About Probiotic Drinks
Probiotic drinks are functional beverages, which can help in improving the health conditions of the gut by maintaining the balance of the intestine of humans and animals. Customers are progressively demanding foods with special properties, such as pleasant flavor, beneficial health effects, and low-calorie value or low-fat content. Within this context, the food industry has been developing products with improved flavor and appearance, and this has led to significant growth of the probiotics drinks market in the forecast period.
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The Vendors having a strong hold in the market are Bio-K Plus International Inc., Danone S.A., GoodBelly, and Kevita Inc. Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Probiotic Drinks market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Bio-K Plus International Inc. (Canada), Danone S.A. (France), GoodBelly (United States), Kevita Inc (United States), Nestlé S.A. (Switzerland), Yakult (Japan), Amul (India), Pepsico Inc. (United States), Bright Dairy (China) and Lifeway Foods, Inc. (United States) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Fonterra Co-operative Group (Australia), Grupo Lala (Mexico) and Harmless Harvest (United States).
Segmentation Overview
AMA Research has segmented the market of Global Probiotic Drinks market by Type (Fruit-Based Probiotic Drinks, Dairy-Based Probiotic Drinks and Others), Application (Food and Beverages, Dietary Supplements and Animal Feed) and Region.
On the basis of geography, the market of Probiotic Drinks has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Distribution Channel, the sub-segment i.e. Supermarkets/Hypermarkets will boost the Probiotic Drinks market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End User, the sub-segment i.e. Human will boost the Probiotic Drinks market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Growing Demand for Functional Food and Beverages Globally
Market Growth Drivers:
Rising Number of Health-Conscious Consumers in Developing Economies, Increasing Popularity of Probiotic Dietary Supplements, Especially the Younger Generation and Health Benefits Associated With Probiotic Drinks
Restraints:
International Quality Standards and Regulations for Probiotic Products are Hindering Market Growth
Opportunities:
Increase in Demand for Probiotics in Developed and Developing Economies and Technological Advancements and Development in Probiotic Drinks
On 10, September 2019, Doctor D’s has announced that the company has introduced three new sparkling probiotic refreshing and easy-to-drink flavors i.e. Berry Lavender, Hibiscus Cooler, and Lime Mint Mojito.
Key Target Audience
Probiotic Drinks Manufacturers, Probiotic Drinks Suppliers, Wholesalers, Distributors, and Retailers of Probiotic Drinks, Governmental Bodies and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.