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Global Probiotics Market Share, Growth, Trends, Forecast: By Product: Probiotic Food and Beverages, Probiotic Dietary Supplements; By Ingredients: Bacteria, Yeast; By End-Use: Human Probiotics, Animal Probiotics; By Distribution Channel; Regional Analysis; Competitive Landscape; Industry Events and Developments; 2024-2032
Probiotics Market Competitive Landscape
Arla Foods amba is a leading dairy company as well as cooperative that is owned by over 12,500 dairy farmers in the Netherlands, Denmark, the United Kingdom, Sweden, Luxemburg, Germany, and Belgium. Through its reputed brands such as Lurpak, Puck, Arla, and Castello, the company sells and markets its products in more than 120 countries.
Chr. Hansen Holding A/S, headquartered in Hoersholm, Denmark, is a prominent bioscience company that is engaged in the development of natural ingredients for use in the agriculture, nutrition, food, and pharmaceutical sectors. It also owns more than 50,000 bacterial strains that are screened, improved, and selected to meet specific requirements for food, animal feed, dietary supplements, and plant protection, among others.
BioGaia AB is a Swedish probiotic company that was founded in 1990. The company has been at the forefront of microbiome research and develops, sells, and markets probiotic products. Its products are sold through nearly 80 distribution partners in more than 100 countries. It extensively invests in R&D activities to expand its product portfolio, discover new microbes, and advance the development of superior probiotics.
Other global probiotics market players include Danone S.A., Nestlé S.A., Koninklijke DSM N.V., Archer-Daniels-Midland Company, Fonterra Co-operative Group Limited, Lifeway Foods, Inc., Yakult Honsha Co., Ltd., Reckitt Benckiser Group plc., Kerry Group plc, PepsiCo Inc., Mother Dairy Fruit & Vegetable Pvt. Ltd., NextFoods, Inc., and Amway Corp., among others.
Probiotics Market Report Snapshots
Probiotics Market Regional Analysis
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Probiotics Market Analysis
8.1 Key Industry Highlights
8.2 Global Probiotics Historical Market (2018-2023)
8.3 Global Probiotics Market Forecast (2024-2032)
8.4 Global Probiotics Market by Product
8.4.1 Probiotic Food and Beverages
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.1.3 Breakup by Type
8.4.1.3.1 Dairy Products
8.4.1.3.1.1 Historical Trend (2018-2023)
8.4.1.3.1.2 Forecast Trend (2024-2032)
8.4.1.3.2 Non-Dairy Products
8.4.1.3.2.1 Historical Trend (2018-2023)
8.4.1.3.2.2 Forecast Trend (2024-2032)
8.4.1.3.3 Cereals
8.4.1.3.3.1 Historical Trend (2018-2023)
8.4.1.3.3.2 Forecast Trend (2024-2032)
8.4.1.3.4 Baked Food
8.4.1.3.4.1 Historical Trend (2018-2023)
8.4.1.3.4.2 Forecast Trend (2024-2032)
8.4.1.3.5 Fermented Meat
8.4.1.3.5.1 Historical Trend (2018-2023)
8.4.1.3.5.2 Forecast Trend (2024-2032)
8.4.1.3.6 Dry Food Probiotics
8.4.1.3.6.1 Historical Trend (2018-2023)
8.4.1.3.6.2 Forecast Trend (2024-2032)
8.4.2 Probiotic Dietary Supplements
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.4.2.3 Breakup by Type
8.4.2.3.1 Food Supplements
8.4.2.3.1.1 Historical Trend (2018-2023)
8.4.2.3.1.2 Forecast Trend (2024-2032)
8.4.2.3.2 Nutritional Supplements
8.4.2.3.2.1 Historical Trend (2018-2023)
8.4.2.3.2.2 Forecast Trend (2024-2032)
8.4.2.3.3 Speciality Supplements
8.4.2.3.3.1 Historical Trend (2018-2023)
8.4.2.3.3.2 Forecast Trend (2024-2032)
8.4.2.3.4 Infant Formula
8.4.2.3.4.1 Historical Trend (2018-2023)
8.4.2.3.4.2 Forecast Trend (2024-2032)
8.4.2.3.5 Animal Feed Probiotics
8.4.2.3.5.1 Historical Trend (2018-2023)
8.4.2.3.5.2 Forecast Trend (2024-2032)
8.5 Global Probiotics Market by Ingredients
8.5.1 Bacteria
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Yeast
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.6 Global Probiotics Market by End-Use
8.6.1 Human Probiotics
8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.2 Animal Probiotics
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.7 Global Probiotics Market by Distribution Channel
8.7.1 Hypermarkets/Supermarkets
8.7.1.1 Historical Trend (2018-2023)
8.7.1.2 Forecast Trend (2024-2032)
8.7.2 Pharmacies/Drug Stores
8.7.2.1 Historical Trend (2018-2023)
8.7.2.2 Forecast Trend (2024-2032)
8.7.3 Speciality Stores
8.7.3.1 Historical Trend (2018-2023)
8.7.3.2 Forecast Trend (2024-2032)
8.7.4 Online Stores
8.7.4.1 Historical Trend (2018-2023)
8.7.4.2 Forecast Trend (2024-2032)
8.7.5 Others
8.8 Global Probiotics Market by Region
8.8.1 North America
8.8.1.1 Historical Trend (2018-2023)
8.8.1.2 Forecast Trend (2024-2032)
8.8.2 Europe
8.8.2.1 Historical Trend (2018-2023)
8.8.2.2 Forecast Trend (2024-2032)
8.8.3 Asia Pacific
8.8.3.1 Historical Trend (2018-2023)
8.8.3.2 Forecast Trend (2024-2032)
8.8.4 Latin America
8.8.4.1 Historical Trend (2018-2023)
8.8.4.2 Forecast Trend (2024-2032)
8.8.5 Middle East and Africa
8.8.5.1 Historical Trend (2018-2023)
8.8.5.2 Forecast Trend (2024-2032)
9 North America Probiotics Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Europe Probiotics Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 France
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific Probiotics Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 India
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 Latin America Probiotics Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa Probiotics Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Value Chain Analysis
16 Competitive Landscape
16.1 Market Structure
16.2 Company Profiles
16.2.1 Arla Foods amba
16.2.1.1 Company Overview
16.2.1.2 Product Portfolio
16.2.1.3 Demographic Reach and Achievements
16.2.1.4 Certifications
16.2.2 BioGaia AB
16.2.2.1 Company Overview
16.2.2.2 Product Portfolio
16.2.2.3 Demographic Reach and Achievements
16.2.2.4 Certifications
16.2.3 Chr. Hansen Holding A/S
16.2.3.1 Company Overview
16.2.3.2 Product Portfolio
16.2.3.3 Demographic Reach and Achievements
16.2.3.4 Certifications
16.2.4 Danone S.A.
16.2.4.1 Company Overview
16.2.4.2 Product Portfolio
16.2.4.3 Demographic Reach and Achievements
16.2.4.4 Certifications
16.2.5 Nestlé S.A.
16.2.5.1 Company Overview
16.2.5.2 Product Portfolio
16.2.5.3 Demographic Reach and Achievements
16.2.5.4 Certifications
16.2.6 Koninklijke DSM N.V.
16.2.6.1 Company Overview
16.2.6.2 Product Portfolio
16.2.6.3 Demographic Reach and Achievements
16.2.6.4 Certifications
16.2.7 Archer-Daniels-Midland Company
16.2.7.1 Company Overview
16.2.7.2 Product Portfolio
16.2.7.3 Demographic Reach and Achievements
16.2.7.4 Certifications
16.2.8 Fonterra Co-operative Group Limited
16.2.8.1 Company Overview
16.2.8.2 Product Portfolio
16.2.8.3 Demographic Reach and Achievements
16.2.8.4 Certifications
16.2.9 Lifeway Foods, Inc.
16.2.9.1 Company Overview
16.2.9.2 Product Portfolio
16.2.9.3 Demographic Reach and Achievements
16.2.9.4 Certifications
16.2.10 Yakult Honsha Co., Ltd.
16.2.10.1 Company Overview
16.2.10.2 Product Portfolio
16.2.10.3 Demographic Reach and Achievements
16.2.10.4 Certifications
16.2.11 Reckitt Benckiser Group plc.
16.2.11.1 Company Overview
16.2.11.2 Product Portfolio
16.2.11.3 Demographic Reach and Achievements
16.2.11.4 Certifications
16.2.12 Kerry Group plc
16.2.12.1 Company Overview
16.2.12.2 Product Portfolio
16.2.12.3 Demographic Reach and Achievements
16.2.12.4 Certifications
16.2.13 PepsiCo Inc.
16.2.13.1 Company Overview
16.2.13.2 Product Portfolio
16.2.13.3 Demographic Reach and Achievements
16.2.13.4 Certifications
16.2.14 Mother Dairy Fruit & Vegetable Pvt. Ltd.
16.2.14.1 Company Overview
16.2.14.2 Product Portfolio
16.2.14.3 Demographic Reach and Achievements
16.2.14.4 Certifications
16.2.15 NextFoods, Inc.
16.2.15.1 Company Overview
16.2.15.2 Product Portfolio
16.2.15.3 Demographic Reach and Achievements
16.2.15.4 Certifications
16.2.16 Amway Corp.
16.2.16.1 Company Overview
16.2.16.2 Product Portfolio
16.2.16.3 Demographic Reach and Achievements
16.2.16.4 Certifications
16.2.17 Others
17 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Probiotics Market: Key Industry Highlights, 2018 and 2032
2. Global Probiotics Historical Market: Breakup by Product (USD Billion), 2018-2023
3. Global Probiotics Market Forecast: Breakup by Product (USD Billion), 2024-2032
4. Global Probiotics Historical Market: Breakup by Ingredients (USD Billion), 2018-2023
5. Global Probiotics Market Forecast: Breakup by Ingredients (USD Billion), 2024-2032
6. Global Probiotics Historical Market: Breakup by End-Use (USD Billion), 2018-2023
7. Global Probiotics Market Forecast: Breakup by End-Use (USD Billion), 2024-2032
8. Global Probiotics Historical Market: Breakup by Distribution Channel (USD Billion), 2018-2023
9. Global Probiotics Market Forecast: Breakup by Distribution Channel (USD Billion), 2024-2032
10. Global Probiotics Historical Market: Breakup by Region (USD Billion), 2018-2023
11. Global Probiotics Market Forecast: Breakup by Region (USD Billion), 2024-2032
12. North America Probiotics Historical Market: Breakup by Country (USD Billion), 2018-2023
13. North America Probiotics Market Forecast: Breakup by Country (USD Billion), 2024-2032
14. Europe Probiotics Historical Market: Breakup by Country (USD Billion), 2018-2023
15. Europe Probiotics Market Forecast: Breakup by Country (USD Billion), 2024-2032
16. Asia Pacific Probiotics Historical Market: Breakup by Country (USD Billion), 2018-2023
17. Asia Pacific Probiotics Market Forecast: Breakup by Country (USD Billion), 2024-2032
18. Latin America Probiotics Historical Market: Breakup by Country (USD Billion), 2018-2023
19. Latin America Probiotics Market Forecast: Breakup by Country (USD Billion), 2024-2032
20. Middle East and Africa Probiotics Historical Market: Breakup by Country (USD Billion), 2018-2023
21. Middle East and Africa Probiotics Market Forecast: Breakup by Country (USD Billion), 2024-2032
22. Global Probiotics Market Structure
Key Questions Answered in the Report
In 2023, the market attained a value of nearly USD 61.78 billion.
The market is assessed to grow at a CAGR of 8.2% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach about USD 125.27 billion by 2032.
The major market drivers are the growing health consciousness and the increasing demand for food and beverages containing probiotics.
Product innovation by leading companies and the increasing launches of new probiotics products are the key trends guiding the market growth.
The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The significant end-uses of probiotics are human probiotics and animal probiotics.
The major players in the market are Arla Foods amba, BioGaia AB, Chr. Hansen Holding A/S, Danone S.A., Nestlé S.A., Koninklijke DSM N.V., Archer-Daniels-Midland Company, Fonterra Co-operative Group Limited, Lifeway Foods, Inc., Yakult Honsha Co., Ltd., Reckitt Benckiser Group plc., Kerry Group plc, PepsiCo Inc., Mother Dairy Fruit & Vegetable Pvt. Ltd., NextFoods, Inc., and Amway Corp., among others.
Analyst Review
The global probiotics market attained a value of approximately USD 61.78 billion in 2023, driven by increasing customer awareness about the health benefits of the product. Aided by the growing innovations by key players, the market is estimated to witness a further growth in the forecast period of 2024-2032, growing at a CAGR of 8.2%. The market is projected to reach a value of around USD 125.27 billion by 2032.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the market. Based on product, the market is segmented into probiotic food and beverages, and probiotic dietary supplements. On the basis of ingredients, the market is bifurcated into bacteria and yeast. Based on end-use, the market is classified into human probiotics and animal probiotics. On the basis of distribution channel, the market is divided into hypermarkets/supermarkets, pharmacies/drug stores, speciality stores, and online stores, among others. The major regional markets for probiotics are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Arla Foods amba, BioGaia AB, Chr. Hansen Holding A/S, Danone S.A., Nestlé S.A., Koninklijke DSM N.V., Archer-Daniels-Midland Company, Fonterra Co-operative Group Limited, Lifeway Foods, Inc., Yakult Honsha Co., Ltd., Reckitt Benckiser Group plc., Kerry Group plc, PepsiCo Inc., Mother Dairy Fruit & Vegetable Pvt. Ltd., NextFoods, Inc., and Amway Corp., among others
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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