Kefir Global Market Report 2024 Predicts High Growth Rate And Market Size Expansion

 Kefir Market

Kefir Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033

The Business Research Company’s Early Year-End Sale! Get up to 30% off detailed market research reports—for a limited time only!

The kefir market size is expected to see strong growth in the next few years. It will grow to $2.65 billion in 2028 at a compound annual growth rate (CAGR) of 7.4%.”
— The Business Research Company

LONDON, GREATER LONDON, UNITED KINGDOM, November 28, 2024 /EINPresswire.com/ -- The Business Research Company’s Early Year-End Sale! Get up to 30% off detailed market research reports—limited time only!

How Much has the Kefir Market Grown and What are the Future Predictions?

The kefir market size has seen substantial growth in recent years. It is projected to grow from $1.86 billion in 2023 to $1.99 billion in 2024, maintaining a compound annual growth rate CAGR of 6.8%. The growth during the historic period can be associated with a rise in awareness of probiotic and fermented foods, an increased interest in gut health and digestive wellness, demand for natural and functional food products, a growth in consumer preference for dairy alternatives, and a growing adoption of health-conscious lifestyles and diets.

Gain Further In-Depth Analysis Through Our Free Sample Report: https://www.thebusinessresearchcompany.com/sample.aspx?id=6076&type=smp

What could the Kefir Market Growth Forecast look like?

The kefir market size is expected to see strong growth in the next few years. It is projected to grow to $2.65 billion in 2028 at a compound annual growth rate CAGR of 7.4%. The forecast period growth can be attributed to the expansion of online retail channels for kefir, increasing prevalence of lactose intolerance and dairy sensitivities, research on kefir's potential health benefits beyond digestive wellness, demand for convenient and ready-to-drink kefir products, and inclusion of kefir in functional food and beverage formulations.

Get The Full Report At A Discounted Price Here: https://www.thebusinessresearchcompany.com/report/kefir-global-market-report

What are the Key Market Accelerators?

The rising popularity of functional beverages will boost the Kefir market. A functional beverage is a non-alcoholic drink with beneficial ingredients such as herbs, vitamins, minerals, amino acids, additional raw fruit, vegetables, and others. Demand for nutrient-rich drinks, sugar-free products, and non-dairy products are driving the Kefir market growth. The data published by Nielsen IQ in March 2021, a US-based information services company, revealed that products fitting the requirements for a plant-based diet made up 14% of food and beverage expenditure. Hence, the growing demand for functional beverages will drive the kefir market.

Which are the Major Industry Key Players?

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.

What are the forward-looking developments in this Market?

R&D initiatives and investments are a significant trend gaining momentum in the Kefir market. As consumer demand grows for healthy snacks and beverages, companies in the kefir market are investing in R&D to produce innovative kefir products. For instance, in October 2021, a New Zealand-based producer of young coconut kefir launched a crowdfund to support the research and development of an innovative new range of kefir-fermented food and beverage products, in partnership with native Aotearoa producers.

How is the Kefir Market Segmented?

The kefir market covered in this report is segmented by several parameters:

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

What Perspectives do Regional Insights Shed?

In 2023, North America was the largest region in the kefir market. Asia-Pacific is expected to be the fastest-growing region in the kefir market share during the forecast period. The report covers these regions in detail: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

Browse more similar reports-
Grain Farming Global Market Report 2024
https://www.thebusinessresearchcompany.com/report/grain-farming-global-market-report
Grain Products Global Market Report 2024
https://www.thebusinessresearchcompany.com/report/grain-products-global-market-report
Grain Processing Equipment Global Market Report 2024
https://www.thebusinessresearchcompany.com/report/grain-processing-equipment-global-market-report


Learn More About The Business Research Company

The Business Research Company has published over 15000+ reports across 27 industries, stretching over 60+ geographies. The reports draw from 1,500,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders.

Contact us at:

The Business Research Company: https://www.thebusinessresearchcompany.com/

Americas +1 3156230293
Asia +44 2071930708
Europe +44 2071930708

Email us at info@tbrc.info

Follow us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model

Oliver Guirdham
The Business Research Company
+44 20 7193 0708
email us here
Visit us on social media:
Facebook
X
LinkedIn

Legal Disclaimer:

EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.