Europe Probiotic Drink Market Size & Outlook, 2019-2027

The probiotic drink market in Europe is expected to reach a projected revenue of US$ 5,487.3 million by 2027. A compound annual growth rate of 5.6% is expected of Europe probiotic drink market from 2020 to 2027.
Revenue, 2019 (US$M)
$3,544.6
Forecast, 2027 (US$M)
$5,487.3
CAGR, 2020 - 2027
5.6%
Report Coverage
Europe

Europe probiotic drink market highlights

  • The Europe probiotic drink market generated a revenue of USD 3,544.6 million in 2019.
  • The market is expected to grow at a CAGR of 5.6% from 2020 to 2027.
  • In terms of segment, dairy-based was the largest revenue generating product in 2019.
  • Plant-based is the most lucrative product segment registering the fastest growth during the forecast period.
  • Country-wise, UK is expected to register the highest CAGR from 2020 to 2027.

Europe data book summary

Market revenue in 2019USD 3,544.6 million
Market revenue in 2027USD 5,487.3 million
Growth rate5.6% (CAGR from 2019 to 2027)
Largest segmentDairy-based
Fastest growing segmentPlant-based
Historical data covered2016 - 2018
Base year for estimation2019
Forecast period covered2020 - 2027
Quantitative unitsRevenue in USD million
Market segmentationDairy-based, Plant-based
Key market players worldwideYakult Honsha Co Ltd, Danone SA, PepsiCo Inc, Harmless Harvest, Nestle SA, Lifeway Foods Inc, AMUL, NextFoods, Bio-K+ International, Fonterra Co-operative Group, Chobani

Other key industry trends

  • In terms of revenue, Europe region accounted for 26.0% of the global probiotic drink market in 2019.
  • Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2027.
  • Latin America is the fastest growing regional market and is projected to reach USD 761.6 million by 2027.

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Probiotic Drink Market Scope

Probiotic drink market segmentation & scope

Probiotic Drink Market Companies

Name Profile # Employees HQ Website

Europe probiotic drink market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to probiotic drink market will help companies and investors design strategic landscapes.


Dairy-based was the largest segment with a revenue share of 58.57% in 2019. Horizon Databook has segmented the Europe probiotic drink market based on dairy-based, plant-based covering the revenue growth of each sub-segment from 2016 to 2027.


  • Europe Probiotic Drink Product Outlook (Revenue, USD Million, 2016-2027)
    • Dairy-based
    • Plant-based
  • Europe Probiotic Drink Distribution Channel Outlook (Revenue, USD Million, 2016-2027)
    • Offline
    • Online

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Target buyers of Europe probiotic drink market databook

  • Our clientele includes a mix of probiotic drink market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe probiotic drink market , including forecasts for subscribers. This continent databook contains high-level insights into Europe probiotic drink market from 2016 to 2027, including revenue numbers, major trends, and company profiles.

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Europe probiotic drink market size, by country, 2016-2027 (US$M)

Europe Probiotic Drink Market Outlook Share, 2019 & 2027 (US$M)

Europe probiotic drink market size, by country, 2016-2027 (US$M)

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