Probiotics Market by Ingredient, Form, Application, End User, Region - 2023 - PowerPoint PPT Presentation

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Probiotics Market by Ingredient, Form, Application, End User, Region - 2023


The probiotics market is estimated to grow at USD 49.4 billion in 2018 and is projected to grow at a CAGR of 7.0% from 2018, to reach a value of USD 69.3 billion by 2023. The demand for probiotics in fortified foods is projected to remain high due to the increasing awareness about their benefits, and willingness of consumers to purchase premium products incorporated with probiotics. – PowerPoint PPT presentation

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Title: Probiotics Market by Ingredient, Form, Application, End User, Region - 2023

MarketsandMarkets Presents
Probiotics Market - Forecast to 2023
The report "Probiotics Market by Application
(Functional Food Beverages (Dairy Products,
Non-dairy Beverages, Infant Formula, Cereals),
Dietary Supplements, Feed), Ingredient (Bacteria,
Yeast), Form (Dry, Liquid), End User, and Region
- Global Forecast to 2023", customers are
increasingly becoming aware of the various
factors that influence their digestive health.
Immune deficiency and lack of perforin lead to
viral infections that can weaken the gut health
of consumers. As various digestive health issues
continue to persist, manufacturers focus on
offering effective solutions in the market, such
as probiotics. According to MarketsandMarkets,
the probiotics market to be estimated at USD 69.3
billion by 2023, recording a CAGR of
7.0. Browse 72 market data Tables and 54
Figures spread through 169 Pages and in-depth TOC
on "Probiotics Market - Global Forecast to
2023 Asia Pacific Projected To Be a Leading
Region in the Probiotics Market During the
Forecast Period The increasing population of
health-conscious consumers and growing preference
for dairy products and functional food products
have widened the scope of growth for key players
in the Asia Pacific. Companies are offering a
range of probiotic products that help to
strengthen the gut microbiome and improve the
digestive health of consumers. Also, leading
players such as Yakult Honsha, Chr. Hansen,
Danone, and Nestle are operating in the region,
which reflects positively on the growth of the
probiotics market during the forecast
period. Download PDF Brochure
  • The objectives of the report
  • To define, segment, and project the global market
    size for probiotics
  • To understand the structure of the probiotics
    market by identifying its various subsegments
  • To provide detailed information about the key
    factors influencing the growth of the market
    (drivers, restraints, opportunities, and
    industry-specific challenges)
  • To analyze the micromarkets with respect to
    individual growth trends, future prospects, and
    their contribution to the total market
  • To project the size of the market and its
    submarkets, in terms of value, with respect to
    the regions (along with their respective key
  • To profile key players and comprehensively
    analyze their core competencies
  • To understand the competitive landscape and
    identify major growth strategies adopted by
    players across key regions
  • To analyze the competitive developments such as
    expansions investments, new product launches,
    mergers acquisitions, collaboration,
    partnership, joint ventures, and agreements
  • The study involves four major activities to
    estimate the current market size for probiotics.
    Exhaustive secondary research was done to collect
    information on the market, peer market, and
    parent market. These findings, assumptions, and
    market size was validated with industry experts
    across value chain through primary research.
    Both, top-down and bottom-up approaches were
    employed to estimate the complete market size.
    Thereafter, the market breakdown and data
    triangulation were used to estimate the market
    size of segments and subsegments.
  • Make an Inquiry https//

Food beverage segment is projected to be the
largest segment in the probiotics market during
the forecast period. The food beverage segment
dominated the probiotics market, on the basis of
application, during the forecast due to the
rising popularity of probiotic functional foods
beverages among consumers. Awareness, faith in
their efficacy, and safety are some of the
factors driving the market of probiotics. The
food beverages segment is the largest
revenue-earning market across regions. The
demand for liquid probiotics from the yogurt and
beverage industries is projected to dominate the
probiotics market The demand for liquid
probiotics has increased as compared to dry
probiotics, due to its application in yogurt,
which is the most popular source of probiotics.
Other products that use liquid probiotics include
kefir water, probiotic juices, and yogurt-based
drinks, which are healthy options for daily
supplementation. The bacteria segment is
projected to dominate the probiotics market
during the forecast period The most widely
consumed bacteria strains are Lactobacilli,
Bifidobacteria and Streptococcus
Thermophilusthermophilus, among others, which
include Enterococcus, Bacillus, and Pediococcus.
The primary benefit of incorporating
scientifically-derived bacterial strains in
probiotic foods is the balance in the hosts
intestinal microbiota and the subsequent
enhancement of the immune system. Lactobacilli
are a genus within the lactic acid bacteria
group, which have been proved to exhibit
probiotic beneficial properties. Request Sample
  • The rising health awareness among consumers in
    the Asia Pacific region is projected to account
    for the largest market size during the forecast
  • Consumers in the Asia Pacific region are well
    aware of the health benefits of probiotics, due
    to the widespread presence of the Japanese brand
    Yakult. China and Japan are among the largest
    probiotic markets in the region, whereas the
    Australia New Zealand market is the
    fastest-growing, with a CAGR of 13.3. The Asia
    Pacific region presents immense opportunities for
    animal probiotic products, as governments are
    becoming increasingly concerned about the health
    and productivity of farm animals.
  • Key Market Players
  • Key players identified in this market include
    Danone (France), Yakult Honsha (Japan), Nestlé
    (Switzerland), DowDuPont (US), and Chr. Hansen
    (Denmark). Key players in this market are
    focusing on increasing their presence through
    mergers acquisitions and new product
    developments, specific to consumer tastes in
    these regions. These companies have a strong
    presence in Europe and the Asia Pacific.
  • Recent Developments
  • In June 2018, Chr. Hansen expanded its product
    strain library for the development of
    next-generation probiotics.   
  • In August 2017, DuPont expanded its probiotic
    facility in Madison, Wisconsin, US. The company
    made an investment of USD 10 million. The motive
    behind the expansion was to further expand its
    presence in the probiotics market.
  • Speak to Analyst https//

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