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

Market Overview:

The Maximize Market Research's latest study, titled "Global Probiotic Drink Market," offers valuable insights for comprehending market competitors. The study presents a comprehensive evaluation of the market, encompassing both fundamental and subjective aspects that can offer crucial business insights. Included in the study is a market overview comprising the value chain structure, regional analysis, applications, market size, and forecast (2023-2029). This study aims to enhance the accuracy of assessing current and future scenarios in the global Probiotic Drink market.

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Market Scope:

Over the projected period, this research provides an analytical snapshot of the industry by assessing various elements such as global Probiotic Drink market growth, consumption volume, market trends, and corporate pricing structures. The report delves into extensive research to unravel the intricacies of the market. It furnishes an overview of the global Probiotic Drink market, including characteristics, market segmentation analysis, market size, customer landscape, and geographical distribution. Growth drivers, current trends, innovations, prospects, and the competitive landscape are all considered in this research. Multiple approaches, including productivity and manufacturing base assessment, have been employed to explore this market.

Dynamics:

The market has been expanding over the years due to the rising demand for functional beverages to promote digestive health globally. Customers are becoming more aware of the product and aware of its significance for their digestive health. Additionally, the growing health consciousness among customers, particularly young people, has increased demand for the product globally. The market has expanded as a result of the accessibility of ready-to-drink goods for consumption on-the-go.

Segmentation:

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, a global supermarket, has seen a 400% increase in demand for kefir in the U.K. during the previous 18 months. A variety of milk-based products are offered by leading producers such Yakult Honsha Co., Ltd., Danone S.A., and GCMMF (Amul).

by Product

Dairy - Based
Plant - Based

by Distribution Channel

Offline
Online

by Bacteria

Lactobacillus
Streptococcus
Bifid Bacterium
Others

by Flavor

Regular
Berry
Tropical
Others

 

Key Players:

The report then extensively examines major and emerging players in the global Probiotic Drink market, presenting market share based on revenue, demand, high-quality product manufacturers, sales, and service providers. Furthermore, the study evaluates capacity utilization, raw material sources, import-export dynamics, value chain configuration, and industrial supply chains. The following players are prominently featured in the report:

 

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 report conducts a comprehensive analysis of the global Probiotic Drink market across the following regions:

  • North America (including the United States, Canada, and Mexico)
  • European Union (encompassing Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
  • Asia-Pacific region (including China, Japan, Korea, India, Southeast Asia, and Australia)
  • Latin America (encompassing Brazil, Argentina, Colombia, and Rest of South America)
  • Africa and the Middle East (including Saudi Arabia, UAE, Egypt, South Africa, and Rest of the Middle East & Africa)

The study provides profound insights into multiple development possibilities and challenges within the aforementioned regions, based on various commodity types, applications, end-users, and countries, among other factors. Moreover, essential aspects of the global Probiotic Drink market, such as sales growth, product pricing and analysis, growth potential, and recommendations to tackle market challenges in these regions, are included in the study.

COVID-19 Impact Analysis on Probiotic Drink Market:

The global pandemic, COVID-19, has emerged as a pervasive public health crisis affecting nearly every industry, with anticipated long-term repercussions on industry growth during the forecast period. Our ongoing research expands the investigative approaches to address core COVID-19 issues and potential future strategies. The study illuminates the COVID-19 impact by considering shifts in consumer behavior and demand, changes in purchasing patterns, supply chain adaptations, the dynamics of contemporary market forces, and substantial government interventions. The updated research incorporates insights, analyses, estimations, and projections influenced by the market impact of COVID-19.

Key Questions Addressed in the Probiotic Drink Market Report:

  • Who are the prominent players in the Probiotic Drink market?
  • What is the potential market scope for Probiotic Drink across different regions?
  • Over the next five years, which application segment of Probiotic Drink is likely to experience substantial growth?
  • What opportunities are available for new market entrants?
  • What is the projected size of the Probiotic Drink market by 2029?
  • What are the growth prospects for the Probiotic Drink market?
  • Which year serves as the base year in the Probiotic Drink market report?
  • In the Probiotic Drink market, which region commands the largest market share?
  • What factors are anticipated to drive growth in the Probiotic Drink market?

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