The global demand for Probiotic Drinks Market is presumed to reach the market size of nearly USD 20.1 MN by 2028 from USD 12.04 MN in 2021 with a CAGR of 7.6% under the study period 2022 - 2028.
Probiotic drinks deliver good bacteria into the gastrointestinal system and replenishes the bacterial levels, facilitating healthy digestion. Probiotic drinks come in many different flavours and are safe for everyone. Probiotic drinks allow easier nutrient breakdown and can help alleviate symptoms of gastrointestinal problems such as irritable bowel syndrome (IBS), and constipation, and even help with certain food allergies.
Market Dynamics
The probiotic drinks market is anticipated to grow due to growing health consciousness among the customers, particularly the young consumers. The health benefits associated with probiotic drinks have been essential in boosting the global market demand. Moreover, the rising incidence of gastrointestinal diseases among the people is also leading to increased demand of these drinks. Furthermore, the availability of ready-to-drink products for on-the-go consumption has also fueled the market growth. However, the high cost of these beverages may hinder the growth of this market in the coming years.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of probiotic drinks. The growth and trends of probiotic drinks industry provide a holistic approach to this study.
Market Segmentation
This section of the probiotic drinks market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Type
By Flavor
- Regular
- Berry
- Tropical
- Others
By Sales Channel
- Hypermarkets And Supermarkets
- Convenience Stores
- Online Retail
- Others
Regional Analysis
This section covers the regional outlook, which accentuates current and future demand for the Probiotic Drinks market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global Probiotic Drinks Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the probiotic drinks market include GCMMF (AMUL), Fonterra Co-operative Group Ltd, Yakult Honsha Co., Ltd., Denone SA, Bio-K+, Lifeway Foods, Inc., Chobani, LLC, NextFoods, Inc., PepsiCo Inc, and Harmless Harvest. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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