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Food Probiotics Market Size, Share, Industry, Forecast and outlook (2024-2031)

Published: September 2024 || SKU: FB193
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Global Food Probiotics Market is segmented 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), and By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) – Share, Size, Outlook, and Opportunity Analysis, 2024-2031

 

Food Probiotics Market Size

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. Probiotics are live microorganisms that have health benefits when consumed. Probiotics, which are usually called beneficial bacteria, provide all sorts of powerful benefits for thebody and brain.

They may improve digestive health, reduce depression and promote heart health. Food like yogurt, sauerkraut, miso soup, soft cheese, kefir, sourdough bread, acidophilus milk, sour pickles, tempeh, and capsule supplements contains a large number of probiotics that are beneficial for the human body.

The increasing consumer interest in functional foods that provide health benefits beyond basic nutrition is one of the key market trends in the food probiotics market. Probiotics are no longer limited to traditional dairy products. Food manufacturers are exploring innovative ways to introduce probiotics into various food and beverage categories, including snacks, cereals, confectionery, and even baby food. For instance, the Probiotics Education Programme (PEP) was launched by the Nutrition Society of Malaysia (NSM) to better teach customers about the product's health advantages.

 

Market Summary

Metrics

Details

CAGR

6.5%

Size Available for Years

2022-2031

Forecast Period

2024-2031

Data Availability

Value (US$) 

Segments Covered

Source, Application, End-User, and Region

Regions Covered

North America, Europe, Asia-Pacific, South America, and Middle East & Africa

Fastest Growing Region

North America

Largest Region

Asia-Pacific

Report Insights Covered

Competitive Landscape Analysis, Company Profile Analysis, Market Size, Share, Growth, Demand, Recent Developments, Mergers and Acquisitions, New Product Launches, Growth Strategies, Revenue Analysis, Porter’s Analysis, Pricing Analysis, Regulatory Analysis, Supply-Chain Analysis, and Other key Insights.

 

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Market Dynamics

Probiotics are Increasingly Being Used in Place of Pharmaceuticals as a Response to Rising Demand

Antibiotics can disrupt the natural balance of gut bacteria, leading to side effects such as diarrhea. Probiotics, particularly strains like Lactobacillus rhamnosus GG and Saccharomyces boulardii, have been studied for their potential to prevent or alleviate Antibiotic-Associated Diarrhea (AAD). A systematic review and meta-analysis published in The Journal of the American Medical Association (JAMA) found that probiotics reduced the risk of AAD by 42%.

Probiotics have gained attention for their potential in managing pediatric gastrointestinal infections. A study published in Pediatrics, the official journal of the American Academy of Pediatrics, showed that probiotics reduced the duration of acute infectious diarrhea in children by approximately 24 hours compared to a placebo.

Growing Demand for Functional Foods is Driving the Food Probiotics Market

Digestive issues, such as bloating, indigestion, and irregular bowel movements, are common problems faced by many individuals. Probiotics are believed to support digestive health by restoring the balance of beneficial bacteria in the gut. This has led to increased interest in probiotic-rich functional foods as a natural and convenient way to address digestive concerns.

Consumer preferences are significantly shifting in favor of health and wellness, and people are actively looking for goods that provide advantages over and above simple nutrition. Probiotic-containing functional foods are becoming more and more well-liked as people seek out dietary strategies to enhance their health. 

Contagiousness Hazard Can Hamper the Food Probiotics Market

Consumers may be hesitant to consume probiotic products if they have concerns about the potential contamination of the product with harmful bacteria or pathogens. This perception of risk can deter individuals from purchasing and consuming probiotic-rich foods. For instance, according to the National Institute of Health, the contamination risks of probiotic includes fungemia and bacteremia. 

Food safety regulations and standards are in place to protect consumers from potential hazards associated with food products. Compliance with these regulations is crucial for probiotic manufacturers to ensure the safety and quality of their products. Any breaches or failures to meet safety standards can undermine consumer confidence in probiotic foods and impact market growth.

Market Segment Analysis

The global food probiotics market is segmented based on source, application, end-user, and region.

In the Global Food Probiotics Market, the Functional Food and Beverages Segment Held the Largest Market Share

Functional foods and beverages provide a convenient and familiar way for consumers to incorporate probiotics into their daily routines. They are often seen as a more practical and enjoyable option compared to supplements or other delivery formats. This preference drives the demand for probiotics in functional food and beverage products. For instance, according to the International Food Information Council (IFIC), functional foods are “foods or food components that may provide benefits beyond basic nutrition”.

The functional food and beverages segment offers a diverse range of product categories, including yogurt, fermented drinks, snacks, and even fortified juices. This wide variety of options allows consumers to choose probiotic-rich products that align with their taste preferences and dietary habits. 

Market Geographical Share

The Asia Pacific Region Held the Largest Share of the Food Probiotics Market

The Asia Pacific region has a long history of consuming fermented foods that naturally contain probiotics. Traditional fermented foods such as yogurt, kimchi, tempeh, miso, and kefir have been staples in Asian diets for centuries. This cultural familiarity and consumption of probiotic-rich foods contribute to the region's larger market share. 

The Asia Pacific region has witnessed a shift in dietary preferences, with consumers adopting more Westernized eating patterns. This shift has led to an increased demand for convenient and functional foods, including those containing probiotics, as consumers seek to balance convenience with health-conscious choices.

Food Probiotics Market Companies

The major global players in the market include 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.

COVID-19 Impact on Food Probiotics Market

Global Recession/Ukraine-Russia War/COVID-19, and Artificial Intelligence Impact Analysis:

Covid-19 Impact:

The pandemic has heightened consumer awareness of the importance of a strong immune system. Probiotics, known for their potential immune-boosting properties, have gained increased attention during this time. Consumers have shown a growing interest in foods and beverages that can support immune health, which has positively impacted the demand for probiotic products.

The food and beverage industry, including the probiotics sector, has experienced disruptions in the supply chain due to the pandemic. Restrictions on transportation, lockdown measures, and workforce limitations have affected the sourcing of raw materials and the manufacturing and distribution of probiotic products, leading to supply chain challenges.

Key Developments

  • In May 2022, DSM and Firmenich announced that they entered into a business combination agreement to establish the leading creation and innovation partner in nutrition, beauty, and well-being. The combination will bring together Firmenich's unique leading Perfumery and Taste businesses, its world-class science platforms, and associated co-creation capabilities with DSM's outstanding Health and Nutrition portfolio and renowned scientific expertise. The new company will have four high-performing and complementary businesses, each with leading positions and underpinned by world-class science.
  • In April 2023, NextFoods, a pioneer in the functional food and beverage industry since 2006, announced the merger of all-natural sports nutrition leader Cheribundi and gut health innovator GoodBelly.
  • In September 2022, Nestlé Health Science, one of the world’s leading nutrition, health, and wellness companies, launched two new probiotics targeting kids’ growth and immune health in China’s offline retail market. 

Why Purchase the Report?

  • To visualize the global food probiotics market segmentation based on source, application, end-user, and region, as well as understand key commercial assets and players.
  • Identify commercial opportunities in the market by analyzing trends and co-development. 
  • Excel data sheet with numerous data points of food probiotics market-level with all segments.
  • The PDF report consists of cogently put-together market analysis after exhaustive qualitative interviews and in-depth market study. 
  • Product mapping is available as Excel consists of key products of all the major market players.

The global food probiotics market report would provide approximately 61 tables, 56 figures and 190 Pages.

Target Audience 2024

  • Manufacturers/ Buyers
  • Industry Investors/Investment Bankers
  • Research Professionals
  • Emerging Companies
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FAQ’s

  • Global Food Probiotics Market reached USD 60.5 billion in 2022 and is expected to reach USD 100.1 billion by 2031

  • Key players in are 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.
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