Global Probiotics Market to grow at a CAGR of 7.66% by 2030, Evaluates DelveInsight | Danone, Nestle, BioGaia, Yakult Honsha Co., Ltd., Probi, Lifeway Foods, Inc., Kerry Inc., Chr. Hansen Holding A/S, Arla Foods amba, Lepicol, Lallemand Inc

According to DelveInsight's analysis, The probiotics market is expected to experience strong growth due to several key factors, including growing awareness of digestive health, rising demand for probiotics in preventive healthcare, and expanding use in sports nutrition. Additionally, increased attention to animal health, ongoing product innovation, and a heightened emphasis on probiotic safety are anticipated to significantly boost market revenue throughout the forecast period (2024-2030).

DelveInsight's "Probiotics Market Insights, Competitive Landscape and Market Forecast-2030" report provides the current and forecast market outlook, forthcoming device innovation, challenges, market drivers and barriers. The report also covers the major emerging products and key Probiotics companies actively working in the market.

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Probiotics Overview
Probiotics are live microorganisms, primarily bacteria and yeast, that provide health benefits when consumed in adequate amounts. They help maintain a healthy balance of gut bacteria, support digestion, boost the immune system, and may prevent or treat certain gastrointestinal issues like diarrhea or irritable bowel syndrome (IBS). Probiotics are commonly found in fermented foods like yogurt, kefir, sauerkraut, and in dietary supplements.

DelveInsight Analysis: The global probiotics market was estimated at USD 58,361.24 million in 2023 and is projected to grow at a CAGR of 7.66% during the 2024-2030 forecast period.

Probiotics Market Insights
Geographically, North America is projected to dominate the global probiotics market in 2023 and maintain its leading position throughout the forecast period (2024-2030). This growth is primarily driven by the rising demand for probiotics, fueled by the increasing incidence of gastrointestinal disorders in the population. Additionally, factors such as a growing preference for fortified food products, heightened emphasis on animal health, presence of major industry players, frequent product launches, and rising disposable income are expected to further support the expansion of the probiotics market in the region.

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Recent Developments in the Probiotics Market Report
• In September 2022, Nestlé's probiotic brand, Garden of Life, introduced two new probiotic products in China aimed at promoting children's growth and strengthening their immune health.
• In December 2021, EZZ Life Science Holdings has introduced two new digestive health products-EZZ Biotic EnGastro Capsule and EZZ Biotic HHP Support Probiotic-designed to help manage diarrhea and alleviate symptoms associated with medically diagnosed Irritable Bowel Syndrome (IBS).
• Thus, owing to such developments in the market, rapid growth will be observed in the Probiotics market during the forecast period

Key Players in the Probiotics Market
Some of the key market players operating in the Probiotics market include- Danone, Nestle, BioGaia, Yakult Honsha Co., Ltd., Probi, Lifeway Foods, Inc., Kerry Inc., Chr. Hansen Holding A/S, Arla Foods amba, Lepicol, Lallemand Inc., Novozymes A/S, Winclove Probiotics, MORINAGA MILK INDUSTRY CO., LTD., Lonza, SUJA LIFE, LLC, i-Health, Inc., AB-Biotics, S.A., Sun Genomics, MORINAGA MILK INDUSTRY CO., LTD, and others.

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Analysis on the Probiotics Market Landscape
Probiotics incorporated into functional foods and beverages offer multiple health benefits, such as lowering the risk of cancer, cardiovascular diseases, diabetes, and certain allergic reactions. They also improve lactose digestion. Among older adults, adequate probiotic intake may help reduce the likelihood of colds and flu. Moreover, probiotic bacteria in functional foods can produce vitamins, immune-supporting proteins, and various peptides with therapeutic effects. For instance, Limosilactobacillus reuteri generates reuterin, a powerful peptide with antibacterial, antifungal, antiviral, and antiprotozoal properties.
Given these benefits and the increasing consumer interest, probiotic-enriched functional foods are expected to drive significant growth in the global probiotics market during the forecast period.

Scope of the Probiotics Market Report
• Coverage: Global
• Study Period: 2021-2030
• Probiotics Market Segmentation By Type: Bacteria And Yeast
• Probiotics Market Segmentation By Product Type: Functional Food And Beverages, Dietary Supplements, And Animal Feed
• Probiotics Market Segmentation By Application Type: Human Nutrition And Animal Nutrition
• Probiotics Market Segmentation By Distribution Channel: Supermarkets And Hypermarkets, Convenience Stores, And Others
• Probiotics Market Segmentation By End-User: Hospitals, Ambulatory Surgical Centers, and Others
• Probiotics Market Segmentation By Geography: North America, Europe, Asia-Pacific, and Rest of the World
• Key Probiotics Companies: Danone, Nestle, BioGaia, Yakult Honsha Co., Ltd., Probi, Lifeway Foods, Inc., Kerry Inc., Chr. Hansen Holding A/S, Arla Foods amba, Lepicol, Lallemand Inc., Novozymes A/S, Winclove Probiotics, MORINAGA MILK INDUSTRY CO., LTD., Lonza, SUJA LIFE, LLC, i-Health, Inc., AB-Biotics, S.A., Sun Genomics, MORINAGA MILK INDUSTRY CO., LTD, and others
• Porter's Five Forces Analysis, Product Profiles, Case Studies, KOL's Views, Analyst's View

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Table of Contents
1 Probiotics Market Report Introduction
2 Probiotics Market Executive summary
3 Regulatory and Patent Analysis
4 Probiotics Market Key Factors Analysis
5 Porter's Five Forces Analysis
6 COVID-19 Impact Analysis on Probiotics Market
7 Probiotics Market Layout
8 Global Company Share Analysis - Key 3-5 Companies
9 Company and Product Profiles
10 Project Approach
11 Probiotics Market Drivers
12 Probiotics Market Barriers
13 About DelveInsight

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