Home > Food & Beverages > Nutraceuticals > Probiotics Market

Probiotics Market Analysis

  • Report ID: GMI418
  • Published Date: Mar 2023
  • Report Format: PDF

Probiotics Market Analysis

The lactobacilli-based probiotics market size was recorded at more than USD 1.8 billion in 2022, on account of soaring demand for non-pharmacological treatments to reduce the cost of production for human probiotic applications. The lactobacilli bacterial strains regulate cholesterol profile and avoid side effects observed in conventional pharmacological treatments for cholesterol-related disorders.
 

Global Probiotics Market Revenue Share By End-Use

The probiotics market from human probiotics segment is estimated to reach USD 5 billion by 2032, growing at a CAGR of 8% during the forecast period, attributed to snowballing awareness regarding a healthy diet. The human probiotics are combined with various food & beverage products to enhance taste, maintain good texture, and improve digestive health, thereby uplifting product adoption.
 

Global Probiotics Market Value by Food & Beverages Application

The probiotics market from food & beverage applications segment will expand at 8% CAGR through 2032. Increasing functional food demand accompanied with consumer consciousness towards nutritional benefits should drive the industry outlook. Presence of probiotics in commercial food products has certain health benefits which has led industries to focus on various food products applications.

 

The fermented meat products segment is poised to exhibit a CAGR of 10% till 2032. Lactic acid bacteria are common sources for probiotics in fermented meat products which offers nutritional benefits in the body. Increasing awareness of colon cancer owing to meat consumption has led to a rise in demand for fermented meat products which prevents the growth of pathogenic bacteria.
 

Global Probiotics Market, By Region

The Asia Pacific probiotics market is predicted to exceed USD 2.5 billion by 2032. The region is undergoing cumulative consumer demand for functional foods, especially in developing countries such as China, Japan, and India to enhance digestive disorders and treat skin problems. Increase in demand for probiotic based medicine for chronic diseases coupled with rise in concerns regarding animal health among livestock owners will influence the product demand.

Authors: Kunal Ahuja, Sarita Bayas

Frequently Asked Questions (FAQ) :

Global Market size for Probiotics was valued at more than USD 2.5 billion in 2022 and is set to progress at nearly 8% CAGR over the next 10 years owing to expanding consumption of meat and functional food.

Baked foods application segment is poised to witness growth at over 7% CAGR through 2032 due to the increasing uptake of bakery foods with health benefits.

Lactobacilli segment was recorded at more than USD 1.8 billion in 2022 as a result of soaring demand for non-pharmacological treatments to reduce the cost of production for human probiotic applications.

Asia Pacific probiotics is projected to reach over USD 2.5 billion by 2032 on account of burgeoning consumption of functional foods, especially in developing countries such as China, Japan, and India in the APAC region.

Probiotics Market Scope

Buy Now


Premium Report Details

  • Base Year: 2022
  • Companies covered: 17
  • Tables & Figures: 418
  • Countries covered: 17
  • Pages: 328
 Download Free Sample