Probiotics are the type of functional foods and beverages which help in improving gut functionality and boosting immunity. In addition to this, they help in increasing breaking down of high calorie foods which makes it easier for stomach acids to breakdown complex protein and ease in digestion. Adoption of healthy lifestyle and increasing health awareness among consumers is expected foster the growth of the market during the forecast period. Diabetic foods are available for various applications such as dietary beverages, ice cream and jellies, dairy products, confectionery, baked products, and others.
Market Dynamics
The global probiotics market has witnessed significant growth in recent past years, owing to the rising health-conscious and adoption of a healthy lifestyle among consumers in the region. Moreover, growing awareness among consumers regarding health risks associated with excessive consumption of sugary beverages and foods with have high-calorie content is expected to provide lucrative growth to the global probiotics market over the forecast period.
Major players in the global probiotics market are increasing their investment on innovative product launchings, research & development and marketing & promotional activities to capitalize on emerging trends in food & beverage industry. This scenario is expected to fuel the market during the forecast period.
Preventive healthcare includes a healthy lifestyle and dietary choices that help prevent the occurrence of diseases. Awareness regarding preventive healthcare is on the rise due to various factors, such as increasing disposable income, improving the standard of living, and growth in the aging population. Easy availability of information pertaining to preventive healthcare on the internet is also contributing favorably to the rising awareness.
Key features of the study:
- This report provides an in-depth analysis of the global probiotics market, and provides market size (US$ Billion) and compound annual growth rate (CAGR %) for the forecast period (2022-2030), considering 2021 as the base year.
- It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, regional outlook, and competitive strategies adopted by key players
- It profiles key players in the global probiotics market based on the following parameters - company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
- Key companies covered as a part of this study include BioGaia AB, Chr. Hansen, Groupe Danone S.A., Nestle S.A., PROBI AB, Lifeway Foods, Inc., Mother Dairy, General Mills, Inc., China-Biotics, Inc., Yakult Honsha Co., Ltd., and E. I. du Pont de Nemours and Company
- Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future product launches, technology up gradation, market expansion, and marketing tactics.
- The global probiotics market report caters to various stakeholders in this industry including investors, suppliers, probiotics manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global probiotics market
Detailed Segmentation:
- Global Probiotics Market, By Type:
- Probiotics Food and Beverages
- Probiotics Dietary Supplements
- Probiotics Animal Feed
- Global Probiotics Market, By Application :
- Human Probiotics
- Animal Probiotics
- Global Probiotics Market, By Ingredient:
- Lactobacillus
- Streptococcus
- Bifidobacterium
- Global Probiotics Market, By Region:
- North America
- U.S.
- Canada
- Latin America
- Brazil
- Argentina
- Mexico
- Rest of Latin America
- Europe
- U.K.
- Germany
- Italy
- France
- Russia
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- ASEAN
- Australia
- South Korea
- Rest of Asia Pacific
- Middle East & Africa
- Middle East
- Africa
- Company Profiles
- BioGaia AB*
- Company Overview
- Product Portfolio
- Key Strategies
- Recent Developments
- Future Plans
- Hansen
- Groupe Danone S.A.
- Nestle S.A.
- PROBI AB
- Lifeway Foods, Inc.
- Mother Dairy
- General Mills, Inc.
- China-Biotics, Inc.
- Yakult Honsha Co., ltd
- E.I. du Pont de Nemours and Company
"*" marked represents similar segmentation in other categories in the respective section