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Probiotics Market is Anticipated to Grow US$ 120.25 Bn By 2030

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The global Probiotics market size is expected to reach USD 120.25 billion by 2030, registering a CAGR of 10.2% over the forecast period 2021 – 2030.

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Growth Factors

Increasing prominence of preventive healthcare is among the major driving factors propelling the demand for probiotics across the globe. The considerable production and consumption of probiotics are complemented by innovations in probiotics by key players, most notably in countries such as China, Japan, and India.

Following the growing demand for probiotics, key market participants have been investing in R&D activities to develop efficient probiotic strains. The probiotics industry has also witnessed advancements in delivery systems to enhance the delivery of probiotics in humans and animals Such developments are expected to emerge as a trend in the industry over the forecast period. In developed countries such as the U.S., probiotics are sold mainly in the form of dietary supplements. The demand for probiotic nutritional supplements has been spurred by the growing aging population and increased consumer interest in preventive healthcare. 

Report Highlights

The probiotic food & beverages segment led the global market in 2020 with a revenue share of more than 89% in 2020. On the basis of product, the market is segmented into probiotic food & beverages, probiotic dietary supplements, and animal feed probiotics.

The bacteria segment led the global market in 2020 with a revenue share of more than 94%. By ingredient, the market is bifurcated into bacteria and yeast. The bacteria segment is further divided into lactobacilli, Bifidobacterium, streptococcus, and others, while yeast is classified intoSaccharomyces Boulardii, and others.

The hypermarket/supermarket segment led the global market in 2020 with a revenue share of more than 41%. On the basis of distribution channel, the market has been broadly classified into four categories, namely, hypermarkets/supermarkets, pharmacies/drugstores, specialty stores, and online stores. Supermarkets/hypermarkets are a popular channel for the purchase of protein-based supplement products due to the convenience of shopping and the availability of multiple brands.

The human probiotics segment led the global market in 2020 with a revenue share of more than 101%.On the basis of end use, the market has been broadly classified into human and animal probiotics. Technological advancements with respect to human-grade probiotics have broadened the scope of the products fit for human consumption. This is in reaction to the integration of novel food-grade ingredients in juices and other non-milk-based applications by prominent market players.

Asia Pacific led the global market with a revenue share of over 51.9% in 2020. The region is witnessing a substantial rise in consumer awareness due to competitive strategies adopted by the global players. Strong demand from countries, such as India, China as well as Australia, is contributing to the overall growth. The rising population coupled with the rising disposable income and standards of living is also expected to cater to the regional market growth

Key Players

  • 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.
  • Mother Dairy Fruit & Vegetable Pvt. Ltd.
  • Kerry
  • Nestle S.A.
  • Probi
  • Yakult Honsha Co., Ltd.
Report Coverage Details
Market Size US$ 120.25 billion by 2030
Growth Rate CAGR of 10.2% From 2021 to 2030
Base Year 2020
Historic Data 2017 to 2020
Forecast Period 2021 to 2030
Segments Covered Product, Ingredient, End use, Distribution Channel,
Regional Scope North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Companies Mentioned 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.; Mother Dairy Fruit & Vegetable Pvt. Ltd.; Kerry; Nestle S.A.; Probi; Yakult Honsha Co., Ltd.

Market Segmentation

  • Product
    • Probiotic Food & Beverages
      • Dairy
      • Non-dairy
      • Cereals
      • Baked Food
      • Fermented Meat
      • Dry Food
    • Probiotic Dietary Supplements
      • Food Supplements
      • Nutritional Supplements
      • Specialty Nutrients
      • Infant Formula
    • Animal Feed Probiotics
  • Ingredient
    • Bacteria
    • Yeast
  • End-use
    • Human Probiotics
    • Animal Probiotics
  • Distribution Channel
    • Hypermarkets/Supermarkets
    • Pharmacies/Drug stores
    • Specialty Stores
    • Online Stores
  • Regional
    • North America
      • U.S.
      • Canada
      • Mexico
    • Europe
      • Germany
      • U.K.
      • France
    • Asia Pacific
      • China
      • Japan
      • India
    • Central & South America
      • Brazil
    • Middle East & Africa
      • Saudi Arabia

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Reasons to Purchase this Report:

– Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects
– Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
– Market value USD Million and volume Units Million data for each segment and sub-segment
– Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
– Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players

Table of Contents

Chapter 1.  Introduction

1.1.  Research Objective

1.2.  Scope of the Study

1.3.  Definition

Chapter 2.  Research Methodology

2.1.  Research Approach

2.2.  Data Sources

2.3.  Assumptions & Limitations

Chapter 3.  Executive Summary

3.1.  Market Snapshot

Chapter 4.  Market Variables and Scope

4.1.  Introduction

4.2.  Market Classification and Scope

4.3.  Industry Value Chain Analysis

4.3.1.    Raw Material Procurement Analysis

4.3.2.    Sales and Distribution Channel Analysis

4.3.3.    Downstream Buyer Analysis

Chapter 5.  Market Dynamics Analysis and Trends

5.1.  Market Dynamics

5.1.1.    Market Drivers

5.1.2.    Market Restraints

5.1.3.    Market Opportunities

5.2.  Porter’s Five Forces Analysis

5.2.1.    Bargaining power of suppliers

5.2.2.    Bargaining power of buyers

5.2.3.    Threat of substitute

5.2.4.    Threat of new entrants

5.2.5.    Degree of competition

Chapter 6.  Competitive Landscape

6.1.1.    Company Market Share/Positioning Analysis

6.1.2.    Key Strategies Adopted by Players

6.1.3.    Vendor Landscape

6.1.3.1.        List of Suppliers

6.1.3.2.        List of Buyers

Chapter 7.  Global Probiotics Market, By Product

7.1.  Probiotics Market, by Product, 2020-2030

7.1.1.    Probiotic Food & Beverages

7.1.1.1.        Market Revenue and Forecast (2017-2030)

7.1.2.    Probiotic Dietary Supplements

7.1.2.1.        Market Revenue and Forecast (2017-2030)

7.1.3.    Animal Feed Probiotics

7.1.3.1.        Market Revenue and Forecast (2017-2030)

Chapter 8.  Global Probiotics Market, By Ingredient

8.1.  Probiotics Market, by Ingredient, 2020-2030

8.1.1.    Bacteria

8.1.1.1.        Market Revenue and Forecast (2017-2030)

8.1.2.    Yeast

8.1.2.1.        Market Revenue and Forecast (2017-2030)

Chapter 9.  Global Probiotics Market, By End User

9.1.  Probiotics Market, by End User, 2020-2030

9.1.1.    Human Probiotics

9.1.1.1.        Market Revenue and Forecast (2017-2030)

9.1.2.    Animal Probiotics

9.1.2.1.        Market Revenue and Forecast (2017-2030)

Chapter 10.      Global Probiotics Market, By Distribution Channel

10.1.        Probiotics Market, by Distribution Channel, 2020-2030

10.1.1.  Hypermarkets/Supermarkets

10.1.1.1.      Market Revenue and Forecast (2017-2030)

10.1.2.  Pharmacies/Drug stores

10.1.2.1.      Market Revenue and Forecast (2017-2030)

10.1.3.  Specialty Stores

10.1.3.1.      Market Revenue and Forecast (2017-2030)

10.1.4.  Online Stores

10.1.4.1.      Market Revenue and Forecast (2017-2030)

Chapter 11.      Global Probiotics Market, Regional Estimates and Trend Forecast

11.1.        North America

11.1.1.  Market Revenue and Forecast, by Product (2017-2030)

11.1.2.  Market Revenue and Forecast, by Ingredient (2017-2030)

11.1.3.  Market Revenue and Forecast, by End User (2017-2030)

11.1.4.  Market Revenue and Forecast, by Distribution Channel (2017-2030)

11.1.5.  U.S.

11.1.5.1.      Market Revenue and Forecast, by Product (2017-2030)

11.1.5.2.      Market Revenue and Forecast, by Ingredient (2017-2030)

11.1.5.3.      Market Revenue and Forecast, by End User (2017-2030)

11.1.5.4.      Market Revenue and Forecast, by Distribution Channel (2017-2030)

11.1.6.  Rest of North America

11.1.6.1.      Market Revenue and Forecast, by Product (2017-2030)

11.1.6.2.      Market Revenue and Forecast, by Ingredient (2017-2030)

11.1.6.3.      Market Revenue and Forecast, by End User (2017-2030)

11.1.6.4.      Market Revenue and Forecast, by Distribution Channel (2017-2030)

11.2.        Europe

11.2.1.  Market Revenue and Forecast, by Product (2017-2030)

11.2.2.  Market Revenue and Forecast, by Ingredient (2017-2030)

11.2.3.  Market Revenue and Forecast, by End User (2017-2030)

11.2.4.  Market Revenue and Forecast, by Distribution Channel (2017-2030)

11.2.5.  UK

11.2.5.1.      Market Revenue and Forecast, by Product (2017-2030)

11.2.5.2.      Market Revenue and Forecast, by Ingredient (2017-2030)

11.2.5.3.      Market Revenue and Forecast, by End User (2017-2030)

11.2.5.4.      Market Revenue and Forecast, by Distribution Channel (2017-2030)

11.2.6.  Germany

11.2.6.1.      Market Revenue and Forecast, by Product (2017-2030)

11.2.6.2.      Market Revenue and Forecast, by Ingredient (2017-2030)

11.2.6.3.      Market Revenue and Forecast, by End User (2017-2030)

11.2.6.4.      Market Revenue and Forecast, by Distribution Channel (2017-2030)

11.2.7.  France

11.2.7.1.      Market Revenue and Forecast, by Product (2017-2030)

11.2.7.2.      Market Revenue and Forecast, by Ingredient (2017-2030)

11.2.7.3.      Market Revenue and Forecast, by End User (2017-2030)

11.2.7.4.      Market Revenue and Forecast, by Distribution Channel (2017-2030)

11.2.8.  Rest of Europe

11.2.8.1.      Market Revenue and Forecast, by Product (2017-2030)

11.2.8.2.      Market Revenue and Forecast, by Ingredient (2017-2030)

11.2.8.3.      Market Revenue and Forecast, by End User (2017-2030)

11.2.8.4.      Market Revenue and Forecast, by Distribution Channel (2017-2030)

11.3.        APAC

11.3.1.  Market Revenue and Forecast, by Product (2017-2030)

11.3.2.  Market Revenue and Forecast, by Ingredient (2017-2030)

11.3.3.  Market Revenue and Forecast, by End User (2017-2030)

11.3.4.  Market Revenue and Forecast, by Distribution Channel (2017-2030)

11.3.5.  India

11.3.5.1.      Market Revenue and Forecast, by Product (2017-2030)

11.3.5.2.      Market Revenue and Forecast, by Ingredient (2017-2030)

11.3.5.3.      Market Revenue and Forecast, by End User (2017-2030)

11.3.5.4.      Market Revenue and Forecast, by Distribution Channel (2017-2030)

11.3.6.  China

11.3.6.1.      Market Revenue and Forecast, by Product (2017-2030)

11.3.6.2.      Market Revenue and Forecast, by Ingredient (2017-2030)

11.3.6.3.      Market Revenue and Forecast, by End User (2017-2030)

11.3.6.4.      Market Revenue and Forecast, by Distribution Channel (2017-2030)

11.3.7.  Japan

11.3.7.1.      Market Revenue and Forecast, by Product (2017-2030)

11.3.7.2.      Market Revenue and Forecast, by Ingredient (2017-2030)

11.3.7.3.      Market Revenue and Forecast, by End User (2017-2030)

11.3.7.4.      Market Revenue and Forecast, by Distribution Channel (2017-2030)

11.3.8.  Rest of APAC

11.3.8.1.      Market Revenue and Forecast, by Product (2017-2030)

11.3.8.2.      Market Revenue and Forecast, by Ingredient (2017-2030)

11.3.8.3.      Market Revenue and Forecast, by End User (2017-2030)

11.3.8.4.      Market Revenue and Forecast, by Distribution Channel (2017-2030)

11.4.        MEA

11.4.1.  Market Revenue and Forecast, by Product (2017-2030)

11.4.2.  Market Revenue and Forecast, by Ingredient (2017-2030)

11.4.3.  Market Revenue and Forecast, by End User (2017-2030)

11.4.4.  Market Revenue and Forecast, by Distribution Channel (2017-2030)

11.4.5.  GCC

11.4.5.1.      Market Revenue and Forecast, by Product (2017-2030)

11.4.5.2.      Market Revenue and Forecast, by Ingredient (2017-2030)

11.4.5.3.      Market Revenue and Forecast, by End User (2017-2030)

11.4.5.4.      Market Revenue and Forecast, by Distribution Channel (2017-2030)

11.4.6.  North Africa

11.4.6.1.      Market Revenue and Forecast, by Product (2017-2030)

11.4.6.2.      Market Revenue and Forecast, by Ingredient (2017-2030)

11.4.6.3.      Market Revenue and Forecast, by End User (2017-2030)

11.4.6.4.      Market Revenue and Forecast, by Distribution Channel (2017-2030)

11.4.7.  South Africa

11.4.7.1.      Market Revenue and Forecast, by Product (2017-2030)

11.4.7.2.      Market Revenue and Forecast, by Ingredient (2017-2030)

11.4.7.3.      Market Revenue and Forecast, by End User (2017-2030)

11.4.7.4.      Market Revenue and Forecast, by Distribution Channel (2017-2030)

11.4.8.  Rest of MEA

11.4.8.1.      Market Revenue and Forecast, by Product (2017-2030)

11.4.8.2.      Market Revenue and Forecast, by Ingredient (2017-2030)

11.4.8.3.      Market Revenue and Forecast, by End User (2017-2030)

11.4.8.4.      Market Revenue and Forecast, by Distribution Channel (2017-2030)

11.5.        Latin America

11.5.1.  Market Revenue and Forecast, by Product (2017-2030)

11.5.2.  Market Revenue and Forecast, by Ingredient (2017-2030)

11.5.3.  Market Revenue and Forecast, by End User (2017-2030)

11.5.4.  Market Revenue and Forecast, by Distribution Channel (2017-2030)

11.5.5.  Brazil

11.5.5.1.      Market Revenue and Forecast, by Product (2017-2030)

11.5.5.2.      Market Revenue and Forecast, by Ingredient (2017-2030)

11.5.5.3.      Market Revenue and Forecast, by End User (2017-2030)

11.5.5.4.      Market Revenue and Forecast, by Distribution Channel (2017-2030)

11.5.6.  Rest of LATAM

11.5.6.1.      Market Revenue and Forecast, by Product (2017-2030)

11.5.6.2.      Market Revenue and Forecast, by Ingredient (2017-2030)

11.5.6.3.      Market Revenue and Forecast, by End User (2017-2030)

11.5.6.4.      Market Revenue and Forecast, by Distribution Channel (2017-2030)

Chapter 12.  Company Profiles

12.1.              Arla Foods, Inc.

12.1.1.  Company Overview

12.1.2.  Product Offerings

12.1.3.  Financial Performance

12.1.4.  Recent Initiatives

12.2.              BioGaia AB

12.2.1.  Company Overview

12.2.2.  Product Offerings

12.2.3.  Financial Performance

12.2.4.  Recent Initiatives

12.3.              Chr. Hansen Holding A/S

12.3.1.  Company Overview

12.3.2.  Product Offerings

12.3.3.  Financial Performance

12.3.4.  Recent Initiatives

12.4.              Danone

12.4.1.  Company Overview

12.4.2.  Product Offerings

12.4.3.  Financial Performance

12.4.4.  Recent Initiatives

12.5.              Danisco A/S

12.5.1.  Company Overview

12.5.2.  Product Offerings

12.5.3.  Financial Performance

12.5.4.  Recent Initiatives

12.6.              General Mills, Inc.

12.6.1.  Company Overview

12.6.2.  Product Offerings

12.6.3.  Financial Performance

12.6.4.  Recent Initiatives

12.7.              i-Health, Inc.

12.7.1.  Company Overview

12.7.2.  Product Offerings

12.7.3.  Financial Performance

12.7.4.  Recent Initiatives

12.8.              Lallemand, Inc.

12.8.1.  Company Overview

12.8.2.  Product Offerings

12.8.3.  Financial Performance

12.8.4.  Recent Initiatives

12.9.              Lifeway Foods, Inc.

12.9.1.  Company Overview

12.9.2.  Product Offerings

12.9.3.  Financial Performance

12.9.4.  Recent Initiatives

12.10.           Mother Dairy Fruit & Vegetable Pvt. Ltd.

12.10.1.               Company Overview

12.10.2.               Product Offerings

12.10.3.               Financial Performance

12.10.4.               Recent Initiatives

12.11.           Kerry

12.11.1.               Company Overview

12.11.2.               Product Offerings

12.11.3.               Financial Performance

12.11.4.               Recent Initiatives

12.12.           Nestle S.A.

12.12.1.               Company Overview

12.12.2.               Product Offerings

12.12.3.               Financial Performance

12.12.4.               Recent Initiatives

12.13.           Probi

12.13.1.               Company Overview

12.13.2.               Product Offerings

12.13.3.               Financial Performance

12.13.4.               Recent Initiatives

12.14.           Yakult Honsha Co., Ltd.

12.14.1.               Company Overview

12.14.2.               Product Offerings

12.14.3.               Financial Performance

12.14.4.               Recent Initiatives

Chapter 13.  Research Methodology

13.1.              Primary Research

13.2.              Secondary Research

13.3.              Assumptions

Chapter 14.  Appendix

14.1.              About Us

Glossary of Terms

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