Plant-based Probiotics Market: A Vegan-Friendly Alternative for Digestive Health By 2031 | Most Leading Companies - Danone S.A., Nestlé S.A., Yakult Honsha Co., Ltd., Probi AB, Renew Life, BioGaia AB

Global Plant-based Probiotics Market reached US$ 912.1 million in 2023 and is expected to reach US$ 1382.3 million by 2031, growing with a CAGR of 6.1% during the forecast period 2024-2031.

Plant-based Probiotics Market report, published by DataM Intelligence, delivers detailed insights and analysis on major market trends, growth prospects, and emerging challenges. With a strong focus on providing actionable intelligence, DataM Intelligence enables businesses to make well-informed decisions and maintain a competitive edge. By blending both qualitative and quantitative research approaches, the company offers thorough reports that support clients in navigating complex market environments, driving strategic expansion, and capitalizing on new opportunities in today's rapidly evolving global landscape.

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Market opportunities and Growth Drivers

✦ Surge in Plant-Based Diet Adoption

✦ Increase in Lactose Intolerance & Dairy Sensitivities

✦ Challenges in Supply Chains & Ingredient Availability

Plant-based Probiotics Market Recent Development:

In July 2023, Austrian entrepreneurs Helmut Essl and Alexander Schütz launched SlimBiotics, a new plant-based probiotic designed to combat the rising global epidemic of overweight and obesity.

In May 2023, Roquette, a global leader in plant-based ingredients and excipients for the pharmaceutical and nutraceutical industries, introduced PEARLITOL® ProTec. This innovative excipient aims to enhance the versatility, stability, and consumer appeal of next-generation probiotic supplements.

List of the Key Players in the Plant-based Probiotics Market:

Danone S.A., Nestlé S.A., Yakult Honsha Co., Ltd., Probi AB, Renew Life, BioGaia AB, General Mills, Inc., NutraScience Labs, ADM and IFF.

Research Process:

Both primary and secondary data sources have been used in the global Plant-based Probiotics 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 Plant-based Probiotics Market:

By Product Type: Fermented Vegetables, Fortified Dairy Alternatives, Fortified Fruit Juices, Isolates, Others

By Ingredient Type: Bacteria, Yeast, Others

By Application: Immune Health, Digestive Health, General Wellness, Others

By End-User: Infants & Children, Adults, Middle-Aged, Elderly

By Distribution Channel: Online, Offline

Regional Analysis for Plant-based 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)

People Also Ask:

Most Frequently Asked Questions in the Plant-based Probiotics Market Research Industry:

➠ What are the global figures for sales, production, consumption, imports, and exports in the Plant-based Probiotics market?

➠ Who are the top manufacturers in the global Plant-based Probiotics industry, and what is their current status in terms of production capacity, output, sales performance, pricing structure, cost analysis, profit margins, and overall revenue?

➠ What key opportunities are available for vendors in the Plant-based Probiotics market, and what challenges are they likely to encounter?

➠ Which application areas, end-user segments, or product types are projected to experience significant growth, and how is the market share distributed among them?

➠ What are the major drivers and barriers influencing the growth trajectory of the Plant-based Probiotics market?

➠ What are the primary sales, marketing, and distribution strategies used across the global Plant-based Probiotics industry landscape?

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