Probiotics Market reached USD 62.4 billion in 2022 and is expected to reach USD 108.0 billion by 2031 - Koninklijke DSM N.V., Evolve BioSystems, Inc., Nature's Bounty Co.

Global Probiotics Market reached USD 62.4 billion in 2022 and is expected to reach USD 108.0 billion by 2031 and is expected to grow with a CAGR of 7.1% during the forecast period 2024-2031.

The Probiotics market report provides in-depth insights and analysis on key market trends, growth opportunities, and emerging challenges. With a commitment to delivering actionable intelligence, DataM Intelligence empowers businesses to make informed decisions and stay ahead of the competition. Leveraging a combination of qualitative and quantitative research methods, the company offers comprehensive reports that help clients navigate complex market landscapes, drive strategic growth, and seize new opportunities in an ever-evolving global market.

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Probiotics are beneficial live microorganisms that support gut health and overall well-being. They help maintain a balanced gut microbiome, aiding digestion, boosting immunity, and preventing infections. Common probiotic strains include Lactobacillus and Bifidobacterium, found in fermented foods like yogurt, kimchi, and supplements. Studies suggest probiotics can improve conditions like irritable bowel syndrome (IBS), allergies, and mental health. The increasing consumer focus on gut health and functional foods has fueled the growth of the probiotics market.

Forecast Growth Projected:

The Global Probiotics Market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2031. In 2023, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.

List of the Key Players in the Probiotics Market:

Koninklijke DSM N.V., Evolve BioSystems, Inc., Nature's Bounty Co., Lifeway Foods, Inc., Danone S.A, Yakult Honsha Co., Ltd., BioGaia AB, CHR. Hansen Holding A/S, Lallemand Inc., and The Procter & Gamble Company.

Industry Development:

On January 27, 2021, Wellbeing Nutrition (WBN), India's leading organic plant-based nutrition company, launched Probiotic + Prebiotic, a plant-based and clinically studied formula designed to support gut health.

Research Methodology

Our research methodology combines both qualitative and quantitative approaches to provide you with a thorough market analysis. We begin by gathering data from trusted industry reports and databases (secondary research), followed by primary research through surveys and interviews with key experts. We then apply advanced statistical tools to analyze the data, uncover trends, and assess market dynamics. Additionally, we use market segmentation and Porter's Five Forces analysis to evaluate competition. This approach ensures that the insights we provide are reliable, actionable, and tailored to support your decision-making process.

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Segment Covered in the Probiotics Market:

By Ingredients: Bacteria, Yeast.

By End-Use: Human, Animal.

By Application: Food and Beverages, Dietary Supplements, Animal Feed.

By Distribution Channel: Online, Offline.

This Report Covers:

✔ Go-to-market Strategy.

✔ Neutral perspective on the market performance.

✔Development trends, competitive landscape analysis, supply side analysis, demand side analysis, year-on-year growth, competitive benchmarking, vendor identification, Market Access, and other significant analysis, as well as development status.

✔Customized regional/country reports as per request and country level analysis.

✔ Potential & niche segments and regions exhibiting promising growth covered.

✔ Analysis of Market Size (historical and forecast), Total Addressable Market (TAM), Serviceable Available Market (SAM), Serviceable Obtainable Market (SOM), Market Growth, Technological Trends, Market Share, Market Dynamics, Competitive Landscape and Major Players (Innovators, Start-ups, Laggard, and Pioneer).

Regional Analysis for Probiotics Market:

⇥ North America (U.S., Canada, Mexico)

⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

⇥ South America (Colombia, Brazil, Argentina, Rest of South America)

⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

Benefits of the Report:

➡ A descriptive analysis of demand-supply gap, market size estimation, SWOT analysis, PESTEL Analysis and forecast in the global market.

➡ Top-down and bottom-up approach for regional analysis

➡ Porter's five forces model gives an in-depth analysis of buyers and suppliers, threats of new entrants & substitutes and competition amongst the key market players.

➡ By understanding the value chain analysis, the stakeholders can get a clear and detailed picture of this Market

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Frequently asked questions:

➠ What is the global sales value, production value, consumption value, import and export of Probiotics market?

➠ Who are the global key manufacturers of the Probiotics Industry? How is their operating situation (capacity, production, sales, price, cost, gross, and revenue)?

➠ What are the Probiotics market opportunities and threats faced by the vendors in the global Probiotics Industry?

➠ Which application/end-user or product type may seek incremental growth prospects? What is the market share of each type and application?

➠ What focused approach and constraints are holding the Probiotics market?

➠ What are the different sales, marketing, and distribution channels in the global industry?

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