Asia Pacific Probiotic Desserts Market Size, Share & Industry Trends Analysis Report By Type (Dairy Based and Plant Based), By Application, By Distribution Channel (Specialty Stores, Hypermarket & Supermarket, Ecommerce), By Country and Growth Forecast, 2022 - 2028
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Get in-depth analysis of the COVID-19 impact on the Asia Pacific Probiotic Desserts Market
Market Report Description
The Asia Pacific Probiotic Desserts Market would witness market growth of 6.9% CAGR during the forecast period (2022-2028).
Probiotic desserts have seen increased demand in recent years, especially in industrialized nations where customers want to supplement their diets with more nutritious foods. Vegan probiotic dessert demand has also increased as the prominence of plant-based lifestyles has grown. The demand for healthier and more useful food options has led to a substantial increase in the market for probiotic desserts in recent years.
Desserts that include probiotic bacteria, such as yogurt and kefir, can strengthen the immune system and promote digestive health. Probiotic supplements were previously promoted exclusively to adults, but current events have demonstrated that demand among kids and teenagers is rising. This might result from heightened knowledge of the value of digestive health and its significance to overall well-being. In addition, alternative probiotic treats like soy-based yogurt and oat milk kefir have become more well-liked due to the growth of plant-based meals and lactose intolerance.
COVID-19 had a substantial impact on the popularity of yogurt forms in Australia. Convenient, on-the-go sachets were popular before the outbreak, but after it, most consumers started staying in after the pandemic. Hence, the preference for yogurt tubs with many servings increased. Consumers view dessert as a treat, and the flavor is one of the key elements affecting purchasing choices. Consumers in the region are considering substituting animal products in daily diets, but they do not want to forego flavor, especially when it comes to desserts. Consequently, it is anticipated that all of these factors will aid in the growth of the probiotic desserts market in the Asia Pacific region.
The China market dominated the Asia Pacific Probiotic Desserts Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $109.8 million by 2028. The Japan market is estimated to grow a CAGR of 6.3% during (2022 - 2028). Additionally, The India market would experience a CAGR of 7.6% during (2022 - 2028).
Based on Type, the market is segmented into Dairy Based and Plant Based. Based on Application, the market is segmented into Yogurt, Kefir, Ice Cream and Others. Based on Distribution Channel, the market is segmented into Specialty Stores, Hypermarket & Supermarket, Ecommerce and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Probiotic Desserts Market is Projected to reach USD 1 Billion by 2028, at a CAGR of 6.6%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include General Mills, Inc., Chobani LLC, Danone, S.A., Fonterra Co-operative Group Limited, Meiji Holdings Co., Ltd., Lancashire Farm Dairies, Sovos Brands, Inc., Yofix Probiotics Ltd., and Forager Project, LLC.
Scope of the Study
Market Segments Covered in the Report:
- Dairy Based
- Plant Based
- Ice Cream
By Distribution Channel
- Specialty Stores
- Hypermarket & Supermarket
- South Korea
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- General Mills, Inc.
- Chobani LLC
- Danone, S.A.
- Fonterra Co-operative Group Limited
- Meiji Holdings Co., Ltd.
- Lancashire Farm Dairies
- Sovos Brands, Inc.
- Yofix Probiotics Ltd.
- Forager Project, LLC
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