Overview of the Global Kefir Market: Key Statistics and Trends:
According to the latest report by MarkNtel Advisors, titled “Global 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, 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. The report provides a thorough analysis of the market, covering competitor dynamics, regional insights, and a detailed breakdown of industry segments.
Global Kefir Market Growth and Scope:
Base Year: 2023
Forecast Period: 2024-30
Historical Data: 2019-22
CAGR (2024-30): 6.15%
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Global Kefir Market Opportunity:
Rising Lactose Intolerance Population to Provide New Opportunity – Kefir sales are expected to rise in the coming years due to the growing prevalence of lactose intolerance and dairy allergies among the population. This is expected to significantly drive the demand for non-dairy substitutes, including coconut, soy, and almond milk-based kefirs. In 2022, Kefir Lab expanded its product line by introducing Coconut Milk Kefir and Coconut Milk Kefir Shots. This shift opened new market opportunities and expanded accessibility to kefir products for individuals who cannot consume traditional dairy.
Also, among the global population, countries like South Korea, Yemen, Vietnam, Oman, Iraq, Taiwan, China, South Africa, Egypt, Italy, and Japan have the highest percentage of lactose-intolerant populations, thus contributing to the market growth.
A Comprehensive Analysis of Leading Companies of Kefir Market by MarkNtel Advisors:
- 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
- Others
Key Kefir Market Segmentation:
Explore Our Comprehensive Study: https://www.marknteladvisors.com/research-library/kefir-market.html
-By Form
- Organic Kefir
- Conventional Kefir
The Organic category is expected to hold a major share of the Kefir Market, backed by the robust popularity of organic products.
-By Product Type
- Milk Kefir
- Water Kefir
Milk kefir holds the highest market share in the Global Kefir Market. Traditionally crafted from cow, goat, or sheep milk, this type of drink is highly valued for its probiotic content that aids gut health and rich creaminess preferred by a wide range of consumers.
-By Flavor
- Flavored Kefir- Market Size & Forecast 2019-2030, (USD Million)
- Non-flavored/Regular Kefir- Market Size & Forecast 2019-2030, (USD Million)
-By Sales Channel
- Online Retail Stores- Market Size & Forecast 2019-2030, (USD Million)
- Offline Retail Stores- Market Size & Forecast 2019-2030, (USD Million)
Geographical Analysis
-By Region
- North America
- South America
- Europe
- The Middle East & Africa
- Asia-Pacific
Europe held a significant market share in the Global Kefir Market, thanks to the surge in demand for probiotic foods and beverages.
Key Reports Highlights:
- Market Dimensions & Projections
- Pricing Evaluation,
- Recent Strategic Moves by Companies,
- Primary Stakeholders,
- Analysis of Import and Export Trends,
- Competitive Landscape Assessment,
- Emerging Opportunities,
- Market Trends and Indicators
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Key Advantages of the Report by MarkNtel Advisors:
- Accurate Revenue Projections: The report provides precise revenue estimates for the market and its key sub segments, benefiting both market leaders and new entrants.
- Strategic Insights for Stakeholders: By understanding the competitive landscape, stakeholders can strategically position their businesses and develop effective go-to-market strategies.
- Comprehensive Market Dynamics Analysis: The report offers valuable insights into the key drivers, restraints, challenges, and opportunities within the market, helping stakeholders make well-informed decisions.
Note: If you need additional information not included in the report, we can customize it to suit your requirements.
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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.
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