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Peru Probiotics Market - Forecasts from 2022 to 2027

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    Report

  • 78 Pages
  • December 2022
  • Region: Peru
  • Knowledge Sourcing Intelligence LLP
  • ID: 5716738
Peru probiotics market is anticipated to expand at a CAGR of 14.34% over the course of the forecast period, from US$0.027 billion in 2020 to a total market value of US$0.069 billion by 2027.

Live microorganisms known as probiotics are intended to improve one's health whether taken orally or topically. Yogurts, other fermented foods, and probiotic-rich beverages are widely available and provide delicious, nutrient-dense snacks. Probiotics are also found in many cosmetic products. When consumed in appropriate amounts, probiotics have beneficial effects on the body, including improved gut health and reduced intestinal inflammation. Since they improve immune function and halt the progression of diseases, probiotics are crucial for preventative healthcare.

Growing Health concerns for humans and animals is anticipated to boost the market

One of the key factors driving the market growth for probiotics is anticipated to be expansion in the food and beverage sector as a result of rising consumer expenditure and supportive governmental policies. A healthy lifestyle and food choices are part of preventive healthcare and aid in preventing the development of diseases. Preventive healthcare awareness is expanding as a result of a number of variables, including rising disposable income, rising standards of living, and an aging population. The ease with which information on preventative healthcare is available online is also helping to increase awareness. Probiotics are being used in dietary supplements such as infant formula, food supplements, nutritional supplements, and specialty nutrients as the demand for dietary supplements rise as a result of rising fitness aspirations among individuals. The demand for probiotics in functional food and beverages has increased as a result of rising processed food consumption, unhealthy lifestyle choices, and increased media and health authority coverage of nutrition and the relationship between diet and health.

Key Developments:

  • April 2021: Probiotic detergent soap was introduced by Peruvian mineral water company Andea to aid in the preservation of natural rivers, especially those that supply springs. The company discovered bacteria with a probiotic function that feeds on water pollutants while collaborating with researchers at CIRSYS and then developed a laundry soap that, when used to wash clothes, releases those microorganisms into rivers. Water testing has taken before and after the use of AWA soap show an improvement in water quality of up to 75%, according to Andea. The AWA formula is being made freely available to manufacturers, environmental groups, and governmental entities by Andea.

Product Offerings:

  • Progurt Probiotic Sachet: Progurt Probiotic Sachets are a 100% natural, super-strength, a human-isolated probiotic that is intended to support gut flora balance and digestive health. More than 1 trillion CFU of helpful bacteria per sachet. Each Progurt Probiotic Sachet is water-soluble and contains multiple human probiotic isolates that are the same as those that are present in a healthy human gut from birth. These isolates include Lactic Acid Bacteria (LAB) and Bifidobacteria, including advantageous strains of Lactobacillus acidophilus, Lactobacillus Bifidus, and S. thermophilus, making them more potent than other probiotics. Each Progurt Probiotic Sachet is an intense, super-strength, single dosage, equivalent to 40 capsules* (*at 25 Billion per Capsule), and is ideal for use after taking antibiotics, when traveling, when the stomach hurts, when there is a gut imbalance when there are dairy and food intolerances, and when there is poor gut function.
  • BioGaia Protectis baby drops: The probiotic food supplement BioGaia Protectis baby drops with vitamin D contains the patented lactic acid bacterium Limosilactobacillus reuteri (previously known as Lactobacillus reuteri) Protectis (L. reuteri DSM 17938) and vitamin D, which aids in the natural re-establishment of the balance of good microorganisms in the gut. Children's immune systems need vitamin D to function normally, and their bones need vitamin D to grow and develop normally. A white desiccant device is included in the package to increase shelf life. It contains L. reuteri DSM 17938, medium chain triglyceride oil (palm kernel), and sunflower oil. 100 million live L. reuteri Protectis are present in its 5 drops and is safe for long-term usage.

Market Segmentation:

  • By Ingredient
  • Bacteria
  • Lactobacilli
  • Bifidobacterium
  • Streptococcus thermophilus
  • Yeast
  • Saccharomyces boulardii
  • 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 Peruvian Probiotics Market

What is the estimated value of the Peruvian Probiotics Market?

The Peruvian Probiotics Market was estimated to be valued at $0.03 billion in 2020.

What is the growth rate of the Peruvian Probiotics Market?

The growth rate of the Peruvian Probiotics Market is 14.3%, with an estimated value of $0.07 billion by 2027.

What is the forecasted size of the Peruvian Probiotics Market?

The Peruvian Probiotics Market is estimated to be worth $0.07 billion by 2027.

Who are the key companies in the Peruvian Probiotics Market?

Key companies in the Peruvian Probiotics Market include Progurt Inc and Biogaia.

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. PERU PROBIOTICS MARKET BY INGREDIENT
5.1. Introduction
5.2. Bacteria
5.2.1. Lactobacilli
5.2.2. Bifidobacterium
5.2.3. Streptococcus Thermophilus
5.3. Yeast
5.4. Saccharomyces Boulardii
5.5. Others

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

7. PERU PROBIOTICS MARKET BY APPLICATION
7.1. Introduction
7.2. Functional Food and Beverages
7.3. Dietary Supplements
7.4. Animal Feed

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

9. COMPETITIVE INTELLIGENCE
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. Progurt Inc
10.2. Axon
10.3. Biogaia
*List is not exhaustive

Companies Mentioned

  • Progurt Inc
  • Axon
  • Biogaia