Global Probiotic Drinks Market to Witness Growth Through 2020
Technavio analysts forecast the global probiotic drinks market to grow at a CAGR of more than 7% during the forecast period, according to their latest report.
November 9, 2016
By Maisie Loh
The research study covers the present scenario and growth prospects of the global probiotics drinks market for 2016-2020. The report also presents the competitor landscape and brand offerings of key retailers. In addition, the report provides insights into the challenges faced by vendors and the market as a whole, along with an analysis of the key trends emerging in the market.
Technavio food and beverage analysts highlight the following four factors that are contributing to the growth of the global probiotic drinks market:
- Probiotic drinks for lactose-sensitive population
- Growing demand for probiotic drinks from older population
- Increasing awareness among consumers in developing countries
- Health benefits associated with probiotic drinks
Probiotic drinks for lactose-sensitive population