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Probiotic Strains Market by Type (Lactobacillus, Bifidobacterium, Streptococcus, Saccharomyces, Others), by Form (Powder, Capsules/Tablets, Liquid, Gummies, Others), by Application (Functional Food & Beverages, Dietary Supplement, Pharmaceuticals, Animal Feed, Others), by Distribution Channel (Pharmacies and Drugstores, Supermarkets and Hypermarkets, E-commerce, Health Food Stores, Others), by North America (U.S., Canada), by Europe (UK, Germany, France, Italy, Spain, Russia), by Asia Pacific (China, India, Japan, South Korea, Indonesia, Australia, Malaysia), by Latin America (Brazil, Mexico, Argentina), by MEA (UAE, Saudi Arabia, South Africa, Egypt) Forecast 2025-2033
The size of the Probiotic Strains Market market was valued at USD 5.54 Billion in 2023 and is projected to reach USD 9.56 Billion by 2032, with an expected CAGR of 8.1% during the forecast period. Probiotic strains market is seeing huge growth with an increase in the demand of gut health products. These products are increasing as awareness among the customers increases with regard to how probiotics help in maintaining a healthy gut, increase immunity, and well-being in general. Probiotics are live microorganisms, such as bacteria, which, when administered in adequate amounts, confer health benefits on the host. The probiotics market comprises mainly dairy products like yogurt, fermented foods, dietary supplements, and beverages. The growing number of people opting for plant-based and dairy-free probiotics is also boosting demand in the market. More consumers are now opting for non-traditional, non-dairy products, and these are mainly evolving from increased digestive disorders, more interest in preventive health care, and increased attention being paid to gut microbiota functions in maintaining health. The market is classified into the following strain types: Lactobacillus, Bifidobacterium, and Saccharomyces boulardii, which can be further classified on the basis of their applications in food and beverages, dietary supplements, and animal feed. North America and Europe are leading markets while the Asia-Pacific region is emerging as a rapidly growing due to the changed dietary habits and rising disposable incomes. Major players present in this market include Danone, Nestlé, Chr. Hansen, and Yakult are emphasizing product lines with more options for strain-specific formulations and are increasing their investments in research and development to benefit from the burgeoning demand for probiotic-rich products.
The market is moderately concentrated, with key players holding a significant market share. Major players are pursuing innovation through R&D to develop new probiotic strains with enhanced functionality. Regulations governing probiotic labeling and claims impact industry dynamics. Product substitutes, such as prebiotics and antibiotics, pose challenges to market growth. The end-user concentration is fragmented, with demand coming from various segments. The market has witnessed a moderate level of mergers and acquisitions.
Rising Health Consciousness: Increasing health awareness among consumers drives demand for probiotics as a natural way to improve well-being.
Personalized Probiotics: The market is shifting towards personalized probiotic solutions tailored to individual needs, offering targeted health benefits.
Expansion in Functional Foods and Beverages: The incorporation of probiotics into food and beverage applications is a major trend, with products such as fermented dairy drinks, probiotic yogurts, and fortified cereals gaining popularity.
Pet Probiotics: The growing pet care industry is witnessing increased adoption of probiotics for pet health and wellness.
Key Region: Asia Pacific is the largest market for probiotic strains, driven by increasing disposable income, health awareness, and the presence of a large population base.
Dominating Segment: Lactobacillus and Bifidobacterium are the most dominant probiotic types, accounting for a significant market share due to their well-established health effects.
The report provides comprehensive coverage of the probiotic strains market, including:
Market Size: The global probiotic strains market is estimated to reach 10.96 Billion by 2028, growing at a CAGR of 8.1% during the forecast period.
Market Share: Chr. Hansen, Danone, and DuPont are the top players in the market, holding a combined share of over 50%.
Growth: Growth is primarily driven by rising health consciousness, product innovation, and expanding applications in functional foods and beverages.
In Apr 2023, Nestlé and private equity firm PAI collaborated to establish a joint venture for Nestlé's frozen pizza business in Europe.
Aspects | Details |
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Study Period | 2019-2033 |
Base Year | 2024 |
Estimated Year | 2025 |
Forecast Period | 2025-2033 |
Historical Period | 2019-2024 |
Growth Rate | CAGR of 8.1% from 2019-2033 |
Segmentation |
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Note* : In applicable scenarios
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