The global probiotics ingredients market size was valued at USD 2.16 billion in 2018 and is estimated to grow at a CAGR of 6.9 % from 2019 to 2026. Growing awareness as well as concerns among consumers along with preventive measures to facilitate healthy living is expected to boost the market growth over the forecast period.

Nations including China, the U.S and Germany are foreseen to have an uptrend in maturing populace over the projected time frame. Probiotic ingredients help to fortify the immune systems in maturing individuals. This factor is assessed to positively impact the probiotic ingredients market over the forecast period.

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Concerns in line with health combined with rising digestive disarranges from undesirable lifestyle is a key factor anticipated to impact the market demand. Wellbeing issue are a consequence of unhealthy lifestyles which includes long working hours, inactive way of life, smoking, deprived food habits and liquor consumption. Unhealthy food habits of consumers are expected to positively influence the industry growth over the forecast period.

Rising food manufacturing and technologically advanced spending on infrastructure throughout emerging nations is anticipated to impact the market demand emphatically. Not only across emerging economies but it is being observed that the tremendous consumption of probiotics globally is highly aligned towards the promotion of good health.

Research and development investment by organizations to upgrade viable products that have an expansive application base is anticipated to offer significant growth opportunities for industry participants. For example, Thorne Research teamed up with EXOS, an organization associated with proactive wellbeing and product performance solutions, and launched EXOS nutrition, catering to the needs of consumers ranging from everyday adults to elite athletes.

Segment Analysis

Increasing demand across dairy products segment, fermented products and nutritive nourishment and beverages is anticipated to grow steadily for the following nine years. With growing demand, spore formers are expected to have an increased market share in the near future, which on the other hand can be attributed to robust demand and growing urbanization & industrialization.

Food & Beverages emerged as the main application segment in terms of revenue. Growing demand across the primary end-use industries such as food and beverage, food processing and nutritional supplements, especially across developing regions, is expected to be a key driving factor for the growth of probiotic ingredients.

Dietary supplements segment is expected to grow at the fastest CAGR over the forecast period, where probiotic ingredients are used mostly in applications such as medical food, breakfast cereals, nutritional supplements, frozen and dairy foods.

Animal feed end-use segment is anticipated to gain considerably high market share in the near future. Increasing demand in several applications including animal husbandry and high demand for raw & processed meat over the near future may be attributed to the high growth of the product segment.

Probiotics Ingredients Market Scope

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Regional Analysis

North America demand is projected grow at a substantially faster. Growing popularity of the probiotic’s ingredients along with surging aging population in the U.S. is anticipated to have a positive influence considering the regional demand.

The European probiotics ingredients market is expected to witness considerable growth over the forecast period on account of developing food industry in France, Italy and Germany, which altogether is expected to surge the market demand. Other nations that has shown a significant growth over the period includes UK, Greece & Switzerland.

Competitive Analysis

Industry participants are engaged in wide-ranging R&D projects that improve their product portfolio offerings and also strengthen their market presence. Manufacturers engaged in the production of raw materials of these products can also distribute and supply along with facilitating the end-use category. The characterization of this industry is determined by high level of vertical and horizontal integration along with complete integration by some companies.

Such diverse integration helps companies to assimilate their businesses in an absolute cost-effective way and shields them from the difficulties posed during the procurement of raw material. Biocodex Inc. Danone Inc., Chr. Hansen Holding A/S, Lallemand Inc, and Danisco A/S. are among the ones that are into the complete industry value chain.

Report Content

Qualitative Analysis

• Industry overview
• Industry trends
• Market drivers and restraints
• Market size
• Growth prospects
• Porter’s analysis
• PESTEL Analysis
• Value Chain Analysis
• Key market opportunities prioritized
• Competitive landscape
  • Overview
  • Financials
  • Product benchmarking
  • Latest strategic developments

Quantitative Analysis

• Global probiotic ingredients market size, estimates, and forecasts from 2019 - 2026
• Global probiotic ingredients revenue estimates by type up to 2026
• Global probiotic ingredients revenue estimates by application up to 2026
• Global probiotic ingredients revenue estimates by end-use up to 2026
• Regional probiotic ingredients revenue estimates by type up to 2026
• Regional probiotic ingredients revenue estimates by application up to 2026
• Regional probiotic ingredients revenue estimates by end-use up to 2026
• Company financials