The global yogurt and probiotic drink market is estimated to secure a valuation of USD 197,014.2 million in 2024, with a CAGR of 7.6% during the forecast period. The global market is likely to capture a valuation of USD 209,660.3 million by 2034.
Increasing consumer demand for healthy and functional foods are raising the adoption of yogurt and probiotic drink to boost energy. Consumers prefer yogurt for healthy digestion, and gut health is accelerating the adoption of yogurt and probiotic drinks. Growing consumer awareness of healthy diets and nutrients shifts their preferences toward yogurt and probiotic drinks.
Consumers are adopting healthy substitutes, and organic drinks are surging the demand for yogurt and probiotic drink market to expand the market reach. Rising demand for high-quality beverages and fresh drinks prefer adopting yogurt and probiotic drinks. Shifting consumers' desires for healthy and homemade beverages increases the yogurt and probiotic drink market.
| Data Points | Market Insights |
|---|---|
| Yogurt and Probiotic Drink Market Size Value 2024 | USD 197,014 million |
| Yogurt and Probiotic Drink Market Size Value 2034 | USD 209,660.3 million |
| Yogurt and Probiotic Drink Market CAGR | 7.6% |
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Key companies are developing new strategies and collaborating with dairy farms to boost product sales. Leading companies are innovative exotic flavored drinks with healthy ingredients, such as Jira Chhach, for better digestion and are gaining vast popularity among consumers. These drinks are healthy, tasty, and available in unique flavors to attract consumers as their choices and tastes are advancing market opportunities.
Increasing consumer's desires for immune health boosting and proper nutrients are raising the demand for yogurt and probiotic drink market. These consumers prefer yogurt drinks for healthy breakfast and day snacking to maintain body fat and better nutrients. The popularity of plant-based and dairy-free drinks among consumers are capturing the adoption of yogurt and probiotic drink.
Rising consumer digestive problems, different tastes, and shifting towards another option for healthy lifestyles are likely to hamper the yogurt and probiotic drink industry. Increasing price of yogurt and probiotic drinks is also likely to pose as a restraint. Some consumer faces lactose intolerance and allergies due to the consumption of dairy products, which also decrease the adoption of yogurt and probiotic drinks. The unavailability of dairy products and supply chain disruptions are other challenges manufacturers face in the global market.
Principal Consultant
The global yogurt and probiotic drink industry captured a valuation of USD 90,073.7 million with a CAGR of 8% in 2023. The market registered a valuation of USD 67,205 million in 2019. Key companies are maintaining their position in the market by launching innovative products that capture end users' desires. The availability of unique products keeps consumers eye-catching to prefer them, which is surging the demand for yogurt and probiotic drink market.
Ongoing innovations, technologies, and experiments boost the market growth, raising the demand for yogurt and probiotic drink. Rising eco-friendly packaging products to enhance the shelf-life of products are capturing consumers' need for secure, safe, and better-quality drinks. Consumers are growing in popularity, with veganism trends surging the market revenue.
| Countries | CAGR from 2024 to 2034 |
|---|---|
| United States | 6.3% |
| China | 7.0% |
| Germany | 7.6% |
| United Kingdom | 8.9% |
| India | 9.4% |
The United States is estimated to capture a CAGR of 6.3% in the global market during the forecast period. Increasing the demand for energy-boosting drinks and healthy beverages is raising consumers' preferences towards yogurt and probiotic drinks. Rising consumer desires for vitamins, zinc, and beneficial nutrients are increasing the adoption of yogurt and probiotic drinks in their daily meal in the country.
Key companies are seeking consumers' desires for their daily protein and nutrients and offering them high-nutrient beverages to expand the United States yogurt and probiotic drinks market. On the other hand, rising fitness freak consumers and changing preferences towards healthy and sustainable drinks are increasing the demand for yogurt and probiotic drink.
During the forecast period, China is anticipated to secure a CAGR of 7% in the global market. The vast infrastructure, demand for healthy beverages, and growing population are raising the demand for yogurt and probiotic drink to maintain a healthy lifestyle. These consumers are improving their immune guts with the adoption of proper vitamins and the adoption of yogurt, and probiotic drinks.
People are maintaining their physics improving heart health, and stomach issues are surging the demand for yogurt and probiotic drinks. Increasing demand for vegan and sustainable beverages is raising the adoption of yogurt and probiotic drinks. Key players adopt various tactics and innovations to attract consumers' requirements.
Germany is anticipated to capture a CAGR of 7.6% in the global market during the forecast period. The rising demand for innovative products and eco-friendly substitutes is increasing the adoption of yogurt and probiotic drinks in Germany. Consumers are attracted to healthy foods, and better nutrient drinks are surging the adoption of yogurt and probiotic drinks in the country. Increasing consumer demand for flavored drinks and eco-friendly packaging solutions drive the yogurt and probiotic drinks market.
The United Kingdom is estimated to capture a CAGR of 8.9% in the global market during the forecast period. The rising adoption of healthy and probiotic meals is increasing the demand for yogurt and probiotic drink in the country. Fitness consumers are maintaining their health with better supplement products and energy drinks fueling the United Kingdom yogurt and probiotic drinks market.
Rising consumer desires for dairy products, rich nutrients, and proper healthcare are capturing the demand for yogurt and probiotic drink in the United Kingdom. Increasing yoga activities, gyms, and other fitness institutions are surging the need for healthy alternatives, raising the adoption of yogurt and probiotic drinks.
During the forecast period, India is anticipated to secure a CAGR of 9.4% in the global market. Rising numbers of sports players, increasing fitness institutions, and consumers' desire for healthy drinks are surging India's yogurt and probiotic drink market. The increasing non-alcoholic population and enhanced children's nutrients capture India's demand for yogurt and probiotic drink.
India is rich in dairy farms, and animal husbandry exports dairy products in vast quantities, driving market growth. Key players add natural and sustainable ingredients to buttermilk to enhance its taste and attract consumers' desires. Consumers are accepting these drinks for their stomach-related problems, such as constipation and aches, which are advancing the market reach in the country.
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| Top Category | Share |
|---|---|
| Yogurt Drink | 73.50% |
| Dairy Based | 83.60% |
Based on product type, yogurt drink is likely to dominate the global growth of yogurt and probiotic drink market with a share of 73.50% during the forecast period. Consumers prefer healthier drink options without toxicity, and artificial sweeteners are raising the demand for yogurt drinks. Innovations in yogurt drinks and the addition of various ingredients and natural flavors attract consumers' attention to yogurt drinks.
Increasing dairy shops, animal husbandry, and preferring taste and habits are raising the demand for yogurt drinks. The increasingly vast population is shifting their choices to homemade and natural beverages, increasing the adoption of yogurt milk in different countries. Companies are distributing fresh, high-quality yogurt milk at consumers' doorstep with sustainable packaging solutions.
Based on the source, dairy-based is likely to secure a maximum share of 83.60% in the global market during the forecast period. Rising consumer demand for plant-based and lactose-free drinks prefers dairy-based sources for a healthy diet. This source is rich in nutritional profile, and its smooth texture enhances the digestive system, capturing consumers' desires.
With increasing environmental concerns, consumers prefer plant-based alternatives, adding products like almonds and oats. Key companies are developing essential products for lactose intolerance consumers, and adding vegan items is a surging market size.
The global market is highly fragmented among essential players that capture a vast share by investing in research and development activities. These players carry out new ideas to develop improved and unique products as customers desire. These players are breaking sales volume by catching products and services by adopting strategic methodologies.
Recent Developments in the Yogurt and Probiotic Drink Market
| Attribute | Details |
|---|---|
| Forecast Period | 2019 to 2023 |
| Historical Data Available for | 2024 to 2034 |
| Market Analysis | USD billion for Value |
| Key Regions Covered | North America; Latin America; Europe; South Asia; East Asia; Oceania; and Middle East & Africa |
| Key Countries Covered | United States, Canada, Brazil, Mexico, Argentina, United Kingdom, Germany, Italy, Russia, Spain, France, BENELUX, India, Thailand, Indonesia, Malaysia, Japan, China, South Korea, Australia, New Zealand, Turkey, South Africa and North Africa |
| Key Market Segments Covered | Product Type, Source and Region |
| Key Companies Profiled | Danone; Yakult Honsha Co. Ltd; Grupo Lala; Chobani, LLC; Califia Farms; Harmless; Lifeway Foods, Inc; KeVita; Bio-K+ |
| Pricing | Available upon Request |
The global yogurt and probiotic drink market is worth USD 197,014.2 million in 2024.
Rising consumers demand for high-quality and lactose-free drinks increase the adoption of yogurt and probiotic drink.
The United States, Russia, China, India and Russia are expected to drive demand for the global market.
The yogurt and probiotic drink market is expected to reach sales revenue to register 7.6% CAGR.
Demand for yogurt and probiotic drink in Germany is expected to register a growth of 7.6% over the next ten years.
The United States, India and China are the key producers of yogurt and probiotic drink.
The United States account a CAGR of 6.3% in yogurt and probiotic drink market in the year 2024.
From 2019 to 2023, the market for yogurt and probiotic drink expanded at the rate of 8%.
China accounts a CAGR of 7% in the global market during the forecast period.
1. Executive Summary 2. Market Overview 3. Market Background 4. Global Market Analysis 2019 to 2023 and Forecast, 2024 to 2034 5. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Product 5.1. Regular Yogurt 5.2. Greek Yogurt 5.3. Drinkable Yogurt 5.4. Probiotic Drinks 6. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Flavor 6.1. Fruit 6.2. Vanilla 6.3. Chocolate 6.4. Plain 6.5. Others 7. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Distribution Channel 7.1. Supermarkets and Hypermarkets 7.2. Convenience Stores 7.3. Online Retail 7.4. Others 8. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Region 8.1. North America 8.2. Latin America 8.3. Western Europe 8.4. Eastern Europe 8.5. South Asia and Pacific 8.6. East Asia 8.7. Middle East and Africa 9. North America Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country 10. Latin America Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country 11. Western Europe Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country 12. Eastern Europe Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country 13. South Asia and Pacific Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country 14. East Asia Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country 15. Middle East and Africa Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country 16. Key Countries Market Analysis 17. Market Structure Analysis 18. Competition Analysis 18.1. Danone S.A. 18.2. Nestle S.A. 18.3. Yakult Honsha Co., Ltd. 18.4. General Mills Inc. 18.5. Chobani LLC 18.6. Fage International S.A. 18.7. Muller Group 18.8. Arla Foods amba 18.9. Lactalis Group 18.10. The Coca-Cola Company 18.11. PepsiCo Inc. 19. Assumptions & Acronyms Used 20. Research Methodology
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Yogurt And Probiotic Drink Market
