Report Highlights
The global probiotics market should reach $90.7 billion by 2027 from $61.2 billion in 2022 at a compound annual growth rate (CAGR) of 8.2% for the forecast period of 2022 to 2027.
Report Includes
- 280 data tables and 66 additional tables
- An up-to-date overview of the global market for probiotics in food and beverages, dietary supplements, and animal feed applications
- Analyses of the global market trends, with sales data for 2021, estimates for 2022, and projections of compound annual growth rates (CAGRs) through 2027
- Evaluation and forecast the market size for probiotics, projected growth trends, and corresponding market share analysis by type, genus, function, application, end use (human/animals), sales channel, and region
- Updated information on market opportunities and drivers, key shifts, regulations and industry specific challenges, and other factors that will shape this market demand in the coming years (2022-2027)
- Highlights of the impact of COVID-19 on the global probiotics market, along with its implications on demand and supply of probiotics, price impact, and various government strategic decisions
- Discussion of the importance of scientific research, product innovation, consumer awareness and preferences, and regulatory requirements for probiotics
- Review of patent data and new developments regarding various categories and sub-categories of probiotics
- Key merger and acquisition deals, partnerships, collaborations and joint ventures as well as other strategic alliances within the food and beverages industry
- Market share analysis of the key market participants offering probiotic-enhanced products, their research priorities, product portfolios and the competitive landscape
- Descriptive company profiles of the leading global players, including Abbott, Chr. Hansen Inc., DSM, Kerry, Meiji Holdings Co. Ltd., Nestle Inc. and Wallaby Yogurt Co.
Report Scope
The report will provide an updated review of the global probiotics market, focusing on its genus, function, end-use, application, and sales channel. Conclusive and detailed estimates and forecasts of the global probiotics market are provided, followed by a detailed analysis of regions, countries and manufacturers.
The genus segment of the global probiotics market is further segmented into Lactobacillus, Bifidobacterium, Streptococcus, Bacillus and others. Based on the application, the market is segmented into food and beverages, dietary supplements, animal feed and others. The global probiotics market based on end use is segmented into probiotics for humans and probiotics for animals. Based on function, global probiotics market is segmented into regular probiotics and therapeutic probiotics. Based on sales channels, the market is segmented into hypermarkets and supermarkets, specialty stores, pharmacies, online and others.
The report will include the COVID-19 impact analysis on the probiotics market at a global level. The impact analysis will consist of the impact on demand, supply and prices.
The market size and estimations are provided in terms of value (USD millions), considering 2021 as a base year, and a market forecast will be provided from 2022 to 2027. Regional market size with respect to the application will be provided. COVID-19’s impact will be considered while the marketing estimation.
The report includes an analysis of major players across each regional probiotics market. The report explains the major drivers and regional dynamics of the global probiotics market and current trends within the industry. The report focuses on the vendor landscape and includes detailed profiles of the major vendors in the market. Major companies in the global probiotics market include Chr. Hansen Inc., Nestle Inc., Danone Inc., Probi AB Inc., Meiji Holdings Co. Ltd., Yakult Honsha Co. Ltd. and Morinaga Milk Industry Co. Ltd.
Report Synopsis
| Report Metrics | Details | ||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Base year considered | 2021 | ||||||||||||||||||||||||||||||||||||||||
| Forecast period considered | 2022-2027 | ||||||||||||||||||||||||||||||||||||||||
| Base year market size | $57.5 billion | ||||||||||||||||||||||||||||||||||||||||
| Market size forecast | $90.7 billion | ||||||||||||||||||||||||||||||||||||||||
| Growth rate | CAGR of 8.2% from 2022 to 2027 | ||||||||||||||||||||||||||||||||||||||||
| Units considered | $ Millions | ||||||||||||||||||||||||||||||||||||||||
| Segments covered | Application, Region, Genus, End Use, Function, Sales Channel | ||||||||||||||||||||||||||||||||||||||||
| Regions covered | North America, Europe, Asia-Pacific, Latin America, Middle East and Africa | ||||||||||||||||||||||||||||||||||||||||
| Countries covered | United States., Canada., Germany., U.K., France., Spain., Rest of Europe., China., India., Japan., Australia., Rest of Asia-Pacific., Brazil., Mexico., Rest of Latin America., South Africa., Rest of the Middle East and Africa. | ||||||||||||||||||||||||||||||||||||||||
| Key Market Drivers |
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| Companies studied |
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Analyst Credentials
BCC Research Team possesses expertise and experience in life and physical science domains. They specialize in offering valuable business insights, including industry analysis, competitor intelligence, strategic and financial analysis, and opportunity assessment. The team has in-depth knowledge of various sectors, including healthcare, biotechnology, pharmaceuticals, IT, automation, advanced materials, and energy. They are proficient in qualitative and quantitative market intelligence providing clients with actionable insights. With a vast understanding of the competitive landscape, the team can support clients in making data-driven decisions to help them achieve a competitive edge in their respective markets.
Report Highlights
The global probiotics market should reach $69.1 billion by 2024 from $48.4 billion in 2019 at a compound annual growth rate (CAGR) of 7.4% for the forecast period of 2019 to 2024.
Report Includes
- 99 data tables
- A descriptive study of the global market for probiotics with a quantitative and qualitative approach
- Analyses of global market trends with data from 2018, estimates for 2019, and projections of compound annual growth rates (CAGRs) through 2024
- Information pertaining to underlying technologies driving the industry’s growth along with key factors such as current trends, regulatory updates, and other macroeconomic factors that can influence the market
- Emphasis on importance of scientific research, product innovation, consumer awareness and preferences, and government regulatory requirements
- Vendor landscape of the market leading companies offering probiotic-enhanced products designed for humans and animals in the food and beverage, dietary supplement, and animal feed industries
- Patents evaluation and new developments regarding various categories and sub-categories of probiotics
- Detailed profiles of leading manufacturers and suppliers of probiotic foods, including Chr. Hansen Inc., Danone Inc., Nestle Inc., Probi AB Inc., Yakult Honsha Co., Ltd. and Meiji Holdings Co., Ltd.
Report Highlights
The global market for probiotics should grow from $39.2 billion in 2017 to $57.2 billion in 2022, growing at a compound annual growth rate (CAGR) of 7.8% from 2017 through 2022.
Report Includes
- 80 tables
- Detailed overview and industry analysis of the global probiotics market along with their ingredients, supplements, and foods within the industry
- Analyses of global market trends with data from 2016 and 2017, and projections of compound annual growth rates (CAGRs) through 2022
- Characterization and quantification of the market potential for probiotics by probiotic type, application, geographical region and end-user industry
- Discussion of the importance of scientific research, product innovation, consumer awareness and preferences and government regulatory requirements
- Elaboration on the influence of government regulations, current technology, and the economic factors that are and will shape the future marketplace
- A focus on probiotic-enhanced products designed for humans and animals in the food and beverage, dietary supplement, and animal feed industries
- Examination of recent patents related to Lactobacillus, Bifidobacterium and Streptococcus bacteria
- Comprehensive company profiles of major market players including Bifodan A/S, E. I. Dupont De Nemours and Company, Probiotics International Ltd., Probi AB, Nestlé, Morinaga Milk Industry Co. Ltd., and Lifeway Foods
Report Highlights
The global probiotics market totaled $31.8 billion and $34.0 billion in 2014 and 2015 respectively. The market should total $50.0 billion by 2020, growing at a compound annual growth rate (CAGR) of 8.0% from 2015 to 2020.
Report Includes
- An overview of the global probiotics market including ingredients, supplements, and foods.
- Analyses of global market trends, with data from 2014, 2015, and projections of compound annual growth rates (CAGRs) through 2020.
- Discussion of the importance of scientific research, product innovation, consumer awareness and preferences, and government regulatory requirements.
- A focus on probiotic-enhanced products designed for human use, as well as the market potential for products developed for pets and veterinary animals.
- Examination of historical trends in global and regional sales of probiotics, industry structure, patents and technologies, and current government regulatory requirements that are relevant to the industry.
- Profiles of major players in the industry.
Report Highlights
The global market of probiotic ingredients, supplements, and foods reached nearly $23.1 billion in 2012. This market is expected to grow to nearly $27.1 billion in 2013 and $36.7 billion in 2018 with a compound annual growth rate (CAGR) of 6.2% over the five-year period from 2013 to 2018.
Report Includes
- An overview of the global probiotics market, with coverage of the manufacture of probiotics as ingredients and their applications in dietary supplements and foods
- Analyses of global market trends, with data from 2012, estimates for 2013, and projections of compound annual growth rates (CAGRs) through 2018
- Discussion of the importance of scientific research, product innovation, consumer awareness and preferences, and government regulatory requirements
- A focus on probiotic-enhanced products designed for human use, as well as the market potential for products developed for pets and veterinary animals
- Examination of historical trends in global and regional sales of probiotics, industry structure, patents and technologies, and current government regulatory requirements that are relevant to the industry
- Comprehensive company profiles of major players.
Report Highlights
Global sales of probiotic ingredients, supplements, and foods amounted to $21.6 billion in 2010 and are expected to reach $31.1 billion by 2015 with a CAGR of 7.6% for the next 5-year period.
Report Highlights
- The global market for probiotics increased from $14.9 billion in 2007 to an estimated $15.9 billion by the end of 2008. It should reach $19.6 billion by 2013, a compound annual growth rate (CAGR) of 4.3%.
- Probiotic foods have the largest share of the market and are expected to be worth $13.8 billion in 2008 and $17.0 billion in 2013, a CAGR of 4.2%.
- Japan accounted for the largest share of total sales in 2007 with 39.5%, driven primarily by the country’s large and well-developed probiotic foods segment.
Report Highlights
-
U.S. sales of probiotics are estimated at $764 million in 2005 and are expected to rise at an average annual growth rate (AAGR) of 7.1% to $1.1 billion in 2010.
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U.S. sales of probiotics are estimated at $764 million in 2005 and are expected to rise at an average annual growth rate (AAGR) of 7.1% to $1.1 billion in 2010.
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Probiotics used in the manufacture of supplements are projected to reach $291.4 million in 2010, representing an AAGR of 6.7%.
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Food applications dominate the markets and sales are estimated at $498 million in 2005 and will rise at an AAGR of 7% to $700 in 2010. Yogurts, kefir and cultured drinks represent the major categories.
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