Probiotic Drinks Market in India 2022-2027 | Top Companies Overview, Growth Report and Forecast
The latest research study “Probiotic Drinks Market in India: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027” by IMARC Group, finds that the India probiotic drinks market size reached a value of INR 778 Million in 2021. Looking forward, the market expected to reach INR 2,371 Million by 2027, exhibiting a CAGR of 21.00% during 2022-2027.
Probiotic drinks are functional beverages with specific microorganisms which help maintain gut health. Some commonly available probiotic drinks include yogurt drinks, dietary supplements, curd, and apple cider vinegar drinks. These drinks are produced by adding sugar, water, and fruit or herbal extracts to the probiotic culture of microbes and are processed through bio-fermentation. They help balance the stomach bacteria, which results in weight loss, improved digestive health, and a better immune response. In addition, they assist in preventing diarrhea, irritable bowel syndrome, and constipation, improving mental health conditions, keeping the heart healthy, and reducing the severity of allergies, eczema, and digestive disorders. Owing to these properties, probiotic drinks are widely consumed by individuals across India.
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India Probiotic Drinks Market Trends and Drivers:
The market is primarily driven by the increasing prevalence of various gastrointestinal ailments such as irritable bowel syndrome, constipation, and diarrhea. In addition, the growing geriatric population that is prone to chronic gastrointestinal disorders is contributing to market growth.
Moreover, the rising awareness among individuals regarding the associated benefits of probiotics in improving gut health and enhancing immunity is accelerating the product demand across India. Besides this, the shifting consumer preferences from a high-calorie diet toward functional food and beverages (F&B) represents another major growth-inducing factor.
Furthermore, the growing prominence of ready-to-eat product variants on account of hectic work schedules and the sedentary lifestyles of individuals is further escalating the demand for yogurt and probiotic curd. Apart from this, with the sudden outbreak of coronavirus (COVID-19) disease, consumers are widely adopting immunity boosters, dietary supplements, and fortified food products, which is also propelling market growth.
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India Probiotic Drinks Market 2022-2027 Analysis and Segmentation:
Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
India Probiotic Drinks Companies:
Gujarat Cooperative Milk Marketing Federation, Mother Dairy Fruits and Vegetables Pvt. Ltd. and Yakult (Danone India Pvt. Ltd.)
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The report has segmented the market on the basis of region, product type, flavor, packaging type and distribution channel.
Breakup by Product Type:
- Dairy-Based
- Plant-Based
Breakup by Flavor:
- Strawberry
- Vanilla
- Mango
- Others
Breakup by Packaging Type:
- Plastic Bottles
- Glass Bottles
- Others
Breakup by Distribution Channel:
- Convenience Stores
- Supermarkets and Hypermarkets
- Specialty Stores
- Online
- Others
Breakup by Region:
- North India
- West and Central India
- South India
- East India
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Key highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022- 2027)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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