Probiotic Ingredients Market Size was valued at USD 6.09 billion in 2023. The Probiotic Ingredients market industry is projected to grow from USD 6.51 Billion in 2024 to USD 10.39140335 billion by 2032, exhibitinga compound annual growth rate (CAGR) of 6.01% during the forecast period (2024 - 2032). Rising awareness regarding the health benefits of probiotics and increasing application areas are the key market drivers enhancing market growth.
Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review
Antibiotics are highly effective in curing diseases within the least possible time, but their side effects are well-known and clear. The follow-up of anti-infection agents using a probiotic diet has gained importance over the years due to rising consumer awareness. Consumption of a probiotic diet after antibiotic treatment results in the expansion of helpful microbes, which are likely to strengthen immunity and protect the body from further illnesses during recovery. Probiotic supplements such as Probiotics, florists, and Align are gaining popularity due to their unique probiotic ingredient types. Probioslim ingredients blend prebiotics and prebiotics, while florastor ingredients contain a unique probiotic yeast strain. On the other hand, Align probiotic supplement contains a strain of Probiotics that is clinically proven to promote digestive health. The diverse types of probiotic ingredients and supplements available in the market CAGR are driving its growth, catering to the varied needs of consumers.
Additionally, Probiotics are used to prevent conditions such as urinary tract infections, bacterial vaginosis, and oral health issues. Additionally, they can be used to prevent respiratory infections, necrotizing enterocolitis, and bowel disorders. An increase in awareness among the masses worldwide related to the consumption of healthy products is expected to drive the industry’s growth in the forthcoming years. Moreover, consumers are highly aware of the benefits of improved gut health. Probiotics utilized in animal nutrition has received positive responses from farmers, pet owners, and cattle feeders. Animals have very complicated digestive systems owing to their unorganized eating habits. Thus, including probiotics in feed helps improve their gut health, boost immunity, and enhance overall performance. Livestock-based food products provide high-value proteins and are important sources of a wide range of essential micronutrients to consumers. Traditionally, antibiotics have been utilized as remedial measures to enable animals to fight against microbial infections, resulting in improved productivity and profitability for livestock owners.Thus, these factors are driving the Probiotic Ingredients market revenue.
Based on Form, the Probiotic Ingredients market segmentation includes dry, liquid. The dry category is projected to dominate the market during the forecast period owing to lower costs in transportation when compared with the liquid Form. The dry form of probiotic ingredients has a higher shelf-life, so manufacturers and suppliers prefer it.
Figure1: Probiotic Ingredients Market, by Form, 2022 & 2032 (USD billion)
Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review
Based on Source, the Probiotic Ingredients market segmentation includes bacteria, yeast. The bacteria segment accounted for a larger share of the probiotic ingredients market. The bacterial strains in probiotic foods provide health benefits, such as increased lactase production, diarrhea prevention, irritable bowel syndrome (IBS) prevention, and enhanced Lactobacilli immunity. The yeast segment is projected to record a higher CAGR during the forecast period, with the increasing demand for Saccharomyces boulardii, a unique, harmless, and tropical yeast having several beneficial effects on human intestinal health.
Based on Application, the Probiotic Ingredients market segmentation includes functional food, functional beverages, and pharmaceuticals. The pharmaceuticals segment is growing at the highest rate owing to a spike in diseases such as antibiotic-associated diarrhea, inflammatory bowel disease, lactose intolerance, irritable bowel syndrome, vaginal infections, rheumatoid arthritis, liver cirrhosis, and immune enhancement. The intake of dietary supplements for overall improvement in health among consumers would drive the segment's growth during the forecast period.
By Region, the study provides market insights into North America, Europe, Asia-Pacific, and the Rest of the World. The North American probiotic ingredients market will dominate due to rising awareness regarding the health benefits of probiotics, and increasing application areas will boost the market growth in this RegionRegion.
Further, the major countries studied in the market report are The U.S., Canada, German, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.
Figure2: PROBIOTIC INGREDIENTS MARKET SHARE BY REGION 2022 (%)
Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review
Europe's Probiotic Ingredients market accounts for the second-largest market share owing to the increasing popularity of prebiotics to maintain gut health. Further, the German Probiotic Ingredients market held the largest market share, and the UK Probiotic Ingredients market was the fastest growing market in the European Region
The Asia-Pacific Probiotic Ingredients Market is expected to grow at the fastest CAGR from 2023 to 2032. This is because consumers are becoming more health-conscious and inclined towards products that offer both convenience and nutritional value; this factor is proving positive for the probiotic ingredients market growth in the foreseeable timeframe. Moreover, China’s Probiotic Ingredients market held the largest market share, and the Indian Probiotic Ingredients market was the fastest-growing market in the Asia-Pacific region.
Leading market players are investing heavily in research and development in order to expand their product lines, which will help the Probiotic Ingredients market, grow even more. Market participants are also undertaking various strategic activities to expand their footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. The probiotic ingredients industry must offer cost-effective items to expand and survive in a more competitive and rising market climate.
Manufacturing locally to minimize operational costs is one of the key business tactics manufacturers use in the Probiotic Ingredients industry to benefit clients and increase the market sector. In recent years, the Probiotic Ingredients industry has offered some of the most significant advantages to medicine. Major players in the Probiotic Ingredients market, Allianz Biosciences Pvt. Ltd., Archer-Daniels-Midland Company, BioGaia AB Chr. Hansen Holding A/S, DanoneS.A., DuPont de Nemours Inc., Evonik Industries AG, GanedenInc., Kerry Group PLC, Koninklijke DSM N.V., Lallemand Inc.,Lifeway Foods Inc., and others, are attempting to increase market demand by investing in research and development operations.
Robert Atkins formed Atkins Nutritionals, Inc. to promote the Atkins diet's low-carbohydrate packaged meals. It is now a subsidiary of Simply Good Foods Company. Low-carbohydrate bars, shake, and snacks are available from the company. Atkins Nutritionals, Inc. was formed in 1989 as Complementary Formulations. In 1998, the company was renamed Atkins Nutritionals. It was created to enhance the Atkins diet. After reading a research paper in the Journal of the American Medical Association, Atkins created the plan. Alfred W. Pennington published the paper "Weight Reduction" in 1958. Atkins used the study's findings to help him overcome his obesity. In May 2019, A partnership agreement between Atkins and CHEF'D was signed. Our collaboration sought to create a low-carb meal solution for consumers concerned about their health and lifestyle.
Brunswick Corporation, formerly known as the Brunswick-Balke-Collender Company, is an American firm founded in 1845 that has been inventing, manufacturing, and distributing a wide range of products. Brunswick now employs over 13,000 people in 24 countries. Among the various boating brands Brunswick owns are Sea Ray, Boston Whaler, Bayliner, Mercury Marine, Attwood, Lund, Crestliner, Mastervolt, MotorGuide, Harris Pontoons, Freedom Boat Club, Princecraft, Heyday, Lowe, Uttern, Quicksilver, CZone. In June 2019, A partnership agreement was inked between BRUNSWICK Company and VIR Zoom to launch a product called VIR Zoom solution. This collaboration, if correctly executed, was expected to transform Life Fitness' se3 explore bikes into a virtual reality experience.
Probi is a company focused exclusively on researching, manufacturing, and delivering prebiotics for supplements and functional food. We are experts at managing stable, live bacteria from R&D through every stage of the manufacturing process. We are dedicated to making the health-enhancing benefits of prebiotics available to people everywhere. Robust clinical documentation supports our health concepts, formulations, and formats. Since our founding in 1991 at Sweden's Lund University, Probi has expanded its operations to more than 40 markets. We hold more than 400 patents globally. Probi enters a strategic joint venture with the US-based health and wellness company Viva5 Group.
Deerland Probiotic & Enzymes specializes in developing science-backed solutions that benefit microbiome health, using probiotic, probiotic, and enzyme technology.Deerland Probiotic &Enzymes announced its acquisition of Bifodan A/S.
Probiotic Ingredients Industry Developments
June 2021: Kerry Inc. announced a partnership with BIO CAT Inc., a Virginia-based biotech company specializing in breakthrough enzyme product development. Kerry leads the sales, marketing, and distribution of BIO-CAT's proprietary probiotic strain, OPTI-BIOME MB40.
February 2021: Kerry Group Inc. announced plans to acquire the Spanish company Biosearch Life. Based in Granada, Spain, BioSearch Life is active in the nutraceutical and functional food sectors. The company has a range of probiotics, including premium probiotics obtained from human breast milk and natural omega-3.
November 2020: Ireland's Kerry Group acquired the Quebec family-owned biotechnology company, Bio-K+ International Inc., allowing the Bio-K+ brand to expand globally through Kerry; this expanded the probiotic ingredients portfolio of Kerry.
| Report Attribute/Metric | Details |
| Market Size 2023 | USD 6.09 billion |
| Market Size 2024 | USD 6.51 billion |
| Market Size 2032 | USD 10.39140335 billion |
| Compound Annual Growth Rate (CAGR) | 6.01%(2024-2032) |
| Base Year | 2023 |
| Market Forecast Period | 2024-2032 |
| Historical Data | 2018- 2022 |
| Market Forecast Units | Value (USD Billion) |
| Report Coverage | Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends |
| Segments Covered | Form, Source,Application, and Region |
| Geographies Covered | North America, Europe, AsiaPacific, and the Rest of the World |
| Countries Covered | The U.S., Canada, German, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil |
| Key Companies Profiled | Allianz Biosciences Pvt. Ltd., Archer-Daniels-Midland Company, BioGaia AB Chr. Hansen Holding A/S, DanoneS.A., DuPont de Nemours Inc., Evonik Industries AG, GanedenInc., Kerry Group PLC, Koninklijke DSM N.V., Lallemand Inc., Lifeway Foods Inc |
| Key Market Opportunities | Rising awareness regarding the health benefits of Probiotic |
| Key Market Dynamics | Increasing application areas |
Probiotic Ingredients Market Highlights:
Frequently Asked Questions (FAQ) :
The Probiotic Ingredients market size was valued at USD 6.09 Billion in 2023.
The market is projected to grow at a CAGR of 6.01% during the forecast period, 2024-2032.
North America had the largest share of the market
The key players in the market areAllianz Biosciences Pvt. Ltd., Archer-Daniels-Midland Company, and BioGaia AB Chr. Hansen Holding A/S, DanoneS.A., DuPont de Nemours Inc., Evonik Industries AG, GanedenInc., Kerry Group PLC, Koninklijke DSM N.V., Lallemand Inc., Lifeway Foods Inc.
The Dry Probiotic Ingredients category dominated the market in 2023.
Bacteria had the largest share in the market.
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Senior Research Analyst I have a bachelor's degree in mechanical engineering and an mba. i have more than two years of expertise in the retail, food, and beverage, chemical, and material industries, and hence have developed a sound cross-domain expertise. a firm believer in lifelong learning and sharing of knowledge. having a proclivity for hatching ideas and trying to absorb as much information as possible in a short amount of time. introducing corporates to the data and insight, which enables them to move from probability to possibility, has been my key areas of interest.
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