Yogurt And Probiotic Drink market

Yogurt And Probiotic Drink Market, Global Outlook and Forecast 2024-2030

  • 13 May 2024
  • Food and Beverages
  • 71 Pages
  • Report code : PMR-7686877

  • 4.7 (158)

Yogurt And Probiotic Drink Market

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The Global Yogurt And Probiotic Drink market was valued at US$ 152.8 billion in 2023 and is projected to reach US$ 222.7 billion by 2030, exhibiting a Compound Annual Growth Rate (CAGR) of 5.5% during the forecast period (2023-2030).

The demand for healthy products that can be easily incorporated into everyday routines and lifestyles has opened new avenues for yogurt drinks. The positioning of these drinks as the basis of healthy nutrition and the increase in public awareness about the health benefits of these beverages are driving product demand across the globe.

Yogurt And Probiotic Drink Market aims to provide a comprehensive presentation of the global market for Yogurt And Probiotic Drink, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Yogurt And Probiotic Drink. Yogurt And Probiotic Drink Market contains market size and forecasts of Yogurt And Probiotic Drink in global, including the following market information:

  • Global Yogurt And Probiotic Drink Market Revenue, 2018-2023, 2024-2030, ($ millions)
  • Global Yogurt And Probiotic Drink Market Sales, 2018-2023, 2024-2030, (M Bottles)
  • Global top five Yogurt And Probiotic Drink companies in 2023 (%)

The global key manufacturers of Yogurt And Probiotic Drink include Yakult Honsha Co., Ltd., Chobani, LLC, Danone, Grupo Lala, Califia Farms, Lifeway Foods, Inc., Bio-K+, Harmless Harvest and GoodBelly Probiotics, etc. in 2023, the global top five players have a share approximately % in terms of revenue.

The Yogurt and Probiotic Drink Market is a rapidly growing sector within the global food and beverage industry, driven by increasing consumer awareness of the health benefits associated with probiotics. These products, which include traditional yogurt, drinkable yogurt, kefir, and other probiotic-rich beverages, are popular for their potential to improve gut health, boost immunity, and contribute to overall well-being.

Key Market Drivers:

  1. Health and Wellness Trends: The growing emphasis on health-conscious living has led consumers to seek out functional foods and beverages. Yogurt and probiotic drinks are perceived as natural and beneficial options that support digestive health.

  2. Rising Lactose Intolerance: As awareness of lactose intolerance increases, many consumers are turning to yogurt and probiotic drinks, which are often easier to digest than milk.

  3. Innovation and Product Diversification: Manufacturers are expanding their product lines with various flavors, formulations, and packaging options to cater to diverse consumer preferences. Plant-based probiotic drinks have also seen significant growth, appealing to vegan and lactose-intolerant consumers.

  4. Increasing Urbanization and Disposable Income: As more people live in urban areas and have higher disposable incomes, there is greater access to and demand for convenient, healthy food options, including yogurt and probiotic drinks.

Market Challenges:

  1. Regulatory Hurdles: The regulatory environment for probiotic labeling and health claims varies by region, posing challenges for manufacturers in marketing their products.

  2. High Competition: The market is highly competitive, with many established players and new entrants, leading to price pressures and the need for continuous innovation.

  3. Consumer Skepticism: While the benefits of probiotics are widely recognized, there remains some consumer skepticism, particularly regarding the efficacy of certain products and the validity of health claims.

Regional Insights:

  • North America and Europe are the largest markets, driven by high health awareness, a strong dairy industry, and a growing demand for functional foods.
  • Asia-Pacific is the fastest-growing region, with increasing urbanization, rising health consciousness, and a growing middle class driving demand.
  • Latin America and Middle East & Africa are emerging markets, with expanding product availability and growing consumer interest in health and wellness.

The Yogurt and Probiotic Drink Market is expected to continue its growth trajectory, supported by ongoing innovation, expanding consumer base, and increasing awareness of the health benefits of probiotics. The market is also likely to see further diversification, with more plant-based and functional ingredients being incorporated into products.

We surveyed the Yogurt And Probiotic Drink manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Yogurt And Probiotic Drink Market, by Type, 2018-2023, 2024-2030 ($ Millions) & (M Bottles)

Global Yogurt And Probiotic Drink Market Segment Percentages, by Type, 2023 (%)

  • Yogurt Drink
  • Probiotic Drink
Global Yogurt And Probiotic Drink Market, by Application, 2018-2023, 2024-2030 ($ Millions) & (M Bottles)
Global Yogurt And Probiotic Drink Market Segment Percentages, by Application, 2023 (%)
  • Online
  • Offline
Global Yogurt And Probiotic Drink Market, By Region and Country, 2018-2023, 2024-2030 ($ Millions) & (M Bottles)
Global Yogurt And Probiotic Drink Market Segment Percentages, By Region and Country, 2023 (%)
  • North America
  • US
  • Canada
  • Mexico
  • Europe
  • Germany
  • France
  • U.K.
  • Italy
  • Russia
  • Nordic Countries
  • Benelux
  • Rest of Europe
  • Asia
  • China
  • Japan
  • South Korea
  • Southeast Asia
  • India
  • Rest of Asia
  • South America
  • Brazil
  • Argentina
  • Rest of South America
  • Middle East & Africa
  • Turkey
  • Israel
  • Saudi Arabia
  • UAE
  • Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
  • Key companies Yogurt And Probiotic Drink revenues in global market, 2018-2023 (Estimated), ($ millions)
  • Key companies Yogurt And Probiotic Drink revenues share in global market, 2023 (%)
  • Key companies Yogurt And Probiotic Drink sales in global market, 2018-2023 (Estimated), (M Bottles)
  • Key companies Yogurt And Probiotic Drink sales share in global market, 2023 (%)
key players include:
  • Yakult Honsha Co., Ltd.
  • Chobani, LLC
  • Danone
  • Grupo Lala
  • Califia Farms
  • Lifeway Foods, Inc.
  • Bio-K+
  • Harmless Harvest
  • GoodBelly Probiotics
  • KeVita
  • Including or excluding key companies relevant to your analysis.
Outline of Major Chapters:

Chapter 1: Introduces the definition of Yogurt And Probiotic Drink, market overview.

Chapter 2: Global Yogurt And Probiotic Drink market size in revenue and volume.

Chapter 3: Detailed analysis of Yogurt And Probiotic Drink manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.

Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 6: Sales of Yogurt And Probiotic Drink in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.

Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.

Chapter 8: Global Yogurt And Probiotic Drink capacity by region & country.

Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.

Chapter 11: The main points and conclusions of the report.

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