Kefir Market Growth, Share, Trends Analysis under Segmentation, Business Challenges and Forecast 2030: Markntel Advisors

MarkNtel Advisors has recently published a research report that delves into the Kefir Market Research Report: Forecast (2024-2030). This report aims to improve user comprehension and facilitate informed decision-making by thoroughly examining significant changes, gap analyses, emerging opportunities, trends, industry dynamics, and competitive challenges. Utilizing both qualitative and quantitative data, the report provides a comprehensive overview, offering detailed growth prospects and succinct insights into competitors to familiarize both established businesses and newcomers with the current market scenario.

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Kefir Market Insight and Analysis:

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.

Global Kefir Market Driver:

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.

Kefir Industry Segmentation:

-By Form

-Organic Kefir- Market Size & Forecast 2019-2030, (USD Million)

-Conventional Kefir- Market Size & Forecast 2019-2030, (USD Million)

-By Product Type

-Milk Kefir- Market Size & Forecast 2019-2030, (USD Million)

-Dairy-based- Market Size & Forecast 2019-2030, (USD Million)

-Non-dairy-based (Coconut Kefir, Flax Kefir, etc.)- Market Size & Forecast 2019-2030, (USD Million)

-Water Kefir- Market Size & Forecast 2019-2030, (USD Million)

-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)

- Supermarkets/Hypermarkets- Market Size & Forecast 2019-2030, (USD Million)

- Convenience Stores- Market Size & Forecast 2019-2030, (USD Million)

- Specialty Stores- Market Size & Forecast 2019-2030, (USD Million)

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Geographically Analysis:

-By Region

-North America

-South America

-Europe

-The Middle East & Africa

-Asia-Pacific

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A thorough examination of the competitive landscape of the market involves a comprehensive analysis of its key competitors. This analysis delves deep into each company's profile, financial achievements, market presence, potential, Research and Development (R&D) expenditures, recent strategic initiatives in the market, footprint, strengths, weaknesses, and market dominance. The information provided offers a comprehensive overview of the leading market players, including 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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About Us:

MarkNtel Advisors is a leading research, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.

Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.

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