Probiotic Drinks Market Scope
Probiotic drinks are functional beverages, which can help in improving the health conditions of the gut by maintaining the balance of the intestine of humans and animals. Customers are progressively demanding foods with special properties, such as pleasant flavor, beneficial health effects, and low-calorie value or low-fat content. Within this context, the food industry has been developing products with improved flavour and appearance, and this has led to significant growth of the probiotics drinks market in the forecast period.
The market study is segmented by Type (Fruit-Based Probiotic Drinks, Dairy-Based Probiotic Drinks and Others), by Application (Food and Beverages, Dietary Supplements and Animal Feed) and major geographies with country level break-up.
The Vendors having a strong hold in the market are Bio-K Plus International Inc., Danone S.A., GoodBelly, and Kevita Inc. Research Analyst at AMA estimates that United States Vendors will contribute to the maximum growth of Global Probiotic Drinks market throughout the predicted period.
Bio-K Plus International Inc. (Canada), Danone S.A. (France), GoodBelly (United States), Kevita Inc (United States), Nestlé S.A. (Switzerland), Yakult (Japan), Amul (India), Pepsico Inc. (United States), Bright Dairy (China) and Lifeway Foods, Inc. (United States) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research are Fonterra Co-operative Group (Australia), Grupo Lala (Mexico) and Harmless Harvest (United States).
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
AdvanceMarketAnalytics has segmented the market of Global Probiotic Drinks market by Type, Application and Region.
On the basis of geography, the market of Probiotic Drinks has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
On 10, September 2019, Doctor D’s has announced that the company has introduced three new sparkling probiotic refreshing and easy-to-drink flavors i.e. Berry Lavender, Hibiscus Cooler, and Lime Mint Mojito.
- Growing Demand for Functional Food and Beverages Globally
- Rising Number of Health-Conscious Consumers in Developing Economies
- Increasing Popularity of Probiotic Dietary Supplements, Especially the Younger Generation
- Health Benefits Associated With Probiotic Drinks
- Increase in Demand for Probiotics in Developed and Developing Economies
- Technological Advancements and Development in Probiotic Drinks
- International Quality Standards and Regulations for Probiotic Products are Hindering Market Growth
Key Target AudienceProbiotic Drinks Manufacturers, Probiotic Drinks Suppliers, Wholesalers, Distributors, and Retailers of Probiotic Drinks, Governmental Bodies and Others
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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