Market Overview:
The global probiotic drinks market is expected to grow at a CAGR of 10.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing awareness about the benefits of probiotics, rising demand for convenience foods, and growing number of health-conscious consumers. The global probiotic milk drinks market is expected to grow at a CAGR of 11.1% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing awareness about the benefits of probiotics, rising demand for convenience foods, and growing number of health-conscious consumers. The global probiotic juice market is expected to grow at a CAGR of 9% during the forecast period from 2018to 2030.
Product Definition:
Probiotic drinks are beverages that contain live bacteria and yeast that can help improve your gut health. The live bacteria and yeast in probiotic drinks can help to populate your gut with good bacteria, which can improve your overall health. Probiotic drinks are becoming more popular as people become more interested in the benefits of gut health.
Probiotic Milk Drinks:
Probiotic milk drinks are beverages containing live microorganisms such as Bifidobacterium, Lactobacillus and Streptococcus. These bacteria help in improving the digestive health of the human body by enhancing nutrient absorption and reducing intestinal inflammation. Probiotic milk drinks have a positive impact on immunity enhancement, energy production along with improved gut health which further helps in weight loss management.
Probiotic Juice:
Probiotic is a live microorganism, which when consumed helps the body to function properly by improving gut health. The most common types of probiotics are yogurt, supplements and fermented foods like kefir. Probiotic can be found in different forms including liquids, tablets and capsules but the most popular form is drinks such as Kefir or yogurt.
Probiotic juice can be used for preventing diseases related to oral bacteria.
Application Insights:
The global probiotic drinks market has been segmented into a supermarket, convenience store, and others. The other application segment includes restaurants and food chains that serve fresh products such as juice or milk. Probiotic beverages are gaining popularity in the restaurant industry owing to rising consumer awareness about gut health and the benefits of bacterial strains on human body.
The global consumption of probiotics in the form of ready-to-drink (RTD) beverages was valued at USD 1.97 billion in 2017 and is expected to grow at a significant rate over the forecast period due to increasing consumer preference for convenient dietary supplements with enhanced nutritional value among working professionals globally.
Regional Analysis:
Europe was the largest market for probiotic drinks, accounting for a share of more than 30.0% in 2017 owing to high demand from countries, such as U.K., Germany and France. Moreover, these products are considered to be a healthy alternative to conventional milk due to presence of less sugar and preservatives.
Growth Factors:
- Increasing awareness about the benefits of probiotics for gut health is driving the demand for probiotic drinks.
- The growing trend of healthy eating is also contributing to the growth of the probiotic drinks market.
- Rising consumer inclination towards convenience foods is propelling the demand for ready-to-drink (RTD) probiotic beverages.
- The increasing number of launches of new and innovative products in the market is fuelling growth in the probiotic drinks segment.
- Growing popularity of functional beverages among consumers is providing a major impetus to growth in this market
Scope Of The Report
Report Attributes
Report Details
Report Title
Probiotic Drinks Market Research Report
By Type
Probiotic Milk Drinks, Probiotic Juice
By Application
Supermarket, Convenience Store, Other
By Companies
Bio-K Plus International, Danone, GoodBelly, KeVita, Nestle, Yakult, Amul, Bright Dairy, Grupo Lala, Lifeway, Bio-K Plus International
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
186
Number of Tables & Figures
131
Customization Available
Yes, the report can be customized as per your need.
Global Probiotic Drinks Market Report Segments:
The global Probiotic Drinks market is segmented on the basis of:
Types
Probiotic Milk Drinks, Probiotic Juice
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Supermarket, Convenience Store, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Bio-K Plus International
- Danone
- GoodBelly
- KeVita
- Nestle
- Yakult
- Amul
- Bright Dairy
- Grupo Lala
- Lifeway
- Bio-K Plus International
Highlights of The Probiotic Drinks Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Probiotic Milk Drinks
- Probiotic Juice
- By Application:
- Supermarket
- Convenience Store
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Probiotic Drinks Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Probiotic drinks are a type of beverage that contains probiotics, which are live microorganisms that help improve your gut health. Probiotic drinks can be found in many grocery stores and pharmacies.
Some of the key players operating in the probiotic drinks market are Bio-K Plus International, Danone, GoodBelly, KeVita, Nestle, Yakult, Amul, Bright Dairy, Grupo Lala, Lifeway, Bio-K Plus International.
The probiotic drinks market is expected to grow at a compound annual growth rate of 10.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Probiotic Drinks Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Probiotic Drinks Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Probiotic Drinks Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Probiotic Drinks Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Probiotic Drinks Market Size & Forecast, 2020-2028
4.5.1 Probiotic Drinks Market Size and Y-o-Y Growth
4.5.2 Probiotic Drinks Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Probiotic Milk Drinks
5.2.2 Probiotic Juice
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Supermarket
6.2.2 Convenience Store
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Probiotic Drinks Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Probiotic Drinks Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Probiotic Milk Drinks
9.6.2 Probiotic Juice
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Supermarket
9.10.2 Convenience Store
9.10.3 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Probiotic Milk Drinks
10.6.2 Probiotic Juice
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Supermarket
10.10.2 Convenience Store
10.10.3 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Probiotic Milk Drinks
11.6.2 Probiotic Juice
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Supermarket
11.10.2 Convenience Store
11.10.3 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Probiotic Milk Drinks
12.6.2 Probiotic Juice
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Supermarket
12.10.2 Convenience Store
12.10.3 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Probiotic Milk Drinks
13.6.2 Probiotic Juice
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Supermarket
13.10.2 Convenience Store
13.10.3 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Probiotic Drinks Market: Competitive Dashboard
14.2 Global Probiotic Drinks Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Bio-K Plus International
14.3.2 Danone
14.3.3 GoodBelly
14.3.4 KeVita
14.3.5 Nestle
14.3.6 Yakult
14.3.7 Amul
14.3.8 Bright Dairy
14.3.9 Grupo Lala
14.3.10 Lifeway
14.3.11 Bio-K Plus International
