Probiotics Market Size to reach $2066.1 Million by the end of 2026 | Valuates Reports

The global Probiotics market was valued at US$ 1665.7 million in 2019 and is expected to reach US$ 2066.1 million by the end of 2026, growing at a CAGR of 5.4% during 2021-2026. Rising awareness regarding preventive healthcare is expected to drive the Probiotics market size as they help prevent the occurrence of diseases by strengthening the immune system

Probiotics are live micro-organisms, when administrated in adequate amounts, confer a health benefit on the host. While the traditional delivery vehicle for probiotics was fresh dairy products, they are now found in many varieties of food, beverages, dietary supplements and healthcare products.

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In terms of application, Food & Beverage accounted for the largest market with about 82% of the global consumption for probiotics in 2019. Dietary supplements were the second largest application market in 2019, which account for about 10% of global sales.

Asia is the dominate consumption region of probiotics, the consumption in 2019, accounting for about 51% of the total amount, followed by Europe, with the consumption market share of about 23%.

This report focuses on Probiotics volume and value at the global level, regional level and company level. From a global perspective, this report represents overall Probiotics market size by analysing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, Asia-Pacific, Latin America and Middle East & Africa.

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Probiotics Market Segment Analysis

The research report includes specific segments by region (country), by company, by Type and by Application. This study provides information about the sales and revenue during the historic and forecasted period of 2016 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth.

Probiotics Market Segment by Type

o Bifidobacterium
o Lactobacillus
o Others

Probiotics Market Segment by Application

o Food & Beverage
o Drugs
o Dietary Supplements

Top Major Players in the Probiotics Market

o DuPont(Danisco)
o Chr. Hansen
o Lallemand
o China-Biotics
o Nestle
o Danone
o Probi
o BioGaia
o Yakult
o Novozymes
o Valio
o Glory Biotech
o Ganeden
o Morinaga Milk Industry
o Sabinsa
o Greentech
o Bioriginal
o Biosearch Life
o UAS Laboratories
o Synbiotech

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