Press release
Investment & M&A in Lactobacillus Probiotics Market | Strategic Deals Power Expansion To 2031
Market Size and GrowthAs per DataM Intelligence Experts Research Report Global Lactobacillus Probiotic Market reached US$ 2.7 billion in 2023 and is expected to reach US$ 4.9 billion by 2031, growing with a CAGR of 8.9% during the forecast period 2024-2031.
Lactobacillus-Probiotic Market report, published by DataM Intelligence has released its latest in-depth analysis on the global Lactobacillus-Probiotic Market, delivering a detailed overview of regional growth patterns, market segmentation, CAGR, and financial performance among leading industry players. The report offers readers a clear snapshot of the current market value and volume, alongside an exploration of emerging opportunities and ongoing developments. By shining a spotlight on key market drivers and highlighting the evolving industry landscape, the report equips businesses and stakeholders with strategic insights to identify new growth avenues and navigate future market dynamics confidently.
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The Lactobacillus Probiotic refers to the global demand for probiotic products-primarily dietary supplements and functional foods-based on Lactobacillus strains like L. casei, L. rhamnosus, and L. reuteri, which support gut health, immunity, digestion, and general wellness.
Key Players:
Mitushi BioPharma
Goerlich Pharma GmbH
Nutra Healthcare Private Limited
Fermentis Life Sciences
Unique Biotech
Culturelle Probiotic Canada
BJP Laboratories
ProbioFerm
Fido Pharma Pvt. Ltd.
Probiotics Australia
Key Development:
On April 27, 2023, Gnosis by Lesaffre broadened its probiotic portfolio by launching LifeinU L. rhamnosus GG 350, a new quality variant of its renowned LifeinU L. rhamnosus GG strain. This strain is globally recognized and widely incorporated into products aimed at supporting digestive health.
Growth Forecast Projected:
The Global Lactobacillus-Probiotic 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 Lactobacillus-Probiotic 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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Key Segments:
By Form: (Liquid, Powder, Capsule, Tablet, Others)
By Distribution Channel: (Retail Pharmacy, Hospital Pharmacy, Supermarkets and Hypermarkets, Online Pharmacy, Others)
By Application: (Drugs, Dietary Supplements, Others)
By End-User: (Infants, Children, Adults, Seniors)
Regional Analysis for Lactobacillus-Probiotic 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)
Benefits of the Report:
Chapter 1: Sets the stage by outlining the report's coverage, summarizing key market segments by region, product type, and application. Presents a snapshot of market sizes, growth potential across segments, and anticipated industry evolution both short and long term.
Chapter 2: Highlights pivotal market insights and uncovers the most significant emerging trends driving change within the industry.
Chapter 3: Offers an in-depth look at the competitive landscape among Lactobacillus-Probiotic producers, including revenue shares, strategic moves, and recent mergers and acquisitions.
Chapter 4: Presents comprehensive profiles of the market's key players, delving into details such as revenue, profit margins, product portfolios, and company milestones.
Chapters 5 & 6: Analyze Lactobacillus-Probiotic revenue at both regional and country levels, providing quantitative breakdowns of market sizes, growth opportunities, and development prospects worldwide.
Chapter 7: Focuses on different market segments by type, examining their individual sizes and potential, guiding readers toward high-impact, untapped market areas.
Chapter 8: Explores segmentation by application, evaluating industry growth potential in various downstream markets and pinpointing promising sectors for expansion.
Chapter 9: Provides a thorough review of the industry's supply chain mapping out both upstream and downstream activities.
Chapter 10: Concludes with a summary of the report's key findings and highlights the most critical takeaways for industry stakeholders.
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FAQ
What is the current size of the Lactobacillus-Probiotic Market?
A: In 2023, the Lactobacillus-Probiotic Market was valued at USD$ 2.7 billion, reflecting its strong industry presence.
Q2: How large is the Lactobacillus-Probiotic Market expected to be by 2031?
A: By 2031, industry forecasts suggest the Lactobacillus-Probiotic Market will grow to around USD $ 4.9 billion, demonstrating significant expansion.
Q3: What is the growth rate of the Lactobacillus-Probiotic Market?
A: The market is projected to expand at a compound annual growth rate (CAGR) of 8.9% during the forecast period from 2024 to 2031.
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