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DOWNLOAD SAMPLE“Global Probiotics Market report provides a comprehensive analysis of the rapidly expanding global probiotics market, driven by a surge in health-consciousness and heightened awareness among consumers. provides a comprehensive analysis of the rapidly expanding global probiotics market, driven by a surge in health-consciousness and heightened awareness among consumers. In recent years, there has been a notable demand for probiotic products, especially in the forms of fermented dairy products, beverages, and healthy food options. ”
The probiotics market is a dynamic industry driven by the rising global prevalence of lifestyle diseases and a shift towards holistic health maintenance. The current landscape shows a significant demand for probiotic-rich products as consumers increasingly suffer from digestive disorders and lifestyle-related conditions. This demand is catalyzing growth across various regions, with leading companies like Nestle, Probi, Yakult, Danone, and ADM spearheading the market with strategic expansions and product innovations.
Valued at $70.95 billion in 2023, the global probiotics market will hit $115.07 billion by 2029, advancing at a CAGR of 8.39%. Functional foods and beverages are the frontrunners in product types, making up 83.06% of the market in 2023, and bacteria remain the preferred ingredient, holding an 88.07% share.
Given their growing awareness and health needs, adults are the main consumers of probiotics, while supermarkets and hypermarkets serve as the primary distribution channels, thanks to their expansive reach. The digestive health application dominates the probiotics application segment, attributed to the widespread prevalence of gut-related issues.
Market innovation is at the heart of growth, with manufacturers creating advanced formulations and enhancing probiotic efficacy. In North America, key vendors are battling for market control by introducing cutting-edge products tailored to meet growing demands. The pandemic further pushed probiotics into the limelight, with heightened consumer interest in immune-boosting supplements.
Asia-Pacific and Latin America are notable markets experiencing robust growth due to the surging demand for health-centric products. The Middle East & Africa also present growing opportunities, with a market share that's expected to expand throughout the forecast period.
Challenges for the industry include maintaining probiotic viability under harsh conditions and ensuring shelf stability. To overcome these, innovative encapsulation techniques are employed, enhancing the therapeutic potential of probiotics.
In this highly competitive market, key global players are making strategic moves, including acquisitions and collaborations, to fortify their market positions and tap into new opportunities. The probiotics market, thus, stands as a testament to the evolving consumer health consciousness and the industry's response through innovation and strategic growth.
Key Highlights
- The global probiotics market was valued at $70.95 billion in 2023 and is expected to reach $115.07 billion by 2029, growing at a CAGR of 8.39%. The growing awareness about the health benefits of probiotics, such as improved gut health and overall digestive function, and increased consumption of functional dairy products is anticipated to boost the growth of the global market.
- By product type, functional food and beverages accounted for the highest share. The increasing demand for functional food and beverages is due to the rising awareness of the health benefits of dairy-based probiotics and the increased consumption of functional dairy products for digestive wellness.
- By Ingredient type, the bacteria segment accounted for the highest share. Factors such as the high usage of bacteria and wider applications of bacteria in digestive wellness are expected to drive the growth of this segment.
- By Age group, the adults segment accounted for the highest share. The rising prevalence of chronic diseases, high penetration of probiotics, and rising awareness of health benefits in adults are some factors that drive the segment's growth.
- By Distribution Channel, the supermarkets and hypermarkets segment accounted for the highest share. The expansion of supermarkets and hypermarkets is the primary reason for the increasing demand for probiotics globally.
- By Application, the digestive health segment accounted for the highest share. The high prevalence of digestive diseases is the primary reason for the increasing demand for probiotics globally.
- Nestle, Probi, Danone, Chr.Hansen and Yakult Honsha Co., Ltd are some of the leading players currently dominating the global probiotics market. The major players focus on strategic acquisitions and collaborations with emerging players to enter the probiotics market and gain access to commercially launched products.
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Summary
THE FOLLOWING MARKET SEGMENT ANALYSIS IS INCLUDED IN THIS REPORT
REPORT HIGHLIGHTS
PRODUCT SEGMENTATION AND FORECAST
- Product Type
- Functional Food & Beverages
- Dietary Supplements
- Ingredients type
- Bacteria
- Yeast
- Age Group
- Adults
- Pediatrics
- Distribution Channels
- Supermarkets & Hypermarkets
- Departmental Stores
- Drug Stores
- Online Stores
- Application
- Digestive Health
- Immune Health
- Metabolic Health
- Others
- MARKET STRUCTURE
- Market Dynamics
- Competitive Landscape of Probiotics Market
- Key Vendors
- Other Prominent Vendors
- APPENDIX
- Research Methodology
- Abbreviations
- About Arizton
Vendors List
1. Nestle
2. Probi
3. Danone A/S
4. Chr.Hansen Holdings Inc
5. Yakult Honsha Co.,Ltd.
6. Arla Foods
7. International Flavours & Fragrances Inc.
8. ADM
9. General Mills Inc
10. BioGaia
11. AB-Biotics
12. DuPont
13. Lallemand Inc (Lallemand)
14. Lifeway Foods Inc
15. Kerry Group plc
16. Sanzyme Biologics
17. Mother Dairy Fruit & Vegetable Pvt Ltd (Mother Dairy)
18. Deerland Probiotics & Enzymes
19. Sacco System
20. Cultech
21. Goerlich Pharma
22. Winclove Probiotics
23. China-Biotics Inc.
24. COSMAX NBT, Inc.
25. PepsiCo
26. Morinaga Milk Industry Co., Ltd
27. AllergoSan USA, LLC
28. Teva Pharmaceuticals
29. Novozymes
30. Wren Laboratories
31. PanTheryx
32. DSM-Firmenich
33 Sanofi
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Table Of Contents
- Executive Summary
- Key Findings
- GLOBAL: Projected Revenue of Probiotics Market (2023-2029; $Billions)
- GLOBAL: Projected Revenue by Product type (2023-2029; $Billions)
- Functional Food & Beverages
- Dietary Supplements
- GLOBAL: Projected Revenue by Ingredients (2023-2029; $Billions)
- Bacteria
- Yeast
- GLOBAL: Projected Revenue by Age Group (2023-2029; $Billions)
- Adults
- Pediatrics
- GLOBAL: Projected Revenue by Distribution Channel (2023-2029; $Billions)
- Supermarkets & Hypermarkets
- Departmental Stores
- Drug Stores
- Online Stores
- GLOBAL: Projected Revenue by Application (2023-2029; $Billions)
- Digestive Health
- Immune Health
- Metabolic Health
- Others
- North America: Projected Revenue of Probiotics Market (2023-2029; $Billions)
- Projected Revenue of Probiotics Market in US
- Projected Revenue of Probiotics Market in Canada
- Europe: Projected Revenue of Probiotics Market (2023-2029; $Billions)
- Projected Revenue of Probiotics Market in Germany
- Projected Revenue of Probiotics Market in France
- Projected Revenue of Probiotics Market in UK
- Projected Revenue of Probiotics Market in Italy
- Projected Revenue of Probiotics Market in Spain
- APAC: Projected Revenue of Probiotics Market (2023-2029; $Billions)
- Projected Revenue of Probiotics Market in China
- Projected Revenue of Probiotics Market in Japan
- Projected Revenue of Probiotics Market in India
- Latin America: Projected Revenue of Probiotics Market (2023-2029; $Billions)
- Projected Revenue of Probiotics Market in Brazil
- Projected Revenue of Probiotics Market in Mexico
- Projected Revenue of Probiotics Market in Argentina
- Middle East & Africa: Projected Revenue of Probiotics Market (2023-2029; $Billions)
- Projected Revenue of Probiotics Market in Turkey
- Projected Revenue of Probiotics Market in Saudi Arabia
- Projected Revenue of Probiotics Market in South Africa
- Probiotics Market Opportunities & Trends
- Probiotics Market Drivers
- Probiotics Market Constraints
- Probiotics Market - Competitive Landscape
- Probiotics Market – Key Vendor Profiles
- Probiotics Market – Other Prominent Vendors
- Probiotics Market - Key Strategic Recommendations
- Research Methodology
- Abbreviations
- About Arizton
Exhibit 1: Projected Revenues of Probiotics in Global (2023-2029; $ Bn)
Exhibit 2: Projected Revenue of Probiotics by Functional food & Beverages (2023-2029; $ Bn)
Exhibit 3: Projected Revenue of Probiotics by Dietary Supplements ($ Bn)
Exhibit 4: Projected Revenues of Probiotics by Bacteria (2023-2029; $ Bn)
Exhibit 5: Projected Revenues of Probiotics by Yeast (2023-2029; $ Bn)
Exhibit 6: Projected Revenues of Probiotics by Adults (2023-2029; $ Bn)
Exhibit 7: Projected Revenues of Probiotics by Pediatrics (2023-2029; $ Bn)
Exhibit 8: Projected Revenues of Probiotics by Super & Hypermarkets (2023-2029; $ Bn)
Exhibit 9: Projected Revenues of Probiotics by Departmental Stores (2023-2029; $ Bn)
Exhibit 10: Projected Revenues of Probiotics by Drug Stores (2023-2029; $ Bn)
Exhibit 11: Projected Revenues of Probiotics by Online Stores (2023-2029; $ Bn)
Exhibit 12: Projected Revenues of Probiotics by Digestive Health (2023-2029; $ Bn)
Exhibit 13: Projected Revenues of Probiotics by Immune Health (2023-2029; $ Bn)
Exhibit 14: Projected Revenues of Probiotics by Metabolic Health (2023-2029; $ Bn)
Exhibit 15: Projected Revenues of Probiotics by Others (2023-2029; $ Bn)
Exhibit 16: Projected Revenues of Probiotics in North America (2023-2029; $ Bn)
Exhibit 17: Projected Revenues of Probiotics in US (2023-2029; $ Bn)
Exhibit 18: Projected Revenues of Probiotics in Canada (2023-2029; $ Bn)
Exhibit 19: Projected Revenues of Probiotics in Europe (2023-2029; $ Bn)
Exhibit 20: Projected Revenues of Probiotics in Germany (2023-2029; $ Bn)
Exhibit 21: Projected Revenues of Probiotics in France (2023-2029; $ Bn)
Exhibit 22: Projected Revenues of Probiotics in UK (2023-2029; $ Bn)
Exhibit 23: Projected Revenues of Probiotics in Italy (2023-2029; $ Bn)
Exhibit 24: Projected Revenues of Probiotics in Spain (2023-2029; $ Bn)
Exhibit 25: Projected Revenues of Probiotics in APAC (2023-2029; $ Bn)
Exhibit 26: Projected Revenues of Probiotics in China (2023-2029; $ Bn)
Exhibit 27: Projected Revenues of Probiotics in Japan (2023-2029; $ Bn)
Exhibit 28: Projected Revenues of Probiotics in India (2023-2029; $ Bn)
Exhibit 29: Projected Revenues of Probiotics in Latin America (2023-2029; $ Bn)
Exhibit 30: Projected Revenues of Probiotics in Brazil (2023-2029; $ Bn)
Exhibit 31: Projected Revenues of Probiotics in Mexico (2023-2029; $ Bn)
Exhibit 32: Projected Revenues of Probiotics in Argentina (2023-2029; $ Bn)
Exhibit 33: Projected Revenues of Probiotics in MEA (2023-2029; $ Bn)
Exhibit 34: Projected Revenues of Probiotics in Turkey (2023-2029; $ Bn)
Exhibit 35: Projected Revenues of Probiotics in Saudi Arabia (2023-2029; $ Bn)
Exhibit 36: Projected Revenues of Probiotics in South Africa (2023-2029; $ Bn)
Table 1: Key Market Trends in Probiotics Market
Table 2: Key Market Enablers in Probiotics Market
Table 3: Key Market Constraints in Probiotics Market
Table 4: Strategic Recommendations in Probiotics Market
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