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Yoghurt Powder Market Share

Report ID: GMI6285
Published Date: Jul 2023
Report Format: PDF

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Yoghurt Powder Market Share

Some of the major companies operating in the yoghurt powder market are:

Nestlé S.A.
Danone S.A.
General Mills, Inc.
Yakult Honsha Co., Ltd.
FrieslandCampina N.V.
The Kraft Heinz Company, Chobani, LLC
Lactalis Group
Kerry Group plc, Agrana Beteiligungs-AG
Morinaga Milk Industry Co., Ltd.
Alpro (Part of Danone), Schreiber Foods
Inc., Almira Holding A.?.
Chr. Hansen Holding A/S

These companies focus on strategic partnerships, new product launch & commercialization for market expansion. Furthermore, these companies are heavily investing in research that allows them to introduce innovative products and garner maximum revenue in the market.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

The market size of yoghurt powder reached USD 290 million in 2022 and is set to reach USD 568.1 million by the end of 2032, due to rising adoption as an ingredient in various food and beverage products, such as bakery goods, desserts, smoothies, and frozen treats.

The plain application segment recorded 60% of the market share in 2022 and is expected to grow at lucrative pace by 2032, driven by rising usage in sweet and savory dishes, including desserts, dressings, marinades, sauces, dips, and smoothies.

U.S. market size dominated around USD 47.4 million in 2022 and is anticipated to witness significant pace from 2023 to 2032, led by the large consumption of bakery goods, desserts, smoothies, and frozen treats in the country.

Nestlé S.A., Danone S.A., General Mills, Inc., Yakult Honsha Co., Ltd., FrieslandCampina N.V., The Kraft Heinz Company, Chobani, LLC, Lactalis Group, Kerry Group plc, Agrana Beteiligungs-AG, and Morinaga Milk Industry Co., Ltd. are some of the major yoghurt powder suppliers.