All updated as on -
By 2030, the market for probiotics is anticipated to reach USD 113.88 billion, growing at a CAGR of 8.6% from 2023 to 2030.
Probiotics are living microorganisms that, when taken in sufficient quantities, have positive effects on health. Common sources of these healthy bacteria include yoghurt, fermented foods, and dietary supplements. Probiotics' ability to enhance gut health, strengthen the immune system, and support general wellbeing has been thoroughly researched. They function by reestablishing the balance of the gut microbiota, which is essential for preserving immunological and digestive health. Irritable bowel syndrome (IBS), inflammatory bowel disease (IBD), and diarrhoea have all been found to improve with the use of probiotics. To completely comprehend the mechanisms and ideal application of probiotics for different health issues, more research is nonetheless required. Any probiotic regimen should be started after consulting a healthcare provider.
This study divides the probiotics market into a number of divisions and geographical areas, anticipates revenue growth, and examines trends in each submarket. The paper examines the probiotics market's major growth drivers, prospects, and difficulties. The competitive landscape in the market has been depicted by including recent market developments and competitive tactics including growth, product launch and development, partnerships, mergers, and acquisitions. The key market players are strategically identified, profiled, and their core competencies in each of the probiotics market's sub-segments are analysed in the study.
Driving Factors
The probiotics market is driven by a number of variables worldwide. Market expansion is being driven by rising consumer knowledge of the health advantages of probiotics and rising interest in natural and organic goods. The market is growing as a result of the rising demand for functional foods and dietary supplements. Probiotics are also in demand as prospective therapy options due to an increase in the prevalence of gastrointestinal ailments and digestive problems. Additionally, the usage of probiotics in animal feed is expanding, which is fueling market expansion in the agriculture industry. Future market growth is also anticipated to be fueled by the creation of novel probiotic strains and delivery technologies.
Restraining Factors
There are also certain limitations on the probiotics industry. Lack of uniform laws and standards for probiotic goods, which can cause variances in quality and efficacy, is one significant problem. Additionally, the stability and viability of a product may be impacted by the probiotic microbes' sensitivity to environmental factors and shelf-life restrictions. Probiotics are expensive to produce and store as well as to research and develop, which may limit market expansion. Another restriction might come from worries about safety and possible negative consequences in specific populations, like people with impaired immune systems.
Report Coverage
Global Probiotics research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Probiotics report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Probiotics competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Probiotics market players and analyses their core competencies in each global market sub-segments.
Key Points Covered in the Report
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Probiotics market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Probiotics market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Arla Foods, Inc., BioGaia AB, Chr. Hansen Holding A/S, Danone, Danisco A/S, General Mills Inc., i-Health Inc.,Lallemand Inc., Lifeway Foods, Inc., Mother Dairy Fruit & Vegetable Pvt. Ltd., Kerry, Nestle S.A., Probi, Yakult Honsha Co., Ltd.
Primary Target Market
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. Spherical Insights has segmented the global Probiotics market based on the below-mentioned segments:
Global Probiotics Market, By Product
Global Probiotics market, By Ingredient
Global Probiotics market, Regional Analysis
Probiotics are living microorganisms that, when taken in sufficient quantities, have positive effects on health. Common sources of these healthy bacteria include yoghurt, fermented foods, and dietary supplements. Probiotics' ability to enhance gut health, strengthen the immune system, and support general wellbeing has been thoroughly researched. They function by reestablishing the balance of the gut microbiota, which is essential for preserving immunological and digestive health. Irritable bowel syndrome (IBS), inflammatory bowel disease (IBD), and diarrhoea have all been found to improve with the use of probiotics. To completely comprehend the mechanisms and ideal application of probiotics for different health issues, more research is nonetheless required. Any probiotic regimen should be started after consulting a healthcare provider.
This study divides the probiotics market into a number of divisions and geographical areas, anticipates revenue growth, and examines trends in each submarket. The paper examines the probiotics market's major growth drivers, prospects, and difficulties. The competitive landscape in the market has been depicted by including recent market developments and competitive tactics including growth, product launch and development, partnerships, mergers, and acquisitions. The key market players are strategically identified, profiled, and their core competencies in each of the probiotics market's sub-segments are analysed in the study.
Driving Factors
The probiotics market is driven by a number of variables worldwide. Market expansion is being driven by rising consumer knowledge of the health advantages of probiotics and rising interest in natural and organic goods. The market is growing as a result of the rising demand for functional foods and dietary supplements. Probiotics are also in demand as prospective therapy options due to an increase in the prevalence of gastrointestinal ailments and digestive problems. Additionally, the usage of probiotics in animal feed is expanding, which is fueling market expansion in the agriculture industry. Future market growth is also anticipated to be fueled by the creation of novel probiotic strains and delivery technologies.
Restraining Factors
There are also certain limitations on the probiotics industry. Lack of uniform laws and standards for probiotic goods, which can cause variances in quality and efficacy, is one significant problem. Additionally, the stability and viability of a product may be impacted by the probiotic microbes' sensitivity to environmental factors and shelf-life restrictions. Probiotics are expensive to produce and store as well as to research and develop, which may limit market expansion. Another restriction might come from worries about safety and possible negative consequences in specific populations, like people with impaired immune systems.
Report Coverage
Global Probiotics research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Probiotics report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Probiotics competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Probiotics market players and analyses their core competencies in each global market sub-segments.
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| Study Period | 2017-2030 |
| Base Year | 2020 |
| Forecast Period | 2022-2030 |
| Historical Period | 2017-2019 |
| Unit | Value (USD Billion) |
| Key Companies Profiled | Arla Foods, Inc., BioGaia AB, Chr. Hansen Holding A/S, Danone, Danisco A/S, General Mills Inc., i-Health Inc.,Lallemand Inc., Lifeway Foods, Inc., Mother Dairy Fruit & Vegetable Pvt. Ltd., Kerry, Nestle S.A., Probi, Yakult Honsha Co., Ltd. |
| Segments Covered | • By Product |
| Customization Scope | Free report customization (equivalent to up to 3 analyst working days) with purchase. Addition or alteration to country, regional & segment scope |
Key Points Covered in the Report
- Market Revenue of Probiotics Market from 2021 to 2030.
- Market Forecast for Probiotics Market from 2021 to 2030.
- Regional Market Share and Revenue from 2021 to 2030.
- Country Market share within region from 2021 to 2030.
- Key Type and Application Revenue and forecast.
- Company Market Share Analysis, Probiotics competitive scenario, ranking, and detailed company
profiles. - Market driver, restraints, and detailed COVID-19 impact on Probiotics
Market
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Probiotics market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Probiotics market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Arla Foods, Inc., BioGaia AB, Chr. Hansen Holding A/S, Danone, Danisco A/S, General Mills Inc., i-Health Inc.,Lallemand Inc., Lifeway Foods, Inc., Mother Dairy Fruit & Vegetable Pvt. Ltd., Kerry, Nestle S.A., Probi, Yakult Honsha Co., Ltd.
Primary Target Market
- Market Players of Probiotics
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Third-party knowledge providers
- Value-Added Resellers (VARs)
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. Spherical Insights has segmented the global Probiotics market based on the below-mentioned segments:
Global Probiotics Market, By Product
- Probiotic Food & Beverages
- Probiotic Dietary Supplements
- Animal Feed Probiotics
Global Probiotics market, By Ingredient
- Bacteria
- Yeast
- Human Probiotics
- Animal Probiotics
Global Probiotics market, Regional Analysis
- Europe: Germany, Uk, France, Italy, Spain, Russia, Rest of Europe
- The Asia Pacific: China,Japan,India,South Korea,Australia,Rest of Asia Pacific
- South America: Brazil, Argentina, Rest of South America
- Middle East & Africa: UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa
About This Research
You will get in-depth and extensive probiotics market market research and competitor analysis for your business to help you develop more profound insights into the probiotics market Market.
Through INFINITIVE Data Expert is a professional Market Research services, I will identify the probiotics market market size, demand & opportunities, growth rate, and target audience with a comprehensive analysis of your competitors.