According to the latest report by IMARC Group, “Global Probiotic Ingredients Market Size, Share, Growth, Industry Trends, Opportunity and Forecast 2022-2027“, the global probiotic ingredients market reached a value of US$ 4.83 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 7.06 Billion by 2027, exhibiting a CAGR of 6.30% during 2022-2027.
Probiotics, also called good or healthy bacteria, represent live microorganisms consumed to improve the functioning of the digestive system. They assist in preventing diseases related to bacterial vaginosis, oral health, urinary tract infection, etc. Probiotic ingredients also aid in minimizing depression and promoting heart health. They are commonly available in the form of tablets, capsules, powder, liquid, etc., and found in fermented food products containing live-active cultures, such as kefir, sourdough bread, yogurt, sauerkraut, tempeh, kimchi, etc. Probiotic ingredients colonize the gut with health-boosting microorganisms and stop undesirable bacteria from overgrowing in the digestive tract.
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Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Probiotic Ingredients Market Trends and Drivers:
The increasing consumer awareness towards preventive healthcare is primarily driving the probiotic ingredients market. Additionally, the growing prevalence of gut-related diseases, respiratory infections, necrotizing enterocolitis, bowel diseases, etc., particularly among the geriatric population and the widespread adoption of probiotic products as a part of the food culture are further catalyzing the market growth.
Besides this, the escalating demand for probiotic-based dietary supplements is acting as another significant growth-inducing factor. Moreover, the easy availability of information on the internet, the rising need for strengthening immunity, and the inflating disposable income levels of individuals are positively influencing the global market. Apart from this, the leading manufacturers are developing new products in convenient packaging formats, which is anticipated to fuel the probiotic ingredients market over the forecasted period.
Global Probiotic Ingredients Market 2022-2027 Analysis and Segmentation:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Advanced Enzyme Technologies Limited, Biena, Biogaia, Chr. Hansen Holding AS, Danone Inc., Deerland Probiotics & Enzymes Inc., DuPont de Nemours Inc., Kerry Group plc, Koninklijke DSM NV and Lallemand Inc.
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The report has segmented the market on the basis of region, ingredient, form and application.
Breakup by Ingredient:
- Spore Formers
Breakup by Form:
Breakup by Application:
- Food and Beverages
- Dietary Supplements
- Animal Feed Probiotic
Breakup by Region:
- North America: (United States, Canada)
- Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America: (Brazil, Mexico, Others)
- Middle East and Africa
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Key highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022- 2027)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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