About The Yogurt Powder Report
Yogurt powder is fermented milk processed in the form of dry yogurt and has benefits such as convenience, portability, stability, and storability. Yogurt powder’s popularity as a healthy alternative to classic yogurt has been surging. Its use in flavoured beverages, sweets, and dips has been rising at a steady pace, creating growth opportunities for the yogurt powder market. Yogurt powder has several nutritional properties such as vitamin B6, vitamin D, calcium, and riboflavin. Also it does not require refrigeration, offering increasing convenience to consumers.
In its new study, ESOMAR-certified market research and consulting firm Future Market Insights (FMI) offers insights about key factors driving demand for yogurt powder market. The report covers a forecast and an analysis of the yogurt powder market on a global and regional level. The study contains information on drivers and restraints affecting the yogurt powder market. The report also uncovers hidden opportunities for the market over the course of the forecast period, 2021-2031.
What is the Future Outlook of Yogurt Powder Market in Comparison to Historical Pattern?
?The yogurt powder market has significantly expanded in the last few years. Growing trend of clean label products and the demand for stomach-friendly probiotics are key factors driving the global market. As a result of stringent regulations implemented by various international organizations, food producers from around the world have started including natural or organic products. This is expected to aid the overall expansion of the market.
Sellers are focusing on offering organic products to gain traction from more consumers in future. Some of the leading food brands have been aiming at capitalizing on available opportunities. This has led to a host of product launched
For instance, in 2019, Epi Ingredients launched a new crispy indigent which will be unique in the world of ingredients and will be known as SoCrispies which will come in two varieties: a nutrition-oriented formulation containing 100% dairy proteins and, an indulgence-focused formulation featuring the company’s flagship yogurt powder.
According to FMI’s analysis, yogurt powder market will exhibit 7.8% CAGR over 2021-2031.
The increasing acceptance of nutritious food and awareness regarding the importance of better-quality lifestyles are estimated to drive the yogurt powder market in the near future. Yogurt powder has proven to help in recovery of immune system & digestive system. It also helps in weight management. With manufacturers aiming at reducing sugar content, the demand for yogurt powder is expected to rise in the coming years.
For instance, in 2019 the British Government introduced guidelines on reducing the sugar content in fermented yogurt product by 2021. Implementation of stringent regulations such as this is expected to have considerable impact on the global market.
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How is Increasing Awareness about Health Enabling Yogurt Powder Sales?
Consumers around the world have become increasingly aware about health and wellness. This has remain one of the chief drivers of the yogurt powder market. The probiotic nature of yogurt powder is considered good for digestive system and overall health. This has resulted in its increasing application in the food and beverages processing industry.
Yogurt powder is considered a high source of potassium, vitamin D phosphorous, protein, and calcium. Some studies have even stressed on its role in the prevention of osteoarthritis. As per the International Osteoporosis Foundation (IOF), approximately 2oo million people around the world are affected by this condition. In fact, nearly 30% of premenopausal women in the U.S. and Europe often complaints of osteoarthritis.
With the incidence of the disease increasing, more number of consumers are likelier to exhibit demand for yogurt powder.
What is the Scope for Research & Development in Yogurt Powder Market?
Considerably investment is made in research and development facilities. This is either to recover the manufacturing costs or to make innovative products for the consumers. Consumers are always keen on seeing new innovative products on supermarket shelves or convenience stores. The same trend has been observed for yogurt powder.
For instance, research and development initiatives led to the launch of freeze-dried yogurt powder. This type is often used for making hummus, frozen and drinkable yogurt, and other food products. In fact the increasing use of freeze dried yogurt powder in baby food has emerged as a crucial driver of the market.
How Large Is The Opportunity For Yogurt Powder Market In United States?
The U.S. will remain on of the key markets over the assessment period. One of the key factors enabling growth in the U.S. is the presence of some of the leading players. According to FMI, the U.S. holds 79% share in the North America market and is ranked top in yogurt powder market among other countries across the globe.
Rising focus on health and wellness will remain one of the chief drivers of sales in America. The country exhibits a high prevalence of obesity, which is one of the key factors why consumers are proactively opting for a healthy lifestyle. According to the Centers for Disease Control and Prevention (CDC), the prevalence of obesity in the country stood at a little above 42% in 2017-2018. This figure explains why yogurt powder among other nutrition products is highly sought-after in the country.
How are Growth Prospects for Yogurt Powder Market in U.K.?
The U.K. is expected to hold the largest share in Europe market in terms of value for the year 2021. This can be credited to the rising demand in the food and beverage industry. Moreover, the U.K.’s yogurt powder market has been witnessing increasing demand from the personal care sector. According to the survey, almost 50% of the consumers in the U.K. are buying cosmetic products with natural ingredients included, which will further boost the yogurt powder market growth in this country.
Why to Invest In Yogurt Powder Market in India?
Milk is a key source for manufacturing yogurt powder and India is one of the leading producers of milk. Therefore, India witnesses several new entrants which will positively impact the growth of yogurt powder market in the short term forecast period. India accounts for dominating share of 48.4% in the South Asia market and expected to grow at a CAGR of 7.9%.
India has huge population and the consumers in India are turning towards healthy lifestyle and nutritional diet. Yogurt powder is a rich source of carbohydrates, calcium and proteins, which is attributable for its increasing use in various food products.
How is Adoption of Healthier Lifestyles Fuelling Demand for Yogurt Powder in Italy?
As a result of growing wellness and health trend in Italy, consumers are turning towards probiotic products, which will maintain and improve immune system and gut health. Yogurt powder market has already set its footprints in Europe and Italy is on the second number country wise.
Increasing focus towards maintaining a healthy lifestyle has been fuelling the demand in Italy. As per the Istat, the Italian National Institute of Statistics, more than 3 million and 200 thousand people in Italy reported to have diabetes in 2016. With the numbers showing little sign of slowing down, the demand for yogurt powder is likely to surge in the country.
How did COVID-19 outbreak impact yogurt powder market in China?
Yogurt powder producers provide products to the food manufacturer and foodservice such as bakery and confectionery. In the lockdown most of the countries in the world, including China, has been highly affected by virus. However, the demand for clean label and healthy product increased.
The virus has generally compressed commercial dairy farms in those countries where there is advanced diary infrastructure owed to the disturbed supply chain. The producers are facing difficulties owed to supply chain disturbance and they also require tactics to retain production amenities open and also keeping the staffs safe.
As the unlocking has begun in many countries which will provide opportunities to manufactures and dairy farms as well. The well-established infrastructure of dairy industry in China will provide manufacturers of yogurt powder a platform to manufacture and sell the products in economic cost, which in turn will provide more profits.
Why is Regular Flavor more preferred in Yogurt Powder?
Regular yogurt powder is preferred by consumers. Their use in various applications within the food and beverages sector, will remain a chief growth driver. According to FMI, regular flavour yogurt powder will account for over 77% of the market in terms of volume in 2021.
Why is Skimmed Yogurt Powder More Preferred?
Growing popularity of western food is moving the food ingesting pattern of the people and is anticipated to fuel the demand for skimmed yogurt powder. Rising health awareness and focus on weight management will continue fuelling demand. Thus, leading players in yogurt powder market are concentrating on the skimmed yogurt powder to target health conscious population, whereas cost competitiveness will remain a strong differentiation strategy.
Why Food Industries Use Majority Of Yogurt Powder?
The use of the yogurt powder in the global market is mostly in the food sector. The rising demand for various dehydrated yogurt is increasingly replacing the fresh alternatives in the preparation of many recipes, especially across restaurants and cafes. The increasing use of yogurt powder in beverages, ice creams, salads, and sauces & dips will remain a chief factor fuelling demand in the food sector. In fact, the demand for yogurt flavored chocolates, drinks, and ice creams is increasing. This has been creating scope for application in the industry.
FMI has projected the food to continue accounting for dominant share in the market through the forecast period. Against this backdrop, FMI also projects the industrial sector to remain the key end user through the forecast period. Meanwhile, the demand from HoReCa is expected to rise at a steady pace.
Which is More Preferred Distribution Channel for Yogurt Powder Manufacturers?
Business-to-business of B2B channels will continue to remain more preferred for sales of yogurt powder. However, in the coming years, sales via store based and online retailing is expected to gradually pick up.
Companies operating in the yogurt powder market are focusing on expanding their portfolio via product launches and strategic collaborations. For example, Glanbia Nutritionals, an American provider of advanced nutritional solutions, stretched its tradition nutrient premix creation footprint in the US with the acquirement of Watson, a US vendor of custom nutrient premixes and ingredients.
EasiYo, a leading yogurt brand from New Zealand partnered with Ornua Nutrition Ingredients (ONI), who is a supplier of nutrition ingredient, in January 2017. This partnership was aimed at expanding distribution network in Europe.
Some of the leading companies operating in the yogurt powder market are:
- Glanbia PLC
- Epi Ingredients SAS
- Bempresa Ltd.
- Armor Protéines
- Döhler Dahlenburg
- C.P. Ingredients Ltd
- Bluegrass Dairy & Food, Inc.
- Dr. Suwelack
- Kerry Group
- Bayerische Milchindustrie eG
- PreGel AMERICA, Inc.
- ACE International LLP
- BALTIMA Sp. z o.o.
*The list is not exhaustive, and only for representational purposes.
Scope of the yogurt powder market Report
Historical Data Available for
Lactose Market Analysis
USD Million for value and '000 MT for Volume
Key Regions Covered
North America, Latin America, Europe, East Asia, South Asia, Oceania Middle East & Africa
Key Countries Covered
U.S., U.K., Germany, France, China, India, Brazil
Key Segments Covered
Form, End Use, Derivatives Type and Region
Key Companies Profiled
Revenue forecast, company share, competitive landscape, growth factors and trends.
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Key Questions Answered in the Lactose Report
Q1. Which is the most lucrative market for yogurt powder?
The U.S. is exhibiting high demand for yogurt powder. The bustling food sector besides increasing industrial application of yogurt powder will seal the dominance of the U.S. in North America.
Q2. Which type of yogurt powder is highly sought-after?
Skimmed yogurt powder is in high demand. It is expected to remain the top-selling yogurt powder through 2021-2031.
Q3. Which technology is most used by yogurt powder production?
Yogurt powder is produced by spray drying and freeze drying. In yogurt powder market mostly spray dried process is used owing to its efficacy. The technology helps in maintaining the nutritional value of the yogurt powder.
Q4. Which are some of the leading companies offering yogurt powder?
Some of the leading companies offering yogurt powder Market are Glanbia Nutritionals; Epi Ingrédients; Kerry Inc.; Batory Foods; Easiyo Products; and ENKA SÜT A.S. Product innovation and new product launches have provided competitive edge to the key manufacturers.
Q5. Which end user is driving yogurt powder sales?
The application of the yogurt powder is considerably high in the industrial sector. The majority of the yogurt powder is being utilized by the food industries.
Enquiry before Buying
Is this research conducted by Future Market Insights?
Yes, the research has been conducted by expert analysts of Future Market Insights through a combination of primary research and secondary research. To know more about how the research was conducted, you can speak to research analyst
What research methodology is followed by FMI?
FMI follows a methodology that encompasses demand side assessment of the market, and triangulates the same through supply side analysis. This methodology is based on use of standard market structure, methods and definitions. Request detailed methodology
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What are the sources of secondary research?
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Yogurt powder Market by Category
- Skimmed Yogurt Powder
- Semi-Skimmed Yogurt Powder
- Whole Yogurt Powder
- Others (Passion Fruit, Blends)
- Food Industry
- Dips and Dressings
- Nutrition and Snack Bar
- Frozen Novelties
- Dry Mixes
- Others (Meat Products, Cereals)
- Cosmetics and Personal Care
- Food and Beverage Processors
- Cosmetic Manufacturers
- North America
- Latin America
- South Asia
- East Asia
- Middle East & Africa
- Store-Based Retail
- Modern Grocery Retailers
- Convenience Stores
- Food & Drink Specialty Stores
- Independent Small Groceries
- Online Retail