Global probiotic drinks market size to register 6.1% CAGR through 2027

Selbyville, Delaware, Dec. 02, 2020 (GLOBE NEWSWIRE) — According to industry experts, worldwide probiotic drinks market size was valued USD 13.65 billion in 2019 and is projected to register a y-o-y growth rate of 6.1% during 2020-2027. Increasing health conscious population is the primary growth driver of the industry.The research literature segments the market in terms of product type and distribution channels and provides a granular analysis of the same. Critical data pertaining to potential worth of investment in an area is curated by observing and studying various parameters such as net revenue, production capacity, regulatory scenario, and manufacturers operating in each region. Proceeding further, the report offers in-depth profiles of the leading players, inclusive of their business overview, strategies, and expansion plans.For the uninitiated, probiotic drinks contain friendly bacteria and yeast that improve the digestion functioning. These drinks pass the food through gut by stimulating nerves that control gut movement, thereby improving the digestive and immunity systems. These drinks regulate the natural balance of organisms in the intestines, and aid in treating and preventing conditions like diarrhea, gastrointestinal issues, and irritable bowel syndrome.Request Sample copy of this Report @ from growing awareness regarding the health benefits of probiotics, new product launches and strategic alliances among major manufacturers will play a key role in the expansion of global probiotic industry over the forecast timeline. For instance, Harmless Harvest, on 23rd January 2017, launched new plant-based probiotic beverages in San Francisco which were free of stabilizers, thickeners, and artificial flavors to cater to that specific demographics. Moreover, the product line is available in original, blueberries & acai, mangos & acerolas, and strawberry flavors which further encourages consumption.  Likewise, Yakult Honsha Co., Ltd., on 21st January 2019, launched its fat-free Yakult probiotic drink in Denmark to strengthen its foothold in the European market.On the contrary, high costs associated with research and development of new probiotic strains will negatively impact the industry growth in the upcoming years.Market fragmentation:Considering the product landscape, global probiotic industry is divided into the plant-based and diary based. Probiotic drinks are generally made from diary fermented diary products, however, with the increase in number lactose intolerant population, plant-based drinks are gaining popularity.Moving on to distribution channel, the market is split into online and offline. Widespread availability of probiotic drinks across various retailers including supermarkets, hypermarkets, grocery stores, and convenience stores is fueling offline segment growth. Whereas online segment is driven by proliferation of e-commerce industry which offers wide product options, discounts, and easy delivery.To access a sample copy or view this report in detail along with the table of contents, please click the link below: outlook:Global probiotic drinks market size spans across North America, Latin America, Asia Pacific, Europe, and Rest of the World. Currently, APAC accounts for majority industry share on account of several factors such as increasing disposable income levels, surging demand for nutritional food products, and presence of a large target population in the region.Global Probiotic Drinks Market Product Terrain (Revenue, USD Billion, 2017-2027)Plant-basedDairy-basedGlobal Probiotic Drinks Market Distribution Channels (Revenue, USD Billion, 2017-2027)OnlineOfflineGlobal Probiotic Drinks Market Regional Bifurcation (Revenue, USD Billion, 2017-2027)North AmericaUnited StatesCanadaEuropeSpainFranceItalyGermanyUnited KingdomRest of EuropeAsia PacificIndiaChinaJapanSouth KoreaAustraliaRest of APACLatin AmericaMexicoBrazilRest of the WorldGlobal Probiotic Drinks Market Competitive Dashboard (Revenue, USD Billion, 2017-2027)Nestle SALifeway Foods, Inc.Fonterra Co-operative Group Ltd.Bio-K Plus International, Inc.Harmless Harvest, Inc.NextFoods, Inc.PepsiCo, Inc.Amul (GCMMF)Danone S.A.Table of Content:Chapter 1. Executive Summary1.1.         Market Snapshot1.2.         Global & Segmental Market Estimates & Forecasts, 2018-2027 (USD Billion)1.2.1.     Probiotic Drinks Market, by Region, 2018-2027 (USD Billion)1.2.2.     Probiotic Drinks Market, by Product, 2018-2027 (USD Billion)1.2.3.     Probiotic Drinks Market, by Distribution Channel, 2018-2027 (USD Billion)1.3.         Key Trends1.4.         Estimation Methodology1.5.         Research AssumptionChapter 2. Global Probiotic Drinks Market Definition and Scope2.1.         Objective of the Study2.2.         Market Definition & Scope2.2.1.     Scope of the Study2.2.2.     Industry Evolution2.3.         Years Considered for the Study2.4.         Currency Conversion RatesChapter 3. Global Probiotic Drinks Market Dynamics     3.1.         Probiotic Drinks Market Impact Analysis (2018-2027)3.1.1.     Market Drivers3.1.2.     Market Challenges3.1.3.     Market OpportunitiesChapter 4. Global Probiotic Drinks Market: Industry Analysis4.1.         Porter’s 5 Force Model4.1.6.     Futuristic Approach to Porter’s 5 Force Model (2017-2027)4.2.         PEST Analysis4.2.1.     Political4.2.2.     Economical4.2.3.     Social4.2.4.     Technological4.3.         Investment Adoption Model4.4.         Analyst Recommendation & ConclusionChapter 5. Global Probiotic Drinks Market, by Product         5.1.         Market Snapshot5.2.         Global Probiotic Drinks Market by Product, Performance – Potential Analysis5.3.         Global Probiotic Drinks Market Estimates & Forecasts by Product 2017-2027 (USD Billion)5.4.         Probiotic Drinks Market, Sub Segment Analysis5.4.1.     Dairy-based5.4.2.     Plant-basedChapter 6. Global Probiotic Drinks Market, by Distribution Channel         6.1.         Market Snapshot6.2.         Global Probiotic Drinks Market by Distribution Channel, Performance – Potential Analysis6.3.         Global Probiotic Drinks Market Estimates & Forecasts by Distribution Channel 2017-2027 (USD Billion)6.4.         Probiotic Drinks Market, Sub Segment Analysis6.4.1.     Offline6.4.2.     OnlineChapter 7. Global Probiotic Drinks Market, Regional AnalysisRelated Report:Probiotics Market Size, Industry Analysis Report, Regional Outlook, Application Potential, Price Trends, Competitive Market Share & Forecast, 2015 – 2026Probiotics Market is expected to exceed USD 3.5 billion by 2026, as per new research report. Changing consumer perception towards easily digestible food & beverages, and rising awareness on potential benefits of probiotics induced supplements may boost market share. Increasing probiotics market demand for high quality food additives owing to changing perception towards overall wellness ad rising disposable income may boost market share. Probiotics strain enhanced additives are widely used to improve nutritional profile of non-dairy, meat, and baked preparations owing to rich concentration of antioxidants and vital amino acids which is likely encourage market demand. Consumers are shifting towards alternate versions of their favorite snacks which are fortified by probiotics strain as they aid in healthy digestion which may augment market share.About US:Market Study Report, LLC. is a hub for market intelligence products and services.We streamline the purchase of your market research reports and services through a single integrated platform by bringing all the major publishers and their services at one place.Our customers partner with Market Study Report, LLC. to ease their search and evaluation of market intelligence products and services and in turn focus on their company’s core activities.If you are looking for research reports on global or regional markets, competitive information, emerging markets and trends or just looking to stay on top of the curve then Market Study Report, LLC. is the platform that can help you in achieving any of these objectives.Contact Us:
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