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Probiotics Market

Probiotics Market Report By Source(Bacteria,Yeast),By Application(Functional Food and Beverages,Dietary Supplements,Animal Feed),By EndUser(Human Probiotics,Animal Probiotics),By Region(North America,Europe,Asia-Pacific,Latin America,Middle East & Africa)-Size, Share,Growth and Forecast to 2026

  • ID : 40062650  |  
  • Published : Jan-2019  |  
  • Region : Global  |  
  • Pages : 75   |  
  • Publisher : Polaris Market Research

Probiotics Market Size and Growth Rate:

The probiotics market is anticipated to reach over USD 77,240 million by 2026. In 2017, the functional food and beverage segment dominated the global market, in terms of revenue. Asia-Pacific is expected to be the leading contributor to the global market revenue during the forecast period.

Probiotics Market Overview:

A significant increase in disposable income, changing lifestyles, and initiatives by market players to promote natural products drive the growth of this market. The health benefits offered by probiotics such as enhanced digestion, stronger immune system, healthier skin, decreased chances of cold and flu have increased its demand significantly over the years. Other factors supporting market growth include increasing awareness regarding the use of probiotics in food products and beverages, and research and development for advancement. Increasing demand from developing nations is expected to provide numerous growth opportunities to the market players during the forecast period.

Improvement in lifestyle and increasing disposable income, especially in the developing countries of Asia-Pacific fuels the demand for probiotics market. Factors such as the increase in per capita income and changes in consumer behavior are expected to accelerate the adoption of probiotics in the coming years. Consumers are increasingly becoming aware of their health and taking preventive health measures, thereby promoting the adoption of probiotics.

Probiotics Market- Regional Presence:

Asia-Pacific generated the highest revenue in the market in 2017, and is expected to lead the global market throughout the forecast period. The rising geriatric population in the region, and increasing disposable income drive the market growth. The increasing demand of health products in the region along with increasing awareness regarding benefits of probiotics further support market growth. The increasing demand of probiotics for animal feed and growing demand for healthy livestock is expected to accelerate the adoption of probiotics during the forecast period.

Probiotics Market-Key Dynamics:

The different sources of probiotics include bacteria and yeast. In 2017, the bacteria segment accounted for the highest market share. Use of healthy bacteria offers benefits such as enhanced immunity, prevention of diarrhea and irritable bowel syndrome, reduced chances of cold and flu, and increased lactase production among others. Growing awareness and extensive research and development for further development are expected to support market growth during the forecast period.

Key Players in the Probiotics Market are:

  • Danone
  • Yakult Honsha Co  Ltd
  • Nestle S.A
  • Lifeway Foods, Inc
  • Ganeden, Inc
  • Probi AB
  • BioGaia AB
  • Danisco A/S
  • Nebraska Cultures
  • Lallemand Inc
  • General Mills, Inc
  • I-Health In

 Probiotics Market-Detailed Segmentation:

Probiotics Market-By Source:

  • Bacteria
  • Yeast

Probiotics Market-By Application:

  • Functional Food and Beverages
  • Dietary Supplements
  • Animal Feed

Probiotics Market-By End-User:

  • Human Probiotics
  • Animal Probiotics

Probiotics Market-By Region:

  • North America
  • Europe
  • Latin America
  • Asia-pacific
  • Middle East & Africa

Table of Contents

1. Overview and Scope

1.1. Research goal & scope

1.2. Research assumptions

1.3. Research Methodology

1.3.1. Primary data sources

1.3.2. Secondary data sources

1.4. Key take-away

1.5. Stakeholders

2. Executive Summary

2.1. Market Definition

2.2. Market Segmentation

3. Probiotics Market Insights

3.1. Probiotics – Industry snapshot

3.2. Probiotics - Ecosystem analysis

3.3. Probiotics Market Dynamics

3.3.1. Probiotics – Market Forces

3.3.1.1. Probiotics Market Driver Analysis

3.3.1.2. Probiotics Market Restraint/Challenges analysis

3.3.1.3. Probiotics Market Opportunity Analysis

3.3.2. Industry analysis - Porter's five force

3.3.2.1. Bargaining power of supplier

3.3.2.2. Bargaining power of buyer

3.3.2.3. Threat of substitute

3.3.2.4. Threat of new entrant

3.3.2.5. Degree of competition

3.3.3. Probiotics Market PEST Analysis, 2016

3.3.4. Probiotics Market Value Chain Analysis

3.3.5. Probiotics Industry Trends

3.3.6. Competitive Ranking Analysis

4. Probiotics Market Size and Forecast, 2017-2026 by Source

4.1. Key Findings

4.2. Bacteria

4.3. Yeast

5. Probiotics Market Size and Forecast, 2017-2026 by Application

5.1. Key Findings

5.2. Functional Food & Beverages

5.3. Dietary Supplements

5.4. Animal Feed

6. Probiotics Market Size and Forecast, 2017-2026 by End-User

6.1. Key Findings

6.2. Human Probiotics

6.3. Animal Probiotics

7. Probiotics Market Size and Forecast, 2017-2026 by Region

7.1. Key Findings

7.2. North America

7.2.1. U.S.

7.2.2. Canada

7.2.3. Mexico

7.3. Europe

7.3.1. Germany

7.3.2. UK

7.3.3. France

7.3.4. Italy

7.3.5. Rest of Europe

7.4. Asia-Pacific

7.4.1. China

7.4.2. India

7.4.3. Japan

7.4.4. Rest of Asia-Pacific

7.5. Latin America

7.5.1. Brazil

7.6. Middle East & Africa

8. Company Profiles

8.1. Danone

8.1.1. Overview

8.1.2. Financials

8.1.3. Product Benchmarking

8.1.4. Recent Developments

8.2. Yakult Honsha Co., Ltd.

8.2.1. Overview

8.2.2. Financials

8.2.3. Product Benchmarking

8.2.4. Recent Developments

8.3. Nestle S.A.

8.3.1. Overview

8.3.2. Financials

8.3.3. Product Benchmarking

8.3.4. Recent Developments

8.4. Lifeway Foods, Inc.

8.4.1. Overview

8.4.2. Financials

8.4.3. Product Benchmarking

8.4.4. Recent Developments

8.5. Ganeden, Inc.

8.5.1. Overview

8.5.2. Financials

8.5.3. Product Benchmarking

8.5.4. Recent Developments

8.6. Probi AB

8.6.1. Overview

8.6.2. Financials

8.6.3. Product Benchmarking

8.6.4. Recent Developments

8.7. BioGaia AB

8.7.1. Overview

8.7.2. Financials

8.7.3. Product Benchmarking

8.7.4. Recent Developments

8.8. Danisco A/S

8.8.1. Overview

8.8.2. Financials

8.8.3. Product Benchmarking

8.8.4. Recent Developments

8.9. Nebraska Cultures

8.9.1. Overview

8.9.2. Financials

8.9.3. Product Benchmarking

8.9.4. Recent Developments

8.10. Lallemand Inc.

8.10.1. Overview

8.10.2. Financials

8.10.3. Product Benchmarking

8.10.4. Recent Developments

8.11. General Mills, Inc.

8.11.1. Overview

8.11.2. Financials

8.11.3. Product Benchmarking

8.11.4. Recent Developments

8.12. I-Health Inc.

8.12.1. Overview

8.12.2. Financials

8.12.3. Product Benchmarking

8.12.4. Recent Developments

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