Market Overview

The Global Probiotic Drinks Market was valued at USD 41,876.1 million in 2023 and is expected to reach USD 88,596.8 million by 2031 while growing at a CAGR of 9.8% during the forecast period (2024-2031).

 *Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Market Dynamics

This section of the report will analyze various driving and restraining factors that are expected to have a significant impact on the global probiotic drinks market growth. Probiotic drinks, popular for integrating beneficial bacteria known as probiotics into the digestive system, contain live microorganisms like bacteria or yeast. Consuming these beverages in sufficient amounts offers health benefits, making them a convenient choice for maintaining digestive balance and well-being.

Increasing consumer awareness of health benefits and changes in lifestyle, including sedentary habits and dietary patterns, drive the growth of the probiotic drinks market. However, obstacles like regulatory challenges and labeling issues, along with limited awareness and education, may impede market expansion.

Furthermore, the global probiotic drinks industry will be analyzed through various tools including PESTLE analysis, and Porter’s analysis.

Segmentation – By Product Type Analysis

The Global Probiotic Drinks Market is segmented among Yogurt Drinks, Fermented Milk Drinks, Kombucha, Kefir, Probiotics Juices, and Other Product Types, based on Product Type. In 2023, Yogurt Drinks accounted for the majority of the market share*.

 *Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Segmentation – By Distribution Channel Analysis

The Global Probiotic Drinks Market is segmented among Supermarkets/Hypermarkets, Convenience Stores, Pharmacies/Health Stores, and Other Distribution Channels, based on Distribution Channel. In 2023, Supermarkets/Hypermarkets accounted for the majority of the market share*.

 *Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Global Probiotic Drinks Market: Regional Analysis

Based on region, the market is divided into six regions including North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. In 2023, Asia Pacific dominated the market with the highest market share, while North America is expected to grow with the highest CAGR during the forecast period (2024 – 2031).

 *Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Competitive Landscape

Some of the key players operating in the market are Fonterra Co-op Group Ltd, Yakult Honsha Co. Ltd, PepsiCo Inc., Groupe Lactalis, Groupe Danone SA, Kerry Group PLC (Bio-K Plus International Inc.), Lala Branded Products LLC, Lifeway Foods Inc., Harmless Harvest Inc., and Obi Probiotic Soda.

Table of Contents:

1. Research Methodology and Market Scope

• Research Methodology

• Market Scope

2. Executive Summary

3. Global Probiotic Drinks Market Dynamics

• Drivers

• Restraints

• Opportunity

4. Global Probiotic Drinks Industry Analysis

• PEST Analysis

• Porter's Five Force Analysis

• Recent Deals Analysis

5. Global Probiotic Drinks Market Segmentation, By Product Type  

• Global Probiotic Drinks Market Share Analysis, By Product Type  

• Global Probiotic Drinks Market Growth Analysis, By Product Type  

• Global Probiotic Drinks Market Trends, By Product Type  

o Drinks

o Fermented Milk Drinks

o Kombucha

o Kefir

o Probiotics Juices

o Other Product Types

6. Global Probiotic Drinks Market Segmentation, By Distribution Channel

• Global Probiotic Drinks Market Share Analysis, By Distribution Channel

• Global Probiotic Drinks Market Growth Analysis, By Distribution Channel

• Global Probiotic Drinks Market Trends, By Distribution Channel

o Supermarkets/Hypermarkets

o Convenience Stores

o Pharmacies/Health Stores

o Other Distribution Channels

7. Global Probiotic Drinks Market Segmentation, By Region

• Global Probiotic Drinks Market Share Analysis, By Region

• Global Probiotic Drinks Market Growth Analysis, By Region

• Global Probiotic Drinks Market Trends, By Region

o North America

o Europe

o Asia Pacific

o Latin America

o Middle East

o Africa

8. Competitive Landscape

• Fonterra Co-op Group Ltd.*

o Company Overview

o Financial Performance

o Key Development/Strategies

o SWOT Analysis

• Yakult Honsha Co. Ltd

• PepsiCo Inc.

• Groupe Lactalis

• Groupe Danone SA

• Kerry Group PLC (Bio-K Plus International Inc.)

• Lala Branded Products LLC

• Lifeway Foods Inc.

• Harmless Harvest Inc.

• Obi Probiotic Soda

 *Similar analysis will be provided for each company listed above.