Probiotic Drinks Market Overview, Manufacturers, Types, Regions and Application Research Report, 2030
Market Analysis
The
global probiotic drinks market is prognosticated to register a splendid growth
at a favorable 8.4% CAGR 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 is propelling the growth of the probiotic
drinks market insights. 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.
Regional Analysis
By
region, the probiotic
drinks market trends 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.
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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