Probiotics Market to Reach $100.10 Billion by 2031 - Exclusive Report by Meticulous Research®

Probiotics are live microorganisms that offer health benefits when consumed or applied to the body. They can be found in yogurt and other fermented foods, dietary supplements, and beauty products. Beyond traditional uses, such as in yogurt, new areas like application in vaginal and urinary tract disorders are gaining traction, driven by the rising preference for antibiotic-free treatments. As scientific research expands into probiotics' applications for various health issues, including vaginal & urinary tract disorders, the demand for probiotics is anticipated to increase in the coming years.

Moreover, increasing consumer awareness of the health benefits associated with probiotics, their role as antibiotic alternatives, growing use in infant nutrition, and the rapid growth in e-commerce are expected to create market growth opportunities. However, stringent regulatory frameworks pertaining to probiotics may restrain market growth.

In recent years, the probiotics market has witnessed several product launches, expansions, mergers & acquisitions, and partnerships, agreements, and collaborations. The key players operating in the probiotics market are Probi AB (Sweden), BioGaia AB (Sweden), Nestlé S.A. (Switzerland), Novonesis Group (Denmark), Danone S.A. (France), Yakult Honsha Co., Ltd. (Japan), Lallemand Inc. (Canada), Lifeway Foods Inc. (U.S.), International Flavors & Fragrances Inc. (U.S.), Kerry Group plc (Ireland), Archer-Daniels-Midland Company (U.S.), KeVita, Inc. (a part of PepsiCo Inc.) (U.S.), Infinant Health Inc. (U.S.), Cell Biotech Co., Ltd. (Korea), and Probiotical S.p.A. (Italy).

Get a Glimpse Inside: Request Sample Pages- https://www.meticulousresearch.com/request-sample-report/cp_id=5113 

Key Findings in the Global Probiotics Market Study:

Among the strains covered in this report, the bacteria strain products segment is expected to account for the larger share of 86.4% of the probiotics market in 2024. This segment's large market share can be attributed to the increasing awareness and rising preference for nutrient-rich food products among health-conscious consumers, along with the widespread use of bacteria strain probiotics in various commercial dairy products like sour and fresh milk, yogurt, and cheese.

Among the product types covered in this report, the functional food & beverage segment is expected to account for the largest share of 68.5% of the probiotics market in 2024. This segment's large market share can be attributed to the growing consumer interest in functional food, particularly probiotics that can support digestive health, rising health and wellness trends, and the growing application of probiotics in yogurt.

Among the forms covered in this report, the dry probiotics segment is projected to register a higher CAGR of 8.5% during the forecast period. The growth of this segment can be attributed to the advantages offered by dry probiotics compared to the liquid form, including a longer shelf life, better handling and transport capabilities, ease of use, and cost-effectiveness.

Have Specific Research Needs? Request a Customized Report-

https://www.meticulousresearch.com/request-customization/cp_id=5113

Among the sales channels covered in this report, the offline sales segment is expected to account for the largest share of 75.3% of the probiotics market in 2024. This segment's large market share can be attributed to the increasing per capita disposable incomes, rising adoption of healthy eating habits, and the growing urban population. Additionally, the proliferation of pharmacies and the rapid growth of the probiotic supplements industry are expected to offer significant growth opportunities for players operating in the offline market.  

Among the end users covered in this report, the animal segment is projected to register a higher CAGR of 7.7% during the forecast period. This growth can be attributed to several factors, including increasing pressure to reduce the use of antibiotics in feed and the rising demand for meat and meat products, which are expected to drive the demand for probiotics in animal feed formulations.

Based on geography, Asia-Pacific is expected to account for the largest share of 45.6% of the probiotics market in 2024. The Asia-Pacific probiotics market is estimated to be worth USD 29.0 billion in 2024. Asia-Pacific's significant market share can be attributed to the increasing shift towards the adoption of non-dairy probiotic food (cereal-based fruit and vegetable juices), coupled with the presence of many companies in the Chinese digestive health ingredient market. Additionally, the rising consumer interest in probiotic supplements and a growing focus on improving immune health, driven by the understanding of the links between microbial activities in the gut and their effects on immunity, contributes to the increasing demand for probiotics across the region.

Browse In-depth Report Now- https://www.meticulousresearch.com/product/probiotics-market-5113 

Scope of the Report:

Probiotics Market Assessment -by Strain

Probiotics Market Assessment—by Product Type

Probiotics Market Assessment—by Form

Probiotics Market Assessment—by Sales Channel

Probiotics Market Assessment—by End User

Probiotics Market Assessment—by Geography

Unlock Opportunities: Buy Now- https://www.meticulousresearch.com/Checkout/62666884 

Related Reports

Animal Feed Probiotics Market by Source (Bacteria [Lactobacillus, Bifidobacterium, Streptococcus thermophilus, Bacillus]), Animal Type (Poultry, Ruminants, Swine, Aquaculture, Pets, Other Animals), Form (Liquid), and Geography - Global Forecast to 2029

Prebiotics Market by Ingredient (Inulin, Fructo Oligosaccharides, Galacto Oligosaccharides, Mannan Oligosaccharides), Application (Food & Beverages {Dairy Products, Beverages, Infant Food Products}, Dietary Supplements), and Geography - Global Forecast to 2029

Specialty Food Ingredients Market by Type (Proteins and Amino Acids, Enzymes, Emulsifiers, Flavors, Vitamins, Minerals), Source (Natural, Artificial), Application (Food {Bakery & Confectionery}, Beverages {Alcoholic Beverages}) - Global Forecast to 2030

Nutraceutical Ingredients Market by Product Type (Vitamins, Amino Acids, Probiotic, Minerals), Derivation Method, Form (Liquid), Application (Functional Food, Functional Beverages, Animal Nutrition), End User, and Geography - Global Forecast to 2030

Functional Ingredients Market by Type (Vitamins, Proteins and Amino Acid, Probiotics), Source (Natural), and Application (Food and Beverage [Dairy Products, Bakery & Confectionery, Energy Drinks], Pharmaceuticals, Animal Nutrition) - Global Forecast to 2030

Digestive Health Supplements Market by Type (Probiotics, Prebiotics, Enzymes), Form (Tablets, Capsules, Powder, Liquid), Distribution Channel (Convenience Store, Supermarkets, Pharmacies, E-commerce), and Geography - Global Forecast to 2031

About Meticulous Research®

Meticulous Research® was founded in 2010 and incorporated as Meticulous Market Research Pvt. Ltd. in 2013 as a private limited company under the Companies Act, 1956. Since its incorporation, the company has become the leading provider of premium market intelligence in North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.

The name of our company defines our services, strengths, and values. Since the inception, we have only thrived to research, analyze, and present the critical market data with great attention to details. With the meticulous primary and secondary research techniques, we have built strong capabilities in data collection, interpretation, and analysis of data including qualitative and quantitative research with the finest team of analysts. We design our meticulously analyzed intelligent and value-driven syndicate market research reports, custom studies, quick turnaround research, and consulting solutions to address business challenges of sustainable growth.

Contact:
Mr. Khushal Bombe
Meticulous Market Research Inc.
1267 Willis St, Ste 200 Redding,
California, 96001, U.S.
USA: +1-646-781-8004
Europe : +44-203-868-8738
APAC: +91 744-7780008
Email- [email protected]
Visit Our Website: https://www.meticulousresearch.com/
Connect with us on LinkedIn- https://www.linkedin.com/company/meticulous-research
Content Source: https://www.meticulousresearch.com/pressrelease/64/probiotics-market-2031

View original content:https://www.prnewswire.co.uk/news-releases/probiotics-market-to-reach-100-10-billion-by-2031---exclusive-report-by-meticulous-research-302161780.html