Asia Pacific Probiotics Market Research Report – Segmented By Application (Food & Beverages, Dairy Products, Non-Dairy Beverages, Infant Formula, Cereals, Dietary Supplements, Feed), Ingredient (Bacteria, Yeast), Form (Dry, Liquid), End-User (Human And Animal), & Country (India, China, Japan, South Korea, Australia, New Zealand, Thailand, Malaysia, Vietnam, Philippines, Indonesia, Singapore & Rest Of APAC) - Industry Analysis On Size, Share, Trends, COVID-19 Impact & Growth Forecast (2024 To 2029)

Updated On: January, 2024
ID: 716
Pages: 140

Asia Pacific Probiotics Market Size (2024 to 2029)

The Asia Pacific Probiotics Market size is expected to reach US $17.49 billion in 2024, and it is estimated to reach a valuation of US$ 27.89 billion by the end of 2029, expanding at an annual compound rate of 9.78% between 2024 and 2029.

Probiotics are healthy microscopic organisms that lead to medical advantages for the host whenever devoured in adequate amounts. It likewise works as an enemy of pathogens support and is, in this way, viable in the treatment of food danger. It also works as an enemy of pathogens support and is, in this way, feasible in the treatment of food contamination. The compelling interest drives the market for wellbeing based items, similar to probiotics, among shoppers, particularly the younger ages. Probiotics are a functional food and beverage and are known for improving gut usefulness, alongside different advantages, including invulnerability help.

The market has encountered expanded advancement and customization of items because of prerequisites and compelling correspondence across different age gatherings.

Convenience Stores are the Fastest Growing Segment

The convenience stores segment of the market is encountering better-than-expected development, bolstered by an expanding store check and a plan of action that is appropriate to address the necessities of the buyers in a hurried way of life. Numerous comfort stores remain open for longer hours than the customary retail locations, which gives additional time in the day for the items to be sold and for minute ago buys to be made. Comfort stores are the most favored deals directly by buyers in the vast majority of the creating nations, as they offer incredible administrations and severe costs. The purchaser's interest in more advantageous food and beverage alternatives is prompting the development of the regional probiotics market through this channel.

The Asia-Pacific locale is set to encounter a segment pattern of increment in the old populace in the coming decade. The physiological changes in the gut that occur with the expansion in age influence the protection limit of the human digestive tract. This opens them to a severe danger of contamination. Probiotics go about as a protective medication reinforcing the stomach related tract and like this countering any presumable disease.

Due to the high social acknowledgment of improving well-being through specific ingredients in food and drink like probiotics, there is a high acknowledgment for these items everywhere throughout the Asia-Pacific area. The market has encountered expanded advancement and customization of things dependent on the necessity and compelling correspondence across age gatherings.

Japan is a significant market with the biggest piece of the pie among the Asia-Pacific nations. It comprises 41.87% of the portion of the local business and is a substantial market for probiotics makers. Japan has been consistently advancing because of high mindfulness about probiotics and the expanding worry over preventive human services. The per capita salary of Japan is the highest in the locale, which prompted the utilization of ace well-being food, for example, Probiotics.

The interest in probiotics in sustained foods is anticipated to stay high because of an expanded consciousness of their advantages and the purchaser's ability to purchase premium items fused with probiotics. Worldwide interest for probiotics is fundamentally growing because of clients' developing familiarity with their direct relationship with stomach related medical advantages, expanded interest for nutritious foods, and expanded interest for quality creature-based items. Probiotics can be found as an enhancement and can be utilized as segments in food and beverages.

This research report on the APAC Probiotics Market is segmented and sub-segmented into the following categories.

APAC Probiotics Market By Form

  • Dry
  • Liquid

Liquid probiotics are deemed to have higher demand in the coming years, which is supported by the increased intake of products like yogurt.

APAC Probiotics Market By Ingredient

  • Bacteria
  • Yeast

Yeast segment accounts for the protruding portion of the regional business and is supposed to expand with a considerable rate in the coming years.

APAC Probiotics Market By End-User

  • Human
  • Animal

APAC Probiotics Market By Application

  • Food & Beverages
  • Dairy Products
  • Non-Dairy Beverages
  • Infant Formula
  • Cereals
  • Dietary Supplements
  • Animal Feed

The foods and beverages segment is the major revenue-generating segment in the APAC market that is supposed to expand with a notable share in the foreseen years.

APAC Probiotics Market By Region

  • India
  • China
  • Japan
  • South Korea
  • Australia

Japan Holds a Prominent Share in the APAC Probiotics Market

In Japan, the improvement of probiotic ingredients and completed items depends on logical verifications and is bolstered by well-being necessities. Furthermore, Japanese purchasers have been aware of recharging the gut greenery all the time, and they see probiotic microbes to be the best arrangement, which is firmly driving the probiotics business in the nation. Prominently, the Japanese-based brand Yakul is so predominant in the country that the items are filled in as a significant aspect of school snacks and conveyed to homes by its workers, hence increasing its development in the nation.

Probiotic foods like fermented milk drinks, probiotic yogurts, and probiotic yogurt drinks have a huge demand in the Asia Pacific probiotics market. The significant players in the region are Yakult, Danone, Nestlé, and Morinaga. In recent years, these players have consolidated their market positions further. The introduction of novel products is one of the crucial strategies implemented by these players in order to increase their existing product portfolios and consumer bases within the region.

KEY MARKET PLAYERS

Major Key Players in the Asia Pacific Probiotics Market are Yakult Honsha Co. Ltd, Nestle S.A., Groupe Danone, PepsiCo Inc. (Kevita), Lifeway Foods Inc., Actimel, Activia, Bright Dairy, BioGaia, CHR Hansen

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