Global Yogurt and Probiotic Drink Market

Yogurt and Probiotic Drink Market Size, Share, Growth Analysis, By Product(Yogurt Drink and Probiotic Drink), By Distribution Channel(Online and Offline), By Region - Industry Forecast 2025-2032


Report ID: SQMIG30I2170 | Region: Global | Published Date: July, 2024
Pages: 157 | Tables: 59 | Figures: 76

Yogurt and Probiotic Drink Market Regional Insights

In 2021, North America made for the largest portion of global revenue more than 44.50%. The region's increasing number of health-conscious consumers choosing vegan diets is anticipated to fuel the segment's development during the forecast period. Therefore, the market will have clear development objectives as more consumers choose vegan diets.

The Asia-Pacific region is anticipated to practice the highest CAGR during the forecast Period. The overall growth of the region will be aided by a number of initiatives, including the introduction of new products by significant manufacturers. For instance, in March 2020, the Japanese business Megmilk Snow brand unveiled its first functional yogurt product to treat allergy symptoms. It contains the Lactobacillus helveticus SBT2171, a lactic acid bacterium well known for its capacity to lessen allergic reaction symptoms. Producers are beginning to take notice of Bacillus' capacity to be used in even the most demanding production procedures, which is anticipated to adapt well to the region's market development.

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Yogurt and Probiotic Drink Market size was valued at USD 0 Billion in 2023 and is poised to grow from USD 0 Billion in 2024 to USD 0 Billion by 2032, growing at a CAGR of 9.7% during the forecast period (2025-2032).

The existence of numerous developed international players and numerous developing key market entrants has helped to consolidate the industry. For the purpose of boosting their customer base and fostering brand loyalty, these companies are taking part in significant acquisition and promotional campaigns. 'Danone S.A.', 'Nestle S.A.', 'Yakult Honsha Co., Ltd.', 'General Mills Inc.', 'Chobani LLC', 'Fage International S.A.', 'Muller Group', 'Arla Foods amba', 'Lactalis Group', 'The Coca-Cola Company', 'PepsiCo Inc.', 'Grupo Lala S.A.B. de C.V.', 'The Hain Celestial Group, Inc.', 'Lifeway Foods Inc.', 'Stonyfield Farm Inc.', 'Mother Dairy Fruit & Vegetable Pvt. Ltd.', 'Clover S.A. (Pty) Ltd.', 'Parmalat S.p.A.', 'Bright Dairy & Food Co., Ltd.', 'Groupe Danone Argentina S.A.', 'In January 2022, A Danone S.A. subsidiary called So Delicious has introduced a new range of coconut milk yogurt substitutes with botanical extracts, including strawberry with elderberry extract, mango with ginger and turmeric extract, and mixed berry with chamomile extract. The product is advertised as having live and active cultures, organic coconut, 7-8 grams of sugar, and no fake sweeteners or preservatives.'

Yogurt and probiotic drinks are known for their health benefits such as improved digestion, increased immunity, and weight management. These benefits are driving consumers towards these products.

Increasing demand for probiotic products: There has been a growing awareness among consumers about the health benefits of probiotics, which has led to a rise in demand for yogurt and probiotic drinks. Probiotics are known to improve digestion, boost immunity, and promote overall health.

In 2021, North America made for the largest portion of global revenue more than 44.50%. The region's increasing number of health-conscious consumers choosing vegan diets is anticipated to fuel the segment's development during the forecast period. Therefore, the market will have clear development objectives as more consumers choose vegan diets.

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Global Yogurt and Probiotic Drink Market

Report ID: SQMIG30I2170

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