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Bifidobacterium Market Share

Report ID: GMI6218
Published Date: Jul 2023
Report Format: PDF

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Bifidobacterium Market Share

Major companies operating in the bifidobacterium market are

DuPont de Nemours, Inc.
Chr. Hansen Holding A/S
Lallemand Inc.
Kerry Group
Probi AB
Morinaga Milk Industry Co., Ltd.
Yakult Honsha Co., Ltd.
Nestlé S.A.
Danone S.A.
Bifodan A/S.

These companies concentrate on strategic partnerships, new product launches, and commercialization efforts for market expansion. They are also heavily investing in research & development to introduce innovative products and garner the maximum market revenue.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

The market size of bifidobacterium was reached USD 700 million in 2022 and is set to reach USD 2 billion by 2032, owing to the rising consumer awareness about the significance of maintaining a healthy gut.

The dietary supplements segment accounted for around 40% market share in 2022, backed by the rising consumer focus on preventive health & wellness.

The U.S. industry value was USD 38.34 billion in 2022 and will grow at a substantial pace from 2023-203, attributed to the large elderly population base in the nation who is more aware of maintaining a healthy lifestyle.

DuPont de Nemours, Inc., Chr. Hansen Holding A/S, Lallemand Inc., Kerry Group, Probi AB, Morinaga Milk Industry Co., Ltd., Yakult Honsha Co., Ltd., Nestlé S.A., Danone S.A., and Bifodan A/S.