Flavoured Yogurt Powder Market Size by Type, by End-User, by Applications, by Deployment & by Technology 2032
Flavoured Yogurt Powder Market was valued at USD 1.5 Billion in 2022 and is projected to reach USD 2.8 Billion by 2030, growing at a CAGR of 8.5% from 2024 to 2030.
Flavoured Yogurt Powder Market Size and Opportunity Analysis
The flavoured yogurt powder market demonstrated substantial growth in 2022, valued at approximately USD 1.2 billion. The sector is anticipated to experience a compound annual growth rate (CAGR) of 6.5% from 2023 to 2028, reflecting a robust expansion trajectory. This growth is driven by the increasing demand for convenient and healthy snack options, coupled with rising consumer awareness about the benefits of yogurt in diets. Moreover, innovations in product formulations and packaging are expected to further bolster market performance, attracting a diverse consumer base seeking both traditional and exotic flavours.Emerging markets, particularly in Asia-Pacific and Latin America, present significant opportunities for growth due to the rising disposable incomes and evolving consumer preferences towards dairy-based products. These regions are witnessing an uptick in demand for flavoured yogurt powders, driven by a younger demographic and urbanization trends. Additionally, increased distribution channels and e-commerce platforms are enhancing market reach and accessibility. The growing inclination towards fitness and wellness also contributes to the burgeoning interest in flavoured yogurt powders, positioning the market for continued expansion in these developing regions.
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Who are the largest Global manufacturers in the Flavoured Yogurt Powder industry?
- Kerry (Ireland)
- Glanbia Nutritionals (US)
- Epi Ingredients (France)
- EnkaSut (Turkey)
- Prolactal GmbH (Germany)
- Bempresa Ltd (Poland)
- Lactoland (Germany)
- CP Ingredients (Ireland)
- Schwarzwaldmilch GmbH (Germany)
- Ballantyne Foods (Australia)
- Armor Proteines (France)
- Almil AG (Germany)
- Burley Foods (US)
- Ornua Co-operative Limited (Ireland)
- Dr. Otto Suwelack (Germany)
- Fujian Meiyi Foods Co.
- Ltd (CN)
- All American Foods (US)
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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What are the factors driving the growth of the Global Flavoured Yogurt Powder Market?
Growing demand for below applications around the world has had a direct impact on the growth of the Global Flavoured Yogurt Powder Market
- Baked Food
- Confectionery
- Ice Cream
- Dressings
- Others
What are the types of Flavoured Yogurt Powder available in the Market?
Based on Types the Market is categorized into Below types that held the largest Flavoured Yogurt Powder market share In 2023.
- Skimmed Yogurt Powder
- Whole Yogurt Powder
- Others
Which regions are leading the Global Flavoured Yogurt Powder Market?
- Global (United States, Global and Mexico)
- Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
- Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
- South America (Brazil, Argentina, Columbia, etc.)
- Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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Detailed TOC of Global Flavoured Yogurt Powder Market Research Report, 2024-2032
1. Introduction of the Global Flavoured Yogurt Powder Market
- Overview of the Market
- Scope of Report
- Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
- Data Mining
- Validation
- Primary Interviews
- List of Data Sources
4. Global Flavoured Yogurt Powder Market Outlook
- Overview
- Market Dynamics
- Drivers
- Restraints
- Opportunities
- Porters Five Force Model
- Value Chain Analysis
5. Global Flavoured Yogurt Powder Market, By Type
6. Global Flavoured Yogurt Powder Market, By Application
7. Global Flavoured Yogurt Powder Market, By Geography
- Global
- Europe
- Asia Pacific
- Rest of the World
8. Global Flavoured Yogurt Powder Market Competitive Landscape
- Overview
- Company Market Ranking
- Key Development Strategies
9. Company Profiles
10. Appendix
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