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Yogurt Powder Market to Observe Nearly 7.5% CAGR Over 2019 to 2029 - Future Market Insights
: https://www.futuremarketinsights.com/reports/sample/rep-gb-7871
Over 3/5th of the yogurt powder consumed globally is skimmed type, followed by whole yogurt powder. The report attributes higher popularity of skimmed yogurt powder to extensive usage in meat products, dry mixes, processed cheese, ice creams and other frozen dairy-based desserts, infant formula, and confectionary.
Yogurt Powder Becoming a Natural & Organic Ingredient for Cosmetic & Personal Care Brands
Although more than 85% of the yogurt powder is consumed for application in food and beverage products, more prominently in bakery and dry mixes, FMI's analysis points to rapidly increasing application of yogurt powder in the cosmetic and personal care industry.
The beauty and personal care circle is accelerating the industry's shift to natural and organic ingredients, which has resulted in the widespread availability of a massive natural/organic product line-ups in the cosmetic and personal care industry. Moreover, the trend has been receiving strong support with emergence of the clean label trend, catering to evolving consumer demands. According to a recent survey conducted for the period of past 12 months, nearly 50% of the UK's beauty products' consumer base looked for products manufactured using natural ingredients.
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As yogurt has a proven set of benefits on skin health, it has been in use in the manufacturing of specialized personal care and cosmetic products. However, the convenience of incorporating powdered yogurt into a range of skin care or other cosmetic products positions yogurt powder as a more preferred ingredient among cosmetic and personal care brands.
Competition Insights: Yogurt Powder Market
Following North American and European food processing sectors, the food processing sector based in emerging Asian and Middle Eastern regions is also speeding up in terms of adoption of innovative ingredients such as yogurt powder. Popular products such as Greek Yogurt further attract a wider consumer base, pushing innovations in the yogurt powder landscape. Several leading players in yogurt powder market are focused on augmenting investments in R&D facilities – to exclusively target product innovations and novel strategies for market entry. Many manufacturers are also developing interest in yogurt mixes, creating a new trend wave in the competition landscape of yogurt powder market.
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FMI's research also finds that several yogurt powder manufacturers are leveraging billowing sales of high-protein, low- or no-fat products. A majority of companies operating in the yogurt powder market landscape offer low- or no-fat products that have been made from skimmed milk.
Recently, Epi Ingredients and Glanbia Nutritionals have come up with yogurt powder variants that have protein content as high as 60% with the significantly less fat content. These products have been receiving a strong consumer base within the foodservice and food processing sectors. Key applications of high-protein yogurt powder lie in nutritional bars, cereals, dry mixes, and energy drinks. Sports drinks and nutrition/protein bars have been cited as relatively more profitable categories for the manufacturers of yogurt powder.
For additional insights on the various other market aspects such as yogurt powder consumption patterns, applicability, end use areas, and competition strategies, write in to the analyst at press@futuremarketinsights.com
: https://www.futuremarketinsights.com/askus/rep-gb-7871
Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights and an aerial view of the competitive framework and future market trends.
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