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Egypt Probiotics Market - Forecasts from 2022 to 2027

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    Report

  • 76 Pages
  • December 2022
  • Region: Egypt
  • Knowledge Sourcing Intelligence LLP
  • ID: 5716705
Egypt’s probiotics market is projected to grow at a CAGR of 7.03% to reach US$193.389 million by 2027, from US$120.160 million in 2020.

Probiotics are living microorganisms that have health benefits when they are either consumed or applied to the body. Probiotics contain good bacteria that help in digesting food, destroy disease-causing cells, and produce vitamins. They also help in maintaining a healthy balance in the body. Naturally, probiotics are found in yogurt. The food and drug administration (FDA) regulates probiotics like foods, and not like medications.

Growing preventive health awareness in Egypt

In Egypt, many reforms are being undertaken since 2003, that have contributed to the growth of the nation. With growing business opportunities and encouraging investment plans, the International Monetary Fund (IMF) rates Egypt as one of the top countries in the world, that are undertaking reforms to modernize its economy and is on the path toward development. According to the World Bank, the adjusted net national income per capita in Egypt was $3,174. Consequently, better economic conditions in Egypt have promoted its citizens to upgrade their standard of living. Therefore, in order to lead a good life, the population is conscious about their health and is willing to keep themselves healthy and fit and are actively taking preventive healthcare measures despite the time constraints. Probiotic intake is considered healthy and a smart choice among them due to its clinically proven health benefits.

Moreover, according to the World Bank Data, Egypt’s age dependency ratio reached 65% in 2021, which is an indication of the Increasing aging population. This is fueling the demand for probiotics as probiotic supplements may be effective in counteracting age-related shifts as they help to restore the natural diversity of human gut bacteria, strengthen the immune system, and positively impact cognition and mood which impacts health outcomes and promote healthy aging.

Market Developments

Therefore, the market players are making mindful investments and launches to expand the product offering for the market. For instance,
  • In April 2022, Sandoz Egypt formed an alliance with the Egyptian Paediatric Association (EPA). The alliance announced the launch of a new probiotic, Linex - with Bifidobacterium lactis BB-12. The new probiotic supports the balance and function of useful intestinal microflora. Infants and children have been chosen as the target audience. The supplements may increase the children’s body resistance to common infections by strengthening the specific immune response to an immune challenge.
  • In April 2021, BioGaia and Minapharm Pharmaceuticals signed a partnership agreement. The terms of the partnership give exclusive rights to Minapharm Pharmaceuticals to sell BioGaia Protectis drops in Egypt. Consequently, the probiotics will be sold under the BioGaia brand. The product was launched in the fourth quarter of 2021.
COVID 19

The COVID-19 pandemic caused millions of deaths worldwide. It severely hampered the immunity of individuals. However, the pandemic had a positive impact on the Egypt probiotics market. As probiotics are known to restore a stable gut microbiota by regulating innate and adaptive immunity within the gut, they were used to combat COVID-19 because of several pieces of evidence that suggested that COVID-19 has an adverse impact on gut microbiota dysbiosis. Thus probiotics were used for their antiviral properties as an adjunctive treatment to combat COVID-19. Several clinical trials were also undertaken, which proved the efficacy of probiotics and their metabolites in treating patients with the virus.

Market Segmentation:

  • By Type
  • Lactobacillus
  • Streptococcus
  • Bifidobacterium
  • Spore Formers
  • Others
  • By Form
  • Liquid
  • Dry
  • By Application
  • Functional Food and Beverages
  • Dietary Supplements
  • Animal Feed
  • By End-User
  • Human
  • Animal
Frequently Asked Questions about the Egyptian Probiotics Market

What is the estimated value of the Egyptian Probiotics Market?

The Egyptian Probiotics Market was estimated to be valued at $120.16 million in 2020.

What is the growth rate of the Egyptian Probiotics Market?

The growth rate of the Egyptian Probiotics Market is 7.0%, with an estimated value of $193.39 million by 2027.

What is the forecasted size of the Egyptian Probiotics Market?

The Egyptian Probiotics Market is estimated to be worth $193.39 million by 2027.

Who are the key companies in the Egyptian Probiotics Market?

Key companies in the Egyptian Probiotics Market include SEKEM, Sandoz Egypt and Nestlé S.A..

Table of Contents

1. INTRODUCTION
1.1. Market Overview
1.2. COVID-19 Scenario
1.3. Market Definition
1.4. Market Segmentation

2. RESEARCH METHODOLOGY
2.1. Research Data
2.2. Assumptions

3. EXECUTIVE SUMMARY
3.1. Research Highlights

4. MARKET DYNAMICS
4.1. Market Drivers
4.2. Market Restraints
4.3. Porter's Five Forces Analysis
4.3.1. Bargaining Power of Suppliers
4.3.2. Bargaining Power of Buyers
4.3.3. Threat of New Entrants
4.3.4. Threat of Substitutes
4.3.5. Competitive Rivalry in the Industry
4.4. Industry Value Chain Analysis

5. EGYPT PROBIOTICS MARKET, BY TYPE
5.1. Introduction
5.2. Lactobacillus
5.3. Streptococcus
5.4. Bifidobacterium
5.5. Spore Formers
5.6. Others

6. EGYPT PROBIOTICS MARKET, BY FORM
6.1. Introduction
6.2. Liquid
6.3. Dry

7. EGYPT PROBIOTICS MARKET, BY APPLICATION
7.1. Introduction
7.2. Functional Food & Beverage
7.3. Dietary Supplements
7.4. Animal Feed

8. EGYPT PROBIOTICS MARKET, BY END-USER
8.1. Introduction
8.2. Human
8.3. Animal

9. COMPETITIVE ENVIRONMENT AND ANALYSIS
9.1. Major Players and Strategy Analysis
9.2. Emerging Players and Market Lucrativeness
9.3. Mergers, Acquisitions, Agreements, and Collaborations
9.4. Vendor Competitiveness Matrix

10. COMPANY PROFILES
10.1. SEKEM
10.2. Sandoz Egypt
10.3. Danone
10.4. Nestlé S.A.
*List is not exhaustive

Companies Mentioned

  • SEKEM
  • Sandoz Egypt
  • Danone
  • Nestlé S.A.