North America Probiotics Market Size, Share & Trends Analysis Report By Ingredient (Bacteria, and Yeast), By Product, By End-use (Human, and Animal), By Distribution Channel, By Country and Growth Forecast, 2023 - 2030
The North America Probiotics Market would witness market growth of 6.4% CAGR during the forecast period (2023-2030).
While the roots of probiotics lie in their impact on digestive health, their applications have expanded far beyond the gastrointestinal tract. Probiotics are now recognized for their versatility, influencing diverse physiological systems and contributing multifaceted health benefits. The foundational application of probiotics lies in maintaining a healthy balance of gut microflora. Probiotics, through their ability to modulate the gut microbiome, contribute to improved digestion, nutrient absorption, and the prevention of gastrointestinal issues.
Furthermore, a burgeoning area of probiotic research focuses on the intricate relationship between gut health and immune function. Probiotics are acknowledged for their potential to bolster the immune system, providing a proactive approach to immune support and reducing susceptibility to infections. Emerging research suggests a bidirectional communication system between the gut and the brain called the gut-brain axis. Probiotics may play a role in influencing mental health and mood, with implications for conditions such as anxiety and depression.
A growing food processing sector in Mexico can lead to increased diversification of product offerings. Probiotics can be incorporated into various food and beverage products, such as yogurt, fermented dairy products, functional beverages, and even certain snacks. The expansion of the food processing sector allows for innovation in incorporating probiotics into different types of products. Hence, the growing food and beverage processing sector in North America is expected to boost the demand for probiotics in the region.
The US market dominated the North America Probiotics Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $24,140 million by 2030. The Canada market is experiencing a CAGR of 8.8% during (2023 - 2030). Additionally, The Mexico market would exhibit a CAGR of 7.9% during (2023 - 2030).
Based on Ingredient, the market is segmented into Bacteria, and Yeast. Based on Product, the market is segmented into Probiotic Food & Beverages (Dairy Products, Non-Dairy, Cereals, Baked Food, Fermented Meat, Others), Probiotic Dietary Supplements, and Animal Feed. Based on End-use, the market is segmented into Human, and Animal. Based on Distribution Channel, the market is segmented into Hypermarkets / Supermarkets, Specialty Stores, Pharmacies / Drugstores, Online Stores, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
List of Key Companies Profiled
- Chr. Hansen Holding A/S
- General Mills, Inc.
- Yakult Honsha Co. Ltd.
- Nestle S.A.
- Danone SA
- Probi
- Arla Foods, Inc.
- Lallemand Inc.
- Kerry
- BioGaia AB
North America Probiotics Market Report Segmentation
By Ingredient
By Product
- Probiotic Food & Beverages
- Dairy Products
- Non-Dairy
- Cereals
- Baked Food
- Fermented Meat
- Others
- Probiotic Dietary Supplements
- Animal Feed
By End-use
By Distribution Channel
- Hypermarkets / Supermarkets
- Specialty Stores
- Pharmacies / Drugstores
- Online Stores
- Others
By Country
- US
- Canada
- Mexico
- Rest of North America