[183 Pages Report] The Probiotics Market size was estimated at USD 63.32 billion in 2023 and expected to reach USD 69.72 billion in 2024, at a CAGR 10.47% to reach USD 127.15 billion by 2030.
Probiotics are live microorganisms that are consumed as they are intended to have health benefits. These probiotic microbes play an essential role in maintaining the balance of microbial populations within the human body and contribute to the health and well-being of individuals. Increased awareness about preventive healthcare is one significant factor influencing consumers' preference for nutritional products fortified with probiotics. Furthermore, the growing geriatric population seeking solutions to age-related health issues such as digestive disorders and weak immunity systems is expanding the consumption of probiotic supplements. However, high costs and issues related to product recalls may adversely impact the consumption of probiotic products. Moreover, emerging applications of probiotics in personalized nutrition and precision medicine are expected to create significant potential for the growth of the probiotics market worldwide.
Probiotics are emerging as a novel intervention for promoting bone health. Specific strains have been shown to wield beneficial effects on bone density and strength, potentially aiding in the prevention of osteoporosis. Need-based preference for bone health probiotics is typically higher among older adults or individuals at risk of bone degenerative diseases. The probiotics market is widely recognized for its benefits in gut health. Probiotics aid digestion, prevent the growth of harmful bacteria, and can even help treat and prevent conditions including irritable bowel syndrome. There is a strong preference for gut health probiotics for individuals with digestive ailments or those looking to maintain a healthy gut flora balance. The role of probiotics in supporting the immune system is well-documented. By influencing the gut microbiota, they can enhance the body's immune response. Consumer preference for immune-boosting probiotics often surges during the cold and flu season or amidst public health crises. Probiotics also play a pivotal role in enhancing nutrition by aiding in the absorption of nutrients and the synthesis of essential vitamins. Consumers seeking to optimize nutrient uptake from their diets or those with specific nutritional deficiencies may show a preference for these types of probiotics. The relatively new focus for probiotics is centered on enhancing mental health, primarily through the gut-brain axis, which is believed to affect mood and cognitive functions. As awareness grows, professionals and students increasingly seek probiotics to enhance focus and productivity.
Liquid probiotics refer to the form of probiotics that are suspended in a liquid medium. Common mediums may include water, juices, dairy, or non-dairy bases. Liquid-form probiotics are often preferred for their ease of administration, especially for children, the elderly, and for those with difficulty swallowing pills or capsules. Solid probiotics encompass forms such as powders, capsules, tablets, and chewables. These are known for their extended shelf life and convenience in terms of transport and storage. Solid probiotics are typically preferred by individuals looking for precise dosing portability and those who do not mind swallowing pills.
Hypermarkets & supermarkets are popular for consumers who prefer to buy probiotics while doing their regular grocery shopping. This convenience allows customers to easily compare multiple brands and products within the category. These establishments offer a broad product range, allowing for price comparisons and promoting impromptu purchases. The online distribution channel is preferred by consumers who value convenience, have a busy lifestyle, or are seeking a more significant variety of probiotic products, including those that are hard to find in physical stores. Online outlets often offer competitive prices, detailed product information, customer reviews, and personalized recommendations, which can influence buying decisions. Consumers rely on pharmacies and drugstores when they are seeking probiotics alongside professional health advice or when they are focused on therapeutic probiotic formulations often recommended by healthcare providers. These establishments are trusted by consumers looking for products with specific health benefits. Specialty stores, which include health food stores and wellness boutiques, are preferred by health-conscious consumers, those with dietary restrictions, or those looking for premium or niche probiotic products. These consumers often seek expert advice and high-quality, specialized products that may not be available in generalist stores.
The application of probiotics in dietary supplements has been growing due to increased awareness of digestive health and immune function among consumers. Probiotics are consumed in the form of capsules, tablets, and powders, offering convenience and targeted delivery of beneficial bacteria to the gut. The need for dietary supplements is often driven by trends in preventive healthcare and the desire for wellness among age groups vulnerable to digestive issues. In the animal feed sector, probiotics are utilized to enhance the health and performance of livestock. The use of probiotics in feed can potentially reduce the reliance on antibiotics, promoting better animal health and addressing consumer concerns about antibiotic resistance. Need-based preferences revolve around improving feed conversion rates, promoting growth, and preventing disease in animals.
Probiotics have become a popular feature in functional foods & beverages, with products such as yogurt, kefir, fortified juices, and fermented foods leading the charge. The preference for functional foods and beverages relates to the convenience of integrating probiotics into everyday diets, as well as the additional health benefits these products claim to offer, such as improved gut health and immunity.
Growing consumer awareness of probiotics' health benefits coupled with the prevalence of lifestyle-related disorders such as obesity and diabetes are resulting in increased consumption of probiotics in the Americas. Increasing demand for functional foods enriched with probiotics in sectors such as dairy products and dietary supplements is encouraging the growth of the probiotics market in the Americas. Rapid urbanization, rising disposable incomes, lifestyle changes, an increase in chronic disease, and burgeoning interest in preventive healthcare among consumers are expanding the consumption of pro-biotics in the APAC region. Heightened consumer awareness of gut health and microbiota management and stringent regulations regarding probiotic product claims, which have led to increased transparency and trust among consumers, has resulted in increased consumption of probiotics in the EMEA region. Additionally, the rise in research & development for creating innovative formulations is anticipated to boost the adoption and consumption of probiotics by individuals worldwide.
The FPNV Positioning Matrix is pivotal in evaluating the Probiotics Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).
The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Probiotics Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.
L'Oréal Acquires Lactobio to Expand Precision Probiotics Expertise
French beauty conglomerate L'Oréal has announced the acquisition of the Danish pioneer in precision probiotics, Lactobio. This latest development cements L'Oréal's two-decade-long commitment to advanced microbiome exploration and signifies a significant leap toward novel cosmetic innovations. Through this acquisition, L'Oréal is poised to enhance its understanding of the microbial inhabitants on the skin's surface, reaffirming the company's prowess in spearheading transformative research and breakthroughs in the realm of skin health and beauty. [Published On: 2023-12-04]
Blue Aqua, SCD Probiotics Partner to Build Probiotics Manufacturing Plant in Singapore
Blue Aqua International and SCD Probiotics collaborated to build a state-of-the-art probiotic production complex in Singapore. Poised to become a beacon for innovation in the aquaculture sector, this facility would specialize in the development and distribution of eco-friendly probiotics and enzyme treatments. Aimed at enhancing aquaculture and water purification processes, this joint endeavor underscores both companies' dedication to pioneering sustainable practices in the industry. [Published On: 2023-11-14]
SIG and AnaBio Technologies Unveil First Global Launch Of Long-Life Probiotic Yogurt In Aseptic Packaging
SIG and AnaBio Technologies partnered to launch long-lasting probiotic yogurt that defies traditional constraints. This landmark product launch heralds the inception of a novel category of shelf-stable probiotic drinks in aseptic carton packs and spouted pouches, offering extended preservation without the necessity for refrigeration. Probiotics, widely recognized for their health-promoting effects, such as enhanced digestive health and immune support, have historically faced challenges due to heat sensitivity during the aseptic packaging process and instability over prolonged storage times, limiting their application exclusively to perishable, refrigerated formats. [Published On: 2023-09-05]
The report delves into recent significant developments in the Probiotics Market, highlighting leading vendors and their innovative profiles. These include Alltech, Inc., Archer Daniels Midland Company, Arla Foods, Inc., Asahi Group Holdings, Ltd., Bio Armor Developpement S.A.R.L., BioCC LLC, BioGaia AB, Chr. Hansen Holding A/S, DuPont de Nemours, Inc., Evonik Industries AG, Greentech, Kerry Group PLC, Lallemand Inc., Land O'lakes, Inc., Lesaffre & CIE, Lifeway Foods, Inc., MITUSHI BIOPHARMA, Morinaga Milk Industry Co., Ltd., Mother Dairy Fruit & Vegetable Pvt. Ltd., Nestlé S.A., Novozymes A/S, Probi AB, Probiotical SpA, Provita Eurotech Limited, Reckitt Benckiser Group plc, Roelmi HPC, Royal DSM N.V., Sabinsa Corporation, Schouw & Co., Synbio Tech Inc., and Yakult Honsha Co., Ltd..
This research report categorizes the Probiotics Market to forecast the revenues and analyze trends in each of the following sub-markets:
- Function
- Bone Health
- Gut Health
- Immunity
- Nutrition
- Productivity
- Source
- Bacteria
- Bifidobacterium
- Lactobacilli
- Streptococcus Thermophilus
- Yeast
- Bacteria
- Form
- Liquide
- Solid
- Distribution
- Hypermarkets/Supermarkets
- Online
- Pharmacies/Drugstores
- Specialty Stores
- Application
- Dietary Supplements
- Feed
- Functional Food & Beverages
- Region
- Americas
- Argentina
- Brazil
- Canada
- Mexico
- United States
- California
- Florida
- Illinois
- New York
- Ohio
- Pennsylvania
- Texas
- Asia-Pacific
- Australia
- China
- India
- Indonesia
- Japan
- Malaysia
- Philippines
- Singapore
- South Korea
- Taiwan
- Thailand
- Vietnam
- Europe, Middle East & Africa
- Denmark
- Egypt
- Finland
- France
- Germany
- Israel
- Italy
- Netherlands
- Nigeria
- Norway
- Poland
- Qatar
- Russia
- Saudi Arabia
- South Africa
- Spain
- Sweden
- Switzerland
- Turkey
- United Arab Emirates
- United Kingdom
- Americas
- Market Penetration: It presents comprehensive information on the market provided by key players.
- Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
- Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
- Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
- Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.
- What is the market size and forecast of the Probiotics Market?
- Which products, segments, applications, and areas should one consider investing in over the forecast period in the Probiotics Market?
- What are the technology trends and regulatory frameworks in the Probiotics Market?
- What is the market share of the leading vendors in the Probiotics Market?
- Which modes and strategic moves are suitable for entering the Probiotics Market?
- Preface
- Research Methodology
- Executive Summary
- Market Overview
- Market Insights
- Probiotics Market, by Function
- Probiotics Market, by Source
- Probiotics Market, by Form
- Probiotics Market, by Distribution
- Probiotics Market, by Application
- Americas Probiotics Market
- Asia-Pacific Probiotics Market
- Europe, Middle East & Africa Probiotics Market
- Competitive Landscape
- Competitive Portfolio
- List of Figures [Total: 26]
- List of Tables [Total: 558]
- List of Companies Mentioned [Total: 31]
Probiotics are useful in animal feeds because they work to improve feed efficiency and nutrient utilization. Its significance lies in reducing the input needed for production, ultimately decreasing costs while increasing yields. Solid research has demonstrated probiotics as a feed supplement can improve animal health, reproductive performance, and feed efficiency in beef and dairy cows.
Probiotics have become popular in the poultry industry due to their capacity to lessen certain bird diseases, including salmonella. They also considerably enhance the gut health and digestion of poultry birds, including chickens, turkeys, and ducks. Furthermore, probiotics have shown the potential to increase average body weight and enhance egg production. As such, it has become a standard practice to include probiotics in broiler chick feeds.
In the swine industry, probiotic use focuses on managing swine waste. Such practices highlight the significance of sustainable agriculture. Probiotics generate beneficial bacteria to eliminate bacterial pathogens and reduce ammonia and methane emissions. Research reveals that including probiotics in pig feeds increases daily weight and decreases feed cost per weight gain.
Another benefit that arises from the use of probiotics in animal feeds is a reduction in the use of antibiotics. Increasing research has prompted the search for alternative use of antibiotics to decrease the possible detection of antibiotic residues found in poultry meat or eggs, which entails exploring natural ways to reduce bacterial resistance, hence the inclusion of probiotics in animal feed.
There has been a long-standing argument for probiotics as a human health supplement. However, the trending use of probiotics in animal feeds has become a proven way to enhance animal health and manage global sustainability. Including probiotics in animal feed has improved animal health, nutrition, and growth efficiency, leading to higher industrial yields and output. Ultimately, as the world approaches a more sustainable future, it is essential to embrace probiotic use in animal feeds as it caters to sustainable agricultural practices.
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