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Global Probiotics Market 2022
Probiotics are live microorganisms that are intended to have health benefits when consumed or applied to the body. They are considered generally safe to consume, but may cause bacteria-host interactions and unwanted side effects in rare cases. Processed probiotics are also widely used in beauty products to target the skin microbiome. According to a report by StrategyHelix, the global probiotics market is set to increase by US$ 30.6 billion during 2022-2028, growing at a CAGR of 7.1% during the forecast period.
The report provides up-to-date market size data for period 2018-2021 and forecast to 2028 covering key market aspects like sales value for probiotics. The global probiotics market is segmented on the basis of ingredient, function, application, sales channel, end use, and region. On the basis of ingredient, the global probiotics market has been segmented into lactobacillus, bifidobacterium, streptococcus, bacillus, others. The lactobacillus segment is estimated to account for the largest share of the global probiotics market. By function, the global probiotics market has been segmented into regular, therapy. The regular segment held the largest revenue share in 2021. Based on application, the global probiotics market is categorized into food and beverage, dietary supplements, animal feed. On the basis of sales channel, the global probiotics market has been segmented into hypermarkets and supermarkets, pharmacies and drug stores, online channels, specialty stores, others. The hypermarkets and supermarkets segment was the largest contributor to the global probiotics market in 2021. By end use, the global probiotics market has been segmented into human probiotics, animal probiotics. Geographically, the global probiotics market is segmented into Asia Pacific, Europe, North America, MEA (Middle East and Africa), Latin America.
The food and beverage market is further segmented into bakery and confectionery, dairy products, infant formula, non-dairy beverages, and others. The dairy products segment held the largest share of the global probiotics market in 2021 and is anticipated to hold its share during the forecast period.
The global probiotics market is highly competitive. The leading players in the probiotics market include BioGaia AB, Calpis Co.Ltd., Chobani LLC, Chr. Hansen A/S, Danone S.A., DuPont de Nemours Inc., Estee Lauder Companies, Ganeden Inc., Kikkoman Corporation, Lallemand Inc., Lifeway Foods Inc., L’Oreal SA, Megmilk Snow Brand Co. Ltd., Meiji Holdings Co. Ltd., Morinaga Milk Industry Co. Ltd., Nestle S.A., Probi AB, Protexin Inc., Sabinsa Corporation, Stonyfield Farm Inc., Unilever plc, Yakult Honsha Co. Ltd.
The report is an invaluable resource for companies and organizations active in this industry. It provides a cohesive picture of the probiotics market to help drive informed decision making for industry executives, policy makers, academic, and analysts.
Ingredient: lactobacillus, bifidobacterium, streptococcus, bacillus, others
Function: regular, therapy
Application: food and beverage, dietary supplements, animal feed
Sales channel: hypermarkets and supermarkets, pharmacies and drug stores, online channels, specialty stores, others
End use: human probiotics, animal probiotics
Region: Asia Pacific, Europe, North America, MEA (Middle East and Africa), Latin America
Years considered: this report covers the period 2018 to 2028
Key Benefits for Stakeholders
– Get a comprehensive picture of the global probiotics market
– Identify regional strategies and strategic priorities on the basis of local data
– Pinpoint growth sectors and trends for investment
Table of Contents
Part 1. Introduction
– Scope of the study
– Study period
– Geographical scope
– Research methodology
Part 2. Probiotics market overview
Part 3. Market breakdown by ingredient
Part 4. Market breakdown by function
Part 5. Market breakdown by application
– Food and beverage
– Dietary supplements
– Animal feed
Part 6. Market breakdown by sales channel
– Hypermarkets and supermarkets
– Pharmacies and drug stores
– Online channels
– Specialty stores
Part 7. Market breakdown by end use
– Human probiotics
– Animal probiotics
Part 8. Market breakdown by region
– Asia Pacific
– North America
– MEA (Middle East and Africa)
– Latin America
Part 9. Key companies
– BioGaia AB
– Calpis Co.,Ltd.
– Chobani, LLC
– Chr. Hansen A/S
– Danone S.A.
– DuPont de Nemours, Inc.
– Estee Lauder Companies
– Ganeden, Inc.
– Kikkoman Corporation
– Lallemand Inc.
– Lifeway Foods, Inc.
– L’Oreal SA
– Megmilk Snow Brand Co., Ltd.
– Meiji Holdings Co., Ltd.
– Morinaga Milk Industry Co., Ltd.
– Nestle S.A.
– Probi AB
– Protexin Inc.
– Sabinsa Corporation
– Stonyfield Farm, Inc.
– Unilever plc
– Yakult Honsha Co., Ltd.