31st March 2020 – Global YogurtPowder Market report offers the latest industry trends, technological
alteration and forecast data. A deep-dive view of Yogurt Powder industry based
on its size, growth, development plans, and opportunities is offered by this
report. The forecast information, SWOT analysis, Yogurt Powder barriers, and
feasibility study are the vital aspects evaluated in this report.
Market Tidbits:
The global 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 billion 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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Main features of the report:
·
To provide detailed analysis of
the market structure along with forecast of the various segments and
sub-segments of the global Yogurt Powder Market.
·
A complete backdrop analysis,
which includes an assessment of the parent market
·
Important changes in market
dynamics
·
Market segmentation up to the
second or third level
·
To provide country level
analysis of the market for segment by application, product type and
sub-segments.
·
To provide strategic profiling
of key players in the market, comprehensively analyzing their core
competencies, and drawing a competitive landscape for the market.
·
Track and analyze competitive
developments such as joint ventures, strategic alliances, mergers and
acquisitions, new product developments, and research and developments in the
global Yogurt Powder Market.
·
Emerging niche segments and
regional markets
·
An objective assessment of the
trajectory of the industry.
Market Scope:
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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