Yoghurt Powder Market - Industry Analysis, Market Size, Share, Trends, Application Analysis, Growth And Forecast 2020-2025

Report Code: FBR 13351 Report Format: PDF + Excel (Delivery in 48 Hrs)

Yoghurt Powder Market Overview 

Yoghurt Powder Market size is estimated to be $582 Million in 2019, growing at a CAGR of 6.5% during the forecast period 2020-2025. Yogurt powder, which is also known as dried yogurt, is a dairy product attained by the procedure in which the moisture is removed from yogurt till only the dry matter is left. Yogurt Powder is made from fresh milk, involving process like pasteurization, evaporation and then spray drying. It adds the tangy and distinct tart yogurt flavor to a variety of applications in ice cream, frostings, smoothies, whipped cream/toppings, icings, and more without adding moisture and also in confectionery coatings like nutrition bars, dried fruits, snacks and cereal inclusions. It is rich in protein, calcium, vitamin D, riboflavin, vitamin B6, and vitamin B12. It provides longer and more stable shelf life and is an instant cold-water soluble yogurt premix which offer a range of flavored yogurt that includes original flavor, strawberry flavor and others. It has numerous health benefits for skin and is widely used as a natural & organic ingredient by skin care and cosmetics manufacturers, which drives the growth of the market.

Report Coverage

The report: “Yoghurt Powder Market – Forecast (2020-2025)”, by IndustryARC covers an in-depth analysis of the following segments of the Yoghurt Powder Market. 
By Product Type: Skimmed Yogurt Powder, Whole Yogurt Powder and Semi-Skimmed Yogurt Powder.
By Application: Food & Beverage - Sports & Nutrition Beverage, Dips & Dressings, Nutritional & Snack Bars, Fillings, Frozen Novelties, Bakery & Confectionary and Others, Cosmetic & Skin Care Products and Household.
By Distribution Channel: E-Commerce, Specialty Stores, Supermarkets/Hypermarkets and Others.
By Geography: North America, Europe, Asia-Pacific and Rest of the World.

Key Takeaways

  • The increase in the consumption of yogurt powder owing towards its natural antibacterial and antifungal properties, accelerating the demand of the product therefore, supporting market’s growth. 
  • Increasing adoption of the product in meals and salad dressings for the flavor as well as nutrition is expected to drive the demand of yogurt powder.
  • The high prevalence is anticipated to propel the demand for nutrient-dense foods, which in turn is likely to be the major driving factor for the market’s growth.
  • Europe region is anticipated to record the fastest growth rate during the forecast period 2020-2025, attributed to the increasing demand of yoghurt in breakfast recipes in the region coupled with the customer’s awareness regarding its health benefits.

By Product Type - Segment Analysis

In 2019, Skimmed Yogurt Powder segment dominated the Yoghurt Powder Market in terms of revenue and is estimated to grow at a CAGR of 7.0% owing towards rising adoption of healthy lifestyle, low fat content and nutritious diet. The skimmed milk yogurt powder is made from fresh milk that is cultured, pasteurized and then spray dried. It has excellent flavor, high protein content, and amino acid used in confectionery, snacking as well as in dry blended formulas and in yoghurt ice cream. It is widely used for adding tangy yogurt flavor to variety toppings, icings, smoothies, frosting and other frozen products without the additional moisture of the fresh yogurt abetting towards the growth of the market.

Geography - Segment Analysis

In 2019, Europe region dominated Yoghurt Powder Market in terms of revenue with a market share of more than 33% owing towards rising public & private funding for R&D and also consumer awareness regarding the health benefits of the product in this region. Rising consumer preference for nutritious and healthy food products owing to increasing aging population and prevalence of obesity is expected to drive the regional growth of the market. It is majorly used as a key ingredient for manufacturing soups, meal replacement bars, and beverages. It is also used in non-dairy food preparations aids to the market growth. Government has taken initiatives to promote technological advancements and initiatives to escalate the production process are key factors in the growth of the Yoghurt Powder market. Asia Pacific is expected to record the fastest growth rate during the forecast period 2020-2025. 

Drivers – Yoghurt Powder Market

  • Increasing Health Conscious Consumers and Ease of Availability of Product

The increasing number of health conscious consumers and ease of availability of the product globally aids growth to the market. Consumers are becoming more conscious about gut health, as the prevalence of health conditions associated with digestive system is increasing at a high pace. The preference of consumer towards natural ingredients is widely accepted by manufacturers, which further fuel the growth of the market. Significant investments in R&D facilities for the improvement of manufacturing processes of food products, innovate, and add value to them in terms of nutritional profile drives the markets growth.

Challenges – Yoghurt Powder Market

  • Risk of Lactose Intolerance

Rising cases of lactose intolerance in the population is the key factor hindering the market growth in the near future. Lactose intolerance further leads to the diarrhea, acne, gas and bloating, thus, restricting the consumption of yoghurt powder reducing its demand. Further, lack of sufficient storage facilities, vulnerability to transportation is hindering the market’s growth. 

Yoghurt Powder Industry Outlook 

Product Launches, Merger & Acquisition, joint ventures and R&D activities are key strategies adopted by the players in Yoghurt Powder Industry. Yoghurt Powder top 10 companies include Armor Protines, Bempresa, Biogrowing Co. Ltd, Bluegrass Dairy And Food Inc., Grande Cheese Company, Jarrow Formulas Inc., Prolactal, Sweet Pomona Group Pty Ltd, Urban Platter and Wincrest Bulk Foods Inc.

Acquisitions/Product Launches

  • In November 2018, Armor Protines, a producer of dairy components for the infant nutrition area launched solutions that meet all the needs of the nutrition industry, such as demineralized whey, whey proteins concentrate, milk minerals like calcium, lactose for the manufacturing of finished products Infant Milk Formulas.
  • In February 2015, Jarrow Formulas Inc. entered into partnership with Natural Partners, a company that helps integrated health practitioners gain access to professional-grade vitamins and nutritional supplements. This partnership between two companies bolsters the one-stop-shop experience for customers.
1. Yoghurt Powder Market Overview
    1.1 Definitions and Scope
2. Yoghurt Powder Market - Executive Summary
    2.1 Market Revenue, Market Size and Key Trends 
    2.2 Key trends by Product Type
    2.3 Key trends by Distribution Channel
    2.4 Key trends by Application
    2.5 Key rends by Geography
3. Yoghurt Powder Market 
    3.1 Market Share Analysis
    3.2 Comparative Analysis
        3.2.1 Product Benchmarking – Key Companies
        3.2.2 Patent Analysis
        3.2.3 Pricing Analysis
        3.2.4 Financial Analysis– Key Companies
4. Yoghurt Powder Market - Startup Companies Scenario Premium
    4.1 Key Startup Company Analysis by
        4.1.1 Investment
        4.1.2 Revenue
        4.1.3 Venture Capital and Funding Scenario
5. Yoghurt Powder Market – Industry Market Entry Scenario Premium Premium
    5.1 Regulatory Framework Overview
    5.2 New Business and Ease of Doing Business Index
    5.3 Case Studies of Successful Ventures
6. Yoghurt Powder Market - Forces
    6.1 Market Drivers
    6.2 Market Constraints/Challenges
    6.3 Porters Five Force Model
        6.3.1 Bargaining power of suppliers
        6.3.2 Bargaining powers of customers
        6.3.3 Threat of new entrants
        6.3.4 Rivalry among existing players
        6.3.5 Threat of substitutes 
7. Yoghurt Powder Market – Strategic Analysis
    7.1 Value Chain Analysis
    7.2 Opportunities Analysis
    7.3 Market Life Cycle
8. Yoghurt Powder Market – By Product Type (Market Size –$Million/$Billion)
    8.1 Skimmed Yogurt Powder
    8.2 Whole Yogurt Powder
    8.3 Semi-Skimmed Yogurt Powder
9. Yoghurt Powder Market – By Application (Market Size –$Million/$Billion)
    9.1 Food & Beverage
        9.1.1 Sports & Nutrition Beverage
        9.1.2 Dips & Dressings
        9.1.3 Nutritional & Snack Bars
        9.1.4 Fillings
        9.1.5 Frozen Novelties
        9.1.6 Bakery & Confectionary 
        9.1.7 Others
    9.2 Cosmetic & Skin Care Products
    9.3 Household
10. Yoghurt Powder Market – By Distribution Channel (Market Size –$Million/$Billion)
    10.1 E-Commerce
    10.2 Specialty Stores
    10.3 Supermarkets/Hypermarkets
    10.4 Others
11. Yoghurt Powder Market - By Geography (Market Size –$Million/$Billion)
    11.1 North America
        11.1.1 U.S.
        11.1.2 Canada
        11.1.3 Mexico
    11.2 Europe
        11.2.1 U.K.
        11.2.2 Germany
        11.2.3 France
        11.2.4 Italy
        11.2.5 Spain
        11.2.6 Rest of Europe
    11.3 Asia-Pacific
        11.3.1 China
        11.3.2 India
        11.3.3 Japan
        11.3.4 South Korea
        11.3.5 Australia & New Zealand
        11.3.6 Rest of Asia-Pacific
    11.4 Rest of the World
        11.4.1 Middle East
        11.4.2 Africa
        11.4.3 South America
12. Yoghurt Powder Market - Entropy
13. Yoghurt Powder Market – Industry/Segment Competition Landscape   Premium 
    13.1 Market Share Analysis
        13.1.1 Market Share by Region – Key companies
        13.1.2 Market Share by Countries – Key Companies
        13.1.3 Best Practices for Companies
14. Yoghurt Powder Market – Key Company List by Country Premium Premium
15. Yoghurt Powder Market Company Analysis
    15.1 Company 1
    15.2 Company 2
    15.3 Company 3
    15.4 Company 4
    15.5 Company 5
    15.6 Company 6
    15.7 Company 7
    15.8 Company 8
    15.9 Company 9
    15.10 Company 10
"*Financials for private companies would be provided on a best efforts basis”.

LIST OF TABLES

1.Global YOGURT POWDER MARKET BY PRODUCT TYPE Market 2019-2024 ($M)
1.1 SKIMMED YOGURT POWDER Market 2019-2024 ($M) - Global Industry Research
1.2 SEMI-SKIMMED YOGURT POWDER Market 2019-2024 ($M) - Global Industry Research
1.3 WHOLE YOGURT POWDER Market 2019-2024 ($M) - Global Industry Research
2.Global YOGURT POWDER MARKET BY DISTRIBUTION CHANNEL Market 2019-2024 ($M)
2.1 ONLINE RETAIL Market 2019-2024 ($M) - Global Industry Research
2.2 SPECIALTY STORES Market 2019-2024 ($M) - Global Industry Research
2.3 SUPERMARKETS/HYPERMARKETS Market 2019-2024 ($M) - Global Industry Research
2.4 DEPARTMENTAL STORES Market 2019-2024 ($M) - Global Industry Research
3.Global YOGURT POWDER MARKET BY PRODUCT TYPE Market 2019-2024 (Volume/Units)
3.1 SKIMMED YOGURT POWDER Market 2019-2024 (Volume/Units) - Global Industry Research
3.2 SEMI-SKIMMED YOGURT POWDER Market 2019-2024 (Volume/Units) - Global Industry Research
3.3 WHOLE YOGURT POWDER Market 2019-2024 (Volume/Units) - Global Industry Research
4.Global YOGURT POWDER MARKET BY DISTRIBUTION CHANNEL Market 2019-2024 (Volume/Units)
4.1 ONLINE RETAIL Market 2019-2024 (Volume/Units) - Global Industry Research
4.2 SPECIALTY STORES Market 2019-2024 (Volume/Units) - Global Industry Research
4.3 SUPERMARKETS/HYPERMARKETS Market 2019-2024 (Volume/Units) - Global Industry Research
4.4 DEPARTMENTAL STORES Market 2019-2024 (Volume/Units) - Global Industry Research
5.North America YOGURT POWDER MARKET BY PRODUCT TYPE Market 2019-2024 ($M)
5.1 SKIMMED YOGURT POWDER Market 2019-2024 ($M) - Regional Industry Research
5.2 SEMI-SKIMMED YOGURT POWDER Market 2019-2024 ($M) - Regional Industry Research
5.3 WHOLE YOGURT POWDER Market 2019-2024 ($M) - Regional Industry Research
6.North America YOGURT POWDER MARKET BY DISTRIBUTION CHANNEL Market 2019-2024 ($M)
6.1 ONLINE RETAIL Market 2019-2024 ($M) - Regional Industry Research
6.2 SPECIALTY STORES Market 2019-2024 ($M) - Regional Industry Research
6.3 SUPERMARKETS/HYPERMARKETS Market 2019-2024 ($M) - Regional Industry Research
6.4 DEPARTMENTAL STORES Market 2019-2024 ($M) - Regional Industry Research
7.South America YOGURT POWDER MARKET BY PRODUCT TYPE Market 2019-2024 ($M)
7.1 SKIMMED YOGURT POWDER Market 2019-2024 ($M) - Regional Industry Research
7.2 SEMI-SKIMMED YOGURT POWDER Market 2019-2024 ($M) - Regional Industry Research
7.3 WHOLE YOGURT POWDER Market 2019-2024 ($M) - Regional Industry Research
8.South America YOGURT POWDER MARKET BY DISTRIBUTION CHANNEL Market 2019-2024 ($M)
8.1 ONLINE RETAIL Market 2019-2024 ($M) - Regional Industry Research
8.2 SPECIALTY STORES Market 2019-2024 ($M) - Regional Industry Research
8.3 SUPERMARKETS/HYPERMARKETS Market 2019-2024 ($M) - Regional Industry Research
8.4 DEPARTMENTAL STORES Market 2019-2024 ($M) - Regional Industry Research
9.Europe YOGURT POWDER MARKET BY PRODUCT TYPE Market 2019-2024 ($M)
9.1 SKIMMED YOGURT POWDER Market 2019-2024 ($M) - Regional Industry Research
9.2 SEMI-SKIMMED YOGURT POWDER Market 2019-2024 ($M) - Regional Industry Research
9.3 WHOLE YOGURT POWDER Market 2019-2024 ($M) - Regional Industry Research
10.Europe YOGURT POWDER MARKET BY DISTRIBUTION CHANNEL Market 2019-2024 ($M)
10.1 ONLINE RETAIL Market 2019-2024 ($M) - Regional Industry Research
10.2 SPECIALTY STORES Market 2019-2024 ($M) - Regional Industry Research
10.3 SUPERMARKETS/HYPERMARKETS Market 2019-2024 ($M) - Regional Industry Research
10.4 DEPARTMENTAL STORES Market 2019-2024 ($M) - Regional Industry Research
11.APAC YOGURT POWDER MARKET BY PRODUCT TYPE Market 2019-2024 ($M)
11.1 SKIMMED YOGURT POWDER Market 2019-2024 ($M) - Regional Industry Research
11.2 SEMI-SKIMMED YOGURT POWDER Market 2019-2024 ($M) - Regional Industry Research
11.3 WHOLE YOGURT POWDER Market 2019-2024 ($M) - Regional Industry Research
12.APAC YOGURT POWDER MARKET BY DISTRIBUTION CHANNEL Market 2019-2024 ($M)
12.1 ONLINE RETAIL Market 2019-2024 ($M) - Regional Industry Research
12.2 SPECIALTY STORES Market 2019-2024 ($M) - Regional Industry Research
12.3 SUPERMARKETS/HYPERMARKETS Market 2019-2024 ($M) - Regional Industry Research
12.4 DEPARTMENTAL STORES Market 2019-2024 ($M) - Regional Industry Research
13.MENA YOGURT POWDER MARKET BY PRODUCT TYPE Market 2019-2024 ($M)
13.1 SKIMMED YOGURT POWDER Market 2019-2024 ($M) - Regional Industry Research
13.2 SEMI-SKIMMED YOGURT POWDER Market 2019-2024 ($M) - Regional Industry Research
13.3 WHOLE YOGURT POWDER Market 2019-2024 ($M) - Regional Industry Research
14.MENA YOGURT POWDER MARKET BY DISTRIBUTION CHANNEL Market 2019-2024 ($M)
14.1 ONLINE RETAIL Market 2019-2024 ($M) - Regional Industry Research
14.2 SPECIALTY STORES Market 2019-2024 ($M) - Regional Industry Research
14.3 SUPERMARKETS/HYPERMARKETS Market 2019-2024 ($M) - Regional Industry Research
14.4 DEPARTMENTAL STORES Market 2019-2024 ($M) - Regional Industry Research

LIST OF FIGURES

1.US Yoghurt Powder Market Revenue, 2019-2024 ($M)
2.Canada Yoghurt Powder Market Revenue, 2019-2024 ($M)
3.Mexico Yoghurt Powder Market Revenue, 2019-2024 ($M)
4.Brazil Yoghurt Powder Market Revenue, 2019-2024 ($M)
5.Argentina Yoghurt Powder Market Revenue, 2019-2024 ($M)
6.Peru Yoghurt Powder Market Revenue, 2019-2024 ($M)
7.Colombia Yoghurt Powder Market Revenue, 2019-2024 ($M)
8.Chile Yoghurt Powder Market Revenue, 2019-2024 ($M)
9.Rest of South America Yoghurt Powder Market Revenue, 2019-2024 ($M)
10.UK Yoghurt Powder Market Revenue, 2019-2024 ($M)
11.Germany Yoghurt Powder Market Revenue, 2019-2024 ($M)
12.France Yoghurt Powder Market Revenue, 2019-2024 ($M)
13.Italy Yoghurt Powder Market Revenue, 2019-2024 ($M)
14.Spain Yoghurt Powder Market Revenue, 2019-2024 ($M)
15.Rest of Europe Yoghurt Powder Market Revenue, 2019-2024 ($M)
16.China Yoghurt Powder Market Revenue, 2019-2024 ($M)
17.India Yoghurt Powder Market Revenue, 2019-2024 ($M)
18.Japan Yoghurt Powder Market Revenue, 2019-2024 ($M)
19.South Korea Yoghurt Powder Market Revenue, 2019-2024 ($M)
20.South Africa Yoghurt Powder Market Revenue, 2019-2024 ($M)
21.North America Yoghurt Powder By Application
22.South America Yoghurt Powder By Application
23.Europe Yoghurt Powder By Application
24.APAC Yoghurt Powder By Application
25.MENA Yoghurt Powder By Application
26.JARROW FORMULAS INC., Sales /Revenue, 2015-2018 ($Mn/$Bn)
27.URBAN PLATTER, Sales /Revenue, 2015-2018 ($Mn/$Bn)
28.WINCREST BULK FOODS INC, Sales /Revenue, 2015-2018 ($Mn/$Bn)
29.SWEET POMONA GROUP PTY LTD, Sales /Revenue, 2015-2018 ($Mn/$Bn)
30.ARMOR PROTINES, Sales /Revenue, 2015-2018 ($Mn/$Bn)
31.BLUEGRASS DAIRY AND FOOD INC, Sales /Revenue, 2015-2018 ($Mn/$Bn)
32.GRANDE CHEESE COMPANY, Sales /Revenue, 2015-2018 ($Mn/$Bn)
33.BIOGROWING CO. LTD, Sales /Revenue, 2015-2018 ($Mn/$Bn)
34.PROLACTAL, Sales /Revenue, 2015-2018 ($Mn/$Bn)
35.BEMPRESA, Sales /Revenue, 2015-2018 ($Mn/$Bn)