AP NEWS
ADVERTISEMENT
Press release content from Business Wire. The AP news staff was not involved in its creation.
PRESS RELEASE: Paid content from Business Wire
Press release content from Business Wire. The AP news staff was not involved in its creation.

$2.05 Billion Kefir Markets - Global Forecasts from 2020 to 2025 - ResearchAndMarkets.com

December 24, 2020 GMT

DUBLIN--(BUSINESS WIRE)--Dec 24, 2020--

The “Kefir Market - Forecasts from 2020 to 2025” report has been added to ResearchAndMarkets.com’s offering.

The kefir market is expected to grow at a compound annual growth rate of 6.12% over the forecast period to reach a market size of US$2.053 billion in 2025 from US$1.437 billion in 2019.

ADVERTISEMENT

The global recognition of the importance of digestive health and the surge in consumption intended to facilitate immunity enhancement after COVID 19 are expected propel the kefir market growth.

The growing population and rural to urban migration are at the forefront which is estimated to drive the aforesaid. In view of the above, the effectuation of swift adoption of new lifestyle trends that are expected to drive the demand for healthy consumption is expected to occur during the next few years. This would partly stem from the increasing availability of disposable income which would ensure the facilitation of transitioning from the traditional way of living to lifestyles that are common among urban dwellers.

The effects of rapid urbanization also invariably would lead to the obtaining of better and higher education by a relatively larger chunk of the population which automatically would result in the capacity of high-income generation as well as a conscientious investment in integration of nutritious food in everyday diet. This will lead to consumption of food and beverage products that are fortified leading to a surge in the new product development in the food and beverage industry among others.

Further, the growing inclination towards fortified beverages which not only supplements any nutritional deficiency in diets but also aid in digestive health enhancement and bolster immunity and the steadily growing base of consumers who are increasingly preferring vegan and organic products are expected to facilitate a robust kefir market growth during the forecast period. Moreover, there has been a growing awareness of the benefits of consuming fermented products which have resulted in a surge in fermented beverage consumption.

The promise that the ferment market holds to effectuate new product development in the kefir market space is also conclusively substantiated by the estimates of the author which has forecasted the fermented drinks market is projected to grow at a compound annual growth rate of 24.19% over the same forecast period to attain a market size of US$3,799.830 million in 2025 from the estimates of 2018 which is in the order of US$1,305.525 million.

ADVERTISEMENT

Thus, the growing trend of fermented drinks as one of the most commonly consumed beverages around the world is expected catapult the kefir market growth to a new echelon during the forecast period. To this end, it is pertinent to note that over the past few years with the gradual improvements in fermenting techniques along with the increased investments in research and development of other processing technologies and their subsequent implementation, the growing demand for fermented beverages have been prioritized by various players as well as has made way for market disruptors which have increased the competitiveness of the kefir market.

This has also enabled the food and beverage industry to successfully respond to the consumer sentiments which is increasingly geared towards all-natural food and beverage products and continue to do so. Moreover, regional strategies like that of The Farm to Fork Strategy which is at the core of the European Green Deal that is aimed to make food systems environmentally-friendly, fair, and healthy are also, in part, is poised to positively influence the growth of the kefir market around the world.

Key Topics Covered:

1. Introduction

1.1. Market Definition

1.2. Market Segmentation

2. Research Methodology

2.1. Research Data

2.2. Assumptions

3. Executive Summary

3.1. Research Highlights

4. Market Dynamics

4.1. Market Drivers

4.2. Market Restraints

4.3. Porters Five Forces Analysis

4.4. Industry Value Chain Analysis

5. Kefir Market Analysis, by Nature

5.1. Introduction

5.2. Conventional

5.3. Organic

6. Kefir Market Analysis, by Type

6.1. Introduction

6.2. Dairy-Based

6.3. Nondairy-Based

7. Kefir Market Analysis, by Application

7.1. Introduction

7.2. Food and Beverage

7.3. Pharmaceuticals

7.4. Nutraceuticals

7.5. Others

8. Kefir Market Analysis, by Distribution Channel

8.1. Introduction

8.2. Offline

8.3. Online

9. Kefir Market Analysis, by Geography

10. Competitive Environment and Analysis

10.1. Major Players and Strategy Analysis

10.2. Emerging Players and Market Lucrativeness

10.3. Mergers, Acquisitions, Agreements, and Collaborations

10.4. Vendor Competitiveness Matrix

11. Company Profiles

11.1. Agua De Madre

11.2. Biotiful Dairy

11.3. Biozen

11.4. Coyo Pty Ltd.

11.5. Good Culture, LLC

11.6. Gt’S Living Foods

11.7. Kefir Culture

11.8. Kevita.Com (Pepsico)

11.9. Lifeway Foods, Inc.

11.10. Odysea Ltd

For more information about this report visit https://www.researchandmarkets.com/r/2a1x7b

View source version on businesswire.com:https://www.businesswire.com/news/home/20201224005067/en/

CONTACT: ResearchAndMarkets.com

Laura Wood, Senior Press Manager

press@researchandmarkets.com

For E.S.T Office Hours Call 1-917-300-0470

For U.S./CAN Toll Free Call 1-800-526-8630

For GMT Office Hours Call +353-1-416-8900

KEYWORD:

INDUSTRY KEYWORD: FOOD/BEVERAGE RETAIL

SOURCE: Research and Markets

Copyright Business Wire 2020.

PUB: 12/24/2020 04:49 AM/DISC: 12/24/2020 04:49 AM

http://www.businesswire.com/news/home/20201224005067/en