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Probiotics Market

Probiotics Market Size, Share and Segmentation by Product (Probiotic Food & Beverages, Probiotic Dietary Supplements), by Ingredient (Bacteria, Yeast), by End Use, by Distribution Channel, by Regions and Global Market Forecast 2022 - 2028

Report Id: SNS/F&B/1357 | May 2022 | Region: Global | 125 Pages

Probiotics Market Overview:

The Probiotics market size was esteemed at $36.9 billion in 2021 and is projected to reach $64.2 billion by 2028, enrolling a CAGR of 8.23%.

Probiotics are microscopic organisms and yeast that assist people and creatures with keeping a sound microbial equilibrium in their digestion tracts. Probiotics are microscopic organisms that advance the body's stomach-related juices and catalysts, guaranteeing proper absorption. Orally or as an enhancement, they can be utilized. Probiotics likewise safeguard great microscopic organisms from possibly hazardous microorganisms. Probiotics are at present being used to distinguish and treat mental issues and stomach-related and neurological problems. They additionally help the safe framework, shield proteins and lipids from oxidative harm, and kill diseases in the body.

Probiotics market Revenue Graph

The worldwide interest in probiotics is expanding fundamentally because of medical advantages related to probiotic-invigorated food varieties, the multifunctionality of probiotics, and the rising utilization of probiotics in food sources because of the rising purchaser mindfulness connected with solid weight control plans. The interest for probiotics in invigorated food sources is projected to stay high because of the rising mindfulness about their advantages, and the readiness of buyers to buy premium items integrated with probiotics.

Market Dynamics:

Driving Factor:

  • Rising wellbeing cognizance among customers.

Restraining factor:

  • High R&D costs for growing new probiotic strains.

Opportunities:

  • Expansion sought after for probiotics in created economies.

  • Purchaser consciousness of medical advantages related to the utilization of probiotic items is the central point.

Challenges:

  • The narrow-mindedness of probiotics to stomach corrosive and bile.

Impact of Covid-19:

Because of the COVID-19 pandemic, the market saw a flood popular for items that give invulnerability, which is probably going to decidedly affect the probiotics market. Attributable to such factors, critical item dispatches are happening to take care of the developing interest. In Asia-Pacific, India saw the biggest number of new foods, beverages, and enhancements that bear insusceptible framework helping claims sent off over the most recent five months, trailed by Australia and Indonesia. For example, in April 2020, Melaka Australia, the auxiliary of ASX-recorded Eve Investment, sent off another item, Melaka honey, and probiotic tonic. It is the first of its sort in the homegrown market, according to the organization's case.

Key Market Segmentation:

By Ingredient:

  • Bacteria

  • Yeast

By Function:

  • Regular

  • Preventative Healthcare

  • Therapeutic

By Application:

  • Food & Beverages

  • Dietary Supplements

  • Animal Feed

By End-Use:

  • Human Probiotics

  • Animal Probiotics

Probiotics market Segment Chart

Based on work, the probiotics market is divided into customary, precautionary medical services, and restorative medical services. According to the application, it is isolated into food and refreshment, dietary enhancement, and creature feed. According to the end client, it is bifurcated into human and creature. Locale-wise, the probiotics market is investigated across North America, Europe, Asia-Pacific, and LAMEA.

Regional Coverage:

  • North America

    • The USA

    • Canada

    • Mexico

  • Europe

    • Germany

    • The UK

    • France

    • Italy

    • Spain

    • The Netherlands

    • Rest of Europe

  • Asia-Pacific

    • Japan

    • south Korea

    • China

    • India

    • Australia

    • Rest of Asia-Pacific

  • The Middle East & Africa

    • Israel

    • UAE

    • South Africa

    • Rest of Middle East & Africa

  • Latin America

    • Brazil

    • Argentina

    • Rest of Latin America           

In 2020, Asia-Pacific is supposed to order the biggest portion of the general probiotics market. The enormous portion of this market is principally ascribed to the rising customer mindfulness about stomach-related wellbeing, developing diabetic and overweight populace, and rising advancements in probiotic plans. Likewise, the rising pattern across the Asia-Pacific district for non-dairy probiotic food (eat-based products of the soil juices) and the presence of vital participants are further supporting the development of this market in the area.

Key Players:

Probi AB, BioGaia AB, Nestlé S.A., Chr. Hasen Holding A/S, Danone S.A., Yakult Honsha Co., Ltd., Lallemand Inc., Lifeway Foods Inc., Dupont de Nemours, Inc., Kerry Group plc, Archer Daniels Midland Co.

Probiotics Market Report Scope:
Report Attributes Details
Market Size in 2021 US$ 36.9 Billion
Market Size by 2028 US$ 64.2 Billion
CAGR CAGR 8.23% From 2022 to 2028
Base Year 2021
Forecast Period 2022-2028
Historical Data 2017-2020
Report Scope & Coverage Market Size, Segments Analysis, Competitive  Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook
Key Segments • by Product (Probiotic Food & Beverages, Probiotic Dietary Supplements)
• by Ingredient (Bacteria, Yeast)
• by End Use
• by Distribution Channel
Regional Analysis/Coverage North America (USA, Canada, Mexico), Europe
(Germany, UK, France, Italy, Spain, Netherlands,
Rest of Europe), Asia-Pacific (Japan, South Korea,
China, India, Australia, Rest of Asia-Pacific), The
Middle East & Africa (Israel, UAE, South Africa,
Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America)
Company Profiles robi AB, BioGaia AB, Nestlé S.A., Chr. Hasen Holding A/S, Danone S.A., Yakult Honsha Co., Ltd., Lallemand Inc., Lifeway Foods Inc., Dupont de Nemours, Inc., Kerry Group plc, Archer Daniels Midland Co.
Key Drivers •Rising wellbeing cognizance among customers.
Restraints •High R&D costs for growing new probiotic strains.


Frequently Asked Questions (FAQ) :

 Ans: Asia has the biggest offer in the Probiotics market.

Ans: Probi AB, BioGaia AB, Nestlé S.A., Chr. Hasen Holding A/S, Danone S.A., Yakult Honsha Co., Ltd., Lallemand Inc., Lifeway Foods Inc., Dupont de Nemours, Inc., Kerry Group plc, Archer Daniels Midland Co. are the key players in the Probiotics market.

Ans: The base year calculated in the Probiotics Market report is 2021.

Ans: High R&D costs for growing new probiotic strains and the narrow-mindedness of probiotics to stomach corrosive and bile are the restrains/challenges faced by the Pine-Derived Chemicals market.

Ans: The worldwide probiotics market size was esteemed enrolling a CAGR of 8.23%.


Table of Contents

 

1. Introduction

1.1 Market Definition

1.2 Scope

1.3 Research Assumptions

 

2. Research Methodology

 

3. Market Dynamics

3.1 Drivers

3.2 Restraints

3.3 Opportunities

3.4 Challenges

 

4. Impact Analysis

4.1 COVID 19 Impact Analysis

4.2 Impact of Ukraine-Russia War

 

5. Value Chain Analysis

 

6. Porter’s 5 forces model

 

7. PEST Analysis

 

8. Probiotics Market Segmentation, based on Ingredient

8.1 Bacteria

8.1 Yeast

 

9. Probiotics Market Segmentation, based on Function

9.1 Regular

9.2 Preventative Healthcare

9.3 Therapeutic

 

10. Probiotics Market Segmentation based on Application

10.1 Food & Beverages

10.2 Dietary Supplements

10.3 Animal Feed

 

11. Probiotics Market Segmentation, based on End Use

11.1 Human Probiotics

11.2 Animal Probiotics

 

12. Regional Analysis

12.1 Introduction

12.2 North America

12.2.1 USA

12.2.2 Canada

12.2.3 Mexico

12.3 Europe

12.3.1 Germany

12.3.2 UK

12.3.3 France

12.3.4 Italy

12.3.5 Spain

12.3.6  The Netherlands

12.3.7  Rest of Europe

12.4 Asia-Pacific

12.4.1  Japan

12.4.2  South Korea

12.4.3  China

12.4.4  India

12.4.5  Australia

12.4.6  Rest of Asia-Pacific

12.5 The Middle East & Africa

12.5.1  Israel

12.5.2  UAE

12.5.3  South Africa

12.5.4  Rest

12.6 Latin America

12.6.1  Brazil

12.6.2  Argentina

12.6.3  Rest of Latin America

 

13. Company Profiles

13.1 Probi AB

13.1.1 Financial

13.1.2 Products/ Services Offered

13.1.3 SWOT Analysis

13.1.4 The SNS view

13.2 BioGaia AB

13.3 Nestlé S.A.

13.4 Chr. Hasen Holding A/S

13.5 Danone S.A.

13.6 Yakult Honsha Co. Ltd.

13.7 Lallemand Inc.

13.8 Lifeway Foods Inc.

13.8 Dupont de Nemours Inc.

13.10 Kerry Group plc

13.11 Archer Daniels Midland Co.

 

14. Competitive Landscape

14.1 Competitive Benchmarking

14.2 Market Share analysis

14.3 Recent Developments

 

15. Conclusion

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Secondary Research

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