Global Probiotics Market is valued at USD 61.50 Billion in 2021 and expected to reach USD 108.16 Billion by 2028 with a CAGR of 8.4% over the forecast period.
Global Probiotic Market: Global Size, Trends, Competitive, Historical & Forecast Analysis, 2022-2029- Increasing demand of dietary supplements coupled with a preference towards healthy foods probiotics for immunity boosting, rising geriatric population and growing awareness regarding the health benefits of consuming probiotics amongst consumers are some of the major factors anticipated to drive the growth of Global Probiotic Market.
Probiotics are living bacteria or yeasts that are good for humans, especially in the human digestive system. Probiotics are called ""good"" or ""useful"" bacteria because they help keep the human body's gut healthy. Lactobacillus, Bifidobacterium, and saccharomyces boulardii are the types of probiotics. Lactobacillus is called the most common probiotic. It can be found in other fermented foods and yogurt. Different strains help in diarrhea and can help people who cannot digest milk sugar, lactose. It can help reduce the symptoms of irritable bowel syndrome (IBS) and some other conditions. Saccharomyces Boulardii is found in Yeast. It helps to fight diarrhea and other digestive issues. Moreover, probiotics protect healthy organisms from potentially harmful organisms. Probiotics products are now used to diagnose mental illness, as well as to treat digestive problems and neurological disorders. Furthermore, they strengthen the human immune system, protect proteins and lipids from oxidative damage, and reduce pathogens in the body.
The Covid-19 pandemic has shown a positive impact on the growth of the global probiotic market due to its unintended consequences, the market demand for products promoting immune health has increased, which is expected to benefit the probiotics market. Significant products are being launched to meet the growing demand for the resulting components. Rising health concerns and consumer awareness have led to increase the demand for probiotics and also lead to an increase in probiotics dairy, and food products. During the pandemic, in addition to the available medical health supplements, consumers prefer probiotic dairy products such as yogurt, ice cream, and cheese to use beneficial bacteria.
The global probiotic market is segmented on the basis of the application, function, ingredient, end-use and region & country level. On the basis of application, the market is segmented into food & beverages, dietary supplements and animal feed. On the basis of function, the global probiotic market is divided into regular, preventative healthcare and therapeutic. On the basis of ingredient, the global probiotic market is divided into bacteria and yeast. On the basis of end-use, the global probiotic market is divided into human probiotics and animal probiotics.
One of the major factors driving the growth of the probiotic market is the increasing demand of dietary supplements coupled with preference towards healthy foods probiotics for immunity boosting. Probiotics help in the digestive process such as boosting immunity, maintaining intestinal health, weight management, preventing obesity, and many other health benefits. Thus, they are considered as a dietary supplement. Also, preference towards healthy food is expected to drive the market in the coming years. Growing health awareness among consumers and an emerging trend of vegetarianism are attracting consumers to plant-based diets which is expected to foster the demand for probiotic products. As a result, many corners as well as renowned market players are launching plant-based probiotics to increase their customer base. For example; according to international Probiotic Organization; on January 18th, 2022, JuneYao Group’s exclusive brand WeiDongli launched 120 billion high-activity probiotic solid drinks.
In addition, rising geriatric population is expected to boost the global probiotic market. As the geriatric population is more prone to gastrointestinal disorders, which acts as a major factor driving the demand for probiotic products. For example; as per World Health Organization geriatric population will increase from one billion in 2020 to 1.4 billion by 2050.
Moreover, growing awareness regarding the probiotics amongst working population for healthy foods is another factor to boost the market growth. The working women people and growing concentration on enlightening female health are factors by which adoption of particular probiotics is increasing also due to busy and hectic work schedules and sedentary lifestyles, people demanding for ready to eat store brought yogurts, probiotic curd. The global demand for probiotics is growing significantly due to the direct link between digestive health benefits, increasing demand for nutritious food. However, the high cost associated with probiotics is hampering the growth of the global probiotic market. In spite of that, increasing demand for probiotics provides opportunities in the global pro biotic market.
Asia Pacific is expected to witness a fastest growth in the global probiotic market within the forecast period due to increasing incidences of gastrointestinal disorders in geriatric populations, rising demand for nutritious food products and growing awareness towards health benefits of probiotics. The increasing prevalence of numerous gastrointestinal disorders among the geriatric population is fostering the growth of the market in emerging countries such as India. For instance; as per report National Commission on Population report there have been 138 million old age or geriatric population in India in 2021.
In addition, increased demand for nutritious food products is also supplementing the market growth. Nutrition Food products are enriched with functional ingredients such as proteins, micronutrients, organic, fiber, clean label products, and plant-based. Rising number of product offerings is also fostering market growth. For example; on February 13th, 2018 Yakult Danone launched new signature probiotic in India. This drink contains probiotic Lactobacillus casei Shirota strain (LcS). Moreover, growing awareness amongst people to maintain overall health and reduce the risk of fortified health conditions of a particular lifestyle is driving the market growth of the global probiotic market for the forecast period.
North America is expected to show significant growth in the global probiotic market within the forecast period due to the increasing investment from manufacturers in food and beverage and pharmaceuticals, and rising investments in R & D to come up with new products to cater to consumers of different groups and genders.
Indian Scientists Developed Next-Generation Probiotic That Provides Hope for Longevity, Healthy Ageing
On February 11th, 2022; A team of scientists at the Institute of Advanced Study in Science and Technology (IASST), Guwahati, an autonomous institute of the Department of Science & Technology, Govt. of India recognized the next-generation probiotic bacterium Lactobacillus Plantarum JBC5 from a dairy food product that showed great promise in promoting healthy ageing. The team has also developed a yogurt using this probiotic bacterium which may be consumed to derive of these health benefits. The recent advances in life science have increased anticipation and have led to the rapid climb of the aging population. The scientists found the next-generation probiotic bacterium Lactobacillus Plantarum JBC5 from a foodstuff that shows great promise in promoting healthy aging on a model organism called Caenorhabditis Elegans a free-living, transparent nematode living temperate soil environments.
Bausch Health Launched ENVIVE Daily Probiotic Supplement
On April 8th, 2021; Bausch Health Companies Inc. announced the U.S. launch of its novel daily over-the-counter probiotic supplement, ENVIVE. ENVIVE is shown to help reduce the severity and frequency of five occasional gastrointestinal (GI) symptoms, diarrhea, constipation, gas, bloating and discomfort and help strengthen and protect the digestive system by strengthening the gut barrier. ENVIVE is proven to help relieve these occasional GI symptoms in as little as two weeks.
COSTA Launched Probiotic Coffee In China
On March 17th, 2021; COSTA launched probiotic coffee in China. In recent years, the use of probiotics as a nutritional supplement has expanded from traditional dairy products to coffee, encouraging people to make healthy choices without changing their lifestyles. COSTA, in collaboration with leading international coffee brand, NZMP, the components and solution brand of internationally renowned dairy giant Fonterra, announced the official launch of Peach Probiotic Latte in all 200 stores in China. This coffee drink is made with two high-quality probiotic strains, Lactobacillus rhamnosus HN001TM and Bifidobacterium lactis HN019TM, and each cup contains 10 billion CFU active probiotic ingredients.
DuPont Launches HowaruCalm, a New Probiotic Shown to Reduce Perceived Stress
On January 20th, 2021; DuPont Nutrition and Biosciences launched HowaruCalm, a probiotic aimed at helping dietary supplement manufacturers decrease the cycle of consumer stress.
|Historical data||2016 - 2021|
|Forecast Period||2022 - 2029|
|Market Size in 2021:||USD 61.50 Billion|
|Base year considered||2021|
|Forecast Period CAGR %:||
|Market Size Expected in 2028:||USD 108.16 Billion|
|Tables, Charts & Figures:||175|
Protexin, Danone, Chr. Yakult Honsha Co. Ltd., Probi AB, Inc., Nestle S.A., E. I. du Pont de Nemours and Company, Bio Gaia AB, Lifeway Foods, Ganeden, Inc., Chr. Hasen Holding A/S, Lallemand Inc., Kerry Group plc , Archer Daniels Midland Co, Deerland Probiotics & Enzymes Inc., KeVita, Inc., Evolve BioSystems (U.S.), Cell Biotech Co., Ltd., and others.
|Segments Covered||By Application, By Function, By Ingredient, By End-Use|
|Regional Analysis||North America, U.S., Mexico, Canada, Europe, UK, France, Germany, Italy, Asia Pacific, China, Japan, India, Southeast Asia, South America, Brazil, Argentina, Columbia, The Middle East and Africa, GCC, Africa, Rest of the Middle East and Africa|
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