Market Overview:
The global probiotic soda market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to factors such as rising awareness about the benefits of probiotics, increasing demand for functional foods and beverages, and growing inclination of consumers towards healthy lifestyle choices. The global probiotic soda market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into plain flavor, fruit flavor, cola flavor, and others. The fruit flavor segment is expected to grow at a higher CAGR during the forecast period owing to increasing demand for flavored probiotic sodas from health-conscious consumers across regions. On the basis of application,the market is divided into online and offline segments.
Product Definition:
Probiotic soda is a beverage that contains live probiotic cultures. These cultures help to support the health of the digestive system. Probiotic soda is a great way to get your daily dose of probiotics, and it can also be enjoyed as a refreshing drink.
Plain Flavor:
Plain flavor is the taste of a product without any added ingredients. It usually comes in powder or liquid form and is mixed with other flavors to enhance its taste. The demand for plain flavor has been increasing over the past few years owing to factors such as rising health awareness, changing food preferences among consumers and easy availability of products on e-commerce platforms.
Fruit Flavor:
Fruit flavor is the natural flavoring derived from fresh fruit. It can be categorized as a concentrated, naturally occurring source of sugar (fructose) and acids. The most commonly used fruits for flavoring are apple, orange, banana, grapeseed extracts and watermelon.
The global probiotic soda market is expected to witness significant growth over the forecast period owing to increasing health concerns among consumers across different regions coupled with rising demand for functional drinks globally.
Application Insights:
The global probiotic soda market is segmented by application into online and offline. The online application segment dominated the industry in 2017, accounting for over 60% of the overall revenue share. This high share is attributable to factors such as growing internet penetration and rising disposable income among consumers in developing countries including China, India, Brazil and Mexico. Furthermore, companies are investing significantly in e-commerce platforms to expand their reach to a wider customer base across the globe.
Offline applications accounted for a significant portion of probiotic soda demand as well as volume wise it was second largest after the online segment owing to increasing consumption at food joints.
Regional Analysis:
Europe was the largest regional market in 2017 owing to high consumption of probiotic sodas. U.K., Germany, and France are some of the major markets in this region. Asia Pacific is expected to be the fastest-growing regional market at a CAGR of XX% from 2018 to 2030 due to increasing demand for probiotic soda from countries such as Japan, India, and China among others.
Growth Factors:
- Increasing awareness about the benefits of probiotics for gut health is driving the demand for probiotic sodas.
- The growing popularity of healthy and functional foods is propelling the demand for probiotic sodas.
- The increasing number of people with lactose intolerance is fueling the growth of the probiotic soda market as these products are low in lactose content.
- Rising consumer inclination towards convenience foods is boosting the sales of ready-to-drink (RTD) probiotic sodas.
- Growing number of food manufacturers are introducing new flavors and varieties of probiotic sodas, which is attracting consumers and fuelling market growth
Scope Of The Report
Report Attributes
Report Details
Report Title
Probiotic Soda Market Research Report
By Type
Plain Flavor, Fruit Flavor, Cola Flavor, Others
By Application
Online, Offline
By Companies
LIVE Soda, Lifeway Foods, PepsiCo, Obi, Bod Drinks
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
134
Number of Tables & Figures
94
Customization Available
Yes, the report can be customized as per your need.
Global Probiotic Soda Market Report Segments:
The global Probiotic Soda market is segmented on the basis of:
Types
Plain Flavor, Fruit Flavor, Cola Flavor, Others
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
Online, Offline
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:
- LIVE Soda
- Lifeway Foods
- PepsiCo
- Obi
- Bod Drinks
Highlights of The Probiotic Soda 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:
- Plain Flavor
- Fruit Flavor
- Cola Flavor
- Others
- By Application:
- Online
- Offline
- 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 Soda 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 soda is a type of fermented beverage that contains probiotics, which are live microorganisms that help improve gut health. Probiotic sodas can be helpful for people who have trouble digesting dairy or gluten, as they contain these types of nutrients in small amounts.
Some of the key players operating in the probiotic soda market are LIVE Soda, Lifeway Foods, PepsiCo, Obi, Bod Drinks.
The probiotic soda market is expected to register a CAGR of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Probiotic Soda 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 Soda Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Probiotic Soda 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 Soda 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 Soda Market Size & Forecast, 2020-2028
4.5.1 Probiotic Soda Market Size and Y-o-Y Growth
4.5.2 Probiotic Soda 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 Plain Flavor
5.2.2 Fruit Flavor
5.2.3 Cola Flavor
5.2.4 Others
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 Online
6.2.2 Offline
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Probiotic Soda 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 Soda 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 Plain Flavor
9.6.2 Fruit Flavor
9.6.3 Cola Flavor
9.6.4 Others
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 Online
9.10.2 Offline
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 Plain Flavor
10.6.2 Fruit Flavor
10.6.3 Cola Flavor
10.6.4 Others
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 Online
10.10.2 Offline
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 Plain Flavor
11.6.2 Fruit Flavor
11.6.3 Cola Flavor
11.6.4 Others
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 Online
11.10.2 Offline
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 Plain Flavor
12.6.2 Fruit Flavor
12.6.3 Cola Flavor
12.6.4 Others
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 Online
12.10.2 Offline
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 Plain Flavor
13.6.2 Fruit Flavor
13.6.3 Cola Flavor
13.6.4 Others
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 Online
13.10.2 Offline
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 Soda Market: Competitive Dashboard
14.2 Global Probiotic Soda Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 LIVE Soda
14.3.2 Lifeway Foods
14.3.3 PepsiCo
14.3.4 Obi
14.3.5 Bod Drinks
