PUBLISHER: BCC Research | PRODUCT CODE: 1105255
PUBLISHER: BCC Research | PRODUCT CODE: 1105255
The global probiotics market should reach $90.7 billion by 2027 from $61.2 billion in 2022 at a compound annual growth rate (CAGR) of 8.2% for the forecast period of 2022 to 2027.
The food and beverage segment of the global probiotics market is expected to grow from $41.6 billion in 2022 to $61.3 billion in 2027 at a CAGR of 8.1% for the forecast period of 2022 to 2027.
The dietary supplements segment of the global probiotics market is expected to grow from $11.6 billion in 2022 to $17.9 billion in 2027 at a CAGR of 9.0% for the forecast period of 2022 to 2027.
The report will provide an updated review of the global probiotics market, focusing on its genus, function, end-use, application, and sales channel. Conclusive and detailed estimates and forecasts of the global probiotics market are provided, followed by a detailed analysis of regions, countries and manufacturers.
The genus segment of the global probiotics market is further segmented into Lactobacillus, Bifidobacterium, Streptococcus, Bacillus and others. Based on the application, the market is segmented into food and beverages, dietary supplements, animal feed and others. The global probiotics market based on end use is segmented into probiotics for humans and probiotics for animals. Based on function, global probiotics market is segmented into regular probiotics and therapeutic probiotics. Based on sales channels, the market is segmented into hypermarkets and supermarkets, specialty stores, pharmacies, online and others.
The report will include the COVID-19 impact analysis on the probiotics market at a global level. The impact analysis will consist of the impact on demand, supply and prices.
The market size and estimations are provided in terms of value (USD millions), considering 2021 as a base year, and a market forecast will be provided from 2022 to 2027. Regional market size with respect to the application will be provided. COVID-19's impact will be considered while the marketing estimation.
The report includes an analysis of major players across each regional probiotics market. The report explains the major drivers and regional dynamics of the global probiotics market and current trends within the industry. The report focuses on the vendor landscape and includes detailed profiles of the major vendors in the market. Major companies in the global probiotics market include Chr. Hansen Inc., Nestle Inc., Danone Inc., Probi AB Inc., Meiji Holdings Co. Ltd., Yakult Honsha Co. Ltd. and Morinaga Milk Industry Co. Ltd.