Global Probiotics Market to Reach $91.7 Billion by 2030
The global market for Probiotics estimated at US$59.3 Billion in the year 2022, is projected to reach a revised size of US$91.7 Billion by 2030, growing at a CAGR of 5.6% over the analysis period 2022-2030. Bacteria, one of the segments analyzed in the report, is projected to record 5.3% CAGR and reach US$70.8 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Yeast segment is readjusted to a revised 6.8% CAGR for the next 8-year period.The U.S. Market is Estimated at $16.2 Billion, While China is Forecast to Grow at 9.2% CAGR
The Probiotics market in the U.S. is estimated at US$16.2 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$20.1 Billion by the year 2030 trailing a CAGR of 9.2% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2% and 6% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 3.1% CAGR.Select Competitors (Total 226 Featured) -
- BioGaia AB
- Bright Food (Group) Co., Ltd.
- China-Biotics Inc.
- Chobani, LLC
- Chr. Hansen Holding A/S
- DuPont Nutrition & Health
- Garden of Life LLC
- General Mills
- Groupe Danone SA
- Gujarat Cooperative Milk Marketing Federation (AMUL)
- Hangzhou Wahaha Group
- Kirkman Group
- Meiji Holdings Co., Ltd.
- Natren, Inc.
- Nestlé S.A.
- Probi AB
- Renew Life
- Seven Seas Ltd.
- Valio Ltd.
- Yakult Honsha Co., Ltd.
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARYIII. MARKET ANALYSISCANADAITALYSPAINRUSSIAREST OF EUROPESOUTH KOREAREST OF ASIA-PACIFICARGENTINABRAZILMEXICOREST OF LATIN AMERICAIRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EASTIV. COMPETITION
1. MARKET OVERVIEW
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
UNITED KINGDOM
ASIA-PACIFIC
AUSTRALIA
INDIA
LATIN AMERICA
MIDDLE EAST
AFRICA
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- BioGaia AB
- Bright Food (Group) Co., Ltd.
- China-Biotics Inc.
- Chobani, LLC
- Chr. Hansen Holding A/S
- DuPont Nutrition & Health
- Garden of Life LLC
- General Mills
- Groupe Danone SA
- Gujarat Cooperative Milk Marketing Federation (AMUL)
- Hangzhou Wahaha Group
- Kirkman Group
- Meiji Holdings Co., Ltd.
- Natren, Inc.
- Nestlé S.A.
- Probi AB
- Renew Life
- Seven Seas Ltd.
- Valio Ltd.
- Yakult Honsha Co., Ltd.
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 283 |
Published | March 2024 |
Forecast Period | 2022 - 2030 |
Estimated Market Value ( USD | $ 59.3 Billion |
Forecasted Market Value ( USD | $ 91.7 Billion |
Compound Annual Growth Rate | 5.6% |
Regions Covered | Global |