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Probiotic Drink Market Size, Share & Trends Analysis Report By Product (Dairy-based, Plant-based), By Distribution Channel (Offline, Online), By Region, And Segment Forecasts, 2020 - 2027

October 2020 | 80 pages | ID: P709BCA8DE42EN
Grand View Research, Inc.

US$ 3,950.00

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Probiotic Drink Market Growth & Trends

The global probiotic drink market size is expected to reach USD 21.95 billion by 2027, according to a new report by Grand View Research, Inc., expanding at a CAGR of 6.1% from 2020 to 2027. The increasing adoption of functional beverages resulting from rising health concerns among consumers is boosting the growth of the market over the world. Probiotic Drink offers several health benefits, including digestive health, weight loss, and immune function. Furthermore, they boost mental health by reducing depression, obsessive-compulsive disorder (OCD), anxiety, and autism. Additionally, the increasing availability of these ready-to-drink products has been promoting the growth of the market.

Dairy-based products led the market with over 55.0% share of the global revenue in 2019. Dairy-based products, especially yogurt-based products, are traditional probiotics widely available over the world. Kefir and buttermilk are some of the popular regional beverages gaining popularity across the globe. The plant-based product segment is expected to register the fastest CAGR over the forecast period due to the increasing number of lactose-intolerant people worldwide. Several manufacturers including Goodbelly (NextFoods), KeVita (PepsiCo), and Harmless Harvest. sell plant-based products only.

The Asia Pacific dominated the market in 2019 with more than 40.0% share. China, Japan, and India are the key markets in the region. In February 2018, Yakult Danone India launched a new product under the brand name, Yakult Light. This beverage contains vitamin D, vitamin E, and less sugar. Health experts believe that the added benefits of vitamin D and vitamin E help improve bone health and slow down the process of aging.

Central and South America are expected to grow at the fastest CAGR of 7.2% from 2020 to 2027. Growing demand for functional beverages in countries, such as Brazil and Argentina, as a result of increased health consciousness and growing middle-class population at the global level, is expected to fuel the demand for the product in the region.

Probiotic Drink Market Report Highlights
  • Central and South America is expected to register the fastest CAGR of 7.2% from 2020 to 2027 owing to the increased importance of functional beverages in countries, including Brazil and Argentina
  • The dairy-based product segment dominated the market by accounting for over 55.0% share of the global revenue in 2019. Easy product access, along with first-mover advantage in the market, is expected to fuel the growth of the segment
  • The online distribution channel segment is expected to expand at the fastest CAGR of 6.7% from 2020 to 2027 owing to the convenient shopping and easy payment process offered by such channels.
CHAPTER 1. METHODOLOGY AND SCOPE

1.1. Market Segmentation & Scope
1.2. Market Definition
1.3. Information Procurement
  1.3.1. Purchased Database
  1.3.2. GVR’s Internal Database
  1.3.3. Secondary Sources & Third-Party Perspectives
  1.3.4. Primary Research
1.4. Information Analysis
  1.4.1. Data Analysis Models
1.5. Market Formulation & Data Visualization
1.6. Data Validation & Publishing

CHAPTER 2. EXECUTIVE SUMMARY

2.1. Market Outlook
2.2. Product Outlook
2.3. Distribution Channel Outlook
2.4. Competitive Insights

CHAPTER 3. PROBIOTIC DRINK MARKET VARIABLES, TRENDS & SCOPE

3.1. Market Introduction
3.2. Penetration & Growth Prospect Mapping
3.3. Industry Value Chain Analysis
  3.3.1. Sales/Retail Channel Analysis
  3.3.2. Profit Margin Analysis
3.4. Market Dynamics
  3.4.1. Market Driver Analysis
  3.4.2. Market Restraint Analysis
  3.4.3. Industry Challenges
  3.4.4. Industry Opportunities
3.5. Business Environment Analysis
  3.5.1. Industry Analysis - Porter’s
    3.5.1.1. Supplier Power
    3.5.1.2. Buyer Power
    3.5.1.3. Substitution Threat
    3.5.1.4. Threat from New Entrant
    3.5.1.5. Competitive Rivalry
3.6. Roadmap of Probiotic Drink Market
3.7. Market Entry Strategies
3.8. Impact of COVID-19

CHAPTER 4. CONSUMER BEHAVIOR ANALYSIS

4.1. Consumer Trends and Preferences
4.2. Factors Affecting Buying Decision
4.3. Consumer Product Adoption
4.4. Observations & Recommendations

CHAPTER 5. PROBIOTIC DRINK MARKET: PRODUCT ESTIMATES & TREND ANALYSIS

5.1. Product Movement Analysis & Market Share, 2019 & 2027
5.2. Dairy-based
  5.2.1. Market estimates and forecast, 2016 - 2027 (USD Million)
5.3. Plant-based
  5.3.1. Market estimates and forecast, 2016 - 2027 (USD Million)

CHAPTER 6. PROBIOTIC DRINK MARKET: DISTRIBUTION CHANNEL ESTIMATES & TREND ANALYSIS

6.1. Distribution Channel Movement Analysis & Market Share, 2019 & 2027
6.2. Offline
  6.2.1. Market estimates and forecast, 2016 - 2027 (USD Million)
6.3. Online
  6.3.1. Market estimates and forecast, 2016 - 2027 (USD Million)

CHAPTER 7. PROBIOTIC DRINK MARKET: REGIONAL ESTIMATES & TREND ANALYSIS

7.1. Regional Movement Analysis & Market Share, 2019 & 2027
7.2. North America
  7.2.1. Market estimates and forecast, 2016 - 2027 (USD Million)
  7.2.2. Market estimates and forecast, by product, 2016 - 2027 (USD Million)
  7.2.3. Market estimates and forecast, by distribution channel, 2016 - 2027 (USD Million)
  7.2.4. U.S.
    7.2.4.1. Market estimates and forecast, 2016 - 2027 (USD Million)
    7.2.4.2. Market estimates and forecast, by product, 2016 - 2027 (USD Million)
    7.2.4.3. Market estimates and forecast, by distribution channel, 2016 - 2027 (USD Million)
7.3. Europe
  7.3.1. Market estimates and forecast, 2016 - 2027 (USD Million)
  7.3.2. Market estimates and forecast, by product, 2016 - 2027 (USD Million)
  7.3.3. Market estimates and forecast, by distribution channel, 2016 - 2027 (USD Million)
  7.3.4. Germany
    7.3.4.1. Market estimates and forecast, 2016 - 2027 (USD Million)
    7.3.4.2. Market estimates and forecast, by product, 2016 - 2027 (USD Million)
    7.3.4.3. Market estimates and forecast, by distribution channel, 2016 - 2027 (USD Million)
  7.3.5. U.K.
    7.3.5.1. Market estimates and forecast, 2016 - 2027 (USD Million)
    7.3.5.2. Market estimates and forecast, by product, 2016 - 2027 (USD Million)
    7.3.5.3. Market estimates and forecast, by distribution channel, 2016 - 2027 (USD Million)
7.4. Asia Pacific
  7.4.1. Market estimates and forecast, 2016 - 2027 (USD Million)
  7.4.2. Market estimates and forecast, by product, 2016 - 2027 (USD Million)
  7.4.3. Market estimates and forecast, by distribution channel, 2016 - 2027 (USD Million)
  7.4.4. China
    7.4.4.1. Market estimates and forecast, 2016 - 2027 (USD Million)
    7.4.4.2. Market estimates and forecast, by product, 2016 - 2027 (USD Million)
    7.4.4.3. Market estimates and forecast, by distribution channel, 2016 - 2027 (USD Million)
  7.4.5. Japan
    7.4.5.1. Market estimates and forecast, 2016 - 2027 (USD Million)
    7.4.5.2. Market estimates and forecast, by product, 2016 - 2027 (USD Million)
    7.4.5.3. Market estimates and forecast, by distribution channel, 2016 - 2027 (USD Million)
7.5. Central & South America
  7.5.1. Market estimates and forecast, 2016 - 2027 (USD Million)
  7.5.2. Market estimates and forecast, by product, 2016 - 2027 (USD Million)
  7.5.3. Market estimates and forecast, by distribution channel, 2016 - 2027 (USD Million)
  7.5.4. Brazil
    7.5.4.1. Market estimates and forecast, 2016 - 2027 (USD Million)
    7.5.4.2. Market estimates and forecast, by product, 2016 - 2027 (USD Million)
    7.5.4.3. Market estimates and forecast, by distribution channel, 2016 - 2027 (USD Million)
7.6. Middle East & Africa
  7.6.1. Market estimates and forecast, 2016 - 2027 (USD Million)
  7.6.2. Market estimates and forecast, by product, 2016 - 2027 (USD Million)
  7.6.3. Market estimates and forecast, by distribution channel, 2016 - 2027 (USD Million)
  7.6.4. South Africa
    7.6.4.1. Market estimates and forecast, 2016 - 2027 (USD Million)
    7.6.4.2. Market estimates and forecast, by product, 2016 - 2027 (USD Million)
    7.6.4.3. Market estimates and forecast, by distribution channel, 2016 - 2027 (USD Million)

CHAPTER 8. COMPETITIVE ANALYSIS

8.1. Key global players, recent developments & their impact on the industry
8.2. Key Company/Competition Categorization (Key innovators, Market leaders, Emerging players)
8.3. Vendor Landscape
  8.3.1. Key company market share analysis, 2019

CHAPTER 9. COMPANY PROFILES

9.1. Yakult Honsha Co., Ltd.
  9.1.1. Company Overview
  9.1.2. Financial Performance
  9.1.3. Product Benchmarking
  9.1.4. Strategic Initiatives
9.2. Danone S.A.
  9.2.1. Company Overview
  9.2.2. Financial Performance
  9.2.3. Product Benchmarking
  9.2.4. Strategic Initiatives
9.3. GCMMF (Amul)
  9.3.1. Company Overview
  9.3.2. Financial Performance
  9.3.3. Product Benchmarking
  9.3.4. Strategic Initiatives
9.4. PepsiCo
  9.4.1. Company Overview
  9.4.2. Financial Performance
  9.4.3. Product Benchmarking
  9.4.4. Strategic Initiatives
9.5. NextFoods
  9.5.1. Company Overview
  9.5.2. Financial Performance
  9.5.3. Product Benchmarking
  9.5.4. Strategic Initiatives
9.6. Harmless Harvest
  9.6.1. Company Overview
  9.6.2. Financial Performance
  9.6.3. Product Benchmarking
  9.6.4. Strategic Initiatives
9.7. Bio-K Plus International Inc.
  9.7.1. Company Overview
  9.7.2. Financial Performance
  9.7.3. Product Benchmarking
  9.7.4. Strategic Initiatives
9.8. Fonterra Co-operative Group
  9.8.1. Company Overview
  9.8.2. Financial Performance
  9.8.3. Product Benchmarking
  9.8.4. Strategic Initiatives
9.9. Lifeway Foods, Inc.
  9.9.1. Company Overview
  9.9.2. Financial Performance
  9.9.3. Product Benchmarking
  9.9.4. Strategic Initiatives
9.10. Nestle SA
  9.10.1. Company Overview
  9.10.2. Financial Performance
  9.10.3. Product Benchmarking
  9.10.4. Strategic Initiatives
9.11. Chobani, LLC
  9.11.1. Company Overview
  9.11.2. Financial Performance
  9.11.3. Product Benchmarking
  9.11.4. Strategic Initiatives

LIST OF TABLES

1. Probiotic drinks market - Key market driver analysis
2. Probiotic drinks market - Key market restraint analysis
3. Global dairy-based probiotic drinks market estimates and forecast, 2016 - 2027 (USD Million)
4. Global plant-based probiotic drinks market estimates and forecast, 2016 - 2027 (USD Million)
5. Global probiotic drinks market estimates and forecast through offline, 2016 - 2027 (USD Million)
6. Global probiotic drinks market estimates and forecast through online, 2016 - 2027 (USD Million)
7. North America probiotic drinks market estimates and forecast, 2016 - 2027 (USD Million)
8. North America probiotic drinks market revenue estimates and forecast by product, 2016 - 2027 (USD Million)
9. North America probiotic drinks market revenue estimates and forecast by distribution channel, 2016 - 2027 (USD Million)
10. U.S. probiotic drinks market estimates and forecast, 2016 - 2027 (USD Million)
11. U.S. probiotic drinks market revenue estimates and forecast by product, 2016 - 2027 (USD Million)
12. U.S. probiotic drinks market revenue estimates and forecast by distribution channel, 2016 - 2027 (USD Million)
13. Europe probiotic drinks market estimates and forecast, 2016 - 2027 (USD Million)
14. Europe probiotic drinks market revenue estimates and forecast by product, 2016 - 2027 (USD Million)
15. Europe probiotic drinks market revenue estimates and forecast by distribution channel, 2016 - 2027 (USD Million)
16. Germany probiotic drinks market estimates and forecast, 2016 - 2027 (USD Million)
17. Germany probiotic drinks market revenue estimates and forecast by product, 2016 - 2027 (USD Million)
18. Germany probiotic drinks market revenue estimates and forecast by distribution channel, 2016 - 2027 (USD Million)
19. U.K. probiotic drinks market estimates and forecast, 2016 - 2027 (USD Million)
20. U.K. probiotic drinks market revenue estimates and forecast by product, 2016 - 2027 (USD Million)
21. U.K. probiotic drinks market revenue estimates and forecast by distribution channel, 2016 - 2027 (USD Million)
22. Asia Pacific probiotic drinks market estimates and forecast, 2016 - 2027 (USD Million)
23. Asia Pacific probiotic drinks market revenue estimates and forecast by product, 2016 - 2027 (USD Million)
24. Asia Pacific probiotic drinks market revenue estimates and forecast by distribution channel, 2016 - 2027 (USD Million)
25. China probiotic drinks market estimates and forecast, 2016 - 2027 (USD Million)
26. China probiotic drinks market revenue estimates and forecast by product, 2016 - 2027 (USD Million)
27. China probiotic drinks market revenue estimates and forecast by distribution channel, 2016 - 2027 (USD Million)
28. Japan probiotic drinks market estimates and forecast, 2016 - 2027 (USD Million)
29. Japan probiotic drinks market revenue estimates and forecast by product, 2016 - 2027 (USD Million)
30. Japan probiotic drinks market revenue estimates and forecast by distribution channel, 2016 - 2027 (USD Million)
31. Central & South America probiotic drinks market estimates and forecast, 2016 - 2027 (USD Million)
32. Central & South America probiotic drinks market revenue estimates and forecast by product, 2016 - 2027 (USD Million)
33. Central & South America probiotic drinks market revenue estimates and forecast by distribution channel, 2016 - 2027 (USD Million)
34. Brazil probiotic drinks market estimates and forecast, 2016 - 2027 (USD Million)
35. Brazil probiotic drinks market revenue estimates and forecast by product, 2016 - 2027 (USD Million)
36. Brazil probiotic drinks market revenue estimates and forecast by distribution channel, 2016 - 2027 (USD Million)
37. Middle East & Africa probiotic drinks market estimates and forecast, 2016 - 2027 (USD Million)
38. Middle East & Africa probiotic drinks market revenue estimates and forecast by product, 2016 - 2027 (USD Million)
39. Middle East & Africa probiotic drinks market revenue estimates and forecast by distribution channel, 2016 - 2027 (USD Million)
40. South Africa probiotic drinks market estimates and forecast, 2016 - 2027 (USD Million)
41. South Africa probiotic drinks market revenue estimates and forecast by product, 2016 - 2027 (USD Million)
42. South Africa probiotic drinks market revenue estimates and forecast by distribution channel, 2016 - 2027 (USD Million)
43. Vendor landscape

LIST OF FIGURES

1. Probiotic drinks market snapshot
2. Probiotic drinks market segmentation & scope
3. Probiotic drinks market penetration & growth prospect mapping
4. Probiotic drinks market value chain analysis
5. Probiotic drinks market dynamics
6. Probiotic drinks market: Porter's analysis
7. Probiotic drinks market: Product movement analysis
8. Probiotic drinks market: Distribution channel movement analysis
9. Probiotic drinks market: Regional movement analysis


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