The global Probiotics market size is expected to be worth around US$ 120.25 billion by 2030, according to a new report by Vision Research Reports.
The global Probiotics market size was valued at US$ 60.77 billion in 2020 and is anticipated to grow at a CAGR of 10.2% during forecast period 2021 to 2030.
Get Sample Copy of This Report (Including TOC, List of Tables & Figures, and Chart)@ https://www.visionresearchreports.com/report/sample/38452
Growth Factors
Increasing prominence of preventive healthcare is among the major driving factors propelling the demand for probiotics across the globe. The considerable production and consumption of probiotics are complemented by innovations in probiotics by key players, most notably in countries such as China, Japan, and India.
Following the growing demand for probiotics, key market participants have been investing in R&D activities to develop efficient probiotic strains. The probiotics industry has also witnessed advancements in delivery systems to enhance the delivery of probiotics in humans and animals Such developments are expected to emerge as a trend in the industry over the forecast period. In developed countries such as the U.S., probiotics are sold mainly in the form of dietary supplements. The demand for probiotic nutritional supplements has been spurred by the growing aging population and increased consumer interest in preventive healthcare.
Report Highlights
The probiotic food & beverages segment led the global market in 2020 with a revenue share of more than 89% in 2020. On the basis of product, the market is segmented into probiotic food & beverages, probiotic dietary supplements, and animal feed probiotics.
The bacteria segment led the global market in 2020 with a revenue share of more than 94%. By ingredient, the market is bifurcated into bacteria and yeast. The bacteria segment is further divided into lactobacilli, Bifidobacterium, streptococcus, and others, while yeast is classified intoSaccharomyces Boulardii, and others.
The hypermarket/supermarket segment led the global market in 2020 with a revenue share of more than 41%. On the basis of distribution channel, the market has been broadly classified into four categories, namely, hypermarkets/supermarkets, pharmacies/drugstores, specialty stores, and online stores. Supermarkets/hypermarkets are a popular channel for the purchase of protein-based supplement products due to the convenience of shopping and the availability of multiple brands.
The human probiotics segment led the global market in 2020 with a revenue share of more than 101%.On the basis of end use, the market has been broadly classified into human and animal probiotics. Technological advancements with respect to human-grade probiotics have broadened the scope of the products fit for human consumption. This is in reaction to the integration of novel food-grade ingredients in juices and other non-milk-based applications by prominent market players.
Asia Pacific led the global market with a revenue share of over 51.9% in 2020. The region is witnessing a substantial rise in consumer awareness due to competitive strategies adopted by the global players. Strong demand from countries, such as India, China as well as Australia, is contributing to the overall growth. The rising population coupled with the rising disposable income and standards of living is also expected to cater to the regional market growth
Key Players
| Report Coverage | Details |
| Market Size | US$ 120.25 billion by 2030 |
| Growth Rate | CAGR of 10.2% From 2021 to 2030 |
| Base Year | 2020 |
| Historic Data | 2017 to 2020 |
| Forecast Period | 2021 to 2030 |
| Segments Covered | Product, Ingredient, End use, Distribution Channel, |
| Regional Scope | North America, Europe, Asia Pacific, Latin America, Middle East & Africa |
| Companies Mentioned | Arla Foods, Inc.; BioGaia AB; Chr. Hansen Holding A/S; Danone; Danisco A/S; General Mills Inc.; i-Health Inc.; Lallemand Inc.; Lifeway Foods, Inc.; Mother Dairy Fruit & Vegetable Pvt. Ltd.; Kerry; Nestle S.A.; Probi; Yakult Honsha Co., Ltd. |
Market Segmentation
Table of Contents
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. Market Dynamics Analysis and Trends
5.1. Market Dynamics
5.1.1. Market Drivers
5.1.2. Market Restraints
5.1.3. Market Opportunities
5.2. Porter’s Five Forces Analysis
5.2.1. Bargaining power of suppliers
5.2.2. Bargaining power of buyers
5.2.3. Threat of substitute
5.2.4. Threat of new entrants
5.2.5. Degree of competition
Chapter 6. Competitive Landscape
6.1.1. Company Market Share/Positioning Analysis
6.1.2. Key Strategies Adopted by Players
6.1.3. Vendor Landscape
6.1.3.1. List of Suppliers
6.1.3.2. List of Buyers
Chapter 7. Global Probiotics Market, By Product
7.1. Probiotics Market, by Product, 2020-2030
7.1.1. Probiotic Food & Beverages
7.1.1.1. Market Revenue and Forecast (2017-2030)
7.1.2. Probiotic Dietary Supplements
7.1.2.1. Market Revenue and Forecast (2017-2030)
7.1.3. Animal Feed Probiotics
7.1.3.1. Market Revenue and Forecast (2017-2030)
Chapter 8. Global Probiotics Market, By Ingredient
8.1. Probiotics Market, by Ingredient, 2020-2030
8.1.1. Bacteria
8.1.1.1. Market Revenue and Forecast (2017-2030)
8.1.2. Yeast
8.1.2.1. Market Revenue and Forecast (2017-2030)
Chapter 9. Global Probiotics Market, By End User
9.1. Probiotics Market, by End User, 2020-2030
9.1.1. Human Probiotics
9.1.1.1. Market Revenue and Forecast (2017-2030)
9.1.2. Animal Probiotics
9.1.2.1. Market Revenue and Forecast (2017-2030)
Chapter 10. Global Probiotics Market, By Distribution Channel
10.1. Probiotics Market, by Distribution Channel, 2020-2030
10.1.1. Hypermarkets/Supermarkets
10.1.1.1. Market Revenue and Forecast (2017-2030)
10.1.2. Pharmacies/Drug stores
10.1.2.1. Market Revenue and Forecast (2017-2030)
10.1.3. Specialty Stores
10.1.3.1. Market Revenue and Forecast (2017-2030)
10.1.4. Online Stores
10.1.4.1. Market Revenue and Forecast (2017-2030)
Chapter 11. Global Probiotics Market, Regional Estimates and Trend Forecast
11.1. North America
11.1.1. Market Revenue and Forecast, by Product (2017-2030)
11.1.2. Market Revenue and Forecast, by Ingredient (2017-2030)
11.1.3. Market Revenue and Forecast, by End User (2017-2030)
11.1.4. Market Revenue and Forecast, by Distribution Channel (2017-2030)
11.1.5. U.S.
11.1.5.1. Market Revenue and Forecast, by Product (2017-2030)
11.1.5.2. Market Revenue and Forecast, by Ingredient (2017-2030)
11.1.5.3. Market Revenue and Forecast, by End User (2017-2030)
11.1.5.4. Market Revenue and Forecast, by Distribution Channel (2017-2030)
11.1.6. Rest of North America
11.1.6.1. Market Revenue and Forecast, by Product (2017-2030)
11.1.6.2. Market Revenue and Forecast, by Ingredient (2017-2030)
11.1.6.3. Market Revenue and Forecast, by End User (2017-2030)
11.1.6.4. Market Revenue and Forecast, by Distribution Channel (2017-2030)
11.2. Europe
11.2.1. Market Revenue and Forecast, by Product (2017-2030)
11.2.2. Market Revenue and Forecast, by Ingredient (2017-2030)
11.2.3. Market Revenue and Forecast, by End User (2017-2030)
11.2.4. Market Revenue and Forecast, by Distribution Channel (2017-2030)
11.2.5. UK
11.2.5.1. Market Revenue and Forecast, by Product (2017-2030)
11.2.5.2. Market Revenue and Forecast, by Ingredient (2017-2030)
11.2.5.3. Market Revenue and Forecast, by End User (2017-2030)
11.2.5.4. Market Revenue and Forecast, by Distribution Channel (2017-2030)
11.2.6. Germany
11.2.6.1. Market Revenue and Forecast, by Product (2017-2030)
11.2.6.2. Market Revenue and Forecast, by Ingredient (2017-2030)
11.2.6.3. Market Revenue and Forecast, by End User (2017-2030)
11.2.6.4. Market Revenue and Forecast, by Distribution Channel (2017-2030)
11.2.7. France
11.2.7.1. Market Revenue and Forecast, by Product (2017-2030)
11.2.7.2. Market Revenue and Forecast, by Ingredient (2017-2030)
11.2.7.3. Market Revenue and Forecast, by End User (2017-2030)
11.2.7.4. Market Revenue and Forecast, by Distribution Channel (2017-2030)
11.2.8. Rest of Europe
11.2.8.1. Market Revenue and Forecast, by Product (2017-2030)
11.2.8.2. Market Revenue and Forecast, by Ingredient (2017-2030)
11.2.8.3. Market Revenue and Forecast, by End User (2017-2030)
11.2.8.4. Market Revenue and Forecast, by Distribution Channel (2017-2030)
11.3. APAC
11.3.1. Market Revenue and Forecast, by Product (2017-2030)
11.3.2. Market Revenue and Forecast, by Ingredient (2017-2030)
11.3.3. Market Revenue and Forecast, by End User (2017-2030)
11.3.4. Market Revenue and Forecast, by Distribution Channel (2017-2030)
11.3.5. India
11.3.5.1. Market Revenue and Forecast, by Product (2017-2030)
11.3.5.2. Market Revenue and Forecast, by Ingredient (2017-2030)
11.3.5.3. Market Revenue and Forecast, by End User (2017-2030)
11.3.5.4. Market Revenue and Forecast, by Distribution Channel (2017-2030)
11.3.6. China
11.3.6.1. Market Revenue and Forecast, by Product (2017-2030)
11.3.6.2. Market Revenue and Forecast, by Ingredient (2017-2030)
11.3.6.3. Market Revenue and Forecast, by End User (2017-2030)
11.3.6.4. Market Revenue and Forecast, by Distribution Channel (2017-2030)
11.3.7. Japan
11.3.7.1. Market Revenue and Forecast, by Product (2017-2030)
11.3.7.2. Market Revenue and Forecast, by Ingredient (2017-2030)
11.3.7.3. Market Revenue and Forecast, by End User (2017-2030)
11.3.7.4. Market Revenue and Forecast, by Distribution Channel (2017-2030)
11.3.8. Rest of APAC
11.3.8.1. Market Revenue and Forecast, by Product (2017-2030)
11.3.8.2. Market Revenue and Forecast, by Ingredient (2017-2030)
11.3.8.3. Market Revenue and Forecast, by End User (2017-2030)
11.3.8.4. Market Revenue and Forecast, by Distribution Channel (2017-2030)
11.4. MEA
11.4.1. Market Revenue and Forecast, by Product (2017-2030)
11.4.2. Market Revenue and Forecast, by Ingredient (2017-2030)
11.4.3. Market Revenue and Forecast, by End User (2017-2030)
11.4.4. Market Revenue and Forecast, by Distribution Channel (2017-2030)
11.4.5. GCC
11.4.5.1. Market Revenue and Forecast, by Product (2017-2030)
11.4.5.2. Market Revenue and Forecast, by Ingredient (2017-2030)
11.4.5.3. Market Revenue and Forecast, by End User (2017-2030)
11.4.5.4. Market Revenue and Forecast, by Distribution Channel (2017-2030)
11.4.6. North Africa
11.4.6.1. Market Revenue and Forecast, by Product (2017-2030)
11.4.6.2. Market Revenue and Forecast, by Ingredient (2017-2030)
11.4.6.3. Market Revenue and Forecast, by End User (2017-2030)
11.4.6.4. Market Revenue and Forecast, by Distribution Channel (2017-2030)
11.4.7. South Africa
11.4.7.1. Market Revenue and Forecast, by Product (2017-2030)
11.4.7.2. Market Revenue and Forecast, by Ingredient (2017-2030)
11.4.7.3. Market Revenue and Forecast, by End User (2017-2030)
11.4.7.4. Market Revenue and Forecast, by Distribution Channel (2017-2030)
11.4.8. Rest of MEA
11.4.8.1. Market Revenue and Forecast, by Product (2017-2030)
11.4.8.2. Market Revenue and Forecast, by Ingredient (2017-2030)
11.4.8.3. Market Revenue and Forecast, by End User (2017-2030)
11.4.8.4. Market Revenue and Forecast, by Distribution Channel (2017-2030)
11.5. Latin America
11.5.1. Market Revenue and Forecast, by Product (2017-2030)
11.5.2. Market Revenue and Forecast, by Ingredient (2017-2030)
11.5.3. Market Revenue and Forecast, by End User (2017-2030)
11.5.4. Market Revenue and Forecast, by Distribution Channel (2017-2030)
11.5.5. Brazil
11.5.5.1. Market Revenue and Forecast, by Product (2017-2030)
11.5.5.2. Market Revenue and Forecast, by Ingredient (2017-2030)
11.5.5.3. Market Revenue and Forecast, by End User (2017-2030)
11.5.5.4. Market Revenue and Forecast, by Distribution Channel (2017-2030)
11.5.6. Rest of LATAM
11.5.6.1. Market Revenue and Forecast, by Product (2017-2030)
11.5.6.2. Market Revenue and Forecast, by Ingredient (2017-2030)
11.5.6.3. Market Revenue and Forecast, by End User (2017-2030)
11.5.6.4. Market Revenue and Forecast, by Distribution Channel (2017-2030)
Chapter 12. Company Profiles
12.1. Arla Foods, Inc.
12.1.1. Company Overview
12.1.2. Product Offerings
12.1.3. Financial Performance
12.1.4. Recent Initiatives
12.2. BioGaia AB
12.2.1. Company Overview
12.2.2. Product Offerings
12.2.3. Financial Performance
12.2.4. Recent Initiatives
12.3. Chr. Hansen Holding A/S
12.3.1. Company Overview
12.3.2. Product Offerings
12.3.3. Financial Performance
12.3.4. Recent Initiatives
12.4. Danone
12.4.1. Company Overview
12.4.2. Product Offerings
12.4.3. Financial Performance
12.4.4. Recent Initiatives
12.5. Danisco A/S
12.5.1. Company Overview
12.5.2. Product Offerings
12.5.3. Financial Performance
12.5.4. Recent Initiatives
12.6. General Mills, Inc.
12.6.1. Company Overview
12.6.2. Product Offerings
12.6.3. Financial Performance
12.6.4. Recent Initiatives
12.7. i-Health, Inc.
12.7.1. Company Overview
12.7.2. Product Offerings
12.7.3. Financial Performance
12.7.4. Recent Initiatives
12.8. Lallemand, Inc.
12.8.1. Company Overview
12.8.2. Product Offerings
12.8.3. Financial Performance
12.8.4. Recent Initiatives
12.9. Lifeway Foods, Inc.
12.9.1. Company Overview
12.9.2. Product Offerings
12.9.3. Financial Performance
12.9.4. Recent Initiatives
12.10. Mother Dairy Fruit & Vegetable Pvt. Ltd.
12.10.1. Company Overview
12.10.2. Product Offerings
12.10.3. Financial Performance
12.10.4. Recent Initiatives
12.11. Kerry
12.11.1. Company Overview
12.11.2. Product Offerings
12.11.3. Financial Performance
12.11.4. Recent Initiatives
12.12. Nestle S.A.
12.12.1. Company Overview
12.12.2. Product Offerings
12.12.3. Financial Performance
12.12.4. Recent Initiatives
12.13. Probi
12.13.1. Company Overview
12.13.2. Product Offerings
12.13.3. Financial Performance
12.13.4. Recent Initiatives
12.14. Yakult Honsha Co., Ltd.
12.14.1. Company Overview
12.14.2. Product Offerings
12.14.3. Financial Performance
12.14.4. Recent Initiatives
Chapter 13. Research Methodology
13.1. Primary Research
13.2. Secondary Research
13.3. Assumptions
Chapter 14. Appendix
14.1. About Us
Glossary of Terms
Buy This Premium Research Report, click here@ https://www.visionresearchreports.com/report/cart/38452 or call: +1 9197 992 333
Vision Research Report, Recently Announced New Report on "Smart Lock market - Global Industry Analysis,…
Vision Research Report, Recently Announced New Report on "2D barcode reader market - Global Industry…
Vision Research Report, Recently Announced New Report on "commercial refrigeration equipment market - Global Industry…
Vision Research Report, Recently Announced New Report on "Restaurant Point-of-Sale Terminal market - Global Industry…
Vision Research Report, Recently Announced New Report on "vacuum cleaner market- Global Industry Analysis, Market…
Vision Research Report, Recently Announced New Report on "household refrigerators and freezers market - Global…