The global yogurt powder market size accounted for USD 335 million in 2024 and is expected to exceed around USD 652.86 million by 2034, growing at a CAGR of 6.9% from 2024 to 2034.
Yogurt powder is gaining immense popularity due to its convenience and longer shelf life than regular yogurt. Yogurt powder is made by removing moisture from the fresh yogurt, providing the same amounts of calcium, protein, minerals, and vitamins. The increasing consumption of convenience food is a major factor boosting the demand for yogurt powder. This healthy alternative is used as a flavoring or thickening agent in the food & beverages industry in the preparation of cookies, sauces, dips, desserts, smoothies, and other food items.
The yogurt powder market is expected to witness rapid growth in the coming years due to the rising demand from the pharmaceutical industry. Yogurt powder is extensively used in health supplements due to its probiotic content. In addition, the increasing usage of personal care products positively impacts the market. Some personal care products contain yogurt powder, which possesses lactic acid and antibacterial properties, making it suitable for skin moisture and addressing skin conditions like acne. The rising demand for flavored yogurt creates immense opportunities for the key players operating in the market.