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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.
Market Analysis and Insights: Global Lactic Acid Drinks Market
Due to the COVID-19 pandemic, the global Lactic Acid Drinks market size is estimated to be worth US$ million in 2022 and is forecast to a readjusted size of US$ million by 2028 with a CAGR of % during the review period. Fully considering the economic change by this health crisis, Traditional Lactic Acid Drinks accounting for % of the Lactic Acid Drinks global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While Hyper/Super Market segment is altered to an % CAGR throughout this forecast 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.
Global Lactic Acid Drinks Scope and Segment
Lactic Acid Drinks market is segmented by Type and by Application. Players, stakeholders, and other participants in the global Lactic Acid Drinks market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by Type and by Application for the period 2017-2028.
Segment by Type
Traditional Lactic Acid Drinks
Cultured Lactic Acid Drinks
Segment by Application
Hyper/Super Market
Retail Stores
Specialty Outlets
Online
Others
By Company
Asahi
Yakult Honsha
Group Danone
Corbion
Aoki Technical Laboratory
Lifeway Foods
Henan Jindan Lactic Acid Technology
Galactic
Musashino Chemical
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
Market Analysis and Insights: Global Lactic Acid Drinks Market
Due to the COVID-19 pandemic, the global Lactic Acid Drinks market size is estimated to be worth US$ million in 2022 and is forecast to a readjusted size of US$ million by 2028 with a CAGR of % during the review period. Fully considering the economic change by this health crisis, Traditional Lactic Acid Drinks accounting for % of the Lactic Acid Drinks global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While Hyper/Super Market segment is altered to an % CAGR throughout this forecast 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.
Global Lactic Acid Drinks Scope and Segment
Lactic Acid Drinks market is segmented by Type and by Application. Players, stakeholders, and other participants in the global Lactic Acid Drinks market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by Type and by Application for the period 2017-2028.
Segment by Type
Traditional Lactic Acid Drinks
Cultured Lactic Acid Drinks
Segment by Application
Hyper/Super Market
Retail Stores
Specialty Outlets
Online
Others
By Company
Asahi
Yakult Honsha
Group Danone
Corbion
Aoki Technical Laboratory
Lifeway Foods
Henan Jindan Lactic Acid Technology
Galactic
Musashino Chemical
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
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The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
