Egypt Probiotics Market - Forecasts from 2024 to 2029

Egypt Probiotics Market - Forecasts from 2024 to 2029

Egypt’s probiotics market is projected to witness a compound annual growth rate of 7.82%, growing to US$225.741 million by 2029, from US$132.042 million in 2022.

Probiotics are beneficial live microorganisms, often referred to as friendly bacteria, known for their positive impact on health. These microorganisms offer various health benefits and can effectively address a range of conditions, including irritable bowel syndrome, infectious diarrhoea, and skin issues such as eczema. The growing awareness among individuals about the advantages of probiotics has led to increased adoption of these microorganisms in daily routines, playing a significant role in propelling market growth in the anticipated period.

In the Egypt probiotics market, strategic collaborations and mergers are becoming increasingly prevalent, contributing to the market's growth. A notable example is the exclusive agreement between BioGaia and Minapharm Pharmaceuticals for the exclusive distribution of BioGaia Protectis drops in Egypt. These probiotics will be available under the BioGaia brand. The product launch was scheduled for the fourth quarter of 2021, indicating a significant move to capitalize on the market's potential. Hence, such agreements are expected to provide significant growth for the probiotics market in Egypt in the projected period.

The growing geriatric population and increasing product launches

In the anticipated period, there is a projected substantial increase in the population of individuals aged 60 and above in Egypt. Given that probiotics play a crucial role in replenishing the natural diversity of gut bacteria, enhancing the immune system, and positively influencing cognition and mood, these microorganisms are deemed especially important for the elderly population.

Furthermore, with the increasing demand for probiotics in the region, companies are introducing new products to tap into a larger market share. A case in point is the collaboration between Sandoz Egypt and the Egyptian Pediatric Association (EPA) in April 2022. This partnership was established for the introduction of their latest probiotic, Linex, featuring Bifidobacterium lactis BB-12. The objective of this probiotic is to promote the equilibrium and functionality of beneficial intestinal microflora.

According to the United Nations Population Fund (UNFPA), there is a projected more than doubling of the population aged 60 and above between 2020 and 2050. In 2020, the elderly population was 8.4 million, constituting 8% of the total population. This figure is anticipated to rise to 22 million, comprising 14% of the total population by 2050. In contrast, the population aged 15-24 is expected to increase only 1.5 times during the same period. Consequently, with a significant surge in the elderly population, there is expected to be a substantial increase in the demand for probiotics in the forecast period

Egypt's probiotics market for animal feed is projected to grow steadily.

Probiotic use and interest in Egypt's animal feed business have increased due to the benefits of probiotics for animal health and performance. Probiotics are beneficial bacteria that are added to animal feed to promote digestive health, strengthen the immune system, and quicken development rates. These microorganisms help to maintain a healthy gut microflora, which improves optimal nutrition absorption and reduces the risk of digestive illnesses. In keeping with global efforts to limit the use of antibiotics in animal agriculture, probiotics can also help lower stress and can be used in place of antibiotics.

The Egyptian government declared in 2022 that feed prices rose by 40–45%. Additionally, the price of beef went up by 15 to 20 percent, which decreased per capita consumption. Furthermore, owing to the continued devaluation of the Egyptian pound and the complicated import procedures, prices are predicted to rise further. While Brazilian beef imports are still restricted, the number of Indian water buffalo imports has climbed to 150 thousand MT. Egypt produced 390,000 MT of beef in MY 2023, up 5,000 MT or 1.3% from MY 2022 estimations, according to FAS Cairo. Egypt's domestic beef consumption reached 660,000 in MY 2023 increasing less than 1% from estimates for MY 2022 of 655,000 or 5,000 MT.

Egypt's production (calf crop) reached 1.95 million head in the market year MY 2023 according to FAS Cairo, which is 0.5 percent less than the USDA's official MY 2022. Many farmers, especially those who own small and medium-sized husbandries, chose to either retain or reduce the amount of their production due to the high costs of production, especially feed. Only integrated farms managed to withstand the difficult feed scarcity and exorbitant costs. As a result, the post announced that the Egyptian herd modestly expanded to 1.95 million head, which was marginally less than the USDA's official estimate for MY 2022.

According to FAS Cairo, Egypt's imports of live cattle stayed at 200,000 head in MY 2023, unchanged from MY 2022. In 2021, imports decreased by 29% compared to 2020 and post-projected that imports of live cattle were low in 2023.

Market Key Developments
In January 2022, a business unit of IFF's Health & Biosciences division, Danisco Animal Nutrition announced new advancements to its ruminant range. The company introduced two Omni-Bos® probiotics in the Middle East and the BovizymeTM GA enzyme in the United States as part of its continuous efforts to broaden its nutritional health solutions for ruminant producers and broaden its market reach. Danisco Animal Nutrition's successful introduction of Omni-Bos® P169 and Omni-Bos® CB in Egypt and Jordan has reinforced the company's focus on the worldwide ruminant market.

Segmentation:

By Type
Lactobacillus
Streptococcus
Bifidobacterium
Spore Formers
Others
By Form
Liquid
Dry
By Application
Functional Food and Beverages
Dietary Supplements
Animal Feed
By End-User
Human
Animal