Market Overview:

The global kefir market size was valued at USD 1.23 billion in 2019 and is projected to reach USD 2.40 billion by 2032, exhibiting a CAGR of 5.39% during the forecast period based on our analysis in the existing report.

The surge can be credited to the escalating popularity of probiotic beverages and foods. This is further supplemented by the soaring awareness regarding digestive health among manufacturers for the development of novel probiotic beverages.

Fortune Business Insights™ cites this information in its research report, titled “Kefir Market, 2020-2032”.

List of Key Players Mentioned in the Report:

• Lifeway Foods, Inc. (Illinois, U.S.)
• Nestle S.A. (Vevey, Switzerland)
• Danone S.A. (Paris, France)
• The Hain Celestial Group, Inc. (New York, U.S.)
• Biotiful Dairy Limited (London, England)
• Green Valley Creamery (California, U.S.)
• Fresh Made Dairy (Pennsylvania, U.S.)
• Maple Hill Creamery, LLC (New York, U.S.)
• Emmi AG (Lucerne, Switzerland)
• The Icelandic Milk and Skyr Corp (New York, U.S.)

Segments:

Dairy Segment to Register Substantial Surge Owing to Escalating Demand for Dairy Nutrients

Based on product type, the dairy-based segment is anticipated to record lucrative growth through the estimated period. The rise can be credited to the escalating demand for dairy nutrients such as milk proteins. On the basis of region, the market is subdivided into Europe, North America, Asia Pacific, the Middle East & Africa, and South America.

Organic Segment to Record Appreciable Expansion Due to Rising Demand for Organic Dairy Products

Based on nature, the organic segment is expected to register commendable expansion over the forecast period. The surge can be attributed to the soaring popularity of organic beverages and food. Besides, organic milk has secured a mainstream place in retail aisles. The growing demand for organic milk is set to drive segmental expansion over the forthcoming years.