The Middle East & Africa (MEA) probiotic ingredients market is expected to grow from US$ 180.80 million in 2022 to US$ 292.12 million by 2028; it is estimated to grow at a CAGR of 8.3% from 2022 to 2028.
Manufacturers are deploying food and beverage fortification by adding nutritional additives, such as probiotics, fibers, vitamins, and minerals, to their product offerings. The major motive for incorporating additives in the food & beverages industry is to increase the health benefits of food products. Promising health benefits of probiotic-fortified food and participation of international bodies in the R&D approvals of probiotics are a few major factors influencing the MEA probiotic ingredients market. Functional ingredients such as probiotics are used in yogurt to improve the quality of intestinal microflora. Such a trend is expected to fuel the market growth during the forecast period. Probiotic-fortified food includes yogurt, bars, snacks, and infant formula. Probiotic drinks are functional beverages that help improve gut health by raising immunity and balancing the intestine. Consumers are becoming more health-conscious and focusing on their lifestyles and diets, resulting in an increased demand for probiotic-fortified food and beverages in the MEA region. Food manufacturers are developing various new products with instructions and pictures to fulfill consumer demand in response to the current healthy eating trend.
With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the MEA probiotic ingredients market . The MEA probiotic ingredients market is expected to grow at a good CAGR during the forecast period.
Manufacturers are deploying food and beverage fortification by adding nutritional additives, such as probiotics, fibers, vitamins, and minerals, to their product offerings. The major motive for incorporating additives in the food & beverages industry is to increase the health benefits of food products. Promising health benefits of probiotic-fortified food and participation of international bodies in the R&D approvals of probiotics are a few major factors influencing the MEA probiotic ingredients market. Functional ingredients such as probiotics are used in yogurt to improve the quality of intestinal microflora. Such a trend is expected to fuel the market growth during the forecast period. Probiotic-fortified food includes yogurt, bars, snacks, and infant formula. Probiotic drinks are functional beverages that help improve gut health by raising immunity and balancing the intestine. Consumers are becoming more health-conscious and focusing on their lifestyles and diets, resulting in an increased demand for probiotic-fortified food and beverages in the MEA region. Food manufacturers are developing various new products with instructions and pictures to fulfill consumer demand in response to the current healthy eating trend.
With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the MEA probiotic ingredients market . The MEA probiotic ingredients market is expected to grow at a good CAGR during the forecast period.
MEA Probiotic Ingredients Market Segmentation
The MEA probiotic ingredients market is segmented based on type, application, and country.- Based on type, the market is divided into lactobacillus, Bifidobacterium, and others. The lactobacillus would dominate the MEA probiotic ingredients market in 2022.
- Based on application, the s market is categorized into functional food & beverages, pharmaceuticals & nutraceuticals, animal feed, and others. The functional food & beverages would dominate the MEA probiotic ingredients market in 2022.
- Based on country, the MEA probiotic ingredients market is segmented into South Africa, Saudi Arabia, the UAE, and the Rest of Middle East & Africa. The Rest of Middle East & Africa would dominate the MEA probiotic ingredients market in 2022.
Table of Contents
1. Introduction
3. Research Methodology
4. MEA Probiotic Ingredients Market Landscape
5. MEA Probiotic Ingredients Market - Key Market Dynamics
6. Probiotic Ingredients - MEA Market Analysis
7. MEA Probiotic Ingredients Market Analysis - By Type
8. MEA Probiotic Ingredients Market Analysis - By Application
9. MEA Probiotic Ingredients Market - By Country Analysis
10. Industry Landscape
11. Company Profiles
12. Appendix
Companies Mentioned
- ADM
- Novozymes A/S
- Chr. Hansen Holding A/S
- Kerry Group plc
- Lallemand Inc
- IFF Nutrition & Biosciences
- AngelYeast Co., Ltd
- Probiotical S.p.A
- Adisseo
- Probi
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 138 |
| Published | September 2022 |
| Forecast Period | 2022 - 2028 |
| Estimated Market Value ( USD | $ 180.8 Million |
| Forecasted Market Value ( USD | $ 292.12 Million |
| Compound Annual Growth Rate | 8.3% |
| Regions Covered | Africa, Middle East |
| No. of Companies Mentioned | 10 |
