Probiotic Drink Market is expected to grow at a robust CAGR of around 7.8% by 2032 | Future Market Insights, Inc.

The global probiotic drink market is set to witness growth at a CAGR of 7.8% and is anticipated to reach a valuation of around US$ 39.2 Bn by 2032, finds Future Market Insights in its latest study.

Growth is primarily attributed to the growing awareness regarding health coupled with increasing consumption of functional food and beverages. Additionally, probiotic drinks help to maintain a healthy balance of stomach bacteria, which improves digestion, immune function, and weight loss.

These drinks improve bowel movement and absorbs nutrition if consumed on a regular basis. Furthermore, these beverages boost mental health, which is driving the demand for probiotic drinks.

As these probiotic drinks helps in battling depression, OCD, anxiety, and autism, consumption of these drinks in millennials is increasing. As a result, several beverage firms are expanding their product lines by include functional beverages, such as probiotic drinks, in their portfolio.

Download Sample Copy with Graphs & List of Figures: https://www.futuremarketinsights.com/reports/sample/rep-gb-14472

Key Takeaways from Market Study

  • The global probiotic drink market is anticipated to reach a valuation of around US$ 18.5 Bn by the end of 2022
  • Based on product type, dairy based probiotic drink is anticipated to account for around 50% of the market share over the forecast period.
  • North America probiotic drink market is expected to witness growth at 7.5% CAGR during the forecast period.
  • Sales of probiotic drink through offline sales channel to increase at a significant rate over the assessment period
  • East Asia is expected to emerge as a prominent market for probiotic drink market in the forecast period

“Rising adoption of a healthy eating habits among consumers to augment the sales of probiotic drinks globally,” says a Future Market Insights analyst.

Competitive Landscape

The probiotic drink market is fairly fragmented in nature, where top players are expected to account for a sizeable share of the market. According to the study, leading manufacturers are introducing new flavors, innovative packaging and healthy ingredients in their products to woo consumers.

  • Chobani, LLC, introduced a new plant-based organic probiotic drink made with fermented fruit juice and oats in July 2020
  • Bio-K Plus International Inc. (Bio-K Plus) announced the launch of Essential, a new brand of functional beverages focused on providing premium grade probiotics, in October 2020. The Essential line will be added to the company’s existing Original and Pro lines

Use promo code ->> FMITODAY to get flat 20% discount 

Probiotic Drink Market By Category

By Product Type:

  • Dairy Based
  • Plant Based

By Sales Channel:

  • Offline Sales Channel
    • Supermarkets/Hypermarkets
    • Departmental Stores
    • Convenience Store
    • Other Sales Channel
  • Online Sales Channel
    • Company Website
    • E-commerce Platform

By Region:

  • North America
  • Latin America
  • Europe
  • Middle east and Africa
  • East Asia
  • South Asia
  • Oceania

Ask an Analyst@ https://www.futuremarketinsights.com/ask-question/rep-gb-14472

Key Questions Answered in the Report

  • What was the probiotic drink market worth in 2021?
  • What is the projected growth rate of the probiotic drink market between 2022 and 2032?
  • What is the anticipated market value of the probiotic drink market over the forecast period?
  • Which region is inferred to drive the Probiotic Drink Market by 2032 end?
  • Who are the top players dominating the Probiotic Drink Market?

About FMI

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

Contact:

Future Market Insights Inc.

Christiana Corporate, 200 Continental Drive,

Suite 401, Newark, Delaware – 19713, USA

T: +1-845-579-5705

For Sales Enquiries: sales@futuremarketinsights.com

Browse Other Reports: https://www.futuremarketinsights.com/reports

LinkedIn| Twitter| Blogs

About the Author

Nikhil Kaitwade

Associate Vice President at Future Market Insights, Inc. has over a decade of experience in market research and business consulting. He has successfully delivered 1500+ client assignments, predominantly in Automotive, Chemicals, Industrial Equipment, Oil & Gas, and Service industries.
His core competency circles around developing research methodology, creating a unique analysis framework, statistical data models for pricing analysis, competition mapping, and market feasibility analysis. His expertise also extends wide and beyond analysis, advising clients on identifying growth potential in established and niche market segments, investment/divestment decisions, and market entry decision-making.
Nikhil holds an MBA degree in Marketing and IT and a Graduate in Mechanical Engineering. Nikhil has authored several publications and quoted in journals like EMS Now, EPR Magazine, and EE Times.

Leave a Reply

Your email address will not be published. Required fields are marked *

You may also like these