Global Probiotic Strains Market, By Type (Lactobacillus Acidophilus, Lactobacillus Rhamnosus GG, Bifidobacterium Bifidum, Other), Form (Dry, Liquid), End Use (Food and Beverages, Yogurt Drink and Fermented Milk, Fruit Juice, Bakery, Meat Products, Pharmaceuticals, Functional Food, Animal Feed, Dietary Supplement) – Industry Trends and Forecast to 2029
Market Analysis and Size
The consumption of healthy food among people has been reduced as a result of the busy, contemporary lifestyle, and at times, individuals disturb the delicate balance of the body's intestinal flora, which can cause gastrointestinal discomfort and infection in other body regions. As a result, consuming foods or food supplement items that include friendly living bacteria cultures, sometimes known as 'probiotics,' can help to maintain a healthy balance of gut flora and infection control. Probiotic strains are live microorganisms that, when administered at the right dose, provide health advantages. These probiotic strains are employed in the food and beverage, supplement, animal feed and pharmaceutical industries because they are recognized to provide a variety of health benefits. The most widely used probiotic strains include Bifidobacterium and Lactobacillus. Data Bridge Market Research analyses that the probiotic strains market was valued at USD 1.07 billion
in 2021 and is expected to reach USD 1.78 billion by 2029, registering a CAGR of 6.60% during the forecast period of 2022 to 2029. The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, patent analysis and consumer behaviour.
Market Definition
Probiotic strains are live microorganisms that, when administered at the right dose, provide health advantages. Bifidobacterium, Lactobacillus, Bacillus, Saccharomyces and other bacteria types make up probiotic strains. The probiotic strains are recommended for overall health and to improve the microbiota in the gastrointestinal tract. Other health benefits of probiotic strains include a strong source of Vitamin B2, B6, and B12, pathogen suppression, serum cholesterol decrease and improved lactose intolerance. The anti-tumor properties of probiotic strains are also being investigated.
Report Scope and Market Segmentation
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Report Metric
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Details
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Forecast Period
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2022 - 2029
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Base Year
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2021
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Historic Years
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2020 (Customizable to 2019 - 2014)
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Quantitative Units
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Revenue in USD Billion, Volumes in Units, Pricing in USD
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Segments Covered
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Type (Lactobacillus Acidophilus, Lactobacillus Rhamnosus GG, Bifidobacterium Bifidum, Other), Form (Dry, Liquid), End Use (Food and Beverages, Yogurt Drink and Fermented Milk, Fruit Juice, Bakery, Meat Products, Pharmaceuticals, Functional Food, Animal Feed, Dietary Supplement)
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Countries Covered
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U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa(MEA) as a part of Middle East and Africa (MEA)
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Market Players Covered
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Chr. Hansen Holding A/S (Denmark), Yakult Honsha Co., Ltd (Japan), Nestlé (Switzerland), DuPont (US), MORINAGA & CO., LTD (Japan), BioGaia AB (Sweden), Protexin (UK), Daflorn Probiotics UK (UK), DANONE (France), Yakult U.S.A. Inc. (US), Deerland Enzymes, Inc. (US), UAS Laboratories (US), Goerlich Pharma GmbH (Germany), SANZYME BIOLOGICS PVT. LTD. (India), DSM (Netherlands), NutraScience Labs (US),Kerry Group plc (Ireland), Lallemand Inc. (Canada), Lonza (Switzerland), Winclove Probiotics (Netherlands), Probi (Sweden)
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Market Opportunities
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Probiotic Strains Market Dynamics
This section deals with understanding the market drivers, advantages, opportunities, restraints and challenges. All of this is discussed in detail as below:
Drivers
- Increasing health consciousness among consumers
Natural food products are becoming more popular as people become more aware of the importance of living a healthy lifestyle. The market for probiotics is being driven by a growing awareness of health and nutrition goods. Consumption of natural component goods, particularly probiotics, is influenced by personal well-being.
- Emergence of COVID-19 pandemic
The pandemic of COVID-19 has a favourable impact on the probiotic strains market. Some probiotics products and ingredients are utilized to boost the body's immunity. Many market companies had spent a significant amount of money developing new probiotics products.
Furthermore, the rising number of geriatric population will act as major factor influencing the growth of probiotic strains market. Also, rising urbanization, and increasing level of disposable income will drive market value growth. Also, changing consumption pattern with growing cases of chronic diseases will cushion the growth rate of probiotic strains market.
Opportunities
- Growth of food and beverage industry
The probiotic strains market is likely to be driven by growth in the food and beverage industry as a result of higher consumer expenditure and positive government backing. Probiotic strains market growth is anticipated to be propelled by an increase in demand for fortified foods among health-conscious consumers.
Moreover, rise in strategic collaborations and emerging new markets will act as market drivers and further boost beneficial opportunities for the market’s growth rate. Along with this, the constant developments in technologies and growing demand for probiotics in developed economics will provide new market opportunities in coming years. The rising number of research and development activities will create new market opportunities during the forecast period.
Restraints/ Challenges
- High cost associated with research and development
The high cost associated with research and development for the development of new probiotics strains will further obstruct the growth rate of market. The high cost of recruiting qualified individuals, as well as sustained spending in research and innovation activities and investments in laboratories and research equipment, present impediments to the development of the probiotics business.
On the other hand, intolerance of probiotics to stomach acid and bile will pose a major challenge to the growth of probiotic strains market. Additionally, difficulties in integrating probiotics in functional foods and international quality standards and regulations for probiotic products will act as restrain and further impede the growth rate of market during the forecast period of 2022-2029.
This probiotic strains market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the probiotic strains market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
COVID-19 Impact on Probiotic Strains Market
By altering consumer buying behaviour and purchase patterns, the COVID-19 pandemic has caused a fundamental upheaval in the global probiotic sector. Several people have become increasingly careful of what they eat in recent years. People have shown a preference for nutritionally dense and healthful foods, which has had a favourable impact on the probiotics market. As a result of the unexpected COVID-19 pandemic, many people panicked and began stockpiling vitamin boosters. Such behaviour was crucial and had a beneficial impact on market performance. Because of the health-conscious character of the clients, the market is likely to continue to perform admirably during the forecasted period.
Recent Development
- In May 2021, Probi AB and Competence Centre on Health Technologies had announced a long-term R&D collaboration agreement (CCHT). Its goal is to create new products for women's health based on probiotic lactobacilli strains.
Global Probiotic Strains Market Scope
The probiotic strains market is segmented on the basis of type, form and end use. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Type
- Lactobacillus Acidophilus
- Lactobacillus Rhamnosus GG
- Bifidobacterium Bifidum
- Other
Form
- Dry
- Liquid
End Use
- Food and Beverages
- Yogurt Drink and Fermented Milk
- Fruit Juice
- Bakery
- Meat Products
- Pharmaceuticals
- Functional Food
- Animal Feed
- Dietary Supplement
Probiotic Strains Market Regional Analysis/Insights
The probiotic strains market is analysed and market size insights and trends are provided by country, type, form and end use as referenced above.
The countries covered in the probiotic strains market report are U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa(MEA) as a part of Middle East and Africa (MEA).
North America dominates the probiotic strains market in terms of market share and market revenue and will continue to flourish its dominance during the forecast period. This is due to the presence of major key players and increasing level of investments from manufacturers in food and beverage and pharmaceutical industries in this region
Asia-Pacific on the other hand is projected to exhibit the highest growth rate during the forecast period of 2022 to 2029 due to the growing urbanization and surging awareness among people in this region. Also, increasing number of population is anticipated to propel the market’s growth rate in this region.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Probiotic Strains Market Share Analysis
The probiotic strains market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to probiotic strains market.
Some of the major players operating in the probiotic strains market are:
- Chr. Hansen Holding A/S (Denmark)
- Yakult Honsha Co., Ltd (Japan)
- Nestlé (Switzerland)
- DuPont (US)
- MORINAGA & CO., LTD (Japan)
- BioGaia AB (Sweden)
- Protexin (UK)
- Daflorn Probiotics UK (UK)
- DANONE (France)
- Yakult U.S.A. Inc. (US)
- Deerland Enzymes, Inc. (US)
- UAS Laboratories (US)
- Goerlich Pharma GmbH (Germany)
- SANZYME BIOLOGICS PVT. LTD. (India)
- DSM (Netherlands)
- NutraScience Labs (US)
- Kerry Group plc (Ireland)
- Lallemand Inc. (Canada)
- Lonza (Switzerland)
- Winclove Probiotics (Netherlands)
- Probi (Sweden)
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