Probiotic Beverages Market to Witness Rapid Expansion at 8% CAGR by 2026
The Global Probiotic Beverages Market size is expecting around 8% CAGR during 2021-26, cites MarkNtel Advisors in their research report. The growing interest of people in adopting preventive health measures on account of skyrocketing healthcare costs, especially after the Covid-19 pandemic, and the mounting consumer requirements for natural ingredients are the prime aspects driving the global market.
Moreover, the rising awareness about the importance & health benefits of probiotic beverages like improved digestion & gut health, owing to active efforts by governments & private sectors worldwide for encouraging the adoption of these products, has led to their burgeoning popularity worldwide and, in turn, projects remunerative growth prospects for the Global Probiotic Beverages Market through 2026, further states the research report, “Global Probiotic Beverages Market Analysis, 2021.”
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Probiotic Beverages Market Segmentation Analysis:
By Type(Fruit Based, Dairy-Based)
By Product(Yogurt, Kefir, Probugs, Others)
By Strains(Lactobacillus Casei Immunitas, L. Casei Shirota, Lactobacillus johnsonii, Lactobacillus Helveticus, Lactobacillus Reuteri MM53, Lactobacillus Rhamnosus GG, Propionibacterium freudenreichii ssp. shermanii JS, and Others)
By Indication(Alleviation of Lactose-intolerance Symptoms, Treatment of Viral and Antibiotic-associated Diarrhea, Reduction in Symptoms of Antibiotic Treatment of Helicobacter Pylori, Alleviation of Atopic Dermatitis Symptoms in Children, Prevention of the Risk of Allergy in Infancy, Inflammable Bowel Disease (IBD) and Irritable Bowel Syndrome (IBS), Immune Response, Others))
By Distribution Channel(Online, Offline (Supermarket, Hypermarket, Convenience Stores, Pharmacies & Retail Stores, Others))
By Regions(North America, South America, Europe, Middle East, Africa, Asia-Pacific)
By Countries(The United States, Canada, Mexico, Brazil, Chile, Argentina, The UK, Germany, France, Russia & CIS, Saudi Arabia, UAE, Qatar, Kuwait, South Africa, Nigeria, China, India, Japan, South East Asia)
Dairy-based Probiotic Beverages to continue their Dominance in Global Market through 2026
Dairy-based probiotic beverages are very common worldwide, owing to their ability to improve digestive problems. Among all products, yogurt, i.e., produced from the fermentation process, is the most preferred probiotic beverage that helps preserve food & enhances its nutritional value. Further, it also boosts immunity & gut functioning while improving digestive & gastrointestinal conditions.
As a result, the growing awareness among consumers about these benefits and various innovations in these products by the leading market players, coupled with the rising health consciousness among people, are the key aspects contributing to the extensive requirements for dairy-based probiotic beverages globally.
Rising Consumption of Probiotics in China & Japan to Promote the Market Growth in Asia-Pacific
Across Asia-Pacific, yogurt is the most prominent probiotic beverage consumed mainly in China & Japan, and over the recent years, it has been observing burgeoning sales across the region. The mounting demand for yogurt in these countries and the increasing competition between the top market players have encouraged them to introduce innovative products and expand their visibility, i.e., the prime aspect driving the probiotic beverages market in Asia-Pacific.
In addition, the growing number of people becoming aware of the various health benefits & importance of probiotic beverages, coupled with the rising geriatric population, are other prominent aspects projected to lead the Asia-Pacific to continue acquiring the largest market share in the years to come.
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Competitive Landscape
The leading players in the Probiotic Beverages Market include Yakult, Amul, PepsiCo, Inc. (Kevita), Lifeway Foods, Inc., Nestle, BioGaia, Tine BA, Valio Ltd., NextFoods (Goodbelly), Danone S.A., Harmless Harvest, Bio-K Plus International Inc., and Fonterra Co-operative Group Limited.
Key Questions Answered in the Research Report:
What are the current & future trends in the Global Probiotic Beverages Market?
How has the industry been evolving in terms of geography & product adoption?
How has the competition been shaping across various countries, followed by their comparative factorial indexing?
What are the key growth drivers & challenges for the Global Probiotic Beverages Market?
What are the customer orientation, purchase behavior, and expectations from probiotic beverage manufacturers across various regions?
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