Probiotic Ingredients Market is estimated to be US$ 17.5 Billion by 2034; Expansion in the Food and Beverage Industry to Propel Market Growth

Published Date: March 2024

Probiotic Ingredients are live microorganisms that provide health benefits when consumed in adequate amounts. These microorganisms, primarily bacteria and yeasts, are considered "good" or "friendly" bacteria that are naturally found in the human gut and certain food products. The most commonly used probiotic bacteria belong to the Lactobacillus and Bifidobacterium genera.

The rapid growth of probiotic ingredients is driven by the combination of increasing consumer awareness and interest in health and wellness, scientific research supporting their efficacy, expansion in the food and beverage industry, focus on gut health, regulatory support, diversification of application areas and increasing adoption in emerging markets. Further, as consumers continue to prioritize their health and seek natural solutions, the demand for Probiotic Ingredients Market is expected to continue to rise.

The report " Probiotic Ingredients Market, By Application (Functional Foods & Beverages, Pharmaceuticals, and Animal Nutrition), By Source (Bacteria and Yeast),  By Form (Dry and Liquid), By End User (Human and Animal) and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Market Trends, Analysis, and Forecast till 2034’’

Key Highlights:

  • In August 2022, US-Based Biomedical Company Launches First Medical Probiotic Targeting Brain Health Bened Life is releasing the first gut-brain medical probiotic .A medical probiotic, a type of medical food, is "a food that is prepared for consumption or administration under the supervision of a physician and that is intended for the specific dietary management of a disease or condition that has specific nutritional requirements, based on recognized scientific principles, established by medical evaluation.
  • In August 2022, Megalabs USA Announces Launch of Two New Products in North American Market: Abintra and Glutapak R. Glutapak R is a probiotic glutamine supplement that promotes gut health and intestinal healing. Glutapak R is currently the only therapeutic intestinal product on the market that both restores healthy microflora in the gut with a clinically proven probiotic and helps to repair intestinal damage with glutamine.

Analyst View:

Probiotic ingredients are not limited to traditional food and beverage products. There is a growing trend of incorporating probiotics into diverse product categories such as dietary supplements, infant formulas, pet food, animal feed, and personal care products. The expansion into new product categories provides opportunities for market growth and innovation in utilizing probiotic ingredients.

Browse 60 market data tables* and 35 figures* through 140 slides and in-depth TOC on “Probiotic Ingredients Market, By Application (Functional Foods & Beverages, Pharmaceuticals, and Animal Nutrition), By Source (Bacteria and Yeast), By Form (Dry and Liquid), By End User (Human and Animal) and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Market Trends, Analysis, and Forecast till 2034”

Key Market Insights from the report:

Probiotic Ingredients Market accounted for US$ 3 Billion in 2024 and is estimated to be US$ 17.5 Billion by 2034 and is anticipated to register a CAGR of 12.50%. The Probiotic Ingredients Market is segmented based on Application, Source, Form, End User and Region.

  • Based on Application, Probiotic Ingredients Market is segmented into Functional Foods & Beverages, Pharmaceuticals, and Animal Nutrition.
  • Based on Source, Probiotic Ingredients Market is segmented into Bacteria and Yeast.
  • Based on Form, Probiotic Ingredients Market is segmented into Dry and Liquid.
  • Based on End User, Probiotic Ingredients Market is segmented into Human and Animal.
  • By Region, the Probiotic Ingredients Market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

Competitive Landscape & their strategies of Probiotic Ingredients Market:

The prominent players operating in the Probiotic Ingredients Market include Probi, Deerland Enzymes, Biena, Lallemand, Kerry Inc, Uas Laboratories, Bio-Cat Microbials, Sabinsa Corporation, Thera-Plantes Inc, and Probiotic America.

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