Press release
Probiotics Market Aims to Exceed US$ 88 Mn by 2031- Persistence Market Research
The probiotics market has witnessed robust growth in recent years, driven by increasing consumer awareness about gut health and the benefits of probiotics in improving digestion and immunity. Probiotics, which are live bacteria and yeasts beneficial for gut health, are widely incorporated into functional foods, dietary supplements, and personal care products. The global probiotics market is estimated to reach US$50.3 million in 2024 and is expected to expand to US$88 million by 2031, growing at a CAGR of 8.3% from 2024 to 2031.Get a Sample PDF Brochure of the Report (Use Corporate Email ID for a Quick Response):
https://www.persistencemarketresearch.com/samples/34636
The leading segment in the market is probiotic food and beverages, particularly yogurt-based products, as consumers increasingly seek natural solutions for gut health. Regionally, Asia Pacific dominates the market with approximately 42% market share due to a large health-conscious population and the rising popularity of probiotic-rich diets. The region's demand is further fueled by increased disposable incomes and government initiatives promoting functional foods.
Key Highlights from the Report
The rising awareness of probiotics' health benefits, including improved digestion and immunity, is a key driver of market growth.
The demand for natural and preventive healthcare solutions is significantly influencing purchasing decisions.
Functional foods and dietary supplements fortified with probiotics are experiencing increasing adoption worldwide.
Yogurt and fermented dairy products are witnessing higher demand due to their probiotic content.
The food and beverage sector is expanding, supported by increased consumer spending and regulatory approvals.
Fortified food products are becoming a priority for health-conscious consumers, driving market expansion.
Market Segmentation
The probiotics market is categorized based on product type, ingredient type, end-use, and distribution channels. Each category plays a critical role in shaping the industry's growth.
The market is dominated by probiotic food and beverages, accounting for a substantial share due to the increasing demand for functional foods. Consumers prefer food products that provide additional health benefits, leading to the inclusion of probiotics in yogurt, kefir, kombucha, and fermented food products. Another growing segment is probiotic dietary supplements, which are gaining traction due to their easy consumption and targeted health benefits. Additionally, animal feed probiotics are expanding due to increased concerns regarding animal health and productivity.
Probiotics are primarily classified into bacteria-based and yeast-based products. Among these, Lactobacillus dominates the market, holding a significant 65% share due to its well-documented health benefits. These bacterial strains play a crucial role in improving digestion, nutrient absorption, and immunity. Yeast-based probiotics are also gaining attention for their role in maintaining gut flora balance and preventing infections.
The primary consumers of probiotics are humans and animals. Human probiotics account for the largest share, as probiotics are widely used in dietary supplements and functional foods. Animal probiotics are increasingly being incorporated into livestock feed to enhance gut health, improve digestion, and boost overall productivity in dairy and meat-producing animals.
Probiotics are widely available through hypermarkets/supermarkets, pharmacies, specialty stores, and online retail. The growing preference for online shopping and e-commerce platforms is expanding accessibility and driving sales of probiotic supplements and functional foods globally.
Regional Insights
Asia Pacific - The Market Leader
Asia Pacific leads the probiotics market, accounting for nearly 42% of the total market share. This dominance is attributed to increasing health awareness, rising disposable incomes, and the widespread consumption of probiotic-rich diets. Countries like China, Japan, and India have seen significant growth in probiotic food and beverages, driven by traditional diets that incorporate fermented foods.
North America - Growing Focus on Gut Health
North America is witnessing increased demand for probiotic supplements and functional foods, especially in the U.S. and Canada. Consumers are well-informed about the benefits of probiotics for digestion, immunity, and overall well-being. The growing trend of personalized nutrition and gut microbiome research is expected to propel market growth further.
Europe - Innovation Driving Growth
Europe remains a strong market for probiotics, with companies focusing on product innovation and regulatory approvals. Countries like Germany, the UK, and France are key markets where probiotic-infused foods and beverages are gaining popularity. The region also benefits from a well-established dairy industry, which promotes probiotic dairy products.
Middle East & Africa and Latin America - Emerging Markets
These regions are experiencing steady growth due to increasing health consciousness and improving distribution channels. Governments are also supporting probiotic awareness initiatives, further fueling demand.
Market Growth Drivers
Increasing Consumer Awareness of Gut Health
Consumers are actively seeking probiotic-rich products to enhance digestive health, immunity, and overall well-being. The increasing availability of information on the gut microbiome's role in health has led to a surge in probiotic product consumption.
Rising Demand for Preventive Healthcare
As more people shift towards natural and non-pharmaceutical solutions, probiotics are becoming a preferred choice for maintaining long-term health.
Growth in Functional Foods and Beverages
The rising demand for fortified dairy products, beverages, and fermented foods is accelerating the adoption of probiotics in everyday diets.
Market Restraints
Lack of Consumer Awareness
Despite growing interest, a significant portion of the population remains unaware of the specific health benefits of probiotics, affecting adoption rates.
Quality Control and Standardization Challenges
Ensuring the viability and efficacy of probiotic strains throughout the manufacturing and distribution process remains a challenge due to the lack of uniform regulations across different markets.
Market Opportunities
Expansion into Non-Dairy Products
The demand for plant-based probiotic products, such as almond and coconut yogurt, is rising, offering new growth avenues for manufacturers.
Integration in Personal Care Products
Probiotics are increasingly being incorporated into skincare and personal care products, addressing concerns related to acne, inflammation, and skin microbiome balance.
Reasons to Buy the Report
✔ Comprehensive analysis of market trends and growth drivers.
✔ In-depth segmentation analysis covering all major categories.
✔ Regional insights with data-driven projections for key markets.
✔ Strategic recommendations for businesses to maximize market opportunities.
✔ Analysis of competitive landscape, key players, and recent market developments.
Company Insights and Key Players
Arla Foods
BioGaia
Danone
General Mills
i-Health
Lallemand
Lifeway Foods
Nestlé
Probi
Yakult Honsha
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About Persistence Market Research:
At Persistence Market Research, we specialize in creating research studies that serve as strategic tools for driving business growth. Established as a proprietary firm in 25.92, we have evolved into a registered company in England and Wales in 2023 under the name Persistence Research & Consultancy Services Ltd. With a solid foundation, we have completed over 3600 custom and syndicate market research projects, and delivered more than 2700 projects for other leading market research companies' clients.
Our approach combines traditional market research methods with modern tools to offer comprehensive research solutions. With a decade of experience, we pride ourselves on deriving actionable insights from data to help businesses stay ahead of the competition. Our client base spans multinational corporations, leading consulting firms, investment funds, and government departments. A significant portion of our sales comes from repeat clients, a testament to the value and trust we've built over the years.
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