+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)

Probiotics Market 2024-2028

  • PDF Icon

    Report

  • 167 Pages
  • November 2023
  • Region: Global
  • TechNavio
  • ID: 5019139
1h Free Analyst Time
1h Free Analyst Time

Speak directly to the analyst to clarify any post sales queries you may have.

The probiotics market is forecasted to grow by USD 32.06 billion during 2023-2028, accelerating at a CAGR of 7.84% during the forecast period. The report on the probiotics market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by health benefits of probiotics, product innovations, and increasing investments in R&D.

The probiotics market is segmented as below:

By End-user

  • Human probiotics
  • Animal probiotics

By Product

  • Probiotic functional food and beverage
  • Dietary supplements
  • Animal feed

By Geographical Landscape

  • APAC
  • Europe
  • North America
  • Middle East and Africa
  • South America
This study identifies the launch of new products as one of the prime reasons driving the probiotics market growth during the next few years. Also, merger and acquisition among vendors and increasing application of probiotics in cosmetic industry will lead to sizable demand in the market.

The report on the probiotics market covers the following areas:

  • Probiotics market sizing
  • Probiotics market forecast
  • Probiotics market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading probiotics market vendors that include AnaBio Technologies, Archer Daniels Midland Co., BioGaia AB, Chr Hansen Holding AS, Danone SA, Dr. Willmar Schwabe GmbH and Co. KG, DuPont de Nemours Inc., Farmhouse Culture Inc., General Mills Inc., Kerry Group Plc, Lallemand Inc., Lifeway Foods Inc., Microbiome Labs UK Ltd., Nestle SA, Novozymes AS, PepsiCo Inc., Probulin Probiotics LLC, SANZYME BIOLOGICS PVT. LTD., SIG Group AG, Symrise AG, Thats it Nutrition LLC, Natures Bounty, Uncle Matts Organic, and Yakult Honsha Co. Ltd.. Also, the probiotics market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Table of Contents

1 Executive Summary
1.1 Market overview
Exhibit 01: Executive Summary - Chart on Market Overview
Exhibit 02: Executive Summary - Data Table on Market Overview
Exhibit 03: Executive Summary - Chart on Global Market Characteristics
Exhibit 04: Executive Summary - Chart on Market By Geographical Landscape
Exhibit 05: Executive Summary - Chart on Market Segmentation by End-user
Exhibit 06: Executive Summary - Chart on Market Segmentation by Product
Exhibit 07: Executive Summary - Chart on Incremental Growth
Exhibit 08: Executive Summary - Data Table on Incremental Growth
Exhibit 09: Executive Summary - Chart on Vendor Market Positioning
2 Market Landscape
2.1 Market ecosystem
Exhibit 10: Parent market
Exhibit 11: Market Characteristics
3 Market Sizing
3.1 Market definition
Exhibit 12: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 13: Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
Exhibit 14: Chart on Global - Market size and forecast 2023-2028 ($ billion)
Exhibit 15: Data Table on Global - Market size and forecast 2023-2028 ($ billion)
Exhibit 16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
Exhibit 17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)
4 Historic Market Size
4.1 Global probiotics market 2018 - 2022
Exhibit 18: Historic Market Size - Data Table on global probiotics market 2018 - 2022 ($ billion)
4.2 End-user Segment Analysis 2018 - 2022
Exhibit 19: Historic Market Size - End-user Segment 2018 - 2022 ($ billion)
4.3 Product Segment Analysis 2018 - 2022
Exhibit 20: Historic Market Size - Product Segment 2018 - 2022 ($ billion)
4.4 Geography Segment Analysis 2018 - 2022
Exhibit 21: Historic Market Size - Geography Segment 2018 - 2022 ($ billion)
4.5 Country Segment Analysis 2018 - 2022
Exhibit 22: Historic Market Size - Country Segment 2018 - 2022 ($ billion)
5 Five Forces Analysis
5.1 Five forces summary
Exhibit 23: Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
Exhibit 24: Chart on Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
Exhibit 25: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
Exhibit 26: Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
Exhibit 27: Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
Exhibit 28: Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
Exhibit 29: Chart on Market condition - Five forces 2023 and 2028
6 Market Segmentation by End-user
6.1 Market segments
Exhibit 30: Chart on End-user - Market share 2023-2028 (%)
Exhibit 31: Data Table on End-user - Market share 2023-2028 (%)
6.2 Comparison by End-user
Exhibit 32: Chart on Comparison by End-user
Exhibit 33: Data Table on Comparison by End-user
6.3 Human probiotics - Market size and forecast 2023-2028
Exhibit 34: Chart on Human probiotics - Market size and forecast 2023-2028 ($ billion)
Exhibit 35: Data Table on Human probiotics - Market size and forecast 2023-2028 ($ billion)
Exhibit 36: Chart on Human probiotics - Year-over-year growth 2023-2028 (%)
Exhibit 37: Data Table on Human probiotics - Year-over-year growth 2023-2028 (%)
6.4 Animal probiotics - Market size and forecast 2023-2028
Exhibit 38: Chart on Animal probiotics - Market size and forecast 2023-2028 ($ billion)
Exhibit 39: Data Table on Animal probiotics - Market size and forecast 2023-2028 ($ billion)
Exhibit 40: Chart on Animal probiotics - Year-over-year growth 2023-2028 (%)
Exhibit 41: Data Table on Animal probiotics - Year-over-year growth 2023-2028 (%)
6.5 Market opportunity by End-user
Exhibit 42: Market opportunity by End-user ($ billion)
Exhibit 43: Data Table on Market opportunity by End-user ($ billion)
7 Market Segmentation by Product
7.1 Market segments
Exhibit 44: Chart on Product - Market share 2023-2028 (%)
Exhibit 45: Data Table on Product - Market share 2023-2028 (%)
7.2 Comparison by Product
Exhibit 46: Chart on Comparison by Product
Exhibit 47: Data Table on Comparison by Product
7.3 Probiotic functional food and beverage - Market size and forecast 2023-2028
Exhibit 48: Chart on Probiotic functional food and beverage - Market size and forecast 2023-2028 ($ billion)
Exhibit 49: Data Table on Probiotic functional food and beverage - Market size and forecast 2023-2028 ($ billion)
Exhibit 50: Chart on Probiotic functional food and beverage - Year-over-year growth 2023-2028 (%)
Exhibit 51: Data Table on Probiotic functional food and beverage - Year-over-year growth 2023-2028 (%)
7.4 Dietary supplements - Market size and forecast 2023-2028
Exhibit 52: Chart on Dietary supplements - Market size and forecast 2023-2028 ($ billion)
Exhibit 53: Data Table on Dietary supplements - Market size and forecast 2023-2028 ($ billion)
Exhibit 54: Chart on Dietary supplements - Year-over-year growth 2023-2028 (%)
Exhibit 55: Data Table on Dietary supplements - Year-over-year growth 2023-2028 (%)
7.5 Animal feed - Market size and forecast 2023-2028
Exhibit 56: Chart on Animal feed - Market size and forecast 2023-2028 ($ billion)
Exhibit 57: Data Table on Animal feed - Market size and forecast 2023-2028 ($ billion)
Exhibit 58: Chart on Animal feed - Year-over-year growth 2023-2028 (%)
Exhibit 59: Data Table on Animal feed - Year-over-year growth 2023-2028 (%)
7.6 Market opportunity by Product
Exhibit 60: Market opportunity by Product ($ billion)
Exhibit 61: Data Table on Market opportunity by Product ($ billion)
8 Customer Landscape
8.1 Customer landscape overview
Exhibit 62: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
9 Geographic Landscape
9.1 Geographic segmentation
Exhibit 63: Chart on Market share By Geographical Landscape 2023-2028 (%)
Exhibit 64: Data Table on Market share By Geographical Landscape 2023-2028 (%)
9.2 Geographic comparison
Exhibit 65: Chart on Geographic comparison
Exhibit 66: Data Table on Geographic comparison
9.3 APAC - Market size and forecast 2023-2028
Exhibit 67: Chart on APAC - Market size and forecast 2023-2028 ($ billion)
Exhibit 68: Data Table on APAC - Market size and forecast 2023-2028 ($ billion)
Exhibit 69: Chart on APAC - Year-over-year growth 2023-2028 (%)
Exhibit 70: Data Table on APAC - Year-over-year growth 2023-2028 (%)
9.4 Europe - Market size and forecast 2023-2028
Exhibit 71: Chart on Europe - Market size and forecast 2023-2028 ($ billion)
Exhibit 72: Data Table on Europe - Market size and forecast 2023-2028 ($ billion)
Exhibit 73: Chart on Europe - Year-over-year growth 2023-2028 (%)
Exhibit 74: Data Table on Europe - Year-over-year growth 2023-2028 (%)
9.5 North America - Market size and forecast 2023-2028
Exhibit 75: Chart on North America - Market size and forecast 2023-2028 ($ billion)
Exhibit 76: Data Table on North America - Market size and forecast 2023-2028 ($ billion)
Exhibit 77: Chart on North America - Year-over-year growth 2023-2028 (%)
Exhibit 78: Data Table on North America - Year-over-year growth 2023-2028 (%)
9.6 Middle East and Africa - Market size and forecast 2023-2028
Exhibit 79: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
Exhibit 80: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
Exhibit 81: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
Exhibit 82: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
9.7 South America - Market size and forecast 2023-2028
Exhibit 83: Chart on South America - Market size and forecast 2023-2028 ($ billion)
Exhibit 84: Data Table on South America - Market size and forecast 2023-2028 ($ billion)
Exhibit 85: Chart on South America - Year-over-year growth 2023-2028 (%)
Exhibit 86: Data Table on South America - Year-over-year growth 2023-2028 (%)
9.8 Japan - Market size and forecast 2023-2028
Exhibit 87: Chart on Japan - Market size and forecast 2023-2028 ($ billion)
Exhibit 88: Data Table on Japan - Market size and forecast 2023-2028 ($ billion)
Exhibit 89: Chart on Japan - Year-over-year growth 2023-2028 (%)
Exhibit 90: Data Table on Japan - Year-over-year growth 2023-2028 (%)
9.9 US - Market size and forecast 2023-2028
Exhibit 91: Chart on US - Market size and forecast 2023-2028 ($ billion)
Exhibit 92: Data Table on US - Market size and forecast 2023-2028 ($ billion)
Exhibit 93: Chart on US - Year-over-year growth 2023-2028 (%)
Exhibit 94: Data Table on US - Year-over-year growth 2023-2028 (%)
9.10 Germany - Market size and forecast 2023-2028
Exhibit 95: Chart on Germany - Market size and forecast 2023-2028 ($ billion)
Exhibit 96: Data Table on Germany - Market size and forecast 2023-2028 ($ billion)
Exhibit 97: Chart on Germany - Year-over-year growth 2023-2028 (%)
Exhibit 98: Data Table on Germany - Year-over-year growth 2023-2028 (%)
9.11 China - Market size and forecast 2023-2028
Exhibit 99: Chart on China - Market size and forecast 2023-2028 ($ billion)
Exhibit 100: Data Table on China - Market size and forecast 2023-2028 ($ billion)
Exhibit 101: Chart on China - Year-over-year growth 2023-2028 (%)
Exhibit 102: Data Table on China - Year-over-year growth 2023-2028 (%)
9.12 UK - Market size and forecast 2023-2028
Exhibit 103: Chart on UK - Market size and forecast 2023-2028 ($ billion)
Exhibit 104: Data Table on UK - Market size and forecast 2023-2028 ($ billion)
Exhibit 105: Chart on UK - Year-over-year growth 2023-2028 (%)
Exhibit 106: Data Table on UK - Year-over-year growth 2023-2028 (%)
9.13 Market opportunity By Geographical Landscape
Exhibit 107: Market opportunity By Geographical Landscape ($ billion)
Exhibit 108: Data Tables on Market opportunity By Geographical Landscape ($ billion)
10 Drivers, Challenges, and Trends
10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
Exhibit 109: Impact of drivers and challenges in 2023 and 2028
10.4 Market trends
11 Vendor Landscape
11.1 Overview
11.2 Vendor landscape
Exhibit 110: Overview on Criticality of inputs and Factors of differentiation
11.3 Landscape disruption
Exhibit 111: Overview on factors of disruption
11.4 Industry risks
Exhibit 112: Impact of key risks on business
12 Vendor Analysis
12.1 Vendors covered
Exhibit 113: Vendors covered
12.2 Market positioning of vendors
Exhibit 114: Matrix on vendor position and classification
12.3 Archer Daniels Midland Co.
Exhibit 115: Archer Daniels Midland Co. - Overview
Exhibit 116: Archer Daniels Midland Co. - Business segments
Exhibit 117: Archer Daniels Midland Co. - Key offerings
Exhibit 118: Archer Daniels Midland Co. - Segment focus
12.4 BioGaia AB
Exhibit 119: BioGaia AB - Overview
Exhibit 120: BioGaia AB - Business segments
Exhibit 121: BioGaia AB - Key news
Exhibit 122: BioGaia AB - Key offerings
Exhibit 123: BioGaia AB - Segment focus
12.5 Chr Hansen Holding AS
Exhibit 124: Chr Hansen Holding AS - Overview
Exhibit 125: Chr Hansen Holding AS - Business segments
Exhibit 126: Chr Hansen Holding AS - Key news
Exhibit 127: Chr Hansen Holding AS - Key offerings
Exhibit 128: Chr Hansen Holding AS - Segment focus
12.6 Danone SA
Exhibit 129: Danone SA - Overview
Exhibit 130: Danone SA - Business segments
Exhibit 131: Danone SA - Key news
Exhibit 132: Danone SA - Key offerings
Exhibit 133: Danone SA - Segment focus
12.7 DuPont de Nemours Inc.
Exhibit 134: DuPont de Nemours Inc. - Overview
Exhibit 135: DuPont de Nemours Inc. - Business segments
Exhibit 136: DuPont de Nemours Inc. - Key news
Exhibit 137: DuPont de Nemours Inc. - Key offerings
Exhibit 138: DuPont de Nemours Inc. - Segment focus
12.8 Farmhouse Culture Inc.
Exhibit 139: Farmhouse Culture Inc. - Overview
Exhibit 140: Farmhouse Culture Inc. - Product / Service
Exhibit 141: Farmhouse Culture Inc. - Key offerings
12.9 Kerry Group Plc
Exhibit 142: Kerry Group Plc - Overview
Exhibit 143: Kerry Group Plc - Business segments
Exhibit 144: Kerry Group Plc - Key offerings
Exhibit 145: Kerry Group Plc - Segment focus
12.10 Lallemand Inc.
Exhibit 146: Lallemand Inc. - Overview
Exhibit 147: Lallemand Inc. - Product / Service
Exhibit 148: Lallemand Inc. - Key offerings
12.11 Lifeway Foods Inc.
Exhibit 149: Lifeway Foods Inc. - Overview
Exhibit 150: Lifeway Foods Inc. - Product / Service
Exhibit 151: Lifeway Foods Inc. - Key offerings
12.12 Nestle SA
Exhibit 152: Nestle SA - Overview
Exhibit 153: Nestle SA - Business segments
Exhibit 154: Nestle SA - Key news
Exhibit 155: Nestle SA - Key offerings
Exhibit 156: Nestle SA - Segment focus
12.13 Novozymes AS
Exhibit 157: Novozymes AS - Overview
Exhibit 158: Novozymes AS - Business segments
Exhibit 159: Novozymes AS - Key news
Exhibit 160: Novozymes AS - Key offerings
Exhibit 161: Novozymes AS - Segment focus
12.14 Probulin Probiotics LLC
Exhibit 162: Probulin Probiotics LLC - Overview
Exhibit 163: Probulin Probiotics LLC - Product / Service
Exhibit 164: Probulin Probiotics LLC - Key offerings
12.15 Symrise AG
Exhibit 165: Symrise AG - Overview
Exhibit 166: Symrise AG - Business segments
Exhibit 167: Symrise AG - Key offerings
Exhibit 168: Symrise AG - Segment focus
12.16 Thats it Nutrition LLC
Exhibit 169: Thats it Nutrition LLC - Overview
Exhibit 170: Thats it Nutrition LLC - Product / Service
Exhibit 171: Thats it Nutrition LLC - Key offerings
12.17 Uncle Matts Organic
Exhibit 172: Uncle Matts Organic - Overview
Exhibit 173: Uncle Matts Organic - Product / Service
Exhibit 174: Uncle Matts Organic - Key offerings
13 Appendix
13.1 Scope of the report
13.2 Inclusions and exclusions checklist
Exhibit 175: Inclusions checklist
Exhibit 176: Exclusions checklist
13.3 Currency conversion rates for US$
Exhibit 177: Currency conversion rates for US$
13.4 Research methodology
Exhibit 178: Research methodology
Exhibit 179: Validation techniques employed for market sizing
Exhibit 180: Information sources
13.5 List of abbreviations
Exhibit 181: List of abbreviations
List of Exhibits
Exhibit 1: Executive Summary - Chart on Market Overview
Exhibit 2: Executive Summary - Data Table on Market Overview
Exhibit 3: Executive Summary - Chart on Global Market Characteristics
Exhibit 4: Executive Summary - Chart on Market By Geographical Landscape
Exhibit 5: Executive Summary - Chart on Market Segmentation by End-user
Exhibit 6: Executive Summary - Chart on Market Segmentation by Product
Exhibit 7: Executive Summary - Chart on Incremental Growth
Exhibit 8: Executive Summary - Data Table on Incremental Growth
Exhibit 9: Executive Summary - Chart on Vendor Market Positioning
Exhibit 10: Parent market
Exhibit 11: Market Characteristics
Exhibit 12: Offerings of vendors included in the market definition
Exhibit 13: Market segments
Exhibit 14: Chart on Global - Market size and forecast 2023-2028 ($ billion)
Exhibit 15: Data Table on Global - Market size and forecast 2023-2028 ($ billion)
Exhibit 16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
Exhibit 17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)
Exhibit 18: Historic Market Size - Data Table on global probiotics market 2018 - 2022 ($ billion)
Exhibit 19: Historic Market Size - End-user Segment 2018 - 2022 ($ billion)
Exhibit 20: Historic Market Size - Product Segment 2018 - 2022 ($ billion)
Exhibit 21: Historic Market Size - Geography Segment 2018 - 2022 ($ billion)
Exhibit 22: Historic Market Size - Country Segment 2018 - 2022 ($ billion)
Exhibit 23: Five forces analysis - Comparison between 2023 and 2028
Exhibit 24: Chart on Bargaining power of buyers - Impact of key factors 2023 and 2028
Exhibit 25: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
Exhibit 26: Threat of new entrants - Impact of key factors in 2023 and 2028
Exhibit 27: Threat of substitutes - Impact of key factors in 2023 and 2028
Exhibit 28: Threat of rivalry - Impact of key factors in 2023 and 2028
Exhibit 29: Chart on Market condition - Five forces 2023 and 2028
Exhibit 30: Chart on End-user - Market share 2023-2028 (%)
Exhibit 31: Data Table on End-user - Market share 2023-2028 (%)
Exhibit 32: Chart on Comparison by End-user
Exhibit 33: Data Table on Comparison by End-user
Exhibit 34: Chart on Human probiotics - Market size and forecast 2023-2028 ($ billion)
Exhibit 35: Data Table on Human probiotics - Market size and forecast 2023-2028 ($ billion)
Exhibit 36: Chart on Human probiotics - Year-over-year growth 2023-2028 (%)
Exhibit 37: Data Table on Human probiotics - Year-over-year growth 2023-2028 (%)
Exhibit 38: Chart on Animal probiotics - Market size and forecast 2023-2028 ($ billion)
Exhibit 39: Data Table on Animal probiotics - Market size and forecast 2023-2028 ($ billion)
Exhibit 40: Chart on Animal probiotics - Year-over-year growth 2023-2028 (%)
Exhibit 41: Data Table on Animal probiotics - Year-over-year growth 2023-2028 (%)
Exhibit 42: Market opportunity by End-user ($ billion)
Exhibit 43: Data Table on Market opportunity by End-user ($ billion)
Exhibit 44: Chart on Product - Market share 2023-2028 (%)
Exhibit 45: Data Table on Product - Market share 2023-2028 (%)
Exhibit 46: Chart on Comparison by Product
Exhibit 47: Data Table on Comparison by Product
Exhibit 48: Chart on Probiotic functional food and beverage - Market size and forecast 2023-2028 ($ billion)
Exhibit 49: Data Table on Probiotic functional food and beverage - Market size and forecast 2023-2028 ($ billion)
Exhibit 50: Chart on Probiotic functional food and beverage - Year-over-year growth 2023-2028 (%)
Exhibit 51: Data Table on Probiotic functional food and beverage - Year-over-year growth 2023-2028 (%)
Exhibit 52: Chart on Dietary supplements - Market size and forecast 2023-2028 ($ billion)
Exhibit 53: Data Table on Dietary supplements - Market size and forecast 2023-2028 ($ billion)
Exhibit 54: Chart on Dietary supplements - Year-over-year growth 2023-2028 (%)
Exhibit 55: Data Table on Dietary supplements - Year-over-year growth 2023-2028 (%)
Exhibit 56: Chart on Animal feed - Market size and forecast 2023-2028 ($ billion)
Exhibit 57: Data Table on Animal feed - Market size and forecast 2023-2028 ($ billion)
Exhibit 58: Chart on Animal feed - Year-over-year growth 2023-2028 (%)
Exhibit 59: Data Table on Animal feed - Year-over-year growth 2023-2028 (%)
Exhibit 60: Market opportunity by Product ($ billion)
Exhibit 61: Data Table on Market opportunity by Product ($ billion)
Exhibit 62: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibit 63: Chart on Market share By Geographical Landscape 2023-2028 (%)
Exhibit 64: Data Table on Market share By Geographical Landscape 2023-2028 (%)
Exhibit 65: Chart on Geographic comparison
Exhibit 66: Data Table on Geographic comparison
Exhibit 67: Chart on APAC - Market size and forecast 2023-2028 ($ billion)
Exhibit 68: Data Table on APAC - Market size and forecast 2023-2028 ($ billion)
Exhibit 69: Chart on APAC - Year-over-year growth 2023-2028 (%)
Exhibit 70: Data Table on APAC - Year-over-year growth 2023-2028 (%)
Exhibit 71: Chart on Europe - Market size and forecast 2023-2028 ($ billion)
Exhibit 72: Data Table on Europe - Market size and forecast 2023-2028 ($ billion)
Exhibit 73: Chart on Europe - Year-over-year growth 2023-2028 (%)
Exhibit 74: Data Table on Europe - Year-over-year growth 2023-2028 (%)
Exhibit 75: Chart on North America - Market size and forecast 2023-2028 ($ billion)
Exhibit 76: Data Table on North America - Market size and forecast 2023-2028 ($ billion)
Exhibit 77: Chart on North America - Year-over-year growth 2023-2028 (%)
Exhibit 78: Data Table on North America - Year-over-year growth 2023-2028 (%)
Exhibit 79: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
Exhibit 80: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
Exhibit 81: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
Exhibit 82: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
Exhibit 83: Chart on South America - Market size and forecast 2023-2028 ($ billion)
Exhibit 84: Data Table on South America - Market size and forecast 2023-2028 ($ billion)
Exhibit 85: Chart on South America - Year-over-year growth 2023-2028 (%)
Exhibit 86: Data Table on South America - Year-over-year growth 2023-2028 (%)
Exhibit 87: Chart on Japan - Market size and forecast 2023-2028 ($ billion)
Exhibit 88: Data Table on Japan - Market size and forecast 2023-2028 ($ billion)
Exhibit 89: Chart on Japan - Year-over-year growth 2023-2028 (%)
Exhibit 90: Data Table on Japan - Year-over-year growth 2023-2028 (%)
Exhibit 91: Chart on US - Market size and forecast 2023-2028 ($ billion)
Exhibit 92: Data Table on US - Market size and forecast 2023-2028 ($ billion)
Exhibit 93: Chart on US - Year-over-year growth 2023-2028 (%)
Exhibit 94: Data Table on US - Year-over-year growth 2023-2028 (%)
Exhibit 95: Chart on Germany - Market size and forecast 2023-2028 ($ billion)
Exhibit 96: Data Table on Germany - Market size and forecast 2023-2028 ($ billion)
Exhibit 97: Chart on Germany - Year-over-year growth 2023-2028 (%)
Exhibit 98: Data Table on Germany - Year-over-year growth 2023-2028 (%)
Exhibit 99: Chart on China - Market size and forecast 2023-2028 ($ billion)
Exhibit 100: Data Table on China - Market size and forecast 2023-2028 ($ billion)
Exhibit 101: Chart on China - Year-over-year growth 2023-2028 (%)
Exhibit 102: Data Table on China - Year-over-year growth 2023-2028 (%)
Exhibit 103: Chart on UK - Market size and forecast 2023-2028 ($ billion)
Exhibit 104: Data Table on UK - Market size and forecast 2023-2028 ($ billion)
Exhibit 105: Chart on UK - Year-over-year growth 2023-2028 (%)
Exhibit 106: Data Table on UK - Year-over-year growth 2023-2028 (%)
Exhibit 107: Market opportunity By Geographical Landscape ($ billion)
Exhibit 108: Data Tables on Market opportunity By Geographical Landscape ($ billion)
Exhibit 109: Impact of drivers and challenges in 2023 and 2028
Exhibit 110: Overview on Criticality of inputs and Factors of differentiation
Exhibit 111: Overview on factors of disruption
Exhibit 112: Impact of key risks on business
Exhibit 113: Vendors covered
Exhibit 114: Matrix on vendor position and classification
Exhibit 115: Archer Daniels Midland Co. - Overview
Exhibit 116: Archer Daniels Midland Co. - Business segments
Exhibit 117: Archer Daniels Midland Co. - Key offerings
Exhibit 118: Archer Daniels Midland Co. - Segment focus
Exhibit 119: BioGaia AB - Overview
Exhibit 120: BioGaia AB - Business segments
Exhibit 121: BioGaia AB - Key news
Exhibit 122: BioGaia AB - Key offerings
Exhibit 123: BioGaia AB - Segment focus
Exhibit 124: Chr Hansen Holding AS - Overview
Exhibit 125: Chr Hansen Holding AS - Business segments
Exhibit 126: Chr Hansen Holding AS - Key news
Exhibit 127: Chr Hansen Holding AS - Key offerings
Exhibit 128: Chr Hansen Holding AS - Segment focus
Exhibit 129: Danone SA - Overview
Exhibit 130: Danone SA - Business segments
Exhibit 131: Danone SA - Key news
Exhibit 132: Danone SA - Key offerings
Exhibit 133: Danone SA - Segment focus
Exhibit 134: DuPont de Nemours Inc. - Overview
Exhibit 135: DuPont de Nemours Inc. - Business segments
Exhibit 136: DuPont de Nemours Inc. - Key news
Exhibit 137: DuPont de Nemours Inc. - Key offerings
Exhibit 138: DuPont de Nemours Inc. - Segment focus
Exhibit 139: Farmhouse Culture Inc. - Overview
Exhibit 140: Farmhouse Culture Inc. - Product / Service
Exhibit 141: Farmhouse Culture Inc. - Key offerings
Exhibit 142: Kerry Group Plc - Overview
Exhibit 143: Kerry Group Plc - Business segments
Exhibit 144: Kerry Group Plc - Key offerings
Exhibit 145: Kerry Group Plc - Segment focus
Exhibit 146: Lallemand Inc. - Overview
Exhibit 147: Lallemand Inc. - Product / Service
Exhibit 148: Lallemand Inc. - Key offerings
Exhibit 149: Lifeway Foods Inc. - Overview
Exhibit 150: Lifeway Foods Inc. - Product / Service
Exhibit 151: Lifeway Foods Inc. - Key offerings
Exhibit 152: Nestle SA - Overview
Exhibit 153: Nestle SA - Business segments
Exhibit 154: Nestle SA - Key news
Exhibit 155: Nestle SA - Key offerings
Exhibit 156: Nestle SA - Segment focus
Exhibit 157: Novozymes AS - Overview
Exhibit 158: Novozymes AS - Business segments
Exhibit 159: Novozymes AS - Key news
Exhibit 160: Novozymes AS - Key offerings
Exhibit 161: Novozymes AS - Segment focus
Exhibit 162: Probulin Probiotics LLC - Overview
Exhibit 163: Probulin Probiotics LLC - Product / Service
Exhibit 164: Probulin Probiotics LLC - Key offerings
Exhibit 165: Symrise AG - Overview
Exhibit 166: Symrise AG - Business segments
Exhibit 167: Symrise AG - Key offerings
Exhibit 168: Symrise AG - Segment focus
Exhibit 169: Thats it Nutrition LLC - Overview
Exhibit 170: Thats it Nutrition LLC - Product / Service
Exhibit 171: Thats it Nutrition LLC - Key offerings
Exhibit 172: Uncle Matts Organic - Overview
Exhibit 173: Uncle Matts Organic - Product / Service
Exhibit 174: Uncle Matts Organic - Key offerings
Exhibit 175: Inclusions checklist
Exhibit 176: Exclusions checklist
Exhibit 177: Currency conversion rates for US$
Exhibit 178: Research methodology
Exhibit 179: Validation techniques employed for market sizing
Exhibit 180: Information sources
Exhibit 181: List of abbreviations

Executive Summary

The analyst recognizes the following companies as the key players in the global probiotics market: AnaBio Technologies, Archer Daniels Midland Co., BioGaia AB, Chr Hansen Holding AS, Danone SA, Dr. Willmar Schwabe GmbH and Co. KG, DuPont de Nemours Inc., Farmhouse Culture Inc., General Mills Inc., Kerry Group Plc, Lallemand Inc., Lifeway Foods Inc., Microbiome Labs UK Ltd., Nestle SA, Novozymes AS, PepsiCo Inc., Probulin Probiotics LLC, SANZYME BIOLOGICS PVT. LTD., SIG Group AG, Symrise AG, Thats it Nutrition LLC, Natures Bounty, Uncle Matts Organic, and Yakult Honsha Co. Ltd.

Commenting on the report, an analyst from the research team said: 'The latest trend gaining momentum in the market is launch of new products.'

According to the report, one of the major drivers for this market is the health benefits of probiotics.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • AnaBio Technologies
  • Archer Daniels Midland Co.
  • BioGaia AB
  • Chr Hansen Holding AS
  • Danone SA
  • Dr. Willmar Schwabe GmbH and Co. KG
  • DuPont de Nemours Inc.
  • Farmhouse Culture Inc.
  • General Mills Inc.
  • Kerry Group Plc
  • Lallemand Inc.
  • Lifeway Foods Inc.
  • Microbiome Labs UK Ltd.
  • Nestle SA
  • Novozymes AS
  • PepsiCo Inc.
  • Probulin Probiotics LLC
  • SANZYME BIOLOGICS PVT. LTD.
  • SIG Group AG
  • Symrise AG
  • Thats it Nutrition LLC
  • Natures Bounty
  • Uncle Matts Organic
  • Yakult Honsha Co. Ltd.