Press release
Food Probiotics Industry Booms With USD 100.1Bn by 2031 | Arla Foods, Inc., BioGaia AB, Chr. Hansen Holding A/S
The Global Food Probiotics Market reached USD 60.5 billion in 2022 and is expected to reach USD 100.1 billion by 2031 and is expected to grow with a CAGR of 6.5% during the forecast period 2024-2031.Food 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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Food probiotics are live microorganisms, primarily beneficial bacteria, that are added to foods and provide health benefits when consumed in adequate amounts. They help support gut health, boost immunity, and improve digestive function.
List of the Key Players in the Food Probiotics Market:
Arla Foods, Inc., BioGaia AB, Chr. Hansen Holding A/S, Danone, Danisco A/S, General Mills, Inc., I-Health Inc., Lallemand Inc., Lifeway Foods Inc., and Mother Dairy Fruit & Vegetable Pvt. Ltd.
Industry Development:
In April 2023, NextFoods, a trailblazer in the functional food and beverage space since 2006, announced its merger with Cheribundi, a leading brand in natural sports nutrition, and GoodBelly, known for its gut health innovations.
Growth Forecast Projected:
The Global Food 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 Food 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 Food Probiotics Market:
By Source: Bacteria, Yeast
By Application: Animal Feed, Dietary Supplements, Functional Food & Beverages, Baked Goods, Cereal, Dairy, Products, Fermented Meat, Non-Dairy Beverages
By End-User: Animal Probiotics, Human Probiotics
Regional Analysis for Food Probiotics Market:
The regional analysis of the Food 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 Food Probiotics market?
➠ Who are the leading manufacturers in the global Food 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 Food 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 Food Probiotics market?
➠ What are the various sales, marketing, and distribution channels in the global industry?
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