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LAMEA Probiotics Market Size, Share & Trends Analysis Report By Ingredient (Bacteria, and Yeast), By Product, By End-use (Human, and Animal), By Distribution Channel, By Country and Growth Forecast, 2023 - 2030

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    Report

  • 165 Pages
  • February 2024
  • Region: Africa, Middle East
  • Marqual IT Solutions Pvt. Ltd (KBV Research)
  • ID: 5945674
The Latin America, Middle East and Africa Probiotics Market would witness market growth of 9.2% CAGR during the forecast period (2023-2030).

Probiotics have been found to have applications in women's health, particularly in the management of urogenital health. Strains like Lactobacillus are recognized for their role in preventing and managing conditions such as urinary tract infections and bacterial vaginosis. Athletes and fitness enthusiasts increasingly use probiotics to support their overall health and enhance recovery. Probiotics may contribute to immune resilience, gastrointestinal health, and nutrient absorption, aligning with the demands of a physically active lifestyle.

Furthermore, the era of personalized nutrition has extended to the realm of probiotics, with companies offering microbiome testing services. This allows individuals to gain insights into their unique gut microbiota composition, enabling the selection of probiotics tailored to their specific needs. The synergy between probiotics and prebiotics, known as synbiotics, has gained attention for its potential to enhance the efficacy of probiotic products. Formulations that combine probiotics with prebiotic fibers aim to create a symbiotic relationship that fosters the growth and activity of beneficial bacteria.

The UAE has witnessed a growing awareness of health and wellness among its residents. Consumers are increasingly seeking food and beverage options that contribute to overall well-being. Probiotics, known for their potential benefits to gut health and the immune system, align with this trend. The UAE is home to a diverse population with residents from various cultural backgrounds. Thus, growing food service and food and beverage processing sectors in the LAMEA region will assist in expanding the regional probiotics market.

The Brazil market dominated the LAMEA Probiotics Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $2186.6 million by 2030. The Argentina market is showcasing a CAGR of 9.8% during (2023 - 2030). Additionally, The UAE market would register a CAGR of 8.9% during (2023 - 2030).

Based on Ingredient, the market is segmented into Bacteria, and Yeast. Based on Product, the market is segmented into Probiotic Food & Beverages (Dairy Products, Non-Dairy, Cereals, Baked Food, Fermented Meat, Others), Probiotic Dietary Supplements, and Animal Feed. Based on End-use, the market is segmented into Human, and Animal. Based on Distribution Channel, the market is segmented into Hypermarkets / Supermarkets, Specialty Stores, Pharmacies / Drugstores, Online Stores, and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.

List of Key Companies Profiled

  • Chr.Hansen Holding A/S
  • General Mills, Inc.
  • Yakult Honsha Co. Ltd.
  • Nestle S.A.
  • Danone SA
  • Probi
  • Arla Foods, Inc.
  • Lallemand Inc.
  • Kerry
  • BioGaia AB

Market Report Segmentation

By Ingredient
  • Bacteria
  • Yeast
By Product
  • Probiotic Food & Beverages
  • Dairy Products
  • Non-Dairy
  • Cereals
  • Baked Food
  • Fermented Meat
  • Others
  • Probiotic Dietary Supplements
  • Animal Feed
By End-use
  • Human
  • Animal
By Distribution Channel
  • Hypermarkets / Supermarkets
  • Specialty Stores
  • Pharmacies / Drugstores
  • Online Stores
  • Others
By Country
  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA

Table of Contents

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA Probiotics Market, by Ingredient
1.4.2 LAMEA Probiotics Market, by Product
1.4.3 LAMEA Probiotics Market, by End-use
1.4.4 LAMEA Probiotics Market, by Distribution Channel
1.4.5 LAMEA Probiotics Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Opportunities
3.2.3 Market Restraints
3.2.4 Market Challenges
Chapter 4. Competition Analysis - Global
4.1 Cardinal Matrix
4.2 Recent Industry Wide Strategic Developments
4.2.1 Partnerships, Collaborations and Agreements
4.2.2 Product Launches and Product Expansions
4.2.3 Acquisition and Mergers
4.2.4 Expansion
4.3 Market Share Analysis, 2022
4.4 Top Winning Strategies
4.4.1 Key Leading Strategies: Percentage Distribution (2019-2023)
4.4.2 Key Strategic Move: (Product Launches and Product Expansions : 2020, Jun - 2023, Oct) Leading Players
4.5 Porter’s Five Forces Analysis
Chapter 5. LAMEA Probiotics Market by Ingredient
5.1 LAMEA Bacteria Market by Country
5.2 LAMEA Yeast Market by Country
Chapter 6. LAMEA Probiotics Market by Product
6.1 LAMEA Probiotic Food & Beverages Market by Country
6.2 LAMEA Probiotics Market by Probiotic Food & Beverages Type
6.2.1 LAMEA Dairy Products Market by Country
6.2.2 LAMEA Non-Dairy Market by Country
6.2.3 LAMEA Cereals Market by Country
6.2.4 LAMEA Baked Food Market by Country
6.2.5 LAMEA Fermented Meat Market by Country
6.2.6 LAMEA Others Market by Country
6.3 LAMEA Probiotic Dietary Supplements Market by Country
6.4 LAMEA Animal Feed Market by Country
Chapter 7. LAMEA Probiotics Market by End-use
7.1 LAMEA Human Market by Country
7.2 LAMEA Animal Market by Country
Chapter 8. LAMEA Probiotics Market by Distribution Channel
8.1 LAMEA Hypermarkets / Supermarkets Market by Country
8.2 LAMEA Specialty Stores Market by Country
8.3 LAMEA Pharmacies / Drugstores Market by Country
8.4 LAMEA Online Stores Market by Country
8.5 LAMEA Others Market by Country
Chapter 9. LAMEA Probiotics Market by Country
9.1 Brazil Probiotics Market
9.1.1 Brazil Probiotics Market by Ingredient
9.1.2 Brazil Probiotics Market by Product
9.1.2.1 Brazil Probiotics Market by Probiotic Food & Beverages Type
9.1.3 Brazil Probiotics Market by End-use
9.1.4 Brazil Probiotics Market by Distribution Channel
9.2 Argentina Probiotics Market
9.2.1 Argentina Probiotics Market by Ingredient
9.2.2 Argentina Probiotics Market by Product
9.2.2.1 Argentina Probiotics Market by Probiotic Food & Beverages Type
9.2.3 Argentina Probiotics Market by End-use
9.2.4 Argentina Probiotics Market by Distribution Channel
9.3 UAE Probiotics Market
9.3.1 UAE Probiotics Market by Ingredient
9.3.2 UAE Probiotics Market by Product
9.3.2.1 UAE Probiotics Market by Probiotic Food & Beverages Type
9.3.3 UAE Probiotics Market by End-use
9.3.4 UAE Probiotics Market by Distribution Channel
9.4 Saudi Arabia Probiotics Market
9.4.1 Saudi Arabia Probiotics Market by Ingredient
9.4.2 Saudi Arabia Probiotics Market by Product
9.4.2.1 Saudi Arabia Probiotics Market by Probiotic Food & Beverages Type
9.4.3 Saudi Arabia Probiotics Market by End-use
9.4.4 Saudi Arabia Probiotics Market by Distribution Channel
9.5 South Africa Probiotics Market
9.5.1 South Africa Probiotics Market by Ingredient
9.5.2 South Africa Probiotics Market by Product
9.5.2.1 South Africa Probiotics Market by Probiotic Food & Beverages Type
9.5.3 South Africa Probiotics Market by End-use
9.5.4 South Africa Probiotics Market by Distribution Channel
9.6 Nigeria Probiotics Market
9.6.1 Nigeria Probiotics Market by Ingredient
9.6.2 Nigeria Probiotics Market by Product
9.6.2.1 Nigeria Probiotics Market by Probiotic Food & Beverages Type
9.6.3 Nigeria Probiotics Market by End-use
9.6.4 Nigeria Probiotics Market by Distribution Channel
9.7 Rest of LAMEA Probiotics Market
9.7.1 Rest of LAMEA Probiotics Market by Ingredient
9.7.2 Rest of LAMEA Probiotics Market by Product
9.7.2.1 Rest of LAMEA Probiotics Market by Probiotic Food & Beverages Type
9.7.3 Rest of LAMEA Probiotics Market by End-use
9.7.4 Rest of LAMEA Probiotics Market by Distribution Channel
Chapter 10. Company Profiles
10.1 Chr. Hansen Holding A/S
10.1.1 Company Overview
10.1.2 Financial Analysis
10.1.3 Segment & Regional Analysis
10.1.4 Research & Development Expense
10.1.5 Recent strategies and developments:
10.1.5.1 Partnerships, Collaborations, and Agreements:
10.1.5.2 Product Launches and Product Expansions:
10.1.5.3 Acquisition and Mergers:
10.1.6 SWOT Analysis
10.2 Nestle S.A
10.2.1 Company Overview
10.2.2 Financial Analysis
10.2.3 Segmental and Regional Analysis
10.2.4 Research & Development Expenses
10.2.5 Recent strategies and developments:
10.2.5.1 Product Launches and Product Expansions:
10.2.6 SWOT Analysis
10.3 Probi AB (Symrise AG)
10.3.1 Company Overview
10.3.2 Financial Analysis
10.3.3 Regional Analysis
10.3.4 Research & Development Expense
10.3.5 Recent strategies and developments:
10.3.5.1 Partnerships, Collaborations, and Agreements:
10.3.6 SWOT Analysis
10.4 Arla Foods, Inc.
10.4.1 Company Overview
10.4.2 Financial Analysis
10.4.3 Regional Analysis
10.4.4 Research & Development Expense
10.4.5 SWOT Analysis
10.5 Kerry Group PLC
10.5.1 Company Overview
10.5.2 Financial Analysis
10.5.3 Segmental and Regional Analysis
10.5.4 Research & Development Expenses
10.5.5 SWOT Analysis
10.6 BioGaia AB
10.6.1 Company Overview
10.6.2 Financial Analysis
10.6.3 Segmental and Regional Analysis
10.6.4 Research & Development Expense
10.6.5 Recent strategies and developments:
10.6.5.1 Partnerships, Collaborations, and Agreements:
10.6.5.2 Product Launches and Product Expansions:
10.6.6 SWOT Analysis
10.7 Yakult Honsha Co., Ltd.
10.7.1 Company Overview
10.7.2 Financial Analysis
10.7.3 Segmental and Regional Analysis
10.7.4 Research & Development Expenses
10.7.5 Recent strategies and developments:
10.7.5.1 Product Launches and Product Expansions:
10.7.5.2 Geographical Expansions:
10.7.6 SWOT Analysis
10.8 Danone S.A.
10.8.1 Company Overview
10.8.2 Financial Analysis
10.8.3 Category and Regional Analysis
10.8.4 Recent strategies and developments:
10.8.4.1 Product Launches and Product Expansions:
10.8.5 SWOT Analysis
10.9 Lallemand, Inc.
10.9.1 Company Overview
10.9.2 Recent strategies and developments:
10.9.2.1 Partnerships, Collaborations, and Agreements:
10.9.2.2 Product Launches and Product Expansions:
10.9.2.3 Acquisition and Mergers:
10.9.3 SWOT Analysis
10.10. General Mills, Inc.
10.10.1 Company Overview
10.10.2 Financial Analysis
10.10.3 Segmental and Regional Analysis
10.10.4 Research & Development Expense
10.10.5 Recent strategies and developments:
10.10.5.1 Partnerships, Collaborations, and Agreements:
10.10.6 SWOT Analysis

Companies Mentioned

  • Chr. Hansen Holding A/S
  • General Mills, Inc.
  • Yakult Honsha Co. Ltd.
  • Nestle S.A.
  • Danone SA
  • Probi
  • Arla Foods, Inc.
  • Lallemand Inc.
  • Kerry
  • BioGaia AB

Methodology

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