Probiotic Drink Market
Probiotic Drink Market By Product Type (Dairy-Based, Plant-Based), Sales Channel (Offline, Online, E-commerce Platform) & Region - Forecast 2022 - 2032
Market Insights on Probiotic Drink covering sales outlook, demand forecast & up-to-date key trends
Probiotic Drink Market Outlook (2022-2032)
[350 Pages Report] The global probiotic drink market is expected to reach a market valuation of US$ 18.5 Bn by the end of 2022, registering a CAGR of 7.8% by 2022-2032.
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Probiotic Drink Market Size (2022E) |
US$ 18.5 Bn |
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Probiotic Drink Market Projected Size (2032F) |
US$ 39.2 Bn |
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Value CAGR (2022-2032) |
7.8% |
|
Top 3 Countries’ Market Share |
35.8% |
The probiotic drink market held around 80% of share in the global functional foods and natural health products market, which was valued at US$ 21.5 Bn in 2021.
Growth in the probiotic drink market is attributed to the presence of friendly bacteria like lactic acid and bifidobacterium in the drink which improves digestive health of individuals. To capitalize on this trend, key producers are introducing new products to their portfolio such as plant-based probiotic drinks, especially for vegan consumers.
Probiotic Drink Market Historic Performance Vs Future Outlook
Historically, the probiotic drink sales grew at a CAGR of roughly 7.0% between 2017 and 2021, finds Future Market Insights (FMI). Sales are expected to increase due to growing shift toward preventative health management approaches.
On account of this, demand for probiotic drinks is expected to surge at an exponential rate over the upcoming decade. As these drinks improves gut health by preserving intestinal balance and by raising immunity, sales are expected to double by the end of 2032.
Furthermore, change in consumers' eating and drinking habits and growing consumption of natural food & beverage products is facilitating the growth in the market. Hence, key players are introducing probiotic drinks with pure and natural components with a diverse variety of options.
However, in recent years there has been a shift in demand from dairy-based probiotic drinks to plant-based probiotic drinks such as fruit and vegetable juices. This is mainly attributed to growing concerns regarding animal cruelty and increasing cases of lactose-intolerant consumers globally.
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How Is Growing Demand For Functional Beverages Affecting The Probiotic Drinks Market?
Demand for functional beverages is growing rapidly, as more consumers are focusing on their health and well-being. As a result, key players are introducing these beverages with more practical nutrient and food supplement items.
Furthermore, probiotic beverages are being promoted by functional drink manufacturers due to its good health benefits and easy availability of these drinks in a variety of flavors. Moreover, need for vital supplements and drinks among older population and millennials’ willingness to test new products for 'quick health' benefits will drive the market.
Country-Wise Insights
How the Sales of Probiotic Drinks is the U.S. Shaping?
“Focus on Digestive Health to Boost the Sales of Probiotic Drinks in the U.S.”
According to Future Market Insights, one of the major factors boosting the growth in the probiotics drinks market in the U.S. is growing awareness of middle-aged adults towards their digestive health.
Health practitioners and gastroenterologists in the U.S. are promoting the use of probiotics to improve digestive health, propelling the sales of probiotic drinks. As a result, demand for probiotic drinks such as yogurt and healthy sour milk products like Kefir and Kombucha is increasing in the U.S.
What makes Probiotic Drinks in India a Significant Market?
“Availability of Flavored Probiotic Drinks in India to Create Remunerative Growth Opportunities”
Consumption of yogurt as a digestive drink is increasing in India. As a result, leading players are investing heavily in research and development (R&D) to produce a variety of drinkable probiotic yogurts in different flavors. As these yogurt-based probiotic drinks contain a balanced source of proteins, minerals, and vitamins, these products are considered nutritious snacks in the country.
Epigamia, for example, introduced Epigamia Artisanal Curd in India as the first lactose-free curd with two gut-friendly strains - Bifidobacteria and Lactobacillus Acidophilus. These two strains are essential for a healthy digestive tract.
In addition, Yakult Danone India, a 50:50 joint venture between Danone and Yakult Honsha, released Yakult Light, a new variation of their distinctive probiotic drink that contains vitamins E, D, and Yakult's signature Lactobacillus Casei strain Shirota (LcS) which has less sugar.
A slew of such product launches will create conducive environment for probiotic drinks producers in India
Why is Demand for Probiotic Drink in China Increasing?
“Consumption of Yogurt-Based Probiotic Drinks in China to Surge Among Baby Boomers”
As per FMI, East Asia probiotic drinks market is expected to witness huge opportunity with China showcasing major growth potential. In China, probiotic drinks are generally consumed in the form of yogurts and fermented drinks from soy, vegetables, or eggs. Drinking yogurt and other probiotic drinks are becoming increasingly popular due to the health benefits they offer.
Furthermore, local players in China such as the Mengniu group have increased the competition in the market for established and global players like Yakult. Moreover, demand for these drinks is increasing as they are considered beneficial for immunity, especially for the older population, driving the growth in the market.
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Which Product Type will Remain Highly Sought-After?
“More than Half of Probiotic Drink Sales to be Contributed by Dairy-Based Probiotic Drinks”
By the end of 2022, dairy-based probiotic drinks are expected to have a revenue share of more than 55.0%. Growth in the segment is attributed to increasing demand for probiotic drinks in the form of fermented dairy drinks or yogurt-based drinks, as these products are compatible.
Furthermore, traditional or regional dairy-based drinks are becoming increasingly popular worldwide. For example, Kefir, a fermented milk beverage famous in Europe, is gaining immense traction across the globe.
Moreover, Tesco plc, a global supermarket, reported a sizeable increase in demand for Kefir in the U.K. over the past 18 months, according to Food & Drink International in February 2020. Additionally, a variety of milk-based probiotic drinks are offered by the major manufacturers in the market such as Danone S.A., Yakult Honsha Co., Ltd., and GCMMF (Amul).
How are Online Sales Channels Boosting the Sales of Probiotic Drinks?
“Driven by Increased Adoption of Smartphones, Sales of Probiotic Drinks through Online Sales Channels to Surge”
Following the outbreak of COVID-19, the online sales channels have witnessed impressive growth due to convenience and safety provided by these platforms. Moreover, as beverages such as probiotic drinks gained importance since FQ-20, sales of these drinks through online merchants is increasing.
Further, attributes such as competitive pricing, simple payment methods, and hassle-free delivery for these products will drive the sales of probiotic drinks through online sales channels.
Besides this, surging penetration of internet and e-commerce platforms along with the widespread use of smartphones is predicted to drive sales of these prebiotic drinks via online sales platforms over the projected period.
Competitive Landscape
According to the study, the market is significantly fragmented owing to the presence of multiple established players such as Yakult Honsha Co., Ltd., PepsiCo, Danone S.A. and Nestle SA in developed countries.
However, local and regional player are also strengthening their footprints due to their rising popularity and improved product quality. Furthermore, several leading manufacturers are focusing on product innovation and new product launches to gain competitive edge.
- Bio-K Plus International Inc. announced the launch of Essential, a new brand of functional drink focused on providing premium grade probiotics, in October 2020. The Essential line will be added to the company's existing Original and Pro lines
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Scope Of The Report
|
Attribute |
Details |
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Forecast Period |
2022-2032 |
|
Historical Data Available for |
2017-2022 |
|
Market Analysis |
US$ Bn for Value and Units for Volume |
|
Key Regions Covered |
North America, Latin America, Europe, East Asia, South Asia, Oceania and the Middle East & Africa |
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Key Countries Covered |
United States, Canada, Brazil, Mexico, Germany, UK, France, Italy, Spain, Nordic, Russia, Poland, China, Japan, South Korea, India, Thailand, Indonesia, Malaysia, Singapore, Australia, New Zealand, GCC countries, North Africa, South Africa, others. |
|
Key Segments Covered |
Product Type, Sales Channel and Region |
|
Key Companies Profiled |
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|
Report Coverage |
Market Forecast, Company Share Analysis, Competition Intelligence, DROT Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives |
|
Customization & Pricing |
Available upon Request |
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
Frequently Asked Questions
The probiotic drink market was valued at US$ 17.2 Bn in 2021.
The probiotic drink market is expected to grow at a robust CAGR of around 7.8% over the forecast period.
The probiotic drink market is expected to reach a valuation of US$ 39.2 Bn by 2032 end.
North America is anticipated to drive the overall probiotic drink market during the projected period of 2022 to 2032.
Some of the key companies in the probiotic drink market include Yakult Honsha Co., Ltd., PepsiCo, Danone S.A., Nestle SA and GCMMF (Amul) among others.
1. Executive Summary
1.1. Global Market Outlook
1.2. Demand-side Trends
1.3. Supply-side Trends
1.4. Technology Roadmap Analysis
1.5. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
3. Market Background
3.1. Market Dynamics
3.1.1. Drivers
3.1.2. Restraints
3.1.3. Opportunity
3.1.4. Trends
3.2. Scenario Forecast
3.2.1. Demand in Optimistic Scenario
3.2.2. Demand in Likely Scenario
3.2.3. Demand in Conservative Scenario
3.3. Product launches & Recent Developments
3.4. Product Life Cycle Analysis
3.5. Value Chain Analysis
3.5.1. Supply-Side Participants and their Roles
3.5.1.1. Producers
3.5.1.2. Mid-Level Participants (Traders/ Agents/ Brokers)
3.5.1.3. Wholesalers and Distributors
3.5.2. % of Operating Margin Analysis
3.5.3. List of Raw Material Suppliers
3.5.4. List of Existing and Potential Buyer’s
3.6. Global Probiotic Drink Market - Pricing Analysis
3.6.1. Price Point Assessment by Region
3.6.2. Price Point Assessment by Product Type
3.6.3. Price Forecast till 2032
3.6.4. Factors affecting pricing
3.7. Forecast Factors - Relevance & Impact
3.8. Regulatory Landscape
3.8.1. Packaging & Labelling Regulations
3.8.2. Certifications and Certifying Agency Overview
3.8.3. Import/Export Policies
3.9. Consumers Survey Analysis
3.10. Macro-Economic Factors
3.11. Product Claims & Nutritional Information Scan by Buyers
4. Global Probiotic Drink Market Analysis 2017-2021 and Forecast, 2022-2032
4.1. Historical Market Size Value (US$ Mn) & Volume (MT) Analysis, 2017-2021
4.2. Current and Future Market Size Value (US$ Mn) & Volume (MT) Projections, 2022-2032
4.2.1. Y-o-Y Growth Trend Analysis
4.2.2. Absolute $ Opportunity Analysis
5. Global Probiotic Drink Market Analysis 2017-2021 and Forecast 2022-2032, By Product Type
5.1. Introduction / Key Findings
5.2. Historical Market Size Value (US$ Mn) & Volume (MT) Analysis By Product Type, 2017-2021
5.3. Current and Future Market Size Value (US$ Mn) & Volume (MT) Analysis and Forecast By Product Type, 2022-2032
5.3.1. Dairy Based
5.3.2. Plant Based
5.4. Y-o-Y Growth Trend Analysis By Product Type, 2017-2021
5.5. Absolute $ Opportunity Analysis By Product Type, 2022-2032
6. Global Probiotic Drink Market Analysis 2017-2021 and Forecast 2022-2032, By Sales Channel
6.1. Introduction / Key Findings
6.2. Historical Market Size Value (US$ Mn) & Volume (MT) Analysis By Sales Channel, 2017-2021
6.3. Current and Future Market Size Value (US$ Mn) & Volume (MT) Analysis and Forecast By Sales Channel, 2022-2032
6.3.1. Offline Sales Channel
6.3.1.1. Supermarkets/Hypermarkets
6.3.1.2. Departmental Stores
6.3.1.3. Convenience Store
6.3.1.4. Other Sales Channel
6.3.2. Online Sales Channel
6.3.2.1. Company Website
6.3.2.2. E-Commerce Platform
6.4. Y-o-Y Growth Trend Analysis By Sales Channel, 2017-2021
6.5. Absolute $ Opportunity Analysis By Sales Channel, 2022-2032
7. Global Probiotic Drink Market Analysis 2017-2021 and Forecast 2022-2032, By Region
7.1. Introduction
7.2. Historical Market Size Value (US$ Mn) & Volume (MT) Analysis By Region, 2017-2021
7.3. Current Market Size Value (US$ Mn) & Volume (MT) Analysis and Forecast By Region, 2022-2032
7.3.1. North America
7.3.2. Latin America
7.3.3. Europe
7.3.4. East Asia
7.3.5. South Asia
7.3.6. Oceania
7.3.7. MEA
7.4. Market Attractiveness Analysis By Region
8. North America Probiotic Drink Market Analysis 2017-2021 and Forecast 2022-2032, By Country
8.1. Historical Market Size Value (US$ Mn) & Volume (MT) Trend Analysis By Market Taxonomy, 2017-2021
8.2. Market Size Value (US$ Mn) & Volume (MT) Forecast By Market Taxonomy, 2022-2032
8.2.1. By Country
8.2.1.1. U.S.
8.2.1.2. Canada
8.2.2. By Product Type
8.2.3. By Sales Channel
8.3. Market Attractiveness Analysis
8.3.1. By Country
8.3.2. By Product Type
8.3.3. By Sales Channel
8.4. Key Takeaways
9. Latin America Probiotic Drink Market Analysis 2017-2021 and Forecast 2022-2032, By Country
9.1. Historical Market Size Value (US$ Mn) & Volume (MT) Trend Analysis By Market Taxonomy, 2017-2021
9.2. Market Size Value (US$ Mn) & Volume (MT) Forecast By Market Taxonomy, 2022-2032
9.2.1. By Country
9.2.1.1. Brazil
9.2.1.2. Mexico
9.2.1.3. Argentina
9.2.1.4. Chile
9.2.1.5. Peru
9.2.1.6. Rest of Latin America
9.2.2. By Product Type
9.2.3. By Sales Channel
9.3. Market Attractiveness Analysis
9.3.1. By Country
9.3.2. By Product Type
9.3.3. By Sales Channel
9.4. Key Takeaways
10. Europe Probiotic Drink Market Analysis 2017-2021 and Forecast 2022-2032, By Country
10.1. Historical Market Size Value (US$ Mn) & Volume (MT) Trend Analysis By Market Taxonomy, 2017-2021
10.2. Market Size Value (US$ Mn) & Volume (MT) Forecast By Market Taxonomy, 2022-2032
10.2.1. By Country
10.2.1.1. Germany
10.2.1.2. Italy
10.2.1.3. France
10.2.1.4. U.K.
10.2.1.5. Spain
10.2.1.6. Russia
10.2.1.7. BENELUX
10.2.1.8. Poland
10.2.1.9. Nordic Countries
10.2.1.10. Rest of Europe
10.2.2. By Product Type
10.2.3. By Sales Channel
10.3. Market Attractiveness Analysis
10.3.1. By Country
10.3.2. By Product Type
10.3.3. By Sales Channel
10.4. Key Takeaways
11. East Asia Probiotic Drink Market Analysis 2017-2021 and Forecast 2022-2032, By Country
11.1. Historical Market Size Value (US$ Mn) & Volume (MT) Trend Analysis By Market Taxonomy, 2017-2021
11.2. Market Size Value (US$ Mn) & Volume (MT) Forecast By Market Taxonomy, 2022-2032
11.2.1. By Country
11.2.1.1. China
11.2.1.2. Japan
11.2.1.3. South Korea
11.2.2. By Product Type
11.2.3. By Sales Channel
11.3. Market Attractiveness Analysis
11.3.1. By Country
11.3.2. By Product Type
11.3.3. By Sales Channel
11.4. Key Takeaways
12. South Asia Probiotic Drink Market Analysis 2017-2021 and Forecast 2022-2032, By Country
12.1. Historical Market Size Value (US$ Mn) & Volume (MT) Trend Analysis By Market Taxonomy, 2017-2021
12.2. Market Size Value (US$ Mn) & Volume (MT) Forecast By Market Taxonomy, 2022-2032
12.2.1. By Country
12.2.1.1. India
12.2.1.2. Thailand
12.2.1.3. Malaysia
12.2.1.4. Indonesia
12.2.1.5. Singapore
12.2.1.6. Rest of South Asia
12.2.2. By Product Type
12.2.3. By Sales Channel
12.3. Market Attractiveness Analysis
12.3.1. By Country
12.3.2. By Product Type
12.3.3. By Sales Channel
12.4. Key Takeaways
13. Oceania Probiotic Drink Market Analysis 2017-2021 and Forecast 2022-2032, By Country
13.1. Historical Market Size Value (US$ Mn) & Volume (MT) Trend Analysis By Market Taxonomy, 2017-2021
13.2. Market Size Value (US$ Mn) & Volume (MT) Forecast By Market Taxonomy, 2022-2032
13.2.1. By Country
13.2.1.1. Australia
13.2.1.2. New Zealand
13.2.2. By Product Type
13.2.3. By Sales Channel
13.3. Market Attractiveness Analysis
13.3.1. By Country
13.3.2. By Product Type
13.3.3. By Sales Channel
13.4. Key Takeaways
14. MEA Probiotic Drink Market Analysis 2017-2021 and Forecast 2022-2032, By Country
14.1. Historical Market Size Value (US$ Mn) & Volume (MT) Trend Analysis By Market Taxonomy, 2017-2021
14.2. Market Size Value (US$ Mn) & Volume (MT) Forecast By Market Taxonomy, 2022-2032
14.2.1. By Country
14.2.1.1. GCC Countries
14.2.1.2. South Africa
14.2.1.3. Central Africa
14.2.1.4. North Africa
14.2.2. By Product Type
14.2.3. By Sales Channel
14.3. Market Attractiveness Analysis
14.3.1. By Country
14.3.2. By Product Type
14.3.3. By Sales Channel
14.4. Key Takeaways
15. Key Countries Probiotic Drink Market Analysis
15.1. U.S.
15.1.1. Pricing Analysis
15.1.2. Market Share Analysis, 2021
15.1.2.1. By Product Type
15.1.2.2. By Sales Channel
15.2. Canada
15.2.1. Pricing Analysis
15.2.2. Market Share Analysis, 2021
15.2.2.1. By Product Type
15.2.2.2. By Sales Channel
15.3. Brazil
15.3.1. Pricing Analysis
15.3.2. Market Share Analysis, 2021
15.3.2.1. By Product Type
15.3.2.2. By Sales Channel
15.4. Mexico
15.4.1. Pricing Analysis
15.4.2. Market Share Analysis, 2021
15.4.2.1. By Product Type
15.4.2.2. By Sales Channel
15.5. Argentina
15.5.1. Pricing Analysis
15.5.2. Market Share Analysis, 2021
15.5.2.1. By Product Type
15.5.2.2. By Sales Channel
15.6. Chile
15.6.1. Pricing Analysis
15.6.2. Market Share Analysis, 2021
15.6.2.1. By Product Type
15.6.2.2. By Sales Channel
15.7. Peru
15.7.1. Pricing Analysis
15.7.2. Market Share Analysis, 2021
15.7.2.1. By Product Type
15.7.2.2. By Sales Channel
15.8. Germany
15.8.1. Pricing Analysis
15.8.2. Market Share Analysis, 2021
15.8.2.1. By Product Type
15.8.2.2. By Sales Channel
15.9. Italy
15.9.1. Pricing Analysis
15.9.2. Market Share Analysis, 2021
15.9.2.1. By Product Type
15.9.2.2. By Sales Channel
15.10. France
15.10.1. Pricing Analysis
15.10.2. Market Share Analysis, 2021
15.10.2.1. By Product Type
15.10.2.2. By Sales Channel
15.11. Spain
15.11.1. Pricing Analysis
15.11.2. Market Share Analysis, 2021
15.11.2.1. By Product Type
15.11.2.2. By Sales Channel
15.12. U.K.
15.12.1. Pricing Analysis
15.12.2. Market Share Analysis, 2021
15.12.2.1. By Product Type
15.12.2.2. By Sales Channel
15.13. Russia
15.13.1. Pricing Analysis
15.13.2. Market Share Analysis, 2021
15.13.2.1. By Product Type
15.13.2.2. By Sales Channel
15.14. Poland
15.14.1. Pricing Analysis
15.14.2. Market Share Analysis, 2021
15.14.2.1. By Product Type
15.14.2.2. By Sales Channel
15.15. BENELUX
15.15.1. Pricing Analysis
15.15.2. Market Share Analysis, 2021
15.15.2.1. By Product Type
15.15.2.2. By Sales Channel
15.16. Nordic Countries
15.16.1. Pricing Analysis
15.16.2. Market Share Analysis, 2021
15.16.2.1. By Product Type
15.16.2.2. By Sales Channel
15.17. China
15.17.1. Pricing Analysis
15.17.2. Market Share Analysis, 2021
15.17.2.1. By Product Type
15.17.2.2. By Sales Channel
15.18. Japan
15.18.1. Pricing Analysis
15.18.2. Market Share Analysis, 2021
15.18.2.1. By Product Type
15.18.2.2. By Sales Channel
15.19. South Korea
15.19.1. Pricing Analysis
15.19.2. Market Share Analysis, 2021
15.19.2.1. By Product Type
15.19.2.2. By Sales Channel
15.20. India
15.20.1. Pricing Analysis
15.20.2. Market Share Analysis, 2021
15.20.2.1. By Product Type
15.20.2.2. By Sales Channel
15.21. Thailand
15.21.1. Pricing Analysis
15.21.2. Market Share Analysis, 2021
15.21.2.1. By Product Type
15.21.2.2. By Sales Channel
15.22. Indonesia
15.22.1. Pricing Analysis
15.22.2. Market Share Analysis, 2021
15.22.2.1. By Product Type
15.22.2.2. By Sales Channel
15.23. Malaysia
15.23.1. Pricing Analysis
15.23.2. Market Share Analysis, 2021
15.23.2.1. By Product Type
15.23.2.2. By Sales Channel
15.24. Singapore
15.24.1. Pricing Analysis
15.24.2. Market Share Analysis, 2021
15.24.2.1. By Product Type
15.24.2.2. By Sales Channel
15.25. Australia
15.25.1. Pricing Analysis
15.25.2. Market Share Analysis, 2021
15.25.2.1. By Product Type
15.25.2.2. By Sales Channel
15.26. New Zealand
15.26.1. Pricing Analysis
15.26.2. Market Share Analysis, 2021
15.26.2.1. By Product Type
15.26.2.2. By Sales Channel
15.27. GCC Countries
15.27.1. Pricing Analysis
15.27.2. Market Share Analysis, 2021
15.27.2.1. By Product Type
15.27.2.2. By Sales Channel
15.28. South Africa
15.28.1. Pricing Analysis
15.28.2. Market Share Analysis, 2021
15.28.2.1. By Product Type
15.28.2.2. By Sales Channel
15.29. North Africa
15.29.1. Pricing Analysis
15.29.2. Market Share Analysis, 2021
15.29.2.1. By Product Type
15.29.2.2. By Sales Channel
15.30. Central Africa
15.30.1. Pricing Analysis
15.30.2. Market Share Analysis, 2021
15.30.2.1. By Product Type
15.30.2.2. By Sales Channel
16. Market Structure Analysis
16.1. Competition Dashboard
16.2. Competition Benchmarking
16.3. Market Share Analysis of Top Players
16.3.1. By Regional
16.3.2. By Product Type
16.3.3. By Sales Channel
17. Competition Analysis
17.1. Competition Deep Dive
17.1.1. Yakult Honsha Co., Ltd.
17.1.1.1. Overview
17.1.1.2. Product Portfolio
17.1.1.3. Profitability by Market Segments (Product Type/Sales Channel/Region)
17.1.1.4. Sales Footprint
17.1.1.5. Strategy Overview
17.1.1.5.1. Marketing Strategy
17.1.1.5.2. Product Strategy
17.1.1.5.3. Channel Strategy
17.1.2. PepsiCo
17.1.2.1. Overview
17.1.2.2. Product Portfolio
17.1.2.3. Profitability by Market Segments (Product Type/Sales Channel/Region)
17.1.2.4. Sales Footprint
17.1.2.5. Strategy Overview
17.1.2.5.1. Marketing Strategy
17.1.2.5.2. Product Strategy
17.1.2.5.3. Channel Strategy
17.1.3. Danone S.A.
17.1.3.1. Overview
17.1.3.2. Product Portfolio
17.1.3.3. Profitability by Market Segments (Product Type/Sales Channel/Region)
17.1.3.4. Sales Footprint
17.1.3.5. Strategy Overview
17.1.3.5.1. Marketing Strategy
17.1.3.5.2. Product Strategy
17.1.3.5.3. Channel Strategy
17.1.4. Nestle SA
17.1.4.1. Overview
17.1.4.2. Product Portfolio
17.1.4.3. Profitability by Market Segments (Product Type/Sales Channel/Region)
17.1.4.4. Sales Footprint
17.1.4.5. Strategy Overview
17.1.4.5.1. Marketing Strategy
17.1.4.5.2. Product Strategy
17.1.4.5.3. Channel Strategy
17.1.5. GCMMF (Amul)
17.1.5.1. Overview
17.1.5.2. Product Portfolio
17.1.5.3. Profitability by Market Segments (Product Type/Sales Channel/Region)
17.1.5.4. Sales Footprint
17.1.5.5. Strategy Overview
17.1.5.5.1. Marketing Strategy
17.1.5.5.2. Product Strategy
17.1.5.5.3. Channel Strategy
17.1.6. Bio-K Plus International Inc.
17.1.6.1. Overview
17.1.6.2. Product Portfolio
17.1.6.3. Profitability by Market Segments (Product Type/Sales Channel/Region)
17.1.6.4. Sales Footprint
17.1.6.5. Strategy Overview
17.1.6.5.1. Marketing Strategy
17.1.6.5.2. Product Strategy
17.1.6.5.3. Channel Strategy
17.1.7. GoodBelly Probiotics
17.1.7.1. Overview
17.1.7.2. Product Portfolio
17.1.7.3. Profitability by Market Segments (Product Type/Sales Channel/Region)
17.1.7.4. Sales Footprint
17.1.7.5. Strategy Overview
17.1.7.5.1. Marketing Strategy
17.1.7.5.2. Product Strategy
17.1.7.5.3. Channel Strategy
17.1.8. Fonterra Co-operative Group
17.1.8.1. Overview
17.1.8.2. Product Portfolio
17.1.8.3. Profitability by Market Segments (Product Type/Sales Channel/Region)
17.1.8.4. Sales Footprint
17.1.8.5. Strategy Overview
17.1.8.5.1. Marketing Strategy
17.1.8.5.2. Product Strategy
17.1.8.5.3. Channel Strategy
17.1.9. Chobani, LLC
17.1.9.1. Overview
17.1.9.2. Product Portfolio
17.1.9.3. Profitability by Market Segments (Product Type/Sales Channel/Region)
17.1.9.4. Sales Footprint
17.1.9.5. Strategy Overview
17.1.9.5.1. Marketing Strategy
17.1.9.5.2. Product Strategy
17.1.9.5.3. Channel Strategy
17.1.10. Lifeway Foods, Inc.
17.1.10.1. Overview
17.1.10.2. Product Portfolio
17.1.10.3. Profitability by Market Segments (Product Type/Sales Channel/Region)
17.1.10.4. Sales Footprint
17.1.10.5. Strategy Overview
17.1.10.5.1. Marketing Strategy
17.1.10.5.2. Product Strategy
17.1.10.5.3. Channel Strategy
17.1.11. Cargill Inc.
17.1.11.1. Overview
17.1.11.2. Product Portfolio
17.1.11.3. Profitability by Market Segments (Product Type/Sales Channel/Region)
17.1.11.4. Sales Footprint
17.1.11.5. Strategy Overview
17.1.11.5.1. Marketing Strategy
17.1.11.5.2. Product Strategy
17.1.11.5.3. Channel Strategy
17.1.12. Others on Additional Request
17.1.12.1. Overview
17.1.12.2. Product Portfolio
17.1.12.3. Profitability by Market Segments (Product Type/Sales Channel/Region)
17.1.12.4. Sales Footprint
17.1.12.5. Strategy Overview
17.1.12.5.1. Marketing Strategy
17.1.12.5.2. Product Strategy
17.1.12.5.3. Channel Strategy
18. Assumptions & Acronyms Used
19. Research Methodology
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Table 1: Global Probiotic Drink Market Value (US$ Mn) Forecast by Region, 2017-2032
Table 2: Global Probiotic Drink Market Volume (MT) Forecast by Region, 2017-2032
Table 3: Global Probiotic Drink Market Value (US$ Mn) Forecast by Product Type, 2017-2032
Table 4: Global Probiotic Drink Market Volume (MT) Forecast by Product Type, 2017-2032
Table 5: Global Probiotic Drink Market Value (US$ Mn) Forecast by Sales Channel, 2017-2032
Table 6: Global Probiotic Drink Market Volume (MT) Forecast by Sales Channel, 2017-2032
Table 7: North America Probiotic Drink Market Value (US$ Mn) Forecast by Country, 2017-2032
Table 8: North America Probiotic Drink Market Volume (MT) Forecast by Country, 2017-2032
Table 9: North America Probiotic Drink Market Value (US$ Mn) Forecast by Product Type, 2017-2032
Table 10: North America Probiotic Drink Market Volume (MT) Forecast by Product Type, 2017-2032
Table 11: North America Probiotic Drink Market Value (US$ Mn) Forecast by Sales Channel, 2017-2032
Table 12: North America Probiotic Drink Market Volume (MT) Forecast by Sales Channel, 2017-2032
Table 13: Latin America Probiotic Drink Market Value (US$ Mn) Forecast by Country, 2017-2032
Table 14: Latin America Probiotic Drink Market Volume (MT) Forecast by Country, 2017-2032
Table 15: Latin America Probiotic Drink Market Value (US$ Mn) Forecast by Product Type, 2017-2032
Table 16: Latin America Probiotic Drink Market Volume (MT) Forecast by Product Type, 2017-2032
Table 17: Latin America Probiotic Drink Market Value (US$ Mn) Forecast by Sales Channel, 2017-2032
Table 18: Latin America Probiotic Drink Market Volume (MT) Forecast by Sales Channel, 2017-2032
Table 19: Europe Probiotic Drink Market Value (US$ Mn) Forecast by Country, 2017-2032
Table 20: Europe Probiotic Drink Market Volume (MT) Forecast by Country, 2017-2032
Table 21: Europe Probiotic Drink Market Value (US$ Mn) Forecast by Product Type, 2017-2032
Table 22: Europe Probiotic Drink Market Volume (MT) Forecast by Product Type, 2017-2032
Table 23: Europe Probiotic Drink Market Value (US$ Mn) Forecast by Sales Channel, 2017-2032
Table 24: Europe Probiotic Drink Market Volume (MT) Forecast by Sales Channel, 2017-2032
Table 25: East Asia Probiotic Drink Market Value (US$ Mn) Forecast by Country, 2017-2032
Table 26: East Asia Probiotic Drink Market Volume (MT) Forecast by Country, 2017-2032
Table 27: East Asia Probiotic Drink Market Value (US$ Mn) Forecast by Product Type, 2017-2032
Table 28: East Asia Probiotic Drink Market Volume (MT) Forecast by Product Type, 2017-2032
Table 29: East Asia Probiotic Drink Market Value (US$ Mn) Forecast by Sales Channel, 2017-2032
Table 30: East Asia Probiotic Drink Market Volume (MT) Forecast by Sales Channel, 2017-2032
Table 31: South Asia Probiotic Drink Market Value (US$ Mn) Forecast by Country, 2017-2032
Table 32: South Asia Probiotic Drink Market Volume (MT) Forecast by Country, 2017-2032
Table 33: South Asia Probiotic Drink Market Value (US$ Mn) Forecast by Product Type, 2017-2032
Table 34: South Asia Probiotic Drink Market Volume (MT) Forecast by Product Type, 2017-2032
Table 35: South Asia Probiotic Drink Market Value (US$ Mn) Forecast by Sales Channel, 2017-2032
Table 36: South Asia Probiotic Drink Market Volume (MT) Forecast by Sales Channel, 2017-2032
Table 37: Oceania Probiotic Drink Market Value (US$ Mn) Forecast by Country, 2017-2032
Table 38: Oceania Probiotic Drink Market Volume (MT) Forecast by Country, 2017-2032
Table 39: Oceania Probiotic Drink Market Value (US$ Mn) Forecast by Product Type, 2017-2032
Table 40: Oceania Probiotic Drink Market Volume (MT) Forecast by Product Type, 2017-2032
Table 41: Oceania Probiotic Drink Market Value (US$ Mn) Forecast by Sales Channel, 2017-2032
Table 42: Oceania Probiotic Drink Market Volume (MT) Forecast by Sales Channel, 2017-2032
Table 43: MEA Probiotic Drink Market Value (US$ Mn) Forecast by Country, 2017-2032
Table 44: MEA Probiotic Drink Market Volume (MT) Forecast by Country, 2017-2032
Table 45: MEA Probiotic Drink Market Value (US$ Mn) Forecast by Product Type, 2017-2032
Table 46: MEA Probiotic Drink Market Volume (MT) Forecast by Product Type, 2017-2032
Table 47: MEA Probiotic Drink Market Value (US$ Mn) Forecast by Sales Channel, 2017-2032
Table 48: MEA Probiotic Drink Market Volume (MT) Forecast by Sales Channel, 2017-2032
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Talk to AnalystFigure 1: Global Probiotic Drink Market Value (US$ Mn) by Product Type, 2022-2032
Figure 2: Global Probiotic Drink Market Value (US$ Mn) by Sales Channel, 2022-2032
Figure 3: Global Probiotic Drink Market Value (US$ Mn) by Region, 2022-2032
Figure 4: Global Probiotic Drink Market Value (US$ Mn) Analysis by Region, 2017-2032
Figure 5: Global Probiotic Drink Market Volume (MT) Analysis by Region, 2017-2032
Figure 6: Global Probiotic Drink Market Value Share (%) and BPS Analysis by Region, 2022-2032
Figure 7: Global Probiotic Drink Market Y-o-Y Growth (%) Projections by Region, 2022-2032
Figure 8: Global Probiotic Drink Market Value (US$ Mn) Analysis by Product Type, 2017-2032
Figure 9: Global Probiotic Drink Market Volume (MT) Analysis by Product Type, 2017-2032
Figure 10: Global Probiotic Drink Market Value Share (%) and BPS Analysis by Product Type, 2022-2032
Figure 11: Global Probiotic Drink Market Y-o-Y Growth (%) Projections by Product Type, 2022-2032
Figure 12: Global Probiotic Drink Market Value (US$ Mn) Analysis by Sales Channel, 2017-2032
Figure 13: Global Probiotic Drink Market Volume (MT) Analysis by Sales Channel, 2017-2032
Figure 14: Global Probiotic Drink Market Value Share (%) and BPS Analysis by Sales Channel, 2022-2032
Figure 15: Global Probiotic Drink Market Y-o-Y Growth (%) Projections by Sales Channel, 2022-2032
Figure 16: Global Probiotic Drink Market Attractiveness by Product Type, 2022-2032
Figure 17: Global Probiotic Drink Market Attractiveness by Sales Channel, 2022-2032
Figure 18: Global Probiotic Drink Market Attractiveness by Region, 2022-2032
Figure 19: North America Probiotic Drink Market Value (US$ Mn) by Product Type, 2022-2032
Figure 20: North America Probiotic Drink Market Value (US$ Mn) by Sales Channel, 2022-2032
Figure 21: North America Probiotic Drink Market Value (US$ Mn) by Country, 2022-2032
Figure 22: North America Probiotic Drink Market Value (US$ Mn) Analysis by Country, 2017-2032
Figure 23: North America Probiotic Drink Market Volume (MT) Analysis by Country, 2017-2032
Figure 24: North America Probiotic Drink Market Value Share (%) and BPS Analysis by Country, 2022-2032
Figure 25: North America Probiotic Drink Market Y-o-Y Growth (%) Projections by Country, 2022-2032
Figure 26: North America Probiotic Drink Market Value (US$ Mn) Analysis by Product Type, 2017-2032
Figure 27: North America Probiotic Drink Market Volume (MT) Analysis by Product Type, 2017-2032
Figure 28: North America Probiotic Drink Market Value Share (%) and BPS Analysis by Product Type, 2022-2032
Figure 29: North America Probiotic Drink Market Y-o-Y Growth (%) Projections by Product Type, 2022-2032
Figure 30: North America Probiotic Drink Market Value (US$ Mn) Analysis by Sales Channel, 2017-2032
Figure 31: North America Probiotic Drink Market Volume (MT) Analysis by Sales Channel, 2017-2032
Figure 32: North America Probiotic Drink Market Value Share (%) and BPS Analysis by Sales Channel, 2022-2032
Figure 33: North America Probiotic Drink Market Y-o-Y Growth (%) Projections by Sales Channel, 2022-2032
Figure 34: North America Probiotic Drink Market Attractiveness by Product Type, 2022-2032
Figure 35: North America Probiotic Drink Market Attractiveness by Sales Channel, 2022-2032
Figure 36: North America Probiotic Drink Market Attractiveness by Country, 2022-2032
Figure 37: Latin America Probiotic Drink Market Value (US$ Mn) by Product Type, 2022-2032
Figure 38: Latin America Probiotic Drink Market Value (US$ Mn) by Sales Channel, 2022-2032
Figure 39: Latin America Probiotic Drink Market Value (US$ Mn) by Country, 2022-2032
Figure 40: Latin America Probiotic Drink Market Value (US$ Mn) Analysis by Country, 2017-2032
Figure 41: Latin America Probiotic Drink Market Volume (MT) Analysis by Country, 2017-2032
Figure 42: Latin America Probiotic Drink Market Value Share (%) and BPS Analysis by Country, 2022-2032
Figure 43: Latin America Probiotic Drink Market Y-o-Y Growth (%) Projections by Country, 2022-2032
Figure 44: Latin America Probiotic Drink Market Value (US$ Mn) Analysis by Product Type, 2017-2032
Figure 45: Latin America Probiotic Drink Market Volume (MT) Analysis by Product Type, 2017-2032
Figure 46: Latin America Probiotic Drink Market Value Share (%) and BPS Analysis by Product Type, 2022-2032
Figure 47: Latin America Probiotic Drink Market Y-o-Y Growth (%) Projections by Product Type, 2022-2032
Figure 48: Latin America Probiotic Drink Market Value (US$ Mn) Analysis by Sales Channel, 2017-2032
Figure 49: Latin America Probiotic Drink Market Volume (MT) Analysis by Sales Channel, 2017-2032
Figure 50: Latin America Probiotic Drink Market Value Share (%) and BPS Analysis by Sales Channel, 2022-2032
Figure 51: Latin America Probiotic Drink Market Y-o-Y Growth (%) Projections by Sales Channel, 2022-2032
Figure 52: Latin America Probiotic Drink Market Attractiveness by Product Type, 2022-2032
Figure 53: Latin America Probiotic Drink Market Attractiveness by Sales Channel, 2022-2032
Figure 54: Latin America Probiotic Drink Market Attractiveness by Country, 2022-2032
Figure 55: Europe Probiotic Drink Market Value (US$ Mn) by Product Type, 2022-2032
Figure 56: Europe Probiotic Drink Market Value (US$ Mn) by Sales Channel, 2022-2032
Figure 57: Europe Probiotic Drink Market Value (US$ Mn) by Country, 2022-2032
Figure 58: Europe Probiotic Drink Market Value (US$ Mn) Analysis by Country, 2017-2032
Figure 59: Europe Probiotic Drink Market Volume (MT) Analysis by Country, 2017-2032
Figure 60: Europe Probiotic Drink Market Value Share (%) and BPS Analysis by Country, 2022-2032
Figure 61: Europe Probiotic Drink Market Y-o-Y Growth (%) Projections by Country, 2022-2032
Figure 62: Europe Probiotic Drink Market Value (US$ Mn) Analysis by Product Type, 2017-2032
Figure 63: Europe Probiotic Drink Market Volume (MT) Analysis by Product Type, 2017-2032
Figure 64: Europe Probiotic Drink Market Value Share (%) and BPS Analysis by Product Type, 2022-2032
Figure 65: Europe Probiotic Drink Market Y-o-Y Growth (%) Projections by Product Type, 2022-2032
Figure 66: Europe Probiotic Drink Market Value (US$ Mn) Analysis by Sales Channel, 2017-2032
Figure 67: Europe Probiotic Drink Market Volume (MT) Analysis by Sales Channel, 2017-2032
Figure 68: Europe Probiotic Drink Market Value Share (%) and BPS Analysis by Sales Channel, 2022-2032
Figure 69: Europe Probiotic Drink Market Y-o-Y Growth (%) Projections by Sales Channel, 2022-2032
Figure 70: Europe Probiotic Drink Market Attractiveness by Product Type, 2022-2032
Figure 71: Europe Probiotic Drink Market Attractiveness by Sales Channel, 2022-2032
Figure 72: Europe Probiotic Drink Market Attractiveness by Country, 2022-2032
Figure 73: East Asia Probiotic Drink Market Value (US$ Mn) by Product Type, 2022-2032
Figure 74: East Asia Probiotic Drink Market Value (US$ Mn) by Sales Channel, 2022-2032
Figure 75: East Asia Probiotic Drink Market Value (US$ Mn) by Country, 2022-2032
Figure 76: East Asia Probiotic Drink Market Value (US$ Mn) Analysis by Country, 2017-2032
Figure 77: East Asia Probiotic Drink Market Volume (MT) Analysis by Country, 2017-2032
Figure 78: East Asia Probiotic Drink Market Value Share (%) and BPS Analysis by Country, 2022-2032
Figure 79: East Asia Probiotic Drink Market Y-o-Y Growth (%) Projections by Country, 2022-2032
Figure 80: East Asia Probiotic Drink Market Value (US$ Mn) Analysis by Product Type, 2017-2032
Figure 81: East Asia Probiotic Drink Market Volume (MT) Analysis by Product Type, 2017-2032
Figure 82: East Asia Probiotic Drink Market Value Share (%) and BPS Analysis by Product Type, 2022-2032
Figure 83: East Asia Probiotic Drink Market Y-o-Y Growth (%) Projections by Product Type, 2022-2032
Figure 84: East Asia Probiotic Drink Market Value (US$ Mn) Analysis by Sales Channel, 2017-2032
Figure 85: East Asia Probiotic Drink Market Volume (MT) Analysis by Sales Channel, 2017-2032
Figure 86: East Asia Probiotic Drink Market Value Share (%) and BPS Analysis by Sales Channel, 2022-2032
Figure 87: East Asia Probiotic Drink Market Y-o-Y Growth (%) Projections by Sales Channel, 2022-2032
Figure 88: East Asia Probiotic Drink Market Attractiveness by Product Type, 2022-2032
Figure 89: East Asia Probiotic Drink Market Attractiveness by Sales Channel, 2022-2032
Figure 90: East Asia Probiotic Drink Market Attractiveness by Country, 2022-2032
Figure 91: South Asia Probiotic Drink Market Value (US$ Mn) by Product Type, 2022-2032
Figure 92: South Asia Probiotic Drink Market Value (US$ Mn) by Sales Channel, 2022-2032
Figure 93: South Asia Probiotic Drink Market Value (US$ Mn) by Country, 2022-2032
Figure 94: South Asia Probiotic Drink Market Value (US$ Mn) Analysis by Country, 2017-2032
Figure 95: South Asia Probiotic Drink Market Volume (MT) Analysis by Country, 2017-2032
Figure 96: South Asia Probiotic Drink Market Value Share (%) and BPS Analysis by Country, 2022-2032
Figure 97: South Asia Probiotic Drink Market Y-o-Y Growth (%) Projections by Country, 2022-2032
Figure 98: South Asia Probiotic Drink Market Value (US$ Mn) Analysis by Product Type, 2017-2032
Figure 99: South Asia Probiotic Drink Market Volume (MT) Analysis by Product Type, 2017-2032
Figure 100: South Asia Probiotic Drink Market Value Share (%) and BPS Analysis by Product Type, 2022-2032
Figure 101: South Asia Probiotic Drink Market Y-o-Y Growth (%) Projections by Product Type, 2022-2032
Figure 102: South Asia Probiotic Drink Market Value (US$ Mn) Analysis by Sales Channel, 2017-2032
Figure 103: South Asia Probiotic Drink Market Volume (MT) Analysis by Sales Channel, 2017-2032
Figure 104: South Asia Probiotic Drink Market Value Share (%) and BPS Analysis by Sales Channel, 2022-2032
Figure 105: South Asia Probiotic Drink Market Y-o-Y Growth (%) Projections by Sales Channel, 2022-2032
Figure 106: South Asia Probiotic Drink Market Attractiveness by Product Type, 2022-2032
Figure 107: South Asia Probiotic Drink Market Attractiveness by Sales Channel, 2022-2032
Figure 108: South Asia Probiotic Drink Market Attractiveness by Country, 2022-2032
Figure 109: Oceania Probiotic Drink Market Value (US$ Mn) by Product Type, 2022-2032
Figure 110: Oceania Probiotic Drink Market Value (US$ Mn) by Sales Channel, 2022-2032
Figure 111: Oceania Probiotic Drink Market Value (US$ Mn) by Country, 2022-2032
Figure 112: Oceania Probiotic Drink Market Value (US$ Mn) Analysis by Country, 2017-2032
Figure 113: Oceania Probiotic Drink Market Volume (MT) Analysis by Country, 2017-2032
Figure 114: Oceania Probiotic Drink Market Value Share (%) and BPS Analysis by Country, 2022-2032
Figure 115: Oceania Probiotic Drink Market Y-o-Y Growth (%) Projections by Country, 2022-2032
Figure 116: Oceania Probiotic Drink Market Value (US$ Mn) Analysis by Product Type, 2017-2032
Figure 117: Oceania Probiotic Drink Market Volume (MT) Analysis by Product Type, 2017-2032
Figure 118: Oceania Probiotic Drink Market Value Share (%) and BPS Analysis by Product Type, 2022-2032
Figure 119: Oceania Probiotic Drink Market Y-o-Y Growth (%) Projections by Product Type, 2022-2032
Figure 120: Oceania Probiotic Drink Market Value (US$ Mn) Analysis by Sales Channel, 2017-2032
Figure 121: Oceania Probiotic Drink Market Volume (MT) Analysis by Sales Channel, 2017-2032
Figure 122: Oceania Probiotic Drink Market Value Share (%) and BPS Analysis by Sales Channel, 2022-2032
Figure 123: Oceania Probiotic Drink Market Y-o-Y Growth (%) Projections by Sales Channel, 2022-2032
Figure 124: Oceania Probiotic Drink Market Attractiveness by Product Type, 2022-2032
Figure 125: Oceania Probiotic Drink Market Attractiveness by Sales Channel, 2022-2032
Figure 126: Oceania Probiotic Drink Market Attractiveness by Country, 2022-2032
Figure 127: MEA Probiotic Drink Market Value (US$ Mn) by Product Type, 2022-2032
Figure 128: MEA Probiotic Drink Market Value (US$ Mn) by Sales Channel, 2022-2032
Figure 129: MEA Probiotic Drink Market Value (US$ Mn) by Country, 2022-2032
Figure 130: MEA Probiotic Drink Market Value (US$ Mn) Analysis by Country, 2017-2032
Figure 131: MEA Probiotic Drink Market Volume (MT) Analysis by Country, 2017-2032
Figure 132: MEA Probiotic Drink Market Value Share (%) and BPS Analysis by Country, 2022-2032
Figure 133: MEA Probiotic Drink Market Y-o-Y Growth (%) Projections by Country, 2022-2032
Figure 134: MEA Probiotic Drink Market Value (US$ Mn) Analysis by Product Type, 2017-2032
Figure 135: MEA Probiotic Drink Market Volume (MT) Analysis by Product Type, 2017-2032
Figure 136: MEA Probiotic Drink Market Value Share (%) and BPS Analysis by Product Type, 2022-2032
Figure 137: MEA Probiotic Drink Market Y-o-Y Growth (%) Projections by Product Type, 2022-2032
Figure 138: MEA Probiotic Drink Market Value (US$ Mn) Analysis by Sales Channel, 2017-2032
Figure 139: MEA Probiotic Drink Market Volume (MT) Analysis by Sales Channel, 2017-2032
Figure 140: MEA Probiotic Drink Market Value Share (%) and BPS Analysis by Sales Channel, 2022-2032
Figure 141: MEA Probiotic Drink Market Y-o-Y Growth (%) Projections by Sales Channel, 2022-2032
Figure 142: MEA Probiotic Drink Market Attractiveness by Product Type, 2022-2032
Figure 143: MEA Probiotic Drink Market Attractiveness by Sales Channel, 2022-2032
Figure 144: MEA Probiotic Drink Market Attractiveness by Country, 2022-2032
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