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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


Report ID : IR100268 | Industries : Food and Beverage | Published On :June 2024 | Page Count : 254

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  • 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 and is anticipated to reach USD 94480 million by 2027 at a CAGR of 6.17%.
    Probiotics are referred as the live bacteria and yeasts that are similar to beneficial microorganisms found in the human gut and are taken as dietary supplements. The rise in awareness regarding preventive healthcare is anticipated to benefit the overall global probiotics market's growth.

    Market Drivers
    The increase in demand for probiotics in various industries is expected to boost the global probiotics market's growth during this forecast period. Furthermore, the rise in investments in research and development activities to develop efficient probiotic strains will positively influence 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 in consumer awareness about value-added products will drive market growth during this forecast timeline. In addition to that, continuous technological advancements will support market growth. 

    Market Restraints
    Stringent international quality standards and regulations for probiotic products are expected to hamper the global probiotics market's growth. Also, high research and development costs for developing new probiotic strains will limit the global probiotic market's growth.

    Market Segmentation
    The Global Probiotics Market is segmented into product categories such as food and beverages, dietary supplements, ingredients such as bacteria and yeast, and end uses such as human probiotics, and animal probiotics. Further, the market is segmented into distribution channels such as hypermarkets, pharmacies, specialty stores, and online stores. Also, the global probiotics market is segmented into five regions, such as North America, Latin America, Europe, Asia Pacific, and the Middle East and 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 a collaboration 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 expanded its product portfolio with new bacterial strains developed together with its wholly-owned subsidiary, MetaboGen (a research and development company).
    In July 2022, BioGaia, a biotechnology company, launched a 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
    By Ingredients
    • Bacteria
    • Yeast
    By End Use
    • Human probiotics
    • Animal Probiotics
    By Distribution Channel
    • Hypermarkets
    • Pharmacies
    • Specialty Stores
    • Online Stores
    By Region
    • North America
    • Latin America
    • Europe
    • Asia Pacific
    • Middle East & Africa
    Key Questions Addressed by the Report
    • 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?

    Global Probiotics Market TOC 
    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
    9 Global 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
    11 Europe 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
    12 Asia 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
    13.6.1 Brazil
    13.6.2 Rest of Latin America
    14 Middle 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 
    14.6.1. Saudi Arabia
    14.6.2. UAE
    14.6.3. Egypt
    14.6.4. Kuwait
    14.6.5. South Africa
    15 Competitive Analysis
    15.1 Competition Dashboard
    15.2 Market share Analysis of Top Vendors
    15.3 Key Development Strategies
    16 Company 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