Market Overview:
The global probiotic fermented milk market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for probiotic-rich food and beverages, rising awareness about the benefits of probiotics, and growing consumer preference for healthy and nutritious foods. The yogurt segment is expected to account for the largest share of the global probiotic fermented milk market in 2018, followed by kefir. The cheese segment is projected to grow at the highest CAGR during the forecast period. This growth can be attributed to increasing demand for artisanal cheeses that are made using traditional methods and contain high levels of probiotics. In terms of application, food & beverages accounted for a majority share of the global probiotic fermented milk market in 2017.
Product Definition:
Probiotic Fermented Milk is a type of fermented milk that has been enriched with probiotics. The addition of probiotics helps to promote the growth of healthy bacteria in the gut, which can improve digestive health. Probiotic Fermented Milk is also high in protein and calcium, making it a nutritious choice for people who want to improve their digestive health.
Yogurt:
Yogurt is a food product made from milk and is an excellent source of protein, calcium, vitamin B6 & riboflavin. It also contains small amounts of various other nutrients such as vitamins A & D; iron; potassium; and magnesium. The U.S has the highest consumption rate of yogurt in the world followed by Canada and then Europe (excluding Russia).
Kefir:
Kefir is a drinkable probiotic dairy product, which is made from milk and has live bacteria in it. It has been used traditionally in Europe and Asia as a digestive aid. Modern science has proven that the kefir products have many health benefits like they help improve gut health, reduce intestinal inflammation, prevent diarrhea and lactose intolerance along with providing other nutritional benefits to the body.
Application Insights:
The food and beverages application segment led the global market in 2017. Probiotic fermented milk products are used as functional ingredients in several food and beverage applications including bakery, dairy, cereals, snacks & nutrition bars, confectionery and others. The probiotic bacteria present in these foods have proven to be beneficial for human health owing to their ability to prevent chronic diseases such as heart disease by lowering blood pressure levels.
The cosmetics application segment is expected to witness a CAGR of XX% from 2018 to 2030 owingto its skin-soothing properties that help reduce inflammation of the skin caused due largely dueto harmful effects of UV rays on the skin. It helps improve elasticity and tone while reducing wrinkles over time which is likelyto propel demand over the forecast period.
Regional Analysis:
Europe was the largest regional market in 2017 owing to high consumption of probiotic fermented milk products. The U.K., Germany, and Italy are some of the major markets in Europe that consume a large amount of probiotic fermented milk products on account of their high levels of lactose intolerance. Asia Pacific is expected to be one of the fastest-growing regional markets with a CAGR exceeding 5% during the forecast period due to increasing health consciousness among consumers and rising disposable income levels in developing countries such as China, India, Thailand, South Korea, Indonesia etc. Moreover, increasing demand for dairy alternatives from developed countries will drive growth further.
Growth Factors:
- Increasing awareness about the benefits of probiotics is driving the growth of Probiotic Fermented Milk market.
- Rising demand for healthy and nutritious food products is another major factor fuelling the growth of Probiotic Fermented Milk market.
- Growing number of health-conscious consumers is also propelling the demand for Probiotic Fermented Milk products worldwide.
- Rapid urbanization and changing lifestyle trends are contributing to the increasing popularity of probiotics-rich foods such as Probiotic Fermented Milk products across different regions globally.
Scope Of The Report
Report Attributes
Report Details
Report Title
Probiotic Fermented Milk Market Research Report
By Type
Yogurt, Kefir, Cheese, Others
By Application
Food & Beverages, Cosmetics
By Companies
Danone, Nestle, Valio, FrieslandCampina, Danisco A/S, Lifeway Foods, Bio-K Plus International, General Mills, Morinaga Milk Industry, Mother Dairy Fruit & Vegetable Pvt Ltd
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
241
Number of Tables & Figures
169
Customization Available
Yes, the report can be customized as per your need.
Global Probiotic Fermented Milk Market Report Segments:
The global Probiotic Fermented Milk market is segmented on the basis of:
Types
Yogurt, Kefir, Cheese, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Food & Beverages, Cosmetics
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Danone
- Nestle
- Valio
- FrieslandCampina
- Danisco A/S
- Lifeway Foods
- Bio-K Plus International
- General Mills
- Morinaga Milk Industry
- Mother Dairy Fruit & Vegetable Pvt Ltd
Highlights of The Probiotic Fermented Milk Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Yogurt
- Kefir
- Cheese
- Others
- By Application:
- Food & Beverages
- Cosmetics
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Probiotic Fermented Milk Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Probiotic fermented milk is a dairy product that contains live probiotics, which are beneficial bacteria that help to improve gut health. Probiotic fermented milk can be enjoyed as an alternative to regular cow's milk or used in recipes.
Some of the major companies in the probiotic fermented milk market are Danone, Nestle, Valio, FrieslandCampina, Danisco A/S, Lifeway Foods, Bio-K Plus International, General Mills, Morinaga Milk Industry, Mother Dairy Fruit & Vegetable Pvt Ltd.
The probiotic fermented milk market is expected to grow at a compound annual growth rate of 7.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Probiotic Fermented Milk Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Probiotic Fermented Milk Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Probiotic Fermented Milk Market - Supply Chain
4.5. Global Probiotic Fermented Milk Market Forecast
4.5.1. Probiotic Fermented Milk Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Probiotic Fermented Milk Market Size (000 Units) and Y-o-Y Growth
4.5.3. Probiotic Fermented Milk Market Absolute $ Opportunity
5. Global Probiotic Fermented Milk Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Probiotic Fermented Milk Market Size and Volume Forecast by Type
5.3.1. Yogurt
5.3.2. Kefir
5.3.3. Cheese
5.3.4. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Probiotic Fermented Milk Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Probiotic Fermented Milk Market Size and Volume Forecast by Application
6.3.1. Food & Beverages
6.3.2. Cosmetics
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Probiotic Fermented Milk Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Probiotic Fermented Milk Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Probiotic Fermented Milk Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Probiotic Fermented Milk Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Probiotic Fermented Milk Demand Share Forecast, 2019-2026
9. North America Probiotic Fermented Milk Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Probiotic Fermented Milk Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Probiotic Fermented Milk Market Size and Volume Forecast by Application
9.4.1. Food & Beverages
9.4.2. Cosmetics
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Probiotic Fermented Milk Market Size and Volume Forecast by Type
9.7.1. Yogurt
9.7.2. Kefir
9.7.3. Cheese
9.7.4. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Probiotic Fermented Milk Demand Share Forecast, 2019-2026
10. Latin America Probiotic Fermented Milk Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Probiotic Fermented Milk Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Probiotic Fermented Milk Market Size and Volume Forecast by Application
10.4.1. Food & Beverages
10.4.2. Cosmetics
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Probiotic Fermented Milk Market Size and Volume Forecast by Type
10.7.1. Yogurt
10.7.2. Kefir
10.7.3. Cheese
10.7.4. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Probiotic Fermented Milk Demand Share Forecast, 2019-2026
11. Europe Probiotic Fermented Milk Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Probiotic Fermented Milk Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Probiotic Fermented Milk Market Size and Volume Forecast by Application
11.4.1. Food & Beverages
11.4.2. Cosmetics
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Probiotic Fermented Milk Market Size and Volume Forecast by Type
11.7.1. Yogurt
11.7.2. Kefir
11.7.3. Cheese
11.7.4. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Probiotic Fermented Milk Demand Share, 2019-2026
12. Asia Pacific Probiotic Fermented Milk Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Probiotic Fermented Milk Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Probiotic Fermented Milk Market Size and Volume Forecast by Application
12.4.1. Food & Beverages
12.4.2. Cosmetics
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Probiotic Fermented Milk Market Size and Volume Forecast by Type
12.7.1. Yogurt
12.7.2. Kefir
12.7.3. Cheese
12.7.4. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Probiotic Fermented Milk Demand Share, 2019-2026
13. Middle East & Africa Probiotic Fermented Milk Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Probiotic Fermented Milk Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Probiotic Fermented Milk Market Size and Volume Forecast by Application
13.4.1. Food & Beverages
13.4.2. Cosmetics
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Probiotic Fermented Milk Market Size and Volume Forecast by Type
13.7.1. Yogurt
13.7.2. Kefir
13.7.3. Cheese
13.7.4. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Probiotic Fermented Milk Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Probiotic Fermented Milk Market: Market Share Analysis
14.2. Probiotic Fermented Milk Distributors and Customers
14.3. Probiotic Fermented Milk Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Danone
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Nestle
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Valio
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. FrieslandCampina
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Danisco A/S
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Lifeway Foods
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Bio-K Plus International
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. General Mills
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Morinaga Milk Industry
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Mother Dairy Fruit & Vegetable Pvt Ltd
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
