The global demand for Probiotic Fermented Milk Market is presumed to reach the market size of nearly USD 706.56 MN by 2030 from USD 445.42 MN in 2022 with a CAGR of 5.82% under the study period 2023 - 2030.
Probiotic fermented milk consists of lactic acid bacteria, including bifidobacterium, lactobacillus acidophilus, and lactobacillus. Over the years, it has garnered rising momentum for proven health benefits and lower lactose levels. In addition to improving gut or digestive function, probiotic fermented milk helps boost the immune system and helps marinate overall health.
Market Dynamics
As people are becoming more aware about the benefits of probiotics, the market demand for probiotic fermented milk has scaled up. Moreover, the growing consumer awareness that using probiotic fermented milk-based products in daily life helps improve the meal's nutritional content drives the market growth. Furthermore, probiotic fermented milk is becoming more and more popular in dairy and beverages, which is fueling the growth of this market. Probiotic fermented milk products have a variety of flavourings and taste enhancers added to them, which makes them appealing to kids and boosts the global probiotic fermented milk industry. However, the high cost of probiotic products may hamper the growth of this market.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of probiotic fermented milk. The growth and trends of probiotic fermented milk industry provide a holistic approach to this study.
Market Segmentation
This section of the probiotic fermented milk market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Product Type
- Yogurt
- Cheese
- Kefir
- Others
By Application
- Dairy
- Food & Beverages
- Cosmetics
Regional Analysis
This section covers the regional outlook, which accentuates current and future demand for the Probiotic Fermented Milk market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global Probiotic Fermented Milk Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the probiotic fermented milk market include Lifeway Foods Inc., Danisco A/S (Dupont), Valio Ltd., Royal FrieslandCampina NV, General Mills Inc., Mother Dairy Fruit & Vegetable Pvt. Ltd., Nestle SA, Danone SA, Bio-K Plus International Inc , Morinaga Milk Industry Co Ltd., Others,. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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