Fermented Dairy Products Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis
Fermented Dairy Products are considered as those products which contain probiotics that provide various health benefits. Fermented dairy products are formed by the inoculation of enzymes and culture, which basically converts lactose to lactic acid. During the conversion process, many substances are released, such as diacetyl, acetic acid, acetaldehyde, and many other substances, which mostly helps in imparting aroma and taste to the products. The bacterial strain which is mostly used for the fermentation process is lactobacillus and Bifidobacterium.
MARKET DYNAMICS
The change in the consumer lifestyle has made the consumers demand more healthy products, which is going to drive the fermented dairy products market. The product contains probiotic bacteria, which provides various health benefits to the consumers. Lactose intolerant consumers increase the demand for fermented dairy products as these products are easy to digest as compared to unfermented milk. The fermentation process helps in increasing the shelf life of the dairy products and also enhances the aroma and taste of the product, which will drive the market.
MARKET SCOPE
The "Global Fermented Dairy Products Market Analysis to 2028" is a specialized and in-depth study of the food and beverages industry with a special focus on the global market trend analysis. The report aims to provide an overview of the fermented dairy products market with detailed market segmentation by product type, sales channel and geography. The global fermented dairy products market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading fermented dairy products market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The Global Fermented Dairy Products Market is segmented on the basis of product type, and sales channel. On the basis of product type, the market is segmented into yogurt, kefir, sour cream, buttermilk and others. On the basis of sales channel, the market is segmented into hypermarket and supermarket, convenience stores, online and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global fermented dairy products market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The fermented dairy products market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the fermented dairy products market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the fermented dairy products market in these regions.
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global fermented dairy products market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The fermented dairy products market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the fermented dairy products market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the fermented dairy products market in these regions.
MARKET PLAYERS
The reports cover key developments in the fermented dairy products market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from fermented dairy products market are anticipated to lucrative growth opportunities in the future with the rising demand for fermented dairy products in the global market. Below mentioned is the list of few companies engaged in the fermented dairy products market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the fermented dairy products market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- DSM
- Nestle Health Science
- Parmalat S.p.A
- Arla Foods Ingredients Group P/S
- Chobani, LLC.
- Danone SA
- GENERAL MILLS INC
- Yotsuba Milk Products Co.,Ltd
- FrieslandCampina
- Yakult
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Fermented Dairy Products Market - By Product Type
1.3.2 Fermented Dairy Products Market - By Sales Channel
1.3.3 Fermented Dairy Products Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. FERMENTED DAIRY PRODUCTS MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PORTER'S FIVE FORCES ANALYSIS
4.2.1 Bargaining Power of Buyers
4.2.1 Bargaining Power of Suppliers
4.2.1 Threat of Substitute
4.2.1 Threat of New Entrants
4.2.1 Competitive Rivalry
4.3. EXPERT OPINIONS
5. FERMENTED DAIRY PRODUCTS MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. FERMENTED DAIRY PRODUCTS MARKET - GLOBAL MARKET ANALYSIS
6.1. FERMENTED DAIRY PRODUCTS - GLOBAL MARKET OVERVIEW
6.2. FERMENTED DAIRY PRODUCTS - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. FERMENTED DAIRY PRODUCTS MARKET - REVENUE AND FORECASTS TO 2028 - PRODUCT TYPE
7.1. OVERVIEW
7.2. PRODUCT TYPE MARKET FORECASTS AND ANALYSIS
7.3. YOGURT
7.3.1. Overview
7.3.2. Yogurt Market Forecast and Analysis
7.4. KEFIR
7.4.1. Overview
7.4.2. Kefir Market Forecast and Analysis
7.5. SOUR CREAM
7.5.1. Overview
7.5.2. Sour Cream Market Forecast and Analysis
7.6. BUTTERMILK
7.6.1. Overview
7.6.2. Buttermilk Market Forecast and Analysis
7.7. OTHERS
7.7.1. Overview
7.7.2. Others Market Forecast and Analysis
8. FERMENTED DAIRY PRODUCTS MARKET - REVENUE AND FORECASTS TO 2028 - SALES CHANNEL
8.1. OVERVIEW
8.2. SALES CHANNEL MARKET FORECASTS AND ANALYSIS
8.3. HYPERMARKET AND SUPERMARKET
8.3.1. Overview
8.3.2. Hypermarket and Supermarket Market Forecast and Analysis
8.4. CONVENIENCE STORES
8.4.1. Overview
8.4.2. Convenience Stores Market Forecast and Analysis
8.5. ONLINE
8.5.1. Overview
8.5.2. Online Market Forecast and Analysis
8.6. OTHERS
8.6.1. Overview
8.6.2. Others Market Forecast and Analysis
9. FERMENTED DAIRY PRODUCTS MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Fermented Dairy Products Market Overview
9.1.2 North America Fermented Dairy Products Market Forecasts and Analysis
9.1.3 North America Fermented Dairy Products Market Forecasts and Analysis - By Product Type
9.1.4 North America Fermented Dairy Products Market Forecasts and Analysis - By Sales Channel
9.1.5 North America Fermented Dairy Products Market Forecasts and Analysis - By Countries
9.1.5.1 United States Fermented Dairy Products Market
9.1.5.1.1 United States Fermented Dairy Products Market by Product Type
9.1.5.1.2 United States Fermented Dairy Products Market by Sales Channel
9.1.5.2 Canada Fermented Dairy Products Market
9.1.5.2.1 Canada Fermented Dairy Products Market by Product Type
9.1.5.2.2 Canada Fermented Dairy Products Market by Sales Channel
9.1.5.3 Mexico Fermented Dairy Products Market
9.1.5.3.1 Mexico Fermented Dairy Products Market by Product Type
9.1.5.3.2 Mexico Fermented Dairy Products Market by Sales Channel
9.2. EUROPE
9.2.1 Europe Fermented Dairy Products Market Overview
9.2.2 Europe Fermented Dairy Products Market Forecasts and Analysis
9.2.3 Europe Fermented Dairy Products Market Forecasts and Analysis - By Product Type
9.2.4 Europe Fermented Dairy Products Market Forecasts and Analysis - By Sales Channel
9.2.5 Europe Fermented Dairy Products Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Fermented Dairy Products Market
9.2.5.1.1 Germany Fermented Dairy Products Market by Product Type
9.2.5.1.2 Germany Fermented Dairy Products Market by Sales Channel
9.2.5.2 France Fermented Dairy Products Market
9.2.5.2.1 France Fermented Dairy Products Market by Product Type
9.2.5.2.2 France Fermented Dairy Products Market by Sales Channel
9.2.5.3 Italy Fermented Dairy Products Market
9.2.5.3.1 Italy Fermented Dairy Products Market by Product Type
9.2.5.3.2 Italy Fermented Dairy Products Market by Sales Channel
9.2.5.4 United Kingdom Fermented Dairy Products Market
9.2.5.4.1 United Kingdom Fermented Dairy Products Market by Product Type
9.2.5.4.2 United Kingdom Fermented Dairy Products Market by Sales Channel
9.2.5.5 Russia Fermented Dairy Products Market
9.2.5.5.1 Russia Fermented Dairy Products Market by Product Type
9.2.5.5.2 Russia Fermented Dairy Products Market by Sales Channel
9.2.5.6 Rest of Europe Fermented Dairy Products Market
9.2.5.6.1 Rest of Europe Fermented Dairy Products Market by Product Type
9.2.5.6.2 Rest of Europe Fermented Dairy Products Market by Sales Channel
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Fermented Dairy Products Market Overview
9.3.2 Asia-Pacific Fermented Dairy Products Market Forecasts and Analysis
9.3.3 Asia-Pacific Fermented Dairy Products Market Forecasts and Analysis - By Product Type
9.3.4 Asia-Pacific Fermented Dairy Products Market Forecasts and Analysis - By Sales Channel
9.3.5 Asia-Pacific Fermented Dairy Products Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Fermented Dairy Products Market
9.3.5.1.1 Australia Fermented Dairy Products Market by Product Type
9.3.5.1.2 Australia Fermented Dairy Products Market by Sales Channel
9.3.5.2 China Fermented Dairy Products Market
9.3.5.2.1 China Fermented Dairy Products Market by Product Type
9.3.5.2.2 China Fermented Dairy Products Market by Sales Channel
9.3.5.3 India Fermented Dairy Products Market
9.3.5.3.1 India Fermented Dairy Products Market by Product Type
9.3.5.3.2 India Fermented Dairy Products Market by Sales Channel
9.3.5.4 Japan Fermented Dairy Products Market
9.3.5.4.1 Japan Fermented Dairy Products Market by Product Type
9.3.5.4.2 Japan Fermented Dairy Products Market by Sales Channel
9.3.5.5 South Korea Fermented Dairy Products Market
9.3.5.5.1 South Korea Fermented Dairy Products Market by Product Type
9.3.5.5.2 South Korea Fermented Dairy Products Market by Sales Channel
9.3.5.6 Rest of Asia-Pacific Fermented Dairy Products Market
9.3.5.6.1 Rest of Asia-Pacific Fermented Dairy Products Market by Product Type
9.3.5.6.2 Rest of Asia-Pacific Fermented Dairy Products Market by Sales Channel
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Fermented Dairy Products Market Overview
9.4.2 Middle East and Africa Fermented Dairy Products Market Forecasts and Analysis
9.4.3 Middle East and Africa Fermented Dairy Products Market Forecasts and Analysis - By Product Type
9.4.4 Middle East and Africa Fermented Dairy Products Market Forecasts and Analysis - By Sales Channel
9.4.5 Middle East and Africa Fermented Dairy Products Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Fermented Dairy Products Market
9.4.5.1.1 South Africa Fermented Dairy Products Market by Product Type
9.4.5.1.2 South Africa Fermented Dairy Products Market by Sales Channel
9.4.5.2 Saudi Arabia Fermented Dairy Products Market
9.4.5.2.1 Saudi Arabia Fermented Dairy Products Market by Product Type
9.4.5.2.2 Saudi Arabia Fermented Dairy Products Market by Sales Channel
9.4.5.3 U.A.E Fermented Dairy Products Market
9.4.5.3.1 U.A.E Fermented Dairy Products Market by Product Type
9.4.5.3.2 U.A.E Fermented Dairy Products Market by Sales Channel
9.4.5.4 Rest of Middle East and Africa Fermented Dairy Products Market
9.4.5.4.1 Rest of Middle East and Africa Fermented Dairy Products Market by Product Type
9.4.5.4.2 Rest of Middle East and Africa Fermented Dairy Products Market by Sales Channel
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Fermented Dairy Products Market Overview
9.5.2 South and Central America Fermented Dairy Products Market Forecasts and Analysis
9.5.3 South and Central America Fermented Dairy Products Market Forecasts and Analysis - By Product Type
9.5.4 South and Central America Fermented Dairy Products Market Forecasts and Analysis - By Sales Channel
9.5.5 South and Central America Fermented Dairy Products Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Fermented Dairy Products Market
9.5.5.1.1 Brazil Fermented Dairy Products Market by Product Type
9.5.5.1.2 Brazil Fermented Dairy Products Market by Sales Channel
9.5.5.2 Argentina Fermented Dairy Products Market
9.5.5.2.1 Argentina Fermented Dairy Products Market by Product Type
9.5.5.2.2 Argentina Fermented Dairy Products Market by Sales Channel
9.5.5.3 Rest of South and Central America Fermented Dairy Products Market
9.5.5.3.1 Rest of South and Central America Fermented Dairy Products Market by Product Type
9.5.5.3.2 Rest of South and Central America Fermented Dairy Products Market by Sales Channel
10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. FERMENTED DAIRY PRODUCTS MARKET, KEY COMPANY PROFILES
11.1. ARLA FOODS INGREDIENTS GROUP P/S
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. CHOBANI, LLC.
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. DANONE SA
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. DSM
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. FRIESLANDCAMPINA
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. GENERAL MILLS INC
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. NESTLE HEALTH SCIENCE
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. PARMALAT S.P.A
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. YAKULT
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. YOTSUBA MILK PRODUCTS CO.,LTD
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
1.Arla Foods Ingredients Group P/S
2.Chobani, LLC.
3.Danone SA
4.DSM
5.FrieslandCampina
6.GENERAL MILLS INC
7.Nestle Health Science
8.Parmalat S.p.A
9.Yakult
10.Yotsuba Milk Products Co.,Ltd
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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