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Probiotic Drinks Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

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    Report

  • 141 Pages
  • November 2022
  • Region: Global
  • IMARC Group
  • ID: 5700867
The global probiotic drinks market size reached US$ 14.9 Billion in 2021. Looking forward, the publisher expects the market to reach US$ 21.6 Billion by 2027, exhibiting a CAGR of 6.38% during 2021-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.

Probiotic drinks refer to a functional beverage consisting of specific microorganisms, which are beneficial for human health. They are manufactured by adding water, sugar, herbal or fruit extracts to the probiotic culture of bacteria and yeast and processing it through bio-fermentation. The probiotics multiply by absorbing the added sugar and stop when they reach the multiplication peak. These microorganisms promote the overall gut health by maintaining the natural balance of organisms in the intestines and also aid in improving immunity. Apart from this, regular consumption of probiotic drinks also facilitates effective nutrient absorption and preventing and treating gastrointestinal issues (GI), including diarrhea, constipation and irritable bowel syndrome (IBS).

The increasing prevalence of gastrointestinal disorders, along with the rising health consciousness among the masses, represents one of the key factors driving the growth of the market. There is a shift in the consumer preference from carbonated drinks to ready-to-drink (RTD) functional beverages and probiotic drinks as they have a high nutritional and low-calorie content. In line with this, the increasing demand for immunity boosting and probiotic fortified dietary supplements and functional food products due to the onset of coronavirus disease (COVID 19) is also contributing to the growth of the market. Additionally, various product innovations, such as the launch of probiotic drinks in exotic flavors and attractive packaging, are acting as other growth-inducing factors. Product manufacturers are also adopting aggressive promotional activities through the online retail and e-commerce platforms, thereby favoring the market growth. Other factors, including rising healthcare expenditures of the consumers, along with extensive research and development (R&D) activities, are anticipated to drive the market further.

Key Market Segmentation:

The publisher provides an analysis of the key trends in each sub-segment of the global probiotic drinks market report, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on product and distribution channel.

Breakup by Product:

  • Dairy-based
  • Plant-based

Breakup by Distribution Channel:

  • Supermarkets and Hypermarkets
  • Convenience Stores
  • Pharmacy Stores
  • Online Stores
  • Others

Breakup by Region:

North America

  • United States
  • Canada
  • Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Indonesia
  • Others

Europe

  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • Russia
  • Others

Latin America

  • Brazil
  • Mexico
  • Others
  • Middle East and Africa

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being Amul (GCMMF), Bio-K Plus International Inc., Chobani LLC, Danone S.A., Fonterra Co-operative Group, Harmless Harvest Inc., Kevita Inc. (Pepsico Inc.), Lifeway Foods Inc., Nestle SA, NextFoods and Yakult Honsha Co. Ltd.

Key Questions Answered in This Report:

  • How has the global probiotic drinks market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the global probiotic drinks market?
  • What are the key regional markets?
  • What is the breakup of the market based on the product?
  • What is the breakup of the market based on the distribution channel?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the global probiotic drinks market and who are the key players?
  • What is the degree of competition in the industry?

Table of Contents

1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Probiotic Drinks Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Product
6.1 Dairy-based
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Plant-based
6.2.1 Market Trends
6.2.2 Market Forecast
7 Market Breakup by Distribution Channel
7.1 Supermarkets and Hypermarkets
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Convenience Stores
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Pharmacy Stores
7.3.1 Market Trends
7.3.2 Market Forecast
7.4 Online Stores
7.4.1 Market Trends
7.4.2 Market Forecast
7.5 Others
7.5.1 Market Trends
7.5.2 Market Forecast
8 Market Breakup by Region
8.1 North America
8.1.1 United States
8.1.1.1 Market Trends
8.1.1.2 Market Forecast
8.1.2 Canada
8.1.2.1 Market Trends
8.1.2.2 Market Forecast
8.2 Asia-Pacific
8.2.1 China
8.2.1.1 Market Trends
8.2.1.2 Market Forecast
8.2.2 Japan
8.2.2.1 Market Trends
8.2.2.2 Market Forecast
8.2.3 India
8.2.3.1 Market Trends
8.2.3.2 Market Forecast
8.2.4 South Korea
8.2.4.1 Market Trends
8.2.4.2 Market Forecast
8.2.5 Australia
8.2.5.1 Market Trends
8.2.5.2 Market Forecast
8.2.6 Indonesia
8.2.6.1 Market Trends
8.2.6.2 Market Forecast
8.2.7 Others
8.2.7.1 Market Trends
8.2.7.2 Market Forecast
8.3 Europe
8.3.1 Germany
8.3.1.1 Market Trends
8.3.1.2 Market Forecast
8.3.2 France
8.3.2.1 Market Trends
8.3.2.2 Market Forecast
8.3.3 United Kingdom
8.3.3.1 Market Trends
8.3.3.2 Market Forecast
8.3.4 Italy
8.3.4.1 Market Trends
8.3.4.2 Market Forecast
8.3.5 Spain
8.3.5.1 Market Trends
8.3.5.2 Market Forecast
8.3.6 Russia
8.3.6.1 Market Trends
8.3.6.2 Market Forecast
8.3.7 Others
8.3.7.1 Market Trends
8.3.7.2 Market Forecast
8.4 Latin America
8.4.1 Brazil
8.4.1.1 Market Trends
8.4.1.2 Market Forecast
8.4.2 Mexico
8.4.2.1 Market Trends
8.4.2.2 Market Forecast
8.4.3 Others
8.4.3.1 Market Trends
8.4.3.2 Market Forecast
8.5 Middle East and Africa
8.5.1 Market Trends
8.5.2 Market Breakup by Country
8.5.3 Market Forecast
9 SWOT Analysis
9.1 Overview
9.2 Strengths
9.3 Weaknesses
9.4 Opportunities
9.5 Threats
10 Value Chain Analysis
11 Porters Five Forces Analysis
11.1 Overview
11.2 Bargaining Power of Buyers
11.3 Bargaining Power of Suppliers
11.4 Degree of Competition
11.5 Threat of New Entrants
11.6 Threat of Substitutes
12 Price Analysis
13 Competitive Landscape
13.1 Market Structure
13.2 Key Players
13.3 Profiles of Key Players
13.3.1 Amul (GCMMF)
13.3.1.1 Company Overview
13.3.1.2 Product Portfolio
13.3.2 Bio-K Plus International Inc.
13.3.2.1 Company Overview
13.3.2.2 Product Portfolio
13.3.3 Chobani LLC
13.3.3.1 Company Overview
13.3.3.2 Product Portfolio
13.3.4 Danone S.A.
13.3.4.1 Company Overview
13.3.4.2 Product Portfolio
13.3.5 Fonterra Co-operative Group
13.3.5.1 Company Overview
13.3.5.2 Product Portfolio
13.3.5.3 Financials
13.3.5.4 SWOT Analysis
13.3.6 Harmless Harvest Inc.
13.3.6.1 Company Overview
13.3.6.2 Product Portfolio
13.3.7 Kevita Inc. (Pepsico Inc.)
13.3.7.1 Company Overview
13.3.7.2 Product Portfolio
13.3.8 Lifeway Foods Inc.
13.3.8.1 Company Overview
13.3.8.2 Product Portfolio
13.3.8.3 SWOT Analysis
13.3.9 Nestle SA
13.3.9.1 Company Overview
13.3.9.2 Product Portfolio
13.3.9.3 Financials
13.3.9.4 SWOT Analysis
13.3.10 NextFoods
13.3.10.1 Company Overview
13.3.10.2 Product Portfolio
13.3.11 Yakult Honsha Co. Ltd.
13.3.11.1 Company Overview
13.3.11.2 Product Portfolio
13.3.11.3 Financials
13.3.11.4 SWOT Analysis
List of Figures
Figure 1: Global: Probiotic Drinks Market: Major Drivers and Challenges
Figure 2: Global: Probiotic Drinks Market: Sales Value (in Billion US$), 2016-2021
Figure 3: Global: Probiotic Drinks Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 4: Global: Probiotic Drinks Market: Breakup by Product (in %), 2021
Figure 5: Global: Probiotic Drinks Market: Breakup by Distribution Channel (in %), 2021
Figure 6: Global: Probiotic Drinks Market: Breakup by Region (in %), 2021
Figure 7: Global: Probiotic Drinks (Dairy-based) Market: Sales Value (in Million US$), 2016 & 2021
Figure 8: Global: Probiotic Drinks (Dairy-based) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 9: Global: Probiotic Drinks (Plant-based) Market: Sales Value (in Million US$), 2016 & 2021
Figure 10: Global: Probiotic Drinks (Plant-based) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 11: Global: Probiotic Drinks (Supermarkets and Hypermarkets) Market: Sales Value (in Million US$), 2016 & 2021
Figure 12: Global: Probiotic Drinks (Supermarkets and Hypermarkets) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 13: Global: Probiotic Drinks (Convenience Stores) Market: Sales Value (in Million US$), 2016 & 2021
Figure 14: Global: Probiotic Drinks (Convenience Stores) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 15: Global: Probiotic Drinks (Pharmacy Stores) Market: Sales Value (in Million US$), 2016 & 2021
Figure 16: Global: Probiotic Drinks (Pharmacy Stores) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 17: Global: Probiotic Drinks (Online Stores) Market: Sales Value (in Million US$), 2016 & 2021
Figure 18: Global: Probiotic Drinks (Online Stores) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 19: Global: Probiotic Drinks (Other Distribution Channels) Market: Sales Value (in Million US$), 2016 & 2021
Figure 20: Global: Probiotic Drinks (Other Distribution Channels) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 21: North America: Probiotic Drinks Market: Sales Value (in Million US$), 2016 & 2021
Figure 22: North America: Probiotic Drinks Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 23: United States: Probiotic Drinks Market: Sales Value (in Million US$), 2016 & 2021
Figure 24: United States: Probiotic Drinks Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 25: Canada: Probiotic Drinks Market: Sales Value (in Million US$), 2016 & 2021
Figure 26: Canada: Probiotic Drinks Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 27: Asia-Pacific: Probiotic Drinks Market: Sales Value (in Million US$), 2016 & 2021
Figure 28: Asia-Pacific: Probiotic Drinks Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 29: China: Probiotic Drinks Market: Sales Value (in Million US$), 2016 & 2021
Figure 30: China: Probiotic Drinks Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 31: Japan: Probiotic Drinks Market: Sales Value (in Million US$), 2016 & 2021
Figure 32: Japan: Probiotic Drinks Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 33: India: Probiotic Drinks Market: Sales Value (in Million US$), 2016 & 2021
Figure 34: India: Probiotic Drinks Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 35: South Korea: Probiotic Drinks Market: Sales Value (in Million US$), 2016 & 2021
Figure 36: South Korea: Probiotic Drinks Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 37: Australia: Probiotic Drinks Market: Sales Value (in Million US$), 2016 & 2021
Figure 38: Australia: Probiotic Drinks Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 39: Indonesia: Probiotic Drinks Market: Sales Value (in Million US$), 2016 & 2021
Figure 40: Indonesia: Probiotic Drinks Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 41: Others: Probiotic Drinks Market: Sales Value (in Million US$), 2016 & 2021
Figure 42: Others: Probiotic Drinks Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 43: Europe: Probiotic Drinks Market: Sales Value (in Million US$), 2016 & 2021
Figure 44: Europe: Probiotic Drinks Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 45: Germany: Probiotic Drinks Market: Sales Value (in Million US$), 2016 & 2021
Figure 46: Germany: Probiotic Drinks Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 47: France: Probiotic Drinks Market: Sales Value (in Million US$), 2016 & 2021
Figure 48: France: Probiotic Drinks Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 49: United Kingdom: Probiotic Drinks Market: Sales Value (in Million US$), 2016 & 2021
Figure 50: United Kingdom: Probiotic Drinks Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 51: Italy: Probiotic Drinks Market: Sales Value (in Million US$), 2016 & 2021
Figure 52: Italy: Probiotic Drinks Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 53: Spain: Probiotic Drinks Market: Sales Value (in Million US$), 2016 & 2021
Figure 54: Spain: Probiotic Drinks Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 55: Russia: Probiotic Drinks Market: Sales Value (in Million US$), 2016 & 2021
Figure 56: Russia: Probiotic Drinks Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 57: Others: Probiotic Drinks Market: Sales Value (in Million US$), 2016 & 2021
Figure 58: Others: Probiotic Drinks Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 59: Latin America: Probiotic Drinks Market: Sales Value (in Million US$), 2016 & 2021
Figure 60: Latin America: Probiotic Drinks Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 61: Brazil: Probiotic Drinks Market: Sales Value (in Million US$), 2016 & 2021
Figure 62: Brazil: Probiotic Drinks Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 63: Mexico: Probiotic Drinks Market: Sales Value (in Million US$), 2016 & 2021
Figure 64: Mexico: Probiotic Drinks Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 65: Others: Probiotic Drinks Market: Sales Value (in Million US$), 2016 & 2021
Figure 66: Others: Probiotic Drinks Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 67: Middle East and Africa: Probiotic Drinks Market: Sales Value (in Million US$), 2016 & 2021
Figure 68: Middle East and Africa: Probiotic Drinks Market: Breakup by Country (in %), 2021
Figure 69: Middle East and Africa: Probiotic Drinks Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 70: Global: Probiotic Drinks Industry: SWOT Analysis
Figure 71: Global: Probiotic Drinks Industry: Value Chain Analysis
Figure 72: Global: Probiotic Drinks Industry: Porter's Five Forces Analysis
List of Tables
Table 1: Global: Probiotic Drinks Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: Probiotic Drinks Market Forecast: Breakup by Product (in Million US$), 2022-2027
Table 3: Global: Probiotic Drinks Market Forecast: Breakup by Distribution Channel (in Million US$), 2022-2027
Table 4: Global: Probiotic Drinks Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 5: Global: Probiotic Drinks Market: Competitive Structure
Table 6: Global: Probiotic Drinks Market: Key Players

Companies Mentioned

  • Amul (GCMMF)
  • Bio-K Plus International Inc.
  • Chobani LLC
  • Danone S.A.
  • Fonterra Co-operative Group
  • Harmless Harvest Inc.
  • Kevita Inc. (Pepsico Inc.)
  • Lifeway Foods Inc.
  • Nestle SA
  • NextFoods
  • Yakult Honsha Co. Ltd.

Methodology

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