Press release
Global Bifidobacterium Probiotic Market is expected to reach US$ 1.9 billion by 2031 | DuPont, Goerlich Pharma GmbH, Mitushi Bio Pharma
Global Bifidobacterium Probiotic Market reached US$ 1.1 billion in 2023 and is expected to reach US$ 1.9 billion by 2031, growing with a CAGR of 8.8% during the forecast period 2024-2031.Bifidobacterium Probiotic Market report, published by DataM Intelligence, provides in-depth insights and analysis on key market trends, growth opportunities, and emerging challenges. Committed to delivering actionable intelligence, DataM Intelligence empowers businesses to make informed decisions and stay ahead of the competition. Through a combination of qualitative and quantitative research methods, it 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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Growing consumer awareness about gut health and the benefits of probiotics, particularly bifidobacterium, is driving demand for probiotic products across diverse demographics. As a result, manufacturers are expanding their product offerings to cater to varying consumer preferences, providing more ways to incorporate probiotics into daily routines.
For example, on May 23, 2023, PanTheryx's TruBiotics launched two new probiotic supplements designed specifically for women's health. These formulations include a blend of probiotic strains known for promoting digestive and vaginal health, including Bifidobacterium animalis, one of the most extensively researched strains for gut health.
In the Asia-Pacific region, increasing health consciousness is fueling interest in bifidobacterium probiotics to support digestion and overall well-being. Companies are investing in research and development to explore their health benefits and create innovative products tailored to regional health concerns. This includes studying the effectiveness of bifidobacterium probiotics in addressing specific conditions prevalent in the region, further driving market growth.
List of the Key Players in the Bifidobacterium Probiotic Market: DuPont, Goerlich Pharma GmbH, Mitushi Bio Pharma, and Chr. Hansen Holding A/S, Probi AB, Lallemand Inc., Novozymes A/S, Danone Corp, Nestlé S.A., Yakult Honsha Co., Ltd.
Industry Development:
On January 30, 2023, Nissin Foods Group, announced the launch of Foods with Function Claims (FFCs) featuring lactic acid bacteria for the first time. This innovative move reflects the company's commitment to staying at the forefront of evolving consumer preferences and trends, particularly in the realm of gut health and the gut-brain axis.
On March 1, 2021, Bayer expanded its portfolio beyond gastrointestinal relief to address overall gut health with the introduction of two new probiotic products. Developed in collaboration with China's Jiangnan University, these probiotics are specifically formulated to target common gastrointestinal issues, including constipation and diarrhea.
Growth Forecast Projected:
The Global Bifidobacterium Probiotic 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.
Research Process:
Both primary and secondary data sources have been used in the global Bifidobacterium Probiotic Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.
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Segment Covered in the Bifidobacterium Probiotic Market:
By Type (Bifidobacterium animalis, Bifidobacterium longum, Bifidobacterium bifidum, Others)
By Form (Dry, Liquid)
By Application (Food & Beverages, Pharmaceuticals, Animal Feed, Others)
By End-User (Infants, Adults, Children, Animals)
Regional Analysis for Bifidobacterium Probiotic Market:
The regional analysis of the Bifidobacterium Probiotic Market covers key regions including North America, Europe, Asia Pacific Middle East and Africa and South America. The North America with a focus on the U.S., Canada, and Mexico; Europe, highlighting major countries like the U.K., Germany, France, and Italy, along with other nations in the region; Asia-Pacific, covering India, China, Japan, South Korea, and Australia, among others; South America, with emphasis on Colombia, Brazil, and Argentina; and the Middle East & Africa, which includes Saudi Arabia, the U.A.E., South Africa, and other countries. This comprehensive regional breakdown helps identify unique market trends and growth opportunities specific to each area.
⇥ 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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People Also Ask:
➠ What is the global sales, production, consumption, import, and export value of the Bifidobacterium Probiotic market?
➠ Who are the leading manufacturers in the global Bifidobacterium Probiotic industry? What is their operational status in terms of capacity, production, sales, pricing, costs, gross margin, and revenue?
➠ What opportunities and challenges do vendors in the global Bifidobacterium Probiotic industry face?
➠ Which applications, end-users, or product types are expected to see growth? What is the market share for each type and application?
➠ What are the key factors and limitations affecting the growth of the Bifidobacterium Probiotic market?
➠ What are the various sales, marketing, and distribution channels in the global industry?
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