Food and Beverages

Probiotics Market

Global Industry Analysis and Forecast 2023-2030

Pages : 120

Base Year : 2022

Release Year : May 2024

Format : Pdf Ppt Xls

Report ID: KR 173

Author : Priyanka V.

Base Year

2022

Forecast Year

2023-2030

Historical Years

2018-2021

Market Value (2022)

USD 72.45 billion

Forecasted Value (2030)

USD 126.34 billion

CAGR (2023 – 2030)

8.40%

Fastest Growing Region

Europe

Largest Region

Asia-Pacific

By Form

Dry, Liquid

By Ingredient

Bacteria, Yeast

By Application

Functional Food & Beverages, Dietary Supplements, Animal Feed

By End User

Human, Animal

By Distribution Channel

Supermarkets/Hypermarkets, Pharmacies/Drug Stores, Specialty Stores, Online


TABLE OF CONTENT

1 INTRODUCTION OF THE GLOBAL PROBIOTICS MARKET 
1.1 Market Definition
1.2 Market Segmentation
1.3 Research Timelines
1.4 Limitations
1.5 Assumptions

2 EXECUTIVE SUMMARY

3 RESEARCH METHODOLOGY
3.1 Data Collection
3.1.1 Secondary Sources
3.1.2 Primary Sources
3.1.3 Research Flow
3.2 Subject Matter Expert Advice
3.3 Quality Check
3.4 Final Review
3.5 Bottom-Up Approach
3.6 Top-down Approach

4  GLOBAL PROBIOTICS MARKET OUTLOOK
4.1 Market Evolution
4.2 Overview
4.3 Market Dynamics
4.3.1 Drivers
4.3.2 Restraints
4.3.3 Opportunities
4.3.4 Challenges
4.4 Pricing Analysis
4.5 Porter’s Five Forces Analysis
4.6 Value Chain Analysis
4.7 Macroeconomic Analysis

5 IMPACT OF RUSSIA-UKRAINE WAR

6  GLOBAL PROBIOTICS MARKET, BY FORM
6.1 Overview
6.2 Dry
6.3 Liquid

7 GLOBAL PROBIOTICS MARKET, BY INGREDIENT
7.1 Overview
7.2 Bacteria
7.3 Yeast

8 GLOBAL PROBIOTICS MARKET, BY APPLICATION
8.1 Overview
8.2 Functional Food & Beverages
8.3 Dietary Supplements
8.4 Animal Feed

9 GLOBAL PROBIOTICS MARKET, BY END USER
9.1 Overview
9.2 Human
9.3 Animal


10 GLOBAL PROBIOTICS MARKET, BY DISTRIBUTION CHANNEL
10.1 Overview
10.2 Supermarkets/Hypermarkets
10.3 Pharmacies/Drug Stores
10.4 Specialty Stores
10.5 Online

11 GLOBAL PROBIOTICS MARKET, BY GEOGRAPHY
11.1 Overview

12 NORTH AMERICA 
12.1 U.S.
12.2 Canada
12.3 Mexico

13 EUROPE 
13.1 Germany
13.2 U.K.
13.3 France
13.4 Italy
13.5 Spain
13.6 Russia
13.7 Rest of Europe

14 ASIA PACIFIC 
14.1 China
14.2 Japan
14.3 India
14.4 South Korea
14.5 Rest of Asia Pacific

15 MIDDLE EAST & AFRICA 
15.1 GCC
15.2 South Africa
15.3 North Africa
15.4 Rest of Middle East & Africa

16 LATIN AMERICA 
16.1 Brazil
16.2 Argentina
16.3 Rest of Latin America

17  GLOBAL PROBIOTICS MARKET COMPETITIVE LANDSCAPE
17.1 Overview
17.2 Key Developments
17.3 Key Strategic Developments
17.4 Company Market Ranking
17.5 Regional Footprint
17.6 Industry Footprint

18 COMPANY PROFILES
18.1 Yakult Honsha Co., Ltd 
18.1.1 Key Facts
18.1.2 Financial Overview
18.1.3 Product Benchmarking
18.1.4 Recent Developments
18.1.5 Winning Imperatives
18.1.6 Current Focus & Strategies
18.1.7 Threat from competition
18.1.8 SWOT Analysis
18.2 Nestlé 
18.2.1 Key Facts
18.2.2 Financial Overview
18.2.3 Product Benchmarking
18.2.4 Recent Developments
18.2.5 Winning Imperatives
18.2.6 Current Focus & Strategies
18.2.7 Threat from competition
18.2.8 SWOT Analysis
18.3 DuPont 
18.3.1 Key Facts
18.3.2 Financial Overview
18.3.3 Product Benchmarking
18.3.4 Recent Developments
18.3.5 Winning Imperatives
18.3.6 Current Focus & Strategies
18.3.7 Threat from competition
18.3.8 SWOT Analysis
18.4 Protexin 
18.4.1 Key Facts
18.4.2 Financial Overview
18.4.3 Product Benchmarking
18.4.4 Recent Developments
18.4.5 Winning Imperatives
18.4.6 Current Focus & Strategies
18.4.7 Threat from competition
18.4.8 SWOT Analysis
18.5 Danone
18.5.1 Key Facts
18.5.2 Financial Overview
18.5.3 Product Benchmarking
18.5.4 Recent Developments
18.5.5 Winning Imperatives
18.5.6 Current Focus & Strategies
18.5.7 Threat from competition
18.5.8 SWOT Analysis
18.6 Deerland Probiotics and Enzymes, Inc
18.6.1 Key Facts
18.6.2 Financial Overview
18.6.3 Product Benchmarking
18.6.4 Recent Developments
18.7 Goerlich Pharma GmbH 
18.7.1 Key Facts
18.7.2 Financial Overview
18.7.3 Product Benchmarking
18.7.4 Recent Developments
18.8 SANZYME BIOLOGICS PVT. LTD
18.8.1 Key Facts
18.8.2 Financial Overview
18.8.3 Product Benchmarking
18.8.4 Recent Developments
18.9 MORINAGA & CO., LTD 
18.9.1 Key Facts
18.9.2 Financial Overview
18.9.3 Product Benchmarking
18.9.4 Recent Developments
18.10 DSM 
18.10.1 Key Facts
18.10.2 Financial Overview
18.10.3 Product Benchmarking
18.10.4 Recent Developments

LIST OF TABLES

TABLE 1 Global Probiotics Market Revenue, By Form, 2020 – 2030 (USD Billion)
TABLE 2 Global Probiotics Market Revenue, By Ingredient, 2020 – 2030 (USD Billion)
TABLE 3 Global Probiotics Market Revenue, By Application, 2020 – 2030 (USD Billion)
TABLE 4 Global Probiotics Market Revenue, By End User, 2020 – 2030 (USD Billion)
TABLE 5 Global Probiotics Market Revenue, By Distribution Channel, 2020 – 2030 (USD Billion)
TABLE 6 Global Probiotics Market Revenue, By Geography, 2020 – 2030 (USD Billion)
TABLE 7 North America Probiotics Market Revenue, By Country, 2020 – 2030 (USD Billion)
TABLE 8 North America Probiotics Market Revenue, By Form, 2020 – 2030 (USD Billion)
TABLE 9 North America Probiotics Market Revenue, By Ingredient, 2020 – 2030 (USD Billion)
TABLE 10 North America Probiotics Market Revenue, By Application, 2020 – 2030 (USD Billion)
TABLE 11 North America Probiotics Market Revenue, By End User, 2020 – 2030 (USD Billion)
TABLE 12 North America Probiotics Market Revenue, By Distribution Channel, 2020 – 2030 (USD Billion)
TABLE 13 US Probiotics Market Revenue, By Form, 2020 – 2030 (USD Billion)
TABLE 14 US Probiotics Market Revenue, By Ingredient, 2020 – 2030 (USD Billion)
TABLE 15 US Probiotics Market Revenue, By Application, 2020 – 2030 (USD Billion)
TABLE 16 US Probiotics Market Revenue, By End User, 2020 – 2030 (USD Billion)
TABLE 17 US Probiotics Market Revenue, By Distribution Channel, 2020 – 2030 (USD Billion)
TABLE 18 Canada Probiotics Market Revenue, By Form, 2020 – 2030 (USD Billion)
TABLE 19 Canada Probiotics Market Revenue, By Ingredient, 2020 – 2030 (USD Billion)
TABLE 20 Canada Probiotics Market Revenue, By Application, 2020 – 2030 (USD Billion)
TABLE 21 Canada Probiotics Market Revenue, By End User, 2020 – 2030 (USD Billion)
TABLE 22 Canada Probiotics Market Revenue, By Distribution Channel, 2020 – 2030 (USD Billion)
TABLE 23 Mexico Probiotics Market Revenue, By Form, 2020 – 2030 (USD Billion)
TABLE 24 Mexico Probiotics Market Revenue, By Ingredient, 2020 – 2030 (USD Billion)
TABLE 25 Mexico Probiotics Market Revenue, By Application, 2020 – 2030 (USD Billion)
TABLE 26 Mexico Probiotics Market Revenue, By End User, 2020 – 2030 (USD Billion)
TABLE 27 Mexico Probiotics Market Revenue, By Distribution Channel, 2020 – 2030 (USD Billion)
TABLE 28 Europe Probiotics Market Revenue, By Country, 2020 – 2030 (USD Billion)
TABLE 29 Europe Probiotics Market Revenue, By Form, 2020 – 2030 (USD Billion)
TABLE 30 Europe Probiotics Market Revenue, By Ingredient, 2020 – 2030 (USD Billion)
TABLE 31 Europe Probiotics Market Revenue, By Application, 2020 – 2030 (USD Billion)
TABLE 32 Europe Probiotics Market Revenue, By End User, 2020 – 2030 (USD Billion)
TABLE 33 Europe Probiotics Market Revenue, By Distribution Channel, 2020 – 2030 (USD Billion)
TABLE 34 Germany Probiotics Market Revenue, By Form, 2020 – 2030 (USD Billion)
TABLE 35 Germany Probiotics Market Revenue, By Ingredient, 2020 – 2030 (USD Billion)
TABLE 36 Germany Probiotics Market Revenue, By Application, 2020 – 2030 (USD Billion)
TABLE 37 Germany Probiotics Market Revenue, By End User, 2020 – 2030 (USD Billion)
TABLE 38 Germany Probiotics Market Revenue, By Distribution Channel, 2020 – 2030 (USD Billion)
TABLE 39 France Probiotics Market Revenue, By Form, 2020 – 2030 (USD Billion)
TABLE 40 France Probiotics Market Revenue, By Ingredient, 2020 – 2030 (USD Billion)
TABLE 41 France Probiotics Market Revenue, By Application, 2020 – 2030 (USD Billion)
TABLE 42 France Probiotics Market Revenue, By End User, 2020 – 2030 (USD Billion)
TABLE 43 France Probiotics Market Revenue, By Distribution Channel, 2020 – 2030 (USD Billion)
TABLE 44 U.K. Probiotics Market Revenue, By Form, 2020 – 2030 (USD Billion)
TABLE 45 U.K. Probiotics Market Revenue, By Ingredient, 2020 – 2030 (USD Billion)
TABLE 46 U.K. Probiotics Market Revenue, By Application, 2020 – 2030 (USD Billion)
TABLE 47 U.K. Probiotics Market Revenue, By End User, 2020 – 2030 (USD Billion)
TABLE 48 Spain Probiotics Market Revenue, By Form, 2020 – 2030 (USD Billion)
TABLE 49 Spain Probiotics Market Revenue, By Ingredient, 2020 – 2030 (USD Billion)
TABLE 50 Spain Probiotics Market Revenue, By Application, 2020 – 2030 (USD Billion)
TABLE 51 Spain Probiotics Market Revenue, By End User, 2020 – 2030 (USD Billion)
TABLE 52 Spain Probiotics Market Revenue, By Distribution Channel, 2020 – 2030 (USD Billion)
TABLE 53 Italy Probiotics Market Revenue, By Form, 2020 – 2030 (USD Billion)
TABLE 54 Italy Probiotics Market Revenue, By Ingredient, 2020 – 2030 (USD Billion)
TABLE 55 Italy Probiotics Market Revenue, By Application, 2020 – 2030 (USD Billion)
TABLE 56 Italy Probiotics Market Revenue, By End User, 2020 – 2030 (USD Billion)
TABLE 57 Italy Probiotics Market Revenue, By Distribution Channel, 2020 – 2030 (USD Billion)
TABLE 58 Russia Probiotics Market Revenue, By Form, 2020 – 2030 (USD Billion)
TABLE 59 Russia Probiotics Market Revenue, By Ingredient, 2020 – 2030 (USD Billion)
TABLE 60 Russia Probiotics Market Revenue, By Application, 2020 – 2030 (USD Billion)
TABLE 61 Russia Probiotics Market Revenue, By End User, 2020 – 2030 (USD Billion)
TABLE 62 Russia Probiotics Market Revenue, By Distribution Channel, 2020 – 2030 (USD Billion)
TABLE 63 Rest of Europe Probiotics Market Revenue, By Form, 2020 – 2030 (USD Billion)
TABLE 64 Rest of Europe Probiotics Market Revenue, By Ingredient, 2020 – 2030 (USD Billion)
TABLE 65 Rest of Europe Probiotics Market Revenue, By Application, 2020 – 2030 (USD Billion)
TABLE 66 Rest of Europe Probiotics Market Revenue, By End User, 2020 – 2030 (USD Billion)
TABLE 67 Rest of Europe Probiotics Market Revenue, By Distribution Channel, 2020 – 2030 (USD Billion)
TABLE 68 Asia-Pacific Probiotics Market Revenue, By Country, 2020 – 2030 (USD Billion)
TABLE 69 Asia-Pacific Probiotics Market Revenue, By Form, 2020 – 2030 (USD Billion)
TABLE 70 Asia-Pacific Probiotics Market Revenue, By Ingredient, 2020 – 2030 (USD Billion)
TABLE 71 Asia-Pacific Probiotics Market Revenue, By Application, 2020 – 2030 (USD Billion)
TABLE 72 Asia-Pacific Probiotics Market Revenue, By End User, 2020 – 2030 (USD Billion)
TABLE 73 Asia-Pacific Probiotics Market Revenue, By Distribution Channel, 2020 – 2030 (USD Billion)
TABLE 74 China Probiotics Market Revenue, By Form, 2020 – 2030 (USD Billion)
TABLE 75 China Probiotics Market Revenue, By Ingredient, 2020 – 2030 (USD Billion)
TABLE 76 China Probiotics Market Revenue, By Application, 2020 – 2030 (USD Billion)
TABLE 77 China Probiotics Market Revenue, By End User, 2020 – 2030 (USD Billion)
TABLE 78 China Probiotics Market Revenue, By Distribution Channel, 2020 – 2030 (USD Billion)
TABLE 79 Japan Probiotics Market Revenue, By Form, 2020 – 2030 (USD Billion)
TABLE 80 Japan Probiotics Market Revenue, By Ingredient, 2020 – 2030 (USD Billion)
TABLE 81 Japan Probiotics Market Revenue, By Application, 2020 – 2030 (USD Billion)
TABLE 82 Japan Probiotics Market Revenue, By End User, 2020 – 2030 (USD Billion)
TABLE 83 Japan Probiotics Market Revenue, By Distribution Channel, 2020 – 2030 (USD Billion)
TABLE 84 India Probiotics Market Revenue, By Form, 2020 – 2030 (USD Billion)
TABLE 85 India Probiotics Market Revenue, By Ingredient, 2020 – 2030 (USD Billion)
TABLE 86 India Probiotics Market Revenue, By Application, 2020 – 2030 (USD Billion)
TABLE 87 India Probiotics Market Revenue, By End User, 2020 – 2030 (USD Billion)
TABLE 88 India Probiotics Market Revenue, By Distribution Channel, 2020 – 2030 (USD Billion)
TABLE 89 South Korea Probiotics Market Revenue, By Form, 2020 – 2030 (USD Billion)
TABLE 90 South Korea Probiotics Market Revenue, By Ingredient, 2020 – 2030 (USD Billion)
TABLE 91 South Korea Probiotics Market Revenue, By Application, 2020 – 2030 (USD Billion)
TABLE 92 South Korea Probiotics Market Revenue, By End User, 2020 – 2030 (USD Billion)
TABLE 93 South Korea Probiotics Market Revenue, By Distribution Channel, 2020 – 2030 (USD Billion)
TABLE 94 Rest of Asia-Pacific Probiotics Market Revenue, By Form, 2020 – 2030 (USD Billion)
TABLE 95 Rest of Asia-Pacific Probiotics Market Revenue, By Ingredient, 2020 – 2030 (USD Billion)
TABLE 96 Rest of Asia-Pacific Probiotics Market Revenue, By Application, 2020 – 2030 (USD Billion)
TABLE 97 Rest of Asia-Pacific Probiotics Market Revenue, By End User, 2020 – 2030 (USD Billion)
TABLE 98 Rest of Asia-Pacific Probiotics Market Revenue, By Distribution Channel, 2020 – 2030 (USD Billion)
TABLE 99 Middle East and Africa Probiotics Market Revenue, By Country, 2020 – 2030 (USD Billion)
TABLE 100 Middle East and Africa Probiotics Market Revenue, By Form, 2020 – 2030 (USD Billion)
TABLE 101 Middle East and Africa Probiotics Market Revenue, By Ingredient, 2020 – 2030 (USD Billion)
TABLE 102 Middle East and Africa Probiotics Market Revenue, By Application, 2020 – 2030 (USD Billion)
TABLE 103 Middle East and Africa Probiotics Market Revenue, By End User, 2020 – 2030 (USD Billion)
TABLE 104 Middle East and Africa Probiotics Market Revenue, By Distribution Channel, 2020 – 2030 (USD Billion)
TABLE 105 GCC Probiotics Market Revenue, By Form, 2020 – 2030 (USD Billion)
TABLE 106 GCC Probiotics Market Revenue, By Ingredient, 2020 – 2030 (USD Billion)
TABLE 107 GCC Probiotics Market Revenue, By Application, 2020 – 2030 (USD Billion)
TABLE 108 GCC Probiotics Market Revenue, By End User, 2020 – 2030 (USD Billion)
TABLE 109 GCC Probiotics Market Revenue, By Distribution Channel, 2020 – 2030 (USD Billion)
TABLE 110 North Africa Probiotics Market Revenue, By Form, 2020 – 2030 (USD Billion)
TABLE 111 North Africa Probiotics Market Revenue, By Ingredient, 2020 – 2030 (USD Billion)
TABLE 112 North Africa Probiotics Market Revenue, By Application, 2020 – 2030 (USD Billion)
TABLE 113 North Africa Probiotics Market Revenue, By End User, 2020 – 2030 (USD Billion)
TABLE 114 North Africa Probiotics Market Revenue, By Distribution Channel, 2020 – 2030 (USD Billion)
TABLE 115 South Africa Probiotics Market Revenue, By Form, 2020 – 2030 (USD Billion)
TABLE 116 South Africa Probiotics Market Revenue, By Ingredient, 2020 – 2030 (USD Billion)
TABLE 117 South Africa Probiotics Market Revenue, By Application, 2020 – 2030 (USD Billion)
TABLE 118 South Africa Probiotics Market Revenue, By End User, 2020 – 2030 (USD Billion)
TABLE 119 South Africa Probiotics Market Revenue, By Distribution Channel, 2020 – 2030 (USD Billion)
TABLE 120 Rest of Middle East & Africa Probiotics Market Revenue, By Form, 2020 – 2030 (USD Billion)
TABLE 121 Rest of Middle East & Africa Probiotics Market Revenue, By Ingredient, 2020 – 2030 (USD Billion)
TABLE 122 Rest of Middle East & Africa Probiotics Market Revenue, By Application, 2020 – 2030 (USD Billion)
TABLE 123 Rest of Middle East & Africa Probiotics Market Revenue, By End User, 2020 – 2030 (USD Billion)
TABLE 124 Rest of Middle East & Africa Probiotics Market Revenue, By Distribution Channel, 2020 – 2030 (USD Billion)
TABLE 125 Latin America Probiotics Market Revenue, By Country, 2020 – 2030 (USD Billion)
TABLE 126 Latin America Probiotics Market Revenue, By Form, 2020 – 2030 (USD Billion)
TABLE 127 Latin America Probiotics Market Revenue, By Ingredient, 2020 – 2030 (USD Billion)
TABLE 128 Latin America Probiotics Market Revenue, By Application, 2020 – 2030 (USD Billion)
TABLE 129 Latin America Probiotics Market Revenue, By End User, 2020 – 2030 (USD Billion)
TABLE 130 Latin America Probiotics Market Revenue, By Distribution Channel, 2020 – 2030 (USD Billion)
TABLE 131 Brazil Probiotics Market Revenue, By Form, 2020 – 2030 (USD Billion)
TABLE 132 Brazil Probiotics Market Revenue, By Ingredient, 2020 – 2030 (USD Billion)
TABLE 133 Brazil Probiotics Market Revenue, By Application, 2020 – 2030 (USD Billion)
TABLE 134 Brazil Probiotics Market Revenue, By End User, 2020 – 2030 (USD Billion)
TABLE 135 Brazil Probiotics Market Revenue, By Distribution Channel, 2020 – 2030 (USD Billion)
TABLE 136 Argentina Probiotics Market Revenue, By Form, 2020 – 2030 (USD Billion)
TABLE 137 Argentina Probiotics Market Revenue, By Ingredient, 2020 – 2030 (USD Billion)
TABLE 138 Argentina Probiotics Market Revenue, By Application, 2020 – 2030 (USD Billion)
TABLE 139 Argentina Probiotics Market Revenue, By End User, 2020 – 2030 (USD Billion)
TABLE 140 Argentina Probiotics Market Revenue, By Distribution Channel, 2020 – 2030 (USD Billion)
TABLE 141 Rest of Latin America Probiotics Market Revenue, By Form, 2020 – 2030 (USD Billion)
TABLE 142 Rest of Latin America Probiotics Market Revenue, By Ingredient, 2020 – 2030 (USD Billion)
TABLE 143 Rest of Latin America Probiotics Market Revenue, By Application, 2020 – 2030 (USD Billion)
TABLE 144 Rest of Latin America Probiotics Market Revenue, By End User, 2020 – 2030 (USD Billion)
TABLE 145 Rest of Latin America Probiotics Market Revenue, By Distribution Channel, 2020 – 2030 (USD Billion)
TABLE 146 Company Market Ranking
TABLE 147 Regional Footprint
TABLE 148 Product Benchmarking
TABLE 149 Recent Developments
TABLE 150 Winning Imperatives

LIST OF FIGURES

FIG. 1 Market Segmentation
FIG. 2 Research Timeline
FIG. 3 Global Probiotics Market 2020-2030 (USD Billion)
FIG. 4 Global Probiotics Market Geographical Analysis (CAGR %)
FIG. 5 Global Probiotics Absolute Market Opportunity (USD Billion)
FIG. 6 Global Probiotics Market Attractiveness (USD Billion)
FIG. 7 Global Probiotics Market, By Form, 2020-2030 (USD Billion)
FIG. 8 Global Probiotics Market, By Ingredient, 2020-2030 (USD Billion)
FIG. 9 Global Probiotics Market, By Application, 2020-2030 (USD Billion)
FIG. 10 Global Probiotics Market, By End User, 2020-2030 (USD Billion)
FIG. 11 Global Probiotics Market, By Distribution Channel, 2020-2030 (USD Billion)
FIG. 12 Research Methodology
FIG. 13 Research Process
FIG. 14 Bottom-Up Approach
FIG. 15 Top-Bottom Approach
FIG. 16 Market Dynamics Overview
FIG. 17 Porter's Five Forces Analysis
FIG. 18 Value Chain Analysis
FIG. 19 Macroeconomic Analysis
FIG. 20 Global Probiotics Market Revenue Share, By Form, 2020 and 2030 (%)
FIG. 21 Global Probiotics Market Revenue Share, By Ingredient, 2020 and 2030 (%)
FIG. 22 Global Probiotics Market Revenue Share, By Application, 2020 and 2030 (%)
FIG. 23 Global Probiotics Market Revenue Share, By End User, 2020 and 2030 (%)
FIG. 24 Global Probiotics Market Revenue Share, By Distribution Channel, 2020 and 2030 (%)
FIG. 25 Global Probiotics Market Revenue Share, By Geographic Regions, 2020 and 2030 (%)
FIG. 26 Market Size and Projections, 2020 - 2030 (USD Billion)
FIG. 27 North America Probiotics Market Overview Share, By Countries, 2020 – 2030 (%)
FIG. 28 Market Size and Projections, 2020 - 2030 (USD Billion)
FIG. 29 Europe Probiotics Market Overview Share, By Countries, 2020 – 2030 (%)
FIG. 30 Market Size and Projections, 2020 - 2030 (USD Billion)
FIG. 31 Asia-Pacific Probiotics Market Overview Share, By Countries, 2020 – 2030 (%)
FIG. 32 Market Size and Projections, 2020 - 2030 (USD Billion)
FIG. 33 Middle East & Africa Probiotics Market Overview Share, By Countries, 2020 – 2030 (%)
FIG. 34 Market Size and Projections, 2020 - 2030 (USD Billion)
FIG. 35 Latin America Probiotics Market Overview Share, By Countries, 2020 – 2030 (%)
FIG. 36 Key Strategic Development
FIG. 37 Key Facts
FIG. 38 Financial Overview
FIG. 39 SWOT Analysis

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  • Check Icon Regional Market Dynamics
  • Check Icon Country-Level Trend Analysis
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  • Check Icon Extended Forecast Years
  • Check Icon Historical Data Up to 5 Years
Frequently Asked Questions (FAQ's)
The global probiotics market is projected to reach 126.34 USD billion by 2030, growing at a CAGR of 8.40% from 2023 to 2030.
The global probiotics market was valued at USD 72.45 billion in 2022.
The major driving factor for the market growth is the increased awareness about the health benefits of probiotics, along with the rise in demand for the non-pharmaceutical solutions drives the market growth.
Top manufacturers of probiotics market are Yakult Honsha Co., Ltd, Nestlé, DuPont, Protexin, Danone, Deerland Probiotics and Enzymes, Inc, Goerlich Pharma GmbH, SANZYME BIOLOGICS PVT. LTD, MORINAGA & CO., LTD, and DSM, among others.
Europe is the fastest growing region in the forecasted period (2023-2030).
By ingredient segment, bacteria segment will hold the maximum share in the probiotics market in the forecast period.
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