Probiotics Market Will Estimated to Worth USD 126.7 Billion at a CAGR of 8.4% by 2030 | Reports and Data

According to the current analysis of Reports and Data, the global probiotics market was USD 61.2 Billion in 2021 and is projected to grow at a CAGR of 8.4% from 2021 to 2030. The World Health Organization (WHO) defines these products as “live microorganisms which, when administered in sufficient amounts, confer a health benefit on the host.” To be labeled as probiotic, scientific evidence for the health benefit have to be documented by the manufacturer to regulatory authorities such as FDA or European Commission. They play a significant role in preventive healthcare as they prevent the occurrence of diseases by strengthening the immune system. Also, the increasing demand has shown that customers prefer products with proven benefits. The growing evidence of well-being benefits affiliated with probiotics for health restoration has improved the customer expectations related to probiotics for health curing functions. This inclination toward a natural, safe, and cost-effective substitute for drugs has led the application of products as pharmaceutical agents. Clinical trials have revealed that they may cure specific diseases or disorders in humans, especially those related to the gastrointestinal tract.

However, ample investments in R&D activities and investments in research equipment, laboratories, and the high cost of hiring trained professionals are expected to create barriers for the growth of the market. The scientific validation concerning the usage of probiotics in their applications becomes a breakthrough to the market. Applications are correlated with health benefits, which make it challenging for industry players to get a satisfactory return on investments on high initial investments due to the high intensity of competition from pharmaceutical, biotechnological and food and beverage industries to establish their foot print in the market. Probiotics strains and products are developed and produced as per the international food regulations such as Food and Agriculture Organization of the United Nations (FAO) and WHO. Marketing of these products also adds to the product price, as they require different packaging and distribution channels as compared to conventional products. Due to the steep cost of production, the cost of the ultimate outcome is also at a high value.

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Top 10 Profiled in the Global Probiotics Market Report: BioGaia AB, Danone, Chr. Hansen Holding, Yakult Honsha Co. Ltd., Probi AB, Lifeway Foods, Inc., Nestle S.A., Ganeden, Inc., Du Pont, and Protexin

Further key findings from the report suggest

• By ingredient type, yeast ingredients are expected to grow at a CAGR of 9.1% during the forecast period. Various biological activities associated with yeast-based and bacteria-based probiotics ingredients make them supreme for use in a variety of applications exceeding the food sector. Notwithstanding their contribution to fermented foods concerning flavor innovation, yeast-based ingredients aid to enhance the health and productivity in growing and lactating animals. Saccharomyces Boulardii is the most broadly used yeast type in the industry owing to its restorative property to help withstand harsh bile and pancreatic juices and other stomach acids.
• Government regulations differ among countries. However, the status of probiotics as a component in food is currently not established on an international basis. For the most part, these come under food and dietary supplements because most are delivered by mouth as foods. These are differentiated from drugs in several ways, especially for claims. Medications are allowed to claim effectiveness in the mitigation, treatment, or cure of a disease, whereas feed additives, foods, and dietary supplements can only make general health claims. CFU (colony forming units) is currently the most widely recognized measure of live microbial used by FDA and foreign governmental organizations.

Function (Qualitative analysis)

• Regular
• Preventative Healthcare
• Therapeutic

Ingredient (Revenue, USD Million; 2019-2030)

• Bacteria
  • Lactobacilli
    • Lactobacillus Acidophilus
    • Lactobacillus Rhamnosus
    • Lactobacillus Casei
    • Lactobacillus Reuteri
    • Other species
  • Streptococcus Thermophilus
  • Bifidobacterium
  • Escherichia
  • Enterococcus
  • Others
• Yeast
  • Saccharomyces boulardii
  • Others (Cerevisiae Species)

Form (Revenue, USD Million; 2019-2030)

• Powder
• Liquid
• Others

Application (Revenue, USD Million; 2019-2030)

• Probiotic Food & Beverages
  • Food
    • Cereals
    • Baked goods
    • Fermented meat
    • Dairy-based food
    • Others
• Beverages
  • Dairy-based beverages
  • Non-Alcoholic beverages
  • Functional beverages
  • Others
• Probiotic Dietary Supplements
  • Food Supplements
  • Nutritional Supplements
  • Specialty Supplements
  • Infant Formula
• Animal Feed Probiotics

End user (Revenue, USD Million; 2019-2030)

• Human Probiotics
• Animal Probiotics

Key Regional Markets Covered in the Report:

• North America
  • U.S.
  • Canada
  • Mexico
• Europe
  • Russia
  • U.K.
  • Germany
  • France
  • BENELUX
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Rest of Latin America
• Middle East & Africa
  • Saudi Arabia
  • U.A.E.
  • Israel
  • Rest of Middle East & Africa

Key Takeaways of the Global Probiotics Market Report:

• A comprehensive overview of the global Probiotics industry.
• Accurate market projections in terms of market size, share, and volume.
• Thorough study of the global market dynamics, such as major market revenue growth drivers, opportunities, threats, challenges, restraints, and future growth avenues.
• Deep-dive analysis of the upcoming market trends.
• Qualitative and quantitative analyses of the global Probiotics market.
• Elaborate study of the leading regional markets in the global Probiotics market.
• Complete overview of the market’s competitive landscape.
• Brief look at the company profiles and portfolios.

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