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Probiotics Market

Global Probiotics Market Size, Share & Trends Analysis Report, By Ingredient Type (Bacteria and Yeast), By Application (Human Probiotics, Animal Feed Probiotics), and Forecast 2019-2025
    Update Available - Forecast 2024-2030   

Published: Jul 2023 | Report Code: OMR2020050 | Category : Food & Beverage | Delivery Format: /

The global probiotics market is anticipated to grow at a CAGR of 7.1% during the forecast period. The growing demand for functional food along with the nutrition health benefit offered by probiotics is anticipated to drive the growth of the market. Probiotics are beneficial to avoid/treat mental illness, digestive issues, neurological disorders and makes the immune system strong. Both human and animal probiotics are increasingly adopted across the globe owing to various health benefits and growing productivity in animals. Moreover, the growing demand for dietary supplements and food & beverages coupled with rising concerns regarding consumer health has contributed to the growth of the global probiotics industry. 

Probiotics strengthen the immune system and hence prevent various chronic diseases and the cost associated with it. Thus, the increasing awareness regarding healthcare is projected to anticipate the growth of the market. Awareness of preventive healthcare is on rise owing to various factors such as improving the standard of living, rising number of the aging population, and growing disposable income. However, regulations for the use of probiotics in nutricosmetics, nutraceuticals, and dietary supplements are extremely stringent in the US that presents a major challenge, especially for the regional market players. Further, the complex testing methods and selection criteria during the production process may hamper the growth of the probiotics industry.

Segmental outlook

The global probiotics market is segmented on the basis of ingredient type and application. Based on ingredient type, the market is segmented into bacteria and yeast. The probiotics bacteria further include lactobacilli, Bifidobacterium, and streptococcus; while yeast includes Saccharomyces and Boulardii. Most of the probiotics are bacteria, specifically lactobacillus or lactic acid bacteria. These are primarily used in fermented food such as sauerkraut, kefir, yogurt, and kimchi. Bacterial probiotics are also used in dietary supplements. Further, on the basis of application, the market is bifurcated into human probiotics (food & beverages and dietary food supplements), and animal feed probiotics.

Global Probiotics Market Share by Application, 2018 (%)

Global Probiotics Market Share by Application

Human Probiotics Holds a Lion’s Share in the Market

Based on the application, human probiotics held the largest share in the market. Human probiotics include food & beverages, and dietary supplements. Food & beverages are the major contributors to the segmental growth of the market. The growth is attributed to the increasing popularity of probiotics in functional food & beverages among consumers. Increasing concerns regarding health among consumers further give a boost to the segmental growth of the market. Moreover, animal feed probiotics are expected to exhibit considerable growth during the forecast period.

Regional Outlook 

The global probiotics market is further segmented on the basis of geography into North America, Europe, Asia-Pacific and the Rest of the World. Asia-Pacific is expected to hold a significant share in the market with China, Japan, and India being the major contributors. The market growth is attributed to the rising consumption of dairy products, the larger interest of middle-aged people to maintain optimal digestive health and growing consumer awareness regarding healthy lifestyles. Further, the region is expected to represent an immense opportunity for animal feed probiotics due to increasing concerns of the government regarding the health and productivity of farm animals.

Asia-Pacific to Have a Significant Rate in the Probiotics Market 

Asia-pacific is expected to contribute a significant market share in the global probiotics market owing to the increasing demand for enhanced personal health, increase in hectic lifestyle that results in a change in dietary that in turn has increased the prevalence of diseases such as diabetes, obesity, and heart diseases. This, in turn, increases the demand for probiotics products in the region. Further, the region has witnessed new product launch by market participants, which further gives a boost to the regional growth of the market. For instance, in February 2018, the Yakult Danone established signature probiotics drinks in India.

Market Players Outlook

Some of the key players in operating in the market include Danone SA, Nestle SA, Yakult Honsha Co. Ltd., Chr. Hansen Holdings A/S, BioGia AB, and others. The players are focusing on both humans as well as animal probiotics to stay competitive in the market. The players compete on factors such as price, quality, innovation, and distribution. Additionally, regional, global, and local economic conditions and demographic trends affect the businesses across the globe. 

Merger and acquisition and product launch are among the key corporate strategies that are adopted by the market players. For instance, UAS Laboratories LLC in April 2018, announced to acquire Nebraska Cultures, Inc. a company involved in custom-manufactured probiotic solutions including the DDS-1 strain of Lactobacillus acidophilus and the ProDURA brand of spore-based probiotics. With this acquisition, the company aimed to accelerate its growth in the fast-growing probiotic industry.

The Report Covers

  • Market value data analysis of 2018 and forecast to 2025.
  • Annualized market revenues ($ million) for each market segment.
  • Country-wise analysis of major geographical regions.
  • Key companies operating in the global probiotics market. Based on the availability of data, information related to products, and relevant news is also available in the report.
  • Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
  • Analysis of market-entry and market expansion strategies.
  • Competitive by identifying ‘who-stands-where’ in the market.

1. Report Summary 

1.1. Research Methods and Tools

1.2. Market Breakdown 

1.2.1. By Segments

1.2.2. By Geography

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

2.3. Rules & Regulations

3. Competitive Landscape

3.1. Competitive Dashboard

3.2. Key Strategy Analysis

3.3. Key Company Analysis

3.3.1. Danone SA

3.3.1.1. Overview

3.3.1.2. Financial Analysis

3.3.1.3. SWOT Analysis

3.3.1.4. Recent Developments

3.3.2. Nestle SA

3.3.2.1. Overview

3.3.2.2. Financial Analysis

3.3.2.3. SWOT Analysis

3.3.2.4. Recent Developments

3.3.3. Yakult Honsha Co. Ltd.

3.3.3.1. Overview

3.3.3.2. Financial Analysis

3.3.3.3. SWOT Analysis

3.3.3.4. Recent Developments

3.3.4. Chr. Hansen Holding A/S

3.3.4.1. Overview

3.3.4.2. Financial Analysis

3.3.4.3. SWOT Analysis

3.3.4.4. Recent Developments

3.3.5. BioGaia AB

3.3.5.1. Overview

3.3.5.2. Financial Analysis

3.3.5.3. SWOT Analysis

3.3.5.4. Recent Developments

4. Market Determinants 

4.1. Motivators

4.2. Restraints

4.3. Opportunities 

5. Market Segmentation

5.1. Global Probiotics Market by Ingredient Type

5.1.1. Bacteria

5.1.2. Yeast

5.2. Global Probiotics Market by Application

5.2.1. Human Probiotics

5.2.1.1. Probiotics Food & Beverages 

5.2.1.2. Probiotics Dietary Supplements

5.2.2. Animal Feed Probiotics

6. Regional Analysis

6.1. North America

6.1.1. US

6.1.2. Canada

6.2. Europe

6.2.1. UK

6.2.2. Germany

6.2.3. Italy

6.2.4. Spain

6.2.5. France

6.2.6. Rest of Europe

6.3. Asia-Pacific

6.3.1. China

6.3.2. India

6.3.3. Japan

6.3.4. Rest of Asia-Pacific

6.4. Rest of the World

7. Company Profiles

7.1. Archer Daniels Midland Co. 

7.2. Arla Foods

7.3. Bifodan A/S

7.4. Biogaia AB

7.5. Chr. Hansen Holdings A/S

7.6. Danone SA

7.7. Danisco A/S (A DuPont Company)

7.8. glac Biotech Group

7.9. Kerry Group PLC

7.10. Lallemand Inc.

7.11. Lifeway Foods Inc.

7.12. Morinaga Milk Industry Co., Ltd.

7.13. Nestle S.A.

7.14. Probi AB

7.15. UAS Laboratories LLC

7.16. Yakult Honsha Co. ltd.

1. GLOBAL PROBIOTICS MARKET RESEARCH AND ANALYSIS BY INGREDIENT TYPE, 2018-2025 ($ MILLION)

2. GLOBAL BACTERIA PROBIOTICS MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)

3. GLOBAL YEAST PROBIOTICS MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)

4. GLOBAL PROBIOTICS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2018-2025 ($ MILLION)

5. GLOBAL HUMAN PROBIOTICS MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)

6. GLOBAL ANIMAL FEED PROBIOTICS MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)

7. GLOBAL PROBIOTICS MARKET RESEARCH AND ANALYSIS BY GEOGRAPHY, 2018-2025 ($ MILLION)

8. NORTH AMERICAN PROBIOTICS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2018-2025 ($ MILLION)

9. NORTH AMERICAN PROBIOTICS MARKET RESEARCH AND ANALYSIS BY INGREDIENT TYPE, 2018-2025 ($ MILLION)

10. NORTH AMERICAN PROBIOTICS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2018-2025 ($ MILLION)

11. EUROPEAN PROBIOTICS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2018-2025 ($ MILLION)

12. EUROPEAN PROBIOTICS MARKET RESEARCH AND ANALYSIS BY INGREDIENT TYPE, 2018-2025 ($ MILLION)

13. ASIA-PACIFIC PROBIOTICS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2018-2025 ($ MILLION)

14. ASIA-PACIFIC PROBIOTICS MARKET RESEARCH AND ANALYSIS BY INGREDIENT TYPE, 2018-2025 ($ MILLION)

15. ASIA-PACIFIC PROBIOTICS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2018-2025 ($ MILLION)

16. REST OF THE WORLD PROBIOTICS MARKET RESEARCH AND ANALYSIS BY INGREDIENT TYPE, 2018-2025 ($ MILLION)

17. REST OF THE WORLD PROBIOTICS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2018-2025 ($ MILLION)

1. GLOBAL PROBIOTICS MARKET SHARE BY INGREDIENT TYPE, 2018 VS 2025 (%)

2. GLOBAL PROBIOTICS MARKET SHARE BY APPLICATION, 2018 VS 2025 (%)

3. GLOBAL PROBIOTICS MARKET SHARE BY GEOGRAPHY, 2018 VS 2025 (%)

4. US PROBIOTICS MARKET SIZE, 2018-2025 ($ MILLION)

5. CANADA PROBIOTICS MARKET SIZE, 2018-2025 ($ MILLION)

6. UK PROBIOTICS MARKET SIZE, 2018-2025 ($ MILLION)

7. FRANCE PROBIOTICS MARKET SIZE, 2018-2025 ($ MILLION)

8. GERMANY PROBIOTICS MARKET SIZE, 2018-2025 ($ MILLION)

9. ITALY PROBIOTICS MARKET SIZE, 2018-2025 ($ MILLION)

10. SPAIN PROBIOTICS MARKET SIZE, 2018-2025 ($ MILLION)

11. ROE PROBIOTICS MARKET SIZE, 2018-2025 ($ MILLION)

12. INDIA PROBIOTICS MARKET SIZE, 2018-2025 ($ MILLION)

13. CHINA PROBIOTICS MARKET SIZE, 2018-2025 ($ MILLION)

14. JAPAN PROBIOTICS MARKET SIZE, 2018-2025 ($ MILLION)

15. REST OF ASIA-PACIFIC PROBIOTICS MARKET SIZE, 2018-2025 ($ MILLION)

16. REST OF THE WORLD PROBIOTICS MARKET SIZE, 2018-2025 ($ MILLION)

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