Europe Probiotic Ingredients Market Forecast to 2028 – COVID-19 Impact and Regional Analysis – by Type (Lactobacillus, Bifidobacterium, and Others) and Application (Functional Food & Beverages, Pharmaceuticals & Nutraceuticals, Animal Feeds, and Others)
Description
Europe Probiotic Ingredients Market Forecast to 2028 – COVID-19 Impact and Regional Analysis – by Type (Lactobacillus, Bifidobacterium, and Others) and Application (Functional Food & Beverages, Pharmaceuticals & Nutraceuticals, Animal Feeds, and Others)
The Europe probiotic ingredients market is expected to grow from US$ 989.86 million in 2022 to US$ 1,535.13 million by 2028; it is estimated to grow at a CAGR of 7.6% from 2022 to 2028.
Antibiotics, a feed additive, have been widely used in livestock diets for several decades due to their therapeutic effects. However, a few countries have limited the use of certain antibiotics due to concerns that using antibiotics as feed additives contribute to increased bacterial antibiotic resistance. Furthermore, from 2006 onward, the European Union (EU) prohibited the use of antibiotics as feed additives. As a result of the shift in customer demand for safe food production and regulatory concerns regarding antibiotics, growth-promoting additives have ensured a search for natural strategies to modulate gut development and health. Moreover, probiotics, prebiotics, and essential oils have been suggested as antibiotic alternatives, as probiotics are live microbial feed supplements that beneficially affect the host by improving intestinal microbial balance. The use of probiotics as a possible alternative to antibiotics has received renewed interest due to the legislation prohibiting the use of sub-therapeutic amounts of antibiotics. Probiotic is a generic term, and products can contain yeast cells, bacterial cultures, or both that stimulate microorganisms capable of modifying the gastrointestinal environment to improve health and feed efficiency.
With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the Europe probiotic ingredients market . The Europe probiotic ingredients market is expected to grow at a good CAGR during the forecast period.
Europe Probiotic Ingredients Market Revenue and Forecast to 2028 (US$ Million)
Europe Probiotic Ingredients Market Segmentation
The Europe probiotic ingredients market is segmented based on type, application, and country. Based on type, the Europe probiotic ingredients market is divided into lactobacillus, bifidobacterium, and others. The lactobacillus would dominate the Europe probiotic ingredients market in 2022. Based on application, the market is categorized into functional food & beverages, pharmaceuticals & nutraceuticals, animal feed, and others. The functional food & beverages would dominate the Europe probiotic ingredients market in 2022. Based on country, the Europe probiotic ingredients market is segmented into Germany, the UK, France, Italy, Russia, and the Rest of Europe. The Rest of Europe would dominate the Europe probiotic ingredients market in 2022.
Key players operating in the Europe probiotic ingredients market include ADM; Novozymes A/S; Chr. Hansen Holding A/S; Kerry Group plc; Lallemand Inc; IFF Nutrition & Biosciences; AngelYeast Co., Ltd; Probiotical S.p.A; Adisseo; and Probi by Altair.
Reasons to Buy
Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the Europe probiotic ingredients market.
Highlights key business priorities in order to assist companies to realign their business strategies
The key findings and recommendations highlight crucial progressive industry trends in the Europe probiotic ingredients market, thereby allowing players across the value chain to develop effective long-term strategies
Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
Scrutinize in-depth Europe market trends and outlook coupled with the factors driving the Europe probiotic ingredients market, as well as those hindering it
Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution
The Europe probiotic ingredients market is expected to grow from US$ 989.86 million in 2022 to US$ 1,535.13 million by 2028; it is estimated to grow at a CAGR of 7.6% from 2022 to 2028.
Antibiotics, a feed additive, have been widely used in livestock diets for several decades due to their therapeutic effects. However, a few countries have limited the use of certain antibiotics due to concerns that using antibiotics as feed additives contribute to increased bacterial antibiotic resistance. Furthermore, from 2006 onward, the European Union (EU) prohibited the use of antibiotics as feed additives. As a result of the shift in customer demand for safe food production and regulatory concerns regarding antibiotics, growth-promoting additives have ensured a search for natural strategies to modulate gut development and health. Moreover, probiotics, prebiotics, and essential oils have been suggested as antibiotic alternatives, as probiotics are live microbial feed supplements that beneficially affect the host by improving intestinal microbial balance. The use of probiotics as a possible alternative to antibiotics has received renewed interest due to the legislation prohibiting the use of sub-therapeutic amounts of antibiotics. Probiotic is a generic term, and products can contain yeast cells, bacterial cultures, or both that stimulate microorganisms capable of modifying the gastrointestinal environment to improve health and feed efficiency.
With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the Europe probiotic ingredients market . The Europe probiotic ingredients market is expected to grow at a good CAGR during the forecast period.
Europe Probiotic Ingredients Market Revenue and Forecast to 2028 (US$ Million)
Europe Probiotic Ingredients Market Segmentation
The Europe probiotic ingredients market is segmented based on type, application, and country. Based on type, the Europe probiotic ingredients market is divided into lactobacillus, bifidobacterium, and others. The lactobacillus would dominate the Europe probiotic ingredients market in 2022. Based on application, the market is categorized into functional food & beverages, pharmaceuticals & nutraceuticals, animal feed, and others. The functional food & beverages would dominate the Europe probiotic ingredients market in 2022. Based on country, the Europe probiotic ingredients market is segmented into Germany, the UK, France, Italy, Russia, and the Rest of Europe. The Rest of Europe would dominate the Europe probiotic ingredients market in 2022.
Key players operating in the Europe probiotic ingredients market include ADM; Novozymes A/S; Chr. Hansen Holding A/S; Kerry Group plc; Lallemand Inc; IFF Nutrition & Biosciences; AngelYeast Co., Ltd; Probiotical S.p.A; Adisseo; and Probi by Altair.
Reasons to Buy
Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the Europe probiotic ingredients market.
Highlights key business priorities in order to assist companies to realign their business strategies
The key findings and recommendations highlight crucial progressive industry trends in the Europe probiotic ingredients market, thereby allowing players across the value chain to develop effective long-term strategies
Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
Scrutinize in-depth Europe market trends and outlook coupled with the factors driving the Europe probiotic ingredients market, as well as those hindering it
Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution
Table of Contents
147 Pages
- 1. Introduction
- 1.1 Study Scope
- 1.2 The Insight Partners Research Report Guidance
- 1.3 Market Segmentation
- 2. Key Takeaways
- 3. Research Methodology
- 3.1 Scope of the Study
- 3.2 Research Methodology
- 3.2.1 Data Collection:
- 3.2.2 Primary Interviews:
- 3.2.3 Hypothesis Formulation:
- 3.2.4 Macro-economic Factor Analysis:
- 3.2.5 Developing Base Number:
- 3.2.6 Data Triangulation:
- 3.2.7 Country Level Data:
- 4. Europe Probiotic Ingredients Market Landscape
- 4.1 Market Overview
- 4.2 Porter's Five Forces Analysis
- 4.2.1 Bargaining Power of Suppliers
- 4.2.2 Bargaining Power of Buyers
- 4.2.3 Threat of New Entrants
- 4.2.4 Competitive Rivalry
- 4.2.5 Threat of Substitutes
- 4.3 Expert Opinion
- 4.4 Ecosystem Analysis
- 5. Europe Probiotic Ingredients Market – Key Market Dynamics
- 5.1 Market Drivers
- 5.1.1 Growing Consumer Focus on Preventive Health
- 5.1.2 Surging Demand for Probiotic-Fortified Food and Beverages
- 5.2 Market Restraints
- 5.2.1 Regulatory Concerns
- 5.3 Market Opportunities
- 5.3.1 Decreasing Use of Antibiotics in Animal Feed
- 5.4 Future Trends
- 5.4.1 New Product Releases with Probiotics as a Key Ingredient
- 5.5 Impact Analysis of Drivers and Restraints
- 6. Probiotic Ingredients – Europe Market Analysis
- 6.1 Europe Probiotic Ingredients Market –Revenue and Forecast to 2028 (US$ Million)
- 7. Europe Probiotic Ingredients Market Analysis – By Type
- 7.1 Overview
- 7.2 Europe Probiotic Ingredients Market, By Type (2021 and 2028)
- 7.3 Lactobacillus
- 7.3.1 Overview
- 7.3.2 Lactobacillus: Probiotic Ingredients Market – Revenue and Forecast to 2028 (US$ Mn)
- 7.4 Bifidobacterium
- 7.4.1 Overview
- 7.4.2 Bifidobacterium: Probiotic Ingredients Market – Revenue and Forecast to 2028 (US$ Mn)
- 7.5 Others
- 7.5.1 Overview
- 7.5.2 Others: Probiotic Ingredients Market – Revenue and Forecast to 2028 (US$ Mn)
- 8. Europe Probiotic Ingredients Market Analysis – By Application
- 8.1 Overview
- 8.2 Europe Probiotic Ingredients Market, By Application (2021 and 2028)
- 8.3 Functional Food & Beverages
- 8.3.1 Overview
- 8.3.2 Functional Food & Beverages: Probiotic Ingredients Market– Revenue and Forecast to 2028 (US$ Mn)
- 8.4 Pharmaceuticals & Nutraceuticals
- 8.4.1 Overview
- 8.4.2 Pharmaceuticals & Nutraceuticals: Probiotic Ingredients Market– Revenue and Forecast to 2028 (US$ Mn)
- 8.5 Animal Feed
- 8.5.1 Overview
- 8.5.2 Animal Feed: Probiotic Ingredients Market– Revenue and Forecast to 2028 (US$ Mn)
- 8.6 Others
- 8.6.1 Overview
- 8.6.2 Others: Probiotic Ingredients Market– Revenue and Forecast to 2028 (US$ Mn)
- 9. Europe Probiotic Ingredients Market – By Country Analysis
- 9.1 Europe: Probiotic Ingredients Market
- 9.1.1 Europe: Probiotic Ingredients Market, by Key Country
- 9.1.1.1 Germany: Probiotic Ingredients Market – Revenue and Forecast to 2028 (US$ Million)
- 9.1.1.1.1 Germany: Probiotic Ingredients Market, By Type
- 9.1.1.1.2 Germany: Probiotic Ingredients Market, by Application
- 9.1.1.2 France: Probiotic Ingredients Market – Revenue and Forecast to 2028 (US$ Million)
- 9.1.1.2.1 France: Probiotic Ingredients Market, By Type
- 9.1.1.2.2 France: Probiotic Ingredients Market, by Application
- 9.1.1.3 UK: Probiotic Ingredients Market – Revenue and Forecast to 2028 (US$ Million)
- 9.1.1.3.1 UK: Probiotic Ingredients Market, By Type
- 9.1.1.3.2 UK: Probiotic Ingredients Market, by Application
- 9.1.1.4 Italy: Probiotic Ingredients Market – Revenue and Forecast to 2028 (US$ Million)
- 9.1.1.4.1 Italy: Probiotic Ingredients Market, By Type
- 9.1.1.4.2 Italy: Probiotic Ingredients Market, by Application
- 9.1.1.5 Russia: Probiotic Ingredients Market – Revenue and Forecast to 2028 (US$ Million)
- 9.1.1.5.1 Russia: Probiotic Ingredients Market, By Type
- 9.1.1.5.2 Russia: Probiotic Ingredients Market, by Application
- 9.1.1.6 Rest of Europe: Probiotic Ingredients Market – Revenue and Forecast to 2028 (US$ Million)
- 9.1.1.6.1 Rest of Europe: Probiotic Ingredients Market, By Type
- 9.1.1.6.2 Rest of Europe: Probiotic Ingredients Market, by Application
- 10. Industry Landscape
- 10.1 Overview
- 10.2 Market Initiative
- 10.3 New Product Development
- 10.4 Merger and Acquisition
- 11. Company Profiles
- 11.1 ADM
- 11.1.1 Key Facts
- 11.1.2 Business Description
- 11.1.3 Products and Services
- 11.1.4 Financial Overview
- 11.1.5 SWOT Analysis
- 11.1.6 Key Developments
- 11.2 Novozymes A/S
- 11.2.1 Key Facts
- 11.2.2 Business Description
- 11.2.3 Products and Services
- 11.2.4 Financial Overview
- 11.2.5 SWOT Analysis
- 11.2.6 Key Developments
- 11.3 Chr. Hansen Holding A/S
- 11.3.1 Key Facts
- 11.3.2 Business Description
- 11.3.3 Products and Services
- 11.3.4 Financial Overview
- 11.3.5 SWOT Analysis
- 11.3.6 Key Developments
- 11.4 Kerry Group plc
- 11.4.1 Key Facts
- 11.4.2 Business Description
- 11.4.3 Products and Services
- 11.4.4 Financial Overview
- 11.4.5 SWOT Analysis
- 11.4.6 Key Developments
- 11.5 Lallemand Inc.
- 11.5.1 Key Facts
- 11.5.2 Business Description
- 11.5.3 Products and Services
- 11.5.4 Financial Overview
- 11.5.5 SWOT Analysis
- 11.5.6 Key Developments
- 11.6 IFF Nutrition & Biosciences
- 11.6.1 Key Facts
- 11.6.2 Business Description
- 11.6.3 Products and Services
- 11.6.4 Financial Overview
- 11.6.5 WOT Analysis
- 11.6.6 Key Developments
- 11.7 AngelYeast Co., Ltd.
- 11.7.1 Key Facts
- 11.7.2 Business Description
- 11.7.3 Products and Services
- 11.7.4 Financial Overview
- 11.7.5 SWOT Analysis
- 11.7.6 Key Developments
- 11.8 Probiotical S.p.A.
- 11.8.1 Key Facts
- 11.8.2 Business Description
- 11.8.3 Products and Services
- 11.8.4 Financial Overview
- 11.8.5 SWOT Analysis
- 11.8.6 Key Developments
- 11.9 Adisseo
- 11.9.1 Key Facts
- 11.9.2 Business Description
- 11.9.3 Products and Services
- 11.9.4 Financial Overview
- 11.9.5 SWOT Analysis
- 11.9.6 Key Developments
- 11.10 Probi
- 11.10.1 Key Facts
- 11.10.2 Business Description
- 11.10.3 Products and Services
- 11.10.4 Financial Overview
- 11.10.5 SWOT Analysis
- 11.10.6 Key Developments
- 12. Appendix
- 12.1 About The Insight Partners
- 12.2 Word Index
- LIST OF TABLES
- Table 1. Europe Probiotic Ingredients Market –Revenue and Forecast to 2028 (US$ Million)
- Table 2. Germany Probiotic Ingredients Market, By Type – Revenue and Forecast to 2028 (US$ Million)
- Table 3. Germany Probiotic Ingredients Market, by Application – Revenue and Forecast to 2028 (US$ Million)
- Table 4. France Probiotic Ingredients Market, By Type – Revenue and Forecast to 2028 (US$ Million)
- Table 5. France Probiotic Ingredients Market, by Application – Revenue and Forecast to 2028 (US$ Million)
- Table 6. UK Probiotic Ingredients Market, By Type – Revenue and Forecast to 2028 (US$ Million)
- Table 7. UK Probiotic Ingredients Market, by Application – Revenue and Forecast to 2028 (US$ Million)
- Table 8. Italy Probiotic Ingredients Market, By Type – Revenue and Forecast to 2028 (US$ Million)
- Table 9. Italy Probiotic Ingredients Market, by Application – Revenue and Forecast to 2028 (US$ Million)
- Table 10. Russia Probiotic Ingredients Market, By Type – Revenue and Forecast to 2028 (US$ Million)
- Table 11. Russia Probiotic Ingredients Market, by Application – Revenue and Forecast to 2028 (US$ Million)
- Table 12. Rest of Europe Probiotic Ingredients Market, By Type – Revenue and Forecast to 2028 (US$ Million)
- Table 13. Rest of Europe Probiotic Ingredients Market, by Application – Revenue and Forecast to 2028 (US$ Million)
- Table 14. List of Abbreviation
- LIST OF FIGURES
- Figure 1. Europe Probiotic Ingredients Market Segmentation
- Figure 2. Europe Probiotic Ingredients Market Segmentation – By Country
- Figure 3. Europe Probiotic Ingredients Market Overview
- Figure 4. Europe Probiotic Ingredients Market: By Type
- Figure 5. Europe Probiotic Ingredients Market: By Country
- Figure 6. Europe Porter's Five Forces Analysis: Probiotic Ingredients Market
- Figure 7. Europe Expert Opinion
- Figure 8. Europe Ecosystem: Probiotic Ingredients Market
- Figure 9. Europe Probiotic Ingredients Market Impact Analysis of Drivers and Restraints
- Figure 10. Europe: Probiotic Ingredients Market – Revenue and Forecast to 2028 (US$ Million)
- Figure 11. Europe Probiotic Ingredients Market Revenue Share, By Type (2021 and 2028)
- Figure 12. Europe Lactobacillus: Probiotic Ingredients Market – Revenue and Forecast To 2028 (US$ Mn)
- Figure 13. Europe Bifidobacterium: Probiotic Ingredients Market – Revenue and Forecast To 2028 (US$ Mn)
- Figure 14. Europe Others: Probiotic Ingredients Market – Revenue and Forecast To 2028 (US$ Mn)
- Figure 15. Europe Probiotic Ingredients Market Revenue Share, By Application (2021 and 2028)
- Figure 16. Europe Functional Food & Beverages: Probiotic Ingredients Market– Revenue and Forecast To 2028 (US$ Mn)
- Figure 17. Europe Pharmaceuticals & Nutraceuticals: Probiotic Ingredients Market– Revenue and Forecast To 2028 (US$ Mn)
- Figure 18. Europe Animal Feed: Probiotic Ingredients Market– Revenue and Forecast To 2028 (US$ Mn)
- Figure 19. Europe Others: Probiotic Ingredients Market– Revenue and Forecast To 2028 (US$ Mn)
- Figure 20. Europe: Probiotic Ingredients Market, by Key Country – Revenue (2021) (US$ Million)
- Figure 21. Europe: Probiotic Ingredients Market Revenue Share, by Key Country (2021 and 2028)
- Figure 22. Germany: Probiotic Ingredients Market – Revenue and Forecast to 2028 (US$ Million)
- Figure 23. France: Probiotic Ingredients Market – Revenue and Forecast to 2028 (US$ Million)
- Figure 24. UK: Probiotic Ingredients Market – Revenue and Forecast to 2028 (US$ Million)
- Figure 25. Italy: Probiotic Ingredients Market – Revenue and Forecast to 2028 (US$ Million)
- Figure 26. Russia: Probiotic Ingredients Market – Revenue and Forecast to 2028 (US$ Million)
- Figure 27. Rest of Europe: Probiotic Ingredients Market – Revenue and Forecast to 2028 (US$ Million)
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