Probiotic Drinks Market

Growing public knowledge of probiotic drinks to propel market growth

The product's popularity among customers has been fueled by growing public knowledge of its health benefits. According to a poll by Kerry Group, more than 75% of American customers and more than 50% of consumers worldwide are aware of the product's advantages for digestive health. From 2014 to 2019, "microbiome" searches on Google grew by 267%. As a result, probiotic drinks have become more popular as customers' awareness of their health has increased.

Drinking probiotics have been shown to improve immunological function, weight loss, and digestive health by maintaining a healthy balance of stomach bacteria. The liquids encourage regular bowel movements and enhance nutrient absorption. Also, these beverages support mental health because numerous research has demonstrated that gut health is related to mood and mental health. As a result, the substance aids in the reduction of autism, OCD, OCD, and depression. The products may also strengthen the immune system by encouraging the body to produce antibodies. Thus, this factor is driving the market CAGR.

The producers of probiotic beverages have been developing cutting-edge goods with various flavors and eye-catching packaging. The performance levels of the other strains make it easier for the producers to select a strong strain. The most popular strains utilized to make these products are Lactobacillus and Bifidobacterium. Bacillus may be used in even the harshest industrial processes. Thus, it is anticipated that this aspect will accelerate Probiotic Drinks market revenue.

The Global Probiotic Drinks Industry experiences a notable surge in demand driven by increasing health consciousness among consumers. Individuals are becoming more aware of the benefits of gut health and its correlation with overall well-being. This trend is reflected in the growing preference for probiotic beverages, which are perceived as functional drinks that enhance digestive health. As of 2024, the market is valued at approximately 24.8 USD Billion, indicating a robust consumer shift towards healthier beverage options. This heightened awareness is likely to propel the market further as consumers actively seek products that support their health goals.

By region, the study provides the market insights into North America, Europe, Asia-Pacific and Rest of the World. North America Probiotic Drinks market accounted for USD 10.48 billion in 2022 with a share of around 45.80% and is expected to exhibit a significant CAGR growth during the study period. In terms of natural products, inclination for healthy food intake, and awareness of health and wellbeing, this region dominates the market. Consumers in this region place a high priority on good diet and everyday health.

The use of probiotics to enhance digestive health is being promoted by health professionals and gastroenterologists in the US, which is driving up the price of probiotic beverages. As a result, probiotic beverages like yoghurt and nutritious sour milk goods like kefir and kombucha are becoming more popular in the United States. New product development, partnerships, partnerships, expansions, mergers, and acquisitions are the main strategies used by the organisations in the market.

Further, the major countries studied in the market report are: The U.S, Canada, Germany, France, UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.

Figure 3: PROBIOTIC DRINKS MARKET SHARE BY REGION 2022 (%)

Source: Secondary Research, Primary Research, Market Research Future Database and Analyst Review

Europe Probiotic Drinks market accounts for the second-largest market share. Functional drink producers promote probiotic beverages due to their favorable health effects and convenient accessibility to these drinks in various tastes. Moreover, millennials' eagerness to test new products for 'quick health' advantages and the need for essential drinks and supplements among the elderly will fuel the market. Moreover, UK Probiotic Drinks market held the largest market share, and the Germany Probiotic Drinks market was the fastest growing market in the region.

Asia Pacific Probiotic Drinks Market is expected to grow at the fastest CAGR from 2024 to 2032. According to FMI, the market for probiotic drinks in East Asia is predicted to experience significant growth, with China showing the most promise. Yogurts and fermented drinks made from soy, vegetables, or eggs are China's most popular probiotic drinks. Due to their health advantages, yogurt and other probiotic drinks are becoming increasingly popular. However, established and international players like Yakult now face stiffer competition in China thanks to local players like the Mengniu group.

Also, the demand for these beverages is rising because of their perceived immunity-boosting properties, particularly among older adults, fueling the market's expansion. Further, the China Probiotic Drinks market held the largest market share, and the India Probiotic Drinks market was the fastest-growing market in the region.

Major market players are spending a lot of money on R&D to increase their product lines, which will help the Probiotic Drinks market grow even more. Market participants are also taking a range of strategic initiatives to grow their worldwide footprint, with key market developments such as new product launches, mergers and acquisitions, contractual agreements, increased investments, and collaboration with other organizations. Competitors in the Probiotic Drinks industry must offer cost-effective items to expand and survive in an increasingly competitive and rising market environment.

One of the primary business strategies adopted by manufacturers in the Probiotic Drinks industry to benefit clients and expand the market sector is to manufacture locally to reduce operating costs. In recent years, Probiotic Drinks industry has provided medicine with some of the most significant benefits. The Probiotic Drinks market major player such Nestle S.A., Danone S.A., Amul Industries Pvt Ltd., Bright Dairy & Food Co. Ltd, Bio-K Plus International Inc.

The first of these formats consists of two unique drinks in standard 375ml bottles from Alive Biome, a company specializing in food and beverages and offering the highest-quality probiotics. Probiotics have been demonstrated to be crucial for preserving gut health, promoting the preservation of a healthy body and mind and preventing many common problems linked to nutrition. Alive Biome was founded in October 2016 by two family members from Shropshire, UK, who were concerned about health. AliveBiome, a U.K.-based company specializing in food and beverages, introduced a new probiotic beverage in November 2017 containing live bacteria, herbs, and vitamins.

This probiotic beverage comes in 375ml bottles in raspberry and citrus flavors.

American food manufacturer Chobani is known for its strained yogurt. A Turkish businessman named Hamdi Ulukaya created the company in 2005. One of the firms responsible for the widespread adoption of thick, Greek-style yogurt in the US is Chobani. This type of yogurt is higher in protein than regular yogurt. The business has also branched into non-dairy, plant-based goods, including oat milk and dairy-free vegan yogurt. Chobani produces many Greek yogurt items, oat beverages, and snacks. A new plant-based organic beverage made with fermented fruit juice and oats was introduced by Chobani, LLC, in July 2020.

These drinks' flavors include vanilla, mixed berry vanilla, banana cream, and strawberry cream.