The global probiotics food & cosmetics market is anticipated to grow at a significant CAGR of 8.1% during the forecast period. Probiotics are living microorganisms that are intended to have health benefits when consumed or applied to the body. These are found in yogurt and other fermented foods. The rising awareness regarding preventive healthcare is significantly increasing the growth of the market during the forecast period. Furthermore, the key factor responsible for the growth of the market is the increasing disposable income, improving the standard of living, and growing the elderly population.
Impact of COVID-19 Pandemic on Global Probiotics Food & Cosmetics Market
During the COVID-19 pandemic, travel restrictions created hurdles to international trade and transportation, which disrupted the supply chain for the market. However, the demand for immunity-boosting food products and supplements was high in demand during the pandemic, as they were used for their immunity-boosting properties. According to the report published by the frontiers in Nutrition, in December 2020, probiotics can be used as an adjunctive treatment for curing COVID-19, as the probiotics bolster the immune system along with a=enhancing the mucosal barrier function.
Segmental Outlook
The global probiotics food & cosmetics market is segmented based on product types, ingredients, and distribution channels. Based on the product types, the market is segmented into food and beverage, dietary supplements, and cosmetics. Based on the ingredients, the market is bifurcated into bacteria and yeast. Based on the distribution channel, the market is sub-segmented into hypermarkets/supermarkets, pharmacies/ drugstores, specialty stores, and online. Based on product types, the probiotics food and beverages segment is anticipated to grow at a remarkable pace. Owning to the nutritional value it provides, the demand for the food and beverage segments is increasing. The above-mentioned segments can be customized as per the requirements.
Global Probiotics Food & Cosmetics Market Share by Distribution Channel, 2021 (%)
The Hypermarkets/ Supermarkets Segment is Expected to Hold a Significant Share in the Global Probiotics Food & Cosmetics Market
Based on distribution channels, the hypermarkets/ supermarkets sub-segment is anticipated to hold a significant share in the global probiotics food & cosmetics market during the forecast period owing to the convenience of shopping and availability of different products of multiple brands in a single place. Also due to high footfall in these hypermarkets/supermarkets the sale of probiotic products increases due to the growth of the market. According to the Europe International Probiotic Association, in 2019, total sales of probiotic supplements, probiotic yogurt, and sour-milk products on the EU market were equal to $10.21 million.
Regional Outlooks
The global probiotics food & cosmetics market is further segmented based on geography including North America (the US, and Canada), Europe (Italy, Spain, Germany, France, and Others), Asia-Pacific (India, China, Japan, South Korea, and Others), and the Rest of the World (the Middle East & Africa, and Latin America). Among these, the Asia-Pacific is expected to hold significant market growth during the forecast period. The rising population, rising disposable income in the region, and demand for probiotic-based health care products from countries like India, and China, are boosting the region for the market. According to World Bank data, India’s GDP is around $1927.7 in the year 2020, due to which peoples tends to spend more and contribute to the probiotic food cosmetic market. The market can be analyzed for a particular region or country level as per the requirement.
Global Probiotics Food & Cosmetics Market Growth, by Region 2022-2028
The North America Region is Expected to Hold a Considerable Share in the Global Probiotics Food & Cosmetics Market
North America is estimated to account for a prominent share of the global probiotics food & cosmetics market during the forecast period. Owing to the increase in awareness of digestive probiotics and investment from manufacturers in the food and beverage and pharmaceutical industries are significantly growing the global probiotics food & cosmetics market. Consumers are paying more attention to health and well-being, due to which these probiotics are playing a very important role in increasing the probiotics food & cosmetics market. According to NIH, the sales of dietary supplements in 2019 were around $345 million in the US.
Market Players Outlook
The major companies serving the global probiotics food & cosmetics market include Probi AB, Nestlé, Danone, Yakult Honsha Co., Ltd., and others. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers and acquisitions, partnerships, collaborations, funding, and new product launches, to stay competitive in the market. For instance, In 2021, Nestlé Health Science successfully acquired the core brands of the Bountiful Company, including Nature’s Bounty, Solgar, Osteo Bi-Flex, Puritan’s Pride, Ester-C, and Sundown.
The Report Covers
1.Report Summary
1.1.Research Methods and Tools
1.2.Market Breakdown
1.2.1.By Segments
1.2.2.By Region
2.Market Overview and Insights
2.1.Scope of the Report
2.2.Analyst Insight & Current Market Trends
2.2.1.Key Findings
2.2.2.Recommendations
2.2.3.Conclusion
3.Competitive Landscape
3.1.Key Company Analysis
3.1.1.Probi AB
3.1.1.1.Overview
3.1.1.2.Financial Analysis
3.1.1.3.SWOT Analysis
3.1.1.4.Recent Developments
3.1.2.Nestlé
3.1.2.1.Overview
3.1.2.2.Financial Analysis
3.1.2.3.SWOT Analysis
3.1.2.4.Recent Developments
3.1.3.Danone
3.1.3.1.Overview
3.1.3.2.Financial Analysis
3.1.3.3.SWOT Analysis
3.1.3.4.Recent Developments
3.1.4.Yakult Honsha Co., Ltd.
3.1.4.1.Overview
3.1.4.2.Financial Analysis
3.1.4.3.SWOT Analysis
3.1.4.4.Recent Developments
3.1.5.Kerry Group plc
3.1.5.1.Overview
3.1.5.2.Financial Analysis
3.1.5.3.SWOT Analysis
3.1.5.4.Recent Developments
3.2.Key Strategy Analysis
3.3.Impact of COVID-19 on Key Players
4.Market Segmentation
4.1.Global Probiotics Food & Cosmetics Market by Product Types
4.1.1.Probiotics Food and Beverages
4.1.2.Dietary Supplements
4.1.3.Cosmetics
4.2.Global Probiotics Food & Cosmetics Market by Ingredients
4.2.1.Bacteria
4.2.2.Yeast
4.3.Global Probiotics Food & Cosmetics Market by Distribution Channel
4.3.1.Hypermarkets/Supermarkets
4.3.2.Pharmacies/Drugstores
4.3.3.Specialty Stores
4.3.4.Online
5.Regional Analysis
5.1.North America
5.1.1.United States
5.1.2.Canada
5.2.Europe
5.2.1.UK
5.2.2.Germany
5.2.3.Italy
5.2.4.Spain
5.2.5.France
5.2.6.Rest of Europe
5.3.Asia-Pacific
5.3.1.China
5.3.2.India
5.3.3.Japan
5.3.4.South Korea
5.3.5.Rest of Asia-Pacific
5.4.Rest of the World
6.Company Profiles
6.1.Biomilk Skincare
6.2.Eminence Organic Skin Care
6.3.Lifeway Foods
6.4.Morinaga Milk Co., Ltd.
6.5.ProLact
6.6.Archer Daniels Midland Company
6.7.Aurelia London
6.8.DuPont de Nemours, Inc.
6.9.Sontuli pty ltd
6.10.Gallinée LTD
6.11.Dakota Biotech
6.12. L’Oréal Group
6.13.ADM Protexin ltd
6.14.TULA Life, Inc.
1.GLOBAL PROBIOTICS FOOD & COSMETICS MARKET RESEARCH AND ANALYSIS BY PRODUCT TYPES, 2021-2028 ($ MILLION)
2.GLOBAL PROBIOTICS FOOD & BEVERAGES MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
3.GLOBAL DIETARY SUPPLEMENTS IN PROBIOTICS FOOD & COSMETICS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
4.GLOBAL COSMETICS IN PROBIOTICS FOOD & COSMETICS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
5.GLOBAL PROBIOTICS FOOD & COSMETICS MARKET RESEARCH AND ANALYSIS BY INGREDIENTS, 2021-2028 ($ MILLION)
6.GLOBAL PROBIOTICS FOOD & COSMETICS BY BACTERIA MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
7.GLOBAL PROBIOTICS FOOD & COSMETICS BY YEAST MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
8.GLOBAL PROBIOTICS FOOD & COSMETICS MARKET RESEARCH AND ANALYSIS BY DISTRIBUTION CHANNEL, 2021-2028 ($ MILLION)
9.GLOBAL PROBIOTICS FOOD & COSMETICS BY HYPERMARKETS/SUPERMARKETS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
10.GLOBAL PROBIOTICS FOOD & COSMETICS BY PHARMACIES/DRUGSTORES MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
11.GLOBAL PROBIOTICS FOOD & COSMETICS BY SPECIALTY STORES MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
12.GLOBAL PROBIOTICS FOOD & COSMETICS BY ONLINE MARKET RESEARCH AND ANALYSIS BY GEOGRAPHY, 2021-2028 ($ MILLION)
13.NORTH AMERICAN PROBIOTICS FOOD & COSMETICS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
14.NORTH AMERICAN PROBIOTICS FOOD & COSMETICS MARKET RESEARCH AND ANALYSIS BY PRODUCT TYPES, 2021-2028 ($ MILLION)
15.NORTH AMERICAN PROBIOTICS FOOD & COSMETICS MARKET RESEARCH AND ANALYSIS BY INGREDIENTS, 2021-2028 ($ MILLION)
16.NORTH AMERICAN PROBIOTICS FOOD & COSMETICS MARKET RESEARCH AND ANALYSIS BY DISTRIBUTION CHANNEL, 2021-2028 ($ MILLION)
17.EUROPEAN PROBIOTICS FOOD & COSMETICS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
18.EUROPEAN PROBIOTICS FOOD & COSMETICS MARKET RESEARCH AND ANALYSIS BY PRODUCT TYPES, 2021-2028 ($ MILLION)
19.EUROPEAN PROBIOTICS FOOD & COSMETICS MARKET RESEARCH AND ANALYSIS BY INGREDIENTS, 2021-2028 ($ MILLION)
20.EUROPEAN PROBIOTICS FOOD & COSMETICS MARKET RESEARCH AND ANALYSIS BY DISTRIBUTION CHANNEL, 2021-2028 ($ MILLION)
21.ASIA-PACIFIC PROBIOTICS FOOD & COSMETICS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
22.ASIA-PACIFIC PROBIOTICS FOOD & COSMETICS MARKET RESEARCH AND ANALYSIS BY PRODUCT TYPES, 2021-2028 ($ MILLION)
23.ASIA-PACIFIC PROBIOTICS FOOD & COSMETICS MARKET RESEARCH AND ANALYSIS BY INGREDIENTS, 2021-2028 ($ MILLION)
ASIA-PACIFIC PROBIOTICS FOOD & COSMETICS MARKET RESEARCH AND ANALYSIS BY DISTRIBUTION CHANNEL, 2021-2028 ($ MILLION)
25.REST OF THE WORLD PROBIOTICS FOOD & COSMETICS MARKET RESEARCH AND ANALYSIS BY PRODUCT TYPES, 2021-2028 ($ MILLION)
26.REST OF THE WORLD PROBIOTICS FOOD & COSMETICS MARKET RESEARCH AND ANALYSIS BY INGREDIENTS, 2021-2028 ($ MILLION)
27.REST OF THE WORLD PROBIOTICS FOOD & COSMETICS MARKET RESEARCH AND ANALYSIS BY DISTRIBUTION CHANNEL, 2021-2028 ($ MILLION)
1.IMPACT OF COVID-19 ON GLOBAL PROBIOTICS FOOD & COSMETICS MARKET, 2021-2028 ($ MILLION)
2.IMPACT OF COVID-19 ON GLOBAL PROBIOTICS FOOD & COSMETICS MARKET BY SEGMENT, 2021-2028 ($ MILLION)
3.RECOVERY OF GLOBAL PROBIOTICS FOOD & COSMETICS MARKET, 2022-2028 (%)
4.GLOBAL PROBIOTICS FOOD & COSMETICS MARKET SHARE BY PRODUCT TYPES, 2021 VS 2028 (%)
5.GLOBAL PROBIOTICS FOOD AND BEVERAGES MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
6.GLOBAL DIETARY SUPPLEMENTS IN PROBIOTICS FOOD & COSMETICS MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
7.GLOBAL COSMETICS IN PROBIOTICS FOOD & COSMETICS MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
8.GLOBAL PROBIOTICS FOOD & COSMETICS MARKET SHARE BY INGREDIENTS, 2021 VS 2028 (%)
9.GLOBAL PROBIOTICS FOOD & COSMETICS BY BACTERIA MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
10.GLOBAL PROBIOTICS FOOD & COSMETICS BY YEAST MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
11.GLOBAL PROBIOTICS FOOD & COSMETICS MARKET SHARE BY DISTRIBUTION CHANNEL, 2021 VS 2028 (%)
12.GLOBAL PROBIOTICS FOOD & COSMETICS BY HYPERMARKETS/SUPERMARKETS MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
13.GLOBAL PROBIOTICS FOOD & COSMETICS BY PHARMACIES/DRUGSTORES MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
14.GLOBAL PROBIOTICS FOOD & COSMETICS BY SPECIALTY STORES MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
15.GLOBAL PROBIOTICS FOOD & COSMETICS BY ONLINE MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
16.GLOBAL PROBIOTICS FOOD & COSMETICS MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
17.US PROBIOTICS FOOD & COSMETICS MARKET SIZE, 2021-2028 ($ MILLION)
18.CANADA PROBIOTICS FOOD & COSMETICS MARKET SIZE, 2021-2028 ($ MILLION)
19.UK PROBIOTICS FOOD & COSMETICS MARKET SIZE, 2021-2028 ($ MILLION)
20.FRANCE PROBIOTICS FOOD & COSMETICS MARKET SIZE, 2021-2028 ($ MILLION)
21.GERMANY PROBIOTICS FOOD & COSMETICS MARKET SIZE, 2021-2028 ($ MILLION)
22.ITALY PROBIOTICS FOOD & COSMETICS MARKET SIZE, 2021-2028 ($ MILLION)
23.SPAIN PROBIOTICS FOOD & COSMETICS MARKET SIZE, 2021-2028 ($ MILLION)
24.REST OF EUROPE PROBIOTICS FOOD & COSMETICS MARKET SIZE, 2021-2028 ($ MILLION)
25.INDIA PROBIOTICS FOOD & COSMETICS MARKET SIZE, 2021-2028 ($ MILLION)
26.CHINA PROBIOTICS FOOD & COSMETICS MARKET SIZE, 2021-2028 ($ MILLION)
27.JAPAN PROBIOTICS FOOD & COSMETICS MARKET SIZE, 2021-2028 ($ MILLION)
28.SOUTH KOREA PROBIOTICS FOOD & COSMETICS MARKET SIZE, 2021-2028 ($ MILLION)
29.REST OF ASIA-PACIFIC PROBIOTICS FOOD & COSMETICS MARKET SIZE, 2021-2028 ($ MILLION)
30.REST OF THE WORLD PROBIOTICS FOOD & COSMETICS MARKET SIZE, 2021-2028 ($ MILLION)