Probiotic Desserts Market to Register $1.4 Billion by 2031

Allied Market Research

The growing demand for healthy and functional food, the rise in awareness of the health benefits of probiotics, and the growth of e-commerce drive the global probiotic desserts market.

PORTLAND, Ore., March 23, 2023 /PRNewswire/ -- Allied Market Research published a report, titled, "Probiotic Desserts Market By Type (Dairy Based, Plant Based), By Application (Yogurt, Kefir, Ice Cream, Others), By Distribution Channel (Ecommerce, Specialty Store, Hypermarket and Supermarket, Others): Global Opportunity Analysis and Industry Forecast, 2021-2031" According to the report, the global probiotic desserts industry was valued at $680.7 million in 2021 and is estimated to generate $1.4 billion by 2031, witnessing a CAGR of 7.2% from 2022 to 2031. The report offers a detailed analysis of changing market trends, top segments, key investment pockets, value chain, regional landscape, and competitive scenario.

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Drivers, Restraints, and Opportunities

The growing demand for healthy and functional food, the rise in awareness of the health benefits of probiotics, and the growth of e-commerce drive the probiotic desserts market. However, the lack of standardization in the labeling and definition of probiotic products and high prices hinder the global market growth. On the other hand, inclination of consumers towards more natural and organic ingredients, as well as the introduction of functional ingredients will present new growth opportunities for the global probiotic desserts market in the coming years.

Covid-19 Scenario

• The impact of COVID-19 on the probiotic desserts market had been positive. This is owing to important role of probiotics in the immune system.
• The benefits of probiotics were promoted as an effective supplementary method for combating the virus. Yakult Honsha reported that year-on-year sales of Yakult branded probiotic products increased 11.5% in March and 10.3% in April 2020.
• In addition, during the Covid-19 pandemic, Probi and Danone SA saw an increase in the probiotic demand.

The yogurt segment to dominate the market during the forecast period