Product Overview

Probiotics are live beneficial bacteria and yeasts that are present naturally in your body. Probiotic beverages help to maintain a balanced balance of stomach bacteria, which has a range of health benefits, including better digestion, weight loss, and immune function. The drinks boost bowel movement and nutrient absorption when consumed on a daily basis. These beverages enhance mental wellbeing since many studies have shown that gut health is related to mood and mental health. As a result, the product assists in the reduction of depression, anxiety, OCD, and autism. The products may also help to reinforce the immune system by encouraging the development of natural antibodies in the human body.

Market Highlights

Global Probiotic Drinks Market is expected to project a notable CAGR of 6.9% in 2030.

Global Probiotic Drinks Market to surpass USD XXX million by 2030 from USD XXX million in 2020 at a CAGR of 6.9% in the coming years, i.e., 2021-30. This growth is anticipated due increasing mergers and acquisitions across various sectors which will create a worldwide demand for Probiotic Drinks. The growth of online stores is also propelling the selling of high-end products. E-commerce allows the simple purchasing of goods manufactured in remote locations. This, in turn, has made a major contribution to the development of the global Probiotic Drinks industry.

Global Probiotic Drinks Market: Segments

Dairy-based segment to grow with the highest CAGR during 2020-30

Global Probiotic Drinks Market is segmented by product type into Dairy-based and plant-based. Dairy-based segment held the largest market share in the year 2020. Since probiotics are very compatible with dairy products, probiotic drinks have historically been associated with fermented dairy drinks or yogurt-based drinks. Traditional or regional dairy-based beverages are becoming increasingly popular around the world. Over the forecast period, the plant-based product segment is projected to rise at the fastest pace. Plant-based beverages, such as probiotic fruit and vegetable juices, have seen a large rise in demand in recent years. The segment has been motivated by the rising number of lactose-intolerant people and raising concerns about animal cruelty in the food and beverage industry.

Online segment to grow with the highest CAGR during 2020-30

Global Probiotic Drinks Market is segmented by distribution channel into online and offline. Over the forecast period, the online distribution channel is projected to expand at the fastest pace. Sales via this channel have been powered by the increasing popularity of e-commerce platforms among manufacturers and high internet penetration.

Global Probiotic Drinks Market Dynamics

Drivers

Increasing awareness about benefits and cost-effective alternative

Surging demand of probiotic drinks from numerous end-user industries is the key factor contributing in the market growth. Customers favor products with proven benefits, as demonstrated by the rising demand for probiotics. Customer expectations for probiotics for health healing functions have risen as proof of health benefits associated with probiotics for health restoration has developed. Probiotics have been used as pharmaceutical agents as a result of this need for a safe, natural, and cost-effective alternative to drugs. Probiotics as therapeutic agents tend to have strain- and dose-dependent beneficial effects. Probiotics have been shown in clinical trials to be successful in treating certain disorders and diseases in humans, especially those affecting the gastrointestinal tract.

Health benefits and sale functioning

Probiotic strains help with digestion and help to avoid bacterial contamination, yeast infection, and urinary tract infection. Probiotics are bacteria that are present in functional foods and beverages and help to enhance gut health. Consumers' increased interest in consuming probiotics as a way to improve their gut health is boosting sales of functional beverages and is expected to boost the probiotic drinks industry, which is expected to have a major effect on the market during the forecast period.

Restraint

High cost and investments in research and development

High cost of recruiting trained professionals, as well as substantial investments in R&D activities and laboratories, testing facilities, and the high cost of hiring trained professionals, create obstacles to the growth of the probiotic industry. The market's popularity is focused on empirical validation of probiotics' use in different applications. Since probiotics applications are related to health benefits, it's difficult for manufacturers to get a good return on their initial investments. International food regulations are observed in the growth and manufacture of probiotic strains and products. The final product's cost is high due to the high cost of production. Since these products require different packaging and distribution channels than typical products, marketing and distribution add to the retail price. Despite the fact that consumers are aware of the health benefits of probiotics, the high cost of the product prohibits them from purchasing it, creating a problem for manufacturers.

Global Probiotic Drinks Market: Key Players

Amul

Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, SWOT Analysis

PepsiCo

NextFoods

Harmless Harvest

Bio-K Plus International Inc.

Fonterra Co-operative Group

Lifeway Foods, Inc.

Nestle SA

Chobani, LLC

Other Prominent Players

Global Probiotic Drinks Market: Regions

Global Probiotic Drinks Market is segmented based on regional analysis into five major regions. These include North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa. Global Probiotic Drinks in APAC held the largest market share of XX.X% in the year 2020 in terms of revenue. The majority of probiotics are present in yogurts and fermented foods, which include anything from soy to vegetables and even eggs. Drinking yogurt and other probiotic drinks are becoming increasingly popular in the area. Local players, such as the Mengniu Party, are posing a serious threat to global players. Animal feed containing probiotics is gaining popularity in the area, thanks to the livestock industry's increasing understanding of their ability to boost immunity and improve health. The addition of probiotics to animal diets increases digestibility and promotes pH balance, resulting in an increase in consumption among ruminants.

Global Probiotic Drinks Market is further segmented by region into:

North America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United States and Canada

Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – Mexico, Argentina, Brazil, and Rest of Latin America

Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey and Rest of Europe

Asia Pacific Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia and Rest of APAC

Middle East and Africa Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – North Africa, Israel, GCC, South Africa, and Rest of MENA

Global Probiotic Drinks Market report also contains analysis on:

Probiotic Drinks market segments:

By Product Type

Dairy-based

Plant-based

By Distribution Channel

Online

Offline

Probiotic Drinks Market Dynamics

Probiotic Drinks Market Size

Supply & Demand

Current Trends/Issues/Challenges

Competition & Companies Involved in the Market

Value Chain of the Market

Market Drivers and Restraints

Contents

1. Executive Summary

2. Global Probiotic Drinks Market

1. Product Overview

2. Market Definition

3. Segmentation

4. Assumptions and Acronyms

3. Research Methodology

1. Research Objectives

2. Primary Research

3. Secondary Research

4. Forecast Model

5. Market Size Estimation

4. Average Pricing Analysis

5. Macro-Economic Indicators

6. Market Dynamics

1. Growth Drivers

2. Restraints

3. Opportunity

4. Trends

7. Correlation & Regression Analysis

1. Correlation Matrix

2. Regression Matrix

8. Recent Development, Policies & Regulatory Landscape

9. Risk Analysis

1. Demand Risk Analysis

2. Supply Risk Analysis

10. Global Probiotic Drinks Market Analysis

1. Porters Five Forces

1. Threat of New Entrants

2. Bargaining Power of Suppliers

3. Threat of Substitutes

4. Rivalry

2. PEST Analysis

1. Political

2. Economic

3. Social

4. Technological

11. Global Probiotic Drinks Market

1. Market Size & forecast, 2020A-2030F

1. By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

2. By Volume (Million Units) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

12. Global Probiotic Drinks Market: Market Segmentation

1. By Regions

1. North America:(U.S. and Canada), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

2. Latin America: (Brazil, Mexico, Argentina, Rest of Latin America), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

3. Europe: (Germany, UK, France, Italy, Spain, BENELUX, NORDIC, Hungary, Poland, Turkey, Russia, Rest of Europe), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

4. Asia-Pacific: (China, India, Japan, South Korea, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia Pacific), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

5. Middle East and Africa: (Israel, GCC, North Africa, South Africa, Rest of Middle East and Africa), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

2. By product type: Market Share (2020-2030F)

1. Dairy-based, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

2. Plant-based, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

3. By distribution channel: Market Share (2020-2030F)

1. Online, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

2. Offline, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

Company Profile

1. Amul

1. Company Overview

2. Company Total Revenue (Financials)

3. Market Potential

4. Global Presence

5. Key Performance Indicators

6. SWOT Analysis

7. Product Launch

2. PepsiCo

3. NextFoods

4. Harmless Harvest

5. Bio-K Plus International Inc.

6. Fonterra Co-operative Group

7. Lifeway Foods, Inc.

8. Nestle SA

9. Chobani, LLC

10. Other Prominent Players

Consultant Recommendation

**The above-given segmentations and companies could be subjected to further modification based on in-depth feasibility studies conducted for the final deliverable.

Methodology/Research Approach

This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.

Research Programs/Design

Historical Data (2015-2019)	Industry Trends Competitive Landscape By Company Expansion Mergers and Acquisitions Market Segment by Type by Application By Regions/ Geography	Value Status and Outlook Value for Major Players Market Share Growth Rate Present Situation Analysis Value Market Share Growth Rate Present Situation Analysis
Influencing Factors	Market Environment Government Policy Technological Changes Market Risks	Market Drivers Growing Demand of Downstream Reduction in Cost
Market Forecast (2021-2026)	Overall Size by Type by Application By Regions/Geography	Key Data (Value) Market Share Growth Rate CAGR (2021-2026)

Market Size Estimation

Top-down and bottom-up approaches are used to validate the global Voluntary Carbon Offset market size market and estimate the market size for Company, regions segments, product segments and Application (end users).

The market estimations in this report are based on the marketed sale price of Voluntary Carbon Offset (excluding any discounts provided by the player, distributor, wholesaler or traders). The percentage splits, market share, and breakdowns of the product segments are derived on the basis of weights assigned to each of the segments on the basis of their utilization rate and average sale price. The regional splits of the overall Voluntary Carbon Offset market and its sub-segments are based on the percentage adoption or utilization of the given product in the respective region or country.

Major Company in the market is identified through secondary research and their market revenues determined through primary and secondary research. Secondary research included the research of the annual and financial reports of the top Company; whereas, primary research included extensive interviews of key opinion leaders and industry experts such as experienced front-line staff, directors, CEOs and marketing executives. The percentage splits, market share, Growth Rate and breakdowns of the product markets are determined through using secondary sources and verified through the primary sources.

All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or other factors are not accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from Market Intellix and presented in this report

The following figure shows an illustrative representation of the overall market size estimation process used for this study.

Market Breakdown and Data Triangulation

After complete market engineering with calculations for market statistics; market size estimations; market forecasting; market breakdown; and data triangulation, extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub-segments listed in this report. Extensive qualitative and further quantitative analysis is also done from all the numbers arrived at in the complete market engineering process to list key information throughout the report.

Data Source

Secondary Sources

Secondary sources include such as press releases, annual reports, non-profit organizations, industry associations, governmental agencies and customs data, etc. This research study involves the usage of widespread secondary sources, directories, databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), and TRADING ECONOMICS, and News Network, statista, Federal Reserve Economic Data, annual reports, BIS Statistics, ICIS; company house documents; CAS(American Chemical Society); investor presentations; and SEC filings of companies. Secondary research was used to identify and collect information useful for the extensive, technical, market-oriented, and Hospitals study of the Voluntary Carbon Offset market. It was also used to obtain important information about the top companies, market classification and segmentation according to industry trends to the bottom-most level, and key developments related to market and technology perspectives.

Market Size	Segmental value Geographic Penetration Product Adoption Rate for Different market	Journals, Websites, and Press Releases Annual Reports and SEC Filings Company Websites and Press Releases Public and Paid Databases Market Intellix Data Repository
Market Position of Top Company	Product Financials Geographic value Mix Total Company value Business/Segmental value Mix
Qualitative Analysis	Influence Factors Market Potential Market Risks and Opportunities Industry Trends Geographical Features Government Policies	Company Websites and Press Releases Public and Paid Databases Annual Reports Industry Associations Market Intellix Data Repository

Primary Sources

In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include product Company (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the raw materials suppliers and producers, etc.

The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end use (product buyers), and related key executives from various key companies and organizations operating in the global market.

Primary research was conducted to identify segmentation Type, product price range, product Application, key Company, raw materials supply and the downstream demand, industry status and outlook, and key market dynamics such as risks, influence factors, opportunities, market barriers, industry trends, and key player strategies.

Key Executives Interviewed

Key Data Information from Primary Sources

Primary Sources	Parameters	Key Data
Market Segments(by Application, by Type)	Value by Type Status and Forecast Value by Application Value by Regions, Status and Forecast (2021-2026)	Value Market Share by Type Value Growth Rate by Type Value by Application Percentage and Growth Rate by Application Value Growth Rate and Market Share by Regions Market Size Status and Forecast (2021-2026)
Total Market	Overall Size, Status and Forecast	Market Size Status and Forecast (2021-2026)