Future of Probiotics Market: Gut-Brain Axis, Women's Health & Personalized Formulations By 2031 | Most Leading Companies - Koninklijke DSM N.V., Evolve BioSystems, Inc., Nature's Bounty Co

Global Probiotics Market reached USD 62.4 billion in 2022 and is expected to reach USD 108.0 billion by 2031 and is expected to grow with a CAGR of 7.1% during the forecast period 2024-2031

Probiotics 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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Probiotics are live microorganisms, primarily bacteria and yeasts, that provide health benefits when consumed in adequate amounts. They help maintain or restore a healthy balance of gut microbiota, support digestion, boost the immune system, and may even improve mental well-being. Commonly found in fermented foods like yogurt, kefir, and sauerkraut, as well as in dietary supplements, probiotics are widely used for promoting overall health and preventing gastrointestinal disorders.

List of the Key Players in the Probiotics Market:

Koninklijke DSM N.V., Evolve BioSystems, Inc., Nature's Bounty Co., Lifeway Foods, Inc., Danone S.A, Yakult Honsha Co., Ltd., BioGaia AB, CHR. Hansen Holding A/S, Lallemand Inc., and The Procter & Gamble Company.

Industry Development:

On January 27, 2021, Wellbeing Nutrition (WBN), a prominent Indian brand specializing in organic, plant-based supplements, introduced its clinically-researched Probiotic + Prebiotic formula designed to effectively address a wide range of gut health concerns.

On February 18, 2021, probiotics specialist Probi entered into a semi-exclusive partnership with Perrigo, a key player in over-the-counter health and wellness products. Under this agreement, Perrigo launched three new probiotic dietary supplements in 14 European countries, featuring scientifically validated probiotic strains developed by Probi to support digestive and immune health.

Growth Forecast Projected:

The Global Probiotics 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 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.

Segment Covered in the Probiotics Market:

By Ingredients: Bacteria, Yeast

By End-Use: Human, Animal

By Application: Food and Beverages, Dietary Supplements, Animal Feed

By Distribution Channel: Online, Offline

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Regional Analysis for Probiotics Market:

The regional analysis of the Probiotics 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 Probiotics market?

➠ Who are the leading manufacturers in the global Probiotics 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 Probiotics 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 Probiotics market?

➠ What are the various sales, marketing, and distribution channels in the global industry?

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