ACCESSWIRE
24 Feb 2021, 00:01 GMT+10
The demand for stomach-friendly probiotics is a primary driver of the worldwide market. Food suppliers from across the world have continued to provide sustainable or organic products as a result of strict legislation imposed by separate international organizations.
DUBAI, UAE / ACCESSWIRE / February 23, 2021 / FMI states in its recent study on the yogurt-powder market that the market will record a CAGR of 7.8% through 2031. Demand for yogurt powder is anticipated to continue surging due to Its use in flavored beverages, sweets, and dips.
'Sellers are focusing on offering organic products to gain traction from more consumers in the future. Some of the leading food brands have been aiming at capitalizing on available opportunities. This has led to a host of product launched.' says the FMI analyst.
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Yogurt powder Market - Important Highlights
Yogurt powder Market - Drivers
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Yogurt powder Market - Restraints
COVID-19 Impact on Yogurt powder Market
There is Increased demand for clean labeling and healthier goods. However, Producers are facing challenges due to the instability of the supply chain and they will need solutions to keep manufacturing facilities open and also to keep workers safe. In several nations, as the unlocking has started, it will also create resources for farmers and dairy farms. The well-established infrastructure of the dairy industry will offer a forum for suppliers of yogurt powder to import and export less expensive goods, which in turn will create more profits.
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Competitive Landscape
The yogurt powder market players are leaning towards the expansion of the production facilities besides opting for strategic collaborations to attain a competitive edge. For instance, With the acquisition of Watson, a US supplier of specialty nutrient premixes and ingredients, Nutritionals, an American supplier of innovative nutritional solutions, has expanded its conventional nutrient premix manufacturing presence in the US. A few of the key companies functioning in the global market include Glanbia PLC, Epi Ingredients SAS, Bempresa Ltd., Armor Protéines, Döhler Dahlenburg, C.P. Ingredients Ltd
About the Study
The study offers readers a comprehensive assessment of the yogurt powder market. Global, regional, and national-level analysis of the latest trends influencing the market is covered in this FMI report. The study provides insights based on product type (Skimmed Yogurt Powder, Semi-Skimmed Yogurt Powder, Whole Yogurt Powder), type (Regular, Flavoured), application(food industry, beverages, dietary supplements, personal care & cosmetics, and others), and across key regions (North America, Latin America, Europe, China, Asia Pacific, Middle East & Africa).
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About Future Market Insights
Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, the global financial capital, and has delivery centers in the U.S. and India. FMI's latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.
Contact
Mr. Abhishek Budholiya
Unit No: AU-01-H Gold Tower (AU), Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
MARKET ACCESS DMCC Initiative
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Report: https://www.futuremarketinsights.com/reports/yogurt-powder-market
Press Release Source: https://www.futuremarketinsights.com/press-release/yogurt-powder-market
SOURCE: Future Market Insights
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