The probiotic beverages market is expected to reach forty-six.09 billion through 2024, at a CAGR of 8.Forty-four % during the forecast period, 2019-2024.
The probiotic drink market is being pushed by the increasing number of fitness-conscious consumers, especially the younger generation.
Probiotic drinks are practical drinks that could assist in improving the fitness conditions of the gut by retaining its balance.
The dairy-based probiotic drinks segment is the leading in the probiotic marketplace, followed by the fruit-based probiotic beverages section. Asia-Pacific is the fundamental percentage of the probiotic drinks marketplace in 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 for drinks that provide an extra benefit besides quenching their thirst. The increasing number of people who are health aware 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 preserve the frame’s balance, particularly the intestine. Many fruit and drink companies are extending their product line by including useful liquids in their portfolio, which incorporate probiotic liquids. Functional meals and prebiotic drinks are trending meal habits everywhere on the globe. However, the market share is especially 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, the probiotic beverages market has a big opportunity. The majority of probiotics are consumed in the form of yogurts and fermented merchandise (from soy to greens or even eggs). Probiotic beverages, such as yogurt, are experiencing growing demand. Global gamers, like Yakult, are facing tough competition from local players, including the Mengniu group.
Competitive Landscape
There is healthy competition among the foremost players to grab the bigger part of the marketplace and emerge as the global chief. Companies are making themselves competitive by introducing new differentiation with new flavors, wholesome components, and modern packaging.
The leading players of the marketplace have better emblem loyalty than some 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 areas where they may no longer be 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 DYNAPorter’s 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 oit’soolers, polishiwe’ver patio barware, and just typically getting, in reality, enthusiastic about ingesting outdoors. Whole Foods appears to be questioning alongside those identical traces as they launched their 2019 alcohol trend file. It’s now not completely summer-time-focused; however, it seems to be what is going to be hot during the year. 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-caliber, sake, and Oregon Pinot Noir.
Innovative IPAS
As far as we’re concerned, IPAs were all approximately created in recent years (examine how hazy East Coast fashion IPAs managed to take over from the ones piney completely, resinous West Coast IPA). Still, the specialists say that styles like brut IPAs (bone-dry beers that do not use extra sugar) and milkshake IPAs (beers brewed with lactose, fruit, spices, and sugar) will dominate the scene in 2019. Of course, both of those patterns have been around for a while, but it takes time for tendencies to move from taproom to grocery keep, so we’ll redwe’llhe chain by a few slacks.
