Market Overview:
The global lactobacillus beverage 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 health benefits of probiotics, increasing demand for functional and healthy beverages, and growing inclination of consumers towards convenience foods. In addition, technological advancements in production processes are also contributing to the growth of this market. On the basis of type, active lactobacillus beverages accounted for a larger share in 2017 and is expected to maintain its dominance during the forecast period. This can be attributed to their high nutritional value and health benefits such as improved gut health, weight loss, and enhanced immunity. By application, food & beverage industry held a major share in 2017 owing to rising demand for probiotic-enriched food products across various regions worldwide.
Product Definition:
Lactobacillus is a type of bacteria that's commonly found in fermented foods like yogurt and sauerkraut. Lactobacillus beverage is a drink that's made from fermenting milk with this bacteria. It has a tart, acidic flavor and is often enjoyed as a probiotic supplement.
Active:
Active is a prebiotic used in the production of beverages such as probiotic yogurts, cheese, and other dairy products. It has several benefits over traditional ingredients such as GOS (Galacto-oligosaccharides) or MOS (maltodextrin). The primary benefit provided by this product is that it increases the population of good bacteria in the gut which improves digestive health.
Inactive:
Inactive is a product that has been heat-treated and is used as an ingredient in the production of lactic acid bacteria. It can be produced through chemical or enzymatic hydrolysis.
Application Insights:
The food and beverage industry accounted for the largest share of over 70.0% in 2017. The growth is attributed to increasing consumption of probiotic products in dairy products, bakery and confectionery items, dietary supplements, etc. Probiotics are widely used as a functional ingredient in manufacturing dairy products including cheese and yogurt due to their health benefits such as gastrointestinal comfort relief along with improved gut immunity function improvement among others which is expected to propel demand over the forecast period.
Retail industry is estimated to be one of the fastest-growing application segments owing to rising consumer spending on personal care & cosmetic items which offer skin & hair care benefits among others such as dental hygiene support, digestive comfort relief, immune system strengthening along with better organ functioning improvement among others which has created huge opportunities for manufacturers across the globe since past few years especially after getting clearance from regulatory authorities regarding safety standards concerning product usage patterns etc., thus propelling market growth worldwide during upcoming years.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to witness a growth rate of 5.6% over the forecast period, owing to increasing awareness about probiotics and its health benefits among consumers. Furthermore, presence of key manufacturers such as Chr Hansen Holding A/S; Danone S.A.; PepsiCo Inc.
Asia Pacific is expected to be one of the fastest growing regions due to rising demand for dairy products among consumers especially in countries such as China, India, Japan.
Europe was estimated at USD X million in 2017 owing with high consumption of yogurt across Germany; France; Italy; U.K.
Growth Factors:
- Increasing demand for probiotic beverages from health-conscious consumers.
- Rising awareness about the benefits of probiotics for gut health.
- Growing popularity of fermented foods and beverages among millennials and Gen Zers.
- Proliferation of online retail channels that offer a wide variety of lactobacillus-based drinks.
Scope Of The Report
Report Attributes
Report Details
Report Title
Lactobacillus Beverage Market Research Report
By Type
Active, Inactive
By Application
Food and Beverage Industry, Retail Industry, Other
By Companies
JelleyCrown, Nestle, Yili Group, Mengniu Dairy, Hangzhou Wahaha Group, Hubei Kuwo Dairy, Guangming Dairy Industry, Yakult, Hangzhou Weiquan Food, I-health, Xiaoyangren, Beijing Sanyuan Food
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
237
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Lactobacillus Beverage Market Report Segments:
The global Lactobacillus Beverage market is segmented on the basis of:
Types
Active, Inactive
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
Food and Beverage Industry, Retail Industry, 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:
- JelleyCrown
- Nestle
- Yili Group
- Mengniu Dairy
- Hangzhou Wahaha Group
- Hubei Kuwo Dairy
- Guangming Dairy Industry
- Yakult
- Hangzhou Weiquan Food
- I-health
- Xiaoyangren
- Beijing Sanyuan Food
Highlights of The Lactobacillus Beverage 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
- Inactive
- By Application:
- Food and Beverage Industry
- Retail Industry
- 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 Lactobacillus Beverage 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?
Lactobacillus beverage is a probiotic drink that contains live cultures of lactobacilli. These cultures help to improve digestion and support healthy gut bacteria.
Some of the major players in the lactobacillus beverage market are JelleyCrown, Nestle, Yili Group, Mengniu Dairy, Hangzhou Wahaha Group, Hubei Kuwo Dairy, Guangming Dairy Industry, Yakult, Hangzhou Weiquan Food, I-health, Xiaoyangren, Beijing Sanyuan Food.
The lactobacillus beverage market is expected to grow at a compound annual growth rate of 7.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Lactobacillus Beverage 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. Lactobacillus Beverage Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Lactobacillus Beverage Market - Supply Chain
4.5. Global Lactobacillus Beverage Market Forecast
4.5.1. Lactobacillus Beverage Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Lactobacillus Beverage Market Size (000 Units) and Y-o-Y Growth
4.5.3. Lactobacillus Beverage Market Absolute $ Opportunity
5. Global Lactobacillus Beverage 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. Lactobacillus Beverage Market Size and Volume Forecast by Type
5.3.1. Active
5.3.2. Inactive
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Lactobacillus Beverage 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. Lactobacillus Beverage Market Size and Volume Forecast by Application
6.3.1. Food and Beverage Industry
6.3.2. Retail Industry
6.3.3. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Lactobacillus Beverage 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. Lactobacillus Beverage 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 Lactobacillus Beverage 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. Lactobacillus Beverage 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 Lactobacillus Beverage Demand Share Forecast, 2019-2026
9. North America Lactobacillus Beverage 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 Lactobacillus Beverage 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 Lactobacillus Beverage Market Size and Volume Forecast by Application
9.4.1. Food and Beverage Industry
9.4.2. Retail Industry
9.4.3. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Lactobacillus Beverage Market Size and Volume Forecast by Type
9.7.1. Active
9.7.2. Inactive
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 Lactobacillus Beverage Demand Share Forecast, 2019-2026
10. Latin America Lactobacillus Beverage 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 Lactobacillus Beverage 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 Lactobacillus Beverage Market Size and Volume Forecast by Application
10.4.1. Food and Beverage Industry
10.4.2. Retail Industry
10.4.3. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Lactobacillus Beverage Market Size and Volume Forecast by Type
10.7.1. Active
10.7.2. Inactive
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 Lactobacillus Beverage Demand Share Forecast, 2019-2026
11. Europe Lactobacillus Beverage 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 Lactobacillus Beverage 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 Lactobacillus Beverage Market Size and Volume Forecast by Application
11.4.1. Food and Beverage Industry
11.4.2. Retail Industry
11.4.3. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Lactobacillus Beverage Market Size and Volume Forecast by Type
11.7.1. Active
11.7.2. Inactive
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Mrket 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 Lactobacillus Beverage Demand Share, 2019-2026
12. Asia Pacific Lactobacillus Beverage 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 Lactobacillus Beverage 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 Lactobacillus Beverage Market Size and Volume Forecast by Application
12.4.1. Food and Beverage Industry
12.4.2. Retail Industry
12.4.3. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Lactobacillus Beverage Market Size and Volume Forecast by Type
12.7.1. Active
12.7.2. Inactive
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 Lactobacillus Beverage Demand Share, 2019-2026
13. Middle East & Africa Lactobacillus Beverage 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 Lactobacillus Beverage 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 Lactobacillus Beverage Market Size and Volume Forecast by Application
13.4.1. Food and Beverage Industry
13.4.2. Retail Industry
13.4.3. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Lactobacillus Beverage Market Size and Volume Forecast by Type
13.7.1. Active
13.7.2. Inactive
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 Lactobacillus Beverage Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Lactobacillus Beverage Market: Market Share Analysis
14.2. Lactobacillus Beverage Distributors and Customers
14.3. Lactobacillus Beverage Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. JelleyCrown
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Nestle
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Yili Group
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Mengniu Dairy
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Hangzhou Wahaha Group
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Hubei Kuwo Dairy
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Guangming Dairy Industry
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Yakult
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Hangzhou Weiquan Food
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. I-health
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Xiaoyangren
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Beijing Sanyuan Food
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
