Symbiotic Products Market Size, Share, Industry, Forecast and outlook (2024-2031)

Global Symbiotic Products Market is Segmented By Product Type (Functional Food & Beverages, Dietary Supplements, Others), By Form (Powder, Liquid, Capsule), By Distribution Channel (Supermarkets/Hypermarkets, Convenience Stores, Online Stores, Others), and By Region (North America, Europe, South America, Asia Pacific, Middle East, and Africa) – Share, Size, Outlook, and Opportunity Analysis, 2024-2031

Symbiotic Products Market Overview

Symbiotic products market is forecasted to reach at a CAGR of 7.4% during the forecast period (2024-2031).

Symbiotic products are the combination of prebiotic and probiotic products which provide the survival and the implantation of the live microorganism dietary supplements in the gut. It is helpful to balance gut bacteria and benefits gut health, metabolism, and immune system. It is also helpful as a supplement to the body. The growing trend of fortifying functional food and beverages with prebiotics and probiotic ingredients to enhance nutritional content and product offerings will open new avenues for the market in the coming years. In addition, apart from the food and beverage sector, the growing demand for synbiotic products from dietary supplements and animal feed sectors is helping to grow the market.

Symbiotic Products Market Scope

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Symbiotic Products Market Dynamics and Trends

Growing application of functional food supplements to enhance immunity

The increasing need to consume healthy food products and supplements to stay fit and to avoid diseases, and the shifting consumer awareness toward nutritional supplements is expected to drive the demand for symbiotic products. Also, changing lifestyles and eating habits create more demand for symbiotic products. Increasing fortification of functional food is anticipated to impact the market's growth positively. Symbiotic products help to reduce gut inflammation and help relieve symptoms in people with inflammatory bowel disease. Symbiotic products help to reduce diarrhea caused due to eating or drinking contaminated food and water. It is also helpful in lactose intolerance to avoid symptoms like bloating, diarrhea, stomach pain, and gas after eating or drinking dairy products because they are not properly digested. Symbiotic products also help to improve immune function and are helpful for obesity and hyperglycemia. The growing trend of fortifying functional food and beverages with prebiotics and probiotic ingredients to enhance nutritional content and product offerings will open new avenues for the market in the coming years. An increasing number of health-conscious consumers is expected to support the growth of dietary supplements in the coming years. The growing demand for synbiotic products from dietary supplements and animal feed sectors is further growing the global market. The growing trend of fortifying functional food and beverages with prebiotics and probiotic ingredients to enhance nutritional content and product offerings will open new avenues for the market in the coming years. For instance, in February 2020, Asmara, a Singapore brand owned by F&B consultancy company NU3x, launched six functional powders containing synbiotics.

Symbiotic Products Market Segmentation Analysis

Dietary supplement segment accounted for the highest share in global symbiotic products market

In 2021, Dietary supplement had the highest revenue share of over XX percent. Synbiotic dilatory supplements contain both prebiotic and probiotic ingredients, with potential immunomodulation and gastrointestinal flora-restoring activity. Dietary supplements are substances that add nutrients to the diet or lower the risk of health problems such as osteoporosis or arthritis. Dietary supplements include pills, capsules, powders, gel capsules and tablets, extracts, or liquids. Synbiotic products are a rich source of vitamins, minerals, fiber, amino acids, herbs or other plants, or enzymes. Sometimes, the ingredients in dietary supplements are added to foods and drinks. They help to improve the functions of the intestinal barrier.

Functional food and beverage also create high revenue in the forecast period. Growing awareness among consumers regarding the associated benefits of fortified functional food and beverages for the enhancement of gut health is the major factor responsible for market growth. Also, increasing the application of fortified food and beverages to improve immunity, cardiovascular health, and cognitive health is expected to provide growth opportunities for the segment over the forecast period. An increasing number of health-conscious consumers is expected to support the segment growth.

Symbiotic Products Market Geographical Share

Europe is the dominating region during the forecast period

In 2021, Europe had the highest revenue share of almost XX percent. Europe accounted for the highest share, followed by North America and Asia-Pacific. Increasing health problems of expanding population in the region have increased the demand for the synbiotic product market. Europe accounted for the highest market share due to the consumption of functional foods containing fortified nutrients, helping boost the symbiotic products market. Increased consumer awareness of the benefit associated with symbiotic problems is the main driver of European synbiotic products and growth in the European synbiotic products market. Growing intestinal problems among consumers influence the demand for synbiotic products in the European market. A robust manufacturing base for food & beverage manufacturers coupled with the continuous demand for prebiotics and probiotics in food offers potential opportunities for synbiotic incorporation in different food and beverages.

Symbiotic Products Market Comanies and Competitive Landscape

There are several established participants in the industry and local manufacturers; hence, the market is fragmented. Some major market players are BioImmersion Inc., Biomin Inc., Chobani Inc., Danone, Diamond V, General Mills, Inc. and Pfizer Inc., among others. Some major companies follow merger and collaboration strategies to expand their business. For instance, in April 2021, Clasado Biosciences Partnered with Herbalife Nutrition for a synbiotic launched for Bimuno. Bimuno is the prebiotic Galactoligosaccharides ingredient developed by Clasado Biosciences and is a key ingredient in Herbalife Nutrition's new supplement Microbiotic Max. Macrobiotic Max is a powdered food supplement that combines Bimuno prebiotic with two billion live probiotic bacteria from strains of Lactobacillus helveticus and Bifidobacterium lactis gut bacteria that support vital functions of the body, including the immune system and cognition. Some major companies expand their product portfolio by launching new products in the market. For instance, in September 2019, Biomin launched Poultrystar hatchery gel drop synbiotic for day-old chicks. This drop is water soluble. In March 2021, Yakult expanded sleep and stress relief probiotic drink sales across Japan. The company targeted to sell 1.1 million bottles of Yakult 1000 daily. In June 2021, Ahava Skin Care Launched Prebiotic & Probiotic Body products. That product is enriched with its patented technology of the synbiotic complex and signature blend of Dead Sea minerals; the formula helps treat an unbalanced skin micro biome. In March 2020, Taiyo launched a new synbiotic, women's health formulation based on sun fiber ingredients, pairing it with probiotic, and launched a new dual action product.

COVID-19 Impact:

Positive impact on the global symbiotic products market

The Covid -19 pandemic had a positive impact on the growth of the synbiotic product market. The individuals faced many gut problems because of the virus, which increased demand for prebiotics and probiotics products. The post-Covid scenario saw several product innovations catering to the growing consumption of synbiotic products. For instance, in the first quarter of 2020, Asmara launched six synbiotic powders, having antioxidant, immunity and stress relieving benefits. Increasing demand from the food and beverage industry and dietary supplement and animal feed sectors are further growing the global market.

The global symbiotic products market report would provide an access to approximately 61 market data tables, 54 figures and 170 pages