Global Probiotics in Human Nutrition Market

Probiotics In Human Nutrition Market Size, Share, Growth Analysis, By Type(Lactobacillus, Bifidobacterium, Saccharomyces, Streptococcus), By Application(Dietary Supplements, Functional Nutrition, Sports Nutrition, Infant Nutrition), By Region - Industry Forecast 2024-2031


Report ID: SQSG30I2045 | Region: Global | Published Date: July, 2001
Pages: 265 | Tables: 69 | Figures: 75

Probiotics In Human Nutrition Market Dynamics

Probiotics in Human Nutrition Market Driver

Customers are Becoming More Health Concerned

  • Natural food items are becoming more popular as people become more aware of the importance of living a healthy lifestyle. The probiotics industry is being driven by this rising awareness of health and nutrition goods. The intake of goods with natural ingredients, particularly probiotics, is significantly influenced by personal well-being. The market for probiotic components has grown as consumers have understood the health benefits of include probiotics in their daily diets, including better intestinal health, decreased calorie consumption, higher immunity, and improved calcium absorption.

Probiotics in Human Nutrition Market Restraint

R&D Expenses for Creating Novel Probiotic Strains Are High.

  • The probiotics market has obstacles due to sustained spending in R&D operations, investments in laboratories, research equipment, and the high cost of employing qualified personnel. The success of this market is attributed to the scientific verification of the use of probiotics in various applications. Since probiotic applications are associated with health advantages, it might be difficult for producers to get a sufficient return on their expensive initial costs.
$5,300
BUY NOW GET FREE SAMPLE
Want to customize this report?

Our industry expert will work with you to provide you with customized data in a short amount of time.

REQUEST FREE CUSTOMIZATION

FAQs

Probiotics In Human Nutrition Market size was valued at USD 58.17 billion in 2019 and is poised to grow from USD 62.53 billion in 2023 to USD 119.89 billion by 2031, growing at a CAGR of 7.5% in the forecast period (2024-2031).

The leading companies dominate the industry due to their extensive worldwide reach and reliable distributed systems. These players concentrate on various business tactics, such as establishing long-term supply agreements with numerous distribution channels, to survive the competition. Due to the availability of a target customer base in the area, significant businesses have increasingly focused on entering the Southeast Asian markets throughout the years. 'BioGaia AB', 'Chr. Hansen Holding A/S', 'Danone S.A.', 'DuPont de Nemours, Inc.', 'Fonterra Co-operative Group Limited', 'Ganeden, Inc.', 'General Mills, Inc.', 'I-Health, Inc.', 'Lallemand Inc.', 'Lifeway Foods, Inc.', 'Nestle S.A.', 'Probi AB', 'Sabinsa Corporation', 'ScandiBio Therapeutics', 'Shanghai United Cell Biotechnology Co. Ltd.', 'Société des Produits Nestlé S.A.', 'UAS Laboratories LLC', 'Valio Ltd.', 'Yakult Honsha Co., Ltd.', 'Yoplait'

Natural food items are becoming more popular as people become more aware of the importance of living a healthy lifestyle. The probiotics industry is being driven by this rising awareness of health and nutrition goods. The intake of goods with natural ingredients, particularly probiotics, is significantly influenced by personal well-being. The market for probiotic components has grown as consumers have understood the health benefits of include probiotics in their daily diets, including better intestinal health, decreased calorie consumption, higher immunity, and improved calcium absorption.

In addition to other dietary supplements, market participants have launched new products that include probiotic supplements. There are many different types of probiotic supplements, including pills, drops, capsules, and probiotics, that contain distinct probiotic strains. It's expected that producers of private label and branded goods will keep growing their product offerings in the probiotic product categories.

In 2021, North America will command a revenue share of more than 30% of the worldwide market. Because of the competitive techniques used by multinational firms, the area is seeing a significant increase in consumer awareness. Demand from nations such utilized, China, and Australia is helping to drive overall development. The expanding population, together with rising disposable income and an improved standard of life, is predicted to fuel regional market expansion.

Request Free Customization

Want to customize this report? This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time. We offer $1000 worth of FREE customization at the time of purchase.

logo-images

Feedback From Our Clients

Global Probiotics in Human Nutrition Market

Report ID: SQSG30I2045

$5,300
BUY NOW GET FREE SAMPLE