made from sources like almonds, oats, and coconuts. These products appeal to the global population, broadening the consumer base. Consequently, the continuous introduction of novel flavors and formulations in functional beverages keeps consumer interest high and drives sales, thus contributing to sustained market growth.
Kefir Market Segmentation:
The Kefir market is categorized in to different segments. Analyzing growth across these segments enables a comprehensive understanding of key growth areas within the industry. This segmentation provides valuable market insights, empowering stakeholders to make strategic decisions and identify primary market applications effectively.
By Form
-Organic Kefir
-Conventional Kefir
- The Organic category is expected to hold a major share of the Kefir Market, backed by the robust popularity of organic products.
By Product Type
-Milk Kefir
--Dairy-based
--Non-dairy-based (Coconut Kefir, Flax Kefir, etc.)
-Water Kefir
By Flavor
-Flavored Kefir
-Non-flavored/Regular Kefir
By Sales Channel
-Online Retail Stores
-Offline Retail Stores
--Supermarkets/Hypermarkets
--Convenience Stores
--Specialty Stores
Geographical Analysis into the Kefir Market:
- North America: US, Canada, Mexico
- Europe: Germany, The UK, France, Spain, Italy, Rest of Europe
- Asia-Pacific: China, India, Japan, South Korea, Australia, Rest of Asia-Pacific
- South America: Brazil, Argentina, Rest of South America
- Middle East Africa: UAE, Saudi Arabia, South Africa, Rest of MEA
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Competitive Landscape and Kefir Market Share Analysis:
The competitive landscape of the Kefir market includes comprehensive details about competitors. These details encompass company overviews, financial performance, revenue generation, market potential, investments in research and development, new market strategies, production facilities, strengths and weaknesses, product launches, ongoing trials, approvals, patents, product range, dominant applications, and technology life cycle.
The report features major players including:
Lifeway Foods, Inc., The Hain Celestial Group, Inc. (The Greek Gods), Nestlé S.A, Danone S.A, Green Valley Creamery, Maple Hill Creamery, LLC, Emmi AG (Redwood Hill Farm Creamery), Biotiful Gut Health, Evolve Kefir, Babushka Kefir, Fresh Made Dairy, Liberte Les Produits De Marque Inc., Valio Ltd., Nourish Kefir, Courtyard Farms and Others
Market research studies from MarkNtel Advisors are offered in PDF, Excel and PowerPoint formats. Within 24 hours of the payment being successfully received, the report will be sent to your email address.
Questions Addressed in this Study
- What factors are driving the Kefir Market growth?
- How is the Kefir Market expected to grow over the next five years?
- What are the key insights into the current trends in the Kefir Market?
- What is the current size of the Kefir Market, and how is it projected to change in the future?
- What is the future outlook for the Kefir Market in terms of technological advancements and market expansion?
Why choose MarkNtel?
MarkNtel Advisors is a leading market research company, consulting, data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial varied client base, including multinational corporations, financial institutions, governments, individuals, among others.
Our specialization in niche industries emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing forecasting, trend analysis, among others, for 14.8 diverse industrial verticals.
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