FEATURED COMPANIES
- Biotiful Dairy Ltd
- Danone
- Fresh Made Dairy
- Lifeway Foods Inc.
- Maple Hill Creamery LLC.
- Nestlé S.A.
The global kefir market size was valued at $1,627.8 million in 2020, and is projected to reach $2,475.4 million by 2028, registering a CAGR of 6.4% from 2021 to 2028.
The increase in the product offering is witnessed in the kefir market, the manufacturers are introducing varieties of the kefir products such as kefir milk, kefir yogurt, kefir butter, kefir smoothie and kefir cheese. Also, the wide range of flavor in kefir products such as blueberry kefir drink, chocolate kefir drink and fruity flavored kefir drinks. Furthermore, the increase of unhealthy lifestyle and busy schedule is affecting the health of the customers which leads to increase in demand for healthy dietary supplement and organic products. As the dietary supplement and organic products promotes good health. In the dietary supplement and organic eatable the kefir products plays a vital role in this segments. As there is an increase in traction of kefir products among the customers. This attributes to the fact that, the kefir products are rich in nutrients such as protein, vitamin, probiotics, anti-oxidant properties, amino acids, healthy enzymes and low fat kefir.
North America and Europe are one of the largest contributor to the global kefir market growth. This growth primarily attributes to the large number of manufacturers and increasing awareness about the kefir products and its nutritional values. The large number of manufacturers in market leads to the rise in competition among the manufacturers. To remain competition and maintain foothold in the market, the manufacturers tries to extent its product offering with an affordable price. The increase in product offerings at an affordable price provide customers a wide variety of products at an affordable price. Thus, due to these factors the kefir industries are rising in the North America and Europe.
However, the kefir market is untapped in some areas such as Asia-Pacific. This is because in the untapped market, the number of manufacturers are less and the awareness of the products is fewer among the customers. This implies that, the kefir manufacturers has a great opportunity in the untapped market. As with less or no number of competitor it becomes easier to introduce and expand the business in the untapped market. Also, the only manufacturer in the market allows the firm to be the price maker. This implies, that the manufacturer can launch the products with the desired price without bothering about the competitors.
According to the global kefir market analysis, market is segmented by nature, product type, application, source and region. On the basis of nature, the market is categorized into organic and conventional. By product type, it is segregated into flavored and unflavored. Based on application, market is divided into foods & beverages and pharmaceutical. By source, market is fragmented into animal milk, soy milk, coconut milk and others. Region wise, it is analyzed across North America (the U.S., Canada, and Mexico), Europe (UK, Germany, France, Italy, Russia and Rest of Europe), Asia-Pacific (China, India, Japan, Australia, South Korea and Rest of Asia-Pacific), and LAMEA (Latin America, the Middle East and Africa)
The major players operating in the market are Biotiful Dairy Ltd, Danone, Fresh Made Dairy, Lifeway Foods, Inc., Maple Hill Creamery, LLC., Nestlé S.A., Nourish Kefir, Redwood Hill Farm & Creamery, Springfield Creamery, Inc. and Yeo Valley.
The increase in the product offering is witnessed in the kefir market, the manufacturers are introducing varieties of the kefir products such as kefir milk, kefir yogurt, kefir butter, kefir smoothie and kefir cheese. Also, the wide range of flavor in kefir products such as blueberry kefir drink, chocolate kefir drink and fruity flavored kefir drinks. Furthermore, the increase of unhealthy lifestyle and busy schedule is affecting the health of the customers which leads to increase in demand for healthy dietary supplement and organic products. As the dietary supplement and organic products promotes good health. In the dietary supplement and organic eatable the kefir products plays a vital role in this segments. As there is an increase in traction of kefir products among the customers. This attributes to the fact that, the kefir products are rich in nutrients such as protein, vitamin, probiotics, anti-oxidant properties, amino acids, healthy enzymes and low fat kefir.
North America and Europe are one of the largest contributor to the global kefir market growth. This growth primarily attributes to the large number of manufacturers and increasing awareness about the kefir products and its nutritional values. The large number of manufacturers in market leads to the rise in competition among the manufacturers. To remain competition and maintain foothold in the market, the manufacturers tries to extent its product offering with an affordable price. The increase in product offerings at an affordable price provide customers a wide variety of products at an affordable price. Thus, due to these factors the kefir industries are rising in the North America and Europe.
However, the kefir market is untapped in some areas such as Asia-Pacific. This is because in the untapped market, the number of manufacturers are less and the awareness of the products is fewer among the customers. This implies that, the kefir manufacturers has a great opportunity in the untapped market. As with less or no number of competitor it becomes easier to introduce and expand the business in the untapped market. Also, the only manufacturer in the market allows the firm to be the price maker. This implies, that the manufacturer can launch the products with the desired price without bothering about the competitors.
According to the global kefir market analysis, market is segmented by nature, product type, application, source and region. On the basis of nature, the market is categorized into organic and conventional. By product type, it is segregated into flavored and unflavored. Based on application, market is divided into foods & beverages and pharmaceutical. By source, market is fragmented into animal milk, soy milk, coconut milk and others. Region wise, it is analyzed across North America (the U.S., Canada, and Mexico), Europe (UK, Germany, France, Italy, Russia and Rest of Europe), Asia-Pacific (China, India, Japan, Australia, South Korea and Rest of Asia-Pacific), and LAMEA (Latin America, the Middle East and Africa)
The major players operating in the market are Biotiful Dairy Ltd, Danone, Fresh Made Dairy, Lifeway Foods, Inc., Maple Hill Creamery, LLC., Nestlé S.A., Nourish Kefir, Redwood Hill Farm & Creamery, Springfield Creamery, Inc. and Yeo Valley.
KEY BENEFITS FOR STAKEHOLDERS
- The study provides an in-depth analysis of the global kefir market opportunities, with current and future kefir market trends to elucidate the imminent investment pockets in the market.
- The report provides information regarding drivers, restraints, and opportunities with impact analysis.
- A quantitative analysis from 2020 to 2028 is provided to showcase the financial competency of the market.
- Porter’s five forces model of the industry illustrates competitiveness of the market by analyzing various parameters such as threat of new entrants, threat of substitutes, bargaining power of the buyers, and bargaining power of the suppliers operating in the market.
- Value chain analysis in the report provides a clear understanding of the roles of stakeholders involved in the value chain.
- Competitive intelligence highlights business practices followed by leading market players across various regions.
KEY MARKET SEGMENTS
By nature:
- Organic
- Conventional
By product type:
- Flavored
- Unflavored
By application:
- Foods and beverages
- Pharmaceutical
By source:
- Animal milk
- Soy milk
- Coconut milk
- others
By Region:
- North America
- Europe
- Asia-Pacific
- LAMEA
Frequently Asked Questions about the Global Kefir Market
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Note: Product cover images may vary from those shown
FEATURED COMPANIES
- Biotiful Dairy Ltd
- Danone
- Fresh Made Dairy
- Lifeway Foods Inc.
- Maple Hill Creamery LLC.
- Nestlé S.A.
CHAPTER 1: INTRODUCTION
CHAPTER 2: EXECUTIVE SUMMARY
CHAPTER 3: MARKET OVERVIEW
CHAPTER 4: KEFIR MARKET, BY NATURE
CHAPTER 5: KEFIR MARKET, BY PRODUCT TYPE
CHAPTER 6: KEFIR MARKET, BY APPLICATION
CHAPTER 7: KEFIR MARKET, BY SOURCE
CHAPTER 8: GLOBAL METAL FURNITURE MARKET, BY REGION
CHAPTER 9: COMPETITION LANDSCAPE
CHAPTER 10: COMPANY PROFILES
LIST OF TABLES
LIST OF FIGURES
Note: Product cover images may vary from those shown
- Biotiful Dairy Ltd
- Danone
- Fresh Made Dairy
- Lifeway Foods Inc.
- Maple Hill Creamery LLC.
- Nestlé S.A.
- Nourish Kefir
- Redwood Hill Farm & Creamery
- Springfield Creamery Inc.
- Yeo Valley.
Note: Product cover images may vary from those shown
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
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