Yogurt Powder Market
Yogurt Powder Market
The market for Yogurt Powder was estimated at $902.16 million in 2024; it is anticipated to increase to $1.38 billion by 2030, with projections indicating growth to around $1.96 billion by 2035.
Global Yogurt Powder Market Outlook
Revenue, 2024 (US$M)
Forecast, 2034 (US$B)
CAGR, 2024 - 2034
Dried yogurt powder is made by extracting water from yogurt to create an easily pourable dairy ingredient with key nutrients akin to fresh yogurt. It is commonly incorporated in baking recipes and cooked dishes well as in instant meals and nutritious drinks. Current preferences show a growing interest in using yogurt powder in health and wellness goods due, to the increasing number of health individuals.
Market Key Insights
- The Yogurt Powder market is projected to grow from $902.2 million in 2024 to $1.83 billion in 2034. This represents a CAGR of 7.3%, reflecting rising demand across Bakery and Confectionery Products, Cosmetic and Personal Care and Nutritional Supplements.
- Epi Ingredients together with C.P. Ingredients Ltd and Batory Foods lead the market as major competitors which determine its competitive dynamics.
- U.S. and China are the top markets within the Yogurt Powder market and are expected to observe the growth CAGR of 4.7% to 7.0% between 2024 and 2030.
- Emerging markets including Brazil, United Arab Emirates and South Africa are expected to observe highest growth with CAGR ranging between 8.4% to 10.1%.
- The Yogurt Powder market will experience a $135.1 million increase in growth through 2030 because of the transition toward healthier eating habits.
- The Yogurt Powder market is set to add $923 million between 2024 and 2034, with manufacturer targeting Dairy Products & Dietary Supplements Application projected to gain a larger market share.
- With The surging demand for dairy alternatives, and The rising health consciousness, Yogurt Powder market to expand 102% between 2024 and 2034.
Opportunities in the Yogurt Powder
Manufacturers in the yogurt powder industry could partner with companies in sectors like baking and sweets to take advantage of the growing demand for ingredients, in those areas and enhance their products nutritional content by incorporating yogurt powder for a distinctive flavor profile and added nutritional benefits through strategic partnerships that foster innovation and help reach new customer segments.
Growth Opportunities in North America and Europe
North America Outlook
Europe Outlook
Market Dynamics and Supply Chain
Driver: The Surging Demand for Dairy Alternatives, and Technological Advancements in Food Processing
The increasing focus on health and well being is also influencing decisions in the food and drink sector these days. Equipped with probiotics that are also beneficial for gut health yogurt powder has also captured the interest of a considerable number of health conscious individuals. Research highlighting the advantages of probiotics in fighting illnesses and enhancing immunity is also driving the growth of the yogurt powder market. It is also not only a key component in dietary supplements but also finds applications, in nutraceuticals and pharmaceutical products.
Restraint: Restrictions on Additives
Opportunity: Overcoming Freshness Constraints and Catering to the On-the-Go Consumer
In today's moving world where people are constantly on the go and looking for quick and easy meal choices to fit their busy schedules and lifestyles there is a rising demand for convenient food options that can be prepared rapidly. The versatility of yogurt powder in being added to a variety of dishes and drinks perfectly meets this demand suggesting significant opportunities, for market expansion ahead.
Challenge: High Production Cost
Supply Chain Landscape
Fonterra
Arla Foods
Kerry Group
Glanbia Plc
DHL
FedEx
Bakery Industry
Dairy Industry
Confectionery Industry
Fonterra
Arla Foods
Kerry Group
Glanbia Plc
DHL
FedEx
Bakery Industry
Dairy Industry
Confectionery Industry