Press

Probiotics Market Size: North America Emerges as Leader with 36% Share

Date:

The global probiotics market size is anticipated to reach USD 115.07 billion by 2029, growing at a CAGR of 8.39%, according to the research report by Arizton Advisory and Intelligence.   

The comprehensive report unveils valuable market trends, growth opportunities, and the competitive landscape of the business. With in-depth analysis and meticulous research, this report serves as a strategic guide for industry players, investors, and decision-makers, offering a comprehensive understanding of the current global probiotics market dynamics and future prospects.   

 

The global probiotics market is segmented by product (functional food & beverages and dietary supplements), ingredients (bacteria and yeast), age group (adults and pediatrics), distribution channels (supermarkets & hypermarkets, departmental stores, drug stores, and online stores), application (digestive health, immune health, metabolic health, and others), geography (North America, Europe, APAC, Latin America, and Middle East & Africa) – Focused Insights 2024-2029. 

   

In 2023, the global probiotics market for yeast is projected to reach $12.76 billion by 2029. Saccharomyces boulardii, a tropical yeast commonly used in probiotics, plays a significant role. It supports intestinal health by protecting against pathogens and effectively treats and prevents conditions such as antibiotic-associated diarrhea (AAD) and Clostridium difficile infections. Additionally, Saccharomyces boulardii aids in managing HIV/AIDS-associated diarrhea and enhances eradication rates in Helicobacter pylori infections. It is used in beer fermentation, dairy products, and functional foods in the food and beverage industry. It offers benefits like cholesterol reduction and has antioxidant, antibacterial, antiviral, and anti-carcinogenic properties.  

 

The major players focus on strategic acquisitions, licensing, and collaboration agreements with emerging players to enter the probiotics industry and access commercially launched products. For instance, in 2022, Nestle launched a product in infant microbiome under the brand name WYETH S-26 ULTIMA in collaboration with Pennington Biomedical Research Center.  

 

North America Leads Probiotics Market with 36% Share in 2023  

In 2023, North America held over 36% of the global probiotics market share. This dominance is driven by growing health consciousness and increasing awareness among consumers. The rising demand for digestive health products has prompted food and beverage producers to launch new offerings with digestive benefits. Companies are employing strategies such as mergers, acquisitions, and strategic partnerships to enhance their market presence. For example, in 2021, BioGaia introduced Immune Boost in collaboration with Everidis in North America. This product line includes drops for young children, tablets for children, and capsules for adults, reflecting the region's focus on expanding its probiotic offerings.  

 

Are You Ready to Download the Free Sample Report? Click: https://www.arizton.com/market-reports/probiotics-market 

 

The Global Probiotics Market Trends and Opportunities 

The probiotics market is experiencing rapid growth, fueled by several key trends and opportunities across various sectors. The increasing demand for probiotics, driven by consumer preferences for healthier diets, e-commerce expansion, and rising awareness of gut health, is transforming the landscape for industry players worldwide. 

E-Commerce Drives Probiotics Sales 

Consumers today have unprecedented access to probiotics, available through retail stores, company websites, and popular e-commerce platforms such as Amazon, Carrefour, and E. Leclerc. Major probiotics manufacturers are leveraging the power of online sales channels to expand their reach, capitalizing on the growing e-commerce market. With advancements in digital advertising tools like Google Ads, Facebook Ads, and other platforms, companies are better equipped to target consumers with precision, further fueling growth in the e-commerce sector. This shift is providing businesses with the necessary exposure and enabling easy access for customers looking to improve their health through probiotic products. 

Rising Acceptance of Probiotic-Based Dietary Supplements 

Amid increasing health awareness, probiotics are gaining traction as essential dietary supplements. Consumers are increasingly prioritizing balanced diets that promote overall well-being, and probiotics play a crucial role in maintaining gut health. With the rise of diseases linked to poor nutrition and unhealthy lifestyle habits, more individuals are turning to probiotics for their proven benefits, such as immune system support and weight management. Probiotic-based dietary supplements are seen as a powerful way to enhance a balanced diet, offering critical nutrients that promote both mental and physical health. 

High Consumption of Dairy-Based Probiotic Products 

The probiotics market is also witnessing significant demand in the dairy sector. The rise in consumer knowledge about functional foods has increased interest in products enriched with probiotics, offering various health benefits for both humans and animals. Dairy-based drinks containing probiotics, particularly those with L. rhamnosus GG bacteria, are experiencing widespread consumption across Europe, standing out as a popular option among probiotic beverages. This strain, widely recognized for its effectiveness, is also used in numerous industrial applications, leading companies to focus on developing new probiotic formulations in functional foods. 

As these trends continue to shape the market, probiotics are expected to play an increasingly prominent role in the global health and wellness sector. Businesses in this space are poised for growth, with new innovations and opportunities emerging as consumer demand for probiotics continues to expand. 

 

Pediatrics: The Fastest Growing Segment with a CAGR of 8.87%.  

Probiotics market for pediatrics to grow substantially  

In 2023, the global probiotics market for pediatrics is projected to reach $29.17 billion by 2029.   

Pediatrics encompasses infants, toddlers, children, and teenagers. Research indicates that probiotics can significantly benefit gut health in children. The American Academy of Pediatrics notes that probiotics effectively treat antibiotic-associated diarrhea, viral gastroenteritis, irritable bowel syndrome (IBS), atopy, infantile colic, and ulcerative colitis, and reduce food allergies. Daily probiotic use over three months can alleviate diarrhea and respiratory issues in children. However, probiotics may pose risks for children with cancer or weakened immune systems.  

Probiotics for young children are available in powder or drop forms, commonly administered through milk, water, or food. It is crucial to avoid adding probiotics to hot liquids or foods, as high temperatures can destroy their effectiveness. Companies guide proper usage to ensure probiotics' health benefits while maintaining the product's integrity.  

 

Why This Report?  

This report provides  

A thorough insight into the structure and size of each industry segment.  

An Analysis of several micro-market indicators considering growth factors, industry prospects, and strategic contribution to the industry.  

Overviews of top manufacturers/marketed products, pipeline analysis, clinical trial analysis, competitive landscape, vendor profiles, mergers & acquisitions.  

Provide strategic planning, such as comprehensively understanding consumer behavior, competitors, new product development, geographic market expansion, and merger & acquisition pipelines.  

Insights to formulate effective sales and marketing strategies by understanding the competitive landscape and analyzing various competitors' performance.  

Identifies emerging players with potentially strong product portfolios and creates effective counter strategies to gain a competitive advantage.   

   

Buy this Research Now @ https://www.arizton.com/market-reports/probiotics-market  

   

Do you know? The global prebiotics market is on a significant upward trajectory, projected to grow from $6.95 billion in 2023 to $13.26 billion by 2029 at a CAGR of 11.37%   

    

About Us:   

Arizton Advisory and Intelligence is an innovative and quality-driven firm that offers cutting-edge research solutions to clients worldwide. We excel in providing comprehensive market intelligence reports and advisory and consulting services.   

We offer comprehensive market research reports on consumer goods & retail technology, automotive and mobility, smart tech, healthcare, life sciences, industrial machinery, chemicals, materials, I.T. and media, logistics, and packaging. These reports contain detailed industry analysis, market size, share, growth drivers, and trend forecasts.   

Arizton comprises a team of exuberant and well-experienced analysts who have mastered generating incisive reports. Our specialist analysts possess exemplary skills in market research. We train our team in advanced research practices, techniques, and ethics to outperform in fabricating impregnable research reports.   

  

Contact Us   

Call: +1-312-235-2040     

+1 302 469 0707     

Mail:enquiry@arizton.com   

Contact Us:https://www.arizton.com/contact-us   

Blog:https://www.arizton.com/blog   

Website: https://www.arizton.com/


Related Reports

Recent Press