Probiotics Market will hit revenue of USD 4.15 billion in 2027
Posted: Aug 14, 2021
Probiotics are microorganisms that are capable of strengthening the human immune system and regularizing insulin and bile. Food supplements enriched with probiotics offer numerous health benefits such as alleviating abdominal discomfort and correcting bacterial concentrations in the digestive tract. Moreover, they boost the immune system and prevent fungal and bacterial infections by resisting airborne pathogens.
Probiotic strain enhanced additives meanwhile are used in meat, non-dairy, and baked preparations to enhance its nutritional value. The product is enriched with high concentration of antioxidants and essential amino acids. Health-conscious consumers are increasingly shifting their preference towards heathy snack options enriched with probiotics given to its ability to aid healthy digestion and ensure adequate functioning of digestive systems.
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With upsurge demand for high-quality food additives coupled with changing customer perception towards overall wellness, the probiotics market growth would record noteworthy growth over the coming years. Rising elderly population with reduced nutritional uptake capability, poor eating habits and surge in disposable income could further proliferate demand for probiotics food supplements. Speculating growing trends, Global Market Insights, Inc., projects that the probiotics market may surpass USD 3.5 billion by 2026.
Arla Foods, BioGaia AB, Chr. Hansen Holding A/S, Danone, DuPont Danisco, General Mills, I-Health, Lallemand, Lifeway Foods, Mother Dairy Fruit & Vegetable Private Limited, Nebraska Cultures, Nestle, Probi AB, Yakult Honsha Co., Kerry Group, Moringa Milk Industry, Kemin Industries
On the basis of geography, the Probiotics market report covers data points for multiple geographies such as:
- North America (the USA and Canada)
- Europe (UK, Germany, France, Italy, Spain, Scandinavia and Rest of Europe)
- Asia Pacific (Japan, China, India, Australia, Southeast Asia and Rest of Asia Pacific)
- Latin America (Brazil, Mexico and Rest of Latin America)
- Middle East & Africa (South Africa, GCC and Rest of the Middle East & Africa)
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Scope of the Report:
The report provides an overall analysis of the Probiotics market share, size, challenges & opportunities, market risk factors, drivers & restraints, segmentation, revenue forecasts, and key industry players with respect to their company profile, product portfolio, capacity, price, cost, and revenue. The report analyzes industry drivers, obstacles, latest discoveries, and openings available for newcomers in the market. The Probiotics Market report provides major statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in the Market.
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