Global Probiotics Strain Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Probiotics Strain Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Probiotic strains are the live micro-organisms, which confer the health benefits when administered in an appropriate concentration. Probiotic strains are the bacterium strains of Bifidobacterium, Lactobacillus, Saccharomyces, Bacillus, etc. These probiotic strains are known to have various health benefits, and used in supplements, food and beverage, pharmaceutical and animal feed industry. The probiotic strains are used for the general well-being and enhancing of the gastrointestinal micro-biota. Other health benefits of the probiotic strains include suppression of pathogens, a good source of Vitamin B2, B6, and B12, improve the lactose intolerance condition, and reduction in serum cholesterol. The probiotic strains are also studied for their anti-tumor effect.

Market Overview:

The latest research study on the global Probiotics Strain market finds that the global Probiotics Strain market reached a value of USD 1625.41 million in 2022. It’s expected that the market will achieve USD 2665.18 million by 2028, exhibiting a CAGR of 8.59% during the forecast period.

Growing Demand from Key Regions

Asia Pacific has significant share of the global probiotic strains market in the future. This is supported by the increasing population, awareness and health benefits of the products, expanding food and beverage industry, and increasing purchasing power of the consumers. Asia region is anticipated to witness highest growth rate over the forecast period. The Asia Pacific is projected to be the fastest-growing market for the period considered for this study, owing to the rising disposable income, urbanization, and the increase in demand for nutritional food products, along with the growing technology base, leading to the increased demand for probiotics strain in the region. The rapid economic growth in countries such as China, Japan, India have led to a significant increase in the disposable incomes of livestock owners. This, in turn, is driving the demand for probiotic-based food, making the Asia Pacific the fastest-growing and the largest consumption value market share probiotics strain market globally.

Increasing demand from downstream customers

Probiotics strain are living organisms that are absorbed in foods and various supplements which are fermented. Probiotics strain has a variety of health benefits which is boosting the market over the period. These include weight loss benefits, digestive health, and immune function. Probiotics involves bacteria that are good for human health. An imbalance means that too many poor bacteria are present and not enough good bacteria are present. In the human body prevalence of bad bacteria can occur due to drugs such as antibiotics, bad diet, and more. Due to this occurrence there are various health related issues faced for instance stomach disorders, asthma, problems with mental health, obesity and others. Probiotics strain are typically taken as supplements from fermented foods. In fermented dairy products such as yogurt and milk drinks, live probiotic cultures are also identified.
Many individuals actually suffer from issues with obesity, stomach problems, gastrointestinal infections, genital infections, among others. With this factor in mind players in this market are in the process of developing probiotic products that help them cure these types of illnesses. The effect of rising health issues on the demand for probiotics strain is mild and is expected to increase in the near future. The demand for probiotics strain has increased due to the rise in the consumption of functional foods that, apart from providing basic nutrition, have potentially positive health effects.

Region Overview:

In 2022, the share of the Probiotics Strain market in Asia Pacific stood at 40.87%.

Company Overview:

Dupont is one of the major players operating in the Probiotics Strain market, holding a share of 26.56% in 2023.

Dupont

DuPont Company, in full E.I. du Pont de Nemours & Company, American corporation engaged primarily in biotechnology and the manufacture of chemicals and pharmaceuticals. The company was founded by Éleuthère Irénée du Pont (1771–1834) in Delaware in 1802 to produce black powder and later other explosives, which remained the company’s main products until the 20th century, when it began to make many other chemicals as well.

Chr. Hansen

Chr. Hansen Holding A/S develops and produces natural ingredients such as cultures, enzymes, probiotics, and natural colors. The Company offers products for the food, nutritional, pharmaceutical, and agricultural industries. Chr. Hansen Holding markets its products worldwide.

Segmentation Overview:

By type, Bifidobacterium bifidum segment accounted for the largest share of market in 2022.

Lactobacillus acidophilus

Lactobacillus acidophilus is a type of bacteria found in your intestines. It's a member of the Lactobacillus genus of bacteria, and it plays an important role in human health. Its name gives an indication of what it produces — lactic acid. It does this by producing an enzyme called lactase.

Lactobacillus rhamnosus GG

Lactobacillus rhamnosus GG is a bacteria that exists naturally in the body, primarily in the intestines. Lactobacillus rhamnosus GG has been used as a probiotic, or friendly bacteria, to prevent the growth of harmful bacteria in the stomach and intestines.

Bifidobacterium bifidum

Bifidobacterium bifidum is a bacterial species of the genus Bifidobacterium. B. bifidum is one of the most common probiotic bacteria that can be found in the body of mammals, including humans.

Application Overview:

The market's largest segment by application is the segment Food and Beverages, with a market share of 75.57% in 2022.

Key Companies in the global Probiotics Strain market covered in Chapter 3:

Protexin
Novozymes
Kerry
Probiotical S.p.A.
Cerbios-Pharma
Aumgene Bioscience
Lallemand
Synbiotech
Dupont
Lesaffre
Biocodex
Unique Biotech
Chr. Hansen
Probi

In Chapter 4 and Chapter 14.2, on the basis of types, the Probiotics Strain market from 2018 to 2029 is primarily split into:

Lactobacillus acidophilus
Lactobacillus rhamnosus GG
Bifidobacterium bifidum
Others

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Probiotics Strain market from 2018 to 2029 covers:

Food and Beverages
Animal Feed
Dietary Supplement
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)