Asia Pacific Kefir Market Size & Outlook, 2019-2027
Asia Pacific kefir market, 2016-2027 (US$M)
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Asia Pacific kefir market highlights
- The Asia Pacific kefir market generated a revenue of USD 189.2 million in 2019.
- The market is expected to grow at a CAGR of 5.6% from 2020 to 2027.
- In terms of segment, animal milk based was the largest revenue generating product in 2019.
- Milk Substitute Based is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, Japan is expected to register the highest CAGR from 2020 to 2027.
Asia Pacific data book summary
| Market revenue in 2019 | USD 189.2 million |
| Market revenue in 2027 | USD 293.4 million |
| Growth rate | 5.6% (CAGR from 2019 to 2027) |
| Largest segment | Animal milk based |
| Fastest growing segment | Milk Substitute Based |
| Historical data covered | 2016 - 2018 |
| Base year for estimation | 2019 |
| Forecast period covered | 2020 - 2027 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Animal Milk Based, Milk Substitute Based |
| Key market players worldwide | Lifeway Foods Inc, Emmi AG, Maple Hill Creamery, Green Valley Natural Solutions, Danone North America, findhelp, a Public Benefit Corporation, Nancy's Probiotic Foods, Lactalis, Forager Project, KeVita |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 19.2% of the global kefir market in 2019.
- Globally, Europe is projected to lead the regional market in terms of revenue in 2027.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 293.4 million by 2027.
Key Regions: Japan , U.S. , UK , UAE , New Zealand
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Kefir Market Scope
Kefir Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Asia Pacific kefir market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to kefir market will help companies and investors design strategic landscapes.
Animal milk based was the largest segment with a revenue share of 69.71% in 2019. Horizon Databook has segmented the Asia Pacific kefir market based on animal milk based, milk substitute based covering the revenue growth of each sub-segment from 2016 to 2027.
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Target buyers of Asia Pacific kefir market databook
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Our clientele includes a mix of kefir market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific kefir market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific kefir market from 2016 to 2027, including revenue numbers, major trends, and company profiles.
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Asia Pacific kefir market size, by country, 2016-2027 (US$M)
Asia Pacific Kefir Market Outlook Share, 2019 & 2027 (US$M)
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