Germany Probiotic Drinks Market Competitors, Growth Opportunities, and Forecast 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.
The Germany probiotic drinks market is a mature segment of the functional beverages industry, characterized by its widespread availability and consumer acceptance. Probiotic drinks, which contain live beneficial bacteria, are known to improve gut health and boost immunity. These beverages are popular among health-conscious consumers looking for natural ways to improve their digestive health.
There are
abundant factors that are propelling the growth of the probiotic drinks market.
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
The probiotic
drinks key market players 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
MRFR report
offers a broad segmental analysis of the probiotic drinks market 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.
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