India Probiotic Drinks Market to Reach INR 5,124.4 Million by 2032, Bolstered by Rising Health Consciousness

February 15, 2022 | Food & Beverages

The latest report by IMARC Group, titled “India Probiotic Drinks Market Report by Product Type (Dairy-Based, Plant-Based), Flavor (Strawberry, Vanilla, Mango, and Others), Packaging Type (Plastic Bottles, Glass Bottles, and Others), Distribution Channel (Convenience Stores, Supermarkets and Hypermarkets, Specialty Stores, Online, and Others), and Region 2024-2032,” finds that the India probiotic drinks market reached a value of INR 1,147.4 Million in 2023. Probiotic drinks are functional beverages that aid in maintaining a healthy balance of stomach bacteria. These drinks are produced through the process of bio-fermentation by mixing water, sugar, and herbal and fruit extracts with probiotic culture and yeast. They consist of specific microorganisms, which results in various health benefits such as improved digestive health and immune function, and weight loss. Probiotic drinks are also known to help people suffering from irritable bowel syndrome and diarrhea.

India Probiotic Drinks Market Trends:

The market is primarily driven by the increasing number of health-conscious individuals across India. Nowadays, consumers are shifting toward functional food and beverages to improve their health and immunity, thereby escalating the demand for probiotic drinks. Besides this, the rising instances of gastrointestinal disorders among the masses have necessitated the consumption of carbonated and probiotic drinks with high nutritional and low-calorie content. Moreover, with the outbreak of the coronavirus disease (COVID-19) pandemic, there has been an increase in the demand for immunity boosting and fortified supplements. As a result, manufacturers are introducing innovative product variants with exotic flavors. They are also developing dairy-, allergen-, lactose-, and sugar-free formulations, which are facilitating the market growth. For instance, Yakult Danone India has launched the latest variant on its signature probiotic drink, Yakult Light, which is replete with vitamin D and E and has low sugar content. Looking forward, the market value is expected to reach INR 5,124.4 Million by 2032, exhibiting a CAGR of 17.55% during the forecast period (2024-2032).

Market Summary:

Based on the product type, the market has been segmented into dairy-based and plant-based probiotic drinks.
On the basis of the flavor, the market has been classified into strawberry, vanilla, mango, and others.
The market has been categorized based on the packaging type into plastic, glass, and other bottles.
On the basis of the distribution channel, the market has been segregated into convenience stores, supermarkets and hypermarkets, specialty stores, online, and others.
Region-wise, the market has been divided into North India, West and Central India, South India, and East India.
The competitive landscape of the market has been examined, with some of the key players being Gujarat Cooperative Milk Marketing Federation, Mother Dairy Fruits and Vegetables Private Limited, and Yakult (Danone India Private Limited).

Report Scope:

Report Features	Details
Base Year of the Analysis	2023
Historical Period	2018-2023
Forecast Period	2024-2032
Units	INR Million, ‘000 Kg
Segment Coverage	Product Type, Flavor, Packaging Type, Distribution Channel, Region
Region Covered	North India, West and Central India, South India, East India
Companies Covered	Gujarat Cooperative Milk Marketing Federation, Mother Dairy Fruits and Vegetables Pvt. Ltd. and Yakult (Danone India Pvt. Ltd.)
Customization Scope	10% Free Customization
Report Price and Purchase Option	Single User License: US$ 2699 Five User License: US$ 3699 Corporate License: US$ 4699
Post-Sale Analyst Support	10-12 Weeks
Delivery Format	PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

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India Probiotic Drinks Market to Reach INR 5,124.4 Million by 2032, Bolstered by Rising Health Consciousness

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