DUBLIN--(BUSINESS WIRE)--The "Global Probiotic and Prebiotic Yogurt Market - Growth, Trends and Forecasts (2018 - 2023)" report has been added to ResearchAndMarkets.com's offering.
The market is expected to grow at a CAGR of 6.5% during the period 2018-2023.
The increasing awareness of the health benefits of probiotic and prebiotic yogurt acts as a driver to the growth of this market. Regular consumption of probiotic and prebiotic prevents the growth of harmful bacteria inside the digestive tract, which leads to better nutrient absorption and bowel movement.
The yogurt drinks market is expected to record a CAGR of 7%, over the forecast period. Health benefits and the highly-digestive nature of these drinks over other normal drinks are boosting the yogurt drinks market. The demography of youngsters of the 25-35 age group account for the major consumption of yogurt drinks.
Asia-Pacific is the largest market for probiotic and prebiotic yoghurt drinks and is predicted to grow at the fastest rate over the forecast period. China, Japan and India are the largest markets for yogurt drinks, by consumption. The China probiotic and prebiotic yogurt market has generated USD 8.5 billion revenue in 2014.
In North America, the probiotic ingredient demand is projected to record a CAGR of 5.8% during the 2018-2023 period. United States holds the highest share, followed by Canada and Mexico. General Mills, Chobani Inc., Groupe Danone S.A., Parmalat, Social S.A., YoPlait and Ultima Foods Inc. are some major players in the North American market.
- La Yogurt
- Stonyfeild Farms
- Greek Gods
Key Topics Covered:
2. Research Approach and Methodology
3. Market Overview
4. Market Dynamics
5. Market Segmentation
6. Competitive Landscape
7. Company Profiles
For more information about this report visit https://www.researchandmarkets.com/research/jl3tr2/global_probiotic?w=4