Probiotic Ingredients Market Size & Share, Global Sector / Industry Report & Analysis, 2025 (Includes Business Impact of COVID-19)

                                          
Abstract, Snapshot, Market Analysis & Market Definition: Global Probiotic Ingredients Market


The global Probiotic Ingredients market size is projected to reach US$ 3.84 billion by 2026, from US$ 2.43 billion in 2020, at a CAGR of 7.9% during 2021-2026. The growth is driven by increasing consumer awareness regarding preventive healthcare coupled with increasing expenditure on probiotic, most notably in countries such as Japan, Germany, and U.K.

Awareness regarding preventive healthcare is on the rise, owing to various factors such as increasing disposable income, rising standards of living, aging population, and changing attitude towards healthcare. Additionally, easy availability of information pertaining to preventive healthcare on the internet is contributing to the rising awareness.

Probiotic can be used to prevent diseases related to oral health, bacterial vaginosis, and urinary tract. They can also be used to prevent diseases such as respiratory infections, necrotizing enterocolitis, and bowel diseases. The risk of occurrence of these diseases is high, particularly among the geriatric population. Probiotic prove to be an easily available and safe measure to prevent the occurrence of these diseases. This trend is anticipated to continue driving the probiotic ingredients market over the forecast period.

In U.S., most probiotic ingredients find application either in dietary supplements or foods. The demand for these ingredients is predominantly driven by their increasing consumption in the dietary supplement market in the country. In this respect, various formats of probiotic ingredients including liquids, tablets, powders, and capsules are being widely consumed across the country.

On the competitive front, the U.S. market is considerably fragmented and competitive with key industry participants sharing the market space. Some of the prominent market participants are Yakult Honsha Co., Ltd.; Nestle, Danone S.A.; Chr. Hansen Holding A/S; Danisco A/S; Arla Foods; and LALLEMAND Inc.; among others.

Market Segmentation, Outlook & Viewpoint: Global Probiotic Ingredients Market

Ingredient Market Segmentation & Outlook (Revenue, USD Million, 2014 - 2025)

  
Bacteria
  
Lactobacilli
  
Bifidobacterum
  
Streptococcus
  
Other Genus
  
Yeast
  
Spore Formers

Application Market Segmentation & Outlook (Revenue, USD Million, 2014 - 2025)

  
Probiotic Food & Beverages
  
Probiotic Dietary Supplements
  
Animal Feed Probiotic

End Use Market Segmentation & Outlook (Revenue, USD Million, 2014 - 2025)

  
Human Probiotic
  
Animal Probiotic

Form Market Segmentation & Outlook (Revenue, USD Million, 2014 - 2025)

  
Dry Form
  
Liquid Form

Key Players, Recent Developments & Regional Insights: Global Probiotic Ingredients Market

Probiotic food and beverages segment led the market in 2018 by registering a revenue of USD 1.70 billion. The growth in consumption of probiotic products such as yogurt are prompting an increase in demand in food and beverage applications. Furthermore, major industry participants are trying to enter into long term supply agreements with food and beverage companies, most notably in regions such as Central and South America to inculcate their proprietary strains in food products.

Increasing gut health concerns, geriatric population, and efficacy of probiotic products in providing health benefits are expected to complement the growth of probiotic food and beverages segment over the forecast period.

The dietary supplements segment is predominantly driven by the rising geriatric population across the globe. This development is further complemented by technological advancements in nanotechnology and encapsulation. The segment can be further categorized into sports and energy supplements, nutrition supplements, food supplements, and infant formula among others. The infant formula segment has been contributing significantly to the demand for dietary supplements.

End Use Insights

Inculcation of probiotic in variety of products such as juices, cheese, and cereals has broadened the product portfolio of probiotics intended for human use. This trend is anticipated to drive the demand over the forecast period. In addition, growing awareness regarding the usage of antibiotic as animal feed and its side effects is anticipated to fuel the growth.

This trend has also prompted a rise in usage of animal feed probiotic as they do not have any side effects. Probiotic animal feed is used to decrease the mortality rate and to promote feed conversion efficiency and proper growth. They are fast replacing antibiotics and this trend is expected to benefit the market over the forecast period.

Form Insights

On the basis of form, the market is divided into dry form and liquid form. The production of dry form employs various techniques of freezing and freeze drying. Though these production techniques are considered efficient in the industry, the production of probiotic ingredients leads to high energy consumption and transportation costs.
Prominent market players are focusing on introducing and experimenting with probiotic ingredients in liquid form to develop an equitable solution. Such factors are expected to drive the liquid form segment over the forecast period. The liquid form has also increased the scope of application of probiotics across the globe. For instance, flavored probiotic yogurt has been gaining widespread popularity in North America, most notably in U.S.

Regional Insights

Europe held the largest market share of 35.5% in 2018. The region is expected to maintain its dominance in the market throughout the forecast period. Presence of major market participants in the region, high awareness regarding probiotic usage, and easy availability of products has benefitted the regional demand in the recent past and is expected continue over the forecast period.

Asia Pacific is anticipated to be the second largest market in 2025 closely following Europe. Rising preference for functional foods and rising standard of living is expected to benefit the regional market in the forthcoming years.
Probiotic Ingredients Market Share Insights

Probiotical S.p.A.; Ganeden, Inc.; Sabinsa Corporation; Biocodex, Inc.; BioGaia AB; Chr. Hansen Holding A/S; Danisco A/S; Danone, Inc.; and Lallemand, Inc. are some of the key players operating in the market. Chr. Hansen Holding A/S; Lallemand Inc.; and Danisco A/S dominate the North America market. Chr Hansen leads in terms of revenue and experience.

The companies are focusing on partnership with dairy companies for their proprietary strain inculcation in the products. Key market participants are trying to increase their regional presence in emerging markets such as China, India, and Japan by setting up manufacturing facilities in Asia Pacific. In addition, prominent industry players are utilizing trade zones established between countries to market their products.

Key Insights Covered: Global Probiotic Ingredients Market

1. North America, Europe, Asia Pacific, Middle East & Africa, Latin America market size (sales, revenue and growth rate) of Probiotic Ingredients industry.
2. Global major manufacturers operating situation (sales, revenue, growth rate and gross margin) of Probiotic Ingredients industry.
3. Global major countries (United States, Canada, Germany, France, UK, Italy, Russia, Spain, China, Japan, Korea, India, Australia, New Zealand, Southeast Asia, Middle East, Africa, Mexico, Brazil, C. America, Chile, Peru, Colombia) market size (sales, revenue and growth rate) of Probiotic Ingredients industry.
4. SWOT analysis, New Project Investment Feasibility Analysis, Upstream raw materials and manufacturing equipment & Industry chain analysis of Probiotic Ingredients industry.
5. Global market size (sales, revenue) forecast by regions and countries from 2019 to 2024 of Probiotic Ingredients industry.

Research Methodology: Global Probiotic Ingredients Market

  
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please Request a Sample Report.
  
Demand Side Primary Contributors: OEMs, Industrial Professionals, Researches, Suppliers and Distributors, Group Purchasing Organizations, Associations, Insurers, Universities, Technological Writers, Scientists, Promoters, Investors among others.
  
Supply Side Primary Contributors: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, Regulatory Affairs Managers among other