
Global Probiotics Market Size, Trends & Growth Opportunity by Product (Food & Beverages, Dietary Supplements), By Ingredient (Bacteria, Yeast), By End Use (Human probiotics, Animal Probiotics), By Distribution Channel (Hypermarkets, Pharmacies, Specialty
Description
Global Probiotics Market Size, Trends & Growth Opportunity by Product (Food & Beverages, Dietary Supplements), By Ingredient (Bacteria, Yeast), By End Use (Human probiotics, Animal Probiotics), By Distribution Channel (Hypermarkets, Pharmacies, Specialty Stores, Online Stores), Region and Forecast till 2027>
Global Probiotics Market
The Global Probiotic Market was valued at USD 60280 Million in 2021 which is anticipated to reach USD 94480 Million by 2027 at a CAGR 6.17%.
Probiotics are referred as the live bacteria and yeasts that are similar to beneficial microorganisms found in the human gut that are taken as dietary supplements. The rise in awareness regarding preventive healthcare is anticipated to benefit the overall global probiotics market growth.
Market Drivers
The increase in demand for probiotics in various industries is expected to boost the global probiotics market growth during this forecast period. Furthermore, the rise in investments in research and development activities to develop efficient probiotic strains will positively influence the market growth. Also, the increase in demand for probiotic dietary supplements by consumers is expected to drive the global probiotic market growth over the forecast period. Moreover, the rise consumer awareness about value-added products will drive the market growth during this forecast timeline. In addition to that, continuous technological advancements will support the market growth.
Market Restraints
Stringent international quality standards and regulations for probiotic product is expected to hamper the global probiotics market growth. Also, high research and development costs for developing new probiotic strains will limit the global probiotic market growth.
Market Segmentation
The Global Probiotics Market is segmented into product such as Food & Beverages, Dietary Supplements, by ingredients such as Bacteria, and Yeast, by end use such as Human probiotics, and Animal Probiotics. Further, market is segmented into distribution channel such as Hypermarkets, Pharmacies, Specialty Stores, and Online Stores.
Also, global probiotics market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
Market Key Players
Some key players are discussed in this report such as Chr. Hansen, Danone, Yakult Honsha, Morinaga Milk Industry Co., Ltd, DowDuPont, Kerry, Probi AB, Nestle, Biogaia and Glac Biotech. Industry development
In September 2022, BioGaia, a biotechnology company, announced the collaborated with Skinome on the research and development of a product with live bacteria that can improve skin health in a natural way by supporting the skin microbiome.
In August 2022, BioGaia, a biotechnology company, developed probiotic products and expanding its product portfolio with new bacterial strains, developed together with the wholly-owned subsidiary MetaboGen (a research and development company).
In July 2022, BioGaia, a biotechnology company, launched probiotic product to support children’s respiratory health, which aims to strengthen the immune system and support children’s upper respiratory health.
Market Taxonomy
By Product
Global Probiotics Market
The Global Probiotic Market was valued at USD 60280 Million in 2021 which is anticipated to reach USD 94480 Million by 2027 at a CAGR 6.17%.
Probiotics are referred as the live bacteria and yeasts that are similar to beneficial microorganisms found in the human gut that are taken as dietary supplements. The rise in awareness regarding preventive healthcare is anticipated to benefit the overall global probiotics market growth.
Market Drivers
The increase in demand for probiotics in various industries is expected to boost the global probiotics market growth during this forecast period. Furthermore, the rise in investments in research and development activities to develop efficient probiotic strains will positively influence the market growth. Also, the increase in demand for probiotic dietary supplements by consumers is expected to drive the global probiotic market growth over the forecast period. Moreover, the rise consumer awareness about value-added products will drive the market growth during this forecast timeline. In addition to that, continuous technological advancements will support the market growth.
Market Restraints
Stringent international quality standards and regulations for probiotic product is expected to hamper the global probiotics market growth. Also, high research and development costs for developing new probiotic strains will limit the global probiotic market growth.
Market Segmentation
The Global Probiotics Market is segmented into product such as Food & Beverages, Dietary Supplements, by ingredients such as Bacteria, and Yeast, by end use such as Human probiotics, and Animal Probiotics. Further, market is segmented into distribution channel such as Hypermarkets, Pharmacies, Specialty Stores, and Online Stores.
Also, global probiotics market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
Market Key Players
Some key players are discussed in this report such as Chr. Hansen, Danone, Yakult Honsha, Morinaga Milk Industry Co., Ltd, DowDuPont, Kerry, Probi AB, Nestle, Biogaia and Glac Biotech. Industry development
In September 2022, BioGaia, a biotechnology company, announced the collaborated with Skinome on the research and development of a product with live bacteria that can improve skin health in a natural way by supporting the skin microbiome.
In August 2022, BioGaia, a biotechnology company, developed probiotic products and expanding its product portfolio with new bacterial strains, developed together with the wholly-owned subsidiary MetaboGen (a research and development company).
In July 2022, BioGaia, a biotechnology company, launched probiotic product to support children’s respiratory health, which aims to strengthen the immune system and support children’s upper respiratory health.
Market Taxonomy
By Product
- Food & Beverages
- Dietary Supplements
- Bacteria
- Yeast
- Human probiotics
- Animal Probiotics
- Hypermarkets
- Pharmacies
- Specialty Stores
- Online Stores
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East & Africa
- What are the Key Opportunities in Global Probiotics Market?
- What will be the growth rate from 2022 to 2027?
- Which segment/region will have highest growth?
- What are the factors that will impact/drive the Market?
- What is the competitive Landscape in the Industry?
- What is the role of key players in the value chain?
- What are the strategies adopted by key players?
Table of Contents
123 Pages
- 1 Introduction
- 1.1 Objective of the Study
- 1.2 Market definition
- 1.3 Market Scope
- 2 Research Methodology
- 2.1 Data Mining
- 2.2 Validation
- 2.3 Primary Interviews
- 2.4 List of Data Sources
- 3 Executive Summary
- 4 Global Probiotics Market Outlook
- 4.1 Overview
- 4.2 Market Dynamics
- 4.2.1 Drivers
- 4.2.2 Restraints
- 4.2.3 Opportunities
- 4.3 Porters Five Force Model
- 4.4 Value Chain Analysis
- 5 Global Probiotics Market, By Product
- 5.1 Y-o-Y Growth Comparison, By Product
- 5.2 Global Probiotics Market Share Analysis, By Product
- 5.3 Global Probiotics Market Size and Forecast, By Product
- 5.3.1 Food & Beverages
- 5.3.2 Dietary Supplements
- 6 Global Probiotics Market, By Ingredient
- 6.1 Y-o-Y Growth Comparison, By Ingredient
- 6.2 Global Probiotics Market Share Analysis, By Ingredient
- 6.3 Global Probiotics Market Size and Forecast, By Ingredient
- 6.3.1 Bacteria
- 6.3.2 Yeast
- 7 Global Probiotics Market, By End Use
- 7.1 Y-o-Y Growth Comparison, By End Use
- 7.2 Global Probiotics Market Share Analysis, By End Use
- 7.3 Global Probiotics Market Size and Forecast, By End Use
- 7.3.1 Human probiotics
- 7.3.2 Animal Probiotics
- 8 Global Probiotics Market, By Distribution Channel
- 8.1 Y-o-Y Growth Comparison, By Distribution Channel
- 8.2 Global Probiotics Market Share Analysis, By Distribution Channel
- 8.3 Global Probiotics Market Size and Forecast, By Distribution Channel
- 8.3.1 Hypermarkets
- 8.3.2 Pharmacies
- 8.3.3 Specialty Stores
- 8.3.4 Online Stores
- 9Global Probiotics Market, By Region
- 9.1 Global Probiotics Market Share Analysis, By Region
- 9.2 Global Probiotics Market Share Analysis, By Region
- 9.3 Global Probiotics Market Size and Forecast, By Region
- 10 North America Probiotics Analysis and Forecast (2022 – 2027)
- 10.1 Introduction
- 10.2 North America Probiotics Product Market Share Analysis, By Product
- 10.3 North America Probiotics Product Market Size and Forecast, By Ingredient
- 10.4 North America Probiotics Product Market Size and Forecast, By End Use
- 10.5 North America Probiotics Product Market Size and Forecast, By Distribution Channel
- 10.6 North America Probiotics Product Market Size and Forecast, By Country
- 10.6.1 U.S.
- 10.6.2 Canada
- 10.6.3 Mexico
- 11Europe Probiotics Market Analysis and Forecast (2022 – 2027)
- 11.1 Introduction
- 11.2 Europe Probiotics Product Market Share Analysis, By Product
- 11.3 Europe Probiotics Product Market Size and Forecast, By Ingredient
- 11.4 Europe Probiotics Product Market Size and Forecast, By End Use
- 11.5 Europe Probiotics Product Market Size and Forecast, By Distribution Channel
- 11.6 Europe Probiotics Product Market Size and Forecast, By Country
- 11.6.1 Germany
- 11.6.2 France
- 11.6.3 UK
- 11.64. Rest of Europe
- 12Asia Pacific Probiotics Market Analysis and Forecast (2022 – 2027)
- 12.1 Introduction
- 12.2 Asia Pacific Probiotics Product Market Share Analysis, By Product
- 12.3 Asia Pacific Probiotics Product Market Size and Forecast, By Ingredient
- 12.4 Asia Pacific Probiotics Product Market Size and Forecast, By End Use
- 12.5 Asia Pacific Probiotics Product Market Size and Forecast, By Distribution Channel
- 12.6 Asia Pacific Probiotics Product Market Size and Forecast, By Country
- 12.6.1 China
- 12.6.2 Japan
- 12.6.3 India
- 12.6.4. Rest of Asia Pacific
- 13Latin America Probiotics Market Analysis and Forecast (2022 – 2027)
- 13.1 Introduction
- 13.2 Latin America Probiotics Product Market Share Analysis, By Product
- 13.3 Latin America Probiotics Product Market Size and Forecast, By Ingredient
- 13.4 Latin America Probiotics Product Market Size and Forecast, By End Use
- 13.5 Latin America Probiotics Product Market Size and Forecast, By Distribution Channel
- 13.6 Latin America Probiotics Product Market Size and Forecast, By Country
- 14Middle East Probiotics Market Analysis and Forecast (2022 – 2027)
- 14.1 Introduction
- 14.2 Middle East Probiotics Product Market Share Analysis, By Product
- 14.3 Middle East Probiotics Product Market Size and Forecast, By Ingredient
- 14.4 Middle East Probiotics Product Market Size and Forecast, By End Use
- 14.5 Middle East Probiotics Product Market Size and Forecast, By Distribution Channel
- 14.6 Middle East Probiotics Product Market Size and Forecast, By Country
- 15Competitive Analysis
- 15.1 Competition Dashboard
- 15.2 Market share Analysis of Top Vendors
- 15.3 Key Development Strategies
- 16Company Profiles
- 16.1 Chr. Hansen
- 16.1.1 Overview
- 16.1.2 Offerings
- 16.1.3 Key Financials
- 16.1.4 Business Segment & Geographic Overview
- 16.1.5 Key Market Developments
- 16.1.6 Key Strategies
- 16.2 Danone
- 16.2.1 Overview
- 16.2.2 Offerings
- 16.2.3 Key Financials
- 16.2.4 Business Segment & Geographic Overview
- 16.2.5 Key Market Developments
- 16.2.6 Key Strategies
- 16.3 Yakult Honsha
- 16.3.1 Overview
- 16.3.2 Offerings
- 16.3.3 Key Financials
- 16.3.4 Business Segment & Geographic Overview
- 16.3.5 Key Market Developments
- 16.3.6 Key Strategies
- 16.4 DowDuPont
- 16.4.1 Overview
- 16.4.2 Offerings
- 16.4.3 Key Financials
- 16.4.4 Business Segment & Geographic Overview
- 16.4.5 Key Market Developments
- 16.4.6 Key Strategies
- 16.5 Kerry
- 16.5.1 Overview
- 16.5.2 Offerings
- 16.5.3 Key Financials
- 16.5.4 Business Segment & Geographic Overview
- 16.5.5 Key Market Developments
- 16.5.6 Key Strategies
- 16.6 Probi AB
- 16.6.1 Overview
- 16.6.2 Offerings
- 16.6.3 Key Financials
- 16.6.4 Business Segment & Geographic Overview
- 16.6.5 Key Market Developments
- 16.6.6 Key Strategies
- 16.7 Nestle
- 16.7.1 Overview
- 16.7.2 Offerings
- 16.7.3 Key Financials
- 16.7.4 Business Segment & Geographic Overview
- 16.7.5 Key Market Developments
- 16.7.6 Key Strategies
- 16.8 Biogaia
- 16.8.1 Overview
- 16.8.2 Offerings
- 16.8.3 Key Financials
- 16.8.4 Business Segment & Geographic Overview
- 16.8.5 Key Market Developments
- 16.8.6 Key Strategies
- 16.9 Morinaga Milk Industry Co., Ltd.
- 16.9.1 Overview
- 16.9.2 Offerings
- 16.9.3 Key Financials
- 16.9.4 Business Segment & Geographic Overview
- 16.9.5 Key Market Developments
- 16.9.6 Key Strategies
- 16.10 Glac Biotech
- 16.10.1 Overview
- 16.10.2 Offerings
- 16.10.3 Key Financials
- 16.10.4 Business Segment & Geographic Overview
- 16.10.5 Key Market Developments
- 16.10.6 Key Strategies
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