Probiotic Water Market :Global Industry Analysis and Forecast (2023-2029)

Probiotic Water Market size is expected to reach nearly US$ 25.80 Bn by 2029 with the CAGR of 6.2% during the forecast period.

The global Probiotic Water market report is a comprehensive analysis of the industry, market, and key players. The report has covered the market by demand and supply-side by segments. The global Probiotic Water market report also provides trends by market segments, technology, and investment with a competitive landscape.

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Probiotic Water Market Overview
Probiotics are naturally living microorganisms or good bacteria that are present in the human body and probiotic water also known as water kefir is a product of probiotic elements. It's a particularly designed beverage that has several health benefits in the stomach area such as improved bowel movement, healthy immune system, weight loss et. Moreover as per the study this drink help in keeping good mental health which is often related to gut health. Hence reducing mental illness such as depression, anxiety, traumas, etc.

When several health issues appear like an irregular digestive system, skin rashes, urgency to take sugar, having low metabolism then there's a need for probiotics in the body. Probiotics also help in treating diarrhea by maintaining levels of good bacteria in the digestive system. Probiotic water comes in natural as well as synthesized forms helping in improving overall health
Probiotic Water Market Dynamics
The growing demand for beverages that improve the digestive system is driving the market growth. Like a lot of people suffer from irregular digestion prompting them to seek doctors. Irregular digestion often affects mental health and distracts individuals from performing day-to-day activities. People having acidity problems prefer drinking probiotic water regularly as it promotes healthy digestion and improving bowel movement. Due to which the demand for probiotic water is anticipated to increase with time.

An increase in health awareness among the young population is also growing the probiotic water market. As per the study conducted by the Kerry group about 76% of people in the US know about the health benefits of consuming probiotic water and beverages. Innovation by manufacturers in producing different varieties of probiotic water such as flavors and improved packaging which is responsible for attracting majority of consumers is also anticipated to push the probiotic water market.

However, probiotic water is safe for the majority of the population and no serious infections are clinically recorded but some common side effects such as an increase in gas, constipation, bloating, and thirst. Some people may feel dizziness and cause death in rare cases, which is restraining the market from growing.
Probiotic Water Market Segment Analysis
Based on Product Type probiotic water market is segmented into flavored probiotics and plant-based probiotics. Of which the segment of plant-Based dominated the overall market. Many plants and vegan food contains probiotics which are then extracted and mixed with water after processing. This probiotic waterworks differently on every people. Sources of vegan probiotics include Wheat, Yogurt, Onions, and Garlic, Leeks which are used extensively to manufacture probiotic water and are expected to dominate the market.

The segment of flavored water is also growing due to the rise in the demand for flavored waters Flavors such as lemon, blueberry, grape, and apple are all in high demand. Young and health-conscious people prefer drinking a variety of probiotic water which is pushing manufacturers to produce more and differentiated products. Which boosting the market growth.

Based on Distribution Channel the probiotic water market is segmented into offline sales and online sales of which the segment of offline sales dominated the market. About 85%of revenue is generated by offline sales, increase in the shelf life, growing numbers of the supermarket, departmental stores, and hypermarkets are all pushing this segment's market growth. Probiotic water is available now in rural areas as well. Thus, expanding its reach to the consumers and tapping different markets. The offline segment is majority benefited by advertisements and promotions on a global level which is growing the overall market.

The segment of online sales is also witnessing growth in recent years. An increase in the online merchants who offer a variety of products at the doorstep by providing easy payment options, reviews, and comparisons of products is boosting the segment's market growth. The online segment is benefited by the COVID-19 pandemic most as it promoted awareness about healthy living standards and zero contact ways.
Probiotic Water Market Regional Insights:
The Asia-Pacific accounted for the majority of market share globally due to an increase in the awareness and consumption of probiotic water in the region. As per the reports of the International Probiotic Association, China and India dominated the market in the region. Suppliers and manufacturers have witnessed high sales in recent years, especially after the covid-19 pandemic the concern of health is on the rise, due to which Asia-Pacific is expected to hold the largest market share in the future as well. India, Japan, and China are the major contributors to the regions market growth

North America and South America are expected to register the highest growth in the forecast period because of the increasing population, rising health awareness, increasing level of income, and availability of a variety of choices for probiotic water, as per the data in 2022 Brazil contributed half alone in the region's market growth. An increase in changing lifestyle and health issues in the US upsurged the probiotic water sales in recent years. Advertisement and health promotional activities benefited in increased sales of probiotic water

Europe and Middle East & Africa are anticipated to grow fast in the forecast period due to increased consumption of probiotic water in household sectors. There has been increasing demand for a variety of probiotic water in the region for several health benefits such as immune system improvement, proper digestion, regular bowel movement, and others. The segment of flavored probiotics dominated the market in the regions, France dominated the market in the region, followed by Germany Italy, and England.

The objective of the report is to present a comprehensive analysis of the Global Probiotic Water market to the stakeholders in the industry. The past and current status of the industry with the 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 include market leaders, followers, and new entrants.

PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analysed, which will give a clear futuristic view of the industry to the decision-makers.

The report also helps in understanding the Global Probiotic Water Market dynamics, structure by analyzing the market segments and project the Global Probiotic Water 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 Water Market make the report investor’s guide.
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Probiotic Water Market


Report Coverage
Details


Base Year:
2022
Forecast Period:
2023-2029


Historical Data:
2017 to 2022
Market Size in 2022:
US $ 16.93 Bn.


Forecast Period 2023 to 2029 CAGR:
6.2 %
Market Size in 2029:
US $ 25.80 Bn.


 Segments Covered:
by Product Type
• Plant-based
• Flavored Probiotics


by Distribution Channel
• Online sales
• Offline sales
• Supermarkets
• Hypermarkets
• Departmental Stores
• Specialty stores


by Bacteria
• Lactobacillus
• Streptococcus
• Bifid Bacterium
• Others



Probiotic Water 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 (Brazil, Argentina Rest of South America)
Probiotic Water Market Key Players
• Yakult Honsha Co., Ltd.
• Danone S.A.
• GCMMF (Amul)
• PepsiCo
• NextFoods
• Harmless Harvest
• Bio-K Plus International Inc.
• Fonterra Co-operative Group
• Lifeway Foods, Inc.
• Nestle SA
• Chobani, LLC
• Amul

Frequently Asked Questions:

1. Which region has the largest share in Global Probiotic Water Market?
Ans: North America region held the highest share in 2022.

2. What is the growth rate of Global Probiotic Water Market?
Ans: The Global Probiotic Water Market is growing at a CAGR of 6.2% during forecasting period 2023-2029.

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

4. Who are the key players in Global Probiotic Water Market?
Ans: The important key players in the Global Probiotic Water Market are – Yakult Honsha Co., Ltd., Danone S.A., GCMMF (Amul), PepsiCo, NextFoods, Harmless Harvest, Bio-K Plus International Inc., Fonterra Co-operative Group, Lifeway Foods, Inc., Nestle SA, Chobani, LLC, Amul

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