Extraordinary Vietnam fraud case exposes the inherent vulnerabilities of banks 
PUMA x Ottolinger Unveil Futuristic Collection Inspired by Motorsport and Sci-Fi 
Tesla Nears FSD Licensing Deal with Major Automaker, Hits 1.3 Billion Milestone 
Grand Hyatt Tokyo Teams Up with Pokémon Sleep for a Unique Stay Experience 
Asahi Kasei to Build EV Battery Plant in Canada to Supply Key Parts to Honda Motor 
SK Networks Sets Up AI Research Lab in Silicon Valley 
Huawei Introduces Smart Driving Software Brand Qiankun 
PepsiCo Surpasses $18 Billion Revenue Expectations Amid Strong International Demand 
Tesla to Lay Off 2,700 in Austin, Over 3,300 in California Under Restructuring Scheme 
IBM Acquires HashiCorp, Giving Its Hybrid-Cloud Business a Boost 
US Supreme Court Signals Support for Starbucks in Landmark Labor Law Case 
LG Energy Solution to Combat Infringement By Launching Licensing Business for Battery Patents 
Tesla Cybertruck Hits 1,000-Unit Weekly Production Amid Q1 Financial Shortfalls 
Visa's Q2 Earnings Surpass Expectations, Fueled by Consumer Spending 
Supreme Court appears open to Starbucks’ claims in labor-organizing case 
LATAM Airlines Abandons Plans to Acquire Boeing B737 Planes Amid Gol Bankruptcy 
Boeing Provides $425 Million Financial Support for Spirit AeroSystems Amid Production Challenges 
SEATTLE, Nov. 23, 2017 -- According to Coherent Market Insights, the kefir market was valued at US$ 1,233.6 million in 2016 and is projected to witness a CAGR of 8.35% over the forecast period (2017–2025). Kefir is a probiotic drink and health benefits associated with its consumption includes, improving immunity, increased bone strength, enhanced digestion, and reducing the risk of osteoporosis and asthma.
To know the latest trends and insights prevalent in this market, click the link below:
https://www.coherentmarketinsights.com/market-insight/kefir-market-1044
Key Trends and Analysis of the Kefir Market:
- Among product types, organic kefir segment held a dominant position in 2016 and is expected to retain its dominance throughout the forecast period. Increased demand for organic food among consumers in developed regions of Europe and North America has contributed to market growth. According to the U.S Department of Agriculture, 4% of total food sales in the U.S. in 2016 were organic products.
- Among distribution channel, the supermarket and hypermarket segments held a dominant position in the market in 2016. According to the Organic Trade Association, 93% of all organic product sales in 2016 were through these channels.
Request Sample Copy of the Business Report
Key Market Takeaways:
- Europe accounted for the largest revenue share in the global kefir market, followed by North America in 2016. Increased incidence of osteoporosis in these regions due to a rising geriatric population is expected to boost growth of the market. According to Population Reference Bureau, Statistics Canada and EU, the geriatric population in North America was 51 million and 94 million in Europe in 2016, which has bolstered the kefir market growth.
- Asia Pacific is projected to be the fastest growing region with CAGR of 9.04% over the forecast period. According to the American Chemical Society, on an average, 90% of the population in Japan, South Korea, and China suffers from some form of lactose mal-absorption which is expected to boost market growth in the region.
- Major players in the market include Lifeway Foods Inc., Groupe Danone, and Fresh Made Inc. Companies such as Bio-tiful Dairy, Wallaby Yogurt, and Lifeway Foods Inc. launched organic kefir products in 2017 in order to cater to increasing demand for organic kefir.
Contact Us:
Mr. Shah
Coherent Market Insights
1001 4th Ave.
#3200
Seattle, WA 98154
Tel: +1-206-701-6702
Email: [email protected]
