Probiotic Drink Market Key Players Data, Industry Analysis, Segmentation, Share, Size, Opportunities and Forecast to 2029
The Probiotic Drink market is anticipated to grow at a compound annual growth rate (CAGR) of 6% to reach over US$ 24.48 billion by 2029.
Probiotic Drink Market Overview:
This study aims to give a comprehensive analysis of the Probiotic Drink market by geography, industry, and segments. The report offers comprehensive details on the key elements driving the expansion of the Probiotic Drink sector. The value chain of the market is also thoroughly examined in this report.
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Market Scope:
The first step in the research process used to evaluate and forecast the Probiotic Drink market is obtaining revenue information from important suppliers using secondary research sources. Vendor offerings are taken into account while developing market segmentation. The income of large firms was used to estimate the overall size of the Probiotic Drink market using the bottom-up methodology.
Dynamics:
The global demand for functional beverages to assist better digestive health is driving the market's expansion throughout time. Customers are becoming more knowledgeable about the product and realizing how important it is to their digestive health. Moreover, the growing global demand for the product has been driven by customers' increased awareness of health issues, particularly among younger consumers. Additionally, the industry has grown as a result of the accessibility of ready-to-drink goods for consumption on the go.
Drinking probiotics can help with weight loss, immune system function, and digestive health by preserving a healthy balance of stomach bacteria. Frequent ingestion of these beverages enhances nutrient absorption and bowel movement.
Segmentation:
To estimate the market size by value, the probiotic drink market is examined globally under two main segments and then further divided into smaller ones.
Over the course of the projected period, dairy-based products are anticipated to hold a bigger market share than plant-based goods.
In 2021, items derived from dairy had the highest revenue share—more than 55.0%. Since probiotics are very compatible with dairy products, probiotic beverages are typically connected with fermented dairy drinks or yogurt-based drinks. Some of the regional or traditional dairy-based beverages are becoming more and more well-known worldwide. For example, kefir, a fermented milk beverage that has long been enjoyed in Europe, is becoming more and more well-known worldwide.
by Product
Dairy - Based
Plant - Based
by Distribution Channel
Offline
Online
by Bacteria
Lactobacillus
Streptococcus
Bifid Bacterium
Others
by Flavor
Regular
Berry
Tropical
Others
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Key Players: the key players are:
1 Yakult Honsha Ltd.
2 Danone S.A.
3 Amul
4 Pepsico
5 NextFoods
6 Harmless Harvest
7 Bio – K Plus International Inc.
8 Fonterra Co – Operative Group
9 Lifeway Foods Inc.
10 Nestle SA
11 Chobani LLC
Regional Analysis:
Market share information for North America, Europe, Asia-Pacific, the Middle East, and Africa, and South America are available separately. Maximize analysts assess competitive strengths and conduct competitive analysis on each rival separately.
A detailed Market Overview
Market Share, Size & Forecast by Revenue | 2023−2029
Market Dynamics – Growth Drivers, Restraints, Investment Opportunities, and Key Trends
Market Segmentation – A detailed analysis by segments and sub-segments
Regional Insights
Competitive Landscape – Top Key Vendors and Other Prominent Vendors
About Maximize Market Research
Key Questions Answered in the Probiotic Drink Market Report are:
Which market segment held the biggest share in Probiotic Drink?
How is the Probiotic Drink market's competitive environment?
Which are the main elements influencing the growth of the Probiotic Drink market?
Which area of the Probiotic Drink market has the most share?
What will the Probiotic Drink market's compound annual growth rate be between 2023 and 2029?
Key Offerings:
Historical Market Size and Competitive Environment (2021–2023)
Historical pricing and regional price curves (2021–2023)
The market's size, share, size, and forecast for each segment from 2023 to 2029
Market Dynamics: Regional Growth Drivers, Opportunities, Barriers, and Important Trends
Market segmentation: a thorough examination of each segment, along with its sub-segments, by region
Competitive Landscape: Strategically oriented profiles of a few major companies broken down by area
Market leaders, market followers, and regional players make up the competitive landscape.
Comparative analysis of major players by geographical area
PESTLE Evaluation
PORTER's evaluation
Analysis of supply chains and value chains
Regional Legal Aspects of Business
profitable business prospects using SWOT analysis
Advice
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About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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