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The Probiotic Ingredients Market is intricately shaped by a range of factors that collectively influence its trajectory. Probiotics, known for their health-promoting properties, have gained significant popularity in recent years. Market dynamics are heavily influenced by the increasing awareness among consumers about the importance of gut health and the positive impact of probiotics on overall well-being. As individuals seek healthier lifestyles, there has been a surge in demand for functional foods and beverages containing probiotic ingredients, leading to a notable expansion of the market.
One of the key drivers of the Probiotic Ingredients Market is the growing understanding of the gut-brain connection and the role of probiotics in maintaining a balanced microbiome. Research highlighting the link between gut health and various aspects of physical and mental well-being has spurred consumer interest in probiotic-rich products. This has prompted food and beverage manufacturers to incorporate probiotic ingredients into a wide array of products, from yogurt and dairy drinks to snacks and even supplements.
Health and wellness trends play a pivotal role in shaping the market dynamics. Consumers are increasingly seeking products that offer not only nutritional benefits but also support their overall health. Probiotic ingredients, known for their potential to enhance digestive health and boost the immune system, align with these consumer preferences. The market has witnessed a shift towards natural and organic products, with consumers showing a preference for probiotics sourced from natural sources like fermented foods.
Moreover, the Probiotic Ingredients Market is influenced by regulatory considerations and standards imposed by health authorities. The need for scientific substantiation of health claims associated with probiotic products has led to increased scrutiny by regulatory bodies. Manufacturers are required to adhere to stringent guidelines to ensure the safety and efficacy of their products. This regulatory landscape shapes the market by influencing product formulations, labeling, and marketing strategies.
Economic factors also contribute to the dynamics of the Probiotic Ingredients Market. While probiotic-rich foods and supplements are gaining popularity, economic fluctuations can impact consumer spending patterns. The premium price associated with some probiotic products may influence purchasing decisions, particularly during periods of economic uncertainty. However, the market has witnessed a trend of increasing consumer willingness to invest in products that offer perceived health benefits, even at a premium.
Technological advancements and research play a crucial role in driving market dynamics. Ongoing research in the field of microbiology and probiotics leads to the development of innovative strains and delivery systems. Advanced technologies enable manufacturers to enhance the stability and viability of probiotic cultures in different food and beverage formulations. This continuous innovation allows companies to differentiate their products and cater to specific consumer needs.
Competitive dynamics are another noteworthy aspect of the Probiotic Ingredients Market. The market is characterized by the presence of key players vying for market share. Companies often engage in strategic initiatives, such as product launches, partnerships, and acquisitions, to strengthen their position in the market. The competition extends beyond traditional food and beverage products, with probiotics being incorporated into a diverse range of applications, including pet food, skincare, and pharmaceuticals.
Consumer education and awareness campaigns also contribute significantly to market dynamics. As consumers become more informed about the benefits of probiotics, they are likely to make choices based on their understanding of strains, dosage, and the overall quality of probiotic products. Branding and marketing efforts that effectively communicate the science behind probiotics and their specific health benefits play a crucial role in shaping consumer preferences.
Probiotic Ingredients Market Highlights:
Global Probiotic Ingredients Market Overview
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
Probiotic Ingredients Market Trends
- Rising demand for probiotic ingredients is driving the market growth
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.
Probiotic Ingredients Market Segment Insights
Probiotic Ingredients Form Insights
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
Probiotic Ingredients Source Insights
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.
Probiotic Ingredients Application Insights
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.
Probiotic Ingredients Regional Insights
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.
Probiotic Ingredients Key Market Players & Competitive Insights
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.
Key Companies in the probiotic ingredients market include
- Allianz Biosciences Pvt. Ltd.
- Archer-Daniels-Midland Company
- BioGaia AB Chr. Hansen Holding A/S
- Danone S.A.
- DuPont de Nemours Inc.
- Evonik Industries AG
- Ganeden Inc.
- Kerry Group PLC
- Koninklijke DSM N.V.
- Lallemand Inc.
- Lifeway Foods Inc.
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.
Probiotic Ingredients Market Segmentation
Probiotic ingredients Form Outlook
- Dry
- Liquid
Probiotic ingredients Source Outlook
- Bacteria
- Yeast
Probiotic ingredients Application Outlook
- Functional Food
- Functional Beverages
- Pharmaceuticals
Probiotic ingredients Regional Outlook
- North America
- US
- Canada
- Europe
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Australia
- Rest of Asia-Pacific
- Rest of the World
- Middle East
- Africa
- Latin America
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