Report Description

Forecast Period

2025-2029

Market Size (2023)

USD 89.41 Billion

CAGR (2024-2029)

9.7%

Fastest Growing Segment

Online

Largest Market

North America

Market Size (2029)

USD 155.54 Billion

Market Overview

The Global Yogurt And Probiotic Drink Market was valued at USD 89.41 Billion in 2023 and is anticipated to project robust growth in the forecast period with a CAGR of 9.7% through 2029. The global yogurt and probiotic drink market has witnessed significant growth in recent years, driven by increasing consumer awareness of the health benefits associated with probiotics. Probiotic-rich yogurt and drinks are gaining popularity as they are known to promote gut health, boost the immune system, and aid in digestion. The rising focus on preventive healthcare and the growing interest in natural and functional foods have contributed to the expansion of this market. Additionally, the demand for dairy alternatives, such as plant-based yogurt and probiotic drinks, has surged among consumers with lactose intolerance or those seeking plant-based options. The market is characterized by a diverse range of products, including traditional yogurt, Greek yogurt, drinkable yogurt, and probiotic-enriched beverages, catering to varied consumer preferences and lifestyles.

Geographically, the market has witnessed substantial growth in Asia-Pacific, particularly in countries like China and India, where there is a strong cultural inclination towards fermented foods. North America and Europe also contribute significantly to the market share, driven by the increasing adoption of healthy lifestyles and the popularity of probiotic-rich products. Manufacturers in the global yogurt and probiotic drink market are focusing on innovation, product development, and strategic collaborations to stay competitive in this dynamic industry, ensuring a steady flow of new and appealing offerings to meet the evolving consumer demands.

Market Drivers

Health and Wellness Trends

One of the primary drivers of the global yogurt and probiotic drink market is the growing emphasis on health and wellness among consumers. With an increasing awareness of the importance of maintaining a healthy lifestyle, individuals are seeking food and beverage options that offer functional benefits. Yogurt and probiotic drinks are recognized for their positive impact on gut health due to the presence of beneficial bacteria, such as probiotics. Consumers are proactively incorporating these products into their diets, attributing them to digestive health, immune system support, and overall well-being. As the trend towards preventive healthcare continues to gain traction, yogurt and probiotic drinks position themselves as convenient and accessible options for consumers looking to enhance their nutritional intake.

Rising Demand for Functional Foods

The demand for functional foods, which provide additional health benefits beyond basic nutrition, is a key driver of the yogurt and probiotic drink market. Probiotics, present in yogurt and fermented drinks, are considered functional ingredients that contribute to a healthy microbial balance in the gut. Functional foods are increasingly preferred by consumers who are proactively seeking dietary choices that go beyond basic sustenance. The inclusion of probiotics in yogurt and drinks aligns with this trend, as these products offer a convenient and enjoyable way to incorporate functional ingredients into daily meals. Manufacturers are responding to this demand by innovating and introducing new formulations with enhanced nutritional profiles, further driving the growth of the global market.

Diversification of Product Offerings

The yogurt and probiotic drink market is characterized by a wide variety of product offerings, catering to diverse consumer preferences. Traditional yogurt, Greek yogurt, drinkable yogurt, and probiotic-enriched beverages are among the many options available. This diversification allows manufacturers to target different consumer segments based on taste preferences, dietary restrictions, and lifestyle choices. For instance, the rising popularity of plant-based diets has led to the introduction of non-dairy yogurt alternatives, expanding the market's reach to a broader audience. The ability of manufacturers to adapt to evolving consumer trends and provide a diverse range of options contributes significantly to the sustained growth and competitiveness of the global yogurt and probiotic drink market.

Cultural Inclination Toward Fermented Foods

Cultural factors play a crucial role in shaping dietary preferences, and in many regions, there is a longstanding tradition of consuming fermented foods. This cultural inclination toward fermented products, including yogurt, has been a driving force in the global market. Regions like Asia-Pacific, especially countries such as China and India, have a rich history of incorporating fermented foods into their culinary practices. The familiarity and acceptance of such products have created a conducive environment for the growth of the yogurt and probiotic drink market in these regions. Manufacturers leverage these cultural preferences by offering products that align with local tastes and traditions, further driving consumption and market expansion.

Innovation and Marketing Strategies

Continuous innovation in product development and strategic marketing initiatives are critical drivers shaping the global yogurt and probiotic drink market. Manufacturers are investing in research and development to create novel formulations, flavors, and packaging designs that appeal to a broad consumer base. Additionally, marketing strategies focused on promoting the health benefits of probiotics, such as improved digestive health and immune system support, play a pivotal role in influencing consumer purchasing decisions. Social media, online platforms, and collaborations with health and wellness influencers are commonly used channels to reach and educate consumers about the advantages of including yogurt and probiotic drinks in their daily diets. The dynamic nature of the market encourages companies to stay ahead of consumer trends, fostering a culture of innovation that drives sustained growth in the global yogurt and probiotic drink market.

In conclusion, the global yogurt and probiotic drink market is experiencing robust growth driven by health and wellness trends, the demand for functional foods, product diversification, cultural preferences, and continuous innovation. As consumers increasingly prioritize their well-being and seek convenient ways to incorporate beneficial nutrients into their diets, yogurt and probiotic drinks have emerged as popular choices, reflecting a broader shift towards healthier lifestyles and dietary choices. Manufacturers who navigate these key drivers effectively are poised to capitalize on the expanding opportunities within the competitive and dynamic yogurt and probiotic drink market.



Download Free Sample Report

 Key Market Challenges

Intense Competition and Market Saturation

One of the primary challenges confronting the yogurt and probiotic drink market is the level of competition and market saturation. As awareness of the health benefits of these products grows, more companies are entering the market, leading to increased competition. This intense competition can result in price wars, reduced profit margins, and challenges in differentiating products. The market, especially in developed regions, may reach a point of saturation where the demand plateaus, making it challenging for new entrants to gain a foothold. Existing players must continually innovate, invest in marketing strategies, and differentiate their offerings to maintain or expand their market share in this highly competitive landscape.

Sensitivity to Perishability and Shelf Life

Yogurt and probiotic drinks are inherently perishable products due to the live cultures they contain. Maintaining the viability of probiotics and the freshness of the products is critical, posing logistical challenges for manufacturers, distributors, and retailers. The need for cold storage and transportation increases operational costs, and fluctuations in temperature during distribution can impact product quality. Managing inventory turnover and minimizing product spoilage become crucial considerations. Additionally, consumers are becoming more conscious of food waste, and products with shorter shelf lives may face resistance. Overcoming these challenges requires effective supply chain management, investment in cold chain infrastructure, and strategies to optimize product shelf life while preserving the integrity of probiotic cultures.

Consumer Skepticism and Labeling Concerns

Despite the growing awareness of the health benefits associated with probiotics, consumer skepticism remains a challenge for the yogurt and probiotic drink market. Misinformation, exaggerated health claims, and a lack of understanding about probiotics and their effects on health can contribute to consumer mistrust. Moreover, concerns related to product labeling, accuracy in the enumeration of live cultures, and the transparency of ingredient lists can impact consumer confidence. As regulatory bodies tighten standards and requirements, manufacturers must ensure compliance with labeling regulations and adopt transparent communication practices to build and maintain consumer trust. Educating consumers about the science behind probiotics and providing clear, accurate information on product labels is crucial to overcoming these challenges.

Price Sensitivity and Affordability

Price sensitivity among consumers poses a challenge to the yogurt and probiotic drink market, especially in regions with diverse economic conditions. Probiotic-rich products, often positioned as premium or functional foods, may have higher price points compared to conventional options. This pricing dynamic can limit the market penetration of yogurt and probiotic drinks, particularly in regions where affordability is a significant concern for consumers. Balancing the cost of production, quality, and pricing strategies becomes essential for manufacturers to ensure that these products remain accessible to a broad consumer base. Innovative packaging solutions, production efficiency improvements, and strategic pricing strategies are avenues that companies may explore to address affordability challenges.

Regulatory Complexities and Compliance

The yogurt and probiotic drink market is subject to regulatory complexities, with varying standards and requirements across different regions and countries. Meeting these regulations, which often include specifications for probiotic strains, labeling, health claims, and quality control, can be challenging for multinational companies operating in diverse markets. Changes in regulatory frameworks or the introduction of new guidelines may require manufacturers to adapt their formulations or adjust marketing strategies to comply with evolving standards. Navigating these regulatory landscapes demands a commitment to staying informed about regional requirements, investing in compliance processes, and maintaining flexibility in product development and marketing approaches to ensure alignment with local regulations.

In conclusion, the global yogurt and probiotic drink market faces challenges related to intense competition, perishability, consumer skepticism, affordability, and regulatory complexities. Addressing these challenges requires a holistic approach that encompasses innovation, transparent communication, supply chain optimization, and strategic pricing. Companies that successfully navigate these hurdles will be better positioned to capitalize on the continued growth of the market and meet the evolving demands of health-conscious consumers worldwide.

Key Market Trends

Rise of Plant-Based Alternatives

A significant and transformative trend in the yogurt and probiotic drink market is the growing popularity of plant-based alternatives. As more consumers adopt plant-based diets for health, ethical, and environmental reasons, the demand for non-dairy yogurt and probiotic drinks has surged. Plant-based options, often made from ingredients like almond, coconut, soy, or oat milk, cater to individuals with lactose intolerance, vegans, and those seeking sustainable and cruelty-free choices. Manufacturers are responding to this trend by innovating with new plant-based formulations, flavors, and textures. The expanding array of plant-based alternatives is contributing to the market's diversification and attracting a broader consumer base.

Focus on Gut Health and Microbiome Research

The link between gut health and overall well-being has gained considerable attention, leading to a heightened focus on probiotics and the microbiome. Consumers are increasingly seeking products that promote a healthy gut, as it is believed to have positive effects on digestion, immunity, and even mental health. The yogurt and probiotic drink market is responding by incorporating specific probiotic strains known for their beneficial effects on gut flora. Moreover, companies are investing in microbiome research to understand and leverage the intricate relationship between the gut and various aspects of health. This trend is reflected in marketing strategies that emphasize gut health benefits and the promotion of specific probiotic strains known for their efficacy.

Functional and Immunity-Boosting Formulations

The ongoing global health challenges have elevated consumer interest in products that support immune health. Yogurt and probiotic drinks are being reformulated to emphasize their immune-boosting properties. Beyond traditional probiotics, manufacturers are incorporating additional functional ingredients such as vitamins, minerals, antioxidants, and adaptogens to enhance the immune-supporting potential of their products. This trend aligns with the broader consumer trend of viewing food not only as sustenance but also as a means to proactively support and enhance overall health. As a result, yogurt and probiotic drink manufacturers are positioning their products as functional foods that contribute to holistic well-being.

Personalization and Customization

Personalization has become a key trend across the food and beverage industry, and the yogurt and probiotic drink market is no exception. Consumers are increasingly seeking products that align with their individual preferences, dietary needs, and health goals. Companies are responding by offering customizable options, allowing consumers to choose specific probiotic strains, flavors, and even ingredient combinations. Personalized nutrition is facilitated by advancements in technology and data analytics, enabling companies to understand consumer preferences and tailor their offerings accordingly. This trend not only enhances the consumer experience but also reflects a broader shift toward individualized approaches to health and wellness.

Sustainability and Eco-Friendly Packaging

Sustainability has become a central concern for consumers, influencing their purchasing decisions across various product categories, including yogurt and probiotic drinks. Manufacturers are responding to this trend by adopting eco-friendly packaging solutions and implementing sustainable practices throughout the supply chain. This includes using recyclable materials, reducing plastic usage, and exploring innovative packaging designs that minimize environmental impact. Sustainability is not only a response to consumer demand but also a strategic move to align with corporate social responsibility goals and differentiate brands in a crowded market. As consumers become more environmentally conscious, sustainability practices are expected to play an increasingly significant role in shaping the yogurt and probiotic drink market.

In conclusion, the global yogurt and probiotic drink market is experiencing transformative trends driven by the rise of plant-based alternatives, a heightened focus on gut health, functional and immunity-boosting formulations, increased personalization, and a strong emphasis on sustainability. These trends reflect the evolving preferences of health-conscious consumers and the industry's response to meet their diverse needs. Staying abreast of these trends is crucial for industry players to innovate, differentiate their products, and capitalize on the continued growth of the dynamic yogurt and probiotic drink market.

Segmental Insights

Product Insights

The global yogurt and probiotic drink market is witnessing a substantial increase in demand for probiotic-rich beverages, reflecting a growing awareness of the health benefits associated with these products. Probiotics, live microorganisms known to confer health benefits when consumed in adequate amounts, are a key driver of this rising demand. Consumers are increasingly recognizing the importance of maintaining a healthy gut microbiota for overall well-being, leading to an uptick in the consumption of probiotic drinks. These beverages, ranging from traditional yogurts to innovative probiotic-enriched drinks, offer a convenient and tasty way for individuals to incorporate beneficial bacteria into their diets, supporting digestive health, immune function, and other aspects of wellness.

The surge in demand for probiotic drinks is also influenced by a broader trend towards functional foods and beverages. Consumers are seeking products that not only provide basic nutrition but also offer additional health benefits. Probiotic drinks, positioned as functional beverages, align with this trend, as they are perceived as promoting a healthy gut environment. Manufacturers in the global yogurt and probiotic drink market are responding to this demand by introducing new formulations, flavors, and packaging innovations, further fueling the growth of this dynamic market segment.

Distribution Channel Insights

The global yogurt and probiotic drink market are experiencing a notable surge in demand through online sales channels, reflecting changing consumer shopping habits and the increasing prevalence of e-commerce. The convenience and accessibility of online platforms have contributed significantly to the growth of this sales channel. Consumers are increasingly turning to online retailers to purchase yogurt and probiotic drinks due to the ease of browsing, diverse product offerings, and the convenience of doorstep delivery. This trend has been further accelerated by the global shift towards digitalization, with consumers seeking the flexibility to explore and purchase products from the comfort of their homes.

The online sales channel offers a wide array of options for consumers to compare products, read reviews, and make informed decisions, contributing to the rising demand for yogurt and probiotic drinks through this channel. Additionally, the COVID-19 pandemic has accelerated the adoption of online shopping, as consumers prioritize safety and hygiene. Manufacturers and retailers in the global yogurt and probiotic drink market are adapting to this trend by enhancing their online presence, optimizing digital marketing strategies, and ensuring a seamless online shopping experience. As the preference for online purchases continues to grow, leveraging e-commerce platforms becomes increasingly crucial for businesses to meet the evolving demands of consumers in the yogurt and probiotic drink market.

 


Download Free Sample Report

Regional Insights

The North America region is witnessing a significant surge in demand within the global yogurt and probiotic drink market. This heightened demand can be attributed to the increasing consumer focus on health and wellness, with yogurt and probiotic drinks being recognized as convenient options for incorporating beneficial bacteria into daily diets. The region has experienced a growing awareness of the link between gut health and overall well-being, propelling the demand for probiotic-rich products. Consumers in North America are showing a preference for functional foods, and yogurt and probiotic drinks, positioned as such, are gaining popularity for their digestive health benefits and immune system support.

Furthermore, the North American market's growth is fueled by the introduction of innovative product formulations, flavors, and packaging that cater to evolving consumer preferences. The region has seen a rise in demand for diverse product options, including plant-based alternatives, as well as an increasing interest in specialty and premium probiotic beverages. Manufacturers are responding to these trends by adapting their product portfolios to meet the unique demands of the North American consumer base, contributing to the overall expansion of the yogurt and probiotic drink market in the region.

Recent Developments

  • Wildwonder, a prebiotic and probiotic sparkling drink company launched a new flavor, Pineapple Paradise, in 2023. This product complements their existing line of fruit-flavored sparkling beverages designed to promote digestive health and immunity.
  • In 2023, Chobani launched its fresh and convenient line of sugar-free drinks, Chobani Zero Sugar Drinks. This high-protein, grab-and-go beverage has natural ingredients, providing customers with a nutritious option. 

Key Market Players

  • Yakult Honsha Co., Ltd.
  • Chobani, LLC
  • Danone S.A.
  • Grupo Lala, S.A.B. de C.V
  • Califia Farms, LLC
  • Lifeway Foods, Inc.
  • Kerry Group PLC 
  • Harmless Harvest, Inc.
  • NextFoods Inc. (GoodBelly Probiotics)
  • Tropicana Brands Group

 By Product

By Distribution Channel

By Region

  • Yogurt
  • Probiotic Drinks
  • Online
  • Offline
  • North America
  • Europe
  • Asia Pacific
  • South America
  • Middle East & Africa

 

Report Scope:

In this report, the Global Yogurt And Probiotic Drink Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

  • Yogurt And Probiotic Drink Market, By Product:

o   Yogurt

o   Probiotic Drinks

  • Yogurt And Probiotic Drink Market, By Distribution Channel:

o   Online

o   Offline

  • Yogurt And Probiotic Drink Market, By Region:

o   North America

§  United States

§  Canada

§  Mexico

o   Europe

§  France

§  Germany

§  Spain

§  Italy

§  United Kingdom

o   Asia-Pacific

§  China

§  Japan

§  India

§  Vietnam

§  South Korea

o   Middle East & Africa

§  South Africa

§  Saudi Arabia

§  UAE

§  Turkey

§  Kuwait

§  Egypt

o   South America

§  Brazil

§  Argentina

§  Colombia

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Yogurt And Probiotic Drink Market.

Available Customizations:

Global Yogurt And Probiotic Drink Market report with the given market data, Tech Sci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Global Yogurt And Probiotic Drink Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

1.    Introduction

1.1.  Product Overview

1.2.  Key Highlights of the Report

1.3.  Market Coverage

1.4.  Market Segments Covered

1.5.  Research Tenure Considered

2.    Research Methodology

2.1.  Objective of the Study

2.2.  Baseline Methodology

2.3.  Key Industry Partners

2.4.  Major Association and Secondary Sources

2.5.  Forecasting Methodology

2.6.  Data Triangulation & Validation

2.7.  Assumptions and Limitations

3.    Executive Summary      

3.1.  Market Overview

3.2.  Market Forecast

3.3.  Key Regions

3.4.  Key Segments

4.    Voice of Customer

4.1.  Factors Influencing Purchase Decision

4.2.  Sources of Information

5.    Global Yogurt And Probiotic Drink Market Outlook

5.1.  Market Size & Forecast

5.1.1.    By Value

5.2.  Market Share & Forecast

5.2.1.    By Product Market Share Analysis (Yogurt, Probiotic Drinks)

5.2.2.    By Distribution Channel Market Share Analysis (Online, Offline)

5.2.3.    By Regional Market Share Analysis

5.2.3.1.        North America Market Share Analysis

5.2.3.2.        Europe Market Share Analysis

5.2.3.3.        Asia-Pacific Market Share Analysis

5.2.3.4.        Middle East & Africa Market Share Analysis

5.2.3.5.        South America Market Share Analysis

5.2.4.    By Top 5 Companies Market Share Analysis, Others (2023)

5.3.  Global Yogurt And Probiotic Drink Market Mapping & Opportunity Assessment

5.3.1.    By Product Market Mapping & Opportunity Assessment

5.3.2.    By Distribution Channel Market Mapping & Opportunity Assessment

5.3.3.    By Regional Market Mapping & Opportunity Assessment

6.    North America Yogurt And Probiotic Drink Market Outlook

6.1.  Market Size & Forecast

6.1.1.    By Value

6.2.  Market Share & Forecast

6.2.1.    By Product Market Share Analysis

6.2.2.    By Distribution Channel Market Share Analysis

6.2.3.    By Country Market Share Analysis

6.2.3.1.        United States Yogurt And Probiotic Drink Market Outlook

6.2.3.1.1.           Market Size & Forecast

6.2.3.1.1.1.               By Value

6.2.3.1.2.           Market Share & Forecast

6.2.3.1.2.1.               By Product Market Share Analysis

6.2.3.1.2.2.               By Distribution Channel Market Share Analysis

6.2.3.2.        Canada Yogurt And Probiotic Drink Market Outlook

6.2.3.2.1.           Market Size & Forecast

6.2.3.2.1.1.               By Value

6.2.3.2.2.           Market Share & Forecast

6.2.3.2.2.1.               By Product Market Share Analysis

6.2.3.2.2.2.               By Distribution Channel Market Share Analysis

6.2.3.3.        Mexico Yogurt And Probiotic Drink Market Outlook

6.2.3.3.1.           Market Size & Forecast

6.2.3.3.1.1.               By Value

6.2.3.3.2.           Market Share & Forecast

6.2.3.3.2.1.               By Product Market Share Analysis

6.2.3.3.2.2.               By Distribution Channel Market Share Analysis

7.    Europe Yogurt And Probiotic Drink Market Outlook

7.1.  Market Size & Forecast       

7.1.1.    By Value

7.2.  Market Share & Forecast

7.2.1.    By Product Market Share Analysis

7.2.2.    By Distribution Channel Market Share Analysis

7.2.3.    By Country Market Share Analysis

7.2.3.1.        France Yogurt And Probiotic Drink Market Outlook

7.2.3.1.1.           Market Size & Forecast

7.2.3.1.1.1.               By Value

7.2.3.1.2.           Market Share & Forecast

7.2.3.1.2.1.               By Product Market Share Analysis

7.2.3.1.2.2.               By Distribution Channel Market Share Analysis

7.2.3.2.        Germany Yogurt And Probiotic Drink Market Outlook

7.2.3.2.1.           Market Size & Forecast

7.2.3.2.1.1.               By Value

7.2.3.2.2.           Market Share & Forecast

7.2.3.2.2.1.               By Product Market Share Analysis

7.2.3.2.2.2.               By Distribution Channel Market Share Analysis

7.2.3.3.        Spain Yogurt And Probiotic Drink Market Outlook

7.2.3.3.1.           Market Size & Forecast

7.2.3.3.1.1.               By Value

7.2.3.3.2.           Market Share & Forecast

7.2.3.3.2.1.               By Product Market Share Analysis

7.2.3.3.2.2.               By Distribution Channel Market Share Analysis

7.2.3.4.        Italy Yogurt And Probiotic Drink Market Outlook

7.2.3.4.1.           Market Size & Forecast

7.2.3.4.1.1.               By Value

7.2.3.4.2.           Market Share & Forecast

7.2.3.4.2.1.               By Product Market Share Analysis

7.2.3.4.2.2.               By Distribution Channel Market Share Analysis

7.2.3.5.        United Kingdom Yogurt And Probiotic Drink Market Outlook

7.2.3.5.1.           Market Size & Forecast

7.2.3.5.1.1.               By Value

7.2.3.5.2.           Market Share & Forecast

7.2.3.5.2.1.               By Product Market Share Analysis

7.2.3.5.2.2.               By Distribution Channel Market Share Analysis

8.    Asia-Pacific Yogurt And Probiotic Drink Market Outlook

8.1.  Market Size & Forecast       

8.1.1.    By Value

8.2.  Market Share & Forecast

8.2.1.    By Product Market Share Analysis

8.2.2.    By Distribution Channel Market Share Analysis

8.2.3.    By Country Market Share Analysis

8.2.3.1.        China Yogurt And Probiotic Drink Market Outlook

8.2.3.1.1.           Market Size & Forecast

8.2.3.1.1.1.               By Value

8.2.3.1.2.           Market Share & Forecast

8.2.3.1.2.1.               By Product Market Share Analysis

8.2.3.1.2.2.               By Distribution Channel Market Share Analysis

8.2.3.2.        Japan Yogurt And Probiotic Drink Market Outlook

8.2.3.2.1.           Market Size & Forecast

8.2.3.2.1.1.               By Value

8.2.3.2.2.           Market Share & Forecast

8.2.3.2.2.1.               By Product Market Share Analysis

8.2.3.2.2.2.               By Distribution Channel Market Share Analysis

8.2.3.3.        India Yogurt And Probiotic Drink Market Outlook

8.2.3.3.1.           Market Size & Forecast

8.2.3.3.1.1.               By Value

8.2.3.3.2.           Market Share & Forecast

8.2.3.3.2.1.               By Product Market Share Analysis

8.2.3.3.2.2.               By Distribution Channel Market Share Analysis

8.2.3.4.        Vietnam Yogurt And Probiotic Drink Market Outlook

8.2.3.4.1.           Market Size & Forecast

8.2.3.4.1.1.               By Value

8.2.3.4.2.           Market Share & Forecast

8.2.3.4.2.1.               By Product Market Share Analysis

8.2.3.4.2.2.               By Distribution Channel Market Share Analysis

8.2.3.5.        South Korea Yogurt And Probiotic Drink Market Outlook

8.2.3.5.1.           Market Size & Forecast

8.2.3.5.1.1.               By Value

8.2.3.5.2.           Market Share & Forecast

8.2.3.5.2.1.               By Product Market Share Analysis

8.2.3.5.2.2.               By Distribution Channel Market Share Analysis

9.    Middle East & Africa Yogurt And Probiotic Drink Market Outlook

9.1.  Market Size & Forecast       

9.1.1.    By Value

9.2.  Market Share & Forecast

9.2.1.    By Product Market Share Analysis

9.2.2.    By Distribution Channel Market Share Analysis

9.2.3.    By Country Market Share Analysis

9.2.3.1.        South Africa Yogurt And Probiotic Drink Market Outlook

9.2.3.1.1.           Market Size & Forecast

9.2.3.1.1.1.               By Value

9.2.3.1.2.           Market Share & Forecast

9.2.3.1.2.1.               By Product Market Share Analysis

9.2.3.1.2.2.               By Distribution Channel Market Share Analysis

9.2.3.2.        Saudi Arabia Yogurt And Probiotic Drink Market Outlook

9.2.3.2.1.           Market Size & Forecast

9.2.3.2.1.1.               By Value

9.2.3.2.2.           Market Share & Forecast

9.2.3.2.2.1.               By Product Market Share Analysis

9.2.3.2.2.2.               By Distribution Channel Market Share Analysis

9.2.3.3.        UAE Yogurt And Probiotic Drink Market Outlook

9.2.3.3.1.           Market Size & Forecast

9.2.3.3.1.1.               By Value

9.2.3.3.2.           Market Share & Forecast

9.2.3.3.2.1.               By Product Market Share Analysis

9.2.3.3.2.2.               By Distribution Channel Market Share Analysis

9.2.3.4.        Turkey Yogurt And Probiotic Drink Market Outlook

9.2.3.4.1.           Market Size & Forecast

9.2.3.4.1.1.               By Value

9.2.3.4.2.           Market Share & Forecast

9.2.3.4.2.1.               By Product Market Share Analysis

9.2.3.4.2.2.               By Distribution Channel Market Share Analysis

9.2.3.5.        Kuwait Yogurt And Probiotic Drink Market Outlook

9.2.3.5.1.           Market Size & Forecast

9.2.3.5.1.1.               By Value

9.2.3.5.2.           Market Share & Forecast

9.2.3.5.2.1.               By Product Market Share Analysis

9.2.3.5.2.2.               By Distribution Channel Market Share Analysis

9.2.3.6.        Egypt Yogurt And Probiotic Drink Market Outlook

9.2.3.6.1.           Market Size & Forecast

9.2.3.6.1.1.               By Value

9.2.3.6.2.           Market Share & Forecast

9.2.3.6.2.1.               By Product Market Share Analysis

9.2.3.6.2.2.               By Distribution Channel Market Share Analysis

10. South America Yogurt And Probiotic Drink Market Outlook

10.1.             Market Size & Forecast        

10.1.1. By Value

10.2.             Market Share & Forecast

10.2.1. By Product Market Share Analysis

10.2.2. By Distribution Channel Market Share Analysis

10.2.3. By Country Market Share Analysis

10.2.3.1.     Brazil Yogurt And Probiotic Drink Market Outlook

10.2.3.1.1.         Market Size & Forecast

10.2.3.1.1.1.            By Value

10.2.3.1.2.         Market Share & Forecast

10.2.3.1.2.1.            By Product Market Share Analysis

10.2.3.1.2.2.            By Distribution Channel Market Share Analysis

10.2.3.2.     Argentina Yogurt And Probiotic Drink Market Outlook

10.2.3.2.1.         Market Size & Forecast

10.2.3.2.1.1.            By Value

10.2.3.2.2.         Market Share & Forecast

10.2.3.2.2.1.            By Product Market Share Analysis

10.2.3.2.2.2.            By Distribution Channel Market Share Analysis

10.2.3.3.     Colombia Yogurt And Probiotic Drink Market Outlook

10.2.3.3.1.         Market Size & Forecast

10.2.3.3.1.1.            By Value

10.2.3.3.2.         Market Share & Forecast

10.2.3.3.2.1.            By Product Market Share Analysis

10.2.3.3.2.2.            By Distribution Channel Market Share Analysis

11. Market Dynamics

11.1.             Drivers

11.2.             Challenges

12. Impact of COVID-19 on Global Yogurt And Probiotic Drink Market

12.1.             Impact Assessment Model   

12.1.1. Key Segments Impacted

12.1.2. Key Regions Impacted

12.1.3. Key Countries Impacted

13. Market Trends & Developments

14. Competitive Landscape

14.1.             Company Profiles

14.1.1. Yakult Honsha Co., Ltd.

14.1.1.1.     Company Details

14.1.1.2.     Products

14.1.1.3.     Financials (As Per Availability)

14.1.1.4.     Key Market Focus & Geographical Presence

14.1.1.5.     Recent Developments

14.1.1.6.     Key Management Personnel

14.1.2. Chobani, LLC

14.1.2.1.     Company Details

14.1.2.2.     Products

14.1.2.3.     Financials (As Per Availability)

14.1.2.4.     Key Market Focus & Geographical Presence

14.1.2.5.     Recent Developments

14.1.2.6.     Key Management Personnel

14.1.3. Danone S.A.

14.1.3.1.     Company Details

14.1.3.2.     Products

14.1.3.3.     Financials (As Per Availability)

14.1.3.4.     Key Market Focus & Geographical Presence

14.1.3.5.     Recent Developments

14.1.3.6.     Key Management Personnel

14.1.4. Grupo Lala, S.A.B. de C.V

14.1.4.1.     Company Details

14.1.4.2.     Products

14.1.4.3.     Financials (As Per Availability)

14.1.4.4.     Key Market Focus & Geographical Presence

14.1.4.5.     Recent Developments

14.1.4.6.     Key Management Personnel

14.1.5. Califia Farms, LLC

14.1.5.1.     Company Details

14.1.5.2.     Products

14.1.5.3.     Financials (As Per Availability)

14.1.5.4.     Key Market Focus & Geographical Presence

14.1.5.5.     Recent Developments

14.1.5.6.     Key Management Personnel

14.1.6. Lifeway Foods, Inc.

14.1.6.1.     Company Details

14.1.6.2.     Products

14.1.6.3.     Financials (As Per Availability)

14.1.6.4.     Key Market Focus & Geographical Presence

14.1.6.5.     Recent Developments

14.1.6.6.     Key Management Personnel

14.1.7. Kerry Group PLC

14.1.7.1.     Company Details

14.1.7.2.     Products

14.1.7.3.     Financials (As Per Availability)

14.1.7.4.     Key Market Focus & Geographical Presence

14.1.7.5.     Recent Developments

14.1.7.6.     Key Management Personnel

14.1.8. Harmless Harvest, Inc.

14.1.8.1.     Company Details

14.1.8.2.     Products

14.1.8.3.     Financials (As Per Availability)

14.1.8.4.     Key Market Focus & Geographical Presence

14.1.8.5.     Recent Developments

14.1.8.6.     Key Management Personnel

14.1.9. NextFoods Inc. (GoodBelly Probiotics)

14.1.9.1.     Company Details

14.1.9.2.     Products

14.1.9.3.     Financials (As Per Availability)

14.1.9.4.     Key Market Focus & Geographical Presence

14.1.9.5.     Recent Developments

14.1.9.6.     Key Management Personnel

14.1.10.              Tropicana Brands Group

14.1.10.1.  Company Details

14.1.10.2.  Products

14.1.10.3.  Financials (As Per Availability)

14.1.10.4.  Key Market Focus & Geographical Presence

14.1.10.5.  Recent Developments

14.1.10.6.  Key Management Personnel

15. Strategic Recommendations/Action Plan

15.1.             Key Focus Areas

15.2.             Target By Product

15.3.             Target By Distribution Channel

 16. About Us & Disclaimer

Figures and Tables

Frequently asked questions

down-arrow

The market size of the Global Yogurt And Probiotic Drink Market was estimated to be USD 89.41 Billion in 2023.

down-arrow

The major drivers for the global yogurt and probiotic drink market include a growing emphasis on health and wellness, increasing demand for functional foods, diversification of product offerings to cater to different preferences, cultural inclination toward fermented foods, and continuous innovation in product development and marketing strategies by manufacturers to meet evolving consumer demands.

down-arrow

Major trends in the global yogurt and probiotic drink market include the rise of plant-based alternatives, a heightened focus on gut health and microbiome research, formulations emphasizing functional and immunity-boosting ingredients, a trend toward personalization and customization, and a strong emphasis on sustainability, reflected in eco-friendly packaging solutions and environmentally conscious practices throughout the supply chain.

down-arrow

Key challenges for the global yogurt and probiotic drink market include intense competition and market saturation, sensitivity to perishability and shelf life, consumer skepticism and labeling concerns, price sensitivity and affordability issues, and regulatory complexities requiring adherence to varying standards across different regions. Addressing these challenges is essential for sustained market growth.

profile

Parvati Sharma

Account Manager BD
Press Release

Yogurt And Probiotic Drink Market to Grow with a CAGR of 9.7% through 2029

May, 2024

Rising demand for functional foods and diversification of product offerings are driving the Global Yogurt And Probiotic Drink Market in the forecast period 2025-2029