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2022
Probiotic Drinks Market

Probiotic Drinks Market by Type (Dairy-Based, Plant-Based), by Flavor (Regular, Berry, Tropical, Others), by Sales Channel (Hypermarkets And Supermarkets, Convenience Stores, Online Retail, Others), : Global Opportunity Analysis and Industry Forecast, 2020-2031

A15898
Pages: 270
Mar 2022 | 425 Views
   
Author(s) : Gururaj Ramangouda Patil , Roshan Deshmukh
Tables: 155
Charts: 54
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COVID-19

Pandemic disrupted the entire world and affected many industries.

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Probiotic Drinks Market Research, 2031

The global probiotic drinks market was valued at $11,047.40 million in 2020, and is projected to reach $23,405.70 million by 2031, growing at a CAGR of 6.6% from 2022 to 2031.

During the recent outbreak of COVID-19, owing to mandatory closures and restrictions by relevant regulatory agencies, operations in many industries were suspended or operated with a minimum of employees. However, probiotics have multiple intestinal health benefits and promote immunity. As a result, the demand for probiotic drinks has increased during the spread of COVID 19 to maintain healthy immune system. It has a significant positive impact on the industry's revenue growth. In addition, health benefits associated with overall health is also expected to fuel the global revenue growth of the market.

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Probiotics are bacteria that provide health benefits when consumed. Ingested bacteria that are related to human and animal health benefits are referred to as probiotics. Probiotic drinks are typically dairy-based beverages with a milky texture. They are consumed to aid digestion. Addition of probiotics to whey improves its characteristics and benefits significantly. Inclusion of flavors improves sensory properties of drinks while also increasing its shelf life. These factors drive demand for probiotic drinks in the market.

The probiotic drinks market has witnessed significant growth, owing to increase in number of health-conscious consumers increasingly focusing on intestine health and overall immunity. Furthermore, key players in the market are trying to consolidate their position by introducing high-quality products and establishing partnerships with well-known local nutraceutical brands, which is expected to drive the growth during the probiotic drinks market forecast period.

Probiotics are necessary for gut health. Probiotic beverages are a delicious way to keep stomach in good shape. Dairy-based probiotics are available in a variety of forms. Non-dairy supplements are required for lactose intolerance, vegetarianism, and excessive cholesterol. Probiotics have recently created from a number of fruits and vegetables. Fruits and vegetables are high in vital nutrients, making them an ideal matrix for making probiotic drinks with maximum health advantages.

Consumers have now become more aware of the product and comprehending its value for gut health. Furthermore, rise in health awareness among customers, particularly among young consumers, have led to global demand for the product. Furthermore, the availability of ready-to-drink items for use on the go has led to the probiotic drinks market growth.

Probiotic drinks aid in maintenance of a healthy stomach bacterial balance, which has a range of health benefits, including improved digestion, immunological function, and weight loss. These drinks promote bowel movement and nutrient absorption when consumed on a regular basis. Furthermore, these beverages boost mental health as various studies have shown that gut health is linked to mood and mental health. As a result, the substance aids in reduction of depression, anxiety, OCD, and autism. The products may also help to strengthen the immune system by encouraging creation of natural antibodies in the human body.

The probiotic drinks market is segmented on the basis of type, flavor, sales channel, and region. On the basis of type, the market is categorized into dairy-based probiotic drinks and plant-based probiotic drinks. By flavor, it is segregated into regular, berry, tropical, and others. Depending on sales channel, it is fragmented into hypermarkets/supermarkets, convenience stores, online retail, and others. Region wise, it is analyzed across North America (the U.S., Canada, and Mexico), Europe (Germany, France, the UK, Italy, Spain, Russia, the Netherlands, and rest of Europe), Asia-Pacific (China, Japan, Australia, South Korea, India, and rest of Asia-Pacific), and LAMEA (Brazil, Argentina, Saudi Arabia, South Africa, the UAE, and rest of LAMEA).

Probiotic Drinks Market
By Type

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Dairy-Based probiotic drinks contribute the highest revenue share

The dairy-based probiotic drinks segment held a major share of the global probiotic drinks market in 2020, and this trend is projected to continue during the forecast period. Probiotic drinks are generally made from fermented milk and other dairy products such as yogurt, which makes it significant segment of the global probiotic drinks market.

The top leader that holds significant share in the global probiotic drinks market such as Yakult Honsha Co., Ltd. and Denone SA sales and distributes dairy based probiotic drinks in huge quantity makes it prominent segment in the market. For instance, Yakult Honsha Co., Ltd. sells around 40 million bottles of probiotic drinks per day across the globe.

Probiotic Drinks Market
By Flavor

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The berry-flavored probiotic drinks segment is expected to grow at the highest CAGR during the forecast period

On the basis of flavor, the regular flavored probiotic drink segment was valued at $ 6,988.8 million in 2020, and is expected to reach $ 14,510.4 million by 2031 at a CAGR of 6.4%. Health-conscious people are significant users of probiotic drinks. These consumers are more focused on quality of products rather than flavor or taste of products. Moreover, probiotic drinks are made by fermented milk or yogurt by further adding live Lactobacillus casei Shirota bacteria in the product. In addition, probiotic drinks are considered as ready-to drink or on the go drinks that are widely available in the form of shots. Regular probiotic drinks segment driving the expansion of the probiotic drinks market size globally.

Probiotic Drinks Market
By Sales Channel

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The online reatil segment is expected to grow at the highest CAGR during the forecast period

On the basis of sales channel, the online retail segment was valued at $ 2,618.8 million in 2021, and is expected to reach $ 6,002.8 million by 2031 at a CAGR of 7.4%.

Increase in use of e-commerce portals in developing regions as well as an increase in number of deals or discounts offered by these sites encourage end users, such as home consumers and health institutions, to buy probiotic drinks through these platforms. Furthermore, e-commerce platforms have expanded customer reach, resulting in it becoming a major source of revenue for many businesses. Furthermore, owing to rapid increase of internet-enabled mobile user bases in emerging nations, the e-commerce segment is expected to expand in the future.

Probiotic Drinks Market
By Region

2031
Asia-pacific 
North America
Europe
Lamea

Asia Pacific is expected to dominate the market

Asia-Pacific has been dominating the probiotic drinks market share, and is expected to sustain its dominance during the forecast period. This is mainly attributed to the fact that probiotic drink was first invented in Japan in 1930, and it has gained huge popularity among Asian consumers. Both online and offline demand for probiotic drinks is growing, which has also promoted growth of the regional market. The most promising growth rate in this course is expected to come from Asia-Pacific. The strong growth of the regional market is attributed to rapid development of the health and wellness industry in the region.

Key players operating in the global probiotic drinks industry have adopted various developmental strategies to expand their market share, increase profitability, and remain competitive in the market. Key players profiled in this report include GCMMF (AMUL), Fonterra Co-operative Group Ltd, Yakult Honsha Co., Ltd., Denone SA, Bio-K+, Lifeway Foods, Inc., Chobani, LLC, NextFoods, Inc., PepsiCo Inc, and Harmless Harvest.

Key Benefits For Stakeholders

  • This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the probiotic drinks market analysis from 2020 to 2031 to identify the prevailing probiotic drinks market opportunities.
  • The market research is offered along with information related to key probiotic drinks market trends, drivers, restraints, and opportunities.
  • Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
  • In-depth analysis of the probiotic drinks market segmentation assists to determine the prevailing market opportunities.
  • Major countries in each region are mapped according to their revenue contribution to the global market.
  • Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
  • The report includes the analysis of the regional as well as global probiotic drinks market demand trends, key players, market segments, application areas, and market growth strategies.

Key Market Segments

  • By Type
    • Dairy-Based
    • Plant-Based
  • By Flavor
    • Regular
    • Berry
    • Tropical
    • Others
  • By Sales Channel
    • Hypermarkets And Supermarkets
    • Convenience Stores
    • Online Retail
    • Others
  • By Region
    • North America
      • U.S.
      • Canada
      • Mexico
    • Europe
      • Germany
      • France
      • U.K.
      • Italy
      • Spain
      • Russia
      • Netherlands
      • Rest of Europe
    • Asia-Pacific
      • China
      • Japan
      • Australia
      • South Korea
      • India
      • Rest of Asia-Pacific
    • LAMEA
      • Brazil
      • Argentina
      • Saudi Arabia
      • South Africa
      • United Arab Emirates
      • Rest of LAMEA


Key Market Players

  • Chobani, LLC
  • Denone SA
  • GCMMF (AMUL)
  • Harmless Harvest
  • NextFoods, Inc.
  • PepsiCo Inc
  • Yakult Honsha Co., Ltd.
  • Lifeway Foods, Inc.
  • Fonterra Co-operative Group Ltd
 
  • CHAPTER 1:INTRODUCTION

    • 1.1.Report description

    • 1.2.Key market segments

    • 1.3.Key benefits to the stakeholders

    • 1.4.Research Methodology

      • 1.4.1.Secondary research

      • 1.4.2.Primary research

      • 1.4.3.Analyst tools and models

  • CHAPTER 2:EXECUTIVE SUMMARY

    • 2.1.Key findings of the study

    • 2.2.CXO Perspective

  • CHAPTER 3:MARKET OVERVIEW

    • 3.1.Market definition and scope

    • 3.2.Key findings

      • 3.2.1.Top investment pockets

    • 3.3.Porter’s five forces analysis

    • 3.4.Top player positioning

    • 3.5.Market dynamics

      • 3.5.1.Drivers

      • 3.5.2.Restraints

      • 3.5.3.Opportunities

    • 3.6.COVID-19 Impact Analysis on the market

    • 3.7.Pricing Analysis

  • CHAPTER 4: PROBIOTIC DRINKS MARKET, BY TYPE

    • 4.1 Overview

      • 4.1.1 Market size and forecast

    • 4.2 Dairy-Based

      • 4.2.1 Key market trends, growth factors and opportunities

      • 4.2.2 Market size and forecast, by region

      • 4.2.3 Market analysis by country

    • 4.3 Plant-Based

      • 4.3.1 Key market trends, growth factors and opportunities

      • 4.3.2 Market size and forecast, by region

      • 4.3.3 Market analysis by country

  • CHAPTER 5: PROBIOTIC DRINKS MARKET, BY FLAVOR

    • 5.1 Overview

      • 5.1.1 Market size and forecast

    • 5.2 Regular

      • 5.2.1 Key market trends, growth factors and opportunities

      • 5.2.2 Market size and forecast, by region

      • 5.2.3 Market analysis by country

    • 5.3 Berry

      • 5.3.1 Key market trends, growth factors and opportunities

      • 5.3.2 Market size and forecast, by region

      • 5.3.3 Market analysis by country

    • 5.4 Tropical

      • 5.4.1 Key market trends, growth factors and opportunities

      • 5.4.2 Market size and forecast, by region

      • 5.4.3 Market analysis by country

    • 5.5 Others

      • 5.5.1 Key market trends, growth factors and opportunities

      • 5.5.2 Market size and forecast, by region

      • 5.5.3 Market analysis by country

  • CHAPTER 6: PROBIOTIC DRINKS MARKET, BY SALES CHANNEL

    • 6.1 Overview

      • 6.1.1 Market size and forecast

    • 6.2 Hypermarkets And Supermarkets

      • 6.2.1 Key market trends, growth factors and opportunities

      • 6.2.2 Market size and forecast, by region

      • 6.2.3 Market analysis by country

    • 6.3 Convenience Stores

      • 6.3.1 Key market trends, growth factors and opportunities

      • 6.3.2 Market size and forecast, by region

      • 6.3.3 Market analysis by country

    • 6.4 Online Retail

      • 6.4.1 Key market trends, growth factors and opportunities

      • 6.4.2 Market size and forecast, by region

      • 6.4.3 Market analysis by country

    • 6.5 Others

      • 6.5.1 Key market trends, growth factors and opportunities

      • 6.5.2 Market size and forecast, by region

      • 6.5.3 Market analysis by country

  • CHAPTER 7: PROBIOTIC DRINKS MARKET, BY REGION

    • 7.1 Overview

      • 7.1.1 Market size and forecast

    • 7.2 North America

      • 7.2.1 Key trends and opportunities

      • 7.2.2 North America Market size and forecast, by Type

      • 7.2.3 North America Market size and forecast, by Flavor

      • 7.2.4 North America Market size and forecast, by Sales Channel

      • 7.2.5 North America Market size and forecast, by country

        • 7.2.5.1 U.S.
          • 7.2.5.1.1 Market size and forecast, by Type
          • 7.2.5.1.2 Market size and forecast, by Flavor
          • 7.2.5.1.3 Market size and forecast, by Sales Channel
        • 7.2.5.2 Canada
          • 7.2.5.2.1 Market size and forecast, by Type
          • 7.2.5.2.2 Market size and forecast, by Flavor
          • 7.2.5.2.3 Market size and forecast, by Sales Channel
        • 7.2.5.3 Mexico
          • 7.2.5.3.1 Market size and forecast, by Type
          • 7.2.5.3.2 Market size and forecast, by Flavor
          • 7.2.5.3.3 Market size and forecast, by Sales Channel
    • 7.3 Europe

      • 7.3.1 Key trends and opportunities

      • 7.3.2 Europe Market size and forecast, by Type

      • 7.3.3 Europe Market size and forecast, by Flavor

      • 7.3.4 Europe Market size and forecast, by Sales Channel

      • 7.3.5 Europe Market size and forecast, by country

        • 7.3.5.1 Germany
          • 7.3.5.1.1 Market size and forecast, by Type
          • 7.3.5.1.2 Market size and forecast, by Flavor
          • 7.3.5.1.3 Market size and forecast, by Sales Channel
        • 7.3.5.2 France
          • 7.3.5.2.1 Market size and forecast, by Type
          • 7.3.5.2.2 Market size and forecast, by Flavor
          • 7.3.5.2.3 Market size and forecast, by Sales Channel
        • 7.3.5.3 U.K.
          • 7.3.5.3.1 Market size and forecast, by Type
          • 7.3.5.3.2 Market size and forecast, by Flavor
          • 7.3.5.3.3 Market size and forecast, by Sales Channel
        • 7.3.5.4 Italy
          • 7.3.5.4.1 Market size and forecast, by Type
          • 7.3.5.4.2 Market size and forecast, by Flavor
          • 7.3.5.4.3 Market size and forecast, by Sales Channel
        • 7.3.5.5 Spain
          • 7.3.5.5.1 Market size and forecast, by Type
          • 7.3.5.5.2 Market size and forecast, by Flavor
          • 7.3.5.5.3 Market size and forecast, by Sales Channel
        • 7.3.5.6 Russia
          • 7.3.5.6.1 Market size and forecast, by Type
          • 7.3.5.6.2 Market size and forecast, by Flavor
          • 7.3.5.6.3 Market size and forecast, by Sales Channel
        • 7.3.5.7 Netherlands
          • 7.3.5.7.1 Market size and forecast, by Type
          • 7.3.5.7.2 Market size and forecast, by Flavor
          • 7.3.5.7.3 Market size and forecast, by Sales Channel
        • 7.3.5.8 Rest of Europe
          • 7.3.5.8.1 Market size and forecast, by Type
          • 7.3.5.8.2 Market size and forecast, by Flavor
          • 7.3.5.8.3 Market size and forecast, by Sales Channel
    • 7.4 Asia-Pacific

      • 7.4.1 Key trends and opportunities

      • 7.4.2 Asia-Pacific Market size and forecast, by Type

      • 7.4.3 Asia-Pacific Market size and forecast, by Flavor

      • 7.4.4 Asia-Pacific Market size and forecast, by Sales Channel

      • 7.4.5 Asia-Pacific Market size and forecast, by country

        • 7.4.5.1 China
          • 7.4.5.1.1 Market size and forecast, by Type
          • 7.4.5.1.2 Market size and forecast, by Flavor
          • 7.4.5.1.3 Market size and forecast, by Sales Channel
        • 7.4.5.2 Japan
          • 7.4.5.2.1 Market size and forecast, by Type
          • 7.4.5.2.2 Market size and forecast, by Flavor
          • 7.4.5.2.3 Market size and forecast, by Sales Channel
        • 7.4.5.3 Australia
          • 7.4.5.3.1 Market size and forecast, by Type
          • 7.4.5.3.2 Market size and forecast, by Flavor
          • 7.4.5.3.3 Market size and forecast, by Sales Channel
        • 7.4.5.4 South Korea
          • 7.4.5.4.1 Market size and forecast, by Type
          • 7.4.5.4.2 Market size and forecast, by Flavor
          • 7.4.5.4.3 Market size and forecast, by Sales Channel
        • 7.4.5.5 India
          • 7.4.5.5.1 Market size and forecast, by Type
          • 7.4.5.5.2 Market size and forecast, by Flavor
          • 7.4.5.5.3 Market size and forecast, by Sales Channel
        • 7.4.5.6 Rest of Asia-Pacific
          • 7.4.5.6.1 Market size and forecast, by Type
          • 7.4.5.6.2 Market size and forecast, by Flavor
          • 7.4.5.6.3 Market size and forecast, by Sales Channel
    • 7.5 LAMEA

      • 7.5.1 Key trends and opportunities

      • 7.5.2 LAMEA Market size and forecast, by Type

      • 7.5.3 LAMEA Market size and forecast, by Flavor

      • 7.5.4 LAMEA Market size and forecast, by Sales Channel

      • 7.5.5 LAMEA Market size and forecast, by country

        • 7.5.5.1 Brazil
          • 7.5.5.1.1 Market size and forecast, by Type
          • 7.5.5.1.2 Market size and forecast, by Flavor
          • 7.5.5.1.3 Market size and forecast, by Sales Channel
        • 7.5.5.2 Argentina
          • 7.5.5.2.1 Market size and forecast, by Type
          • 7.5.5.2.2 Market size and forecast, by Flavor
          • 7.5.5.2.3 Market size and forecast, by Sales Channel
        • 7.5.5.3 Saudi Arabia
          • 7.5.5.3.1 Market size and forecast, by Type
          • 7.5.5.3.2 Market size and forecast, by Flavor
          • 7.5.5.3.3 Market size and forecast, by Sales Channel
        • 7.5.5.4 South Africa
          • 7.5.5.4.1 Market size and forecast, by Type
          • 7.5.5.4.2 Market size and forecast, by Flavor
          • 7.5.5.4.3 Market size and forecast, by Sales Channel
        • 7.5.5.5 United Arab Emirates
          • 7.5.5.5.1 Market size and forecast, by Type
          • 7.5.5.5.2 Market size and forecast, by Flavor
          • 7.5.5.5.3 Market size and forecast, by Sales Channel
        • 7.5.5.6 Rest of LAMEA
          • 7.5.5.6.1 Market size and forecast, by Type
          • 7.5.5.6.2 Market size and forecast, by Flavor
          • 7.5.5.6.3 Market size and forecast, by Sales Channel
  • CHAPTER 8: COMPANY LANDSCAPE

    • 8.1. Introduction

    • 8.2. Top winning strategies

    • 8.3. Product Mapping of Top 10 Player

    • 8.4. Competitive Dashboard

    • 8.5. Competitive Heatmap

    • 8.6. Key developments

  • CHAPTER 9: COMPANY PROFILES

    • 9.1 Chobani, LLC

      • 9.1.1 Company overview

      • 9.1.2 Company snapshot

      • 9.1.3 Operating business segments

      • 9.1.4 Product portfolio

      • 9.1.5 Business performance

      • 9.1.6 Key strategic moves and developments

    • 9.2 Denone SA

      • 9.2.1 Company overview

      • 9.2.2 Company snapshot

      • 9.2.3 Operating business segments

      • 9.2.4 Product portfolio

      • 9.2.5 Business performance

      • 9.2.6 Key strategic moves and developments

    • 9.3 GCMMF (AMUL)

      • 9.3.1 Company overview

      • 9.3.2 Company snapshot

      • 9.3.3 Operating business segments

      • 9.3.4 Product portfolio

      • 9.3.5 Business performance

      • 9.3.6 Key strategic moves and developments

    • 9.4 Harmless Harvest

      • 9.4.1 Company overview

      • 9.4.2 Company snapshot

      • 9.4.3 Operating business segments

      • 9.4.4 Product portfolio

      • 9.4.5 Business performance

      • 9.4.6 Key strategic moves and developments

    • 9.5 NextFoods, Inc.

      • 9.5.1 Company overview

      • 9.5.2 Company snapshot

      • 9.5.3 Operating business segments

      • 9.5.4 Product portfolio

      • 9.5.5 Business performance

      • 9.5.6 Key strategic moves and developments

    • 9.6 PepsiCo Inc

      • 9.6.1 Company overview

      • 9.6.2 Company snapshot

      • 9.6.3 Operating business segments

      • 9.6.4 Product portfolio

      • 9.6.5 Business performance

      • 9.6.6 Key strategic moves and developments

    • 9.7 Yakult Honsha Co., Ltd.

      • 9.7.1 Company overview

      • 9.7.2 Company snapshot

      • 9.7.3 Operating business segments

      • 9.7.4 Product portfolio

      • 9.7.5 Business performance

      • 9.7.6 Key strategic moves and developments

    • 9.8 Lifeway Foods, Inc.

      • 9.8.1 Company overview

      • 9.8.2 Company snapshot

      • 9.8.3 Operating business segments

      • 9.8.4 Product portfolio

      • 9.8.5 Business performance

      • 9.8.6 Key strategic moves and developments

    • 9.9 Fonterra Co-operative Group Ltd

      • 9.9.1 Company overview

      • 9.9.2 Company snapshot

      • 9.9.3 Operating business segments

      • 9.9.4 Product portfolio

      • 9.9.5 Business performance

      • 9.9.6 Key strategic moves and developments

    Note: Details on financial performance and strategic moves and developments may not be captured for unlisted companies.

  • LIST OF TABLES

  • TABLE 1. GLOBAL PROBIOTICS DRINK MARKET, BY TYPE, 2020-2031,($MILLION)
    TABLE 2. PROBIOTICS DRINK MARKET REVENUE, FOR DAIRY-BASED, BY REGION , 2020-2031,($MILLION)
    TABLE 3. PROBIOTICS DRINK MARKET DAIRY-BASED BY COUNTRY, 2020-2031,($MILLION)
    TABLE 4. PROBIOTICS DRINK MARKET REVENUE, FOR PLANT-BASED, BY REGION , 2020-2031,($MILLION)
    TABLE 5. PROBIOTICS DRINK MARKET PLANT-BASED BY COUNTRY, 2020-2031,($MILLION)
    TABLE 6. GLOBAL PROBIOTICS DRINK MARKET, BY FLAVOR, 2020-2031,($MILLION)
    TABLE 7. PROBIOTICS DRINK MARKET REVENUE, FOR REGULAR, BY REGION , 2020-2031,($MILLION)
    TABLE 8. PROBIOTICS DRINK MARKET REGULAR BY COUNTRY, 2020-2031,($MILLION)
    TABLE 9. PROBIOTICS DRINK MARKET REVENUE, FOR BERRY, BY REGION , 2020-2031,($MILLION)
    TABLE 10. PROBIOTICS DRINK MARKET BERRY BY COUNTRY, 2020-2031,($MILLION)
    TABLE 11. PROBIOTICS DRINK MARKET REVENUE, FOR TROPICAL, BY REGION , 2020-2031,($MILLION)
    TABLE 12. PROBIOTICS DRINK MARKET TROPICAL BY COUNTRY, 2020-2031,($MILLION)
    TABLE 13. PROBIOTICS DRINK MARKET REVENUE, FOR OTHERS, BY REGION , 2020-2031,($MILLION)
    TABLE 14. PROBIOTICS DRINK MARKET OTHERS BY COUNTRY, 2020-2031,($MILLION)
    TABLE 15. GLOBAL PROBIOTICS DRINK MARKET, BY SALES CHANNEL, 2020-2031,($MILLION)
    TABLE 16. PROBIOTICS DRINK MARKET REVENUE, FOR HYPERMARKETS AND SUPERMARKETS, BY REGION , 2020-2031,($MILLION)
    TABLE 17. PROBIOTICS DRINK MARKET HYPERMARKETS AND SUPERMARKETS BY COUNTRY, 2020-2031,($MILLION)
    TABLE 18. PROBIOTICS DRINK MARKET REVENUE, FOR CONVENIENCE STORES, BY REGION , 2020-2031,($MILLION)
    TABLE 19. PROBIOTICS DRINK MARKET CONVENIENCE STORES BY COUNTRY, 2020-2031,($MILLION)
    TABLE 20. PROBIOTICS DRINK MARKET REVENUE, FOR ONLINE RETAIL, BY REGION , 2020-2031,($MILLION)
    TABLE 21. PROBIOTICS DRINK MARKET ONLINE RETAIL BY COUNTRY, 2020-2031,($MILLION)
    TABLE 22. PROBIOTICS DRINK MARKET REVENUE, FOR OTHERS, BY REGION , 2020-2031,($MILLION)
    TABLE 23. PROBIOTICS DRINK MARKET OTHERS BY COUNTRY, 2020-2031,($MILLION)
    TABLE 24. PROBIOTICS DRINK MARKET, BY REGION, 2020-2031,($MILLION)
    TABLE 25. NORTH AMERICA PROBIOTICS DRINK MARKET, BY TYPE, 2020-2031,($MILLION)
    TABLE 26. NORTH AMERICA PROBIOTICS DRINK MARKET, BY FLAVOR, 2020-2031,($MILLION)
    TABLE 27. NORTH AMERICA PROBIOTICS DRINK MARKET, BY SALES CHANNEL, 2020-2031,($MILLION)
    TABLE 28. NORTH AMERICA PROBIOTICS DRINK MARKET, BY COUNTRY, 2020-2031,($MILLION)
    TABLE 29. U.S. PROBIOTICS DRINK MARKET BY TYPE 2020-2031,($MILLION)
    TABLE 30. U.S. PROBIOTICS DRINK MARKET BY FLAVOR 2020-2031,($MILLION)
    TABLE 31. U.S. PROBIOTICS DRINK MARKET BY SALES CHANNEL 2020-2031,($MILLION)
    TABLE 32. CANADA PROBIOTICS DRINK MARKET BY TYPE 2020-2031,($MILLION)
    TABLE 33. CANADA PROBIOTICS DRINK MARKET BY FLAVOR 2020-2031,($MILLION)
    TABLE 34. CANADA PROBIOTICS DRINK MARKET BY SALES CHANNEL 2020-2031,($MILLION)
    TABLE 35. MEXICO PROBIOTICS DRINK MARKET BY TYPE 2020-2031,($MILLION)
    TABLE 36. MEXICO PROBIOTICS DRINK MARKET BY FLAVOR 2020-2031,($MILLION)
    TABLE 37. MEXICO PROBIOTICS DRINK MARKET BY SALES CHANNEL 2020-2031,($MILLION)
    TABLE 38. EUROPE PROBIOTICS DRINK MARKET, BY TYPE, 2020-2031,($MILLION)
    TABLE 39. EUROPE PROBIOTICS DRINK MARKET, BY FLAVOR, 2020-2031,($MILLION)
    TABLE 40. EUROPE PROBIOTICS DRINK MARKET, BY SALES CHANNEL, 2020-2031,($MILLION)
    TABLE 41. EUROPE PROBIOTICS DRINK MARKET, BY COUNTRY, 2020-2031,($MILLION)
    TABLE 42. GERMANY PROBIOTICS DRINK MARKET BY TYPE 2020-2031,($MILLION)
    TABLE 43. GERMANY PROBIOTICS DRINK MARKET BY FLAVOR 2020-2031,($MILLION)
    TABLE 44. GERMANY PROBIOTICS DRINK MARKET BY SALES CHANNEL 2020-2031,($MILLION)
    TABLE 45. FRANCE PROBIOTICS DRINK MARKET BY TYPE 2020-2031,($MILLION)
    TABLE 46. FRANCE PROBIOTICS DRINK MARKET BY FLAVOR 2020-2031,($MILLION)
    TABLE 47. FRANCE PROBIOTICS DRINK MARKET BY SALES CHANNEL 2020-2031,($MILLION)
    TABLE 48. U.K. PROBIOTICS DRINK MARKET BY TYPE 2020-2031,($MILLION)
    TABLE 49. U.K. PROBIOTICS DRINK MARKET BY FLAVOR 2020-2031,($MILLION)
    TABLE 50. U.K. PROBIOTICS DRINK MARKET BY SALES CHANNEL 2020-2031,($MILLION)
    TABLE 51. ITALY PROBIOTICS DRINK MARKET BY TYPE 2020-2031,($MILLION)
    TABLE 52. ITALY PROBIOTICS DRINK MARKET BY FLAVOR 2020-2031,($MILLION)
    TABLE 53. ITALY PROBIOTICS DRINK MARKET BY SALES CHANNEL 2020-2031,($MILLION)
    TABLE 54. SPAIN PROBIOTICS DRINK MARKET BY TYPE 2020-2031,($MILLION)
    TABLE 55. SPAIN PROBIOTICS DRINK MARKET BY FLAVOR 2020-2031,($MILLION)
    TABLE 56. SPAIN PROBIOTICS DRINK MARKET BY SALES CHANNEL 2020-2031,($MILLION)
    TABLE 57. RUSSIA PROBIOTICS DRINK MARKET BY TYPE 2020-2031,($MILLION)
    TABLE 58. RUSSIA PROBIOTICS DRINK MARKET BY FLAVOR 2020-2031,($MILLION)
    TABLE 59. RUSSIA PROBIOTICS DRINK MARKET BY SALES CHANNEL 2020-2031,($MILLION)
    TABLE 60. NETHERLANDS PROBIOTICS DRINK MARKET BY TYPE 2020-2031,($MILLION)
    TABLE 61. NETHERLANDS PROBIOTICS DRINK MARKET BY FLAVOR 2020-2031,($MILLION)
    TABLE 62. NETHERLANDS PROBIOTICS DRINK MARKET BY SALES CHANNEL 2020-2031,($MILLION)
    TABLE 63. REST OF EUROPE PROBIOTICS DRINK MARKET BY TYPE 2020-2031,($MILLION)
    TABLE 64. REST OF EUROPE PROBIOTICS DRINK MARKET BY FLAVOR 2020-2031,($MILLION)
    TABLE 65. REST OF EUROPE PROBIOTICS DRINK MARKET BY SALES CHANNEL 2020-2031,($MILLION)
    TABLE 66. ASIA-PACIFIC PROBIOTICS DRINK MARKET, BY TYPE, 2020-2031,($MILLION)
    TABLE 67. ASIA-PACIFIC PROBIOTICS DRINK MARKET, BY FLAVOR, 2020-2031,($MILLION)
    TABLE 68. ASIA-PACIFIC PROBIOTICS DRINK MARKET, BY SALES CHANNEL, 2020-2031,($MILLION)
    TABLE 69. ASIA-PACIFIC PROBIOTICS DRINK MARKET, BY COUNTRY, 2020-2031,($MILLION)
    TABLE 70. CHINA PROBIOTICS DRINK MARKET BY TYPE 2020-2031,($MILLION)
    TABLE 71. CHINA PROBIOTICS DRINK MARKET BY FLAVOR 2020-2031,($MILLION)
    TABLE 72. CHINA PROBIOTICS DRINK MARKET BY SALES CHANNEL 2020-2031,($MILLION)
    TABLE 73. JAPAN PROBIOTICS DRINK MARKET BY TYPE 2020-2031,($MILLION)
    TABLE 74. JAPAN PROBIOTICS DRINK MARKET BY FLAVOR 2020-2031,($MILLION)
    TABLE 75. JAPAN PROBIOTICS DRINK MARKET BY SALES CHANNEL 2020-2031,($MILLION)
    TABLE 76. AUSTRALIA PROBIOTICS DRINK MARKET BY TYPE 2020-2031,($MILLION)
    TABLE 77. AUSTRALIA PROBIOTICS DRINK MARKET BY FLAVOR 2020-2031,($MILLION)
    TABLE 78. AUSTRALIA PROBIOTICS DRINK MARKET BY SALES CHANNEL 2020-2031,($MILLION)
    TABLE 79. SOUTH KOREA PROBIOTICS DRINK MARKET BY TYPE 2020-2031,($MILLION)
    TABLE 80. SOUTH KOREA PROBIOTICS DRINK MARKET BY FLAVOR 2020-2031,($MILLION)
    TABLE 81. SOUTH KOREA PROBIOTICS DRINK MARKET BY SALES CHANNEL 2020-2031,($MILLION)
    TABLE 82. INDIA PROBIOTICS DRINK MARKET BY TYPE 2020-2031,($MILLION)
    TABLE 83. INDIA PROBIOTICS DRINK MARKET BY FLAVOR 2020-2031,($MILLION)
    TABLE 84. INDIA PROBIOTICS DRINK MARKET BY SALES CHANNEL 2020-2031,($MILLION)
    TABLE 85. REST OF ASIA-PACIFIC PROBIOTICS DRINK MARKET BY TYPE 2020-2031,($MILLION)
    TABLE 86. REST OF ASIA-PACIFIC PROBIOTICS DRINK MARKET BY FLAVOR 2020-2031,($MILLION)
    TABLE 87. REST OF ASIA-PACIFIC PROBIOTICS DRINK MARKET BY SALES CHANNEL 2020-2031,($MILLION)
    TABLE 88. LAMEA PROBIOTICS DRINK MARKET, BY TYPE, 2020-2031,($MILLION)
    TABLE 89. LAMEA PROBIOTICS DRINK MARKET, BY FLAVOR, 2020-2031,($MILLION)
    TABLE 90. LAMEA PROBIOTICS DRINK MARKET, BY SALES CHANNEL, 2020-2031,($MILLION)
    TABLE 91. LAMEA PROBIOTICS DRINK MARKET, BY COUNTRY, 2020-2031,($MILLION)
    TABLE 92. BRAZIL PROBIOTICS DRINK MARKET BY TYPE 2020-2031,($MILLION)
    TABLE 93. BRAZIL PROBIOTICS DRINK MARKET BY FLAVOR 2020-2031,($MILLION)
    TABLE 94. BRAZIL PROBIOTICS DRINK MARKET BY SALES CHANNEL 2020-2031,($MILLION)
    TABLE 95. ARGENTINA PROBIOTICS DRINK MARKET BY TYPE 2020-2031,($MILLION)
    TABLE 96. ARGENTINA PROBIOTICS DRINK MARKET BY FLAVOR 2020-2031,($MILLION)
    TABLE 97. ARGENTINA PROBIOTICS DRINK MARKET BY SALES CHANNEL 2020-2031,($MILLION)
    TABLE 98. SAUDI ARABIA PROBIOTICS DRINK MARKET BY TYPE 2020-2031,($MILLION)
    TABLE 99. SAUDI ARABIA PROBIOTICS DRINK MARKET BY FLAVOR 2020-2031,($MILLION)
    TABLE 100. SAUDI ARABIA PROBIOTICS DRINK MARKET BY SALES CHANNEL 2020-2031,($MILLION)
    TABLE 101. SOUTH AFRICA PROBIOTICS DRINK MARKET BY TYPE 2020-2031,($MILLION)
    TABLE 102. SOUTH AFRICA PROBIOTICS DRINK MARKET BY FLAVOR 2020-2031,($MILLION)
    TABLE 103. SOUTH AFRICA PROBIOTICS DRINK MARKET BY SALES CHANNEL 2020-2031,($MILLION)
    TABLE 104. UNITED ARAB EMIRATES PROBIOTICS DRINK MARKET BY TYPE 2020-2031,($MILLION)
    TABLE 105. UNITED ARAB EMIRATES PROBIOTICS DRINK MARKET BY FLAVOR 2020-2031,($MILLION)
    TABLE 106. UNITED ARAB EMIRATES PROBIOTICS DRINK MARKET BY SALES CHANNEL 2020-2031,($MILLION)
    TABLE 107. REST OF LAMEA PROBIOTICS DRINK MARKET BY TYPE 2020-2031,($MILLION)
    TABLE 108. REST OF LAMEA PROBIOTICS DRINK MARKET BY FLAVOR 2020-2031,($MILLION)
    TABLE 109. REST OF LAMEA PROBIOTICS DRINK MARKET BY SALES CHANNEL 2020-2031,($MILLION)
    TABLE 110.YAKULT HONSHA CO., LTD., LIFEWAY FOODS, INC., FONTERRA CO-OPERATIVE GROUP LTD: COMPANY SNAPSHOT
    TABLE 111.YAKULT HONSHA CO., LTD., LIFEWAY FOODS, INC., FONTERRA CO-OPERATIVE GROUP LTD: OPERATING SEGMENTS
    TABLE 112.YAKULT HONSHA CO., LTD., LIFEWAY FOODS, INC., FONTERRA CO-OPERATIVE GROUP LTD: PRODUCT PORTFOLIO
    TABLE 113.YAKULT HONSHA CO., LTD., LIFEWAY FOODS, INC., FONTERRA CO-OPERATIVE GROUP LTD: NET SALES,
    TABLE 114.YAKULT HONSHA CO., LTD., LIFEWAY FOODS, INC., FONTERRA CO-OPERATIVE GROUP LTD: KEY STRATERGIES
  • LIST OF FIGURES

  • FIGURE 1.PROBIOTICS DRINK MARKET SEGMENTATION
    FIGURE 2.PROBIOTICS DRINK MARKET,2020-2031
    FIGURE 3.PROBIOTICS DRINK MARKET,2020-2031
    FIGURE 4. TOP INVESTMENT POCKETS, BY REGION
    FIGURE 5.PORTER FIVE-1
    FIGURE 6.PORTER FIVE-2
    FIGURE 7.PORTER FIVE-3
    FIGURE 8.PORTER FIVE-4
    FIGURE 9.PORTER FIVE-5
    FIGURE 10.TOP PLAYER POSITIONING
    FIGURE 11.PROBIOTICS DRINK MARKET:DRIVERS, RESTRAINTS AND OPPORTUNITIES
    FIGURE 11.PROBIOTICS DRINK MARKET,BY TYPE,2020(%)
    FIGURE 12.COMPARATIVE SHARE ANALYSIS OF DAIRY-BASED PROBIOTICS DRINK MARKET,2020-2031(%)
    FIGURE 13.COMPARATIVE SHARE ANALYSIS OF PLANT-BASED PROBIOTICS DRINK MARKET,2020-2031(%)
    FIGURE 14.PROBIOTICS DRINK MARKET,BY FLAVOR,2020(%)
    FIGURE 15.COMPARATIVE SHARE ANALYSIS OF REGULAR PROBIOTICS DRINK MARKET,2020-2031(%)
    FIGURE 16.COMPARATIVE SHARE ANALYSIS OF BERRY PROBIOTICS DRINK MARKET,2020-2031(%)
    FIGURE 17.COMPARATIVE SHARE ANALYSIS OF TROPICAL PROBIOTICS DRINK MARKET,2020-2031(%)
    FIGURE 18.COMPARATIVE SHARE ANALYSIS OF OTHERS PROBIOTICS DRINK MARKET,2020-2031(%)
    FIGURE 19.PROBIOTICS DRINK MARKET,BY SALES CHANNEL,2020(%)
    FIGURE 20.COMPARATIVE SHARE ANALYSIS OF HYPERMARKETS AND SUPERMARKETS PROBIOTICS DRINK MARKET,2020-2031(%)
    FIGURE 21.COMPARATIVE SHARE ANALYSIS OF CONVENIENCE STORES PROBIOTICS DRINK MARKET,2020-2031(%)
    FIGURE 22.COMPARATIVE SHARE ANALYSIS OF ONLINE RETAIL PROBIOTICS DRINK MARKET,2020-2031(%)
    FIGURE 23.COMPARATIVE SHARE ANALYSIS OF OTHERS PROBIOTICS DRINK MARKET,2020-2031(%)
    FIGURE 24.PROBIOTICS DRINK MARKET BY REGION,2020
    FIGURE 25.U.S. PROBIOTICS DRINK MARKET,2020-2031($MILLION)
    FIGURE 26.CANADA PROBIOTICS DRINK MARKET,2020-2031($MILLION)
    FIGURE 27.MEXICO PROBIOTICS DRINK MARKET,2020-2031($MILLION)
    FIGURE 28.GERMANY PROBIOTICS DRINK MARKET,2020-2031($MILLION)
    FIGURE 29.FRANCE PROBIOTICS DRINK MARKET,2020-2031($MILLION)
    FIGURE 30.U.K. PROBIOTICS DRINK MARKET,2020-2031($MILLION)
    FIGURE 31.ITALY PROBIOTICS DRINK MARKET,2020-2031($MILLION)
    FIGURE 32.SPAIN PROBIOTICS DRINK MARKET,2020-2031($MILLION)
    FIGURE 33.RUSSIA PROBIOTICS DRINK MARKET,2020-2031($MILLION)
    FIGURE 34.NETHERLANDS PROBIOTICS DRINK MARKET,2020-2031($MILLION)
    FIGURE 35.REST OF EUROPE PROBIOTICS DRINK MARKET,2020-2031($MILLION)
    FIGURE 36.CHINA PROBIOTICS DRINK MARKET,2020-2031($MILLION)
    FIGURE 37.JAPAN PROBIOTICS DRINK MARKET,2020-2031($MILLION)
    FIGURE 38.AUSTRALIA PROBIOTICS DRINK MARKET,2020-2031($MILLION)
    FIGURE 39.SOUTH KOREA PROBIOTICS DRINK MARKET,2020-2031($MILLION)
    FIGURE 40.INDIA PROBIOTICS DRINK MARKET,2020-2031($MILLION)
    FIGURE 41.REST OF ASIA-PACIFIC PROBIOTICS DRINK MARKET,2020-2031($MILLION)
    FIGURE 42.BRAZIL PROBIOTICS DRINK MARKET,2020-2031($MILLION)
    FIGURE 43.ARGENTINA PROBIOTICS DRINK MARKET,2020-2031($MILLION)
    FIGURE 44.SAUDI ARABIA PROBIOTICS DRINK MARKET,2020-2031($MILLION)
    FIGURE 45.SOUTH AFRICA PROBIOTICS DRINK MARKET,2020-2031($MILLION)
    FIGURE 46.UNITED ARAB EMIRATES PROBIOTICS DRINK MARKET,2020-2031($MILLION)
    FIGURE 47.REST OF LAMEA PROBIOTICS DRINK MARKET,2020-2031($MILLION)
    FIGURE 48. TOP WINNING STRATEGIES, BY YEAR
    FIGURE 49. TOP WINNING STRATEGIES, BY DEVELOPMENT
    FIGURE 50. TOP WINNING STRATEGIES, BY COMPANY
    FIGURE 51.PRODUCT MAPPING OF TOP 10 PLAYERS
    FIGURE 52.COMPETITIVE DASHBOARD
    FIGURE 53.COMPETITIVE HEATMAP OF TOP 10 KEY PLAYERS
    FIGURE 54.YAKULT HONSHA CO., LTD., LIFEWAY FOODS, INC., FONTERRA CO-OPERATIVE GROUP LTD.: NET SALES ,($MILLION)

 
 

Awareness among consumers of health and wellness continues to increase, forcing manufacturers to focus on continuous product innovation with healthy and sustainable ingredients to gain a considerable market share. Increase in gut health issues, indigestion, and intestinal health problems fuel demand for probiotic drinks. Probiotic drink manufacturers also focused on research and development to offer high quality products along with various flavors.

Another important factor that fuels the global demand for probiotic drinks is increasing public awareness regarding preventive healthcare and rise in importance of dietary supplements and functional food products. Healthy lifestyle also propels the market growth. Plant-based probiotic drinks along with various flavor profiles also propel the market growth. In addition, in developing economies, consumers are becoming more aware of health and wellness like never before, which also contributes toward growth of the market.

In view of the recent COVID-19 outbreak, a paradigm change toward preventive health management methods is driving the probiotic drinks market, which is fueled by rise in healthcare expenses and increase in burden of diseases such as COVID-19. Probiotic drinks are a type of functional beverages that can help to improve gut health by balancing intestine and raising immunity, which is expected to drive growth of the global probiotic drinks market.

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A. Probiotic drinks market is segmented into type, flavor, sales channel, and region.

A. 2022-2031 is the forecast period for probiotic drinks market report

A. Probiotic drinks market is expected to register CAGR of 6.6% over the forecast period.

A. The probiotic drinks market size was valued at $ 11,047.4 million in 2020.

A. Asia Pacific region is the largest market for probiotic drinks.

A. India, China, South Korea, and France are lucrative markets for probiotic drinks, growing at a CAGR of 8.6%, 7.4%, 7.9%, and 7.7%, respectively, during the forecast period.

A. Yakult Honsha Co., Ltd., Fonterra Co-operative Group Ltd, Denone SA, Lifeway Foods, Inc. are the top companies in the probiotic drinks market.

A. Health advantages of probiotic drinks have been essential in boosting market expansion during the COVID-19 pandemic. A paradigm changes toward preventative health management methods propels the probiotic drinks market, which is fueled by rising healthcare expenses and rise in burden of diseases such as COVID-19. Probiotic drinks are a type of functional beverages that can help to improve gut health by balancing the intestine, thereby raising immunity.

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