Probiotics Market in US 2024-2028

Description

List of Tables

The probiotics market in US is forecasted to grow by USD 4.98 bn during 2023-2028, accelerating at a CAGR of 8.16% during the forecast period. The report on the probiotics market in US provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the health benefits of probiotics, expansion in the retail landscape, and increasing online sales of probiotics in US.

Technavio's probiotics market in US is segmented as below:

Market Scope
Base Year	2024
End Year	2028
Series Year	2024-2028
Growth Momentum	Accelerate
YOY 2024	7.68%
CAGR	8.16%
Incremental Value	$4.98bn

By Distribution Channel

Offline
Online

By End-user

Human probiotics
Animal probiotics

By Product

Probiotic functional food and beverage
Supplements
Animal feed

This study identifies the increasing application of probiotics in the cosmetic industry as one of the prime reasons driving the probiotics market in US growth during the next few years. Also, increasing M and A activities by vendors in the probiotics market and increasing the launch of new probiotics will lead to sizable demand in the market.

The report on the probiotics market in US covers the following areas:

Probiotics market in US sizing
Probiotics market in US forecast
Probiotics market in US industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading probiotics market in US vendors that include BioGaia AB, Chr Hansen Holding AS, CUSTOM PROBIOTICS Inc., Danone, DuPont de Nemours Inc., General Mills Inc., InnovixLabs, Jarrow Formulas Inc., Koninklijke DSM NV, Lallemand Inc., Lifeway Foods Inc., Nestle SA, NOW Health Group Inc., Otsuka Holdings Co. Ltd., PepsiCo Inc., Reckitt Benckiser Group Plc, SFI Health, Swanson Health Products Inc., Symrise AG, The Procter and Gamble Co., Thorne HealthTech Inc., Twinlab Consolidated Holdings Inc., and Yakult Honsha Co. Ltd.. Also, the probiotics market in US analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources through an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.

Product Code: IRTNTR77523

1 Executive Summary

1.1 Market overview

2 Market Landscape

2.1 Market ecosystem

3 Market Sizing

3.1 Market definition
3.2 Market segment analysis
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028

4 Historic Market Size

4.1 Probiotics market in US 2018 - 2022
4.2 Distribution Channel Segment Analysis 2018 - 2022
4.3 End-user Segment Analysis 2018 - 2022
4.4 Product Segment Analysis 2018 - 2022

5 Five Forces Analysis

5.1 Five forces summary
5.2 Bargaining power of buyers
5.3 Bargaining power of suppliers
5.4 Threat of new entrants
5.5 Threat of substitutes
5.6 Threat of rivalry
5.7 Market condition

6 Market Segmentation by Distribution Channel

6.1 Market segments
6.2 Comparison by Distribution Channel
6.3 Offline - Market size and forecast 2023-2028
6.4 Online - Market size and forecast 2023-2028
6.5 Market opportunity by Distribution Channel

7 Market Segmentation by End-user

7.1 Market segments
7.2 Comparison by End-user
7.3 Human probiotics - Market size and forecast 2023-2028
7.4 Animal probiotics - Market size and forecast 2023-2028
7.5 Market opportunity by End-user

8 Market Segmentation by Product

8.1 Market segments
8.2 Comparison by Product
8.3 Probiotic functional food and beverage - Market size and forecast 2023-2028
8.4 Supplements - Market size and forecast 2023-2028
8.5 Animal feed - Market size and forecast 2023-2028
8.6 Market opportunity by Product

9 Customer Landscape

9.1 Customer landscape overview

10 Drivers, Challenges, and Trends

10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
10.4 Market trends

11 Vendor Landscape

11.1 Overview
11.2 Vendor landscape
11.3 Landscape disruption
11.4 Industry risks

12 Vendor Analysis

12.1 Vendors covered
12.2 Market positioning of vendors
12.3 BioGaia AB
12.4 Chr Hansen Holding AS
12.5 Danone
12.6 DuPont de Nemours Inc.
12.7 Koninklijke DSM NV
12.8 Lallemand Inc.
12.9 Lifeway Foods Inc.
12.10 Nestle SA
12.11 NOW Health Group Inc.
12.12 Otsuka Holdings Co. Ltd.
12.13 PepsiCo Inc.
12.14 Reckitt Benckiser Group Plc
12.15 Symrise AG
12.16 The Procter and Gamble Co.
12.17 Yakult Honsha Co. Ltd.

13 Appendix

13.1 Scope of the report
13.2 Inclusions and exclusions checklist
13.3 Currency conversion rates for US$
13.4 Research methodology
13.5 List of abbreviations