Dry yogurt, also referred to as yogurt powder, is obtained by removing moisture from yogurt until only the powder is remaining. In the food and beverage industry, it is used in dips, sauces, gravies, frozen-based desserts, and beverage mixes. It is used in not only sweet products but also savoury ones. It has great anti-fungal and anti-bacterial properties and hence, it is also used in soaps, moisturizers, and body washes.
The following top manufacturers covered in this report
Ace International LLP
PreGel America, Inc.
C.P. Ingredients Ltd.
Bluegrass Dairy & Food, Inc.
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The demand for dry yogurt has been on the rise in recent years and dry yogurt is being seen as a replacement for conventional yogurt. This is because dry yogurt has a longer shelf life, unlike normal yogurt that needs to be refrigerated and has a shorter span, making the storage of dry yogurt much easier and more convenient. The cost of production and transport of dry yogurt is much lesser than that of conventional yogurt. Further, dry yogurt is available in many different flavors, therefore can be used to add flavour in various food products. Also, in the cosmetic industry, there is an increasing demand for natural ingredients in products, and since dry yogurt has many benefits on skin, this is also expected to fuel the demand for yogurt powder.
However, there are a few constraints that may deter market growth as well. The risk of lactose intolerance which can lead to acne, diarrhea, bloating, etc is a deterrent to the market. Having said that, constant product innovation with greater nutritive value can help boost the market growth. Some of the key players operating in the yogurt powder market include Jarrow Formulas Inc., Glampia Nutritionals, and Bempresa.
The dry yogurt market is segmented on the basis of application, product and distribution channels. On the basis of product, the market can be classified into skimmed, semi-skimmed and whole yogurt powder. With respect to application, it is fragmented into skincare products, food & beverage, bakery & confectionaries, and household. Segmenting with respect to the channel of distribution employed, it can be segmented into online retail, specialty stores, hypermarkets, and others.
Analysing the dry yogurt market on the basis of region, North America and Europe are the most profitable segments due to greater awareness among people. In Europe, dry yogurt finds extensive usage, owing to the highly developed bakery and food industry. The Middle-East is also a growing market, due to the high demand for cosmetics, and this leads to increased use of dry yogurt. South Asia is another attractive segment due to the consistent growth in the food and bakery industry in recent years.
Latest News in the Industry
According to a recent study by Future Market Insights, the dry yogurt market, which is valued at $200 million has great growth potential is expected to grow at 8% from 2019 to 2029. The study has shown that although more than 75% of the end-users prefer non-flavoured yogurt, the introduction of more flavors will increase the popularity of dry yogurt further. The study also showed that skimmed yogurt accounts for over 60% of the total consumption, followed by whole yogurt powder.
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Table of Contents –Analysis of Key Points
Global Dry Yogurt Sales, Revenue, Market Share and Competition by Manufacturer (2017-2018)
Dry Yogurt Global Market Analysis by Regions
North America Dry Yogurt by Country
Europe Dry Yogurt by Country
Asia-Pacific Dry Yogurt by Country
South America Dry Yogurt by Country
Africa and Middle East Dry Yogurt by Countries
Dry Yogurt Global Market Segment by Type
Dry Yogurt Global Market Segment by Application
Dry Yogurt Market Forecast (2019-2025)
Sales Channel, Distributors, Traders and Dealers
Research Findings and Conclusion
List of Tables and Figures
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