The probiotic beverages market is expected to reach forty-six.09 billion through 2024, at a CAGR of 8.Forty-four %, in the course of the forecast period, 2019-2024.
The probiotic drink market is pushed with the aid of the increasing quantity of fitness conscious consumers, especially the more youthful generation.
Probiotic drinks are a part of the practical drinks, which could assist in improving the fitness conditions of the gut by way of retaining the balance of the gut.
The dairy-based probiotic drinks segment is the leading segment in the probiotic marketplace, followed by the fruit-based probiotic beverages section. Asia-Pacific holds the fundamental percentage of the probiotic drinks marketplace, observed Europe.
Scope of the Report
The probiotic liquids marketplace report consists of a study on segmentation using product type (fruit-primarily based probiotic beverages, dairy-based probiotic drinks, and different probiotic drinks), distribution channel (supermarkets/hypermarkets, convenience shops, pharmacies/fitness stores, and other distribution channels), and geography.
Key Market Trends
Growing Demand for Functional Food and Beverages
Consumers are searching out drinks that give an extra benefit apart from quenching their thirst. The increasing quantity of health aware populace is the principal element boosting the boom of the practical meals and beverage market. Functional meals and beverages have additional nutritional advantages that could help to preserve the balance of the frame, particularly the intestine. Many fruits and drinks companies are extending their product line using including useful liquids to their portfolio, which incorporates probiotic liquids. Functional meals and prebiotic drinks are trending meals habit everywhere in the global. However, the market share is specially occupied by using the evolved markets. Asia-Pacific is the largest and quickest developing marketplace for functional meals and beverages.
Asia-Pacific Remains the Fastest Growing Market
In the Asia-Pacific area, probiotics beverages market has a big opportunity. Majority of probiotics are eaten up in the shape of yogurts and fermented merchandise (from soy to greens or even eggs). Probiotic beverages, such as drinking yogurt, were experiencing growing call for from the place. Global gamers, like Yakult, are going through tough competition from local players, including Mengniu group.
Competitive Landscape
There is a healthy opposition among the foremost players to grab the bigger element of the marketplace and emerge as the global chief. Companies are making themselves competitive by way of bringing new differentiation with new flavors, wholesome components, and modern packing.
The leading players of the marketplace have a better emblem loyalty some of the customers. Small and nearby players are also increasing their popularity and product features to remain within the opposition. Major players have their presence in all of the primary countries of the arena and are expanding to the areas, wherein they may be now not present.
Key Topics Covered:
1 INTRODUCTION
1.1 Research Phases
1.2 Study Deliverables
1.Three Scope of the Study
2 RESEARCH METHODOLOGY
3 EXECUTIVE SUMMARY
3.1 Market Overview
4 MARKET INSIGHTS
Four.1 Market Trends
Four.2 Market Restraints
Four.3 Industry Attractiveness – Porter’s Five Forces Analysis
5 MARKET DYNAMICS
5.1 Drivers
5.2 Restraints
6 MARKET SEGMENTATION
6.1 Product Type
6.1.1 Fruit-based Probiotic Drinks
6.1.2 Dairy-based Probiotic Drinks
6.1.3 Other Probiotic Drinks
6.2 Distribution Channel
6.2.1 Supermarkets/Hypermarkets
6.2.2 Convenience Stores
6.2.3 Pharmacies/Health Stores
6.2.4 Other Distribution Channels
6.Three Geography
7 COMPETITIVE LANDSCAPE
7.1 Strategies Adopted with the aid of Key Players
7.2 Most Active Companies
7.Three Market Share Analysis
7.4 Company Profiles
7.4.1 Amul
7.4.2 Bio-K Plus International
7.4.3 Fonterra Co-op Group Ltd
7.Four.4 Groupe Danone SA
7.4.5 Grupo Lala
7.4.6 Harmless Harvest
7.Four.7 Lifeway
7.Four.8 Pepsico Inc. – Kevita Inc.
7.4.Nine Yakult
Now that it’s summer season we’ve been busting out our coolers, polishing our patio barware, and just typically getting, in reality, enthusiastic about ingesting outdoor. Whole Foods appears to be questioning alongside those identical traces, as they simply launched their 2019 alcohol trend file. It’s now not completely summer time-focused, however, instead seems for what is going to be hot during the yr. So, what do Whole Foods Master Sommelier Devon Broglie and industry expert Doug Bell assume may be the subsequent large element in booze? Beer, low-cal beer, sake, and Oregon Pinot Noir.
Innovative IPAS
As far as we’re involved IPAs were all approximately innovation in recent years (simply examine how hazy east coast fashion IPAs managed to completely take over from the ones piney, resinous west coast IPA), but the specialists say that styles like brut IPAs (bone-dry beers and not using an extra sugar) and milkshake IPAs (beers brewed with lactose, fruit, spices, nd sugar) will come to dominate the scene in 2019. Of course, both of those patterns had been around for awhile, but it takes time for tendencies to move from taproom to grocery keep, so we’ll reduce the chain a few slacks.