Yogurt powder refers to a dairy product manufactured using a procedure that helps in removing moisture from yogurt and leaving behind only dry matter of yogurt. Increased popularity of yogurt-powder-based food products in all worldwide locations is foreseen to boost the expansion of the global yogurt powder market during the assessment period of 2020 to 2030.
An upcoming research report by Transparency Market Research on the yogurt powder market delivers complete analysis of drivers, restraints, growth opportunities, and challenges in the market. Apart from this, the study provides reliable insights on key players, competitive landscape, and various strategies used by market players to gain upper hand over their competitors. Thus, the report works as a helpful tool to gain all important insights of the yogurt powder market during 2020–2030.
The study performs segmentation of the global yogurt powder market based on many important parameters including product, distribution channel, application, and region. Depending on distribution channel, the market for yogurt powder is classified into supermarkets/hypermarkets, online retail, departmental stores, specialty stores, and others.
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Greek yogurt powder finds application in the production of ice cream, dips, and other frozen dairy-based desserts. Apart from this, it is widely used in the manufacturing of beverage mixes and sauces and gravies. In addition to this, increased use of semi-skimmed yogurt powder, whole yogurt powder, and skimmed yogurt powder in various food recipes is likely to push the growth of the global yogurt powder market.
Greek yogurt power is gaining traction across the globe owing to its natural antifungal and antibacterial properties. It is increasingly used the production of various skin care products including moisturizers, soaps, and body wash. Thus, increased demand for all these products is likely to spur sales opportunities in the global yogurt powder market in the years ahead.
With existence of numerous active enterprises, the competitive landscape of the yogurt powder market is seems to be highly intense. Thus, many vendors are using organic as well as inorganic strategies to expand their businesses and gain sturdy position in the market for yogurt power.
Several enterprises in the global yogurt powder market are growing investments in research activities. Through this strategy, they are eyeing development of innovative products. This aside, many enterprises in the global market for yogurt powder are focused on improving the nutritional value as well as taste of their products. All these activities are estimated to result in the promising growth of the global yogurt power market in the forthcoming years.
The report profiles following key players working in the global yogurt powder market:
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Europe, North America, LAMEA, and Asia Pacific are important regions of the global yogurt powder market. Of all regions, Europe is one of the dominant regions of the market for yogurt powder. The Europe yogurt powder market is expected to continue its dominance during the assessment period of 2020 to 2030. Key reason for this scenario is presence of substantial customer base of yogurt powder in this region. This aside, the market for yogurt powder is projected to gain the advantage of increased awareness about health benefits of various yogurt powder-based products in the region.
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