USD 85 million
Bacillus Coagulans Market Size, Share, Growth Analysis, By Type(Type 1, Type 2, Type 3), By Application(Food, Beverage, Bakery Products, Dairy Products), By Region - Industry Forecast 2024-2031
Report ID:
SQSG30C2029 |
Region:
Global |
Published Date: February, 2024
Pages:
157
|Tables:
70
|Figures:
76
Bacillus Coagulans Market Insights
Global Bacillus Coagulans Market size was valued at USD 85 million in 2019 and is poised to grow from USD 91.835 million in 2023 to USD 148.16 million by 2031, growing at a CAGR of 8.1% in the forecast period (2024-2031).
Bacillus coagulans is a good bacteria used in food and medicine, similar to lactobacillus and other probiotics. It is used to treat all types of diarrheas, including infectious varieties like rotavirus in children and antibiotic-induced diarrhea. Additionally, it is used to treat IBS, general digestive issues, inflammatory bowel diseases like IBD, Crohn's disease, and ulcerative colitis, as well as infections brought on by the ulcer-causing bacterium Helicobacter pylori. It is used to strengthen the immune system to ward off cancer, the development of cancer-causing substances, and respiratory infections.
Due to rising health concerns and a rise in the demand for functional foods, the global market for Bacillus coagulans has seen substantial growth prospects. Additionally, an increase in R&D spending fuels the market's expansion. The market's expansion is slowed down by consumers' ignorance about Bacillus coagulans' efficacy. It is anticipated that rising consumer demand for Bacillus coagulans products in emerging economies would open up new market expansion prospects.
US Bacillus Coagulans Market is poised to grow at a sustainable CAGR for the next forecast year.
Market Snapshot - 2024-2031
Global Market Size
Largest Segment
Type 1
Fastest Growth
Type 1
Growth Rate
8.1% CAGR
Global Bacillus Coagulans Market 2021-2028 ($ Mn)
Country Share for Asia-Pacific Region- 2021 (%)
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Bacillus Coagulans Market Segmental Analysis
The global Bacillus Coagulans market is segmented based on type, application and region. Based on type, the market is segmented into, type 1, type 2, and type 3. Based on application, the market is segmented into, food and beverage, bakery products, dairy products, processed foods, pharmaceuticals, cosmetic products, dietary supplements, animal feed, and others. Based on the region it is categorized into North America, Europe, Asia-Pacific, South America, and MEA.
Bacillus Coagulans Market Analysis by Application
Based on application, the market is segmented into, food and beverage, bakery products, dairy products, processed foods, pharmaceuticals, cosmetic products, dietary supplements, animal feed, and others. Among these, the food and beverage segment is projected to hold the most substantial share in the market. A spore-forming bacteria called Bacillus coagulans is often used for its probiotic properties. On ingestion, the bacterium is known to enhance gut health and delay the onset of gastrointestinal and digestive problems. The microorganism is used in goods like animal feed, bread, confectionery, dairy, drinks, and functional foods. A gram-positive, spore-forming bacterium called Bacillus coagulans is used as a probiotic. It was formerly known as Lactobacillus sporogeneses and is more commonly referred to as Lactic Acid Bacteria. It is advantageous for human consumption and non-pathogenic to consume Bacillus coagulans. It is used to treat a variety of medical conditions, including lactose intolerance, diarrhea, constipation, digestive issues, and to boost immunity.
Global Bacillus Coagulans Market By Type, 2021 (%)
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Bacillus Coagulans Market Regional Insights
In 2021, Asia-Pacific is expected to have the biggest market share of 42.0%. The region is also projected to be the fastest growing with a CAGR of over the forecast period. This can be attributed to rising healthcare spending by the populace in the region. Given that these countries are the biggest consumers of functional foods and beverages, the growing economies of ASEAN, China, and India are anticipated to be the largest markets for bacillus coagulans. Additionally, one of the key reasons promoting market expansion in these economies is the rising senior population. Further, the North American region is also projected to hold one of the most substantial share in the market attributing to the presence of major players operating in the market in the region.
Global Bacillus Coagulans Market By Geography, 2021 - 2028
- Largest
- Fastest
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Bacillus Coagulans Market Dynamics
Bacillus Coagulans Market Driver
- Due to the enormous advantages offered in treating acne and skin issues, the market for Bacillus coagulans is experiencing rising demand in the cosmetics sector. Cosmetics manufacturers are introducing new formulations with Bacillus coagulans for anti-aging properties. Face masks, lotions, scrubs, gels, creams, and cleansers are some of these goods. Manufacturers of cosmetic products are also concentrating on creating cosmeceutical components, such as bacillus coagulans, for use in a variety of cosmetic products, such as cream, lotion, powder, and others. Atopic dermatitis and eczema symptoms are being treated and managed with increasing frequency using Bacillus coagulans. Its inclusion in cosmetic goods like moisturizing lotion and anti-acne face wash is also on the rise. Bacillus coagulans is a biologically active ingredient that protects the skin, and it is frequently used in personal care products.
Bacillus Coagulans Market Restraint
- Bacillus coagulans' side effects are minimal, indiscriminate dosing can cause intestinal gas and bloating. Because bacillus coagulans is not a component of the digestive system normally, there is ongoing discussion over its potential risks and negative effects. There have been several bacillus coagulans strains discovered that may not be suitable for use as probiotics. Compared to other probiotics, bacillus coagulans may provide a number of advantages, however research on these probiotics is yet scarce. The possibility that bacillus coagulans spores will escape the digestive system and enter other organs is another worry. As a result, it is not advised for those who are immunocompromised or who are using a catheter because it could result in bacterial infection.
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Bacillus Coagulans Market Competitive Landscape
The market is consolidated in nature. The prominent players operating in the market are constantly adopting various growth strategies in order to stay afloat in the market. Product launches, innovations, mergers, and acquisitions, collaborations and partnerships, and intensive R&D are some of the growth strategies that are adopted by these key players to thrive in the competitive market. The key market players are also constantly focused on R&D in order to supply industries with the most efficient and cost-effective solutions.
Bacillus Coagulans Market Top Players' Company Profiles
- Sabinsa Corporation
- Ganeden Biotech
- Lallemand Inc.
- Nebraska Cultures Inc.
- UAS Laboratories LLC
- Unique Biotech Limited
- Syngen Biotech
- Synbiotics Limited
- NutraScience Labs
- Bioriginal Food & Science Corp.
- Qingdao NN Bio-tech Co., Ltd.
- Biovation Labs Inc.
- Biosearch Life
- Pure Encapsulations
- ADM Protexin Limited
- Bactolac Pharmaceutical, Inc.
- Nutraceutix, Inc.
- Thorne Research Inc.
- Vitamer Labs Inc.
- Nutralliance Inc.
Bacillus Coagulans Market Recent Developments
- In June 2020, the Mariani Packing Company, a U.S. food products provider, introduced its probiotics products in single use packets with two fruit flavors. The product is a weekly 7-day supply carton that contains probiotic bacillus coagulans. The United States has designated the brand, GanedenBC30, as safe (GRAS). FDA, certified Halal, Kosher, and gluten-free. The company claims that the fiber found in the dried fruits used in its products might be used as a fuel source for B. utilized coagulans Such product introductions support the market potential of probiotic cultures that are active in improving gut health, such as Bacillus coagulans.
Bacillus Coagulans Key Market Trends
- With new dairy-free probiotic foods entering the market each year, health and wellness continue to be at the forefront of new product development initiatives. Due to the growing vegan and vegetarian population, the need for low milk cholesterol, an increase in milk protein allergies, and an increase in lactose intolerance, there has been a surge in the demand for non-dairy probiotics. The majority of dairy-free food items now commonly contain the ingredient Bacillus coagulans as their principal component. Bacillus coagulans is mostly added to functional food products and dairy-free probiotic supplements because it has been deemed safe by the FDA and EFSA. The demand for heat-treated food products is rising as a result of the high stability of bacillus coagulans during processing and heating. Due to their low cost and availability as an alternative to other dangerous chemical sources, the majority of goods used in the food business that can be manufactured by Bacillus coagulans are becoming more and more popular.
Bacillus Coagulans Market SkyQuest Analysis
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Co-relates and Analyses the Data collected by means of Primary Exploratory Research backed by the robust Secondary Desk research.
According to our analysis, the global bacillus coagulans market is segmented based on type, application and region. Based on the type, the type 1 segment of the market is projected to hold a substantial share in the market. Based on the application, the food and beverage segment of the market is projected to hold a substantial share in the market. Based on the region, the Asia-Pacific region of the market is projected to hold a substantial share in the market.
| Report Metric | Details |
|---|---|
| Market size value in 2023 | USD 85 million |
| Market size value in 2031 | USD 148.16 million |
| Growth Rate | 8.1% |
| Forecast period | 2024-2031 |
| Forecast Unit (Value) | USD Million |
| Segments covered |
|
| Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
| Companies covered |
Bacillus Coagulans Market Recent Developments
|
| Customization scope | Free report customization with purchase. Customization includes:-
|
| Historical Year | 2019 |
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Table Of Content
Executive Summary
Market overview
- Exhibit: Executive Summary – Chart on Market Overview
- Exhibit: Executive Summary – Data Table on Market Overview
- Exhibit: Executive Summary – Chart on Bacillus Coagulans Market Characteristics
- Exhibit: Executive Summary – Chart on Market by Geography
- Exhibit: Executive Summary – Chart on Market Segmentation
- Exhibit: Executive Summary – Chart on Incremental Growth
- Exhibit: Executive Summary – Data Table on Incremental Growth
- Exhibit: Executive Summary – Chart on Vendor Market Positioning
Parent Market Analysis
Market overview
Market size
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- SWOT Analysis
KEY MARKET INSIGHTS
- Technology Analysis
- (Exhibit: Data Table: Name of technology and details)
- Pricing Analysis
- (Exhibit: Data Table: Name of technology and pricing details)
- Supply Chain Analysis
- (Exhibit: Detailed Supply Chain Presentation)
- Value Chain Analysis
- (Exhibit: Detailed Value Chain Presentation)
- Ecosystem Of the Market
- Exhibit: Parent Market Ecosystem Market Analysis
- Exhibit: Market Characteristics of Parent Market
- IP Analysis
- (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
- Trade Analysis
- (Exhibit: Data Table: Import and Export data details)
- Startup Analysis
- (Exhibit: Data Table: Emerging startups details)
- Raw Material Analysis
- (Exhibit: Data Table: Mapping of key raw materials)
- Innovation Matrix
- (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
- Pipeline product Analysis
- (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
- Macroeconomic Indicators
COVID IMPACT
- Introduction
- Impact On Economy—scenario Assessment
- Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
- Revised Market Size
- Exhibit: Data Table on Bacillus Coagulans Market size and forecast 2021-2027 ($ million)
- Impact Of COVID On Key Segments
- Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
- COVID Strategies By Company
- Exhibit: Analysis on key strategies adopted by companies
MARKET DYNAMICS & OUTLOOK
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- Regulatory Landscape
- Exhibit: Data Table on regulation from different region
- SWOT Analysis
- Porters Analysis
- Competitive rivalry
- Exhibit: Competitive rivalry Impact of key factors, 2021
- Threat of substitute products
- Exhibit: Threat of Substitute Products Impact of key factors, 2021
- Bargaining power of buyers
- Exhibit: buyers bargaining power Impact of key factors, 2021
- Threat of new entrants
- Exhibit: Threat of new entrants Impact of key factors, 2021
- Bargaining power of suppliers
- Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
- Competitive rivalry
- Skyquest special insights on future disruptions
- Political Impact
- Economic impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact
Market Size by Region
- Chart on Market share by geography 2021-2027 (%)
- Data Table on Market share by geography 2021-2027(%)
- North America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- USA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Canada
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Europe
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Germany
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Spain
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- France
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- UK
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Europe
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Asia Pacific
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- China
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- India
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Japan
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Korea
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Asia Pacific
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Latin America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Brazil
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of South America
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Middle East & Africa (MEA)
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- GCC Countries
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Africa
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of MEA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
KEY COMPANY PROFILES
- Competitive Landscape
- Total number of companies covered
- Exhibit: companies covered in the report, 2021
- Top companies market positioning
- Exhibit: company positioning matrix, 2021
- Top companies market Share
- Exhibit: Pie chart analysis on company market share, 2021(%)
- Total number of companies covered
Methodology
For the Bacillus Coagulans Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Bacillus Coagulans Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Bacillus Coagulans Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Bacillus Coagulans Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
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