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Global Probiotics Drink Market Anticipated to Hit $13,814.70 Million, Rising at 8.5% CAGR in 2021 to 2028 Timeframe - Exclusive COVID-19 Impact Analysis [180 Pages] Report by Research Dive
The is expected to garner , growing at a from . The report delivers comprehensive insights into the current condition and future prospective of the industry by meticulously examining market drivers and restraints, opportunities, major segments, and regions.
The COVID-19 pandemic has made a positive impact on the growth of the global probiotics drink market in 2020. In the pandemic period, the demand for healthy foods has surged marvelously owing to the growing awareness about maintaining a healthy lifestyle. This has boosted the sale and manufacturing of probiotics drinks across the globe, which is fueling the growth of the market in the pandemic period.
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The market is segmented based on type, distribution channel, and region.
The key factors fueling the growth of the global probiotics drink market are a significant rise in the awareness about health benefits of probiotics drinks as well as increasing lifestyle-related disorders such as constipation, gastric disorders, and acidity amongst people of all age groups across the world. In addition, enhancements in the prevailing probiotics drink products and launches of novel probiotics drinks by manufacturers are expected to open doors to innovative opportunities for the market growth in the projected period. However, lack of awareness and high cost of probiotics drinks are projected to obstruct the market growth during the forecast period.
1. Yakult Honsha Co. Ltd.
2. Danone S.A.
3. PepsiCo
4. NextFoods
5. Harmless Harvest
6. Bio-K Plus International Inc
7. Fonterra Co-operative Group
8. Nestle SA
9. Lifeway Foods, Inc.
10. Chobani, LLC
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Numerous business strategies, such as acquisitions, mergers, R&D activities, new product developments, and much more, are implemented by these players to attain a strong position in the global market. For instance, in December 2020 , Uniseed Investee PERKii, a probiotics company, launched sparkling probiotic drink, blended with natural flavors, at Coles Express, which is an Australian chain of convenience stores at Shell Australia petrol stations.
Moreover, the report offers other key details of leading players such as business tactics, financial performance, and product/service range of these players along with Porter's five forces analysis and SWOT analysis
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India . Maintaining the integrity and authenticity of the services, the firm provides the services that are solely based on its exclusive data model, compelled by the 360-degree research methodology, which guarantees comprehensive and accurate analysis. With an unprecedented access to several paid data resources, team of expert researchers, and strict work ethic, the firm offers insights that are extremely precise and reliable. Scrutinizing relevant news releases, government publications, decades of trade data, and technical & white papers, Research dive deliver the required services to its clients well within the required timeframe. Its expertise is focused on examining niche markets, targeting its major driving factors, and spotting threatening hindrances. Complementarily, it also has a seamless collaboration with the major industry aficionado that further offers its research an edge.
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