Sheer Analytics and Insights Pvt. Ltd. have published a market report on the global probiotic ingredients market titled Global Probiotic Ingredients Market (By Ingredients: Lactobacilli, Bifidobacterium, Streptococcus and Bacillus. By Form- Liquid and Dry. By Application- Food & Beverages (Dairy Products, Fermented Meat, Dry Foods and Others), Dietary Supplements, Beauty Products (Cream, Oil and Lotion) and Animal Feed and By Regions) – Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2018 – 2026. The market is currently estimated to reach US$ 484.32 Mn by the year 2026, from US$ 265.57 Mn in 2018, growing at CAGR of 7.80% during the forecast period 2018-2026. The market research report covers the forecast and analysis of the Probiotics ingredients on both regional as well as global level.
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Probiotic ingredients can be classified as Lactobacilli, Bifidobacterium, Streptococcus and Bacillus and other yeasts that are when added to foods, beverages, health supplements and animal feed, it boosts up the nutritional value of the intaking items. Presently, the demand for probiotic ingredients are increasing significantly across the globe owing to the changes in the lifestyles and growing awareness regarding intaking of foods that are less prone to cause severe chronic diseases such as diabetes, blood pressure, indigestion, inflammations and other infections. Rising disposable income leads to the addition of healthy meals to infants and teen agers. In addition, the rise in the middle-age population coupled with rise in the female employment across the globe has led to the rise in the demand for health supplements for maintaining fit and flexible physic with higher immunity. Furthermore, the growing concern towards implementation of balanced diets to domestic animals and livestock with an aim to extract nutrient-rich end-products is expected to drive the global probiotic ingredients market during the forecast period. Substitution of chemical elements from beauty products with probiotic ingredients owing to increasing consumer awareness and government standards is further expected to create ample demand for probiotic market during the forecast period.
Geographically, the global probiotics ingredients market is divided into global regions like Europe, North America, Asia- Pacific, Middle East, LATAM, and Africa. North America region holds the largest market share. The reasons are attributed to presence of established pharmaceutical and food and beverages manufacturers that have led great emphasize on the application of probiotic ingredients in the end products. In addition, high consumer awareness, stringent government regulations regarding the maintenance of livestock and increased promotions and awareness programs to prevent vaginal infections have further propelled the market growth. However, Asia-Pacific region is expected to dominate the market growth during the forecast period owing to the presence of massively populated countries such as China and India coupled with the rising disposable incomes across this entire region. Occurrence of chronic diseases are further expected to drive the demand for probiotic ingredients during the forecast period.
In the recently published market research report by Sheer Analytics and Insights Pvt. Ltd., probiotics ingredients market is segmented based on ingredients which is further divided into Lactobacilli, Bifidobacterium, Streptococcus and Bacillus. In addition, probiotic ingredients market is further segmented based on form which is further sub segmented as liquid and dry. Based on application, the probiotic ingredients market has been segmented into food & beverages, dietary supplements, Beauty Products and animal feed.
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On November 2018, LifeSpace Probiotics launched Microflora Probiotic for women that have been formulated with probiotic strains. The product helps in eliminating bad bacterial strains from the vagina leading to maintain a healthy vaginal microbiome. Lactobacilli is the key ingredients of this product containing six strains of Lactobacilli, that includes Lactobacillus reuteri RC-14 and Lactobacillus rhamnosus GR-1 that help to balance and restore vaginal flora. Lactobacillus crispatus is further formulated in the product to maintain healthy vaginal microbiomes. The product is gluten-free and non-dairy product and this capsule need not be store or kept in the freezer.
According to Craig Silbery, CEO, Evolution Health, “Probably about eight to 10 years ago, the Therapeutic Goods Administration (TGA) moved their focus form brands of products to manufacturers of products, so the responsibility for compliance and stability programs became a responsibility of the contract manufacturer. So, these contract manufactures then have a risk of losing license if their client were not following stability protocols. That was a game changer in Australia, what it led to, was all credible serious brands took product stability very seriously.”
Some of the key industry players in the global probiotics ingredients market include BioGaia AB, Chr. Hansen Holding A/S, Danone, DowDuPont, Ganeden, Inc., Life Space Probiotics. Lifeway Foods, Inc., Nestle S.A., UAS Laboratories and Yakult Honsha Co. Ltd.
Global Probiotic Ingredients Market is broadly classified under the following segments:
Global Probiotic Ingredients Market: By Ingredients
Global Probiotic Ingredients Market: By Form
Global Probiotic Ingredients Market: By Application
- Food & Beverages
- Dairy Products
- Fermented Meat
- Dry Foods
- Dietary Supplements
- Beauty Products
- Animal Feed
Global Probiotic Ingredients Market: By Geography
- North America
- The U.S.
- Rest of Europe
- Asia Pacific
- Rest of Asia Pacific
- The Middle East and Africa
- South Africa
- Rest of the Middle East and Africa
- Latin America
- Rest of Latin America
TABLE OF CONTENTS
1. Research Methodology, Assumptions, and Acronyms
2. Executive Summary and Market Overview
2.1. Global Probiotic Ingredients Market Snapshot
3. Global Probiotic Ingredients Market Overview
3.1.1. Global Probiotic Ingredients Market Revenue Forecast and Potential Addressable Market
3.1.2. Global Probiotic Ingredients Market Snapshot
4. Global Probiotic Ingredients Market, by Ingredients
4.1.1. Global Probiotic Ingredients Market Revenue Forecast and Potential Addressable Market- By Ingredients
5. Global Probiotic Ingredients Market, by Form
5.1.1. Global Probiotic Ingredients Market Revenue Forecast and Potential Addressable Market- By Form
6. Global Probiotic Ingredients Market, by Application
6.1.1. Global Probiotic Ingredients Market Revenue Forecast and Potential Addressable Market- by Application
22.214.171.124. Food & Beverages
126.96.36.199.1. Dairy Products
188.8.131.52.2. Fermented Meat
184.108.40.206.3. Dry Foods
220.127.116.11. Dietary Supplements
18.104.22.168. Beauty Product
22.214.171.124. Animal Feed
7. Global Probiotic Ingredients Market Revenue Forecast and Potential Addressable Market, by Region
7.2. Key Takeaways
8. North America Probiotic Ingredients Market Revenue Forecast and Potential Addressable Market
8.1. Market Dynamics
8.1.4. Decision Support Matrix
8.2. North America Probiotic Ingredients Market Analysis- by Ingredients
8.3. North America Probiotic Ingredients Market Analysis- by Form
8.4. North America Probiotic Ingredients Market Analysis- by Application
9. Europe Probiotic Ingredients Market Revenue Forecast and Potential Addressable Market
9.1. Market Dynamics
9.1.4. Decision Support Matrix
9.2. Europe Probiotic Ingredients Market Analysis- by Ingredients
9.3. Europe Probiotic Ingredients Market Analysis- by Form
9.4. Europe Probiotic Ingredients Market Analysis- by Application
9.10. Rest of Europe
10. Asia Pacific Probiotic Ingredients Market Revenue Forecast and Potential Addressable Market
10.1. Market Dynamics
10.1.4. Decision Support Matrix
10.2. Asia Pacific Probiotic Ingredients Market Analysis- by Ingredients
10.3. Asia Pacific Probiotic Ingredients Market Analysis- by Form
10.4. Asia Pacific Probiotic Ingredients Market Analysis- by Application
10.8. Rest of Asia Pacific
11. Middle East and Africa (MEA) Probiotic Ingredients Market Revenue Forecast and Potential Addressable Market
11.1. Market Dynamics
11.1.4. Decision Support Matrix
11.2. MEA Probiotic Ingredients Market Analysis- by Ingredients
11.3. MEA Probiotic Ingredients Market Analysis- by Form
11.4. MEA Probiotic Ingredients Market Analysis- by Application
11.5. South Africa
11.6. Rest of Middle East and Africa
12. Latin America Probiotic Ingredients Market Revenue Forecast and Potential Addressable Market
12.1. Market Dynamics
12.1.4. Decision Support Matrix
12.2. Latin America Probiotic Ingredients Market Analysis- by Ingredients
12.3. Latin America Probiotic Ingredients Market Analysis- by Form
12.4. Latin America Probiotic Ingredients Market Analysis- by Application
12.6. Rest of Latin America
13. Competitive Landscape
13.1. Global Probiotic Ingredients Market-Company Market Share Analysis
14. Company Profiles: (Revenue, Product /Brand Offerings, Company Highlights)
14.1. BioGaia AB
14.2. Chr. Hansen Holding A/S
14.5. Ganeden, Inc.
14.6. Life Space Probiotics
14.7. Lifeway Foods, Inc.
14.8. Nestle S.A.
14.9. UAS Laboratories
14.10. Yakult Honsha Co. Ltd
Note: Similar segmentation will be provided for all companies, and data will be available as per best efforts.
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