[FURL=https://www.industryarc.com/Research/Yoghurt-Powder-Market-Research-507384]Yoghurt Powder Market [/FURL] 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. 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.
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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.
Drivers – Yoghurt Powder Market
Increasing Health Conscious Consumers and Ease of Availability of Product
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.
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