Probiotic Drink Market Share, Market Impact, Latest Trends Analysis, Progression Status, Revenue and Forecast to 2029


Posted August 8, 2023 by Shitalmax

Probiotic Drink Market size is expected to reach nearly US$ 24.48 Bn. by 2029 with the CAGR of 6% during the forecast period.
 
Probiotic Drink Market Overview:

The goal of this research is to provide an overview of the Probiotic Drink market as well as detailed market segmentation based on connection type, end-use, and geography. The study contains critical information on the market positions of the leading Probiotic Drink players, as well as noteworthy industry trends and opportunities.

The analysis also focuses on the Global Probiotic Drink market's key top industry players, providing information such as company biographies, product pictures and specifications, capacity, production, price, cost, revenue, and contact information. This study examines the Probiotic Drink Market Trends, Volume, and Value at the Global, Regional, and Company Levels. This report analyses the entire Probiotic Drink Market Size from a global perspective by analyzing historical data and prospects.

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Market Scope:

The report also focuses on the leading industry players in the Global Probiotic Drink market, giving information such as company biographies, product images and specifications, capacity, production, price, cost, revenue, and contact information.

Drivers:

The probiotic drink market has experienced significant growth in recent years due to a combination of various drivers and factors. Probiotic drinks are beverages that contain live beneficial bacteria, which are believed to have numerous health benefits. The drivers behind the growth of the probiotic drink market include:

Increasing Health Awareness: Consumers are becoming more health-conscious and are seeking products that can support their overall well-being. Probiotic drinks are perceived as a natural way to improve gut health, digestion, and the immune system, which aligns with the growing trend of preventive healthcare.

Gut Health Trend: Research into the gut microbiome and its impact on overall health has gained attention. Probiotics are known to promote a balanced gut microbiome, leading to increased demand for products like probiotic drinks that support digestive health.

Functional and Nutritional Benefits: Probiotic drinks are often marketed as functional beverages that offer a range of nutritional benefits. They can provide essential nutrients, vitamins, and minerals while aiding in digestion and gut balance.

Segmentation:

To forecast the market size by value, the global market for probiotic drinks is examined under two primary segments and then further divided into sub-segments. In comparison to plant-based goods, the market share of dairy-based products is anticipated to grow over the forecast period. In 2021, dairy-based products accounted for more than 55.0% of total revenue. Since probiotics are extremely compatible with dairy products, probiotic drinks are typically connected with fermented dairy beverages or beverages made from yoghurt. Some of the conventional or regional dairy-based drinks are becoming more and more well-liked worldwide. For instance, kefir, a fermented milk beverage that has historically been drunk in Europe, is becoming more and more well-known worldwide. Food & Drink International stated in February 2020 that Tesco Plc,

1 Global Probiotic Drink Market, by Product (2022-2029)
Dairy - Based
Plant - Based

2 Global Probiotic Drink Market, by Distribution Channel (2022-2029)
Offline
Online

3 Global Probiotic Drink Market, by Bacteria (2022-2029)
Lactobacillus
Streptococcus
Bifid Bacterium
Others

4 Global Probiotic Drink Market, by Flavor (2022-2029)
Regular
Berry
Tropical
Others

Key Players:

Inorganic growth techniques noted in the sector included acquisitions, partnerships, and collaborations. With growing demand, industry participants in the Probiotic Drink market are projected to benefit from excellent future growth opportunities. The following are a few companies participating in the worldwide Probiotic Drink industry

1 Yakult Honsha Ltd.
2 Danone S.A.
3 Amul
4 Pepsico
5 NextFoods
6 Harmless Harvest
7 Bio – K Plus International Inc.
8 Fonterra Co – Operative Group
9 Lifeway Foods Inc.
10 Nestle SA
11 Chobani LLC

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Regional Analysis:

The research also includes a comprehensive PESTLE analysis for each of the five areas, namely North America, Europe, Asia Pacific, the Middle East, and Africa, and South America, after examining the political, economic, social, and technological variables influencing the Probiotic Drink market in these regions.

COVID-19 Impact Analysis on Probiotic Drink Market:

As a result of the COVID-19 outbreak, customer behavior has transformed throughout all sectors of society. Industries, on the other hand, will need to adjust their strategies to account for altering market supplies. This study gives an outline of the COVID-19's impact on the Probiotic Drink market and will help you build your business in compliance with the new industry standards.

Key Questions Answered in the Probiotic Drink Market Report are:

What will be the CAGR of the Probiotic Drink market during the forecast period?
Which segment emerged as the leading segment in the Probiotic Drink market?
Which are the prominent players in the Probiotic Drink market?
What will be the Probiotic Drink market size by 2027?
Which company held the largest share in the Probiotic Drink market?
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Issued By MMR
Country India
Categories Food
Tags probiotic drink market , probiotic drink market size , probiotic drink market share
Last Updated August 8, 2023