Synbiotic Product Market Size, Share & Trends Analysis Report By Product (Functional Food & Beverages, Dietary Supplements), By Distribution Channel (Offline, Online), By Region (North America, Europe, APAC), And Segment Forecasts, 2025 - 2030

December 2024 | 80 pages | ID: SCC390875E49EN
Grand View Research, Inc.

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Synbiotic Product Market Growth & Trends

The global synbiotic product market size is anticipated treach USD 1.68 billion by 2030, according ta new report by Grand View Research, Inc. The market is projected tgrow at a CAGR of 8.3% from 2025 t2030. Increasing consumption of functional food and beverages around the world is the main factor expected tboost the demand for synbiotic products over the forecast period. In addition, rise in the consumption of probiotics and prebiotics owing twidespread awareness regarding health benefits in India, China, and Japan is expected tprovide growth opportunity for the market in the near future.

Growing trend of fortifying functional food and beverages with prebiotics and probiotic ingredients tenhance nutritional content and product offerings will open new avenues for the market in coming years. For instance, in February 2020, Asmara, a Singapore brand owned by F&B consultancy company NU3x, will launch six functional powders containing synbiotics by the end of March, 2020. The products are designed tenhance immunity, cognitive health, energy, and vitality. Major vendors are adopting merger & acquisition strategies tenhance product offerings. For instance, in November 2019, Synbiotic Health entered inta licensing agreement with NUtech Ventures, the nonprofit technology commercialization affiliate of the University of Nebraska, tdevelop innovative synergistic synbiotics.

Functional food and beverage emerged as the largest product segment with a share of 84.1% in 2019. Growing awareness among consumers regarding associated benefits of fortified functional food and beverages for the enhancement of gut health is projected tbe a key factor for the segment growth. Additionally, increasing application of fortified food and beverages timprove immunity, cardiovascular health, and cognitive health is expected tprovide growth opportunity for the segment over the forecast period. Dietary supplement is expected twitness the fastest growth over the forecast period. Increasing number of health conscious consumers is expected tsupport the growth of dietary supplements in coming years.

The offline segment held a leading market share in 2019. High availability at supermarket and hypermarket and pharmacy stores is the main factor expected tfavor the sales of synbiotic products through the offline channel in coming years. While the popularity of online sales channel is steadily growing, around 83% of consumers prefer the offline channel as it provides the leverage of feel, touch, and taste, thus driving the sales of synbiotic products through offline channel.

Europe emerged as the largest regional market with a share of 37% in 2019. This is attributed thigh awareness regarding health benefits, coupled with the availability of synbiotic products. Asia Pacific is expected texpand at the fastest CAGR of 9.5% from 2020 t2027. Growing middle class population and rapid urbanization, along with growing awareness regarding health benefits of synbiotics, are the major factors expected tdrive the regional market over the forecast period. Shifting consumer inclination towards functional food and beverages on account of rising incidence of cardiovascular disorders and surge in the number of weight management programs is expected tpropel the demand for synbiotic products in coming years.

Synbiotic Product Market Report Highlights
    • Based on product, functional food & beverages dominated the market with the largest revenue share of 83.4% in 2024. Increasing fortification of food and beverages tenhance nutritional value is the main factor propelling the segment growth.
      • Online channel is expected tgrow at the fastest CAGR over the forecast period. This is attributed tincreasing consumer preferences for e-commerce and dependence of generation X, millennials, and generation Z parents on internet.
    • Europe dominated the synbiotic products market with a share of exceeding 35.1% in 2024 due tincreasing consumption of functional food and beverages, along with growing awareness regarding health benefits of prebiotics and probiotics among the consumers.
    • Asia Pacific is expected texpand at the fastest CAGR of 9.5% over the forecast period on account of rising consumption of functional drinks in countries, like Japan, China, India, and New Zealand.
CHAPTER 1. METHODOLOGY AND SCOPE

1.1. Market Segmentation & Scope
1.2. Market Definition
1.3. Information Procurement
  1.3.1. Purchased Database
  1.3.2. GVR’s Internal Database
  1.3.3. Secondary Sources & Third-Party Perspectives
  1.3.4. Primary Research
1.4. Information Analysis
  1.4.1. Data Analysis Models
1.5. Market Formulation & Data Visualization
1.6. Data Validation & Publishing

CHAPTER 2. EXECUTIVE SUMMARY

2.1. Market Snapshot
2.2. Segment Snapshot
2.3. Competitive Landscape Snapshot

CHAPTER 3. SYNBIOTIC PRODUCT MARKET VARIABLES, TRENDS & SCOPE

3.1. Market Lineage Outlook
  3.1.1. Parent Market Outlook
  3.1.2. Related Market Outlook
3.2. Industry Value Chain Analysis
  3.2.1. Profit Margin Analysis (Industry-level)
3.3. Market Dynamics
  3.3.1. Market Driver Analysis
  3.3.2. Market Restraint Analysis
  3.3.3. Market Opportunities
  3.3.4. Market Challenges
3.4. Industry Analysis Tools
  3.4.1. Porter’s Five Forces Analysis
3.5. Market Entry Strategies

CHAPTER 4. CONSUMER BEHAVIOR ANALYSIS

4.1. Demographic Analysis
4.2. Consumer Trends and Preferences
4.3. Factors Affecting Buying Decision
4.4. Consumer Product Adoption
4.5. Observations & Recommendations

CHAPTER 5. SYNBIOTIC PRODUCT MARKET: PRODUCT ESTIMATES & TREND ANALYSIS

5.1. Synbiotic Product Market, By Product: Key Takeaways
5.2. Product Movement Analysis & Market Share, 2024 & 2030
5.3. Market Estimates & Forecasts, By Product, 2018 - 2030 (USD Million)
  5.3.1. Functional Food & Beverages
    5.3.1.1. Market estimates and forecast, 2018 - 2030 (USD Million)
  5.3.2. Dietary Supplements
    5.3.2.1. Market estimates and forecast, 2018 - 2030 (USD Million)
  5.3.3. Others
    5.3.3.1. Market estimates and forecast, 2018 - 2030 (USD Million)

CHAPTER 6. SYNBIOTIC PRODUCT MARKET: DISTRIBUTION CHANNEL ESTIMATES & TREND ANALYSIS

6.1. Synbiotic Product Market, By Distribution Channel: Key Takeaways
6.2. Distribution Channel Movement Analysis & Market Share, 2024 & 2030
6.3. Market Estimates & Forecasts, by Distribution Channel, 2018 - 2030 (USD Million)
  6.3.1. Offline
    6.3.1.1. Market estimates and forecast, 2018 - 2030 (USD Million)
  6.3.2. Online
    6.3.2.1. Market estimates and forecast, 2018 - 2030 (USD Million)

CHAPTER 7. SYNBIOTIC PRODUCT MARKET: REGIONAL ESTIMATES & TREND ANALYSIS

7.1. Synbiotic Product Market: Regional Outlook
7.2. Regional Marketplaces: Key Takeaways
7.3. Market Estimates & Forecasts, by Region, 2018 - 2030 (USD Million)
  7.3.1. North America
    7.3.1.1. Market estimates and forecast, 2018 - 2030 (USD Million)
    7.3.1.2. U.S.
      7.3.1.2.1. Key country dynamics
      7.3.1.2.2. Market estimates and forecast, 2018 - 2030 (USD Million)
    7.3.1.3. Canada
      7.3.1.3.1. Key country dynamics
      7.3.1.3.2. Market estimates and forecast, 2018 - 2030 (USD Million)
    7.3.1.4. Mexico
      7.3.1.4.1. Key country dynamics
      7.3.1.4.2. Market estimates and forecast, 2018 - 2030 (USD Million)
  7.3.2. Europe
    7.3.2.1. Market estimates and forecast, 2018 - 2030 (USD Million)
    7.3.2.2. UK
      7.3.2.2.1. Key country dynamics
      7.3.2.2.2. Market estimates and forecast, 2018 - 2030 (USD Million)
    7.3.2.3. Germany
      7.3.2.3.1. Key country dynamics
      7.3.2.3.2. Market estimates and forecast, 2018 - 2030 (USD Million)
    7.3.2.4. France
      7.3.2.4.1. Key country dynamics
      7.3.2.4.2. Market estimates and forecast, 2018 - 2030 (USD Million)
    7.3.2.5. Italy
      7.3.2.5.1. Key country dynamics
      7.3.2.5.2. Market estimates and forecast, 2018 - 2030 (USD Million)
    7.3.2.6. Spain
      7.3.2.6.1. Key country dynamics
      7.3.2.6.2. Market estimates and forecast, 2018 - 2030 (USD Million)
  7.3.3. Asia Pacific
    7.3.3.1. Market estimates and forecast, 2018 - 2030 (USD Million)
    7.3.3.2. China
      7.3.3.2.1. Key country dynamics
      7.3.3.2.2. Market estimates and forecast, 2018 - 2030 (USD Million)
    7.3.3.3. India
      7.3.3.3.1. Key country dynamics
      7.3.3.3.2. Market estimates and forecast, 2018 - 2030 (USD Million)
    7.3.3.4. Japan
      7.3.3.4.1. Key country dynamics
      7.3.3.4.2. Market estimates and forecast, 2018 - 2030 (USD Million)
    7.3.3.5. Australia
      7.3.3.5.1. Key country dynamics
      7.3.3.5.2. Market estimates and forecast, 2018 - 2030 (USD Million)
    7.3.3.6. South Africa
      7.3.3.6.1. Key country dynamics
      7.3.3.6.2. Market estimates and forecast, 2018 - 2030 (USD Million)
  7.3.4. Latin America
    7.3.4.1. Brazil
      7.3.4.1.1. Key country dynamics
      7.3.4.1.2. Market estimates and forecast, 2018 - 2030 (USD Million)
  7.3.5. Middle East & Africa
    7.3.5.1. Market estimates and forecast, 2018 - 2030 (USD Million)
    7.3.5.2. South Africa
      7.3.5.2.1. Key country dynamics
      7.3.5.2.2. Market estimates and forecast, 2018 - 2030 (USD Million)

CHAPTER 8. SYNBIOTIC PRODUCT MARKET: COMPETITIVE ANALYSIS

8.1. Recent Developments & Impact Analysis, by Key Market Participants
8.2. Company Categorization
8.3. Participant’s Overview
8.4. Financial Performance
8.5. Product Benchmarking
8.6. Company Market Share Analysis, 2024 (%)
8.7. Company Heat Map Analysis
8.8. Strategy Mapping
8.9. Company Profiles
  8.9.1. Daflorn Ltd
    8.9.1.1. Company Overview
    8.9.1.2. Financial Performance
    8.9.1.3. Product Portfolios
    8.9.1.4. Strategic Initiatives
  8.9.2. Danone
    8.9.2.1. Company Overview
    8.9.2.2. Financial Performance
    8.9.2.3. Product Portfolios
    8.9.2.4. Strategic Initiatives
  8.9.3. Sabinsa
    8.9.3.1. Company Overview
    8.9.3.2. Financial Performance
    8.9.3.3. Product Portfolios
    8.9.3.4. Strategic Initiatives
  8.9.4. Yakult Honsha Co.,Ltd
    8.9.4.1. Company Overview
    8.9.4.2. Financial Performance
    8.9.4.3. Product Portfolios
    8.9.4.4. Strategic Initiatives
  8.9.5. Probiotical S.p.A
    8.9.5.1. Company Overview
    8.9.5.2. Financial Performance
    8.9.5.3. Product Portfolios
    8.9.5.4. Strategic Initiatives
  8.9.6. United Naturals
    8.9.6.1. Company Overview
    8.9.6.2. Financial Performance
    8.9.6.3. Product Portfolios
    8.9.6.4. Strategic Initiatives
  8.9.7. Pfizer Inc.
    8.9.7.1. Company Overview
    8.9.7.2. Financial Performance
    8.9.7.3. Product Portfolios
    8.9.7.4. Strategic Initiatives
  8.9.8. Synbiotic Health
    8.9.8.1. Company Overview
    8.9.8.2. Financial Performance
    8.9.8.3. Product Portfolios
    8.9.8.4. Strategic Initiatives
  8.9.9. NUtech Ventures
    8.9.9.1. Company Overview
    8.9.9.2. Financial Performance
    8.9.9.3. Product Portfolios
    8.9.9.4. Strategic Initiatives
  8.9.10. Asmara (NU3x)
    8.9.10.1. Company Overview
    8.9.10.2. Financial Performance
    8.9.10.3. Product Portfolios
    8.9.10.4. Strategic Initiatives


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