Probiotic Drinks Market Report: Revenue Analysis by Gross Margin of Companies till 2030
Probiotic
Drinks Market Analysis
The probiotic
drinks market is prognosticated to register a splendid growth at a favorable
8.4% CAGR with USD 40.27 billion over the predicted
years (2023-2030). Probiotics are fibers which feed the essential bacteria in
the gut along with helping them flourish. It helps a person to stay well via
giving the needed boost to their immune system, gain higher level of wellness
as well as shield them from invading viruses and bacteria. Probiotics help in
maintaining the organisms natural balance in the intestine along with treating
and potentially preventing GI problems such as irritable bowel syndrome, diarrhea
and those occurring from antibiotic treatment. Lack of exercise, less sleep,
high stress and an unbalanced diet can make the digestive system go out of
balance. This gives the harmful bacteria the chance to multiply resulting in
weak immunity or poor digestion. Here probiotic drinks help a great deal. The
different benefits of consuming probiotic drinks include aids digestion,
support gut health, fight chronic diseases and infections, enhance mental
health, reduce the risk for sensitivities and allergies and is a good source of
various nutrients.
There are
abundant factors that are propelling the probiotic
drinks market trends. These factors as per the MRFR (Market Research
Future) report include growing awareness of probiotic drinks and its various
health benefits, demand for natural products, launch of new drinks in different
interesting flavors such as raspberry and citrus, availability of low-fat
variants, increasing health awareness amid consumers, advancement in product
development, technological improvements, boost in the wellness sector awareness
and product promotions through different channels. On the contrary, product intolerance
is likely to hamper the growth of the probiotic drinks market.
Key Players
Key players
profiled in the probiotic drinks market include KeVita, Inc. (U.S.), Grupo
Lala, S.A.B. de C.V. (Mexico), DANONE, SA (Spain), Nestle S.A. (Switzerland),
Amul Industries Pvt Ltd. (India), Bio-K Plus International Inc. (Canada),
Bright Dairy & Food Co., Ltd. (China), and others.
March 2019-
Leading probiotic products company, Lifeway Foods, Inc has announced about its
latest product line, Plantiful. This is a plant-based, vegan probiotic beverage
that has been created with organic ingredients having non-GMO pea protein base.
The new probiotic drink is 100% free from soy, gluten and dairy. It comes in
both children and adult versions and in different exciting and tempting flavors
such as tropical fruit, mixed berry, coconut vanilla and of course plain.
Market
Segmentation
The probiotic
drinks market report on the basis of type, microbial species, packaging and
distribution channel.
Based on type,
it is segmented into fruit based, dairy based and others. Of these, dairy based
will have the maximum share in the market over the predicted years owing to
growing acceptance as well adoptability.
By microbial
species, the probiotic drinks market is segmented into yeast, bacteria and
others. Of these, bacterial segment will lead the market over the predicted
years. Lactobacillus strain is generally used in most probiotic drinks.
Based on
packaging, it is segmented into paper and paperboards, metals, plastics, glass
and others. Of these, plastic material will dominate the probiotic drinks
market over the predicted years owing to ease in transportation and toughness.
Based on
distribution channel, the probiotic drinks market is segmented into non-store
based and store-based. Of these, store-based distribution channel will have a
higher share in the market over the predicted years due to the one-stop shopping
experience.
Regional
Analysis
By region, the
probiotic drinks market covers growth opportunities and latest trends across
North America, Europe, Asia Pacific and Rest of the World. Of these, the APAC
region will have lion’s share in the probiotic drinks market. China and Japan
have the utmost consumption of fermented foods that is anticipated to support
the growth of the market. Besides, consumers rising disposable income in India,
growing awareness of healthy food habits and increased need of functional
beverages especially probiotic drinks is driving the market growth in this
region. The growing number of gut related diseases in various European
countries especially France and Germany have uplifted the need for probiotic
drinks here that is anticipated to propel the probiotic drinks market growth
over the predicted years.
NOTE: Our
Team of Researchers are Studying Covid19 and its Impact on Various Industry
Verticals and wherever required we will be considering Covid19 Footprints for
Better Analysis of Market and Industries. Cordially get in Touch for More
Details.
Contact us:
Market
Research Future (part of Wantstats Research and Media Private Limited),
99 Hudson Street,5Th Floor, New York, New York
10013, United States of America
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