Product Code: ETC13257055 | Publication Date: Apr 2025 | Updated Date: Jul 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Shubham Deep | No. of Pages: 190 | No. of Figures: 80 | No. of Tables: 40 |
According to 6Wresearch internal database and industry insights, the Global Fermented Milk Market was valued at USD 11.4 Billion in 2024 and is expected to reach USD 15.6 Billion by 2031, growing at a compound annual growth rate of 5.65% during the forecast period (2025-2031).
The Global Fermented Milk Market is experiencing steady growth driven by increasing consumer awareness of the health benefits associated with probiotic-rich dairy products. Fermented milk products such as yogurt, kefir, and buttermilk are gaining popularity due to their digestive health benefits, improved immunity, and overall well-being. The market is witnessing innovations in product formulations, flavors, and packaging to cater to diverse consumer preferences and lifestyles. Key players in the industry are focusing on product development, marketing strategies, and expanding distribution channels to capitalize on the growing demand for fermented milk products worldwide. Factors such as rising disposable incomes, changing dietary habits, and a growing emphasis on health and wellness are expected to further propel the growth of the Global Fermented Milk Market in the coming years.
The Global Fermented Milk Market is witnessing a surge in demand due to the growing consumer preference for healthier and functional dairy products. Probiotic-rich fermented milk products, such as kefir and yogurt, are gaining popularity for their digestive health benefits and immune-boosting properties. Additionally, the increasing awareness about lactose intolerance and the rise in vegan alternatives like plant-based fermented milk are driving market growth. Companies are innovating by introducing new flavors, packaging formats, and product varieties to cater to diverse consumer preferences. With the rise of online retail channels and the expansion of distribution networks in emerging economies, there are significant opportunities for market expansion and penetration. Overall, the Global Fermented Milk Market is poised for continued growth and innovation.
The Global Fermented Milk Market faces several challenges, including increasing competition from alternative plant-based milk products, fluctuating raw material costs, regulatory hurdles related to food safety and labeling requirements, and consumer preferences shifting towards probiotic supplements rather than fermented dairy products. Additionally, the perishable nature of fermented milk products leads to logistical challenges in terms of transportation and storage, especially in regions with inadequate cold chain infrastructure. Moreover, the ongoing COVID-19 pandemic has disrupted supply chains and consumer purchasing behaviors, impacting the market dynamics. To remain competitive, companies in the Global Fermented Milk Market need to innovate by introducing new flavors or functional ingredients, enhance their marketing strategies to educate consumers about the health benefits of fermented milk, and invest in sustainable production practices to address environmental concerns.
The Global Fermented Milk Market is primarily driven by the increasing consumer awareness regarding the health benefits associated with fermented dairy products, such as probiotic-rich yogurt and kefir. Growing demand for natural and nutritious food options, coupled with rising concerns about digestive health and immunity boosting properties, are fueling the market growth. Additionally, the trend towards clean-label products without artificial additives or preservatives is driving consumers towards fermented milk products as a wholesome and minimally processed option. Innovation in product formulations, flavors, and packaging, as well as the expanding availability of fermented dairy products through various distribution channels, are also contributing to the market expansion. The focus on promoting gut health and overall well-being is further propelling the growth of the Global Fermented Milk Market.
Government policies related to the Global Fermented Milk Market vary by country and region. In general, regulations focus on ensuring product safety, quality standards, and labeling requirements. Many countries have specific regulations for the production and marketing of fermented milk products, including requirements for ingredient sourcing, processing methods, and storage conditions. Additionally, some governments may provide subsidies or incentives to support the dairy industry or promote healthier food choices. Import-export regulations, tariffs, and trade agreements also impact the global fermented milk market, influencing market dynamics and competition. Overall, government policies play a significant role in shaping the regulatory environment and market conditions for fermented milk products worldwide.
The Global Fermented Milk Market is expected to witness steady growth in the coming years due to increasing consumer awareness about the health benefits of fermented dairy products. Factors such as rising disposable incomes, changing dietary preferences towards probiotic-rich foods, and growing demand for natural and functional food options are driving market growth. Additionally, the popularity of yogurt, kefir, and other fermented milk products as convenient on-the-go snacks is further contributing to market expansion. Technological advancements in fermentation processes, innovative product launches, and strategic marketing efforts by key players are anticipated to fuel market growth. However, challenges related to dairy allergies, lactose intolerance, and competition from plant-based alternatives may impact market dynamics. Overall, the Global Fermented Milk Market is poised for continued growth and innovation in the foreseeable future.
In the Global Fermented Milk Market, Asia is expected to exhibit significant growth due to the increasing consumption of traditional fermented dairy products like yogurt and kefir in countries like China, India, and Japan. North America and Europe are mature markets with a high demand for probiotic-rich fermented milk products, such as Greek yogurt and probiotic drinks. The Middle East and Africa region is witnessing a growing trend towards healthier food choices, leading to a rise in the consumption of fermented milk products. Latin America is also experiencing a surge in demand for fermented dairy products, driven by the rising awareness of the health benefits associated with probiotics. Overall, the global fermented milk market is poised for steady growth across all regions, fueled by the increasing popularity of probiotic-rich foods among consumers.
Global Fermented Milk Market |
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Global Fermented Milk Market Overview |
3.1 Global Regional Macro Economic Indicators |
3.2 Global Fermented Milk Market Revenues & Volume, 2021 & 2031F |
3.3 Global Fermented Milk Market - Industry Life Cycle |
3.4 Global Fermented Milk Market - Porter's Five Forces |
3.5 Global Fermented Milk Market Revenues & Volume Share, By Regions, 2021 & 2031F |
3.6 Global Fermented Milk Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.7 Global Fermented Milk Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Global Fermented Milk Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Global Fermented Milk Market Trends |
6 Global Fermented Milk Market, 2021 - 2031 |
6.1 Global Fermented Milk Market, Revenues & Volume, By Type, 2021 - 2031 |
6.1.1 Overview & Analysis |
6.1.2 Global Fermented Milk Market, Revenues & Volume, By Cheese, 2021 - 2031 |
6.1.3 Global Fermented Milk Market, Revenues & Volume, By Yogurt, 2021 - 2031 |
6.1.4 Global Fermented Milk Market, Revenues & Volume, By Butter, 2021 - 2031 |
6.1.5 Global Fermented Milk Market, Revenues & Volume, By Sour Cream, 2021 - 2031 |
6.1.6 Global Fermented Milk Market, Revenues & Volume, By Others, 2021 - 2031 |
6.2 Global Fermented Milk Market, Revenues & Volume, By Distribution Channel, 2021 - 2031 |
6.2.1 Overview & Analysis |
6.2.2 Global Fermented Milk Market, Revenues & Volume, By Specialty Stores, 2021 - 2031 |
6.2.3 Global Fermented Milk Market, Revenues & Volume, By Supermarket and Hypermarket, 2021 - 2031 |
6.2.4 Global Fermented Milk Market, Revenues & Volume, By Online Stores, 2021 - 2031 |
6.2.5 Global Fermented Milk Market, Revenues & Volume, By Others, 2021 - 2031 |
6.3.1 Overview & Analysis |
7 North America Fermented Milk Market, Overview & Analysis |
7.1 North America Fermented Milk Market Revenues & Volume, 2021 - 2031 |
7.2 North America Fermented Milk Market, Revenues & Volume, By Countries, 2021 - 2031 |
7.2.1 United States (US) Fermented Milk Market, Revenues & Volume, 2021 - 2031 |
7.2.2 Canada Fermented Milk Market, Revenues & Volume, 2021 - 2031 |
7.2.3 Rest of North America Fermented Milk Market, Revenues & Volume, 2021 - 2031 |
7.3 North America Fermented Milk Market, Revenues & Volume, By Type, 2021 - 2031 |
7.4 North America Fermented Milk Market, Revenues & Volume, By Distribution Channel, 2021 - 2031 |
8 Latin America (LATAM) Fermented Milk Market, Overview & Analysis |
8.1 Latin America (LATAM) Fermented Milk Market Revenues & Volume, 2021 - 2031 |
8.2 Latin America (LATAM) Fermented Milk Market, Revenues & Volume, By Countries, 2021 - 2031 |
8.2.1 Brazil Fermented Milk Market, Revenues & Volume, 2021 - 2031 |
8.2.2 Mexico Fermented Milk Market, Revenues & Volume, 2021 - 2031 |
8.2.3 Argentina Fermented Milk Market, Revenues & Volume, 2021 - 2031 |
8.2.4 Rest of LATAM Fermented Milk Market, Revenues & Volume, 2021 - 2031 |
8.3 Latin America (LATAM) Fermented Milk Market, Revenues & Volume, By Type, 2021 - 2031 |
8.4 Latin America (LATAM) Fermented Milk Market, Revenues & Volume, By Distribution Channel, 2021 - 2031 |
9 Asia Fermented Milk Market, Overview & Analysis |
9.1 Asia Fermented Milk Market Revenues & Volume, 2021 - 2031 |
9.2 Asia Fermented Milk Market, Revenues & Volume, By Countries, 2021 - 2031 |
9.2.1 India Fermented Milk Market, Revenues & Volume, 2021 - 2031 |
9.2.2 China Fermented Milk Market, Revenues & Volume, 2021 - 2031 |
9.2.3 Japan Fermented Milk Market, Revenues & Volume, 2021 - 2031 |
9.2.4 Rest of Asia Fermented Milk Market, Revenues & Volume, 2021 - 2031 |
9.3 Asia Fermented Milk Market, Revenues & Volume, By Type, 2021 - 2031 |
9.4 Asia Fermented Milk Market, Revenues & Volume, By Distribution Channel, 2021 - 2031 |
10 Africa Fermented Milk Market, Overview & Analysis |
10.1 Africa Fermented Milk Market Revenues & Volume, 2021 - 2031 |
10.2 Africa Fermented Milk Market, Revenues & Volume, By Countries, 2021 - 2031 |
10.2.1 South Africa Fermented Milk Market, Revenues & Volume, 2021 - 2031 |
10.2.2 Egypt Fermented Milk Market, Revenues & Volume, 2021 - 2031 |
10.2.3 Nigeria Fermented Milk Market, Revenues & Volume, 2021 - 2031 |
10.2.4 Rest of Africa Fermented Milk Market, Revenues & Volume, 2021 - 2031 |
10.3 Africa Fermented Milk Market, Revenues & Volume, By Type, 2021 - 2031 |
10.4 Africa Fermented Milk Market, Revenues & Volume, By Distribution Channel, 2021 - 2031 |
11 Europe Fermented Milk Market, Overview & Analysis |
11.1 Europe Fermented Milk Market Revenues & Volume, 2021 - 2031 |
11.2 Europe Fermented Milk Market, Revenues & Volume, By Countries, 2021 - 2031 |
11.2.1 United Kingdom Fermented Milk Market, Revenues & Volume, 2021 - 2031 |
11.2.2 Germany Fermented Milk Market, Revenues & Volume, 2021 - 2031 |
11.2.3 France Fermented Milk Market, Revenues & Volume, 2021 - 2031 |
11.2.4 Rest of Europe Fermented Milk Market, Revenues & Volume, 2021 - 2031 |
11.3 Europe Fermented Milk Market, Revenues & Volume, By Type, 2021 - 2031 |
11.4 Europe Fermented Milk Market, Revenues & Volume, By Distribution Channel, 2021 - 2031 |
12 Middle East Fermented Milk Market, Overview & Analysis |
12.1 Middle East Fermented Milk Market Revenues & Volume, 2021 - 2031 |
12.2 Middle East Fermented Milk Market, Revenues & Volume, By Countries, 2021 - 2031 |
12.2.1 Saudi Arabia Fermented Milk Market, Revenues & Volume, 2021 - 2031 |
12.2.2 UAE Fermented Milk Market, Revenues & Volume, 2021 - 2031 |
12.2.3 Turkey Fermented Milk Market, Revenues & Volume, 2021 - 2031 |
12.3 Middle East Fermented Milk Market, Revenues & Volume, By Type, 2021 - 2031 |
12.4 Middle East Fermented Milk Market, Revenues & Volume, By Distribution Channel, 2021 - 2031 |
13 Global Fermented Milk Market Key Performance Indicators |
14 Global Fermented Milk Market - Export/Import By Countries Assessment |
15 Global Fermented Milk Market - Opportunity Assessment |
15.1 Global Fermented Milk Market Opportunity Assessment, By Countries, 2021 & 2031F |
15.2 Global Fermented Milk Market Opportunity Assessment, By Type, 2021 & 2031F |
15.3 Global Fermented Milk Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
16 Global Fermented Milk Market - Competitive Landscape |
16.1 Global Fermented Milk Market Revenue Share, By Companies, 2024 |
16.2 Global Fermented Milk Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Top 10 Company Profiles |
18 Recommendations |
19 Disclaimer |