Future Market Insights projects that the Kefir market is expected to grow at a compound annual growth rate (CAGR) of 3.5% during the forecast period. The industry is anticipated to reach USD 1,840.2 Million by 2032, up from USD 1,304.6 Million in 2022. In 2021, the Kefir market was valued at USD 1,267.8 Million.
| Attributes | Details |
| Market Size Value in 2022 | USD 1,304.6 Million |
| Market Forecast Value in 2032 | USD 1,840.2 Million |
| Global Growth Rate (2022 to 2032) | 3.5% |
| Forecast Period | 2022 to 2032 |
| Global Market Share of USA, Germany, Japan, and Australia | 75% |
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Kefir, a dairy product made from Kefir grains containing yeast and bacteria, resembles small, translucent, whitish cauliflower-like jelly spheres. The global food and beverage industry is increasingly driven by natural products. The Kefir market is expected to grow quickly due to rising demand for gluten-free products, a trend anticipated in the forecast period.
Kefir, a versatile beverage suitable for breakfast, lunch, or dinner, is often considered a European drink. It offers significant health benefits, especially for those with lactose intolerance, leading to increased consumption. With ongoing trends and growing demand, the Kefir market has strong potential for growth during the current forecast period.
Competitive Landscape
Leading companies in the kefir market allocate substantial funds towards organic foods that offer exceptional nutritional value and significant health benefits. These companies are prioritizing the expansion of their product range and distribution networks to enhance their competitive position. Key market players are also making significant investments in research and development to innovate new products and enhance existing ones. Additionally, they are actively involved in mergers, acquisitions, and partnerships to broaden their business footprint and operations.
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Key Companies Profiled
- Nestle SA
- Danone SA
- Fresh Made Dairy
- The Hain Celestial Group Inc
- Lifeway Foods, Inc
Kefir Market by Category
By Form, Kefir Market is segmented as:
- Organic
- Conventional
By Category, Kefir Market is segmented as:
- Flavored
- Non-flavored
By Type, Kefir Market is segmented as:
- Milk Kefir
- Dairy-Based
- Non-dairy Based
- Water Kefir
By Application, Kefir Market is segmented as:
- Food and Beverages
- Pharmaceutical
By Distribution Channel Market is segmented as:
- Convenience Store
- Speciality Store
- Supermarkets/Hypermarkets
- Others
By Region, Kefir Market is segmented as:
- North America
- Europe
- Asia Pacific
- Rest of the World
Frequently Asked Questions
How big is the Kefir Market?
The Kefir Market will reach nearly US$ 1,304.6 Million by 2022.
At what rate Kefir Market is expected to grow?
The Kefir Market is expected to rise at a CAGR of 3.5%.
Which are the major countries driving the demand for Kefir Market?
USA, France, and Switzerland are the major countries driving the demand for Kefir Market.
At what rate will Kefir Market grow in China?
The China Kefir Market will grow at 5.5% CAGR between 2022 and 2032.
At what rate will Kefir Market grow in India?
The India Kefir Market will grow at 3.6% CAGR between 2022 and 2032.
At what rate will Kefir Market grow in United Kingdom?
The United Kingdom Kefir Market will grow at 4.8% CAGR between 2022 and 2032.Bottom of Form
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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