Probiotics Market Size, Share & Trends Analysis, Key Companies, Opportunities Forecast 2028


The Probiotics market size was esteemed at $36.9 billion in 2021 and is projected to reach $64.2 billion by 2028, enrolling a CAGR of 8.23%.

Probiotics Market Overview

The study examines market characteristics such as drivers, constraints, opportunities, and future trends from both the demand and supply sides, as well as market factors that will influence the market over the forecast period. The study provides a comprehensive overview of the market by utilizing both qualitative and quantitative data. It gives a high-level overview of the global market and forecasts for key segments. Each region's Probiotics market is then subdivided into countries and segments. The study examines and forecasts major countries around the world, as well as current trends and prospects in the region.

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Major Market Players

Amy’s Kitchen, Beyond Meat, Garden Protein International, Gold & Green Foods, Greenwise, Impossible Foods, Maple Leaf Foods, Morningstar Farms, Novameat, Omnipork, Quorn Foods, Surfed, The Vegetarian Butcher, Tofurky, V2food, VBites, and Zikooin.

Acquisitions, as well as partnerships and collaborations, were viewed as inorganic growth strategies in the market. These efforts have paved the way for participants in the Probiotics market to grow their client base and operations. Because of rising demand in the global sector, market participants are likely to benefit from attractive growth prospects in the future. The study also includes a comprehensive PEST analysis for each of the key regions. The study discusses market trends as well as organic and inorganic growth strategies. Product launches, product approvals, and other organic growth techniques such as patents and events are being prioritized by a number of companies.

Market Segmentation

The study includes critical information on the market positions of the leading players, as well as key market trends and opportunities. The goal of this research is to provide a thorough market segmentation of the Probiotics market based on product type, application, end user, and geography. This information will be crucial in assisting industry participants in identifying appealing market segments.

Probiotics Market Segmentation

By Ingredient:

  • Bacteria

  • Yeast

By Function:

  • Regular

  • Preventative Healthcare

  • Therapeutic

By Application:

  • Food & Beverages

  • Dietary Supplements

  • Animal Feed

By End-Use:

  • Human Probiotics

  • Animal Probiotics

Probiotics Market Segmentation, By Region

  • North America [United States, Canada]
  • Europe [Germany, France, U.K., Italy, Russia]
  • Asia-Pacific  [China, Japan, South Korea, India, Australia, China Taiwan, Indonesia, Thailand, Malaysia]
  • Latin America [Mexico, Brazil, Argentina]
  • Middle East & Africa [Turkey, Saudi Arabia, UAE]

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COVID-19 Impact Analysis

The updated study investigates the impact of COVID-19 on the Probiotics market and provides insights, analyses, estimates, and forecasts. COVID-19 is being looked into in light of changes in consumer behavior and demand, as well as purchasing habits, supply chain re-routing, market dynamics, and government involvement. All of the information gathered assists market participants in identifying market gaps as well as competitor strengths and weaknesses, allowing them to improve their product and service.

Competitive Outlook

The research also includes information on major industry players, such as business biographies, components and services provided, financial statistics, and recent developments in the Probiotics market. The competitive scenario examines the various business growth strategies employed by suppliers. Market actors use mergers, acquisitions, and market initiatives to maintain their market positions. The research also includes company biographies, SWOT analyses, and market strategies for the market's key players.

Report Customization

The Probiotics market research report will be a valuable resource for all industry participants and other stakeholders interested in learning more about the market's current status, future potential, and other critical market information.

Table of Content

Chapter 1. Executive Summary

Chapter 2. Global Market Definition and Scope

Chapter 3. Global Market Dynamics

Chapter 4. Global Probiotics Market Industry Analysis

Chapter 5. Global Probiotics Market, Segmentations

Chapter 7. Global Probiotics Market, Regional Analysis

Chapter 8. Competitive Intelligence

Chapter 9. Key Companies Analysis

Continued…

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Published in

Food , Industry

Published on

Jan 12, 2023

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