The growing number of product launches will drive the global cultured dairy products market growth during the forecast period. Development of new products with Improved taste and versatility, along with high marketing support, has led to the launch of several new products in the recent past. Kefir drinks in organic fruit flavors, non-Greek yogurt products, single serve cups of cottage cheese in various fruit flavors, and protein kefir is some of the products launched in the past few years by major vendors. With several new products expected to be launched during the forecast period, the cultured dairy products market outlook is positive, and the market will continue to grow.
The growing demand for organic cultured dairy products is one of the critical cultured dairy products market trends that will impact the growth of the market in the coming years. Organic food and beverage products are gaining prominence owing to the numerous health benefits associated with these products. These products are priced higher in comparison to conventional products and hence are considered as a niche product segment. However, the willingness of consumers to pay extra for organic products have encouraged several manufacturers to launch organic cultured dairy products. The cultured dairy products market forecast report predicts that fueled by these factors, the market will grow at a CAGR of over 7% during the forecast period.
Top cultured dairy products companies covered in this market research report
The cultured dairy products market is moderately fragmented and in the growth stage. By offering a complete analysis of the market’s competitive landscape and with information on the products offered by the companies, this cultured dairy products industry analysis report will aid clients to identify and design new growth strategies.
The report offers a complete analysis of various companies including:
Fonterra Co-operative Group
Cultured dairy products market segmentation based on geographic regions
According to global cultured dairy products market analysis, EMEA will lead the cultured dairy products market share till the end of the forecast period. However, the APAC region will account for the highest cultured dairy products market growth in the next five years.
Cultured dairy products market segmentation based on products
Cheddar cheese and cream cheese
Yogurt will continue to dominate the cultured dairy products market share during the forecast period. Market analysts have identified that the yogurt segment will witness the highest cultured dairy products. Additionally, the report also provides an accurate prediction of the contribution of the various products segments to the growth of the cultured dairy products market size.
Key highlights of the global cultured dairy products market for the forecast years 2018-2022:
CAGR of the market during the forecast period 2018-2022
Detailed information on factors that will accelerate the growth of the cultured dairy products market during the next five years
Precise estimation of the global cultured dairy products market size and its contribution to the parent market
Accurate predictions on upcoming trends and changes in consumer behavior
Growth of the cultured dairy products industry across the Americas, APAC, and EMEA
A thorough analysis of the market’s competitive landscape and detailed information on several vendors
Comprehensive details on the factors that will challenge the growth of cultured dairy products companies
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