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

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).

In terms of volume, the probiotics in human nutrition market is projected to reach 3.1 million tons in 2019 at a CAGR of 9.7%. The industry is gaining traction, thanks to rising demand for Probiotics derived from natural sources. During the forecast period, it is expected to expand at the fastest CAGR in the Probiotics market.

The growing importance of preventative healthcare is one of the key factors driving global demand for probiotics. The significant production and use of probiotics is supplemented by probiotic advancements by important companies, most notably in China, Japan, and India. Key market participants have been investing in R&D operations to produce efficient probiotic strains in response to the increased demand for probiotics. The probiotics sector has also seen developments in delivery devices to improve probiotic delivery in people and animals. Over the projected period, such advancements are likely to become a trend in the sector. Probiotics are mostly offered as dietary supplements in affluent nations such as the United States. The expanding ageing population and greater consumer interest in preventative healthcare have fuelled demand for probiotic nutritional supplements.

US Probiotics In Human Nutrition Market  is poised to grow at a sustainable CAGR for the next forecast year.