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Probiotic Soda Market to Grow Two-Fold as On-the-go Consumption Trend Gains Impetus
NEW YORK , July 21, 2022 /PRNewswire/ -- The global probiotic soda market size is expected to be valued at US$ 443.8 Million in 2032 and is set to exhibit a robust CAGR of 7.7% in the forecast period (2022-2032). Easy availability of ready-to-drink products owing to the trend of on-the-go consumption is expected to promote sales of probiotic soda in the assessment period.
Ability of probiotic drinks to help maintain a healthy balance of stomach bacteria, support weight loss, and maintain digestive health is set to augment demand for probiotic soda. Consumption of probiotic soda can also help in enhancing an individual's nutrient absorption and bowel movement.
Besides, these beverages help in promoting mental health, which is directly linked with gut health. These also aid in reducing autism, obsessive-compulsive disorder, anxiety, and depression. These can produce natural antibodies in the body, thereby boosting one's immune system.
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Moreover, rising number of online retailers providing hassle-free delivery, easy payment options, and competitive pricing is expected to spur the market during the forecast period. High dependency of the millennial population on e-commerce and the internet is another crucial factor that would drive sales of probiotic soda through online channels.
Manufacturers across the globe are launching unique probiotic soda with aesthetic packaging and new flavors to attract a large consumer base. They are mainly targeting the young population by endorsing celebrities and social media influencers.
In April 2022 , for instance, Culture Pop, a probiotic soda brand based in Boston , launched two new flavors, namely, Strawberry & Rhubarb and Lemon Lime & Cardamom. These are available in both stores and the brand's online shopping platform. Similar innovative product launches are expected to boost the market in the assessment period.
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The global probiotic soda market is characterized by intense competition owing to the presence of several key players. They are striving to launch organic ingredients, attractive packaging, and novel flavors to gain a competitive edge. A few other key players are engaging in joint ventures, acquisitions, and partnerships to co-develop innovative products and expand their geographic footprints across the globe.
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In the latest study, Fact.MR offers a detailed study on global probiotic soda market for the forecast period of 2022 to 2032. This study also highlights key drivers promoting the sales of probiotic soda through detailed segmentation as follows:
: Increasing prevalence of diabetes is projected to push the demand for artificially sweetened carbonated beverages that have zero calories and are sugar free, which would drive the diet soda market. Besides, rising number of health-conscious consumers and their changing lifestyles are expected to boost the market.
: Growing trend of gourmet food and wellness food items in both developed and developing countries is likely to accelerate sales of organic soda in the evaluation period. In addition, rapid shift of consumers from sugar-laden drinks to low-sugar or mid-calorie beverages is another vital factor that would aid growth.
: Rising awareness about the availability of a wide range of flavored beverages among millennials and Gen Z is set to fuel the sparkling soda market. Ongoing rebranding of health-related carbonated waters by key players is also projected to drive growth.
: Growing Demand for Probiotics due to their Numerous Benefits and Multiple Applications in the Food and Beverages Industry. The global probiotics market is growing significantly and becoming increasingly competitive.
: The increasing demand for probiotic confectionery products such as capsules, gel, powders, tablets, and beverages due to health driven factor is anticipated to witness the growth of the probiotic confectionery market.
: Over the projection period, global sales of botanical infused drinks are expected to expand steadily. Botanical infused drinks are in high demand due to their environmentally friendly credentials, natural flavours, and health advantages.
: The research report presents a comprehensive assessment of the whole grain drinks market and contains thoughtful insights, facts, historical data and statistically supported and industry-validated market data.
: Pastry fillings market is anticipated to witness a notable upsurge during the forecast period 2020 to 2030, conferring to a new Fact.MR study.
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