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Comprehensive historical analysis of global market for Probiotics has thoroughly analyzed in this report. It offers data and insights from 2019-2022, and provides extensive market forecasts from 2023-2032 by region/country and subsectors. It covers the price, sales volume, revenue, historical growth, gross margin, and future outlooks for the Probiotics market.
The Probiotics is expected to reach USD 113.85 Billion by 2032, at a CAGR of 7.6% during the forecast period 2022 to 2032.
The report includes growth prospects in the Global Probiotics Market Size by type, application, sub segement and region and QMI has compiled a comprehensive detailed research report to offer insights. The report details consumption in the Healthcare and other sectors. Regional coverage spans North America, Europe, and rest of the world including Asia Pacific.
Leading players of Probiotics including:
- Arla Foods, Inc.
- BioGaia AB
- Chr. Hansen Holding A/S
- Danone
- Danisco A/S
- General Mills Inc.
- i-Health Inc.
- Lallemand Inc.
- Lifeway Foods, Inc.
- Mother Dairy Fruit & Vegetable Pvt. Ltd.
- Kerry
- Nestle S.A.
- Probi
- Yakult Honsha Co., Ltd.
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Market split by Segement, can be divided into:
Probiotics Market, By Product
- Probiotic Food & Beverages
- Probiotic Dietary Supplements
- Animal Feed Probiotics
Probiotics Market, By Ingredient
- Bacteria
- Yeast
Market segment by Region/Country including:
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- Uk
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- UAE
- Saudi Arabia
- Qatar
- South Africa
- Rest of Middle East & Africa
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In February 2022, AB-Biotics has formed a strategic partnership with AceBiome to increase the availability of AB21 probiotics across various pharmacies and digital platforms in South Korea.
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Key Market Drivers
Several factors are fueling the growth of the probiotics market:
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Rising Consumer Awareness: Growing knowledge about the benefits of probiotics in digestive and immune health is increasing their demand worldwide.
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Health and Wellness Trends: Consumers are shifting towards functional foods and dietary supplements that enhance overall well-being.
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Scientific Advancements: Research-backed innovations are leading to new probiotic formulations and expanded applications.
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Growing Demand for Natural and Organic Products: As consumers prefer natural solutions, probiotic-rich foods and supplements are gaining traction.
Market Segmentation Insights
The probiotics market can be segmented based on product type, application, and end-use:
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By Product Type
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Probiotic Dietary Supplements: Expected to witness the highest growth with a CAGR of 8.4% during the forecast period.
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Functional Foods & Beverages: Includes dairy and non-dairy probiotic products.
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By Application
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Human Probiotics: Dominates the market with over 87.5% revenue share in 2022.
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Animal Probiotics: Gaining traction in the livestock and pet food industry.
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By End-Use
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Retail Consumers: Direct-to-consumer sales through supermarkets, pharmacies, and e-commerce platforms.
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Pharmaceutical Industry: Increasing use of probiotics in medical formulations.
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Whats covered in the report?
1. Overview of the Probiotics market.
2. The current and forecasted regional (North America, Europe, Asia-Pacific, Latin America, the Middle East and Africa) market size data for the Probiotics market, based on segement.
3. Probiotics Market trends.
4. Probiotics Market drivers.
5. Analysis of major company profiles.
Reasons to buy this Market Report:
1. Save time carrying out entry-level research by identifying the size, growth, and leading players in the emerging Probiotics market.
2. Use the SWOT analysis to determine the competitive intensity and therefore attractiveness of the emerging Probiotics Industry.
3. Leading company profiles reveal details of key Probiotics market players emerging five operations and financial performance.
4. Add weight to presentations and pitches by understanding the future growth prospects of the emerging Probiotics market with five year historical forecasts.
5. Compares data from North America, South America, Asia Pacific Europe and Middle East Africa, alongside individual chapters on each region.
6. Extensive information on factors that will amplify the growth of the Probiotics market over the upcoming seven years
7. Accurate estimation of the global Probiotics market size
8. Exact estimations of the upcoming trends and changes observed in the consumer behavior
9. Growth of the global Probiotics market across the North & South America, EMEA, Asia Pacific, and Latin America
10. Information about Probiotics market growth potential
11. In-depth analysis of the industry’s competitive landscape and detailed information vis-a-vis on various vendors
12. Furnishing of detailed information on the factors that will restrain the growth of the Probiotics market
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