The global [FURL=https://www.reportsanddata.com/report-detail/probiotic-drinks-market]Probiotic Drinks Market[/FURL] size is expected to reach USD 23.9 billion by 2028 and register a revenue CAGR of 6.3%, according to the latest report by Reports and Data. Market revenue growth can be majorly attributed to rising awareness about health & wellness among consumers worldwide, growing demand for functional foods & beverages, and increasing consumer preference for probiotics due to health benefits.The global Probiotic Drinks market research report provides a brief overview inclusive of competitive landscape and key developments in the market.
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Amul, Yakult Honsha Co., Ltd., Nestle SA, Danone S.A., PepsiCo, Lifeway Foods, Inc., Fonterra Co-operative Group, Harmless Harvest, NextFoods, Chobani, LLC, DuPont, Bio-K Plus International Inc., and General Mills are key players.
Some Key Highlights from the Report:
The dairy-based Probiotic Drinks segment accounted for highest revenue share in the global Probiotic Drinks market in 2020.
• The plant-based Probiotic Drinks segment is expected to register the fastest revenue growth rate during the forecast period. Increasing prevalence of lactose-intolerance and growing demand for plant-based functional beverages among vegan consumer base are some factors expected to boost revenue growth of this segment.
The Asia Pacific Probiotic Drinks market is projected to register the highest revenue CAGR over the forecast period.
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By Product Type (Revenue, USD Billion; 2018-2028)
• Dairy-based Probiotic Drinks
• Plant-based Probiotic Drinks
By Ingredient Type (Revenue, USD Billion; 2018-2028)
• Bacteria
• Lactobacillus(lactobacillus reuteri, lactobacillus acidophilus, etc.)
• Bifidobacterium (bifidobacterium infantis, bifidobacterium lactis, bifidobacterium longum, etc.)
• Streptococcus Thermophilus
• Others
• Yeast
• Saccharomyces boulardii
• Others
By Distribution Channel (Revenue, USD Billion; 2018-2028)
• Supermarkets/hypermarkets
• Health Stores/pharmacies
• Online retail stores
• Convenience stores
• Others
By Region (Revenue, USD Billion; 2018-2028)
• North America
o U.S.
o Canada
• Europe
o Germany
o U.K.
o France
o BENELUX
o Rest of Europe
• Asia Pacific
o China
o Japan
o India
o South Korea
o Rest of the Asia Pacific
• Latin America
o Brazil
o Rest of Latin America
• Middle East & Africa
o Saudi Arabia
o UAE
o Rest of the Middle East & Africa
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Objective of Studies:
• To provide detailed analysis of the market structure along with forecast of the various segments and sub-segments of the global Probiotic Drinks market.
• To provide insights about factors affecting the market growth. To analyze the Probiotic Drinks market based on various factors- price analysis, supply chain analysis, Porte five force analysis etc.
• To provide country level analysis of the market with respect to the current market size and future prospective.
Thank you for reading this article. You can also get chapter-wise sections or region-wise report coverage for North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.