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Global Probiotics Market to reach Probiotics Market worth $4.15 billion by 2027.

Global Probiotics Market Size study, By form(Liquid, Dry)By ingredient(Bacteria, Yeast)By application(Functional food & beverages (dairy products, non-dairy beverages, infant formula, cereals, and others))By end user(Human, Animal)

Product Code: HALB_30630829
Publish Date: 12-04-2021
Page: 200

Global Probiotics Market is valued approximately USD 2.27 billion in 2020 and is anticipated to grow with a healthy growth rate of more than 9 % over the forecast period 2021-2027. (Market Definition) Probiotics are live microorganisms that have health benefits when consumed or applied to the body. They are found in various superfoods like yogurt and other fermented foods, dietary supplements, and beauty products. Increase in health awareness amid COVID-19 has given significant boost to the sector. However, High R&D costs for developing new probiotic strains may slowdown the growth. Along with this investment in R&D activities and hiring trained professionals creates barriers in the growth of probiotics market. Also, Technological advancements enabled the inclusion of probiotics in supplements and other non-milk-based products. The consumption of dairy fermented products are proven to treat many diseases and also has additional health benefits. There is an opportunity for probiotics to replace pharmaceutical medicines in the near future.

The regional analysis of global Probiotics market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. Asia Pacific is expected to grow at a faster pace and is projected to grow at highest CAGR. The consumers in the APAC region are well-aware of the health benefits associated with the consumption of probiotics. China and Japan are among the largest probiotic markets in the region.
Major market player included in this report are:
Chr. Hansen (Denmark)
Danone (France)
Yakult Honsha (Japan)
DowDuPont (US)
Kerry (Ireland)
Probi Ab (Sweden)
Nestle (Switzerland)
BioGaia (Sweden)
Morinaga Milk Industry Co., Ltd. (Japan)
Glac Biotech (Taiwan)
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By form:
By ingredient:
By application:
Functional food & beverages (dairy products, non-dairy beverages, infant formula, cereals, and others)
Dietary supplements
By end user:
By Region:
North America

Asia Pacific
South Korea
Latin America
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019
Base year – 2020
Forecast period – 2021 to 2027

Target Audience of the Global Probiotics Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers

Chapter 1.Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2027 (USD Billion)
1.2.1. Probiotics Market, by Region, 2019-2027 (USD Billion)
1.2.2. Probiotics Market, by Form, 2019-2027 (USD Billion)
1.2.3. Probiotics Market, by Ingredient, 2019-2027 (USD Billion)
1.2.4. Probiotics Market, by Application , 2019-2027 (USD Billion)
1.2.5. Probiotics Market, by End User, 2019-2027 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Probiotics Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Probiotics Market Dynamics
3.1. Probiotics Market Impact Analysis (2019-2027)
3.1.1. Market Drivers Increase in health awareness amid COVID-19. Digestive health benefits
3.1.2. Market Challenges High R&D costs for developing new probiotic strains
3.1.3. Market Opportunities Technological advancements May cure certain disorders or diseases in humans, especially those related to the gastrointestinal tract.
Chapter 4. Global Probiotics Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2027)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
Chapter 5. Global Probiotics Market, by Form
5.1. Market Snapshot
5.2. Global Probiotics Market by Form, Performance – Potential Analysis
5.3. Global Probiotics Market Estimates & Forecasts by Form 2018-2027 (USD Billion)
5.4. Probiotics Market, Sub Segment Analysis
5.4.1. Liquid
5.4.2. Dry
Chapter 6. Global Probiotics Market, by Ingredient
6.1. Market Snapshot
6.2. Global Probiotics Market by Ingredient, Performance – Potential Analysis
6.3. Global Probiotics Market Estimates & Forecasts by Ingredient 2018-2027 (USD Billion)
6.4. Probiotics Market, Sub Segment Analysis
6.4.1. Bacteria
6.4.2. Yeast
Chapter 7. Global Probiotics Market, by Application
7.1. Market Snapshot
7.2. Global Probiotics Market by Application, Performance – Potential Analysis
7.3. Global Probiotics Market Estimates & Forecasts by Application 2018-2027 (USD Billion)
7.4. Probiotics Market, Sub Segment Analysis
7.4.1. Functional food & beverages (dairy products, non-dairy beverages, infant formula, cereals, and others)
7.4.2. Dietary supplements
7.4.3. Feed
Chapter 8. Global Probiotics Market, by End User
8.1. Market Snapshot
8.2. Global Probiotics Market by End User, Performance – Potential Analysis
8.3. Global Probiotics Market Estimates & Forecasts by End User 2018-2027 (USD Billion)
8.4. Probiotics Market, Sub Segment Analysis
8.4.1. Humans
8.4.2. Animals
Chapter 9. Global Probiotics Market, Regional Analysis
9.1. Probiotics Market, Regional Market Snapshot
9.2. North America Probiotics Market
9.2.1. U.S. Probiotics Market Form breakdown estimates & forecasts, 2018-2027 Ingredient breakdown estimates & forecasts, 2018-2027 Application breakdown estimates & forecasts, 2018-2027 End user breakdown estimates & forecasts, 2018-2027
9.2.2. Canada Probiotics Market
9.3. Europe Probiotics Market Snapshot
9.3.1. U.K. Probiotics Market
9.3.2. Germany Probiotics Market
9.3.3. France Probiotics Market
9.3.4. Spain Probiotics Market
9.3.5. Italy Probiotics Market
9.3.6. Rest of Europe Probiotics Market
9.4. Asia-Pacific Probiotics Market Snapshot
9.4.1. China Probiotics Market
9.4.2. India Probiotics Market
9.4.3. Japan Probiotics Market
9.4.4. Australia Probiotics Market
9.4.5. South Korea Probiotics Market
9.4.6. Rest of Asia Pacific Probiotics Market
9.5. Latin America Probiotics Market Snapshot
9.5.1. Brazil Probiotics Market
9.5.2. Mexico Probiotics Market
9.6. Rest of The World Probiotics Market

Chapter 10. Competitive Intelligence
10.1. Top Market Strategies
10.2. Company Profiles
10.2.1. Chr. Hansen (Denmark) Key Information Overview Financial (Subject to Data Availability) Product Summary Recent Developments
10.2.2. Danone (France)
10.2.3. Yakult Honsha (Japan)
10.2.4. DowDuPont (US)
10.2.5. Kerry (Ireland)
10.2.6. Probi Ab (Sweden)
10.2.7. Nestle (Switzerland)
10.2.8. BioGaia (Sweden)
10.2.9. Morinaga Milk Industry Co., Ltd. (Japan)
10.2.10. Glac Biotech (Taiwan)
Chapter 11. Research Process
11.1. Research Process
11.1.1. Data Mining
11.1.2. Analysis
11.1.3. Market Estimation
11.1.4. Validation
11.1.5. Publishing
11.2. Research Attributes
11.3. Research Assumption

The study of the market is incorporated by extensive primary and secondary research conducted by the research team at OMR. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geographies to provide a better regional outlook. In the report, country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. Our analysts contact company executives, managers, key opinion leaders, and industry experts. This enables our analyst to derive the closest possible figures without any major deviations in the actual number.

Primary Research Sources:

  • Interview conducted with raw material suppliers & manufacturers.
  • Interview conducted with manufacturers, suppliers & distributors, researchers, & representatives of regulatory bodies.
  • Interview conducted with market players, industry experts, & independent consultants.
  • Secondary Research Sources:
  • Purchased Database: D&B Hoovers, Bloomberg, Inc., Business Information Industry Association, NAICS Association.
  • Internal Database: White papers, Certified Publications, Articles by Recognized Authors and Regulatory Bodies.
  • Government Databases: Food and Agriculture Organization (FAO), European Industrial Hemp Association (EIHA), World Health Organization (WHO), Food and Drug Administration (FDA), International Telecommunication Union (ITU), United States Department of Agriculture (USDA), International organization of Motor Vehicle Manufacturers (OICA).

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