LAMEA 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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Market Report Description
The Latin America, Middle East and Africa Probiotic Desserts Market would witness market growth of 9.9% CAGR during the forecast period (2022-2028).
The appeal of probiotic desserts amongst health-conscious people fuels demand for goods with high protein, low sugar, and natural ingredient content. In the meantime, children's probiotic dessert demand has spurred the creation of healthy, entertaining, and appealing goods to young consumers. By producing highly digestible as well as nutritionally sound food, the company is also catering to the elderly, who are more likely to experience digestive problems and require more probiotics.
Businesses can expand their consumer base and improve market demand for probiotic desserts by focusing on a certain niche. The transition towards more organic and natural components is one of the main developments in the probiotic desserts market. Customers are increasingly seeking goods with straightforward, recognizable ingredients and goods free of artificial sweeteners and preservatives.
Small, artisanal probiotic dessert producers have also become more popular, delivering distinctive, locally sourced goods due to this trend. Adding functional ingredients, including probiotics, prebiotics, and functional fibers further develops the probiotic dessert sector. These ingredients not only give desserts a distinctive texture and flavor, but they are also healthful.
Due to the serious concern that rising obesity poses, individuals in Latin America are also asking for different flavors of low-fat yogurt as a meal substitute. Also, active health programs push people to switch to healthier eating habits, which explains why Latin America strongly demands probiotic yogurt. In Latin American countries like Brazil and Argentina, frozen yogurt sales or consumption have increased. Similar to how the industry is expanding, the consumption of these products is steadily rising throughout Africa and the Middle East. Thus, increasing disposable income, a diverse restaurant industry, and growing consumer acceptance of nutrient-dense foods drive the probiotic desserts market in this region.
The Brazil market dominated the LAMEA Probiotic Desserts Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $20.8 million by 2028. The Argentina market is experiencing a CAGR of 10.4% during (2022 - 2028). Additionally, The UAE market would display a CAGR of 9.6% 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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
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
- Saudi Arabia
- South Africa
- Rest of LAMEA
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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