Yogurt and Probiotic Drink Market is to Hit US$323.2 Billion by 2030 | Insights Report by Persistence Market Research [Yahoo! Finance]
Lifeway Foods, Inc. (LWAY)
Last lifeway foods, inc. earnings: 5/18 05:59 pm
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Source: Yahoo! Finance
New York, Jan. 24, 2024 (GLOBE NEWSWIRE) -- The yogurt and probiotic beverage market is a dynamic segment within the broader food and beverage industry. Probiotic beverages, containing live beneficial bacteria, and yogurt, a fermented dairy product, have gained immense popularity due to their perceived health benefits. The global yogurt and probiotic drink market is forecast to expand at a CAGR of 7.3% and thereby increase from a value of US$197.4 Bn in 2023, to US$323.2 Bn by the end of 2030. Yogurt, characterized by its creamy texture and tangy flavor resulting from milk fermentation by lactic acid bacteria, contrasts with probiotic beverages designed to deliver a concentrated dose of beneficial microorganisms for digestive health. This market segment is dedicated to advancing digestive health and overall well-being. Several factors drive the global growth of the yogurt and probiotic beverage market. Heightened consumer awareness of the link between digestive health and overall
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LWAY
Sec Filings
- 4/26/24 - Form SC
- 4/25/24 - Form 4
- 4/23/24 - Form 4
- LWAY's page on the SEC website