Probiotics Market Global Size 2022-27, Share, Growth, Industry Report and Forecast

IMARC Group’s latest research report, titled “Probiotics Market: Global Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2022-2027,” offers a detailed analysis of the market drivers, segmentation, growth opportunities, trends, and competitive landscape to understand the current and future market scenarios.

The global probiotics market reached a value of US$ 54.05 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 86.44 Billion by 2027, exhibiting a CAGR of 7.70% during 2022-2027.

Probiotics refer to live microorganisms, such as bacteria and yeast, which are assimilated in the body to prevent and treat certain health conditions. They help cure diarrhea, constipation, inflammatory bowel disease (IBD), irritable bowel syndrome (IBS), yeast infections, urinary tract infections, gum disease, lactose intolerance, eczema, upper respiratory infections, and sepsis. Probiotics are also used for weight loss, improving digestion, strengthening immune function, and obtaining healthy skin. Consequently, they are included in different drugs, beverages, food products and dietary supplements.

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Important Attribute and highlights of the Report:

• Detailed analysis of the global market share
• Market Segmentation by ingredient, distribution channel, application, form and region.
• Historical, current, and projected size of the market in terms of volume and value
• Latest industry trends and developments
• Competitive Landscape for Probiotics Market
• Strategies of major players and product offerings

One of the primary factors propelling the market growth is the changing lifestyles and rising prevalence of chronic diseases, which leads to the adoption of preventive healthcare, involving annual checkups immunization, flu shots and the consumption of dietary supplements among individuals. Additionally, the implementation of stringent regulations to use probiotics in nutraceuticals and nutricosmetics all over the globe, and the rising product utilization in infant products are catalyzing the market growth.

Furthermore, the growing demand for probiotics as an immunity booster to offer vigorous protection against gastrointestinal pathogens and promote the production of natural antibodies in the body is propelling the market growth. Besides this, the increasing usage of strains as a natural, cost-effective and safe substitute for pharmacological solutions is positively influencing the market growth. Moreover, key market players are extensively investing in research and development (R&D) activities to develop plant-based probiotics, which is creating a positive outlook.

Probiotics Market Report Scope
Report Coverage	Details
Market size value in 2021	US$ 54.05 Billion
Market forecast in 2027	US$ 86.44 Billion
Growth Rate	CAGR of 7.70% from 2022 to 2027
Base year for estimation	2021
Historical data	2016-2021
Forecast period	2022-2027

Key Players Included in Global Research Report:

• Biogaia AB

• Chr. Hansen Holding A/S

• Danone S.A.

• General Mills Inc

• i-Health Inc (Koninklijke DSM N.V.)

• Kerry Group plc

• Lallemand Inc.

• Lifeway Foods Inc

• Morinaga Milk Industry Co. Ltd.

• Nestlé S.A.

• PepsiCo Inc

• Probi (Symrise AG)

• Yakult Honsha Co.Ltd.

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COVID-19 Impact: As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviors of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

Market Segmentation:

Breakup by Ingredient:

• Bacteria

• Yeast

Breakup by Distribution Channel:

• Supermarkets and Hypermarkets

• Pharmacies/Drugstores

• Specialty Stores

• Online Stores

• Others

Breakup by Application:

• Food and Beverages

• Dietary Supplements

• Animal Feed

Breakup by Form:

• Dry

• Liquid

Breakup by Region:

• North America: (United States, Canada)

• Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)

• Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)

• Latin America: (Brazil, Mexico, Others)

• Middle East and Africa

TOC for the Probiotics Market Research Report:

• Preface

• Scope and Methodology

• Executive Summary

• Introduction

• Global Probiotics Market

• SWOT Analysis

• Value Chain Analysis

• Price Analysis

• Competitive Landscape

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IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.

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