The global yogurt drink market size is expected to reach USD 85.28 billion by 2030, according to a new study by Polaris Market Research. The report “Yogurt Drink Market Share, Size, Trends, Industry Analysis Report, By Product (Vegan, Conventional); Packaging Type; By Distribution Channel (Hypermarket & Supermarket, Convenience Store, E-commerce Portal, Others), By Region; Segment Forecast, 2022 - 2030” gives a detailed insight into current market dynamics and provides analysis on future market growth.
Key factors such as population growth, increasing milk production, rise in demand for healthy drinks and snacks, changing eating habits, consumer awareness, development of new flavors, and addition of nutritional supplements to beverages are anticipated to drive the revenue growth of the global industry.
Over the last three decades, global milk production has rapidly increased. The high percentage of milk production ensures the production of drinks at a large scale. Since the outbreak of COVID, people have been trying to improve their body strength and immunity by consuming healthy food & beverages. Hence the consumption of yogurt beverages is anticipated to rise post COVID period.
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Most of the population has started consuming probiotic-rich beverages to develop a healthy body. As per the report published by MDPI (Multidisciplinary Digital Publishing Institute) in February 2022, more than 65% of consumers prefer beverages due to their nutritional values. Also, most people try to consume healthy beverages and snacks to keep their bodies healthy.
These factors are anticipated to augment the revenue growth of the global industry. Several companies have started adding additional nutrients to yogurt beverages to strengthen the immune system. For instance, in March 2022, Activia launched Activia+ Multi-Benefit Probiotic Yogurt beverages. This drink contains billions of active and live probiotics that improve gut health and the immune system.
Yogurt Drink Market Report Highlights
Polaris market research has segmented the yogurt drink market report based on product, packaging type, distribution channel and geographic region:
Yogurt Drink, Product Type Outlook (Revenue - USD Billion, 2018 - 2030)
Yogurt Drink, Packaging Type Outlook (Revenue - USD Billion, 2018 - 2030)
Yogurt Drink, Distribution Channel Outlook (Revenue - USD Billion, 2018 - 2030)
Yogurt Drink, Regional Outlook (Revenue - USD Billion, 2018 - 2030)