Global Probiotics Market – Overview

The report will cover the overall analysis and insights in relation to the size and growth rate of the “Global Probiotics Market ” by various segments at a global and regional level for the 2000-2027 period, with 2000-2018 as historical data, 2020 as a base year, 2021 as an estimated year and 2021-2027 as forecast period.

Global Probiotics Market Introduction

• Probiotics are microorganisms, such as bacteria and yeast that benefit humans and animals by maintaining intestinal microbial balance. Probiotic ingredients stimulate natural digestive juices and enzymes in the body to ensure proper functioning of the digestive system, and can be administered through food or in the form of supplements. In addition, probiotics protect healthy organisms from harmful counterparts. Nowadays, probiotic products are employed to diagnose mental illness, and treat digestive problems and neurological disorders. Moreover, they strengthen the human immune system, protect proteins & lipids from oxidative destruction, and reduce body pathogens. Probiotic ingredients are sold in the form of capsules, tablets, powders, and gel.
• The major factor boosting the market growth is increasing consumer preference for natural products. Increasing concerns of consumers on preventive healthcare and effectiveness of probiotic bacteria on health drive the market growth. The demand of probiotics has increased due to upsurge in consumption of functional foods, which have potentially positive effects on health apart from providing basic nutrition. Apart from this, factors such as ban on the usage of antibiotics in animal feed in several European and North American countries, increasing product innovations in the form of chocolates, biscuits & others, increasing demand of probiotic based medicines due to proven positive results for reducing risk of chronic diseases such as diarrhoea & bowel diseases related to antibiotic use and rising demand for fermented food in daily diet. Additionally, increasing disposable income and improved standards of living in developing economies supplement the market growth.

Global Probiotics Market Report Scope

• The scope of the report covers the clear understanding and overview of the product.
• Analysis of market trends in the region, with market data considering 2020 as the base year, 2021 as the estimate year and forecast for 2027 with projection of CAGR from 2020 to 2027.
• The report covers discussion of economic trends and technology.
• Market estimates represent revenue.
• In-depth analysis of the market segmentation assists in determining the prevailing market scope.

Segments Covered in probiotics market

• The world probiotics market is segmented based on ingredient, application, function, end use, and geography. It is analyzed across four regions, namely, North America, Europe, Asia-Pacific, and LAMEA along with their prominent respective countries.
• Based on end use, the market is bifurcated into human probiotics and animal probiotics. Human probiotics ingredients is the major revenue contributor in the overall probiotic market.
• Probiotics are live microorganisms that, when consumed in appropriate amount, provide health benefits to humans. Human probiotics are used to treat problems of the digestive tract. In addition, they are used to treat diarrhea and cramps caused by antibiotics.
• Growing health concerns and rising awareness have augmented the demand for probiotics among consumers, thus resulting in the rise of probiotics dairy and food products. Consumers opt for probiotics dairy products such as yogurt, ice cream, and cheese to take in beneficial bacteria, in addition to available medical health supplements. Probiotic yogurt is the most common probiotic product preferred by consumers.

COVID-19 Impact on Global Probiotics Market

• The COVID-19 pandemic has led to a shift in consumption patterns of consumers and ultimately affecting the demand for diet being followed. Most of the consumers are opting for products with a nutritive value instead of junk or processed foods. In the US, all of a sudden, the sales of probiotics rose by 33% as people are panic about buying nutrient boosters keeping themselves immune and strong. Since then, retail stores and pharmacies are piling up stacks of probiotics in various forms. The fear of getting infected has resulted in the adoption of healthy lifestyle, thus increasing the demand for probiotics. As the danger of virus infection is among all the age groups, manufacturers are designing probiotics, which can have effective results in every individual.

Key Market Players in Global Probiotics Market

• The major players in the Arla Foods, Inc.; Lallemand Inc.;Danone; Nestle; Danisco A/S; BioGaia AB, General Mills, Inc., Mother Dairy Fruit & Vegetable Pvt. Ltd., Lifeway Foods Inc.; Chr. Hansen.; Dupont.; Kerry, Inc.; Pepsico, Inc.; Evolve Biosystems, Inc.; and others.
• Also, the Global Probiotics Market 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.

Recent Developments in Global Probiotics Market

• In May 2020, Probi AB signed a long-term R&D collaboration agreement with Competence Centre on Health Technologies (CCHT). It aims at developing novel products based on probiotics lactobacilli strains for women’s health.
• In September 2020, Danisco launched the latest series of cultures and probiotic formulations for China. This series would enable faster fermentation and higher probiotic counts while maintaining quality and taste for consumers.
• In December 2020, Danone launched a probiotic product for preventing lactation mastitis in breastfeeding mothers. It is sold exclusively in China.
• In November 2019, Nestle partnered with the University of California San Diego Centre for Microbiome Innovation (CMI) to enhance its understanding about how microbiomes affect human health. This includes microbiomes containing prebiotics, probiotics, and synbiotics.

Objectives of the Global Probiotics Market Study

• To provide detailed information regarding drivers, restraints, opportunities and challenges are influencing the growth in the Global Probiotics Market.
• To analyze the competitive intelligence of players based on company profiles and their key growth strategies.
• To strategically analyze micro markets with respect to the individual growth trends, their prospects, and their contribution to the total Global Probiotics Market.
• To analyze competitive developments such as expansions, and product launches, along with research & development (R&D) activities undertaken in the Global Probiotics Market.
• A unique model is created customized for each study also offers suggestions that help enterprises to identify and mitigate risks.

Note

• Global Industry Reports will also support you post-purchase for a period of 6 months to answer any of your queries related to the following market and to provide you any more data if you need, for your analysis.
• Also, you can buy some selected Chapters from the report.

Frequently Asked Questions?

1 Which country would lead the North American Market for Probiotics?

• The US would lead the North American Probiotics Market.

2 What are the major players in the Global Probiotics Market?

• The major players in the Arla Foods, Inc.; Lallemand Inc.;Danone; Nestle; Danisco A/S; BioGaia AB, General Mills, Inc., Mother Dairy Fruit & Vegetable Pvt. Ltd., Lifeway Foods Inc.; Chr. Hansen.; Dupont.; Kerry, Inc.; Pepsico, Inc.; Evolve Biosystems, Inc.; and others.

3 What are the competitive strategies adopted by key players in the market?

• Increase in R&D budget
• New product launches
• Innovative promotional and marketing strategies

4 What is the COVID-19 impact on the probiotics market?

• COVID-19 has created high awareness among consumers regarding healthy food consumption. The consumers are panic buying functional food products like probiotics which can build immunity in them.

5What is the Global probiotics market growth?

• The Global Probiotics market is expected to reach USD 76.1 Billion by 2027. Growing at a CAGR of 5.7% during the forecast period. Bacteria, One the segments analyzed in the report, is projected to record 5.5% CAGR and reach USD 39 Billion by the end of the analysis period.