The growing demand for functional beverages to improve digestive health has fuelled market growth over the years. Consumers are becoming more aware of the product and recognize its significance for gut health. Furthermore, rising health awareness among consumers, particularly young consumers, has augmented global demand for the product.
Data Bridge Market Research analyses that the probiotic drinks market was valued at USD 16.13 billion in 2021 and is expected to reach the value of USD 31.44 billion by 2029, at a CAGR of 8.70% during the forecast period of 2022-2029. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
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Some of the major players operating in the Probiotic Drinks market are:
- Cargill Incorporated (U.S.)
- Nestlé (Switzerland)
- GCMMF (India)
- Bio-K (Canada)
- Fonterra Co-operative Group (New Zealand)
- DSM (Netherlands)
- PepsiCo (U.S.)
- Harmless Harvest (U.S.)
- Lifeway Foods, Inc (U.S.)
- Yakult (India)
Global Probiotic Drinks Market Scope
The probiotic drinks market is segmented on the basis of type, bacteria, flavour, and distribution channel. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Type
- Fruit based
- Dairy based
- Others
Bacteria
- Lactobacillus
- Streptococcus
- Bifid Bacterium
- Others
Flavor
- Regular
- Berry
- Tropical
- Others
Distribution channel
- Store-Based
- Supermarkets Hypermarkets
- Convenience Stores
- Others
- Non-Store-Based
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Probiotic Drinks Market Regional Analysis/Insights
The probiotic drinks market is analysed and market size insights and trends are provided by country, type, bacteria, and distribution channel as referenced above.
The countries covered in the probiotic drinks market report are U.S., Canada, Mexico, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa.
Asia-Pacific dominates the probiotic drinks market and is expected to continue to do so during the forecast period. This is primarily due to the fact that probiotic drinks were invented in Japan in 1930 and have since gained enormous popularity among Asian consumers as well as the rapid development of the region's health and wellness industry.
North America is expected to grow at a significant growth rate over the forecast period of 2022 to 2029 because of the growing middle-class population, increasing health concerns, and growing availability of the probiotic drinks.
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