Global Probiotics Market Industry Growth Forecast and Key Product Segments for 2023 to 2030

The Global Probiotics Market Research Report [2023-2030] provides a thorough analysis of the market, including growth opportunities and trends for various applications, types, and regions such as North America, Europe, Asia-Pacific, South America, Middle East, and Africa. The report covers key producers, market developments, as well as opportunities, challenges, and threats. With over 200 pages, it offers detailed growth statistics, trends, and competitive landscape insights in the industry.

Global Probiotics Market is valued approximately USD 51.72 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 6.9 % over the forecast period 2020-2027.

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Probiotics are microorganisms that are consumed to provide health benefits, generally by improving or restoring the gut flora. Probiotics can be consumed by both humans and animals to maintain intestinal microbial balance and keep the digestive system healthy. Probiotic products are also used to diagnose mental illness, and treat neurological disorders. Moreover, they protect proteins & lipids from oxidative destruction, improve the human immune system, and reduce body pathogens. They are available in the form of capsules, tablets, powders, and gel. Further, increasing consumer awareness about healthy diets due to use of high nutrition’s in foods has led the adoption of Probiotics across the forecast period. Consumers are shifting towards a safe, natural, and cost-effective substitute for drugs because they have been clinically proven. For Instance: in 2017, Kerry acquired the US-based probiotics company Ganeden to enter the business of probiotics, this has driven the market forward. Further, , in 2018, for the development of next-generation probiotics, Chr. Hansen expanded its product strain library. However, high research and development costs has hampered the development of new probiotic strains, lack of international quality standards and regulations for probiotic products to decrease the side effects, impedes the growth of the market over the forecast period of 2020-2027. Also, increasing awareness among the manufacturers & consumers to fortify the food products with natural additives and the various health benefits that attract the young generation, creates an opportunity to increase the adoption & demand for Probiotics market.

The regional analysis of global  Probiotics Market  is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. Asia-Pacific is the leading/significant region across the world in terms of market share owing to the growing health conscious consumers, innovative products by the manufacturers according to the taste of consumers and probiotics being used in their traditional food products. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2020-2027. Factors such as rising disposable income, manufacturers investing in research and development and changing consumption pattern of economy would create lucrative growth prospects for the Probiotics Market across Asia-Pacific region.

Major market player included in this report are:
Chr. Hansen
Kerry
DuPont
Lallemand Inc.
GLAC Biotech
Bifodan
Danone
Yakult Honsha
Nestle
General Mills

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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 eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available 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 Ingredient:
Bacteria
Yeast

By Function:
Regular
Preventative Healthcare
Therapeutic Application

By Application:
Food & Beverages
Dietary Supplements
Animal Feed

By End-Use:
Human Probiotics
Animal Probiotics

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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
Rest of the World

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Core Chapters:

Chapter 1Introduction: This chapter outlines the scope of the report and provides an executive summary of the different market segments, including the market size, future development potential, and evolution of the market in the short to mid-term and long term.

Chapter 2Competitive Landscape: Here, we conduct a detailed analysis of the competitive landscape of Probiotics manufacturers, including price, output, and revenue market share, latest development plans, mergers, and acquisition information.

Chapter 3: Production and Value Analysis: This chapter provides a quantitative analysis of the production/output and value of Probiotics by region/country, identifying the market size and development potential of each region in the next six years.

Chapter 4: Consumption Analysis: We analyze the consumption of Probiotics in different regions and countries, introducing the market development, future prospects, market space, and capacity of each country in the world.

Chapter 5: Product Segment Analysis: This chapter provides an analysis of various market segments according to product type, covering the market size and development potential of each market segment.

Chapter 6: Application Segment Analysis: We analyze various market segments according to application, covering the market size and development potential of each market segment.

Chapter 7: Company Profiles: This chapter provides detailed profiles of key players in the market, including product production/output, revenue, price, gross margin, product introduction, recent development, etc.

Chapter 8: Industrial Chain Analysis: Here, we analyze the industrial chain, including the upstream and downstream of the industry.

Chapter 9: Sales Channel Analysis: We analyze the sales channel, distributors, and customers in this chapter.

Chapter 10: Market Dynamics Analysis: This chapter introduces the market dynamics, latest developments, driving factors, restrictive factors, challenges, and risks faced by manufacturers in the industry, along with an analysis of relevant policies.

Chapter 11: Production and Supply Forecast: We provide a production and supply forecast for the global and regional market.

Chapter 12: Consumption and Demand Forecast: This chapter provides a consumption and demand forecast for the global and regional market.

Chapter 13: Type and Application Forecast: We provide a quantitative analysis of the market size and development potential of each market segment in the next six years.

Chapter 14: Conclusion:  Finally, we present the main points and conclusions of the report, providing readers with a comprehensive understanding of the market and its potential growth prospects.

Our Probiotics Market Report is a comprehensive analysis of the market, providing valuable insights for businesses looking to invest in this industry.

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