Probiotics Market Size, Share and Industry Analysis By Microbial Genus (Lactobacillus, Bifidobacterium, Yeast), By Application (Functional Food and Beverage, Dietary Supplement, Animal Feed), By Distribution Channel (Supermarkets/Hypermarkets, Pharmacies/Health Stores, Convenience Stores, Online Retail), and Regional Forecast 2020-2029 (Includes COVID-19 Business Impact)

                                          
We have updated Probiotics Market with respect to COVID-19 Business Impact.
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This report focuses on the Probiotics market and value at the global level, regional level, and company level. From a global perspective, this report represents the overall Probiotics market size by analyzing historical data and future prospects. Regionally, this report focuses on several key regions: North America, Europe, Japan, China, Southeast Asia, India, Latin America, and South America.


Global Probiotics Market: Segment Analysis


The research report includes specific segments by region (country), by Company, by Type, and by Application. This study provides information about the sales and revenue during the historic and forecasted period of 2019 to 2029. An in-depth analysis of the segments assists in identifying the different factors that will aid market growth.


Global Probiotics Market: Regional Analysis


The research report includes a detailed study of regions of North America, Europe, Japan, China, Southeast Asia, India, Latin America, and South America. The report has been curated after observing and studying various factors that determine regional growth such as the economic, environmental, social, technological, and political status of the particular region. Researchers have studied the data of revenue, sales, and manufacturers of each mentioned region. This section analyses region-wise revenue and volume for the forecast period of 2019 to 2029.


Global Probiotics Market: Competitive Landscape


This section of the report identifies various key manufacturers of the market. It helps the reader understand the strategies and collaborations that players are focusing on combat competition in the market. The comprehensive report provides a significant microscopic look at the market. The reader can identify the footprints of the manufacturers by knowing about the global revenue of manufacturers, the global price of manufacturers, and sales by manufacturers during the forecast period of 2019 to 2029.
List of Companies Profiled

  
Danone S.A.
  
Lallemand Inc.
  
Yakult Honsha
  
Nestle S.A.
  
DuPont (Danisco A/S)
  
Hansen
  
Kerry Inc.
  
Post Holdings, Inc.
  
Pepsico, Inc.

Report Coverage

The global probiotics market report analyses the demand and sales of a wide variety of probiotics foods and beverages. The increase in the reported benefits of probiotics supported by clinical studies and scientific evidence have enhanced the consumers confidence in probiotics products. There has been a growing consumers understanding of probiotics and its effects that go beyond digestive health.

The market has also witnessed an increase in the new product development activities wherein novel and specialty strains are incorporated to achieve targeted health benefits. The global market has advanced not only in terms of compositional change but also in delivery formats offering greater convenience and acceptability.

The report provides qualitative and quantitative insights on the probiotics industry and detailed analysis of market size & growth rate for all possible segments in the market. The probiotics market research is segmented by microbial genus, application and distribution channel. On the basis of the microbial genus, the market is categorized into Lactobacillus, Bifidobacterium, and Yeast. The major application areas of probiotics are functional food, functional beverage, dietary supplements, and animal feed.

Supermarkets/hypermarkets, pharmacies/health stores, convenience stores, and online retail are some of the key distribution channels for sales of probiotics. Geographically, the market is segmented into five major regions, which are North America, Europe, Asia Pacific, South America, and Middle East & Africa. The regions are further categorized into countries.

Along with this, the report provides an elaborative analysis of the global probiotics market dynamics and competitive landscape. Various key insights provided in the report are the overview of related markets, best probiotics in the market, health benefits of probiotics, recent industry developments in probiotics market such as mergers & acquisitions, the regulatory scenario in key countries, and key probiotics industry trends.

SEGMENTATION

By Microbial Genus

  
Lactobacillus
  
Bifiodobacterium
  
Yeast

By Application

  
Functional Food and Beverage
  
Dietary Supplement
  
Animal Feed
  
Others

By Distribution Channel

  
Supermarkets/Hypermarkets
  
Pharmacies/Health Stores
  
Convenience Stores
  
Online Retail
  
Others

By Geography

  
North America (USA, Mexico, and Canada)
  
Europe (UK, Germany, France, Italy, Spain, Belgium, Russia, and Rest of Europe)
  
Asia Pacific (China, India, Japan, Australia, and Rest of Asia Pacific)
  
South America (Brazil, Argentina, and Rest of South America)
  
Middle East & Africa (South Africa, UAE, and Rest of the Middle East & Africa)

Key Industry Developments

In April 2019, Symrise launched a probiotics-based ingredient i.e. SymReboot L19 -the metabolites of the mildly heat-treated microorganisms contained in the ingredient are known to activate the skins natural defense mechanisms.

In March 2019, Lallemand Inc. announced a significant investment in processing facilities, aimed at doubling microencapsulated yeast production.

In January 2019, Chobani, L.L.C. launched its first line of plant-based offerings: Non-Dairy Chobani cultured organic coconut products.