With a focus on usability, this report equips professionals with the latest industry insights to stay ahead in the competitive kefir market.
What Is The Expected CAGR For The Kefir Market Through 2025?
The kefir market size has grown strongly in recent years. It will grow from $2.49 billion in 2024 to $2.62 billion in 2025 at a compound annual growth rate (CAGR) of 5.2%. The growth in the historic period can be attributed to rise in awareness of probiotic and fermented foods, growth in interest in gut health and digestive wellness, demand for natural and functional food products, increased consumer preference for dairy alternatives, adoption of health-conscious lifestyles and diets.
The kefir market size is expected to see strong growth in the next few years. It will grow to " $3.26 billion in 2029 at a compound annual growth rate (CAGR) of 5.7%. The growth in the forecast period can be attributed to expansion of online retail channels for kefir, rising prevalence of lactose intolerance and dairy sensitivities, research on kefir's potential health benefits beyond digestive health, demand for convenient and ready-to-drink kefir products, inclusion of kefir in functional food and beverage formulations. Major trends in the forecast period include plant-based and non-dairy kefir, flavor innovation and blends, diy kefir kits and home fermentation, packaging innovations for extended shelf life, kefir-infused snacks and beverages.
Get your free sample today:
Which Key Factors Will Influence Kefir Market Growth Over 2025-2034?
The growing popularity of functional beverages will propel the Kefir market. A functional beverage is a non-alcoholic drink that contains ingredients such as herbs, vitamins, minerals, amino acids, additional raw fruit or vegetables, and others. The demand for nutrient-rich drinks, sugar-free products, and non-dairy products lead to the Kefir market growth. For instance, in March 2024, according to data released by Circana LLC, a US-based media company, the overall sports drinks sales reached $4.89 billion, reflecting a 9.4% increase for the 52 weeks ending December 2023. Therefore, the rising demand for functional beverages will drive the kefir market.
Comprehensive Segment-Wise Insights Into The Kefir Market
The kefirmarket covered in this report is segmented –
1) By Type: Milk Kefir, Water Kefir
2) By Form: Organic, Conventional
3) By Category: Flavored kefir, Non-Flavored kefir
4) By Source: Animal milk, Soy milk, Coconut milk, Other Sources
5) By Distribution Channel: Supermarkets/Hypermarkets, Convenience Stores, Specialist Stores, Other Distribution Channels
Subsegments:
1) By Milk Kefir: Whole Milk Kefir, Low-Fat Milk Kefir, Flavored Milk Kefir
2) By Water Kefir: Original Water Kefir, Flavored Water Kefir, Sparkling Water Kefir
What Are The Prominent Trends In The Kefir Market?
Major companies operating the kefir market are focusing on developing innovations, such as drinkable and spoonable formats, to have a smooth texture and a mild taste. Drinkable kefir refers to the liquid form meant for direct consumption, while spoonable kefir is thicker and often consumed with a spoon, similar to yogurt. For instance, in September 2024, Activia, an India-based company that operates in the fast-paced consumer goods sector, launched a new range of spoonable and drinkable kefir to enhance gut health. A new kefir range offers both drinkable and spoonable options for gut health. Available in Natural and Strawberry & Raspberry flavors, it features 16 live culture strains to promote digestive wellness. The kefir is enriched with calcium and crafted for a smooth texture and mild taste. It aims to provide an accessible and enjoyable gut health experience.
Analysis Of Key Players In Kefir Market
Major companies operating in the kefir market include Danone SA, Lifeway Foods Inc., Nestle SA, Fresh Made, Maple Hill Creamery LLC, The Hain Celestial Group Inc., Green Valley Organics, Wallaby Yogurt Company, Biotiful Dairy Ltd., Redwood Hill Farm & Creamery Inc., Babushka Kefir, Greek Gods Yogurt, GO-KEFIR, Nancy's Probiotic Foods, Yofix Probiotics Ltd., Grace Harbor Farms, Forager Project LLC, Rumba Kefir, Organic Meadow Limited Partnership, Oak Knoll Dairy, Oy Elopak Ab, Latta Buildtech Private Ltd., Güvenç A.S, Kri Kri Milk Industry SA, New Age Farm Inc., One Straw Farm, Lifeway Foods Canada Inc., Granarolo S.p.A, Good Karma Foods Inc., The Icelandic Milk and Skyr Corporation, Green Mountain Creamery LLC
View the full kefir market report here:
What Are The Key Regional Trends In The Kefir Market?
North America was the largest region in the kefir market in 2024. Asia-Pacific is expected to be the fastest-growing region in the kefir market share during the forecast period. The regions covered in the kefir market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Contact Us:
The Business Research Company
Americas +1 310-496-7795
Asia +44 7882 955267 & +91 8897263534
Europe +44 7882 955267
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Comments
Post a Comment