The Probiotics Market: Ingredients, Supplements, Foods

June 27, 2011

 

Wellesley, Mass. – In a recent release, THE PROBIOTICS MARKET: INGREDIENTS, SUPPLEMENTS, FOODS (FOD035C) from BCC Research (www.bccresearch.com), global probiotics sales were $21.6 billion in 2010. That value is projected to reach $31.1 billion in 2015, increasing at a five-year compound annual growth rate (CAGR) of 7.6%.

The probiotics market can be broken down into three segments – foods, supplements, and ingredients. The largest segment, made up of foods, was valued at $19.6 billion in 2010, and is projected to reach $28.1 billion in 2015, for a CAGR of 7.5%.

Sales of supplements were $1.3 billion in 2010, and by 2015 should reach nearly $2.1 billion, growing at a CAGR of 9.6%.

The segment made up of ingredients was valued at $699 million in 2010 and is projected to reach $929 million in 2015 for a CAGR of 5.9%.

Probiotics, by definition, are live microorganisms that, when taken in proper amounts, confer beneficial health effects. There is considerable scientific as well as business interest in probiotics, but their manufacture and application remain a niche market.

It is important to note the value of proprietary rights to certain probiotic strains. Proprietary strains command a premium over generic and undocumented strains, making quality research and science-based evidence of specific health benefits essential.

In a global context, the industry of premium probiotic ingredients is highly concentrated; only a small number of companies dominate the supply. There are smaller companies that do thrive due to ownership of certain proprietary strains.

This report is intended for companies already invested in the industry. Those seeking areas of expansion also will find the material useful. Additionally, the report will be a resource for readers with an interest in the growing popularity of probiotics.

SUMMARY FIGURE
PROJECTED SHARES OF GLOBAL SALES OF PROBIOTIC INGREDIENTS, SUPPLEMENTS, AND FOODS, 2010 AND 2015
(%)
PROJECTED SHARES OF GLOBAL SALES OF PROBIOTIC INGREDIENTS, SUPPLEMENTS, AND FOODS, 2010 AND 2015
To Contact us, click here  help


Source: BCC Research

The Probiotics Market: Ingredients, Supplements, Foods ( FOD035C )
Publish Date: Jun 2011    

Data and analysis extracted from this press release must be accompanied by a statement identifying BCC Research LLC as the source and publisher. For media inquiries, email press@bccresearch.com or visit www.bccresearch.com/media to request access to our library of market research.

BCC Library Membership Benefits

Unlimited Access to Market Research Reports for Academic Institutions and Corporations.

Custom Research

Tailored solutions across industries for your unique business needs.

AI Sentiment