Europe Probiotic Drinks Market Research Report - Segmented Based on Type, Distribution Channel, and Country (UK, France, Spain, Germany, Italy, Russia, Sweden, Denmark, Switzerland, Netherlands, Turkey, Czech Republic and Rest of Europe) - Industry Analysis on Size, Share, Trends, COVID-19 Impact & Growth Forecast (2024 to 2029)

Updated On: June, 2024
ID: 13516
Pages: 130

Europe Probiotic Drinks Market Size (2024 to 2029)

As per our analysis report, the Europe Probiotic Drinks Market is expected to reach USD 63.91 billion by 2029 from USD 40.23 billion in 2024, growing at a compound annual growth rate (CAGR) of 9.7% during the forecast period.

MARKET OVERVIEW

The growing emphasis on natural products leading a healthy lifestyle propels the probiotics market.

Probiotics are bacteria and yeast that aid in maintaining a good microbial balance in the human body's digestive system by producing juices and enzymes required for digestion. Lactobacillus, bacillus, and saccharomyces are the most commonly used probiotic strains. They aid in immunity building and infection elimination. Consumers' awareness of leading a healthy lifestyle has grown recently, and they prefer to incorporate dietary supplements. They have been consuming more probiotic-fortified foods and beverages to ensure good gut health. Certain enzymes are required in our digestive system to break down food properly. They also contribute to good guy health. They aid in treating chronic gut issues such as constipation, bloating, diarrhea, and indigestion. Europeans live a fast-paced lifestyle and are prone to significant health issues such as diabetes and gastrointestinal problems. They want proper nutrition and balance in their diet.

MARKET GROWTH

Lacto-fermented beverages are becoming increasingly popular in many parts of the world. There is a growing demand for both convenient and convenient beverages that meet consumers' health needs.

Europe's consumption of ready-to-eat meals and on-the-go consumption products is also expected to drive this market's growth. Manufacturers are attempting to introduce a wide range of products and services in this segment, including various bacteria stains, flavors, and packaging. Because of their distinct flavor and numerous health benefits, Kombucha and kefir are among the most popular beverages in European countries. The plant-based products segment is also expanding rapidly in European countries. The demand for plant-based and probiotic foods and juices is constantly rising. There is an increasing number of lactose-intolerant people and an increased awareness of the importance of consuming cruelty-free products, which has helped boost this segment. During the forecast period, the probiotics drink market is expected to grow steadily.

MARKET DRIVERS AND RESTRAINTS

In recent years, there has been a tremendous increase in awareness about living a healthy lifestyle and focusing on nutrition.

People have less time to focus on their health because of their jobs and busy schedules as industrialization and urbanization keep increasing. Obesity, gastrointestinal issues, heart problems, and other diseases are rising. As a result, people are paying more attention to their health and eating more healthy and organic foods. They are concentrating on their diet and attempting to maintain a healthy lifestyle. They prefer health-related supplements. Probiotics are an essential dietary supplement that assists in the management of many gut and digestive issues. As a result, the demand for probiotic supplements has increased because they help an individual's overall well-being. Manufacturers in the food and beverage industry also focus on adding healthy dietary additives to their product offerings in the form of vitamins, minerals, fiber, and probiotics to attract more consumers. Functional ingredients assist in targeting health-conscious consumers and increasing market demand. Yogurt is widely consumed in a variety of forms throughout Europe, and probiotics are frequently used in yogurt to improve its function. They also benefit the development of immunity, so the demand for probiotic-containing foods and beverages has grown. However, the lack of a proper regulatory framework for regulating the probiotic industry and the probiotics market in European countries obstruct market growth. There is no consensus on the number of probiotic bacteria required to make a drink adequate for consumption. The government must establish a proper framework and standards to regulate these probiotic drinks and ensure that manufacturers produce beneficial products. These constraints in the legislative and technological environments may impact market growth during the forecast period.

This research report on the Europe Probiotic Drinks market has been segmented and sub-segmented into the following categories.

Europe Probiotic Drinks Market By Type

  • Drinkable YogurtKefir
  • Kombucha 
  • Others 

The market is divided into Kombucha, Kefir, Drinkable Yogurt, and Probiotics drinks. Kombucha has grown in popularity and has the largest market share in the European region due to its distinct taste and flavor, encouraging consumers to switch from carbonated drinks to Kombucha. Consumers' interest in fermented drinks is growing, as is their awareness of the importance of leading a healthy lifestyle, which is expected to drive the growth of this segment in the Probiotics drink market over the forecast period.

Europe Probiotic Drinks Market By Distribution Channel

  • Supermarkets/ Hypermarkets
  • Convenience Stores
  • Pharmacies/ Health stores
  • Online stores 

Probiotic drinks are sold through various channels, but supermarkets and hypermarkets dominate the market due to their ample retail space and a wide variety of options. They constantly expand into all regions and contribute significantly to the regional Probiotics market. These markets frequently have a variety of brands available in one location, allowing consumers to compare and make an educated purchase decision.

Europe Probiotic Drinks Market By Country

  • Germany
  • UK
  • France
  • Spain
  • Italy
  • Russia
  • Rest of Europe 

Europe has the largest market share in the probiotic beverage market. Germany Probiotic Drinks Market and the United Kingdom Probiotic Drinks Market have been experiencing high demand for these probiotic drinks in the European region, and they are very appealing to drive the market's future growth.

These regions have the most diabetic people and a growing concern about health issues, managing lifestyle, and eating a balanced diet. Consumers prefer dietary supplements and other beneficial foods and beverages to meet their nutritional needs. Many key industry players have a presence in the region, which is helping to boost the market in this region. The government has also been focusing on various initiatives to ensure the consumption of healthy food and beverages across the population by releasing data on the current state of the country's high prevalence of sick guts. These factors are expected to assist these regions in directing market growth over the forecast period.

KEY MARKET PLAYERS

Yakult Honsha Co. Ltd, PepsiCo Inc., Lifeway Foods, Danone SA., Bio-K Plus International Inc., GT'S Living Foods, Nourish Kefir, Yeo Valley Group Limited, ADM, Novozymes A/S, AngelYeast Co. Ltd, Probiotic SPA are some of the notable companies in the Europe Probiotic Drinks market.

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Frequently Asked Questions

Mention some key players in the Europe Probiotic Drinks Market?

The major key players are: Yakult, Pepsico inc., Lifeway foods, Danone, Bio-K Plus International Inc, Nourish kefir, ADM, and Yeo Valley Group Limited. 

What is the Growth Rate for the Europe Probiotic Drinks Market?

The Europe Probiotic Drinks Market is expected to grow at a CAGR of 5.70% from 2022 to 2027.

Mention any of the Europe Probiotic Drinks Market Primary Drivers?

Europe's Probitoc Drinks Market is primarily driven by increasing demand for organic Health Products, increasing functional food and Beverage consumption, rising disposable income levels, and shifting consumption patterns from raw food to convenience foods. 

Which End-User Industry segment holds the largest market share?

The Nutrition and supplements sector in the End-User Industry segment is leading with a substantial market share.

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