Yogurt Powder Market was valued at US$ 523.1 million in 2018 and is estimated to grow at a CAGR of 6.9% and will touch the value of US$ 834.5 million by the completion of the year 2025. This could be attributed to an extensive demand in the skin care and cosmetics industry apart from food & beverage one.
Yogurt powder, also known as
“dried yogurt”, as the name suggests, comes across as one of the dairy products
obtained by removal of moisture from yogurt. The present scenario is such that
yogurt powder finds its presence in ice-cream, dips, and various other frozen
dairy-based desserts, beverage mixes, and sauces & gravies. Now coming to
skin care – it finds its way through moisturizers, soaps, body wash; thanks to
its natural anti-fungal and anti-bacterial properties.
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Market Synopsis of Yogurt Powder Market:
The other factor driving the
yogurt powder market is its long shelf life. Plus, it’s highly soluble, has
high protein content, and is low in calories. This makes it suitable to be used
in dips (like hummus). The trend catching up is product innovation via
improvement in food technology, awareness regarding nutrition, flavor fusion;
and not to forget “taste”.
Market Segmentation:
The yogurt powder industry is
segmented on the basis of distribution channel, application, product, and
geography. By product, the segmentation goes like whole yogurt powder,
semi-skimmed yogurt powder, and skimmed yogurt powder. By distribution channel,
the fragmentation goes like specialty stores, online retail, departmental
stores, hypermarkets/supermarkets, and others. By application, the same market
says bakery & confectionaries, household, skin care products &
cosmetics, and food & beverage. By geography, the market states North
America, Asia Pacific, Europe, LATAM, and MEA.
Regional Insights:
Asia Pacific is expected to be
the torchbearer for yogurt powder market. This is due to the booming food &
beverage industry. Europe comes in second; more because France is the fashion
capital of the world. North America also keeps the cash register running.
Players
The players contributing to the
yogurt powder market include Urban Platter, Jarrow Formulas Inc., WinCrest Bulk
Foods Inc., Bluegrass Dairy & Food Inc., Grande Cheese Company, Armor
Proteines, Prolactal, and Bempresa.
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Table of Contents:-
Chapter 1 Methodology and Scope
Chapter 2 Executive Summary
Chapter 3 Yogurt Powder: Market
Variables, Trends & Scope
Chapter 4 Yogurt Powder: Product
Estimates & Trend Analysis
Chapter 5 Yogurt Powder:
Application Estimates & Trend Analysis
Chapter 6 Yogurt Powder: End-use
Estimates & Trend Analysis
Chapter 7 Yogurt Powder:
Industrial End-use Estimates & Trend Analysis
Chapter 8 Yogurt Powder: Regional
Estimates & Trend Analysis
Chapter 9 Competitive Landscape
Chapter 10 Yogurt Powder:
Manufacturers Company Profiles
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