How big is the Probiotic Drinks Market?

The Probiotic Drinks Market size is expected to reach USD 41.13 billion in 2024 and grow at a CAGR of 9.82% to reach USD 65.69 billion by 2029. Read More

What is the current Probiotic Drinks Market size?

In 2024, the Probiotic Drinks Market size is expected to reach USD 41.13 billion. Read More

Which is the fastest growing region in Probiotic Drinks Market?

Asia-Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Probiotic Drinks Market?

In 2024, the Asia-Pacific accounts for the largest market share in Probiotic Drinks Market. Read More

What years does this Probiotic Drinks Market cover, and what was the market size in 2023?

In 2023, the Probiotic Drinks Market size was estimated at USD 37.45 billion. The report covers the Probiotic Drinks Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Probiotic Drinks Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Probiotic Drinks Market - Share, Size & Trends

Probiotic Drinks Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The report covers Global Probiotic Drink Market Trends and it is segmented by Product Type (Yogurt Drinks, Fermented Milk Drinks, Kombucha, Kefir, Probiotic Juices, and Other Product Types); by Distribution Channel (Supermarkets/Hypermarkets, Convenience Stores, Pharmacies/Health Stores, and Other Distribution Channels); and by Geography (North America, Europe, South America, Asia Pacific, and Middle East and Africa). The market size and values are provided in terms of (USD Million) during the forecasted years for the above segments.

Probiotic Drinks Industry Overview

Some of the major players in the region are Fonterra Co-op Group Ltd., Yakult Honsha Co. Ltd., Groupe Lactalis, Groupe Danone SA, and Kerry Group PLC (Bio-K Plus International Inc.), among others. The leading players in the probiotic drinks market enjoy a dominant presence worldwide. Brand loyalty among consumers gives these companies the upper hand. Major players are focusing on introducing new products to the market to ignite the interests of consumers. New product development is the most preferred strategy in the global probiotic drinks market. Furthermore, the key players are embarking on mergers and acquisitions as one of their key strategies to achieve consolidation and optimize their offerings. Certain players have been expanding their geographical presence by acquiring or merging with manufacturers in the domestic market.