Probiotic Soda Market Projected to Achieve Significant CAGR of 7.1% by 2031: DataM Intelligence

India, 5th Aug 2024 - The global Probiotic Soda Market reached USD 242.1 million in 2023 and is projected to grow to USD 422.4 million by 2031, at a CAGR of 7.1% from 2024 to 2031. 

This market is witnessing significant growth driven by rising health consciousness and the increasing popularity of gut-friendly products. Probiotic sodas offer a tasty, refreshing way for consumers to add healthy probiotics to their diets, improving digestive health. The market is expanding with a variety of options, including dairy-based and plant-based variations, appealing to health-conscious consumers seeking functional and nutritious beverages.

Key Industry Insights & Findings from the Report:

• Based on type, the payments segment led the market in 2023, so its widespread use for efficient and cost-effective transactions, this trend underscores the growing preference for advanced financial solutions in the Probiotic Soda Market. It reflects a rising demand for streamlined and accessible payment options.
   
• Based on Packaging type, the service segment is projected to experience the fastest growth with a high CAGR of 7.1% from 2024 to 2031.
   
• Additionally, the growing trend in regions such as North America, South America, and Europe is anticipated to drive significant growth in the regional market.

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Probiotic Soda Market Trends

The probiotic soda market is experiencing a surge in demand for innovative and exotic flavors, catering to adventurous consumers. A notable development is the launch of Sorta Pop Probiotic Soda by Blake's Hard Cider, marking its entry into the non-alcoholic beverage space. Additionally, the popularity of prebiotic sodas is rising, as they support gut health and provide a convenient source of dietary fiber, appealing to the majority of American adults who do not meet the recommended fiber intake. The trend towards health-conscious living is driving the continuous introduction of new, low-sugar probiotic soda options.

Segment Analysis based on Types, Flavours and Distributors

The probiotic soda market is segmented by type, packaging, flavors, form, distribution channel, and region. Dairy-based probiotic sodas dominate the market, holding approximately 70% of the market share

By Type: 

• Dairy-Based Probiotic Soda
• Plant-Based Probiotic Soda

By Packaging: 

• Bottles
• Tetra Packs
• Cans
• By Flavors: 
• Fruit
• Cola
• Others

By Form: 

• Liquid
• Powder
• By Distribution Channel: 
• Supermarkets/Hypermarkets
• Retail sales
• Online sales
• Others

Regional Analysis

North America holds a leading position in the probiotic soda market, accounting for 26% of the market share. The demand for gut-friendly, digestive health drinks is driving the market in this region. Companies in North America are responding to the trend by introducing a wide range of low-sugar probiotic soda options to cater to health-conscious consumers. The region's commitment to developing tasty and nutritious probiotic soda choices has solidified its dominance in this rapidly growing market.

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Craft Soda Market - The global Craft Soda Market reached USD 683.2 million in 2023 and is projected to grow to USD 1,024.8 million by 2031, with an anticipated CAGR of 5.2% during the forecast period from 2024 to 2031

Probiotics Market -  The global Probiotics Market achieved a valuation of USD 62.4 billion in 2023 and is projected to reach USD 108.0 billion by 2031, growing at a CAGR of 7.1% during the forecast period from 2024 to 2031.

Probiotic Tea Market -  The global Probiotic Tea Market was valued at USD 700.1 million in 2023 and is anticipated to grow to USD 1,239.2 million by 2031, with a CAGR of 8.5% during the forecast period from 2024 to 2031.

Visit DataM intelligence market insights Probiotic Soda Market Full Report. to find detailed information and analysis.

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Probiotic Soda Market Projected to Achieve Significant CAGR of 7.1% by 2031: DataM Intelligence

 

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