Global Probiotics Market 2021

January 2022 | 18 pages | ID: G49D371C2BDAEN
StrategyHelix Inc

Abstracts

Probiotics are live bacteria and yeasts promoted as having various health benefits. They can be found in yogurt and other fermented foods, dietary supplements, and beauty products. The probiotics market has witnessed significant growth due to growing demand for health-based products among consumers, especially from the younger generations. The global probiotics market is set to increase by US$ 28,528 million from 2021 to 2027, representing a compound annual growth rate (CAGR) of 7.1% during the forecast period. Rising popularity of dietary supplements, growing health consciousness, rising consumption of functional foods, innovations in formulation, delivery, and marketing of probiotics are expected to boost the market growth in the coming years.

The report provides up-to-date market size data for period 2017-2020 and forecast to 2027 covering key market aspects like sales value for probiotics. The global probiotics market is segmented on the basis of ingredient, application, sales channel, end use, and region. On the basis of ingredient, the global probiotics market has been segmented into lactobacillus, bifidobacterium, streptococcus, bacillus, others. The lactobacillus segment held the largest revenue share in 2020. By application, the global probiotics market has been segmented into food & beverages, dietary supplements, animal feed. Among these, the food & beverages segment was accounted for the highest revenue generator in 2020. Based on sales channel, the global probiotics market is categorized into hypermarkets & supermarkets, pharmacies & drug stores, online channels, specialty stores, others. The hypermarkets & supermarkets segment captured the largest share of the market in 2020. On the basis of end use, the global probiotics market has been segmented into human probiotics, animal probiotics. According to the research, the human probiotics segment had the largest share in the global probiotics market. In terms of geography, the global probiotics market has been segmented into North America, Asia Pacific, Europe, Rest of the World (ROW).

The global probiotics market is highly competitive. As of 2020, the major players in the global probiotics market were BioGaia AB, Danone S.A., E. I. du Pont de Nemours and Company, Ganeden Inc., Lallemand Inc., Lifeway Foods Inc., Morinaga Milk Industry Co. Ltd., Nestle S.A., Probi AB, Protexin Inc., Yakult Honsha Co. Ltd.

Report Scope
Ingredient: lactobacillus, bifidobacterium, streptococcus, bacillus, others
Application: food & beverages, dietary supplements, animal feed
Sales channel: hypermarkets & supermarkets, pharmacies & drug stores, online channels, specialty stores, others
End use: human probiotics, animal probiotics
Region: North America, Asia Pacific, Europe, Rest of the World (ROW)
Years considered: this report covers the period 2017 to 2027

Key Benefits for Stakeholders
Get a comprehensive picture of the global probiotics market
Pinpoint growth sectors and trends for investment

Contents

PART 1. INTRODUCTION

Scope of the study
Study period
Geographical scope
Research methodology

PART 2. PROBIOTICS MARKET OVERVIEW

PART 3. MARKET BREAKDOWN BY INGREDIENT

Lactobacillus
Bifidobacterium
Streptococcus
Bacillus
Others

PART 4. MARKET BREAKDOWN BY APPLICATION

Food & beverages
Dietary supplements
Animal feed

PART 5. MARKET BREAKDOWN BY SALES CHANNEL

Hypermarkets & supermarkets
Pharmacies & drug stores
Online channels
Specialty stores
Others

PART 6. MARKET BREAKDOWN BY END USE

Human probiotics
Animal probiotics

PART 7. MARKET BREAKDOWN BY REGION

North America
Asia Pacific
Europe
Rest of the World (ROW)

PART 8. KEY COMPANIES

BioGaia AB
Danone S.A.
E. I. du Pont de Nemours and Company
Ganeden, Inc.
Lallemand Inc.
Lifeway Foods, Inc.
Morinaga Milk Industry Co., Ltd.
Nestle S.A.
Probi AB
Protexin Inc.
Yakult Honsha Co., Ltd.
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