Research Methodology on Kefir Market
1. Introduction
Increasing awareness of probiotics’ health benefits, and increasing adoption among the young & working population due to time constraints, are driving the market. The demand for Kefir is highest in the Asia-Pacific region, followed by North America and Europe. Owing to its high nutritional value, manufacturers are focusing on product innovations, thereby resulting in the rising demand for Kefir in the market.
This research report aims to explore the factors driving the Kefir market growth, key players, challenges, and opportunities in the market. To accurately assess the market’s current state of affairs, as well as to gain insights into its future course, an extensive, comprehensive, and in-depth qualitative and quantitative market research approach is implemented, combining both primary and secondary sources of data.
2. Research Methodology
Research for this Market review involves both primary and secondary sources of data. Primary sources included interviews with Kefir industry experts and surveys of key players in the Kefir market, both regionally and globally. Secondary sources include company websites, EBSCO, IBSS, Factiva, ProQuest, SAGE and other industry reports.
Primary Data Collection: For primary data collection, 45 experts from the Kefir market were approached and interviewed, based on their knowledge and expertise in the Kefir market. Interviews were conducted online and telephonically. Additional information was collected through surveys designed to measure the performance of the market, the trends in various global regions, the strategies of major players in the market and the competitive landscape.
Secondary Data Collection: Relevant secondary data was collected through industry reports, trade magazines, company websites, press releases, EBSCO, IBSS, Factiva, ProQuest, and SAGE. Secondary data was used to corroborate primary sources and to analyse the competitive positioning of existing players in the global Kefir market.
Data triangulation: Both primary and secondary research data were analysed and verified to generate accurate and reliable findings. The research data is triangulated with the help of various statistical tools such as correlation analysis, factor analysis, and demographic analysis.
3. Market Insight
The Kefir market overview, major trends and latest product launches were analysed with the help of various primary and secondary sources. Discussions with market experts and industry players helped to further corroborate and validate the market analysis.
The global Kefir market overview was analysed with the help of Porter’s Five Forces analysis. The results generated by analysis helped to understand the bargaining power of buyers, the bargaining power of suppliers, the degree of competitive rivalry, the threat of new entrants, and the threat of substitutes.
Competitive landscape and landscape mapping was done with the help of a strength-weakness-opportunity-and-threat analysis and company profiles.
Additionally, the report also assessed the competitive landscape and market players’ competitive position in the global Kefir market.
4. Conclusion
This research report provides insights into the current course of the Kefir market, as well as forecasts its potential future trajectory from 2023 to 2030. The study included comprehensive market research approaches that have been thoroughly discussed in the preceding section. Additionally, the research report also presented a SWOT analysis of the Kefir market. The findings generated by the research report can assist businesses and stakeholders to strategize their future courses about the Kefir market.