Probiotic Drink Market – Global Industry Analysis and Forecast (2023–2029)

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 report covers the detailed analysis of the Global Probiotic Drink industry with the classifications of the market on the basis of Product, Distribution Channel, and Region. Analysis of past market dynamics from 2017 to 2029 is given in the report, which will help readers to benchmark the past trends with current market scenarios with the key player's contribution in it.To Know About The Research Methodology :- Request Free Sample Report
Probiotic Drink Market Defination
Probiotics are a combination of live beneficial bacteria and/or yeasts that naturally live in your body. Bacteria is usually viewed in a negative light as something that makes you sick. However, you have two kinds of bacteria constantly in and on your body — good bacteria and bad bacteria. Probiotics are made up of good bacteria that helps keep your body healthy and working well. This good bacteria helps you in many ways, including fighting off bad bacteria when you have too much of it, helping you feel better.

For a microbe to be called a probiotic, it must have several characteristics. These include being able to:

Be isolated from a human.
Survive in your intestine after ingestion (being eaten).
Have a proven benefit to you.
Be safely consumed.
Probiotic Drink Manufacturers:
The report has profiled eleven major companies in the market from different regions, across the Globe. Further, the report has considered all the followers, and new entrants with investors while analyzing the market and estimating the size of the same. The manufacturing environment in each region is different and focus is given on the regional impact on the cost of manufacturing, supply chain, availability of raw materials, labor cost, availability of advanced technology, trusted vendors are analyzed and the report has come up with recommendations for a future hot spot in Asia Pacific.
Probiotic Drink Market Dynamics:
The growing demand for functional beverages worldwide to improve digestive health is supporting the growth of the market over the years. Consumers are increasingly getting aware of the product and understanding its importance for their gut wellness. Furthermore, the rising health awareness among the consumers, especially young consumers, has fueled the demand for the product across the globe. Moreover, the availability of ready-to-drink products for on-the-go consumption has prompted the growth of the market.

Probiotic drink helps to maintain a healthy balance of stomach bacteria, leading to several health benefits, including digestive health, weight loss, and immune function. Regular consumption of the drinks improves bowel movement and nutrient absorption. Furthermore, these drinks promote mental health as several studies have proven that mood and mental health are linked with gut health. Thus, the product helps reducing depression, anxiety, obsessive-compulsive disorder (OCD), and autism. In addition, the products may boost the immune system by promoting the production of natural antibodies in the human body. The increasing awareness about the health benefits of the product has been fueling its adoption among the consumers.
Probiotic Drink Market Segment Analysis
The Global market for Probiotic Drink is studied under two major segments and further into sub-segments to forecast the market size by value.
The Dairy – Based Products are expected to account for a larger market share, as compared to the plant – based products, over the forecast period.
Dairy-based products held the largest revenue share of more than 55.0% in 2021. Traditionally, probiotic drinks are associated with fermented dairy drinks or yogurt-based drinks as probiotics are very compatible with dairy products. Some of the traditional or regional dairy-based drinks are gaining popularity across the globe. For instance, Kefir, a fermented milk drink, traditionally consumed in Europe, is gaining popularity over the world. As reported by Food & Drink International in February 2020, Tesco plc, an international supermarket, has witnessed a demand growth of 400% for Kefir in the U.K. in the last 18 months. Key manufacturers including Yakult Honsha Co., Ltd., Danone S.A., and GCMMF (Amul) offer a range of milk-based products.



The Offline Distribution channel accounted for a largest market share, as compared to the Online Distribution Channel for the Probiotic Drinks.
Regional Analysis of the Probiotic Drink Market:
Asia Pacific is expected to account for the largest market share in the Global Probiotic Drink Market during the forecast period.
The Asia Pacific accounted for the largest share of more than 40.0% in 2021. China, Japan, and India are the key markets in the region. According to the International Probiotics Association (IPA), China is one of the most important markets for probiotics in the world. Producers and suppliers have been witnessing a significant increase in sales in the nation. Yogurt-based probiotic drinks are significantly prevalent in the region.

Central and South America is expected to expand at the fastest CAGR of 7.2% from 2022 to 2029. The functional beverage market is one of the fastest-growing markets in the region. As of 2019, Brazil contributed more than half of the sales in the region. Furthermore, increasing middle-class population, rising health concerns, and expanding availability of the probiotic drinks are expected to fuel the demand for the product in the region in the upcoming years.

The objective of the report is to present a comprehensive analysis of the Global Probiotic Drink Market to the stakeholders in the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers, and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market has been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.

The report also helps in understanding the Global Probiotic Drink Market dynamics, structure by analyzing the market segments and projects the Global Probiotic Drink Market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Global Probiotic Drink Market make the report investor’s guide.
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Global Probiotic Drink Market


Report Coverage
Details


Base Year:
2022
Forecast Period:
2023-2029


Historical Data:
2018 to 2022
Market Size in 2022:
US $ 16.28 Bn.


Forecast Period 2023 to 2029 CAGR:
6%
Market Size in 2029:
US $ 24.48 Bn.


 Segments Covered:
by Product
Dairy - Based
Plant - Based


by Distribution Channel
Offline
Online


by Bacteria
Lactobacillus
Streptococcus
Bifid Bacterium
Others


by Flavor
Regular
Berry
Tropical
Others



Probiotic Drink Market, by Region
North America (United States, Canada and Mexico)
Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe)
Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC)
Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A)
South America (razil, Argentina Rest of South America)
Probiotic Drink Market Key Players:
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

Frequently Asked Questions:

1. Which region has the largest share in Global Probiotic Drink Market?
Ans: Asia Pacific region holds the highest share in 2022.

2. What is the growth rate of Global Probiotic Drink Market?
Ans: The Global Probiotic Drink Market is growing at a CAGR of 6% during forecasting period 2023-2029.

3. What is scope of the Global Probiotic Drink market report?
Ans: Global Probiotic Drink Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period.

4. What is the study period of this market?
Ans: The Global Probiotic Drink Market is studied from 2022 to 2029.