Probiotic Ingredients Market report contains detailed information on factors influencing demand, growth, opportunities, challenges, and restraints. It provides detailed information about the structure and prospects for global and regional industries. In addition, the report includes data on research & development, new product launches, product responses from the global and local markets by leading players. The structured analysis offers a graphical representation and a diagrammatic breakdown of the Probiotic Ingredients Market by region.
Global Probiotic Ingredients Market is valued at approximately USD $$ billion in 2022 and is anticipated to grow with a healthy growth rate of more than $% over the forecast period 2023-2030.
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Probiotic ingredients are the living microorganisms such as bacteria and yeast that are consumed to benefit health. It generally helps in restoring or improving the gut microbiota. The rising advantages of probiotic-fortified food, the growing need for superior-quality feed products, and increasing disposable income are the key factors that are fostering market demand across the globe.
The probiotic supplements help in maintaining preventive health and boost the immune system. According to Statista, the global market for probiotic supplements used for gastrointestinal health was estimated to account for USD 947 million. Also, it is anticipated that the demand is constantly growing and likely to value around USD 1,868 million by 2025. Thereby, the increasing consumption of probiotic-infused dietary supplements in order to enhance health benefits is reinforcing the market growth. In addition, the rising availability of products on various e-commerce platforms, as well as growing R&D activities are leveraging various growth prospects for the market in the foreseen years. However, the imposition of stringent quality standards, as well as complexities in integrating probiotics in functional food stifle market growth throughout the forecast period of 2022-2029.
The key regions considered for the Global Probiotic Ingredients Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America dominated the market in terms of revenue, owing to the rising focus on improving digestive health, the high purchasing capacity of the population, and the increasing adoption of nutraceuticals. Whereas, the Asia Pacific is expected to grow at the highest growth rate over the forecasting period. Factors such as rising inclination towards health care, growing demand for functional and dietary products, as well as growing incidences of target diseases are burgeoning the market growth in the forecasting years.
Major market players included in this report are:
Kerry Inc.
Chr. Hansen Holding AS
Koninklijke DSM NV
DuPont de Nemours Inc.
Lallemand Inc.
Associated British Foods PLC
Nutris
Deerland Probiotics & Enzymes Inc.
Advanced Enzyme Technologies
Orffa
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Recent Developments in the Market:
In November 2021, the Archer Daniels Midland Company declared the acquisition of Deerland Probiotics & Enzymes, with its global manufacturing and sales in the United States and Europe. The aim of this acquisition is to support ADM use of Deerland’s capabilities and portfolio to provide synergies for its Health and Wellness business and boost its growth across the Nutrition business unit.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
The detailed segments and sub-segment of the market are explained below:
By Source:
Bacteria
Yeast
By Form:
Dry
Liquid
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By Application:
Foods and Beverages
Dietary Supplements
Animal Feed
By End-Use:
Human
Animal
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
ROLA
Rest of the World
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Scope of the Report:
The scope of this report encompasses a comprehensive analysis of the market growth expected to occur from 2023 to 2030. Through meticulous research, we have organized data pertaining to the evolving market structures that exert influence on industries, markets, technologies, and capabilities. Our report presents a thorough examination of relevant statistics, opportunities, challenges, drivers, restraints, limits, market size, share, and trends. By delivering valuable insights, we aim to provide a comprehensive understanding of the market landscape.
Our Probiotic Ingredients Market Report is divided into several chapters to provide readers with a comprehensive understanding of the market.
Chapter 1 includes the scope of the report, research methodology, and other relevant information regarding the report’s contents.
Chapter 2 provides an executive summary, including the global Probiotic Ingredients market size, sales and revenue, and compound annual growth rate (CAGR). It also includes the Probiotic Ingredients market size by region, type, and application, historical data from 2018 to 2023, and a forecast until 2030.
Chapter 3 focuses on Probiotic Ingredients market sales, revenue, average price, global market share, and industry ranking by company from 2018 to 2023.
Chapter 4 presents global Probiotic Ingredients Market sales and revenue by region and country. It provides country-specific data and market value analysis for regions including the U.S., Canada, Europe, China, Japan, South Korea, Southeast Asia, India, Latin America, and the Middle East and Africa.
Chapters 5 through 8 delve deeper into the market, focusing on sales segments by country and type for each region including the Americas, APAC, Europe, and the Middle East and Africa.
Chapter 9 analyzes current market trends, market forecasts, opportunities, and economic trends that may affect the future of the marketplace.
Chapter 10 examines the manufacturing cost structure analysis of the market.
Chapter 11 explores sales channels, distributors, and customers.
Chapter 12 presents a world forecast review for geographic regions.
Chapter 13 analyzes key players in the market.
Chapter 14 provides research findings and a conclusion.
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