Global Probiotics Ingredients Market Report and Forecast 2024-2032
Probiotic ingredients are live microorganisms that, when administered in adequate amounts, confer a health benefit on the host. They are commonly found in fermented foods, and dietary supplements, and are increasingly being incorporated into functional foods and beverages.
The driving force behind the probiotics ingredients market growth is the growing consumer awareness regarding gut health and the direct link between digestive health and overall well-being. This has led to a surge in demand for probiotic products, particularly in the dietary supplements and functional foods sectors.
The application of probiotics in the dairy industry, especially in yoghurts and fermented milk products, is a significant factor propelling the probiotics ingredients market demand. Probiotics are being increasingly used in dairy alternatives as well, catering to the vegan and lactose-intolerant population.
In addition to gut health, probiotics are also recognised for their potential benefits in boosting immunity, managing weight, and even improving mental health. This wide range of health benefits is expanding the applications of probiotics in various food and healthcare products. Technological advancements in microencapsulation techniques have improved the viability and stability of probiotics in different environments, further fuelling the probiotics ingredients market size.
Regionally, the Asia-Pacific region, led by countries like Japan, China, and India, is a major market for probiotics ingredients, attributed to the traditional consumption of fermented foods and growing health consciousness among consumers. North America and Europe are also significant markets, with increasing consumer awareness about probiotic benefits and rising health and wellness trends among the population.
Key players in the market are focusing on research and development to enhance the efficacy and application range of their probiotic ingredients. As per the probiotics ingredients market analysis, collaborations, strategic partnerships, and expansions are part of their strategies to meet the growing global demand, which further contributes to the overall market expansion.
Market Segmentation
The market can be divided based on application, source, end use, and region.
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Market Outlook
According to the report, the global probiotics ingredients market is projected to grow at a CAGR of 7.8% between 2024 and 2032. Aided by growing demand for healthy supplements, the market is expected to grow significantly by 2032.Probiotic ingredients are live microorganisms that, when administered in adequate amounts, confer a health benefit on the host. They are commonly found in fermented foods, and dietary supplements, and are increasingly being incorporated into functional foods and beverages.
The driving force behind the probiotics ingredients market growth is the growing consumer awareness regarding gut health and the direct link between digestive health and overall well-being. This has led to a surge in demand for probiotic products, particularly in the dietary supplements and functional foods sectors.
The application of probiotics in the dairy industry, especially in yoghurts and fermented milk products, is a significant factor propelling the probiotics ingredients market demand. Probiotics are being increasingly used in dairy alternatives as well, catering to the vegan and lactose-intolerant population.
In addition to gut health, probiotics are also recognised for their potential benefits in boosting immunity, managing weight, and even improving mental health. This wide range of health benefits is expanding the applications of probiotics in various food and healthcare products. Technological advancements in microencapsulation techniques have improved the viability and stability of probiotics in different environments, further fuelling the probiotics ingredients market size.
Regionally, the Asia-Pacific region, led by countries like Japan, China, and India, is a major market for probiotics ingredients, attributed to the traditional consumption of fermented foods and growing health consciousness among consumers. North America and Europe are also significant markets, with increasing consumer awareness about probiotic benefits and rising health and wellness trends among the population.
Key players in the market are focusing on research and development to enhance the efficacy and application range of their probiotic ingredients. As per the probiotics ingredients market analysis, collaborations, strategic partnerships, and expansions are part of their strategies to meet the growing global demand, which further contributes to the overall market expansion.
Market Segmentation
The market can be divided based on application, source, end use, and region.
Market Breakup by Application
- Functional Foods and Beverages
- Dairy Products
- Non-Dairy Products
- Pharmaceuticals
- Dietary Supplements
- Animal Nutrition
- Others
Market Breakup by Source
- Bacteria
- Lactobacillus
- Bacillus
- Enterococcus
- Bifidobacterium
- Streptococcus
- Yeast
- Saccharomyces Cerevisiae
- Saccharomyces Boulardii
- Others
Market Breakup by End Use
- Human Consumption
- Intestinal Disorders
- Lactose Intolerance
- Inflammatory Bowel Disorders
- Cardiovascular Diseases
- Obesity
- Urogenital Infections
- Type-2 Diabetes
- Cancer
- Animal Consumption
Market Breakup by Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Competitive Landscape
The report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the global probiotics ingredients market. Some of the major players explored in the report are as follows:- CHR Hansen Holding A/S
- Danisco A/S (DuPont)
- Lallemand, Inc.
- Novozymes A/S
- Kerry Group Plc (Ganeden Inc.)
- Archer Daniels Midland Company (Probiotics International Ltd.)
- Bifodan A/S
- Others
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Table of Contents
1 Preface2 Report Coverage - Key Segmentation and Scope4 Key Assumptions7 Opportunities and Challenges in the Market15 Value Chain Analysis
3 Report Description
5 Executive Summary
6 Snapshot
8 Global Probiotics Ingredients Market Analysis
9 North America Probiotics Ingredients Market Analysis
10 Europe Probiotics Ingredients Market Analysis
11 Asia Pacific Probiotics Ingredients Market Analysis
12 Latin America Probiotics Ingredients Market Analysis
13 Middle East and Africa Probiotics Ingredients Market Analysis
14 Market Dynamics
16 Price Analysis
17 Competitive Landscape
18 Key Trends and Developments in the Market
1 Manufacturing Process
2 Project Requirement and Cost Analysis
List of Key Figures and Tables
Companies Mentioned
- CHR Hansen Holding A/S
- Danisco A/S (Dupont)
- Lallemand Inc.
- Novozymes A/S
- Kerry Group Plc (Ganeden Inc.)
- Archer Daniels Midland Company (Probiotics International Ltd.)
- Bifodan A/S
Methodology
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 167 |
| Published | February 2024 |
| Forecast Period | 2024 - 2032 |
| Estimated Market Value ( USD | $ 3.6 Billion |
| Forecasted Market Value ( USD | $ 6.5 Billion |
| Compound Annual Growth Rate | 7.8% |
| Regions Covered | Global |
| No. of Companies Mentioned | 7 |
