Global Probiotics Market
The Global Probiotic Market was valued at USD 45.62 billion in 2019 which is anticipated to reach USD 78.90 billion by 2030 at a CAGR 7.66%.
Probiotics are defined as the live bacteria and yeasts which are similar to beneficial microorganisms found in the human gut that are taken as dietary supplements. The increase in awareness regarding preventive healthcare is anticipated to benefit the overall global probiotics market growth.
Market Drivers
The increase in demand for probiotics in various industries is expected to boost the global probiotics market growth during this forecast period. Furthermore, the rise in investments in research and development activities to develop efficient probiotic strains will positively influence the market growth. Also, the increase in demand for probiotic dietary supplements by consumers is expected to drive the global probiotic market growth over the forecast period. Moreover, the rise consumer awareness about value-added products will drive the market growth during this forecast timeline. In addition to that, continuous technological advancements will support the market growth.
Market Restraints
Stringent international quality standards and regulations for probiotic product is expected to hamper the global probiotics market growth. Also, high research and development costs for developing new probiotic strains will limit the global probiotic market growth.
Market Segmentation
The Global Probiotics Market is segmented into product such as Food & Beverages, Dietary Supplements, by ingredients such as Bacteria, and Yeast, by end use such as Human probiotics, and Animal Probiotics. Further, market is segmented into distribution channel such as Hypermarkets, Pharmacies, Specialty Stores, and Online Stores.
Also, global probiotics market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
Market Key Players Some key players are discussed in this report such as Chr. Hansen, Danone, Yakult Honsha, Morinaga Milk Industry Co., Ltd ,DowDuPont, Kerry, Probi AB, Nestle, Biogaia,., and Glac Biotech.
Market Taxonomy By Product Food & Beverages Dietary Supplements
By Ingredients Bacteria Yeast
By End Use Human probiotics Animal Probiotics
By Distribution Channel Hypermarkets Pharmacies Specialty Stores Online Stores
By Region North America Latin America Europe Asia Pacific Middle East & Africa Key Questions Addressed by the Report What are the Key Opportunities in Global Probiotics Market? What will be the growth rate from 2019 to 2030? Which segment/region will have highest growth? What are the factors that will impact/drive the Market? What is the competitive Landscape in the Industry? What is the role of key players in the value chain? What are the strategies adopted by key players?
Global Probiotics Market TOC
1 Introduction 1.1 Objective of the Study 1.2 Market definition 1.3 Market Scope
2 Research Methodology
2.1 Data Mining 2.2 Validation 2.3 Primary Interviews 2.4 List of Data Sources
3 Executive Summary 4 Global Probiotics Market Outlook 4.1 Overview 4.2 Market Dynamics 4.2.1 Drivers 4.2.2 Restraints 4.2.3 Opportunities 4.3 Porters Five Force Model 4.4 Value Chain Analysis
5 Global Probiotics Market, By Product 5.1 Y-o-Y Growth Comparison, By Product
5.2 Global Probiotics Market Share Analysis, By Product
5.3 Global Probiotics Market Size and Forecast, By Product 5.3.1 Food & Beverages 5.3.2 Dietary Supplements
6 Global Probiotics Market, By Ingredient 6.1 Y-o-Y Growth Comparison, By Ingredient
6.2 Global Probiotics Market Share Analysis, By Ingredient
6.3 Global Probiotics Market Size and Forecast, By Ingredient 6.3.1 Bacteria 6.3.2 Yeast 7 Global Probiotics Market, By End Use 7.1 Y-o-Y Growth Comparison, By End Use
7.2 Global Probiotics Market Share Analysis, By End Use
7.3 Global Probiotics Market Size and Forecast, By End Use 7.3.1 Human probiotics 7.3.2 Animal Probiotics
8 Global Probiotics Market, By Distribution Channel 8.1 Y-o-Y Growth Comparison, By Distribution Channel
8.2 Global Probiotics Market Share Analysis, By Distribution Channel
8.3 Global Probiotics Market Size and Forecast, By Distribution Channel 8.3.1 Hypermarkets
8.3.2 Pharmacies 8.3.3 Specialty Stores
8.3.4 Online Stores 9Global Probiotics Market, By Region 9.1 Global Probiotics Market Share Analysis, By Region
9.2 Global Probiotics Market Share Analysis, By Region
9.3 Global Probiotics Market Size and Forecast, By Region
10 North America Probiotics Analysis and Forecast (2020 – 2030) 10.1 Introduction
10.2 North America Probiotics Product Market Share Analysis, By Product
10.3 North America Probiotics Product Market Size and Forecast, By Ingredient
10.4 North America Probiotics Product Market Size and Forecast, By End Use
10.5 North America Probiotics Product Market Size and Forecast, By Distribution Channel
10.6 North America Probiotics Product Market Size and Forecast, By Country
10.6.1 U.S. 10.6.2 Canada 10.6.3 Mexico
11Europe Probiotics Market Analysis and Forecast (2020 – 2030) 11.1 Introduction
11.2 Europe Probiotics Product Market Share Analysis, By Product
11.3 Europe Probiotics Product Market Size and Forecast, By Ingredient
11.4 Europe Probiotics Product Market Size and Forecast, By End Use
11.5 Europe Probiotics Product Market Size and Forecast, By Distribution Channel
11.6 Europe Probiotics Product Market Size and Forecast, By Country
11.6.1 Germany 11.6.2 France 11.6.3 UK
11.64. Rest of Europe
12Asia Pacific Probiotics Market Analysis and Forecast (2020 – 2030) 12.1 Introduction
12.2 Asia Pacific Probiotics Product Market Share Analysis, By Product
12.3 Asia Pacific Probiotics Product Market Size and Forecast, By Ingredient
12.4 Asia Pacific Probiotics Product Market Size and Forecast, By End Use
12.5 Asia Pacific Probiotics Product Market Size and Forecast, By Distribution Channel
12.6 Asia Pacific Probiotics Product Market Size and Forecast, By Country
12.6.1 China 12.6.2 Japan 12.6.3 India
12.6.4. Rest of Asia Pacific
13Latin America Probiotics Market Analysis and Forecast (2020 – 2030) 13.1 Introduction
13.2 Latin America Probiotics Product Market Share Analysis, By Product
13.3 Latin America Probiotics Product Market Size and Forecast, By Ingredient
13.4 Latin America Probiotics Product Market Size and Forecast, By End Use
13.5 Latin America Probiotics Product Market Size and Forecast, By Distribution Channel
13.6 Latin America Probiotics Product Market Size and Forecast, By Country
14Middle East Probiotics Market Analysis and Forecast (2020 – 2030) 14.1 Introduction
14.2 Middle East Probiotics Product Market Share Analysis, By Product
14.3 Middle East Probiotics Product Market Size and Forecast, By Ingredient
14.4 Middle East Probiotics Product Market Size and Forecast, By End Use
14.5 Middle East Probiotics Product Market Size and Forecast, By Distribution Channel
14.6 Middle East Probiotics Product Market Size and Forecast, By Country
15Competitive Analysis 15.1 Competition Dashboard 15.2 Market share Analysis of Top Vendors 15.3 Key Development Strategies
16Company Profiles
16.1 Chr. Hansen 16.1.1 Overview 16.1.2 Offerings 16.1.3 Key Financials 16.1.4 Business Segment & Geographic Overview
16.1.5 Key Market Developments
16.1.6 Key Strategies
16.2 Danone 16.2.1 Overview 16.2.2 Offerings 16.2.3 Key Financials 16.2.4 Business Segment & Geographic Overview
16.2.5 Key Market Developments
16.2.6 Key Strategies
16.3 Yakult Honsha 16.3.1 Overview 16.3.2 Offerings 16.3.3 Key Financials 16.3.4 Business Segment & Geographic Overview
16.3.5 Key Market Developments
16.3.6 Key Strategies
16.4 DowDuPont 16.4.1 Overview 16.4.2 Offerings 16.4.3 Key Financials 16.4.4 Business Segment & Geographic Overview
16.4.5 Key Market Developments
16.4.6 Key Strategies
16.5 Kerry 16.5.1 Overview 16.5.2 Offerings 16.5.3 Key Financials 16.5.4 Business Segment & Geographic Overview
16.5.5 Key Market Developments
16.5.6 Key Strategies
16.6 Probi AB 16.6.1 Overview 16.6.2 Offerings 16.6.3 Key Financials 16.6.4 Business Segment & Geographic Overview
16.6.5 Key Market Developments
16.6.6 Key Strategies
16.7 Nestle 16.7.1 Overview 16.7.2 Offerings 16.7.3 Key Financials 16.7.4 Business Segment & Geographic Overview
16.7.5 Key Market Developments
16.7.6 Key Strategies
16.8 Biogaia
16.8.1 Overview 16.8.2 Offerings 16.8.3 Key Financials 16.8.4 Business Segment & Geographic Overview
16.8.5 Key Market Developments
16.8.6 Key Strategies
16.9 Morinaga Milk Industry Co., Ltd.
16.9.1 Overview 16.9.2 Offerings 16.9.3 Key Financials 16.9.4 Business Segment & Geographic Overview
16.9.5 Key Market Developments
16.9.6 Key Strategies
16.10 Glac Biotech
16.10.1 Overview 16.10.2 Offerings 16.10.3 Key Financials 16.10.4 Business Segment & Geographic Overview
16.10.5 Key Market Developments
16.10.6 Key Strategies