Global Kefir Market - MarkNtel

1. Global Kefir Market Research Report: Forecast (2024-2030) • GET SAMPLE REPORT • MARKNTEL ADVISORS

2. Company Overviews • MarkNtel Advisors is a leading consulting, data analytics, and market research firm that provides an extensive range of strategic reports on diverse industry verticals. We being a qualitative & quantitative research company, strive to deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, and individuals, among others. We have our existence across the market for many years and have conducted multi-industry research across 80+ countries, spreading our reach across numerous regions like America, Asia-Pacific, Europe, the Middle East & Africa, etc., and many countries across the regional scale, namely, the US, India, the Netherlands, Saudi Arabia, the UAE, Brazil, and several others.

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4. Market Insights The Global Kefir Market size was valued at USD 2.03 billion in 2023 & is expected to reach USD 3.45 billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 6.15% during the forecast period, i.e., 2024-30. Factors such as health consciousness, inclination towards veganism, and a preference for functional beverages have been playing a substantial role in driving the Global Kefir Market. The expanding interest in gut microbiota and its ability to benefit immunity and overall well-being has boosted the industry growth for probiotic foods and drinks considerably.

5. Market Drivers Rising Demand for Nutritional & Functional Beverages – The growing popularity of nutritional and functional beverages is profoundly contributing to market growth, as consumers increasingly seek nutritional benefits from their beverage choices. Awareness about reducing health risks such as improved digestion, enhanced immunity, and better overall well-being through nutrient-enriched drinks is significantly boosting kefir drinks demand. In addition, the demand for water-based and non-dairy kefir options is rising, catering to their specific dietary preferences. Thus, playing a crucial role in propelling sales of functional kefir. Companies are responding by innovating and expanding their product lines to include a variety of nutritional & functional kefir options made from sources like almonds, oats, and coconuts. These products appeal to the global population, broadening the consumer base. Consequently, the continuous introduction of novel flavors and formulations in functional beverages keeps consumer interest high and drives sales, thus contributing to sustained market growth.

6. Market Segments Kefir Market - By Form, (Organic Kefir, Conventional Kefir), By Product Type, (Milk Kefir [Dairy-based, Non-dairy-based], Water Kefir), By Flavor, (Flavored Kefir, Non-flavored/Regular Kefir), By Sales Channel, (Online Retail Stores, Offline Retail Stores [Supermarkets/Hypermarkets, Convenience Stores, Specialty Stores]) and others

7. Top Companies Lifeway Foods, Inc., The Hain Celestial Group, Inc. (The Greek Gods), Nestlé S.A, Danone S.A, Green Valley Creamery, Maple Hill Creamery, LLC, Emmi AG (Redwood Hill Farm & Creamery), Biotiful Gut Health, Evolve Kefir, Babushka Kefir, Fresh Made Dairy, Liberte Les Produits De Marque Inc., Valio Ltd., Nourish Kefir, Courtyard Farms and Others

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10. MarkNtel Advisors Target Geographies- Focus Areas • MarkNtel has strategically defined its target areas which are based on evaluation by its analysts after analysing the growth potential of various regions. Few of those parameters include: • -Political, Economic, Social, Technological and Environmental Analysis • -Credit Ratings provided by leading institutions • -GDP projections by bodies such as the World Bank, IMF, OECD, etc. • -Market Disruptions and the “Next Big Things”

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