Probiotics Market

Probiotics Market size reached USD 65.1 billion in 2022 and is estimated to reach USD 121.4 billion in 2030 and the market is estimated to grow at a CAGR of 8.1% from 2023-2030.

Probiotics are live microbial food ingredients which act as a beneficial bacteria or non-pathogenic in the human body. It consists of bacteria and yeast, which are broadly categorized in the global probiotics market. Bacteria such as Lactobacillus, Bifidobacterium, among others, are widely used in functional food and beverages, and the probiotics are considered as safe to consume as it improves the gut flora.

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Probiotics Market Key Drivers

The growing awareness regarding health benefits and the demand for health-based products amongst the people are the key factors that are bolstering the growth of the global Probiotics Market. Besides, the easy availability of probiotic-based products attracting, the consumers globally, which gives an immediate surge in the global probiotics market. The health benefits associated with probiotics such as, gastrointestinal infections and functions of the digestive system, improve the immune system, helps to prevent and treat diarrhea, reduce cholesterol and blood pressure, reduce the severity of certain allergies, among others which will further enhance the global probiotics market. Moreover, Probiotics contain Bifidobacterium and Lactobacillus, which also improve mental health conditions like depression, anxiety, obsessive-compulsive disorder. Besides that, the research & development activities (R&D) for the development of advanced technological products are further expected to play a crucial role in shaping the global Probiotics Market. However, the factors hindering the growth of the global Probiotics Market include the adverse effect on the human body suffering from immunodeficiency, short bowel syndrome, central venous catheters, and cardiac valve diseases.

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Various notable players operating in the market Danone, BioGaia, Chr. Hansen Holding A/S, Yakult Honsha Co. Ltd., DuPont de Nemours, Inc., Probi AB, Deerland Enzymes & Probiotics, Lifeway Foods Inc., Capsugel, Culturelle, among others. For Instance, BioGaia’s launch new product for probiotic bone health, BioGaia Osfortis, will be marketed by Everidis Health Sciences in the US.

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Segments covered in the Report:

The global Probiotics Market has been segmented on the basis of product type, application, distribution, and key geographies. Based on product type, the market is segmented into bacteria and yeast. Based on application, the market is segmented into food & beverages, dietary supplements, healthcare and others. Based on distribution, the market is segmented into online stores, Hypermarkets, specialized stores, and others.

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Market Segmentation

Global Probiotics Market by Product Type

• • Bacteria
  • Yeast

Global Probiotics Market by Application

• • Food & Beverages
  • Dietary Supplements
  • Healthcare
  • Others

Global Probiotics Market by Distribution

• • Online Stores
  • Hypermarkets
  • Specialized Stores
  • Others

Global Probiotics Market by Region

• • North America Global Probiotics Market (Option 1: As a part of the free 25% customization)
    • By Product Type
    • By Application
    • By Distribution
    • US Market All-Up
    • Canada Market All-Up
  • Europe Global Probiotics Market (Option 2: As a part of the free 25% customization)
    • By Product Type
    • By Application
    • By Distribution
    • UK Market All-Up
    • Germany Market All-Up
    • France Market All-Up
    • Spain Market All-Up
    • Rest of Europe Market All-Up
  • Asia-Pacific Global Probiotics Market (Option 3: As a part of the free 25% customization)
    • By Product Type
    • By Application
    • By Distribution
    • China Market All-Up
    • India Market All-Up
    • Japan Market All-Up
    • Rest of APAC Market All-Up
  • RoW Global Probiotics Market (Option 4: As a part of the free 25% customization)
    • By Product Type
    • By Application
    • By Distribution
    • Brazil Market All-Up
    • South Africa Market All-Up
    • Saudi Arabia Market All-Up
    • UAE Market All-Up
    • Rest of world (remaining countries of the LAMEA region) Market All-Up

Global Probiotics Leading Market Players (Option 5: As a part of the free 25% Customization – Profiles of 5 Additional Companies of your Choice)

• • Danone
  • BioGaia
  • Hansen Holding A/S
  • Yakult Honsha Co. Ltd.
  • DuPont de Nemours, Inc.
  • Probi AB
  • Deerland Enzymes & Probiotics
  • Lifeway Foods, Inc.
  • Capsugel
  • Culturelle