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The global probiotic ingredients market reached a value of US$ 4.83 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 7.06 Billion by 2027, exhibiting a CAGR of 6.30% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.
Probiotics refer to live microorganisms consumed for improving the functioning of the digestive system. Also known as good or healthy bacteria, they help prevent diseases related to oral health, bacterial vaginosis, and urinary tract infection. They also aid in preventing ailments such as respiratory infections, necrotizing enterocolitis, and bowel diseases. Probiotic ingredients are available in the form of capsules, tablets, powder, and liquid, as well as found in fermented food products containing live-active cultures, such as yogurt, kefir, sourdough bread, sauerkraut, tempeh, and kimchi. When consumed in the form of supplements, probiotics colonize the gut with health-boosting microorganisms and stops undesirable bacteria from overgrowing in the digestive tract. They are also suggested by doctors as they help in reducing depression and promote heart health.
The global probiotic ingredients market is primarily driven by the increasing awareness among individuals regarding preventive healthcare, which has resulted in the rising expenditure on probiotic products. This trend has further been boosted by the spread of the coronavirus disease (COVID-19) pandemic, which has increased the focus toward strengthening immunity. The growing prevalence of gut-related diseases, especially among the geriatric population, is also propelling the market growth. In countries such as Japan, Germany, and the United States, probiotic-based dietary supplements are widely consumed, and probiotic food products have become a part of the food culture. Factors such as increasing disposable incomes and the changing attitude toward preventive healthcare, coupled with the easy availability of information on the internet, are positively influencing the growth of the market. Furthermore, market players are launching new products in convenient packaging formats made with superior quality ingredients.
IMARC Group provides an analysis of the key trends in each sub-segment of the global probiotic ingredients market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on ingredient, form and application.
Breakup by Ingredient:
Breakup by Form:
Breakup by Application:
Breakup by Region:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Advanced Enzyme Technologies Limited, Biena, Biogaia, Chr. Hansen Holding AS, Danone Inc., Deerland Probiotics & Enzymes Inc., DuPont de Nemours Inc., Kerry Group plc, Koninklijke DSM NV and Lallemand Inc.
|Base Year of the Analysis||2021|
|Segment Coverage||Ingredient, Form, Application, Region|
|Region Covered||Asia Pacific, Europe, North America, Latin America, Middle East and Africa|
|Countries Covered||United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico|
|Companies Covered||Advanced Enzyme Technologies Limited, Biena, Biogaia, Chr. Hansen Holding AS, Danone Inc., Deerland Probiotics & Enzymes Inc., DuPont de Nemours Inc., Kerry Group plc, Koninklijke DSM NV and Lallemand Inc.|
|Customization Scope||10% Free Customization|
|Report Price and Purchase Option||Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
|Post-Sale Analyst Support||10-12 Weeks|
|Delivery Format||PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)|
The global probiotic ingredients market was valued at US$ 4.83 Billion in 2021.
We expect the global probiotic ingredients market to exhibit a CAGR of 6.30% during 2022-2027.
The growing consumer awareness towards preventive healthcare, along with the widespread demand for probiotic-based dietary supplements and probiotic food products, is primarily driving the global probiotic ingredients market.
The sudden outbreak of the COVID-19 pandemic has led to the rising utilization of probiotic products among the individuals owing to the increased focus towards boosting the immune system to reduce the risk of the coronavirus infection.
Based on the ingredient, the global probiotic ingredients market can be segmented into bacteria, yeast, and spore formers. Currently, bacteria holds the majority of the total market share.
Based on the form, the global probiotic ingredients market has been divided into liquid and dry, where liquid form currently exhibits a clear dominance in the market.
Based on the application, the global probiotic ingredients market can be categorized into food and beverages, dietary supplements, and animal feed probiotic. Among these, food and beverage segment accounts for the largest market share.
On a regional level, the market has been classified into North America, Asia-Pacific, Europe, Latin America, and Middle East and Africa, where Europe currently dominates the global market.
Some of the major players in the global probiotic ingredients market include Advanced Enzyme Technologies Limited, Biena, Biogaia, Chr. Hansen Holding AS, Danone Inc., Deerland Probiotics & Enzymes Inc., DuPont de Nemours Inc., Kerry Group plc, Koninklijke DSM NV, and Lallemand Inc.
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