Yogurt Powder Market: Globally Expected to Drive Growth through 2019-2029

Posted by Shirish Wadaskar on May 21st, 2019

The approximately US$ 200 million market for yogurt powder will witness strong yearly growth of 8% in 2019, according to a recent research study of Future Market Insights (FMI). The report opines that significant demand for yogurt powder will be generated by foodservice operators and food processors, in the near future.

While nearly 3/4th of the total consumption of yogurt powder is accounted by the industrial end user base, the rate of yogurt powder consumption has been recently witnessing rapid increase within the HoReCa sector. More than 75% of the end user base still prefers regular or non-flavored yogurt powder, whereas with increasing introduction of innovative products in the powdered yogurt category, the popularity of flavored yogurt powder is highly likely to elevate in coming years. According to the report, vanilla and berries are more likely to emerge popular among consumers of yogurt powder.

Over 3/5th of the yogurt powder consumed globally is skimmed type, followed by whole yogurt powder. The report attributes higher popularity of skimmed yogurt powder to extensive usage in meat products, dry mixes, processed cheese, ice creams and other frozen dairy-based desserts, infant formula, and confectionary.

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Yogurt Powder Becoming a Natural & Organic Ingredient for Cosmetic & Personal Care Brands

Although more than 85% of the yogurt powder is consumed for application in food and beverage products, more prominently in bakery and dry mixes, FMI’s analysis points to rapidly increasing application of yogurt powder in the cosmetic and personal care industry.

The beauty and personal care circle is accelerating the industry’s shift to natural and organic ingredients, which has resulted in the widespread availability of a massive natural/organic product line-ups in the cosmetic and personal care industry. Moreover, the trend has been receiving strong support with emergence of the clean label trend, catering to evolving consumer demands. According to a recent survey conducted for the period of past 12 months, nearly 50% of the UK’s beauty products’ consumer base looked for products manufactured using natural ingredients.