Probiotic Drinks Market Market Share, Size, Trends, Demand and Business Opportunities till 2026

According to IMARC Group's latest report, titled "Probiotic Drinks Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026", the global probiotic drinks market grew at a CAGR of around 6% during 2015-2020. Looking forward, IMARC Group expects the market to exhibit moderate growth during 2021-2026.

We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

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Probiotic drink, or functional drink, consists of specific microorganisms that help in maintaining a healthy balance of stomach bacteria and gut health. It offers several health benefits, such as weight loss, immune function, and digestive health. Probiotic drinks are generally manufactured by adding water, fruits or herbal extracts, and sugar to the probiotic culture of bacteria and yeast and then processing it using bio-fermentation. Regular consumption of probiotic drinks facilitates effective nutrient absorption and helps in treating and preventing gastrointestinal issues (GI), such as constipation, irritable bowel syndrome (IBS), and diarrhea.

Market Trends and Drivers:

The shifting consumer preference towards functional food and beverages, such as ready-to-drink (RTD) and probiotic drinks, and the increasing incidences of gastrointestinal issues (GI) are major factors driving the probiotic drinks market growth. Additionally, the rising health consciousness and surging demand for immunity boosting and probiotic fortified dietary supplements are also contributing to the market growth. Apart from this, the launch of various product variants, such as the introduction of probiotic drinks with exotic flavors, and the increasing consumer healthcare expenditures are creating a positive outlook for the market.

Probiotic Drinks Market 2021-2026 Competitive Analysis and Segmentation:

Competitive Landscape With Key Players:

The competitive landscape of the probiotic drinks market has been studied in the report with the detailed profiles of the key players operating in the market.

Some of these key players include:

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.

Key Market Segmentation:

The report has segmented the global probiotic drinks market on the basis of product, distribution channel and region.

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)
Europe (Germany, France, United Kingdom, Italy, Spain, Others)
Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
Latin America (Brazil, Mexico, Others)
Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Others)

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Key Highlights of the Report:

Market Performance (2015-2020)
Market Outlook (2021-2026)
Market Trends
Market Drivers and Success Factors
Impact of COVID-19
Value Chain Analysis
Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

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IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.

Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.

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This release was published on openPR.