Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
---|---|---|---|
USD 2.59 Billion | USD 6.00 Billion | 9.8% | 2023 |
According to the report published by Zion Market Research, the global Probiotic Ingredients Market size was valued at USD 2.59 Billion in 2023 and is predicted to reach USD 6.00 Billion by the end of 2032. The market is expected to grow with a CAGR of 9.8% during the forecast period. The report analyzes the global Probiotic Ingredients Market's growth drivers, restraints, and impact on demand during the forecast period. It will also help navigate and explore the arising opportunities in the Probiotic Ingredients industry.
Probiotics are usually microorganisms, for instance, bacteria and yeast, that actually benefit humans as well as animals by taking care of their intestines and providing good bacteria in the body, which helps in digestion process. Probiotic ingredients arouse normal digestive juices and enzymes in the body to make the sure accurate functioning of the digestive system, and can be managed through foodstuff or also in form of supplements. Additionally, probiotics guard healthy organisms against injurious counterparts. These days, probiotic products are engaged to analyze psychological illness, and take care of digestive issues as well as neurological disorders. Furthermore, they reinforce the human immune system, take care for proteins and lipids from oxidative obliteration, and lessen body pathogens. The probiotic ingredient is sold in the market, and easily available in the form of tablets, capsules, liquid, powder and gel.
Increasing health concerns along with growing digestive disorders among people as well as animals due to unhealthful lifestyle is the main factor anticipated to fuel the market optimistically. Health problems are a result of harmful lifestyles such as sedentary lifestyle, long working hours, poor food habits, smoking, and excessive alcohol consumption. These harmful habits of people are anticipated to positively fuel the industry development in the coming years. Growing demand in dairy items section, fermented items, and nutritive foodstuff & beverages is expected to develop progressively over the coming years. Increasing product popularity, spore formers is anticipated to augment market share in the coming years.
This augments can be recognized to stout demand and rising urbanization and industrialization. Growing food manufacturing and industrially advanced communications expenditure in promising countries is anticipated to fuel the market demand optimistically. Not only in these rising economies but it is being seen that probiotics are used worldwide enormously since they encourage good health.
The global probiotics market is divided on the basis of application, ingredient, end use, function, and geography. It is examined across the main regions, namely, Europe, North America, and Asia Pacific, along with their well-known relevant countries. On the basis of end use, the market is divided into animal probiotics and human probiotics. Human probiotics ingredients are the most important revenue supplier in the overall probiotic market.
On the basis of the Application, the global market is segregated into Functional Food and Beverages, Dietary Supplements, Animal Nutrition, and Others.
On the basis of the Ingredient, the global market is segregated into Bacteria, Yeast, Spore Formers.
On the basis of the End use, the global market is segregated into Human Probiotics, Animal Probiotics.
Probiotics are actual microorganisms when consumed in proper quantity, gives many health benefits to humans as well as animals. Human probiotics are mainly utilized to treat various problems of the digestive tract. Furthermore, they are used to heal problems like: diarrhea and cramps usually caused by antibiotics.
Report Attributes | Report Details |
---|---|
Report Name | Probiotic Ingredients Market |
Market Size in 2023 | USD 2.59 Billion |
Market Forecast in 2032 | USD 6.00 Billion |
Growth Rate | CAGR of 9.8% |
Number of Pages | 206 |
Key Companies Covered | Danone, Chr. Hansen Holding A/S, Yakult Honsha Co. Ltd., BioGaia AB, Probi AB, Lifeway Foods, Inc., Nestle S.A., Ganeden, Inc., E. I. du Pont de Nemours and Company, and Protexin |
Segments Covered | By application, By ingredient, By end use, By function and By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2023 |
Historical Year | 2018 to 2022 |
Forecast Year | 2024 - 2032 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
Asia Pacific probiotics market, led by Japan and China, will see the significant growth rate in the coming years. Japan will maintain its position to be the highest revenue producer due to high occurrence of geriatric population and health aware customers. Increasing consumer consciousness accompanied by augmented infant formula utilization will optimistically influence China and India probiotics market share.
The key players for the global probiotic ingredients market are:
By Ingredient
By End use
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