Global Probiotics Market Research Report Forecast to 2025

Probiotics are live microbials that are used to maintain and restore gut microflora. These probiotics have found its application in various processed foods and preventive healthcare products for humans as well as animals or livestock. The major types of probiotic bacteria species used in application industries include those of the Bifidobacterium and Lactobacillus genus.

TheGlobal Probiotics Marketis expected to register aCAGR of8.48%to reachUSD 3,257.0 Million by 2025.

The use of probiotics has gained popularity in recent years with increasing demand in various industries. An emphasis on improving digestive health in humans and animals along with surging demand for natural functional ingredients in application industries are the major driving factors for the global probiotics market growth. Rising consumer awareness about the benefits of probiotics and preventive healthcare has boosted the demand for probiotics, thereby propelling market growth.

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The global probiotics market is expected to register significant growth during the forecast period. Hectic daily schedules, long working hours, and sedentary lifestyles have impacted eating habits as well as food choices, resulting in an increased prevalence of various lifestyle-related conditions such as diabetes and obesity. This has led to increased demand for probiotic food & beverages. Moreover, surging demand for probiotics in developed and developing countries is propelling manufacturers of probiotics and probiotic products to focus on innovation. Thus, product innovation and research and development have led to new growth opportunities for probiotic manufacturers.

The probiotics market is driven by the robust demand for health-based products among consumers, especially from the younger generations. Probiotics are a part of functional foods and beverages. They are known for improving gut functionality, along with other benefits, such as boosting immunity.

There is no clear demarcation for probiotics-based pharmaceuticals and food products, with variations across different countries. Thus, the complexity in the regulatory, legislative, and technological aspects is serving as a major hurdle for market growth.

Market Segmentation

Global Probiotics Market, by Type

• Bifidobacterium
• Lactobacillus
• Others

Global Probiotics Market, by Application

• Functional Food & Beverages
• Dietary Supplements
• Animal Nutrition
• Others

Regional Analysis

The North American probiotics market is expected to be the largest during the forecast period. The regional market accounted for31.60%of the total market share in2018.The US was the major contributor to the growth of the market. Inclination toward the consumption of healthy and functional food & beverages is rising in the country, leading to an increased application of probiotics in the food industry. The Asia-Pacific market also holds a prominent share of the global probiotics market and is projected to exhibit the highest CAGR during the forecast period. Growth of the application industries in the region is driving the growth of the probiotics market. In Europe, Germany, France, and the UK are the key countries that are contributing significantly to market growth.

Key Players

The prominent players in the global probiotics market areCHR-Hansen A/S (Denmark), Novozymes A/S (Denmark), Lallemand Inc. (Canada), Probi AB (Sweden), Kerry Group (Ireland), Sabinsa Corporation (US), DowDupont Inc. (US), Synbio Tech Inc. (Taiwan), Roelmi HPC (Italy), UAS Laboratories LLC (US), Probiotical SpA (Italy), Greentech SA (France), Biosearch, SA (Spain), and BioCC O (Estonia) .

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