Published Date : 10 Aug 19 | Views: 75 | Industry : Food & Beverages
The global Yogurt Powders market is segmented into five segments such as by nature, by flavor, by sales channel, by product type, and by end-user. By nature, the global Yogurt Powders market is segmented into conventional and organic. By product type, various segments of the market are whole yogurt powder, semi-skimmed yogurt powder, and skimmed yogurt powder. According to the analyst, skimmed yogurt powder is foretold to grab a major market share followed by various other segments. Skimmed Yogurt Powder is consumed for reducing body fat and avoid obesity-related diseases.
Regionally, Europe is anticipated to acquire a large market share in the global Yogurt Powders market due to increasing health awareness among people. Yogurt is highly consumed by people in North America, which is prophesied to showcase remarkable growth in the upcoming years. Apart from these regions, Asia Pacific is also riding on the demand for Yogurt Powders because of multiple reasons such as the presence of a strong number of consumers, product innovation, and the growing trend of yogurt mixes.
The major market participants functioning in the market are Schwarzwaldmilch GmbH, Glanbia Nutritionals, Kerry Inc., All American Foods, Inc., Baltima Sp. z.o.o., BioGrowing Co. Ltd., Döhler Dahlenburg GmbH, Ornua Co-operative Limited, Prolactal GmbH, Bartex Sp. z.o.o., EPI Ingredients, PreGel America, Inc., CP Ingredients Ltd., Grand Custom Ingredients Group, Almil AG, Dr. Otto Suwelack Nachf. GmbH & Co. KG, Ostmilch Handels GmbH, Bayerische Milchindustrie eG, Armor Proteines, Bempresa Ltd., Lactoland Trockenmilchwerk GmbH, Ballantyne Foods Pty. Ltd., Bluegrass Dairy & Food, Inc., Enka Süt., and ACE International LLP.
Increasing demand for probiotics which are beneficial for the digestive system could be one of the driving factors for the growing demand of Yogurt Powder. Apart from this, the ever-growing trend for food fortification and clean label products are foreseen to attract the growth of the global Yogurt Powders market. Yogurt Powders have a longer shelf life as compared to fresh yogurt thus Yogurt Powders have high demand in the foodservice and food processing industries. Additionally, Yogurt Powders have several health benefits, which is anticipated to witness concrete growth in the global Yogurt Powders market. Growing awareness about the nutritional value associated with the consumption of Yogurt Powders is supporting market growth.