Yogurt Buds: Market outlook
The healthy halo image of yogurt tied with the organoleptic properties make yogurt and yogurt-derived products one of the most desirable and cherished ingredients in the food and beverage industry. Yogurt buds are concentrated dairy-derived powder that is obtained after the processing of fresh and cultured milk. Yogurt buds are concentrates processed with yogurt fat by enzymatic modification. Yogurt buds have tangy base notes and cultured yogurt-like middle note. Yogurt buds are widely used in the food and beverage industry to enhance the sensorial, aesthetic, and nutritional appeal of various food products. The use of yogurt buds in the food and beverage processing industry is extensive and not restricted to a specific type of product. Yogurt buds not only used for flavor masking and flavor enhancement of the product; instead, it is also used to add-on nutritional value to the end product. Yogurt buds have a high nutrient composition, which makes its addition to food products irreplaceable. The increased shelf life of yogurt buds is an additional benefit as compared to that of yogurt. The use of yogurt buds is also growing among foodservice providers. Yogurt buds are being used in the bakery industry as a sprinkler or as a filling for food products. Besides, increasing demand for dairy-derived and artificial flavors in various sectors is anticipated to boost the demand for yogurt buds over the forecast period.
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Growing Popularity for Dairy-derived Flavors and Increasing Demand for Yogurt is Anticipated to Boost the Demand for Yogurt Buds
Rising population and changing dietary patterns of the consumers are creating a strong market position for the dairy industry. The growing dairy sector is considered to be the critical factor driving the growth for yogurt buds over the forecast period. Besides, growing urbanization, increasing purchasing power, and improving living standards are making consumers shift towards food products which have both sensorial appeal and nourishing values. Yogurt buds are a dairy-derived concentrated powder which is used in the food and beverage industry to add flavor and nutritional qualities to the end products and hence is witnessing strong demand. The second driver backing the growing demand for yogurt buds is the innovation in the food and beverage industry. The increasing research and development activities and growing innovation in the food and beverage industry are leading to the development of new ingredients, formulations, and products. The new products and growing food and beverage capabilities are providing growth prospects for yogurt buds over the forecast years. Increasing health and wellness consciousness among boomers and millennials is pushing manufacturers to offer products that not only are tasteful but are also health benefiting. The health benefits associated with yogurt has led manufacturers to incorporate yogurt-derived powder called yogurt buds in their formulations. This is further boosting the growth of yogurt buds in the near future.
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Global Yogurt Buds: Market Segmentation
On the basis of nature, global yogurt buds can be segmented as:-
On the basis of end use, global yogurt buds can be segmented as:-
- Dairy Products
- Spreadable & Dips
- Seasonings, Marinades & Blends
- Ready-to-eat Foods
- Processed Foods
- Functional Foods
Global Yogurt Buds: Key Players
Some the key players operating their business in the global yogurt buds market are Butter Bud Inc., and Butter Buds Food Ingredients among others.
- The rising trend for clean label products and ingredients among the consumers due to growing health and wellness awareness is creating intense pressure on the manufacturers of the yogurt buds to offer organic and natural products to cater to the changing consumers eating habit. Organic and clean labeling claims will provide an extra edge to the market players operating in the yogurt buds market.
Opportunities for Yogurt Buds Market Participants:
The market for yogurt buds is anticipated to witness a lucrative demand in North America owing to the booming market for packaged and processed food and beverages. Besides, growing popularity and increasing market penetration for yogurt and yogurt derived flavors, and awareness regarding health benefits of yogurt is again boosting the demand for yogurt buds in North America. Also, Europe is likely to have a substantial market share of yogurt buds credited to the increasing use of dairy-derived flavorings in the region.
The yogurt buds market report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the yogurt buds market, including but not limited to: regional markets, nature, and end use.
The study is a source of reliable data on:
- Yogurt buds market segments and sub-segments
- Market trends and dynamics
- Supply and demand
- Market size
- Current trends/opportunities/challenges
- Competitive landscape
- Technological breakthroughs
- Value chain and stakeholder analysis
The regional analysis covers:
- North America (U.S. and Canada)
- Latin America (Mexico, Brazil, Peru, Chile, and others)
- Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
- Eastern Europe (Poland and Russia)
- Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
- Middle East and Africa (GCC, Southern Africa, and North Africa)
The yogurt buds market report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.
A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the yogurt buds market report projects the attractiveness of each major segment over the forecast period.
Highlights of the Yogurt Buds market report:
- A complete backdrop analysis, which includes an assessment of the parent market
- Important changes in market dynamics
- Market segmentation up to the second or third level
- Historical, current, and projected size of the market from the standpoint of both value and volume
- Reporting and evaluation of recent industry developments
- Market shares and strategies of key players
- Emerging niche segments and regional markets
- An objective assessment of the trajectory of the yogurt buds market
- Recommendations to companies for strengthening their foothold in the yogurt buds market
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.