Global Probiotics Market Forecast 2022-2030

Global Probiotics Market Forecast 2022-2030

KEY FINDINGS

The global probiotics market is expected to grow with an 8.51% CAGR during the forecast period between 2022 and 2030. The growing use of preventive healthcare products, novel formulations of probiotics, and the rising threat of antibiotic resistance drive the growth of the global probiotics market.

MARKET INSIGHTS

The demand for probiotics is rapidly increasing globally, owing to probiotic-fortified foods’ multi-functionality and health benefits. There is also a surge in the use of probiotics due to the rising consumer awareness about its benefits in regular diets. Further, the demand for probiotics in these foods is projected to remain high due to the consumers’ willingness to purchase probiotics-incorporated premium products.

As their consumer acceptance is increasing, more and more manufacturers are coming up with consumer-specific novel technologies. Companies are developing probiotic drops fortified with vitamins that can easily be ingested or mixed in a toddler’s meal. Many infant formulas are available with probiotics to ease colic pain. Similarly, for dental and digestive health in dogs, companies have introduced dental sticks that dogs can easily chew. Innovative products with clever marketing strategies are expected to be probiotic market drivers.

REGIONAL INSIGHT

The global probiotics market growth evaluation entails the analysis of Asia-Pacific, Europe, North America, and Rest of World. Asia-Pacific has the fastest-growing CAGR in the market owing to the improving living standards, growing disposable income, and consumer acceptance of functional foods.

COMPETITIVE INSIGHTS

The probiotic products market is highly fragmented and dynamic. Many competitors have a diversified portfolio, leading to fierce industry competition. Brand identity also plays a major role in consumer preference as they find it synonymous with good product quality. Many companies are investing heavily in their R&D departments to introduce novel products in the market to stay ahead in the game. As a result, the industry rivalry is high.

Some leading market players include Biogaia AB, Kerry Group PLC, Nestle Inc, Pharmacare Laboratories PTY Ltd, Jarrow Formulas Inc, etc.

Our report offerings include:
• Explore key findings of the overall market
• Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
• Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
• Market Segmentation caters to a thorough assessment of key segments with their market estimations
• Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
• Key analytics: Porter’s Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
• Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
• Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments


1. Research Scope & Methodology
1.1. Study Objectives
1.2. Scope Of Study
1.3. Methodology
1.4. Assumptions & Limitations
2. Executive Summary
2.1. Market Size & Estimates
2.2. Market Overview
3. Market Dynamics
3.1. Key Drivers
3.1.1. Growing Use Of Preventive Healthcare Among Consumers
3.1.2. Novel Formulation And Product Delivery Of Probiotics
3.1.3. Rising Threat Of Antibiotic Resistance
3.2. Key Restraints
3.2.1. Labelling And Regulatory Constraints
3.2.2. Product Viability During Transport And Storage
4. Key Analytics
4.1. Impact Of Covid-19 On Probiotics Market
4.2. Key Market Trends
4.3. Porter’s Five Forces Analysis
4.3.1. Buyers Power
4.3.2. Suppliers Power
4.3.3. Substitution
4.3.4. New Entrants
4.3.5. Industry Rivalry
4.4. Opportunity Matrix
4.5. Vendor Landscape
4.6. Value Chain Analysis
4.7. Key-buying Criteria
4.7.1. Regulatory Certifications
4.7.2. Brand Name
4.7.3. Intended End-use
4.7.4. Availability
4.8. Regulatory Framework
5. Market By Source
5.1. Plant-based Products
5.2. Animal-based Products
6. Market By Strain
6.1. Bacteria
6.1.1. Lactobacillus Spp
6.1.2. Bifidobacterium Spp
6.1.3. Other Bacteria
6.2. Yeast
7. Market By Application
7.1. Probiotic Foods
7.1.1. Yogurt
7.1.2. Bakery / Breakfast Cereals
7.1.3. Infant Formula
7.1.4. Confectionery
7.1.5. Other Probiotic Foods
7.2. Probiotic Drinks
7.2.1. Fruit-based Probiotic Drinks
7.2.2. Diary-based Probiotic Drinks
7.2.3. Other Probiotic Drinks
7.3. Dietary Supplements
7.3.1. Capsules
7.3.2. Powders
7.3.3. Chewables & Gummies
7.3.4. Other Dietary Supplements
7.4. Cosmetics
7.5. Veterinary Health
8. Market By Distribution Channel
8.1. Offline Channels
8.1.1. Supermarkets
8.1.2. Pharmacies
8.1.3. Convenience Stores
8.1.4. Other Offline Channels
8.2. Online Channels
9. Geographical Analysis
9.1. North America
9.1.1. Market Size & Estimates
9.1.2. Key Growth Enablers
9.1.3. Key Challenges
9.1.4. Key Players
9.1.5. Country Analysis
9.1.5.1. United States
9.1.5.2. Canada
9.2. Europe
9.2.1. Market Sizes & Estimates
9.2.2. Key Growth Enablers
9.2.3. Key Challenges
9.2.4. Key Players
9.2.5. Country Analysis
9.2.5.1. United Kingdom
9.2.5.2. Germany
9.2.5.3. France
9.2.5.4. Italy
9.2.5.5. Spain
9.2.5.6. Belgium
9.2.5.7. Poland
9.2.5.8. Rest Of Europe
9.3. Asia-pacific
9.3.1. Market Sizes & Estimates
9.3.2. Key Growth Enablers
9.3.3. Key Challenges
9.3.4. Key Players
9.3.5. Country Analysis
9.3.5.1. China
9.3.5.2. Japan
9.3.5.3. India
9.3.5.4. South Korea
9.3.5.5. Singapore
9.3.5.6. Thailand
9.3.5.7. Australia & New Zealand
9.3.5.8. Rest Of Asia-pacific
9.4. Rest Of World
9.4.1. Market Sizes & Estimates
9.4.2. Key Growth Enablers
9.4.3. Key Challenges
9.4.4. Key Players
9.4.5. Regional Analysis
9.4.5.1. Latin America
9.4.5.2. Middle East & Africa
10. Competitive Landscape
10.1. Key Strategic Developments
10.1.1. Mergers & Acquisitions
10.1.2. Product Launches & Developments
10.1.3. Partnerships & Agreements
10.2. Company Profiles
10.2.1. Biogaia Ab
10.2.2. Chr Hansen Holding A/S
10.2.3. Church & Dwight Co Inc
10.2.4. Danone Sa
10.2.5. General Mills Inc
10.2.6. I-health Inc
10.2.7. Jarrow Formulas Inc
10.2.8. Kerry Group Plc
10.2.9. Kevita Inc
10.2.10. Lifeway Foods Inc
10.2.11. Nestle Inc
10.2.12. Pharmacare Laboratories Pty Ltd
10.2.13. Probi Ab
10.2.14. The Clorox Company
10.2.15. Yakult Honsha Co Ltd

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook
Cookie Settings