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Lactic Acid Drinks-Global Market Insights and Sales Trends 2024
Synopsis
Lactic acid drinks are derived from yogurt that is processed into beverages by adding sugar, stabilizer, flavors and colours. Lactic acid drinks consists of lactic acid bacteria which is also known as good bacteria. Presence of lactic acid bacteria in human intestines improves digestion, synthesizes vitamins, strengthen immunity cells and avoids infection.
The global Lactic Acid Drinks market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Lactic Acid Drinks in various end use industries. The expanding demands from the Hyper/Super Market, Retail Stores, Specialty Outlets and Online, are propelling Lactic Acid Drinks market. Traditional Lactic Acid Drinks, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Cultured Lactic Acid Drinks segment is estimated at % CAGR for the next seven-year period.
The major factors driving the market for lactic acid drinks across the globe include growing number of end-use applications in the beverage industry, and favorable regulatory scenario for environment friendly products among others. Changing consumer diet preferences coupled with rising awareness regarding the benefits of lactic acid bacteria and lactic acid drinks is expected to fuel the growth of the global lactic acid drinks market during the forecast period.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Lactic Acid Drinks, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Lactic Acid Drinks market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Lactic Acid Drinks market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Lactic Acid Drinks sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Lactic Acid Drinks covered in this report include Asahi, Yakult Honsha, Group Danone, Corbion, Aoki Technical Laboratory, Lifeway Foods, Henan Jindan Lactic Acid Technology, Galactic and Musashino Chemical, etc.
The global Lactic Acid Drinks market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Asahi
Yakult Honsha
Group Danone
Corbion
Aoki Technical Laboratory
Lifeway Foods
Henan Jindan Lactic Acid Technology
Galactic
Musashino Chemical
Global Lactic Acid Drinks market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Lactic Acid Drinks market, Segment by Type:
Traditional Lactic Acid Drinks
Cultured Lactic Acid Drinks
Global Lactic Acid Drinks market, by Application
Hyper/Super Market
Retail Stores
Specialty Outlets
Online
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Lactic Acid Drinks manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Lactic Acid Drinks in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Lactic acid drinks are derived from yogurt that is processed into beverages by adding sugar, stabilizer, flavors and colours. Lactic acid drinks consists of lactic acid bacteria which is also known as good bacteria. Presence of lactic acid bacteria in human intestines improves digestion, synthesizes vitamins, strengthen immunity cells and avoids infection.
The global Lactic Acid Drinks market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Lactic Acid Drinks in various end use industries. The expanding demands from the Hyper/Super Market, Retail Stores, Specialty Outlets and Online, are propelling Lactic Acid Drinks market. Traditional Lactic Acid Drinks, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Cultured Lactic Acid Drinks segment is estimated at % CAGR for the next seven-year period.
The major factors driving the market for lactic acid drinks across the globe include growing number of end-use applications in the beverage industry, and favorable regulatory scenario for environment friendly products among others. Changing consumer diet preferences coupled with rising awareness regarding the benefits of lactic acid bacteria and lactic acid drinks is expected to fuel the growth of the global lactic acid drinks market during the forecast period.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Lactic Acid Drinks, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Lactic Acid Drinks market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Lactic Acid Drinks market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Lactic Acid Drinks sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Lactic Acid Drinks covered in this report include Asahi, Yakult Honsha, Group Danone, Corbion, Aoki Technical Laboratory, Lifeway Foods, Henan Jindan Lactic Acid Technology, Galactic and Musashino Chemical, etc.
The global Lactic Acid Drinks market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Asahi
Yakult Honsha
Group Danone
Corbion
Aoki Technical Laboratory
Lifeway Foods
Henan Jindan Lactic Acid Technology
Galactic
Musashino Chemical
Global Lactic Acid Drinks market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Lactic Acid Drinks market, Segment by Type:
Traditional Lactic Acid Drinks
Cultured Lactic Acid Drinks
Global Lactic Acid Drinks market, by Application
Hyper/Super Market
Retail Stores
Specialty Outlets
Online
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Lactic Acid Drinks manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Lactic Acid Drinks in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Lactic Acid Drinks Market Overview
1.1 Lactic Acid Drinks Product Overview
1.2 Lactic Acid Drinks Market Segment by Type
1.2.1 Traditional Lactic Acid Drinks
1.2.2 Cultured Lactic Acid Drinks
1.3 Global Lactic Acid Drinks Market Size by Type
1.3.1 Global Lactic Acid Drinks Market Size Overview by Type (2018-2029)
1.3.2 Global Lactic Acid Drinks Historic Market Size Review by Type (2018-2023)
1.3.3 Global Lactic Acid Drinks Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Lactic Acid Drinks Sales Breakdown by Type (2018-2023)
1.4.2 Europe Lactic Acid Drinks Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Lactic Acid Drinks Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Lactic Acid Drinks Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Lactic Acid Drinks Sales Breakdown by Type (2018-2023)
2 Global Lactic Acid Drinks Market Competition by Company
2.1 Global Top Players by Lactic Acid Drinks Sales (2018-2023)
2.2 Global Top Players by Lactic Acid Drinks Revenue (2018-2023)
2.3 Global Top Players by Lactic Acid Drinks Price (2018-2023)
2.4 Global Top Manufacturers Lactic Acid Drinks Manufacturing Base Distribution, Sales Area, Product Type
2.5 Lactic Acid Drinks Market Competitive Situation and Trends
2.5.1 Lactic Acid Drinks Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Lactic Acid Drinks Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Lactic Acid Drinks as of 2022)
2.7 Date of Key Manufacturers Enter into Lactic Acid Drinks Market
2.8 Key Manufacturers Lactic Acid Drinks Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Lactic Acid Drinks Status and Outlook by Region
3.1 Global Lactic Acid Drinks Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Lactic Acid Drinks Historic Market Size by Region
3.2.1 Global Lactic Acid Drinks Sales in Volume by Region (2018-2023)
3.2.2 Global Lactic Acid Drinks Sales in Value by Region (2018-2023)
3.2.3 Global Lactic Acid Drinks Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Lactic Acid Drinks Forecasted Market Size by Region
3.3.1 Global Lactic Acid Drinks Sales in Volume by Region (2024-2029)
3.3.2 Global Lactic Acid Drinks Sales in Value by Region (2024-2029)
3.3.3 Global Lactic Acid Drinks Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Lactic Acid Drinks by Application
4.1 Lactic Acid Drinks Market Segment by Application
4.1.1 Hyper/Super Market
4.1.2 Retail Stores
4.1.3 Specialty Outlets
4.1.4 Online
4.1.5 Others
4.2 Global Lactic Acid Drinks Market Size by Application
4.2.1 Global Lactic Acid Drinks Market Size Overview by Application (2018-2029)
4.2.2 Global Lactic Acid Drinks Historic Market Size Review by Application (2018-2023)
4.2.3 Global Lactic Acid Drinks Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Lactic Acid Drinks Sales Breakdown by Application (2018-2023)
4.3.2 Europe Lactic Acid Drinks Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Lactic Acid Drinks Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Lactic Acid Drinks Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Lactic Acid Drinks Sales Breakdown by Application (2018-2023)
5 North America Lactic Acid Drinks by Country
5.1 North America Lactic Acid Drinks Historic Market Size by Country
5.1.1 North America Lactic Acid Drinks Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Lactic Acid Drinks Sales in Volume by Country (2018-2023)
5.1.3 North America Lactic Acid Drinks Sales in Value by Country (2018-2023)
5.2 North America Lactic Acid Drinks Forecasted Market Size by Country
5.2.1 North America Lactic Acid Drinks Sales in Volume by Country (2024-2029)
5.2.2 North America Lactic Acid Drinks Sales in Value by Country (2024-2029)
6 Europe Lactic Acid Drinks by Country
6.1 Europe Lactic Acid Drinks Historic Market Size by Country
6.1.1 Europe Lactic Acid Drinks Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Lactic Acid Drinks Sales in Volume by Country (2018-2023)
6.1.3 Europe Lactic Acid Drinks Sales in Value by Country (2018-2023)
6.2 Europe Lactic Acid Drinks Forecasted Market Size by Country
6.2.1 Europe Lactic Acid Drinks Sales in Volume by Country (2024-2029)
6.2.2 Europe Lactic Acid Drinks Sales in Value by Country (2024-2029)
7 Asia-Pacific Lactic Acid Drinks by Region
7.1 Asia-Pacific Lactic Acid Drinks Historic Market Size by Region
7.1.1 Asia-Pacific Lactic Acid Drinks Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Lactic Acid Drinks Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Lactic Acid Drinks Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Lactic Acid Drinks Forecasted Market Size by Region
7.2.1 Asia-Pacific Lactic Acid Drinks Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Lactic Acid Drinks Sales in Value by Region (2024-2029)
8 Latin America Lactic Acid Drinks by Country
8.1 Latin America Lactic Acid Drinks Historic Market Size by Country
8.1.1 Latin America Lactic Acid Drinks Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Lactic Acid Drinks Sales in Volume by Country (2018-2023)
8.1.3 Latin America Lactic Acid Drinks Sales in Value by Country (2018-2023)
8.2 Latin America Lactic Acid Drinks Forecasted Market Size by Country
8.2.1 Latin America Lactic Acid Drinks Sales in Volume by Country (2024-2029)
8.2.2 Latin America Lactic Acid Drinks Sales in Value by Country (2024-2029)
9 Middle East and Africa Lactic Acid Drinks by Country
9.1 Middle East and Africa Lactic Acid Drinks Historic Market Size by Country
9.1.1 Middle East and Africa Lactic Acid Drinks Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Lactic Acid Drinks Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Lactic Acid Drinks Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Lactic Acid Drinks Forecasted Market Size by Country
9.2.1 Middle East and Africa Lactic Acid Drinks Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Lactic Acid Drinks Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Asahi
10.1.1 Asahi Company Information
10.1.2 Asahi Introduction and Business Overview
10.1.3 Asahi Lactic Acid Drinks Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Asahi Lactic Acid Drinks Products Offered
10.1.5 Asahi Recent Development
10.2 Yakult Honsha
10.2.1 Yakult Honsha Company Information
10.2.2 Yakult Honsha Introduction and Business Overview
10.2.3 Yakult Honsha Lactic Acid Drinks Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Yakult Honsha Lactic Acid Drinks Products Offered
10.2.5 Yakult Honsha Recent Development
10.3 Group Danone
10.3.1 Group Danone Company Information
10.3.2 Group Danone Introduction and Business Overview
10.3.3 Group Danone Lactic Acid Drinks Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Group Danone Lactic Acid Drinks Products Offered
10.3.5 Group Danone Recent Development
10.4 Corbion
10.4.1 Corbion Company Information
10.4.2 Corbion Introduction and Business Overview
10.4.3 Corbion Lactic Acid Drinks Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Corbion Lactic Acid Drinks Products Offered
10.4.5 Corbion Recent Development
10.5 Aoki Technical Laboratory
10.5.1 Aoki Technical Laboratory Company Information
10.5.2 Aoki Technical Laboratory Introduction and Business Overview
10.5.3 Aoki Technical Laboratory Lactic Acid Drinks Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Aoki Technical Laboratory Lactic Acid Drinks Products Offered
10.5.5 Aoki Technical Laboratory Recent Development
10.6 Lifeway Foods
10.6.1 Lifeway Foods Company Information
10.6.2 Lifeway Foods Introduction and Business Overview
10.6.3 Lifeway Foods Lactic Acid Drinks Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Lifeway Foods Lactic Acid Drinks Products Offered
10.6.5 Lifeway Foods Recent Development
10.7 Henan Jindan Lactic Acid Technology
10.7.1 Henan Jindan Lactic Acid Technology Company Information
10.7.2 Henan Jindan Lactic Acid Technology Introduction and Business Overview
10.7.3 Henan Jindan Lactic Acid Technology Lactic Acid Drinks Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Henan Jindan Lactic Acid Technology Lactic Acid Drinks Products Offered
10.7.5 Henan Jindan Lactic Acid Technology Recent Development
10.8 Galactic
10.8.1 Galactic Company Information
10.8.2 Galactic Introduction and Business Overview
10.8.3 Galactic Lactic Acid Drinks Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Galactic Lactic Acid Drinks Products Offered
10.8.5 Galactic Recent Development
10.9 Musashino Chemical
10.9.1 Musashino Chemical Company Information
10.9.2 Musashino Chemical Introduction and Business Overview
10.9.3 Musashino Chemical Lactic Acid Drinks Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Musashino Chemical Lactic Acid Drinks Products Offered
10.9.5 Musashino Chemical Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Lactic Acid Drinks Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Lactic Acid Drinks Industrial Chain Analysis
11.4 Lactic Acid Drinks Market Dynamics
11.4.1 Lactic Acid Drinks Industry Trends
11.4.2 Lactic Acid Drinks Market Drivers
11.4.3 Lactic Acid Drinks Market Challenges
11.4.4 Lactic Acid Drinks Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Lactic Acid Drinks Distributors
12.3 Lactic Acid Drinks Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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