Yogurt Powder Market Revenue Drivers, Growth Opportunities, Value Chain Analysis and Forecast Research Report
“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 by the completion of the year 2025.”
The global Yogurt Powder Market research report provides complete insights on industry scope, trends, regional estimates, key application, competitive landscape and financial performance of prominent players. It also offers ready data-driven answers to several industry-level questions. This study enables numerous opportunities for the market players to invest in research and development. Market Overview: 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 by the completion of the year 2025. This could be attributed to extensive demand in the skincare and cosmetics industry apart from the 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 skincare – it finds its way through moisturizers, soaps, body wash; thanks to its natural anti-fungal and anti-bacterial properties. 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”.