Global Fermented Dairy Market Overview:
Fermented milks are widely produced in many countries. This type of process is one of the oldest methods used to extend the shelf-life of milk, and has been practised by human beings for thousands of years. Many dairy products are sources of fermented foods that can help produce a healthy bacteria balance in digestive system. Qualities of fermented dairy product are influenced by the composition and quality of milk. Milk contains protein, lactose, lipids, minerals, traces of vitamins and water. Microorganisms use the nutrients in milk in their metabolism for growth. They are present in the fermented milk products, not only as viable cells, but also as autolyzed cells that they release cell components, metabolites and enzymes.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Forecast Period | 2024-2030 |
Historical Period | 2018-2023 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Influencing Trend:
Change in Consumption Pattern of Consumers towards Healthy Product and Growing Demand for New and Unusual Flavors from Young Population
Market Growth Drivers:
Consumers are More Inclined towards Healthy and Natural Preservation Methods, The Purported Health Benefits of Fermented Diary Products and Increasing Number of People Suffering from Lactose Intolerance
Challenges:
New Opportunities in industry
Restraints:
Stringent Government Rules on Permissible Strain to Be Used In the Process of Fermentation
Opportunities:
Innovative and Creative Packaging Formats and The Growth Potential from Less Developed Countries
Competitive Landscape:
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail competitive advantage through combined synergies.
Some of the key players profiled in the report are Kraft Heinz (United States), Nestle (Switzerland), Danone (France), Valio Ltd. (Finland), General Mills (United States), Danisco A/S (Denmark), Straus Family Creamery (United States), Morinaga Milk industry Co. Ltd. (Japan), Bio-K Plus International Inc. (Canada) and Lifeway Food Inc. (United States). Additionally, following companies can also be profiled that are part of our coverage like Chobani (United States), Fage (Luxembourg) and Stonyfield (United States). Analyst at AMA Research see United States and European Vendors to retain maximum share of Global Fermented Dairy market by 2030. Considering Market by Packaging Type, the sub-segment i.e. Glass Containers will boost the Fermented Dairy market.
Latest Market Insights:
In January 2024,Israeli startup Imagindairy has acquired industrial-scale precision fermentation production lines at an undisclosed location “in close proximity to Israel” and now expects products containing its animal-free whey protein to launch in the US this year.
In April 2023 Royal DSM, a global, purpose-led, science-based company, today unveils an extensive, functional ingredients toolkit for plant-based fermented products, like yogurt alternatives. The toolkit includes four new specifically designed starter cultures and five ready-to-use consumer concepts. The new concepts showcase how the toolkit can be used to develop new plant-based fermented products across a variety of plant-based substrates with fine-tuned taste, texture and health properties.
What Can be Explored with the Fermented Dairy Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Fermented Dairy Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Fermented Dairy
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Fermented Dairy market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Fermented Dairy market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Manufacturers of Fermented Dairy Products, Suppliers of Fermented Dairy Products, Wholesalers, Distributors and Retailers of Fermented Dairy Products, Food & Beverage Industry and Regulatory Bodies.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.