The global Kefir Market accrued earnings worth approximately 2.1 (USD Billion) in 2020 and is predicted to gain revenue of about 3.2(USD Billion) by 2028, is set to record a CAGR of nearly 5.5% over the period from 2021 to 2028.
The global Kefir Market accrued earnings worth approximately 2.1 (USD Billion) in 2020 and is predicted to gain revenue of about 3.2(USD Billion) by 2028, is set to record a CAGR of nearly 5.5% over the period from 2021 to 2028. The report offers assessment and analysis of the Kefir Market on a global and regional level. The study offers a comprehensive assessment of the market competition, constraints, revenue estimates, opportunities, evolving trends, and industry-validated data. The report provides historical data from 2018 to 2020 along with a forecast from 2021 to 2028 based on revenue (USD Billion).
Kefir is a natural fermented milk item comprising over fifty species of probiotic yeast & bacteria. It has been clinically proved that kefir possesses many properties & health benefits such as anti-oxidation, anti-tumor, anti-obesity, anti-hepatic steatosis, anti-allergenic, and anti-microbial features. In addition to this, anti-inflammatory, constipation lessening, and cholesterol reducing characteristics of kefir has enhanced its popularity across globe. With its outstanding gastrointestinal resistance & colonization ability as well as high microbial interaction, kefir has exhibited array of modulatory effects on host gut microdata. Kefir is a natural probiotic drink possessing health promoting bacteria and acts as matrix in proficient probiotic microorganism delivery in various products.
Beneficial features of kefir such as anti-bacterial effect, hypocholesterolaemic effect, and anti-hypertensive effect will prompt product demand. Apart from this, regular intake of kefir has been related to enhanced digestion ability and lactose tolerance resulting in huge expansion of kefir market. Additionally, kefir consumption can regulate plasma glucose and catalyzes anti-carcinogenic activities as well as enabling & facilitating anti-allergenic activity and enhancing healing effects of various products, thereby steering industry trends. Large-scale use of kefir and kefir-based products owing to its therapeutic effects has enhanced its use in health and food industries. Reportedly, a large number of clinical experiments have been carried on kefir for examining & monitoring its biological features with many of these trials demonstrating successful outcomes.
Furthermore, need for enhancing immunity of human beings and complete health of latter is likely to benefit growth of kefir market in near future. Escalating popularity of functional drinks will make notable contributions towards kefir market size over forecast period. Nonetheless, reduction in sales of product due to outbreak of COVID-19 pandemic can plummet growth of kefir industry over assessment period.
Report Attribute | Details |
---|---|
Base Year | 2020 |
Historic Years | 2016 - 2020 |
Forecast Years | 2021 - 2028 |
Segments Covered | By Product Type, By Application, and By End Use |
Forecast Units | Value (USD Billion), and Volume (Units) |
Quantitative Units | Revenue in USD million/billion and CAGR from 2021 to 2028 |
Regions Covered | North America, Europe, Asia Pacific, Latin America, and Middle East & Africa, and Rest of World |
Countries Covered | U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Argentina, GCC Countries, and South Africa, among others |
Number of Companies Covered | 10 companies with scope for including additional 15 companies upon request |
Report Coverage | Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, market attractiveness analysis by segments and region, company market share analysis, and COVID-19 impact analysis. |
Customization Scope | Avail customized purchase options to meet your exact research needs. |
Growth of kefir market in Europe over forecast timespan is due to surging awareness among individuals pertaining to digestive health. Apart from this, growing preference for probiotic diet & drinks will embellish industry growth in Europe. Moreover, humungous demand for nutritious & healthy snacks will propel regional market growth over assessment period. High popularity of vegan food has transformed into huge need of dairy-free kefirs in European countries, thereby fostering regional market trends.
Key players strongly impacting kefir market expansion and profiled in study are The Hain Celestial Group, Inc., Danlac Canada Inc., Lifeway Foods Inc., Koninklijke DSM N.V., Döhler Group, Kerry Group, E.l du Pont de Nemours & Company, The Archer- Daniels- Midland Company, Nestle S.A., and Danone S.A.
FrequentlyAsked Questions
Beneficial features of kefir such as anti-bacterial effect, hypocholesterolaemic effect, and anti-hypertensive effect will prompt product demand. Apart from this, regular intake of kefir has been related to enhanced digestion ability and lactose tolerance resulting in huge expansion of kefir market. Additionally, kefir consumption can regulate plasma glucose and catalyzes anti-carcinogenic activities as well as enabling & facilitating anti-allergenic activity and enhancing healing effects of various products, thereby steering industry trends. Large-scale use of kefir and kefir-based products owing to its therapeutic effects has enhanced its use in health and food industries. Reportedly, a large number of clinical experiments have been carried on kefir for examining & monitoring its biological features with many of these trials demonstrating successful outcomes.
Furthermore, need for enhancing immunity of human beings and complete health of latter is likely to benefit growth of kefir market in near future. Escalating popularity of functional drinks will make notable contributions towards kefir market size over forecast period.
According to Zion market research report, the global Kefir Market accrued earnings worth approximately 2.1 (USD Billion) in 2020 and is predicted to gain revenue of about 3.2(USD Billion) by 2028, is set to record a CAGR of nearly 5.5% over the period from 2021 to 2028.
Europe will contribute lucratively towards the global market earnings over the projected timeline. The regional market surge is subject to surging awareness among individuals pertaining to digestive health. Apart from this, growing preference for probiotic diet & drinks will embellish industry growth in Europe. Moreover, humungous demand for nutritious & healthy snacks will propel regional market growth over assessment period. High popularity of vegan food has transformed into huge need of dairy-free kefirs in European countries, thereby fostering regional market trends.
The key market participants include The Hain Celestial Group, Inc., Danlac Canada Inc., Lifeway Foods Inc., Koninklijke DSM N.V., Döhler Group, Kerry Group, E.l du Pont de Nemours & Company, The Archer- Daniels- Midland Company, Nestle S.A., and Danone S.A.
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