The yogurt powder market hit a value of US$ 200 million in 2019. On the basis of region, North America and Europe holds the largest revenue share. Middle East and Africa is likely to witness potential growth in this market through 2029. Though COVID-19 might have reduced the consumption due to lesser transportation yet need for quality food and inclination towards healthier lifestyle will remain the same, helping the industry revive soon.

In its new study, ESOMAR-certified market research and consulting firm Future Market Insights (FMI) offers insights about key factors driving demand for yogurt powder market. The report covers a forecast and an analysis of the yogurt powder market on a global and regional level. The study contains information on drivers and restraints affecting the yogurt powder market. The report also uncovers hidden opportunities for the market over the course of the forecast period, 2021-2031.

For more insights into the market, request a sample of this report@ https://www.futuremarketinsights.com/reports/sample/rep-gb-7871

“Investment is seen largely in marketing of attractive packaging solutions. Leading players are now collaborating with product manufacturers for a better insight into the scenario and to strengthen their regional market scenario. Need for skimmed yogurt powder in bakeries and household segments will drive the market at a considerable pace,” states the FMI Analyst.

Yogurt Powder Market – Important Takeaways

• North America and Europe holds the largest revenue share while Middle East region is set to witness better growth.
• Leading players are working on marketing, higher compatibility and innovation of products to accelerate market growth.
• Global yogurt powder market will register a CAGR value of 7.5% through the forecast period (2029-2029).
• Product wise, skimmed yogurt powder will present better investment opportunities as the market is expected to expand.

Yogurt Powder Market – Driving Factors

• Innumerable use of yogurt powder in food, bakery, beverages, household, cosmetic and personal car is driving the market.
• Visible expanding preference for diet conscious meals and addition of probiotics in diets will help the market witness steady growth.
• There is an increasing demand for skimmed yogurt powder in North America and Europe due to rising number of health conscious population.
• Owing to rising income, shifting life-style and investments by international companies, competitive structure will be shaped.

For Information On The Research Approach Used In The Report, Ask Analyst @ https://www.futuremarketinsights.com/ask-question/rep-gb-7871

Yogurt Powder Market – Key Restraints

• Entry of new players can be at stake due to higher cost competition.
• Poor product innovation is affecting the market growth negatively.

Expected Impact on Market by Coronavirus Outbreak

Falling in the food and beverage industry, yogurt powder market is likely to revive soon because people are shifting to a better and healthier lifestyle. Manufacturing and production of raw materials required is easily available but due to slower trade process on account of social distancing, market can face pressure too. Though food retail and manufacturers might experience loss yet the demand is only going to increase due to the benefit it provides.

Competitive Landscape

Major players in the market include Glanbia Plc, Epi Ingredients, Ace International LLP, Almil AG and Kerry Inc., All of these leading players work on building collaborations with major manufacturers to magnify their production capacity.

Some of the leading companies operating in the yogurt powder market are:

• Glanbia PLC
• Epi Ingredients SAS
• Bempresa Ltd.
• Armor Protéines
• Döhler Dahlenburg
• C.P. Ingredients Ltd
• Bluegrass Dairy & Food, Inc.
• Dr. Suwelack
• Kerry Group
• Bayerische Milchindustrie eG
• PreGel AMERICA, Inc.
• ACE International LLP
• Ballantyne
• BALTIMA Sp. z o.o.
• Biogrowing

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Yogurt powder Market by Category

Product type

• Skimmed Yogurt Powder
• Semi-Skimmed Yogurt Powder
• Whole Yogurt Powder

Nature

• Organic
• Conventional

Flavour

• Regular
• Flavoured
  • Berries
  • Vanilla
  • Chocolate
  • Peach
  • Mango
  • Banana
  • Apple
  • Others (Passion Fruit, Blends)

Application

• Food Industry
  • Dips and Dressings
  • Fillings
  • Bakery
  • Nutrition and Snack Bar
  • Desserts
  • Frozen Novelties
  • Dry Mixes
  • Others (Meat Products, Cereals)
• Beverages
• Cosmetics and Personal Care

End Use

• Household
• HoReCa
• Industrial
  • Food and Beverage Processors
  • Cosmetic Manufacturers

Key Questions Answered in the Lactose Report

Q1. Which is the most lucrative market for yogurt powder?

Q2. Which type of yogurt powder is highly sought-after?

Q3. Which technology is most used by yogurt powder production?

Q4. Which are some of the leading companies offering yogurt powder?

Q5. Which end user is driving yogurt powder sales?