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Multistrain Probiotic Market Report: Trends, Forecast and Competitive Analysis to 2030

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    Report

  • 150 Pages
  • July 2024
  • Region: Global
  • Lucintel
  • ID: 5993611

Multistrain Probiotic Trends and Forecast

The future of the global multistrain probiotic market looks promising with opportunities in the human and animal feed markets. The global multistrain probiotic market is expected to reach an estimated $98.4 billion by 2030 with a CAGR of 8.2% from 2024 to 2030. The major drivers for this market are rising concern towards gut health and increasing consumers inclination towards healthier food.

Multistrain Probiotic by Segment

The study includes a forecast for the global multistrain probiotic by application, end use, and region.

Multistrain Probiotic Market by Application [Shipment Analysis by Value from 2018 to 2030]:

  • Food & Beverages
  • Animal Feed
  • Dietary Supplements
  • Others

Multistrain Probiotic Market by End Use [Shipment Analysis by Value from 2018 to 2030]:

  • Humans
  • Animal Feed

Multistrain Probiotic Market by Region [Shipment Analysis by Value from 2018 to 2030]:

  • North America
  • Europe
  • Asia Pacific
  • The Rest of the World

List of Multistrain Probiotic Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies multistrain probiotic companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base.

Some of the multistrain probiotic companies profiled in this report include:

  • Yakult Honsha
  • Deerland Enzymes
  • Protexin
  • Danisco
  • BioGaia
  • Chr. Hansen
  • Daflorn
  • Lallemand
  • Probi
  • Innovix Labs

Multistrain Probiotic Market Insights

The publisher forecasts that food & beverage is expected to witness the highest growth over the forecast period.
Within this market, animal feed is expected to witness higher growth over the forecast period.
APAC is expected to witness the highest growth over the forecast period.

Features of the Global Multistrain Probiotic Market

  • Market Size Estimates: Multistrain probiotic market size estimation in terms of value ($B).
  • Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
  • Segmentation Analysis: Multistrain probiotic market size by application, end use, and region in terms of value ($B).
  • Regional Analysis: Multistrain probiotic market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
  • Growth Opportunities: Analysis of growth opportunities in different applications, end uses, and regions for the multistrain probiotic market.
  • Strategic Analysis: This includes M&A, new product development, and competitive landscape of the multistrain probiotic market.
  • Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

FAQ

Q1. What is the multistrain probiotic market size?
Answer: The global multistrain probiotic market is expected to reach an estimated $98.4 billion by 2030.
Q2. What is the growth forecast for multistrain probiotic market?
Answer: The global multistrain probiotic market is expected to grow with a CAGR of 8.2% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the multistrain probiotic market?
Answer: The major drivers for this market are rising concern towards gut health and increasing consumers inclination towards healthier food.
Q4. What are the major segments for multistrain probiotic market?
Answer: The future of the multistrain probiotic market looks promising with opportunities in the human and animal feed markets.
Q5. Who are the key multistrain probiotic market companies?
Answer: Some of the key multistrain probiotic companies are as follows:
  • Yakult Honsha
  • Deerland Enzymes
  • Protexin
  • Danisco
  • BioGaia
  • Chr. Hansen
  • Daflorn
  • Lallemand
  • Probi
  • Innovix Labs
Q6. Which multistrain probiotic market segment will be the largest in future?
Answer: The publisher forecasts that food & beverage is expected to witness the highest growth over the forecast period.
Q7. In multistrain probiotic market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness the highest growth over the forecast period.
Q.8 Do we receive customization in this report?
Answer: Yes, the publisher provides 10% customization without any additional cost.

This report answers the following 11 key questions:

Q.1. What are some of the most promising, high-growth opportunities for the multistrain probiotic market by application (food & beverages, animal feed, dietary supplements, and others), end use (humans and animal feed), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?


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Table of Contents

1. Executive Summary
2. Global Multistrain Probiotic Market : Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2018 to 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Multistrain Probiotic Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Multistrain Probiotic Market by Application
3.3.1: Food & Beverages
3.3.2: Animal Feed
3.3.3: Dietary Supplements
3.3.4: Others
3.4: Global Multistrain Probiotic Market by End Use
3.4.1: Humans
3.4.2: Animal Feed
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: Global Multistrain Probiotic Market by Region
4.2: North American Multistrain Probiotic Market
4.2.1: North American Multistrain Probiotic Market by Application: Food & Beverages, Animal Feed, Dietary Supplements, and Others
4.2.2: North American Multistrain Probiotic Market by End Use: Humans and Animal Feed
4.3: European Multistrain Probiotic Market
4.3.1: European Multistrain Probiotic Market by Application: Food & Beverages, Animal Feed, Dietary Supplements, and Others
4.3.2: European Multistrain Probiotic Market by End Use: Humans and Animal Feed
4.4: APAC Multistrain Probiotic Market
4.4.1: APAC Multistrain Probiotic Market by Application: Food & Beverages, Animal Feed, Dietary Supplements, and Others
4.4.2: APAC Multistrain Probiotic Market by End Use: Humans and Animal Feed
4.5: ROW Multistrain Probiotic Market
4.5.1: ROW Multistrain Probiotic Market by Application: Food & Beverages, Animal Feed, Dietary Supplements, and Others
4.5.2: ROW Multistrain Probiotic Market by End Use: Humans and Animal Feed
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Multistrain Probiotic Market by Application
6.1.2: Growth Opportunities for the Global Multistrain Probiotic Market by End Use
6.1.3: Growth Opportunities for the Global Multistrain Probiotic Market by Region
6.2: Emerging Trends in the Global Multistrain Probiotic Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Multistrain Probiotic Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Multistrain Probiotic Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: Yakult Honsha
7.2: Deerland Enzymes
7.3: Protexin
7.4: Danisco
7.5: BioGaia
7.6: Chr. Hansen
7.7: Daflorn
7.8: Lallemand
7.9: Probi
7.10: Innovix Labs

Companies Mentioned (Partial List)

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

  • Yakult Honsha
  • Deerland Enzymes
  • Protexin
  • Danisco
  • BioGaia
  • Chr. Hansen
  • Daflorn

Methodology

The analyst has been in the business of market research and management consulting since 2000 and has published over 600 market intelligence reports in various markets/applications and served over 1,000 clients worldwide. Each study is a culmination of four months of full-time effort performed by the analyst team. The analysts used the following sources for the creation and completion of this valuable report:

  • In-depth interviews of the major players in the market
  • Detailed secondary research from competitors’ financial statements and published data
  • Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
  • A compilation of the experiences, judgments, and insights of professionals, who have analyzed and tracked the market over the years.

Extensive research and interviews are conducted in the supply chain of the market to estimate market share, market size, trends, drivers, challenges and forecasts.

Thus, the analyst compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. The analyst then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process.

 

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