Medical Probiotics Market Set to Reach USD 64.13 Billion by 2031 Driven by Rising Consumer Demand for Preventive Healthcare and Gut Wellness

InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the "Global Medical Probiotics Market - (By Ingredient Type (Bacteria (Lactobacilli, Bifidobacterium, Streptococcus, and Bacillus), Yeast, Spore Formers, and OthersBy Application: Probiotic Food & Beverages (Dairy Products, Non-dairy Beverages, Cereals, Baked Goods, and Fermented Meat Products), Probiotic Dietary Supplements, Probiotics for Women's Health, Infant Formula, and Others), By Distribution Channel (Hypermarkets/Supermarkets, Pharmacies/Drugstores, Specialty Stores, and Online Sales)), Trends, Industry Competition Analysis, Revenue and Forecast To 2031."

According to the latest research by InsightAce Analytic, the Global Medical Probiotics Market is valued at US$ 39.32 Bn in 2022, and it is expected to reach US$ 64.13 Bn by 2031, with a CAGR of 5.76% during the forecast period of 2023-2031.

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Probiotics are live microorganisms that confer health benefits by positively influencing the gut microbiome. Among the most commonly used probiotic strains are Lactobacillus and Bifidobacterium, which have demonstrated effectiveness in supporting immune function, urogenital and oral health, respiratory function, and the management of allergy symptoms. Additionally, probiotics have been associated with improvements in mental well-being, including the mitigation of stress, anxiety, and depression.

The growing consumer preference for natural products serves as a key driver of the probiotics market. Increased awareness surrounding preventive healthcare and the scientifically recognized health benefits of probiotic strains have contributed to rising demand. Furthermore, the expanding popularity of functional foods-which provide both nutritional value and potential health benefits-has played a significant role in market growth.

Organizations such as the International Food Information Council (IFIC) are actively promoting the benefits of functional foods, including probiotics, through educational campaigns, informational publications, and industry conferences. In emerging economies, rising health awareness and increasing incidences of lifestyle-related health conditions are further accelerating the adoption of probiotic products, thereby driving market expansion.

List of Prominent Players in the Medical Probiotics Market:
• Probi AB
• Abbott
• Lonza
• Chr. Hansen Holding A/S
• Danone S.A.
• Yakult Honsha Co., Ltd.
• Nestle S.A.
• DowDuPont Inc.
• Kerry Group plc.
• BioGaia AB
• DSM
• Sun Genomics
• Evonik
• Probiotics International Limited (Protexin)
• UAS Laboratories Llc.
• Lallemand
• Glac Biotech
• Ab-Biotics
• Winclove Probiotics
• Sacco System
• General Mills Inc.
• ADM
• Unique Biotech Ltd
• Lifeway Foods, Inc.
• Suja Life, Llc
• Biohm Health
• Others

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Market Dynamics
Drivers:
The increasing demand for medical probiotics is significantly influenced by the rising popularity of plant-based dairy alternatives, driven by the growing number of individuals adopting vegan lifestyles and those with lactose intolerance. The food industry is witnessing a surge in the development and consumption of lactose-free, plant-based, and probiotic-enriched products such as almond milk kefir, coconut yogurt, and cashew-based cheese. Additionally, non-dairy probiotic products like probiotic-enhanced chocolate, ice cream, and smoothies are gaining traction. This growing interest in both probiotics and plant-based alternatives is expected to fuel market expansion over the forecast period.

Challenges:
Key challenges in the medical probiotics market include high production costs, a shortage of skilled professionals, and the absence of standardized protocols, particularly in emerging economies. These challenges have been exacerbated by the disruptions caused by the COVID-19 pandemic, which impacted research and development activities due to lockdowns and supply chain interruptions. The significant costs associated with R&D, laboratory infrastructure, and regulatory compliance contribute to elevated retail prices, thereby limiting consumer accessibility and market penetration. Furthermore, the diverse forms and packaging of probiotic products add to production complexity and cost. Despite these challenges, the pandemic has also heightened consumer interest in immune-supportive products, leading to increased innovation and product launches aimed at addressing this growing demand.

Regional Trends:
North America is anticipated to hold the largest share of the medical probiotics market, with strong growth projections attributed to the rising prevalence of lifestyle-related health conditions such as obesity and diabetes. The presence of leading regional manufacturers is expected to further support market development. In Europe, the market also demonstrates considerable strength, fueled by increased investments in both the pharmaceutical and food sectors. Additional factors such as rising consumer confidence, higher disposable income, and improving living standards are projected to contribute positively to regional market expansion.

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Recent Developments:
• In Oct 2023, Nestlé released a novel combination of a probiotic strain and six different human milk oligosaccharides (HMOs) in their latest infant nutrition product. This blend aims to provide comprehensive support for the growth and development of infants as they progress through different stages of life.
• In July 2023, Danone's latest probiotic supplement, Almimama, was introduced in Spain. A clinical study revealed that the supplement helps bolster breastfeeding by diminishing the occurrence of mastitis. Danone has utilized its knowledge in breastmilk investigation and lactation to create Almimama.

Segmentation of Medical Probiotics Market-
By Ingredient Type
• Bacteria
o Lactobacilli
o Bifidobacterium
o Streptococcus
o Bacillus
• Yeast
• Spore Formers
• Others
By Application
• Probiotic Food & Beverages
o Dairy Products
o Non-dairy Beverages
o Cereals
o Baked Goods
o Fermented Meat Products
• Probiotic Dietary Supplements
• Probiotics for Women's Health
• Infant Formula
• Others
By Distribution Channel
• Hypermarkets/Supermarkets
• Pharmacies/Drugstores
• Specialty Stores
• Online Sales
By Region-
North America-
• The US
• Canada
• Mexico
Europe-
• Germany
• The UK
• France
• Italy
• Spain
• Rest of Europe
Asia-Pacific-
• China
• Japan
• India
• South Korea
• South East Asia
• Rest of Asia Pacific
Latin America-
• Brazil
• Argentina
• Rest of Latin America
Middle East & Africa-
• GCC Countries
• South Africa
• Rest of the Middle East and Africa

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This release was published on openPR.