+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)
New

Australia Probiotics Market - Forecasts from 2025 to 2030

  • PDF Icon

    Report

  • 78 Pages
  • December 2024
  • Region: Australia
  • Knowledge Sourcing Intelligence LLP
  • ID: 5716747
The Australia probiotics market is anticipated to grow at a CAGR of 4.23%, reaching a market size of US$522.383 million in 2030 from US$424.595 million in 2025.

Probiotics includes microorganisms inclusive of live bacteria and yeast which when administered properly provides various benefits such as improving gut health, immune system, and also assist in weight management. The growth of the probiotics in Australia is propelled by a rising awareness of the health advantages associated with probiotics. The increasing popularity of fermented foods is further contributing to this trend. Additionally, there has been a notable increase in consumption expenditure per household, rising by 5.9% to reach $104,514 between 2020-21 and 2021-22, per the Australian Bureau of Statistics.

Moreover, the ongoing efforts to spread awareness regardingprobioticsusage and their benefits among Australian public is further providing major growth opportunities. Various market players operating in the market witnessed a significant growth in their revenues. For instance, in the financial year 2023, Biome Australia's top line product's revenue increased by 75%.

Australia Probiotics Market Drivers

Rising health problems in geriatric population is expected to propel the market expansion

Older generation account for a considerable share of the Australian population and with the ongoing changes in lifestyles demographics this portion faces frequent health problems which also arises due to change lack of physical activities. As per the Australian Institute of Health and Welfare, nearly 85% of older Australians aged 65 years & above have at least one chronic health condition whereas 28% had more than three.

Such high prevalence rate followed by the growing geriatric population in Australia is expected to bolster the demand for activate probiotics. The data provided by Australian Institute of Health and Welfare, as of June 2022, the older population constituted for 16.4% of Australia's total population and by June 2030 the percentage share is predicted to reach up to 17.8%.

Reasons for buying this report:

  • Insightful Analysis: Gain detailed market insights covering major as well as emerging geographical regions, focusing on customer segments, government policies and socio-economic factors, consumer preferences, industry verticals, other sub-segments.
  • Competitive Landscape: Understand the strategic maneuvers employed by key players globally to understand possible market penetration with the correct strategy.
  • Market Drivers & Future Trends: Explore the dynamic factors and pivotal market trends and how they will shape up future market developments.
  • Actionable Recommendations: Utilize the insights to exercise strategic decision to uncover new business streams and revenues in a dynamic environment.
  • Caters to a Wide Audience: Beneficial and cost-effective for startups, research institutions, consultants, SMEs, and large enterprises.

What do businesses use our reports for?

Industry and Market Insights, Opportunity Assessment, Product Demand Forecasting, Market Entry Strategy, Geographical Expansion, Capital Investment Decisions, Regulatory Framework & Implications, New Product Development, Competitive Intelligence

Report Coverage:

  • Historical data & forecasts from 2022 to 2030
  • Growth Opportunities, Challenges, Supply Chain Outlook, Regulatory Framework, Customer Behaviour, and Trend Analysis
  • Competitive Positioning, Strategies, and Market Share Analysis
  • Revenue Growth and Forecast Assessment of segments and regions including countries
  • Company Profiling (Strategies, Products, Financial Information, and Key Developments among others)

Australia Probiotics Market is analyzed into following segments follows:

By Ingredient

  • Bacteria
  • Yeast

By Form

  • Liquid
  • Form

By Application

  • Functional Food and Beverages
  • Dietary Supplements
  • Animal Feed

By End-User

  • Human
  • Animal

Table of Contents

1. INTRODUCTION
1.1. Market Overview
1.2. Market Definition
1.3. Scope of the Study
1.4. Market Segmentation
1.5. Currency
1.6. Assumptions
1.7. Base and Forecast Years Timeline
1.8. Key Benefits to the Stakeholder
2. RESEARCH METHODOLOGY
2.1. Research Design
2.2. Research Processes
3. EXECUTIVE SUMMARY
3.1. Key Findings
3.2. CXO Perspective
4. MARKET DYNAMICS
4.1. Market Drivers
4.2. Market Restraints
4.3. Porter's Five Forces Analysis
4.3.1. Bargaining Power of Suppliers
4.3.2. Bargaining Power of Buyers
4.3.3. Threat of New Entrants
4.3.4. Threat of Substitutes
4.3.5. Competitive Rivalry in the Industry
4.4. Industry Value Chain Analysis
4.5. Analyst View
5. AUSTRALIA PROBIOTICS MARKET BY INGREDIENT
5.1. Introduction
5.2. Bacteria
5.2.1. Lactobacilli
5.2.2. Bifidobacterium
5.2.3. Streptococcus Thermophilus
5.3. Yeast
5.3.1. Saccharomyces Boulardii
6. AUSTRALIA PROBIOTICS MARKET BY FORM
6.1. Introduction
6.2. Liquid
6.3. Dry
7. AUSTRALIA PROBIOTICS MARKET BY APPLICATION
7.1. Introduction
7.2. Functional Food and Beverage
7.3. Dietary Supplement
7.4. Animal Feed
8. AUSTRALIA PROBIOTICS MARKET BY END-USER
8.1. Introduction
8.2. Human
8.3. Animal
9. COMPETITIVE ENVIRONMENT AND ANALYSIS
9.1. Major Players and Strategy Analysis
9.2. Market Share Analysis
9.3. Mergers, Acquisitions, Agreements, and Collaborations
9.4. Competitive Dashboard
10. COMPANY PROFILES
10.1. Yakult Australia. PTY LTD
10.2. DuPont
10.3. DANONE
10.4. BJP Laboratories
10.5. Biome Australia Limited
10.6. Life-Space Probiotics
10.7. ProGood

Companies Mentioned

  • Yakult Australia. PTY LTD
  • DuPont
  • DANONE
  • BJP Laboratories
  • Biome Australia Limited
  • Life-Space Probiotics
  • ProGood

Methodology

Loading
LOADING...

Table Information