According to the research of Future Market Insights, the market for Kefir is anticipated to expand at a CAGR of 3.5% over the forecasted time period. According to projections, the industry would be worth US$ 1,840.2 Million by 2032, up from US$ 1,304.6 Million in 2022. At the end of 2021, the Kefir Market was valued at US$ 1,267.8 Million.
Attributes
Details
Market Size Value in 2022
US$ 1,304.6 Million
Market Forecast Value in 2032
US$ 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%
A dairy product called Kefir is produced from the yeast- and bacteria-containing Kefir grain. It's a tiny, translucent, whitish, cauliflower-like jelly-like sphere. The primary factor propelling the global food and beverage business has been natural products. The Kefir market is likely to expand at a rapid rate because of the rising demand for gluten-free products, which is predicted to happen over the forecast period.
Don't pay for what you don't need
Customize your report by selecting specific countries or regions and save 30%!
Historical Outlook versus Future Projections for Kefir Market
The Global Market for Kefir increased from US$ 1,130.8 Million to US$ 1,267.8 Million between 2017 and 2021 with a CAGR of 2.9%.
Since Kefir can be taken for breakfast, lunch, or dinner, Kefir is regarded as a European beverage. Kefir has the finest health benefits for those who have lactose intolerance, and as a result, consumption is rising. The Kefir market has good potential to attempt and grow during the current forecast period with the same number of rising trends and variables.
During the forecast period, the global Kefir Market is anticipated to grow fromUS$ 1,304.6 Million in 2022 to US$ 1,840.2 Million by 2032 with a healthy CAGR of 3.5%.
Country-wise Insights
How is the USA Kefer Market Shaping?
As the USA Kefer market continues to grow, it is shaping the future of the industry. The market is expected to reach US$ 454 Million by 2022, and its growth is being driven by a number of factors.
One of the key drivers of growth is the increasing popularity of plant-based Kefir. Plant-based Kefir is made from soy, almond, or coconut milk and has a similar nutritional profile to dairy-based Kefir. It is lower in calories and fat than dairy-based Kefir, and it is also lactose-free, making it a good choice for people with lactose intolerance.
Another driver of growth in the USA Kefer market is the increasing popularity of probiotics. Probiotics are live bacteria that are beneficial for gut health.
How is the Europe region performing in the Kefir Market?
The Europe region is the largest market for Kefir and is expected to continue its dominance in the coming years.
The growing popularity of probiotic drinks and the health benefits associated with them are the major drivers of the Kefir market in Europe. Increasing awareness about the benefits of Kefir among consumers is also fuelling the growth of the market. In addition, the growing demand for organic and natural products is further driving market growth.
Since it can be taken for breakfast, lunch, or dinner, Kefir is regarded as a European beverage. Poland is the next-largest producer of Kefir in the world, after Russia. Since it is a big exporter, the nation is one of the forces behind growth in Europe.
Find your sweet spots for generating winning opportunities in this market.
Category-wise Insights
What are the different forms of Kefir?
Organic and conventional Kefir are both types of fermented milk. They are made by adding Kefir grains to milk, which then ferment the sugars in the milk and turn it into lactic acid.
The main difference between organic and conventional Kefir is the way the milk is produced. Organic milk is produced without the use of synthetic hormones or pesticides, while conventional milk is produced using these methods. Both types of Kefirs have similar nutritional value, but organic Kefir may have more health benefits due to the lack of synthetic chemicals.
Why is flavoured Kefir preferred over Non-flavoured Kefir?
Flavoured Kefir is a delicious and healthy drink that can be enjoyed by people of all ages. It is made from milk that has been fermented with Kefir grains, and it can be flavoured with a variety of fruits, vegetables, and herbs.
Flavoured Kefir is a great way to get your daily dose of probiotics, which are beneficial for gut health. It is also a good source of calcium and protein, and it can help to boost the immune system.
What are the health benefits that Kefir offers?
A great source of probiotics is Kefir. Kefir contains a variety of nutrients, including calcium, protein, vitamin B12, niacin, and folic acid. Kefir has increased in popularity due to the health advantages it provides on a global scale. Kefir is a powerful anti-inflammatory that can reduce cholesterol and strengthen the immune system in humans.
Competitive Landscape
Major players spend a significant amount of money on organic foods with great nutritional values and striking health advantages. The companies in the kefir market are focused on expanding their product portfolio and increasing their distribution channels to gain a competitive edge in the market. The key players in the market are investing heavily in research and development to develop new products and improve their existing product lines. The companies are also engaged in mergers & acquisitions and partnerships to expand their business operations.
Get the data you need at a Fraction of the cost
Personalize your report by choosing insights you need and save 40%!
Kefir Market Report Scope
Attribute
Details
Forecast Period
2022 to 2032
Historical Data Available for
2017 to 2022
Market Analysis
USD Million for Value and Units for Volume
Key Regions Covered
North America
Europe
Asia Pacific
Rest of the World
Key Countries Covered
India
USA
Germany
China
Japan
Denmark
Canada
Mexico
Poland
United Kingdom
France
Italy
Spain
South Korea
Russia
Australia
Brazil
Argentina
South Africa
Key Segments Covered
Form
Category
Type
Application
Distribution Channel
Region
Key Companies Profiled
Nestle SA
Danone SA
Fresh Made Dairy
The Hain Celestial Group Inc
Lifeway Foods, Inc
Report Coverage
Drivers, Restraints, Opportunities and Threats Analysis, Market Forecast, Company Share Analysis, Market Dynamics and Challenges, Competitive Landscape, and Strategic Growth Initiatives
Customization & Pricing
Available upon Request
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.
Which companies dominate the market?
Nestle SA and Danone SA are the companies dominating the Kefir Market.
What is the demand outlook forecast for the Kefir Market?
The global demand for Kefir Market is forecasted to surpass US$ 1,840.2 Million by the year 2032.
