Global Probiotic Drinks Market Size, Share & Trends Analysis Report, Forecast Period, 2023-2030
Report ID: MS-2237 | Food and Beverages | Last updated: Dec, 2024 | Formats*:
Description
Table of content
Market Segments
The Probiotic Drinks market is experiencing robust expansion, with market size projected to increase from (17.53 billion) 2024 to (34.17 billion) 2030, demonstrating a consistent year-over-year growth rate of 8.71% Probiotic Drinks Market Size, Share, Competitive Landscape and Trend Analysis Report, by Types (Fruit-Based, Dairy-Based, Others),
,by Bacteria (Lactobacillus, Streptococcus, Bifid Bacterium, Others), by Flavor
(Regular, Berry, Tropical, Others)
,by Distribution Channel
(Store-Based, Non-Store-Based)
And regions (North America(United States, Canada, Mexico), South America(Brazil, Argentina, Chile, Rest of South America), Europe(Germany, France, Italy, United Kingdom, Benelux, Nordics, Rest of Europe), Asia Pacific(China, Japan, India, South Korea, Australia, Southeast Asia, Rest of Asia-Pacific), MEA(Middle East, Africa)) : Industry Forecast and Opportunity Analysis for 2024 - 2030
The probiotic drinks market involves all beverages containing live microorganisms, or the so-called probiotics, which are vital for gut and overall wellness. Probiotic drinks are available in the form of dairy- or yoghurt-based beverages or those of non-dairy origin, such as drinks made with plant milk.
Probiotic drinks, therefore, are seeing an increased demand in the market due to the rising consciousness of consumers regarding gut health along with the requirement to consume natural and functional food and drink products.
Probiotic Drinks Report Highlights
Report Metrics | Details |
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Forecast period | 2019-2030 |
Base Year Of Estimation | 2023 |
Growth Rate | CAGR of 8.71% |
Forecast Value (2030) | USD 34.17 billion |
By Product Type | Fruit-Based, Dairy-Based, Others |
Key Market Players |
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By Region |
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Probiotic Drinks Market Trends
Rising awareness among consumers regarding gut health and wellness has contributed to the growth of the probiotic drinks market. One of the significant trends in the different probiotics and functional beverages, specifically those that address digestive health, immunity, or metabolism, is being shaped by the increasing demands of consumers for water, drinks, or foods with these health benefits. People are now preferring naturally grown organic probiotic drinks, which have pushed even natural product manufacturers into researching clean-label, non-GMO, or plant-based formulations. The spreading of dairy-free alternatives such as kombucha and plant-based yoghurt adds spice to the market, aiming at the demands of vegans and lactose-intolerant people. Apart from that, the e-commerce programs are becoming another effective sales distribution channel for probiotic drinks worldwide. Trends for personalised nutrition and collabs between food and health-tech companies will produce further diversification in products as probiotic drinks become common in health-focused lifestyles.Probiotic Drinks Market Leading Players
The key players profiled in the report are Bio-K Plus International Inc., Cargill Inc., Chobani LLC, Danone S.A., Fonterra Co-operative Group, GCMMF (Amul), GoodBelly Probiotics, Lifeway Foods Inc., Nestle’ SA, Others, PepsiCo, Yakult Honsha Co. Ltd.Growth Accelerators
Probiotic drinks are currently gaining traction due to the increasing awareness among consumers regarding gut health and how it affects their overall well-being. With an increase in the attention paid to digestive health these days, probiotic drinks are perceived to be highly contributed to better gut microbiota, increased immunity, and prevention from gastrointestinal problems. The increasing lifestyle-related disorders, such as IBS and obesity, have created higher demand for functional beverages, especially from the health-conscious pool of consumers. The natural and functional food trend also adds fuel to the market, correlated with the growing adoption of plant-based diets. Innovative product formulations such as dairy-free and low-sugar options cater to different diets and most likely broaden the consumer base. Increased penetration into the emerging markets combined with efficient marketing strategies to highlight the health benefits of probiotics would continue their global market growth.Probiotic Drinks Market Segmentation analysis
The Global Probiotic Drinks is segmented by Type, and Region. By Type, the market is divided into Distributed Fruit-Based, Dairy-Based, Others . Geographically, the market is assessed across key Regions like North America(United States, Canada, Mexico), South America(Brazil, Argentina, Chile, Rest of South America), Europe(Germany, France, Italy, United Kingdom, Benelux, Nordics, Rest of Europe), Asia Pacific(China, Japan, India, South Korea, Australia, Southeast Asia, Rest of Asia-Pacific), MEA(Middle East, Africa) and others, each presenting distinct growth opportunities and challenges influenced by the regions.Competitive Landscape
The scenario of probiotic drinks is defined by the presence of many internationally reputed companies and new local companies. Danone, Nestlé, and Yakult are the major players in their probiotic drinks markets and have formulated beverages dedicated to health-conscious consumers. These companies build their stronghold over the market through extensive distribution networks, large product portfolios, and huge brand identities. Innovation is their main weapon to retain their position in the market—forging new flavours for the products while combining them with new health benefits like immunity improvement or digestive help.Challenges In Probiotic Drinks Market
The major challenges facing the probiotic drinks market are related to consumer awareness and education. There is quite a bit of confusion among consumers, and they continue not to know what probiotic drinks are and their health benefits. Such ignorance among consumers can prevent market growth. Differentiating between probiotic drinks with proven health benefits and those that merely advertise the probiotics is also a challenge. The onus lies in educating consumers on specific strains' effects on gut health and how to select the right products. Another challenge attached to the probiotic drinks market is product stability and effectiveness. Probiotics are really sensitive to environmental conditions such as temperature and light, which might impair potency during production, storage, and transportation, making it a great challenge for manufacturers in ensuring their products would still keep their properties throughout the supply chain. Moreover, there are also other hurdles regarding regulatory claims and quality standards that differ from country to country, which can lead to difficulties in standardising the products by companies on a worldwide basis.Risks & Prospects in Probiotic Drinks Market
There are ample opportunities for probiotic drinks in the market due to increased consumer awareness of gut health and its relationship to general well-being. Probiotic drinks are emerging as popular products and a functional and wellness-enhancing beverage option, with more people on the lookout for healthy, natural alternatives to sugary beverages. With the consumers continuing to pay more attention toward digestive health, immunity, and mental well-being, the probiotic drinks market, comprising varieties like kombucha, kefir, and other fermented dairy beverages, is expected to grow further. Innovations in flavour, packaging, and product formulations will attract such drinks to health-conscious consumers even more. In addition, several prospects with the future emerging markets are disposable incomes and changing dietary patterns with respect to increasing demand for functional beverages. These ready-to-drink probiotic products are increasingly being created toward plant-based and lactose-free preferences since they have general consumer flavours. Other product opportunities include the promotion of clean label products and sustainable packaging as a result of increased preferences for that category among consumers.Key Target Audience
The probiotic beverages market mainly identifies health-conscious people desiring functional drinks to improve gut health, enhance immunity, and nurture holistic well-being as their major target audience. Such consumers can often be identified as millennials and members of the Gen Z cohort, striving for solutions in natural health and prevention. For instance, these individuals consume probiotic beverages that enhance digestive processes and help balance the microbiome. This market also intends to include customers that suffer from specific conditions like irritable bowel syndrome (IBS), using probiotics as one of the regimens to alleviate their symptoms and improve effectiveness in digestive operation.,, Another great population for consumption is athletes and fitness enthusiasts who get probiotics into their routine with the hope of improving digestion, decreasing inflammation, or recovering after a workout. Thus, they are consumers looking for beverages whose functional uses exceed hydration. The market will also attract consumers who follow plant-based, gluten-free, or dairy-free diets since many probiotic drinks can be prepared to meet these dietary needs, therefore widening the consumer base and increasing adoption by diverse demographic groups.Merger and acquisition
The probiotic drinks market is under voracious reshaping today with mega-companies merging and acquiring others to ensure that they spread wings with product offerings and the breadth of the menu. Beliv, a company renowned for innovative beverages, has acquired ready-to-drink cold brew coffee brand High Brew in 2023. Wonderful for Beliv, as this acquisition dovetails the strategy of increasing portfolio diversification and now adding products with prebiotics, probiotics, and postbiotics. This is a move from the jutting inclination due to rising consumer appetites for such health-orientated drinks: Yakult Honsha, for instance, has indicated that it opened another plant for production capability expansion, underlining its market consolidation strategy in strategic regions such as China. Functional beverages with health-promoting benefits promoting gut health are expanding, as are consumers increasingly aware of the importance of functional beverages in their health. Various market barriers, such as mergers and acquisitions made for competitive advantages, are further exposing leading industry players, including the Fonterra company, Danone, and the Kerry Group, among others. >Analyst Comment
"The market for probiotic drinks has been rising enormously owing to the willingness of consumers to understand health benefits from probiotics. Probiotics are living microorganisms that help improve gut health, immunity, and overall well-being. The other market drivers include rising functional beverage demand, increasing health awareness among consumers, and increasing popularity of plant-based and organic products. Among the alternatives that are now preferred by consumers as their natural and sustainable replacements for conventional drinks, probiotic drinks have become trendy owing to that developing customer perspective. This market is likely to continue its upward growth trajectory through innovations in the products themselves, channels of distribution, and new entrants into the market."Table of content
1: Introduction
2: Executive Summary
3: Market Overview
4: Probiotic Drinks Market by Type
5: Probiotic Drinks Market by Bacteria
6: Probiotic Drinks Market by Flavor
7: Probiotic Drinks Market by Distribution Channel
8: Probiotic Drinks Market by Region
10: Company Profiles
11: Analyst Perspective and Conclusion
- 1.1 Report description
- 1.2 Key market segments
- 1.3 Key benefits to the stakeholders
2: Executive Summary
- 2.1 Probiotic Drinks- Snapshot
- 2.2 Probiotic Drinks- Segment Snapshot
- 2.3 Probiotic Drinks- Competitive Landscape Snapshot
3: Market Overview
- 3.1 Market definition and scope
- 3.2 Key findings
- 3.2.1 Top impacting factors
- 3.2.2 Top investment pockets
- 3.3 Porter’s five forces analysis
- 3.3.1 Low bargaining power of suppliers
- 3.3.2 Low threat of new entrants
- 3.3.3 Low threat of substitutes
- 3.3.4 Low intensity of rivalry
- 3.3.5 Low bargaining power of buyers
- 3.4 Market dynamics
- 3.4.1 Drivers
- 3.4.2 Restraints
- 3.4.3 Opportunities
4: Probiotic Drinks Market by Type
- 4.1 Overview
- 4.1.1 Market size and forecast
- 4.2 Fruit-Based
- 4.2.1 Key market trends, factors driving growth, and opportunities
- 4.2.2 Market size and forecast, by region
- 4.2.3 Market share analysis by country
- 4.3 Dairy-Based
- 4.3.1 Key market trends, factors driving growth, and opportunities
- 4.3.2 Market size and forecast, by region
- 4.3.3 Market share analysis by country
- 4.4 Others
- 4.4.1 Key market trends, factors driving growth, and opportunities
- 4.4.2 Market size and forecast, by region
- 4.4.3 Market share analysis by country
5: Probiotic Drinks Market by Bacteria
- 5.1 Overview
- 5.1.1 Market size and forecast
- 5.2 Lactobacillus
- 5.2.1 Key market trends, factors driving growth, and opportunities
- 5.2.2 Market size and forecast, by region
- 5.2.3 Market share analysis by country
- 5.3 Streptococcus
- 5.3.1 Key market trends, factors driving growth, and opportunities
- 5.3.2 Market size and forecast, by region
- 5.3.3 Market share analysis by country
- 5.4 Bifid Bacterium
- 5.4.1 Key market trends, factors driving growth, and opportunities
- 5.4.2 Market size and forecast, by region
- 5.4.3 Market share analysis by country
- 5.5 Others
- 5.5.1 Key market trends, factors driving growth, and opportunities
- 5.5.2 Market size and forecast, by region
- 5.5.3 Market share analysis by country
6: Probiotic Drinks Market by Flavor
- 6.1 Overview
- 6.1.1 Market size and forecast
- 6.2 Regular
- 6.2.1 Key market trends, factors driving growth, and opportunities
- 6.2.2 Market size and forecast, by region
- 6.2.3 Market share analysis by country
- 6.3 Berry
- 6.3.1 Key market trends, factors driving growth, and opportunities
- 6.3.2 Market size and forecast, by region
- 6.3.3 Market share analysis by country
- 6.4 Tropical
- 6.4.1 Key market trends, factors driving growth, and opportunities
- 6.4.2 Market size and forecast, by region
- 6.4.3 Market share analysis by country
- 6.5 Others
- 6.5.1 Key market trends, factors driving growth, and opportunities
- 6.5.2 Market size and forecast, by region
- 6.5.3 Market share analysis by country
7: Probiotic Drinks Market by Distribution Channel
- 7.1 Overview
- 7.1.1 Market size and forecast
- 7.2 Store-Based
- 7.2.1 Key market trends, factors driving growth, and opportunities
- 7.2.2 Market size and forecast, by region
- 7.2.3 Market share analysis by country
- 7.3 Non-Store-Based
- 7.3.1 Key market trends, factors driving growth, and opportunities
- 7.3.2 Market size and forecast, by region
- 7.3.3 Market share analysis by country
8: Probiotic Drinks Market by Region
- 8.1 Overview
- 8.1.1 Market size and forecast By Region
- 8.2 North America
- 8.2.1 Key trends and opportunities
- 8.2.2 Market size and forecast, by Type
- 8.2.3 Market size and forecast, by Application
- 8.2.4 Market size and forecast, by country
- 8.2.4.1 United States
- 8.2.4.1.1 Key market trends, factors driving growth, and opportunities
- 8.2.4.1.2 Market size and forecast, by Type
- 8.2.4.1.3 Market size and forecast, by Application
- 8.2.4.2 Canada
- 8.2.4.2.1 Key market trends, factors driving growth, and opportunities
- 8.2.4.2.2 Market size and forecast, by Type
- 8.2.4.2.3 Market size and forecast, by Application
- 8.2.4.3 Mexico
- 8.2.4.3.1 Key market trends, factors driving growth, and opportunities
- 8.2.4.3.2 Market size and forecast, by Type
- 8.2.4.3.3 Market size and forecast, by Application
- 8.2.4.1 United States
- 8.3 South America
- 8.3.1 Key trends and opportunities
- 8.3.2 Market size and forecast, by Type
- 8.3.3 Market size and forecast, by Application
- 8.3.4 Market size and forecast, by country
- 8.3.4.1 Brazil
- 8.3.4.1.1 Key market trends, factors driving growth, and opportunities
- 8.3.4.1.2 Market size and forecast, by Type
- 8.3.4.1.3 Market size and forecast, by Application
- 8.3.4.2 Argentina
- 8.3.4.2.1 Key market trends, factors driving growth, and opportunities
- 8.3.4.2.2 Market size and forecast, by Type
- 8.3.4.2.3 Market size and forecast, by Application
- 8.3.4.3 Chile
- 8.3.4.3.1 Key market trends, factors driving growth, and opportunities
- 8.3.4.3.2 Market size and forecast, by Type
- 8.3.4.3.3 Market size and forecast, by Application
- 8.3.4.4 Rest of South America
- 8.3.4.4.1 Key market trends, factors driving growth, and opportunities
- 8.3.4.4.2 Market size and forecast, by Type
- 8.3.4.4.3 Market size and forecast, by Application
- 8.3.4.1 Brazil
- 8.4 Europe
- 8.4.1 Key trends and opportunities
- 8.4.2 Market size and forecast, by Type
- 8.4.3 Market size and forecast, by Application
- 8.4.4 Market size and forecast, by country
- 8.4.4.1 Germany
- 8.4.4.1.1 Key market trends, factors driving growth, and opportunities
- 8.4.4.1.2 Market size and forecast, by Type
- 8.4.4.1.3 Market size and forecast, by Application
- 8.4.4.2 France
- 8.4.4.2.1 Key market trends, factors driving growth, and opportunities
- 8.4.4.2.2 Market size and forecast, by Type
- 8.4.4.2.3 Market size and forecast, by Application
- 8.4.4.3 Italy
- 8.4.4.3.1 Key market trends, factors driving growth, and opportunities
- 8.4.4.3.2 Market size and forecast, by Type
- 8.4.4.3.3 Market size and forecast, by Application
- 8.4.4.4 United Kingdom
- 8.4.4.4.1 Key market trends, factors driving growth, and opportunities
- 8.4.4.4.2 Market size and forecast, by Type
- 8.4.4.4.3 Market size and forecast, by Application
- 8.4.4.5 Benelux
- 8.4.4.5.1 Key market trends, factors driving growth, and opportunities
- 8.4.4.5.2 Market size and forecast, by Type
- 8.4.4.5.3 Market size and forecast, by Application
- 8.4.4.6 Nordics
- 8.4.4.6.1 Key market trends, factors driving growth, and opportunities
- 8.4.4.6.2 Market size and forecast, by Type
- 8.4.4.6.3 Market size and forecast, by Application
- 8.4.4.7 Rest of Europe
- 8.4.4.7.1 Key market trends, factors driving growth, and opportunities
- 8.4.4.7.2 Market size and forecast, by Type
- 8.4.4.7.3 Market size and forecast, by Application
- 8.4.4.1 Germany
- 8.5 Asia Pacific
- 8.5.1 Key trends and opportunities
- 8.5.2 Market size and forecast, by Type
- 8.5.3 Market size and forecast, by Application
- 8.5.4 Market size and forecast, by country
- 8.5.4.1 China
- 8.5.4.1.1 Key market trends, factors driving growth, and opportunities
- 8.5.4.1.2 Market size and forecast, by Type
- 8.5.4.1.3 Market size and forecast, by Application
- 8.5.4.2 Japan
- 8.5.4.2.1 Key market trends, factors driving growth, and opportunities
- 8.5.4.2.2 Market size and forecast, by Type
- 8.5.4.2.3 Market size and forecast, by Application
- 8.5.4.3 India
- 8.5.4.3.1 Key market trends, factors driving growth, and opportunities
- 8.5.4.3.2 Market size and forecast, by Type
- 8.5.4.3.3 Market size and forecast, by Application
- 8.5.4.4 South Korea
- 8.5.4.4.1 Key market trends, factors driving growth, and opportunities
- 8.5.4.4.2 Market size and forecast, by Type
- 8.5.4.4.3 Market size and forecast, by Application
- 8.5.4.5 Australia
- 8.5.4.5.1 Key market trends, factors driving growth, and opportunities
- 8.5.4.5.2 Market size and forecast, by Type
- 8.5.4.5.3 Market size and forecast, by Application
- 8.5.4.6 Southeast Asia
- 8.5.4.6.1 Key market trends, factors driving growth, and opportunities
- 8.5.4.6.2 Market size and forecast, by Type
- 8.5.4.6.3 Market size and forecast, by Application
- 8.5.4.7 Rest of Asia-Pacific
- 8.5.4.7.1 Key market trends, factors driving growth, and opportunities
- 8.5.4.7.2 Market size and forecast, by Type
- 8.5.4.7.3 Market size and forecast, by Application
- 8.5.4.1 China
- 8.6 MEA
- 8.6.1 Key trends and opportunities
- 8.6.2 Market size and forecast, by Type
- 8.6.3 Market size and forecast, by Application
- 8.6.4 Market size and forecast, by country
- 8.6.4.1 Middle East
- 8.6.4.1.1 Key market trends, factors driving growth, and opportunities
- 8.6.4.1.2 Market size and forecast, by Type
- 8.6.4.1.3 Market size and forecast, by Application
- 8.6.4.2 Africa
- 8.6.4.2.1 Key market trends, factors driving growth, and opportunities
- 8.6.4.2.2 Market size and forecast, by Type
- 8.6.4.2.3 Market size and forecast, by Application
- 8.6.4.1 Middle East
- 9.1 Overview
- 9.2 Key Winning Strategies
- 9.3 Top 10 Players: Product Mapping
- 9.4 Competitive Analysis Dashboard
- 9.5 Market Competition Heatmap
- 9.6 Leading Player Positions, 2022
10: Company Profiles
- 10.1 Bio-K Plus International Inc.
- 10.1.1 Company Overview
- 10.1.2 Key Executives
- 10.1.3 Company snapshot
- 10.1.4 Active Business Divisions
- 10.1.5 Product portfolio
- 10.1.6 Business performance
- 10.1.7 Major Strategic Initiatives and Developments
- 10.2 Cargill Inc.
- 10.2.1 Company Overview
- 10.2.2 Key Executives
- 10.2.3 Company snapshot
- 10.2.4 Active Business Divisions
- 10.2.5 Product portfolio
- 10.2.6 Business performance
- 10.2.7 Major Strategic Initiatives and Developments
- 10.3 Chobani LLC
- 10.3.1 Company Overview
- 10.3.2 Key Executives
- 10.3.3 Company snapshot
- 10.3.4 Active Business Divisions
- 10.3.5 Product portfolio
- 10.3.6 Business performance
- 10.3.7 Major Strategic Initiatives and Developments
- 10.4 Danone S.A.
- 10.4.1 Company Overview
- 10.4.2 Key Executives
- 10.4.3 Company snapshot
- 10.4.4 Active Business Divisions
- 10.4.5 Product portfolio
- 10.4.6 Business performance
- 10.4.7 Major Strategic Initiatives and Developments
- 10.5 Fonterra Co-operative Group
- 10.5.1 Company Overview
- 10.5.2 Key Executives
- 10.5.3 Company snapshot
- 10.5.4 Active Business Divisions
- 10.5.5 Product portfolio
- 10.5.6 Business performance
- 10.5.7 Major Strategic Initiatives and Developments
- 10.6 GCMMF (Amul)
- 10.6.1 Company Overview
- 10.6.2 Key Executives
- 10.6.3 Company snapshot
- 10.6.4 Active Business Divisions
- 10.6.5 Product portfolio
- 10.6.6 Business performance
- 10.6.7 Major Strategic Initiatives and Developments
- 10.7 GoodBelly Probiotics
- 10.7.1 Company Overview
- 10.7.2 Key Executives
- 10.7.3 Company snapshot
- 10.7.4 Active Business Divisions
- 10.7.5 Product portfolio
- 10.7.6 Business performance
- 10.7.7 Major Strategic Initiatives and Developments
- 10.8 Lifeway Foods Inc.
- 10.8.1 Company Overview
- 10.8.2 Key Executives
- 10.8.3 Company snapshot
- 10.8.4 Active Business Divisions
- 10.8.5 Product portfolio
- 10.8.6 Business performance
- 10.8.7 Major Strategic Initiatives and Developments
- 10.9 Nestle’ SA
- 10.9.1 Company Overview
- 10.9.2 Key Executives
- 10.9.3 Company snapshot
- 10.9.4 Active Business Divisions
- 10.9.5 Product portfolio
- 10.9.6 Business performance
- 10.9.7 Major Strategic Initiatives and Developments
- 10.10 Others
- 10.10.1 Company Overview
- 10.10.2 Key Executives
- 10.10.3 Company snapshot
- 10.10.4 Active Business Divisions
- 10.10.5 Product portfolio
- 10.10.6 Business performance
- 10.10.7 Major Strategic Initiatives and Developments
- 10.11 PepsiCo
- 10.11.1 Company Overview
- 10.11.2 Key Executives
- 10.11.3 Company snapshot
- 10.11.4 Active Business Divisions
- 10.11.5 Product portfolio
- 10.11.6 Business performance
- 10.11.7 Major Strategic Initiatives and Developments
- 10.12 Yakult Honsha Co. Ltd.
- 10.12.1 Company Overview
- 10.12.2 Key Executives
- 10.12.3 Company snapshot
- 10.12.4 Active Business Divisions
- 10.12.5 Product portfolio
- 10.12.6 Business performance
- 10.12.7 Major Strategic Initiatives and Developments
11: Analyst Perspective and Conclusion
- 11.1 Concluding Recommendations and Analysis
- 11.2 Strategies for Market Potential
Scope of Report
Aspects | Details |
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By Type |
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By Bacteria |
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By Flavor |
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By Distribution Channel |
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