The global lactic acid bacteria drink market is expected to grow at a CAGR of 6.5% during the forecast period, to reach USD 1.2 billion by 2030. The growth of this market can be attributed to the increasing awareness about health benefits of probiotics and their role in maintaining a healthy gut flora, which is driving the demand for lactic acid bacteria drinks across various applications such as individual consumer and business consumer.
The active lactic acid bacteria segment accounted for over 50% share in 2017 and is expected to maintain its dominance throughout the forecast period owing to its high efficacy in improving gut health and immunity against diseases such as diarrhea, constipation, irritable bowel syndrome (IBS), ulcerative colitis (UC), Crohn's disease (CD) etc, thereby contributing towards improved quality of life. The inactive lactic acid bacteria segment accounted for over 40% share in 2017 due to its low cost and easy availability which makes it an attractive option for consumers who are looking for probiotic drinks with lower price tags but without compromising on quality or efficacy.
- Lactic acid bacteria drinks are a healthy alternative to other beverages such as sodas and juices.
- The market for lactic acid bacteria drinks is growing due to the increasing health consciousness of consumers, which has led to an increase in demand for these products.
- The market for lactic acid bacteria drinks is also growing due to the increasing number of people who are lactose intolerant or have dairy allergies, which has led them to turn towards these products as a substitute for milk-based beverages such as milk and yogurt.
- Lactic acid bacteria drinks are also becoming more popular because they contain probiotics that can help with digestion and immunity.
- The market for lactic acid bacteria drinks is expected to grow in the future because of their potential health benefits.
Industry Growth Insights published a new data on “Lactic Acid Bacteria Drink Market”. The research report is titled “Lactic Acid Bacteria Drink Market research by Types (Active Lactic Acid Bacteria, Inactive Lactic Acid Bacteria), By Applications (Individual consumer, Business consumer), By Players/Companies Yakult, Mengniu, Jelley Brown, YILI, Robust, Xile, WEICHUAN CORP, Haocaitou”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Lactic Acid Bacteria Drink Market Research Report
By Type
Active Lactic Acid Bacteria, Inactive Lactic Acid Bacteria
By Application
Individual consumer, Business consumer
By Companies
Yakult, Mengniu, Jelley Brown, YILI, Robust, Xile, WEICHUAN CORP, Haocaitou
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
239
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Lactic Acid Bacteria Drink Market Report Segments:
The global Lactic Acid Bacteria Drink market is segmented on the basis of:
Types
Active Lactic Acid Bacteria, Inactive Lactic Acid Bacteria
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
Individual consumer, Business consumer
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:
- Yakult
- Mengniu
- Jelley Brown
- YILI
- Robust
- Xile
- WEICHUAN CORP
- Haocaitou
Highlights of The Lactic Acid Bacteria Drink 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:
- Active Lactic Acid Bacteria
- Inactive Lactic Acid Bacteria
- By Application:
- Individual consumer
- Business consumer
- 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 Lactic Acid Bacteria Drink 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.
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- 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?
Lactic acid bacteria drink is a type of probiotic drink that contains live lactic acid bacteria. These bacteria help to promote healthy digestion and gut health.
Some of the major players in the lactic acid bacteria drink market are Yakult, Mengniu, Jelley Brown, YILI, Robust, Xile, WEICHUAN CORP, Haocaitou.
The lactic acid bacteria drink market is expected to grow at a compound annual growth rate of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Lactic Acid Bacteria Drink Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Lactic Acid Bacteria Drink Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Lactic Acid Bacteria Drink Market - Supply Chain
4.5. Global Lactic Acid Bacteria Drink Market Forecast
4.5.1. Lactic Acid Bacteria Drink Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Lactic Acid Bacteria Drink Market Size (000 Units) and Y-o-Y Growth
4.5.3. Lactic Acid Bacteria Drink Market Absolute $ Opportunity
5. Global Lactic Acid Bacteria Drink Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Lactic Acid Bacteria Drink Market Size and Volume Forecast by Type
5.3.1. Active Lactic Acid Bacteria
5.3.2. Inactive Lactic Acid Bacteria
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Lactic Acid Bacteria Drink Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Lactic Acid Bacteria Drink Market Size and Volume Forecast by Application
6.3.1. Individual consumer
6.3.2. Business consumer
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Lactic Acid Bacteria Drink Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Lactic Acid Bacteria Drink Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Lactic Acid Bacteria Drink Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Lactic Acid Bacteria Drink Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Lactic Acid Bacteria Drink Demand Share Forecast, 2019-2026
9. North America Lactic Acid Bacteria Drink Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Lactic Acid Bacteria Drink Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Lactic Acid Bacteria Drink Market Size and Volume Forecast by Application
9.4.1. Individual consumer
9.4.2. Business consumer
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Lactic Acid Bacteria Drink Market Size and Volume Forecast by Type
9.7.1. Active Lactic Acid Bacteria
9.7.2. Inactive Lactic Acid Bacteria
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Lactic Acid Bacteria Drink Demand Share Forecast, 2019-2026
10. Latin America Lactic Acid Bacteria Drink Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Lactic Acid Bacteria Drink Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Lactic Acid Bacteria Drink Market Size and Volume Forecast by Application
10.4.1. Individual consumer
10.4.2. Business consumer
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Lactic Acid Bacteria Drink Market Size and Volume Forecast by Type
10.7.1. Active Lactic Acid Bacteria
10.7.2. Inactive Lactic Acid Bacteria
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Lactic Acid Bacteria Drink Demand Share Forecast, 2019-2026
11. Europe Lactic Acid Bacteria Drink Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Lactic Acid Bacteria Drink Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Lactic Acid Bacteria Drink Market Size and Volume Forecast by Application
11.4.1. Individual consumer
11.4.2. Business consumer
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Lactic Acid Bacteria Drink Market Size and Volume Forecast by Type
11.7.1. Active Lactic Acid Bacteria
11.7.2. Inactive Lactic Acid Bacteria
11.8. Basis Poin Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Lactic Acid Bacteria Drink Demand Share, 2019-2026
12. Asia Pacific Lactic Acid Bacteria Drink Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Lactic Acid Bacteria Drink Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Lactic Acid Bacteria Drink Market Size and Volume Forecast by Application
12.4.1. Individual consumer
12.4.2. Business consumer
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Lactic Acid Bacteria Drink Market Size and Volume Forecast by Type
12.7.1. Active Lactic Acid Bacteria
12.7.2. Inactive Lactic Acid Bacteria
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Lactic Acid Bacteria Drink Demand Share, 2019-2026
13. Middle East & Africa Lactic Acid Bacteria Drink Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Lactic Acid Bacteria Drink Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Lactic Acid Bacteria Drink Market Size and Volume Forecast by Application
13.4.1. Individual consumer
13.4.2. Business consumer
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Lactic Acid Bacteria Drink Market Size and Volume Forecast by Type
13.7.1. Active Lactic Acid Bacteria
13.7.2. Inactive Lactic Acid Bacteria
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Lactic Acid Bacteria Drink Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Lactic Acid Bacteria Drink Market: Market Share Analysis
14.2. Lactic Acid Bacteria Drink Distributors and Customers
14.3. Lactic Acid Bacteria Drink Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Yakult
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Mengniu
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Jelley Brown
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. YILI
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Robust
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Xile
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. WEICHUAN CORP
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Haocaitou
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
