Probiotics Food And Cosmetics Global Market Size, Share, Trends, Key Players And Forecast 2023-2032

The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The Business Research Company's Probiotics Food And Cosmetics Global Market Report 2023 identifies increasing customer prefer products with proven health benefits as the major driver for the probiotics food and cosmetics market's growth in the forecast period. Probiotics have various health benefits such as increased immunity, and altered metabolism. They also act as functional foods, nutraceuticals, and food supplements to provide a healthy lifestyle to their consumers. Moreover, recent research has discovered that when children are given probiotics, their gut microbiota balance, intestinal cell proliferation, and immune response increase dramatically.

The global probiotics food and cosmetics market size grew from $52.53 billion in 2022 to $58.76 billion in 2023 at a compound annual growth rate (CAGR) of 11.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The probiotics food and cosmetics market size is expected to grow to $93.1 billion in 2027 at a CAGR of 12.2%.

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Major competitors in the probiotics food and cosmetics market are Probi Ab, Nestle, ADM, Danone, Yakult Honsha, BioGaia, Esse Skincare, L'Oreal, Glowbiotics LLC, TULA Skincare, Morinaga Milk Industry Co. Ltd., LaFlore Probiotic Skincare, Eminence Organic Skin Care, Estee Lauder, Aurelia London, Gallinee Microbiome Skincare, and Biomilk Skincare.

A key trend in the probiotics food and cosmetics market includes product development. Due to technological advancements, companies develop new products to satisfy consumer needs and provide an enhanced products with added features. In February 2021, BioGaia, a Sweden-based company that develops markets and sells a range of products with probiotics has developed next-generation probiotics with a focus on metabolic illnesses, including diabetes and associated problems with the help of bacteria that is very sensitive to oxygen. To cope with the sensitivity of oxygen, the company has patented a unique production technology whose information remains undisclosed.

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The probiotics food and cosmetics market is segmented -
•The global probiotics food and cosmetics market is segmented -
•By Product Type: Probiotics Food and Beverages, Dietary Supplements, Cosmetics
•By Ingredients: Bacteria, Yeast
•By Distribution Channel: Hypermarkets/ Supermarkets, Pharmacies/ Drugstores, Specialty stores, Online
•By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the probiotics food and cosmetics market.

The Business Research Company's "Global Probiotics Food And Cosmetics Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.

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The Table Of Content For The Probiotics Food And Cosmetics Market Include:
1. Executive Summary
2. Probiotics Food and Cosmetics Market Characteristics
3. Probiotics Food and Cosmetics Market Trends And Strategies
4. Probiotics Food and Cosmetics Market - Macro Economic Scenario
5. Probiotics Food and Cosmetics Market Size And Growth
……
26. Africa Probiotics Food and Cosmetics Market
27. Probiotics Food and Cosmetics Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Probiotics Food and Cosmetics Market
29. Probiotics Food and Cosmetics Market Future Outlook and Potential Analysis
30. Appendix

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