Probiotics Market Surge at 6.6% CAGR and Hit $ 78 Billion By 2026

The Global Probiotics Market Size is poised to reach around USD 78 billion by 2026 and will grow at a CAGR of 6.6 % during the forecast period 2019 - 2026.

Increasing prominence of preventative medicine is one of the main drivers of probiotic demand worldwide. Innovative testing solutions by the main players, especially in nations such as China, Japan and China, are complementing significant productions and consumption of probiotics.

Following increased demand for probiotics, main market players have invested in R&D to create effective probiotic strains. The probiotics sector has also seen improvements in the provision of probios to humans and livestock in the provision of probios. Such developments are anticipated to become a trend in the sector during the prediction. Probiotics are primarily marketed as nutritional supplements in advanced nations such as the United States. The increasing aging population and enhanced customer interest in preventive health care have stimulated the demand for probiotic nutritional supplements.

In relation to other nutritional supplements, market players have launched fresh goods with additional probiotics. Test supplements comprising several probiotic types, such as probiotic drops, tablets, and capsules, are accessible in multiple forms. Probiotic product categories are likely to be extended by private label manufacturers and branded product groups. The increasing product lines and diversification in this sector are aimed at enabling producers to meet varied trends in demand worldwide. The same factor is the rise in the manufacturing quantity of retail channels in line with changing customer tastes and preferences.

Asia Pacific dominated the probiotics sector by around 40% in 2018. During the prediction period, the area is anticipated to maintain its prominent role. The area has had a major impact on the implementation of probios in the last century. This is due to the level of health awareness in the area combined with greater availability of probiotic products. Another important observation regarding probiotic consumption in Asia Pacific is the increasing popularity of probiotic vegetarian goods, due to the healthy rise in consumer vegetarianism.

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Over the years, the market in probiotics for Asia Pacific has also seen prominent industry members introduce fresh launch / product innovations. For example, Yakult Danone launched probiotic beverages in a fresh version in India in February 2018. New formulations were in place including Vitamin D & E with the Shirota (LcS) strain of Lactobacillus casei. Due to the big consumer base, such developments are anticipated to increase in the region during the forecast period.

Key Players

Probiotic drinks appeared in 2018 with a turnover of about USD 40 billion as the biggest market segment for product type. Cereal-based fermented drinks with a probiotic content are widely consumed worldwide, thus helping the segment grow.

The section of bacteria should dominate the market over the entire forecasted era as regards the ingredient. The segment's development is motivated to keep urogenital health / vaginal health by the growing use of bacteria.

For end use, over the forecast period, the segment of animal probiotics is projected to grow by comparatively quickly over 7%. Increasing emphasis on improving animal health has fueled the demand for animal nutritional probiotics.

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The biggest and fastest-growing regional segment in Asia Pacific is predicted to be over the forecast term. Over the projected era the platform for a good and powerful development has been launched in new prebiotics, innovations in probiotics distribution technologies and the participation of important players.

Key Players & Strategies

Lallemand Inc.; Danisco AS; Hansen, Danone; Nestle; and Chr. Arla Foods, Inc.; are some of the main actors in the industry. Through established distribution channels, those players guide the market with their worldwide presence. The main players conclude long-term supply contracts with different distribution channels to resist competition. The focus of important players in the South-East Asian markets is increasingly being seen over the years because of the region's substantial consumer base.

TABLE OF CONTENT

CHAPTER 1. INDUSTRY OVERVIEW

1.1. Definition and Scope
1.1.1. Definition of Probiotics
1.1.2. Market Segmentation
1.1.3. List of Abbreviations
1.2. Summary
1.2.1. Market Snapshot
1.2.2. Probiotics Market By Product
1.2.2.1. Global Probiotics Market Revenue and Growth Rate Comparison By Product (2015-2026)
1.2.2.2. Global Probiotics Market Revenue Share By Product in 2017
1.2.2.3. Animal Feed Probiotics
1.2.2.4. Probiotic Dietary Supplements
1.2.2.4.1. Specialty Supplements
1.2.2.4.2. Food Supplements
1.2.2.4.3. Nutritional Supplements
1.2.2.4.4. Infant Formula
1.2.2.5. Probiotic Food & Beverages
1.2.2.5.1. Cereals
1.2.2.5.2. Baked Food
1.2.2.5.3. Dairy
1.2.2.5.4. Non-dairy
1.2.2.5.5. Dry Food
1.2.2.5.6. Fermented Meat
1.2.3. Probiotics Market By End Use
1.2.3.1. Global Probiotics Market Revenue and Growth Rate Comparison By End Use (2015-2026)
1.2.3.2. Animal Probiotics
1.2.3.3. Human Probiotics
1.2.4. Probiotics Market By Ingredient
1.2.4.1. Global Probiotics Market Revenue and Growth Rate Comparison By Ingredient (2015-2026)
1.2.4.2. Yeast
1.2.4.3. Bacteria
1.2.5. Probiotics Market By Distribution Channel
1.2.5.1. Global Probiotics Market Revenue and Growth Rate Comparison By Distribution Channel (2015-2026)
1.2.5.2. Pharmacies/Drugstores
1.2.5.3. Hypermarkets/Supermarkets
1.2.5.4. Online Stores
1.2.5.5. Specialty Stores
1.2.6. Probiotics Market by Geography
1.2.6.1. Global Probiotics Market Revenue and Growth Rate Comparison by Geography (2015-2026)
1.2.6.2. North America Probiotics Market Revenue and Growth Rate (2015-2026)
1.2.6.3. Europe Probiotics Market Revenue and Growth Rate (2015-2026)
1.2.6.4. Asia-Pacific Probiotics Market Revenue and Growth Rate (2015-2026)
1.2.6.5. Latin America Probiotics Market Revenue and Growth Rate (2015-2026)
1.2.6.6. Middle East and Africa (MEA) Probiotics Market Revenue and Growth Rate (2015-2026)

CHAPTER 2. MARKET DYNAMICS AND COMPETITION ANALYSIS

2.1. Market Drivers
2.2. Restraints and Challenges
2.3. Growth Opportunities
2.4. Porter’s Five Forces Analysis
2.4.1. Bargaining Power of Suppliers
2.4.2. Bargaining Power of Buyers
2.4.3. Threat of Substitute
2.4.4. Threat of New Entrants
2.4.5. Degree of Competition
2.5. Value Chain Analysis
2.6. Cost Structure Analysis
2.6.1. Raw Material and Suppliers
2.6.2. Manufacturing Process Analysis
2.7. Regulatory Compliance
2.8. Competitive Landscape, 2017
2.8.1. Player Positioning Analysis
2.8.2. Key Strategies Adopted By Leading Players

CHAPTER 3. MANUFACTURING PLANTS ANALYSIS

3.1. Capacity and Commercial Production Date of Global Probiotics Major Manufacturers in 2017
3.2. Manufacturing Plants Distribution of Global Probiotics Major Manufacturers in 2017
3.3. R&D Status and Technology Type of Global Probiotics Major Manufacturers in 2017
3.4. Raw Materials Sources Analysis of Global Probiotics Major Manufacturers in 2017

CHAPTER 4. PROBIOTICS MARKET BY PRODUCT

4.1. Global Probiotics Revenue By Product
4.2. Animal Feed Probiotics
4.2.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.2.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
4.3. Probiotic Dietary Supplements
4.3.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.3.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
4.3.3. Specialty Supplements
4.3.4. Food Supplements
4.3.5. Nutritional Supplements
4.3.6. Infant Formula
4.4. Probiotic Food & Beverages
4.4.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.4.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
4.4.3. Cereals
4.4.4. Baked Food
4.4.5. Dairy
4.4.6. Non-dairy
4.4.7. Dry Food
4.4.8. Fermented Meat

CHAPTER 5. PROBIOTICS MARKET BY END USE

5.1. Global Probiotics Revenue By End Use
5.2. Animal Probiotics
5.2.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.2.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
5.3. Human Probiotics
5.3.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.3.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)

CHAPTER 6. PROBIOTICS MARKET BY INGREDIENT

6.1. Global Probiotics Revenue By Ingredient
6.2. Yeast
6.2.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
6.2.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
6.3. Bacteria
6.3.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
6.3.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)

CHAPTER 7. PROBIOTICS MARKET BY DISTRIBUTION CHANNEL

7.1. Global Probiotics Revenue By Distribution Channel
7.2. Pharmacies/Drugstores
7.2.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
7.2.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
7.3. Hypermarkets/Supermarkets
7.3.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
7.3.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
7.4. Online Stores
7.4.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
7.4.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
7.5. Specialty Stores
7.5.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
7.5.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)

CHAPTER 8. NORTH AMERICA PROBIOTICS MARKET BY COUNTRY

8.1. North America Probiotics Market Revenue and Growth Rate, 2015 - 2026 ($Million)
8.2. North America Probiotics Market Revenue Share Comparison, 2015 & 2026 (%)
8.3. U.S.
8.3.1. U.S. Probiotics Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
8.3.2. Market Revenue and Forecast By End Use, 2015 - 2026 ($Million)
8.3.3. Market Revenue and Forecast By Ingredient, 2015 - 2026 ($Million)
8.3.4. Market Revenue and Forecast By Distribution Channel, 2015 - 2026 ($Million)
8.4. Canada
8.4.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
8.4.2. Market Revenue and Forecast By End Use, 2015 - 2026 ($Million)
8.4.3. Market Revenue and Forecast By Ingredient, 2015 - 2026 ($Million)
8.4.4. Market Revenue and Forecast By Distribution Channel, 2015 - 2026 ($Million)
8.5. Mexico
8.5.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
8.5.2. Market Revenue and Forecast By End Use, 2015 - 2026 ($Million)
8.5.3. Market Revenue and Forecast By Ingredient, 2015 - 2026 ($Million)
8.5.4. Market Revenue and Forecast By Distribution Channel, 2015 - 2026 ($Million)

CHAPTER 9. EUROPE PROBIOTICS MARKET BY COUNTRY

9.1. Europe Probiotics Market Revenue and Growth Rate, 2015 - 2026 ($Million)
9.2. Europe Probiotics Market Revenue Share Comparison, 2015 & 2026 (%)
9.3. UK
9.3.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
9.3.2. Market Revenue and Forecast By End Use, 2015 - 2026 ($Million)
9.3.3. Market Revenue and Forecast By Ingredient, 2015 - 2026 ($Million)
9.3.4. Market Revenue and Forecast By Distribution Channel, 2015 - 2026 ($Million)
9.4. Germany
9.4.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
9.4.2. Market Revenue and Forecast By End Use, 2015 - 2026 ($Million)
9.4.3. Market Revenue and Forecast By Ingredient, 2015 - 2026 ($Million)
9.4.4. Market Revenue and Forecast By Distribution Channel, 2015 - 2026 ($Million)
9.5. France
9.5.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
9.5.2. Market Revenue and Forecast By End Use, 2015 - 2026 ($Million)
9.5.3. Market Revenue and Forecast By Ingredient, 2015 - 2026 ($Million)
9.5.4. Market Revenue and Forecast By Distribution Channel, 2015 - 2026 ($Million)
9.6. Spain
9.6.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
9.6.2. Market Revenue and Forecast By End Use, 2015 - 2026 ($Million)
9.6.3. Market Revenue and Forecast By Ingredient, 2015 - 2026 ($Million)
9.6.4. Market Revenue and Forecast By Distribution Channel, 2015 - 2026 ($Million)
9.7. Rest of Europe
9.7.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
9.7.2. Market Revenue and Forecast By End Use, 2015 - 2026 ($Million)
9.7.3. Market Revenue and Forecast By Ingredient, 2015 - 2026 ($Million)
9.7.4. Market Revenue and Forecast By Distribution Channel, 2015 - 2026 ($Million)

CHAPTER 10. ASIA-PACIFIC PROBIOTICS MARKET BY COUNTRY

10.1. Asia-Pacific Probiotics Market Revenue and Growth Rate, 2015 - 2026 ($Million)
10.2. Asia-Pacific Probiotics Market Revenue Share Comparison, 2015 & 2026 (%)
10.3. China
10.3.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
10.3.2. Market Revenue and Forecast By End Use, 2015 - 2026 ($Million)
10.3.3. Market Revenue and Forecast By Ingredient, 2015 - 2026 ($Million)
10.3.4. Market Revenue and Forecast By Distribution Channel, 2015 - 2026 ($Million)
10.4. Japan
10.4.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
10.4.2. Market Revenue and Forecast By End Use, 2015 - 2026 ($Million)
10.4.3. Market Revenue and Forecast By Ingredient, 2015 - 2026 ($Million)
10.4.4. Market Revenue and Forecast By Distribution Channel, 2015 - 2026 ($Million)
10.5. India
10.5.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
10.5.2. Market Revenue and Forecast By End Use, 2015 - 2026 ($Million)
10.5.3. Market Revenue and Forecast By Ingredient, 2015 - 2026 ($Million)
10.5.4. Market Revenue and Forecast By Distribution Channel, 2015 - 2026 ($Million)
10.6. Australia
10.6.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
10.6.2. Market Revenue and Forecast By End Use, 2015 - 2026 ($Million)
10.6.3. Market Revenue and Forecast By Ingredient, 2015 - 2026 ($Million)
10.6.4. Market Revenue and Forecast By Distribution Channel, 2015 - 2026 ($Million)
10.7. South Korea
10.7.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
10.7.2. Market Revenue and Forecast By End Use, 2015 - 2026 ($Million)
10.7.3. Market Revenue and Forecast By Ingredient, 2015 - 2026 ($Million)
10.7.4. Market Revenue and Forecast By Distribution Channel, 2015 - 2026 ($Million)
10.8. Rest of Asia-Pacific
10.8.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
10.8.2. Market Revenue and Forecast By End Use, 2015 - 2026 ($Million)
10.8.3. Market Revenue and Forecast By Ingredient, 2015 - 2026 ($Million)
10.8.4. Market Revenue and Forecast By Distribution Channel, 2015 - 2026 ($Million)

CHAPTER 11. LATIN AMERICA PROBIOTICS MARKET BY COUNTRY

11.1. Latin America Probiotics Market Revenue and Growth Rate, 2015 - 2026 ($Million)
11.2. Latin America Probiotics Market Revenue Share Comparison, 2015 & 2026 (%)
11.3. Brazil
11.3.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
11.3.2. Market Revenue and Forecast By End Use, 2015 - 2026 ($Million)
11.3.3. Market Revenue and Forecast By Ingredient, 2015 - 2026 ($Million)
11.3.4. Market Revenue and Forecast By Distribution Channel, 2015 - 2026 ($Million)
11.4. Argentina
11.4.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
11.4.2. Market Revenue and Forecast By End Use, 2015 - 2026 ($Million)
11.4.3. Market Revenue and Forecast By Ingredient, 2015 - 2026 ($Million)
11.4.4. Market Revenue and Forecast By Distribution Channel, 2015 - 2026 ($Million)
11.5. Rest of Latin America
11.5.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
11.5.2. Market Revenue and Forecast By End Use, 2015 - 2026 ($Million)
11.5.3. Market Revenue and Forecast By Ingredient, 2015 - 2026 ($Million)
11.5.4. Market Revenue and Forecast By Distribution Channel, 2015 - 2026 ($Million)

CHAPTER 12. MIDDLE EAST PROBIOTICS MARKET BY COUNTRY

12.1. Middle East Probiotics Market Revenue and Growth Rate, 2015 - 2026 ($Million)
12.2. Middle East Probiotics Market Revenue Share Comparison, 2015 & 2026 (%)
12.3. Saudi Arabia
12.3.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
12.3.2. Market Revenue and Forecast By End Use, 2015 - 2026 ($Million)
12.3.3. Market Revenue and Forecast By Ingredient, 2015 - 2026 ($Million)
12.3.4. Market Revenue and Forecast By Distribution Channel, 2015 - 2026 ($Million)
12.4. UAE
12.4.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
12.4.2. Market Revenue and Forecast By End Use, 2015 - 2026 ($Million)
12.4.3. Market Revenue and Forecast By Ingredient, 2015 - 2026 ($Million)
12.4.4. Market Revenue and Forecast By Distribution Channel, 2015 - 2026 ($Million)
12.5. Rest of Middle East
12.5.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
12.5.2. Market Revenue and Forecast By End Use, 2015 - 2026 ($Million)
12.5.3. Market Revenue and Forecast By Ingredient, 2015 - 2026 ($Million)
12.5.4. Market Revenue and Forecast By Distribution Channel, 2015 - 2026 ($Million)

CHAPTER 13. AFRICA PROBIOTICS MARKET BY COUNTRY

13.1. Africa Probiotics Market Revenue and Growth Rate, 2015 - 2026 ($Million)
13.2. Africa Probiotics Market Revenue Share Comparison, 2015 & 2026 (%)
13.3. South Africa
13.3.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
13.3.2. Market Revenue and Forecast By End Use, 2015 - 2026 ($Million)
13.3.3. Market Revenue and Forecast By Ingredient, 2015 - 2026 ($Million)
13.3.4. Market Revenue and Forecast By Distribution Channel, 2015 - 2026 ($Million)
13.4. Egypt
13.4.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
13.4.2. Market Revenue and Forecast By End Use, 2015 - 2026 ($Million)
13.4.3. Market Revenue and Forecast By Ingredient, 2015 - 2026 ($Million)
13.4.4. Market Revenue and Forecast By Distribution Channel, 2015 - 2026 ($Million)
13.5. Rest of Africa
13.5.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
13.5.2. Market Revenue and Forecast By End Use, 2015 - 2026 ($Million)
13.5.3. Market Revenue and Forecast By Ingredient, 2015 - 2026 ($Million)
13.5.4. Market Revenue and Forecast By Distribution Channel, 2015 - 2026 ($Million)

CHAPTER 14. COMPANY PROFILE

14.1. Lallemand Inc.
14.1.1. Company Snapshot
14.1.2. Overview
14.1.3. Financial Overview
14.1.4. Type Portfolio
14.1.5. Key Developments
14.1.6. Strategies
14.2. Danisco AS
14.2.1. Company Snapshot
14.2.2. Overview
14.2.3. Financial Overview
14.2.4. Type Portfolio
14.2.5. Key Developments
14.2.6. Strategies
14.3. Hansen
14.3.1. Company Snapshot
14.3.2. Overview
14.3.3. Financial Overview
14.3.4. Type Portfolio
14.3.5. Key Developments
14.3.6. Strategies
14.4. Danone
14.4.1. Company Snapshot
14.4.2. Overview
14.4.3. Financial Overview
14.4.4. Type Portfolio
14.4.5. Key Developments
14.4.6. Strategies
14.5. Nestle
14.5.1. Company Snapshot
14.5.2. Overview
14.5.3. Financial Overview
14.5.4. Type Portfolio
14.5.5. Key Developments
14.5.6. Strategies
14.6. Chr. Arla Foods, Inc.
14.6.1. Company Snapshot
14.6.2. Overview
14.6.3. Financial Overview
14.6.4. Type Portfolio
14.6.5. Key Developments
14.6.6. Strategies
14.7. Others
14.7.1. Company Snapshot
14.7.2. Overview
14.7.3. Financial Overview
14.7.4. Type Portfolio
14.7.5. Key Developments
14.7.6. Strategies

CHAPTER 15. RESEARCH APPROACH

15.1. Research Methodology
15.1.1. Initial Data Search
15.1.2. Secondary Research
15.1.3. Primary Research
15.2. Assumptions and Scope

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