Yogurt Powder Market Size, Share, Growth and Analysis Report, 2025

Posted by Ryan Shaw on October 10th, 2019

The global Yogurt Powder Market size is expected to reach USD 834.5 million by 2025, according to a new report by Grand View Research, Inc. It is anticipated to expand at a CAGR of 6.9% during the forecast period. Changing dietary preferences of consumers and increasing adoption of healthier diets are the key factors for driving the growth. Yogurt powder is a rich source of vitamin B6, vitamin B12, calcium, vitamin D, protein, and riboflavin among other nutrients, which in turn is anticipated to fuel the product demand.

Key manufacturers are expanding distribution channels by launching new supermarkets, warehouses, and exclusive stores to increase the product visibility and customer reach across developed countries. For instance, in January 2017, EasiYo, yogurt brand from New Zealand announced its partnership with Ornua Nutrition Ingredients (ONI), a U.K. based supplier of nutritional ingredients to expand its supply chain in Europe. The production facility is utilized for packaging and distribution of full range of natural and flavored yogurt powder and other products for the Europe market. This strategic move is expected to boost offline availability of the product in near future.

Europe held the largest market share of 31.5% in 2018. Over the past few years, major players operating in the regional yogurt powder market are adopting marketing strategies such as innovative product launches to cater to the increasing demand for powder and dehydrated yogurt from confectionery and bakery industry. For instance, in September 2018, Epi Ingrédients launched an innovative and high-protein content yogurt based powder under the brand name SoBenefik. Such new product launches are anticipated to bode well for the overall market growth.

Browse Details of Report @
https://www.grandviewresearch.com/industry-analysis/yogurt-powder-market

Further key findings from the report suggest:

• In terms of revenue, Asia Pacific is projected to witness the fastest CAGR of 7.3% from 2019 to 2025
• Skimmed yogurt powder product segment is expected to witness the fastest CAGR of 7.1% during the forecast period
• Europe held the largest market share of 31.5% in terms of revenue 2018

Key players operating in the yogurt powder market include Glanbia Nutritionals; Epi Ingrédients; Kerry Inc.; Batory Foods; Bluegrass Dairy & Food, Inc.; Prolactal GmbH; CP Ingredients; Ace International LLP; EasiYo; and ENKA SÜT A.S.