India Probiotics Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

India Probiotics Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

The India probiotics market reached a value of INR 2.6 Billion in 2021. Looking forward, IMARC Group expects the market to reach INR 7.7 Billion by 2027, exhibiting a CAGR of 20.50% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.

Probiotics contain live microbial ingredients that help in maintaining the gut health. Some of the common probiotic products include curd, yogurt, drink, dietary supplements, etc. Probiotics aid in preventing the growth of harmful bacteria inside the digestive tract, leading to better nutrient absorption and bowel movement, reducing risk of type-2 diabetes, aiding in enhanced digestive health, boosting immunity, etc. They also help to treat and potentially prevent gastrointestinal issues, such as diarrhea, irritable bowel syndrome, colorectal cancer, constipation, etc.

India Probiotics Market Trends:
The increasing consumer concerns towards the high prevalence of numerous gastrointestinal ailments are primarily driving the demand for probiotics in India. Moreover, the growing awareness towards numerous associated benefits of probiotics in improving gut health and boosting immunity is also propelling the market growth in the country. Besides this, the expanding geriatric population, who are more prone to chronic gastrointestinal disorders, is acting as a significant growth-inducing factor. Additionally, the shifting consumer preferences from a high-calorie diet towards functional food and beverages is further augmenting the demand for probiotics. Furthermore, the expanding working women population and increasing focus on improving female health are also catalyzing the adoption of specialized probiotics, including L. acidophilus, L. rhamnosus, Bifidobacterium, etc. Apart from this, the growing prominence of ready-to-eat product variants due to hectic consumer work schedules and sedentary lifestyles, is further augmenting the demand for probiotic curd, yogurt, and drinks in easy-to-store, portable, and flexible packaging materials. Moreover, the expanding nutraceutical sector, along with several dairy-, allergen-, and sugar-free formulations, is positively influencing the market for probiotics in India. Besides this, due to the widespread of coronavirus disease, there is an increasing consumer inclination towards immunity-boosters, dietary supplements, and fortified food products. This is further expected to drive the India probiotics market in the coming years.

Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the India probiotics market, along with forecasts at the country and regional level from 2022-2027. Our report has categorized the market based on product type and distribution channel.

Breakup by Product Type:

Probiotic Curd
Probiotic Drinks
Probiotic Yoghurt

Breakup by Distribution Channel:

Convenience Stores
Supermarkets and Hypermarkets
Specialty Stores

Breakup by Region:

North India
West and Central India
South India
East India

Competitive Landscape:
The report has also analysed the competitive landscape of the market with some of the key players being Epigamia (Drums Food International), Gujarat Cooperative Milk Marketing Federation, Heritage Foods Limited, Mother Dairy Fruits and Vegetables Pvt. Ltd., Milkmantra Dairy Pvt. Ltd., Milky Mist Dairy, Nestlé India Ltd. (Nestle SA) and Yakult (Danone India Pvt. Ltd.). Key Questions Answered in This Report:
How has the India probiotics market performed so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the India probiotics industry?
What is the breakup of the market based on the product type?
What is the breakup of the market based on the distribution channel?
What are the key regional markets in the India probiotics industry?
What are the various stages in the value chain of the India probiotics industry?
What are the key driving factors and challenges in the India probiotics industry?
What is the structure of the India probiotics industry and who are the key players?
What is the degree of competition in the India probiotics industry?

1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 India Probiotics Market
5.1 Market Overview
5.2 Market Performance
5.2.1 Volume Trends
5.2.2 Value Trends
5.3 Impact of COVID-19
5.4 Market Breakup by Product Type
5.5 Market Breakup by Distribution Channel
5.6 Market Breakup by Region
5.7 Market Forecast
6 Market Breakup by Product Type
6.1 Probiotic Curd
6.1.1 Market Trends
6.1.2 Market Breakup by Packaging Type
6.1.3 Market Breakup by Distribution Channel
6.1.4 Market Breakup by Key Players
6.1.5 Market Forecast
6.2 Probiotic Drinks
6.2.1 Market Trends
6.2.2 Market Breakup by Flavors
6.2.3 Market Breakup by Packaging Type
6.2.4 Market Breakup by Distribution Channel
6.2.5 Market Breakup by Key Players
6.2.6 Market Forecast
6.3 Probiotic Yoghurt
6.3.1 Market Trends
6.3.2 Market Breakup by Flavors
6.3.3 Market Breakup by Packaging Type
6.3.4 Market Breakup by Distribution Channel
6.3.5 Market Breakup by Key Players
6.3.6 Market Forecast
7 Market Breakup by Distribution Channel
7.1 Convenience Stores
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Supermarkets and Hypermarkets
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Specialty Stores
7.3.1 Market Trends
7.3.2 Market Forecast
7.4 Online
7.4.1 Market Trends
7.4.2 Market Forecast
7.5 Others
7.5.1 Market Trends
7.5.2 Market Forecast
8 Market Breakup by Region
8.1 North India
8.1.1 Market Trends
8.1.2 Market Breakup by States
8.1.3 Market Forecast
8.2 West and Central India
8.2.1 Market Trends
8.2.2 Market Breakup by States
8.2.3 Market Forecast
8.3 South India
8.3.1 Market Trends
8.3.2 Market Breakup by States
8.3.3 Market Forecast
8.4 East India
8.4.1 Market Trends
8.4.2 Market Breakup by States
8.4.3 Market Forecast
9 SWOT Analysis
11.1 Strengths
11.2 Weaknesses
11.3 Opportunities
11.4 Threats
10 Value Chain Analysis
11 Porters Five Forces Analysis
11.1 Overview
11.2 Bargaining Power of Buyers
11.3 Bargaining Power of Suppliers
11.4 Degree of Competition
11.5 Threat of New Entrants
11.6 Threat of Substitutes
12 Price Analysis
13 Competitive Landscape
13.1 Market Structure
13.2 Market Breakup by Key Players
13.3 Profile of Key Players
13.3.1 Epigamia (Drums Food International) Company Overview Product Portfolio
13.3.2 Gujarat Cooperative Milk Marketing Federation Company Overview Product Portfolio
13.3.3 Heritage Foods Limited Company Overview Product Portfolio
13.3.4 Mother Dairy Fruits and Vegetables Pvt. Ltd Company Overview Product Portfolio
13.3.5 Milkmantra Dairy Pvt. Ltd. Company Overview Product Portfolio
13.3.6 Milky Mist Dairy Company Overview Product Portfolio
13.3.7 Nestle India Limited (Nestle SA) Company Overview Product Portfolio
13.3.8 Yakult (Danone India Pvt Ltd.) Company Overview Product Portfolio

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook
Cookie Settings