Probiotics Market to cross $5.5 Bn by 2032, Says Global Market Insights Inc.
Major probiotics market participants include Danone, Arla Foods, Inc, BioGaia AB, Lallemand Inc., Kerry Group, General Mills Inc, DuPont Danisco, I-Health Inc, and Nestle S.A.
Selbyville, Delaware,, Jan. 10, 2023 (GLOBE NEWSWIRE) —
The probiotics market valuation is projected to reach USD 5.5 billion by 2032, as reported in a is expected to exceed USD 1.5 million by 2032, as a major revenue hub owing to favorable government regulations, increasing consumption of probiotics dietary supplement, and prevention and treatment of diseases such as inflammatory bowel disease and lactose intolerance.
Prominent participants operating across the probiotics market include Danone, General Mills Inc, DuPont Danisco, I-Health Inc, and Nestle S.A. Strategic landscape of the market is slated to witness a sequence of growth mergers and collaborations among industry players and pharmaceutical companies, along with new product launches to aid in maintaining a competitive edge in the market. For instance, in July 2022, BioGaia AB, a probiotics provider, introduced its new probiotics supplement for normal analgesics among children called, BioGaia Pharax.
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Partial chapters of report table of contents (TOC):
Chapter 2 Executive Summary
2.1 Probiotic industry 3600 synopsis, 2018 – 2032
2.1.1 Business Trends
2.1.2 Regional trends
2.1.3 Ingredients trends
2.1.4 End-use trends
2.1.5 Application trends
Chapter 3 Probiotic Ingredients Industry Insights
3.1 Industry segmentation
3.2 COVID-19 overview on world economy
3.3 Impact of Russia-Ukraine war on probiotics market
3.4 Industry ecosystem analysis
3.4.1 Vendor matrix
3.4.2 Distribution channel analysis
3.4.2.1 Collaboration/Partnership
3.4.2.2 Service Providers
3.4.2.3 Contract Manufacturing
3.4.2.4 Technology providers
3.4.2.5 Distributors
3.4.3 Impact of COVID-19 on industry value chain
3.5 Technology landscape
3.6 Innovation & sustainability
3.7 Raw Material Trends (Impact of COVID-19)
3.8 Regulatory landscape
3.8.1 Probiotic representation across the globe
3.8.1.1 U.S.
3.8.1.2 Europe
3.8.1.3 Japan
3.8.1.4 India
3.8.1.5 China
3.9 Patent landscape
3.10 Pricing analysis
3.10.1 Lactobacilli price trends
3.10.2 Bifidobacterium price trends
3.10.3 Streptococcus price trends
3.10.4 Bacillus price trends
3.10.5 Others price trends
3.10.6 Impact of COVID-19 on pricing trends
3.10.7 Cost structure analysis, 2022
3.11 Industry impact forces
3.11.1 Growth drivers
3.11.1.1 Europe
3.11.1.1.1 Increasing bakery products demand
3.11.1.1.2 Increasing dairy products consumption
3.11.1.2 Asia Pacific
3.11.1.2.1 Functional food market growth which will drive probiotics demand
3.11.1.2.2 Increased consumption of meat
3.11.1.3 North America: Antibiotics ban in the U.S.
3.11.1.4 LATAM: Growing dairy consumption trends
3.11.2 Industry pitfalls & challenges
3.11.2.1 Functionality issue
3.11.2.2 Bacterial limitations
3.12 Growth potential analysis, 2022
3.12.1 Emerging business model
3.12.1.1 New Product Launch
3.12.1.2 Collaboration/Joint ventures
3.12.1.3 Acquisitions
3.13 Porter’s analysis
3.13.1 Bargaining power of suppliers
3.13.2 Bargaining power of buyers
3.13.3 Threat of new entrants
3.13.4 Threat of substitutes
3.14 PESTEL analysis
3.15 Impact of COVID-19 on probiotics demand, By Application
3.15.1 Functional food & beverages
3.15.2 Dietary Supplements
3.15.3 Animal feed
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About Global Market Insights Inc.
Global Market Insights Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider, offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy, and biotechnology.
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