Global Food Probiotics Market - 2023-2030

Market Overview

The Global Food Probiotics Market reached US$ 60.5 billion in 2022 and is expected to reach US$ 100.1 billion by 2030 and is expected to grow with a CAGR of 6.5% during the forecast period 2023-2030.

Food probiotics refer to food products that contain live microorganisms, specifically probiotic strains, which provide potential health benefits when consumed. These probiotic strains are beneficial bacteria or yeasts that can positively influence the gut microbiota, the community of microorganisms residing in the gastrointestinal tract.

The food probiotics market is witnessing a growing demand for products containing specific strains of probiotics. For instance, a report by Regulatory Affairs Professionals Society says that the total probiotic market was worth more than US$ 48 billion in 2021. Consumers are seeking out products with well-researched strains that have demonstrated specific health benefits, such as Lactobacillus acidophilus for digestive health or Bifidobacterium lactis for immune support.

Market Dynamics

Extended Scientific Research and Solid Clinical Evidence Are Driving the Food Probiotics Market

Extensive scientific research and clinical studies have provided evidence of the potential health benefits associated with the consumption of food probiotics. These studies have explored various aspects of probiotics, such as their impact on digestive health, immune function, and overall well-being. The availability of solid scientific evidence showcasing the positive effects of probiotics has generated interest among consumers and healthcare professionals, driving the demand for probiotic-rich food products.

Scientific research acts as a catalyst for innovation in the food probiotics market. Researchers and manufacturers are continuously exploring new probiotic strains, understanding their mechanisms of action, and uncovering novel health benefits. This scientific advancement fuels product development and drives the introduction of new probiotic formulations and delivery systems, meeting evolving consumer demands and preferences.

An Increase in Geriatric Population and Poor Digestive Health Provide Remarkable Opportunity

The global population is experiencing a steady increase in the number of elderly individuals. According to the United Nations, the number of people aged 60 years and above is projected to reach 2.1 billion by 2050, nearly double the number in 2017. The aging population is often associated with a higher incidence of digestive issues, such as constipation, gastrointestinal disorders, and a decline in gut microbiota diversity.

Digestive health issues are becoming increasingly prevalent worldwide. Factors such as sedentary lifestyles, poor dietary choices, stress, and the use of certain medications contribute to digestive problems like irritable bowel syndrome (IBS), inflammatory bowel disease (IBD), and dysbiosis. These conditions can significantly impact the quality of life and overall well-being of individuals.

Limited Shelf Life is Holding Back the Food Probiotics Market

Food probiotics contain live cultures, which are sensitive to environmental factors such as temperature, moisture, and oxygen. These factors can affect the viability and potency of the probiotic strains. The limited shelf life is primarily due to the natural degradation and decline in the number of live cultures over time.

The food probiotics market lacks standardized guidelines for determining the optimal shelf life of different probiotic strains and products. The viability of probiotics can vary depending on the strain, formulation, packaging, and storage conditions. The absence of clear guidelines can make it challenging for manufacturers to establish consistent and universally accepted shelf life standards.

COVID-19 Impact Analysis

The COVID-19 Analysis includes Pre-COVID Scenario, COVID Scenario, and Post-COVID Scenario along with Pricing Dynamics (Including pricing change during and post-pandemic comparing it with pre-COVID scenarios), Demand-Supply Spectrum (Shift in demand and supply owing to trading restrictions, lockdown, and subsequent issues), Government Initiatives (Initiatives to revive market, sector or Industry by Government Bodies) and Manufacturers Strategic Initiatives (What manufacturers did to mitigate the COVID issues will be covered here).

Segment Analysis

The global food probiotics market is segmented based on source, application, end-user, and region.

By Source, the Bacteria Segment is Estimated to have Significant Growth During the Forecast Period

Bacteria are naturally occurring microorganisms that are present in various environments, including the human body. They play a crucial role in maintaining a healthy balance within the gut microbiota. Probiotic bacteria, such as Lactobacillus and Bifidobacterium strains, are commonly used in food probiotics due to their well-documented health benefits.

Bacterial strains used in food probiotics have generally undergone rigorous safety assessments and regulatory approvals. For instance, many bacterial strains have obtained Generally Recognized as Safe (GRAS) status from regulatory authorities, indicating their safety for consumption. This regulatory approval instills confidence in manufacturers and consumers regarding the use of bacterial strains in food probiotics.

Geographical Analysis

North America is the Fastest Growing Market in The Food Probiotics Market

In recent years, there has been a significant increase in consumer awareness and interest in digestive health, immune support, and overall wellness. Consumers in North America are actively seeking out functional foods and beverages, including probiotics, to support their health goals. This rising awareness and adoption of probiotic products have contributed to the growth of the market in the region.

North America has a regulatory framework that supports the development and marketing of probiotic products. For instance, regulatory authorities, such as the U.S. Food and Drug Administration (FDA) and Health Canada, have established guidelines and standards for the use of probiotics in food and dietary supplements. This supportive regulatory environment fosters innovation, encourages investment, and facilitates the introduction of new probiotic products into the market.

Competitive Landscape

The major global players in the market include: Arla Foods, Inc., BioGaia AB, Chr. Hansen Holding A/S, Danone, Danisco A/S, General Mills, Inc., I-Health Inc., Lallemand Inc., Lifeway Foods Inc., and Mother Dairy Fruit & Vegetable Pvt. Ltd.

Why Purchase the Report?

• To visualize the global food probiotics market segmentation based on source, application, end-user, and region, as well as understand key commercial assets and players.
• Identify commercial opportunities in the market by analyzing trends and co-development.
• Excel data sheet with numerous data points of food probiotics market-level with all segments.
• The PDF report consists of cogently put-together market analysis after exhaustive qualitative interviews and in-depth market study.
• Product mapping is available as Excel consists of key products of all the major market players.

The global food probiotics market report would provide approximately 61 tables, 59 figures and 190 pages.

Target Audience 2023

• Manufacturers/ Buyers
• Industry Investors/Investment Bankers
• Research Professionals
• Emerging Companies