Global Kefir Market Size, Share, Growth Analysis, By Distribution Channel(Online, and Offline), By Product(Animal-based, and Plant-based) - Industry Forecast 2024-2031

Report ID: SQMIG30G2043 | Region: Global | Published Date: March, 2024
Pages: 198 | Tables: 61 | Figures: 75

Global Kefir Market Regional Insights

Europe has established itself as the largest regional market, holding a share of over 45.0% in 2022. The popularity of kefir products in households across countries like Belarus, Bulgaria, Denmark, Georgia, Greece, Moldova, Montenegro, North Macedonia, Romania, Russia, Serbia, Ukraine, Czechoslovakia, Sweden, Norway, and Switzerland contributes significantly to the growth of the industry in this region.

Asia Pacific is expected to experience the fastest compound annual growth rate (CAGR) of 5.6% from 2023 to 2030. This growth is attributed to countries such as Japan, Australia, and New Zealand, where consumers have shown increasing awareness of fermented milk products in recent years. In the Asia Pacific market, THE KEFIR COMPANY has gained popularity as a prominent player.

Global Kefir Market Report Snapshots

License Type Top market research company in USA

File Type

$5,300

BUY NOW GET FREE SAMPLE

Want to customize this report?

Our industry expert will work with you to provide you with customized data in a short amount of time.

REQUEST FREE CUSTOMIZATION

FAQs

Global Kefir Market size was valued at USD 1480 million in 2022 and is poised to grow from USD 1565.84 million in 2023 to USD 2458.29 million by 2031, at a CAGR of 5.8% during the forecast period (2024-2031).

The global kefir market is highly competitive with the presence of several key players striving for market dominance. These companies engage in various strategies such as product innovation, partnerships, acquisitions, and expansion to gain a competitive edge. The competitive landscape of the global kefir market is characterized by intense competition, product innovation, and strategic partnerships. Key players in the industry continuously strive to enhance their market presence by introducing new flavors, expanding distribution networks, and focusing on consumer health and sustainability. This competition ultimately benefits consumers by providing a wide range of options and driving innovation in the kefir market. 'Lifeway Foods Inc. (US)', 'The Hain Celestial Group Inc. (US)', 'Danone S.A. (France)', 'Nestlé S.A. (Switzerland)', 'Koninklijke FrieslandCampina N.V. (Netherlands)', 'Valio Ltd. (Finland)', 'Yakult Honsha Co. Ltd. (Japan)', 'Lactalis Group (France)', 'Müller Group (Germany)', 'General Mills Inc. (US)', 'Chobani LLC (US)', 'Yoplait (US)', 'Parmalat S.p.A. (Italy)', 'Grupo Lala (Mexico)', 'Arla Foods amba (Denmark)', 'Dean Foods Company (US)', 'Megmilk Snow Brand Co. Ltd. (Japan)', 'Yili Group (China)', 'Morinaga Milk Industry Co. Ltd. (Japan)', 'Savencia Fromage & Dairy (France)'

The growing awareness among consumers about the health benefits of kefir acted as a major driver. In 2022, there was a notable rise in health-conscious individuals seeking functional and probiotic-rich foods. Kefir, with its digestive and immune health benefits, gained popularity as a natural and nutritious choice. For example, Lifeway Foods, a leading kefir producer, experienced increased demand for their products as health-conscious consumers prioritized gut health.

Expansion of Flavored Varieties: In 2022, the kefir market witnessed a trend of expanding flavored varieties to cater to diverse consumer preferences. Manufacturers introduced new and exciting flavors to attract consumers and differentiate their products. Examples include companies like Lifeway Foods and The Coconut Collaborative, which introduced unique flavors like mango, matcha, and turmeric-infused kefir options.

Feedback From Our Clients

"We have purchased recently a report from SkyQuest Technology, and we are happy to inform you that this report was so useful and practical for our team. Skyquest Team was very active and our queries were followed up completely.It was amazing. "

- Mr. Ali Zali, Commercial Director, ICIIC Iran.

Global Kefir Market Size, Share, Growth Analysis, By Distribution Channel(Online, and Offline), By Product(Animal-based, and Plant-based) - Industry Forecast 2024-2031

Global Kefir Market Regional Insights

Global Kefir Market Report Snapshots

Want to customize this report?

FAQs

What is the global market size of Kefir Market?

Who are the key vendors in the Global Kefir Market?

What is the key driver of Global Kefir Market?

What is the key market trend for Global Kefir Market?

Which region accounted for the largest share in Global Kefir Market?

Request Free Customization

Related Reports

Feedback From Our Clients

$5,300