Probiotic Ingredients Market

Global Probiotic Ingredients Market Size (2024 to 2029)

Probiotic ingredients market is expected to reach USD 88.3 billion by 2029 and will be valued at USD 61.01 billion in 2024 grow with a CAGR of 7.8%.

Probiotics refer to living microbes like bacteria, yeasts, viruses, and protozoa that are good for the body. These are called good or healthy bacteria, often present in the body and help in various functions, primarily in the digestive system and hut health. They are often used in supplements and healthy foods like yogurts and are recommended for people with digestive problems. Seven core types of probiotics are often used in probiotics: Lactobacillus, Bifidobacterium, Saccharomyces, Streptococcus, Enterococcus, Escherichia, and Bacillus. However, the most common types come from three families, Lactobacillus, Bifidobacterium, and Saccharomyces boulardii (A prominent yeast family). Probiotics naturally live in the gut and are also externally ingested as supplements. In addition, several foods help build up the probiotic content in the body; some of these foods are yogurt, miso soup, sauerkraut, sourdough bread, soft cheeses, pickles, kefir, etc. Probiotics are often packaged and kept at low temperatures with acidity control to help keep them inactive outside the body and active when ingested. 

Global Probiotic Ingredients Market Drivers:

The several health benefits of consuming probiotics as supplements in the body support the growth of the market. The growing health-conscious populations, especially after the pandemic, have increased the intake of supplements like probiotics. These good bacteria can help treat several health conditions like irritable bowel syndrome, infectious diarrhea, inflammatory bowel syndrome, and diarrhea due to antibiotics. They are also said to help with skin conditions like eczema, allergies, colds, urinary and vaginal health, and oral health. In addition, the growing obesity and heart health problems worldwide are also resulting in the probiotic ingredients market demand. These supplements can aid in weight loss and are also considered good for heart health. Furthermore, Probiotics can also help boost the immunity system and aid in controlling several mental health conditions like autism, depression, anxiety, OCD, and memory. Therefore, the growing prevalence of mental health problems supports the probiotic ingredients market growth. In addition, the growing research in the probiotic ingredients market to examine its benefits in the body supports growth. 

Probiotics can help balance the harmful bacteria in the body. Therefore, the growing production of probiotic-based foods in the market supports growth. Additionally, the wide range of food items with high quantities of probiotics, like kimchi, miso, kombucha, yogurt, buttermilk, tempeh, etc., are all healthy foods and are extremely useful to the body. Additionally, the rising addition of probiotics in various foods and functional beverages supports the probiotic ingredients market revenue. Growing delivery channels for these probiotic ingredients, like supermarkets, hypermarkets, pharmacies, food stores, etc., support the expansion of the business. Probiotic ingredients are also being used in animal products and have produced positive results for farmers and pet owners, leading to more credibility for the market. Probiotic ingredients are straightforward to find and can be sold in large quantities without the concern for production time or limit, which provides the market high scope of development. They are also often used in cosmetic products for better skin health, leading to growth in the market. The ban and restrictions imposed on antibiotics in certain regions due to their ill side effects support the market's growth. The FDA has no heavy restrictions on the use of probiotic ingredients as they are considered food products and not medicine, so probiotic ingredient supplement manufacturers don't have to prove that they work, leading to support for the market. 

Global Probiotic Ingredients Market Restraints:

The several side effects of the probiotic ingredients lead to restraint in market growth. For example, probiotic ingredients can sometimes cause gas, diarrhea, and bloating and may also trigger allergies in some people. Additionally, probiotics must be stored in specific areas and, if stored incorrectly, can lose viability. 

Impact of covid-19 on the global Probiotic ingredients market:

The pandemic led to severe consequences for several markets, as there was a plummet in the world's economy. In addition, the rapid shutdown of businesses and unemployment led to severe economic difficulties. The probiotic ingredients market, however, gained a positive response from the pandemic. As it was researched that probiotics can be used to counter covid by keeping the gut and the lungs healthy, it led to a severe rise in the demand for probiotic ingredients in the market. Additionally, the populations were advised to improve their immunity to have a better chance of fighting the coronavirus and not catching it, leading to an increase in the consumption of healthy foods and foods with probiotic ingredients as it supports the growth of the market. Additionally, the production and transport of probiotic ingredients are easier as their shelf life is longer than other products, further supporting the growth of the market during the pandemic. 

REPORT COVERAGE: 

This research report on the global probiotic ingredients market has been segmented and sub-segmented based on form, ingredient, application, end-user and region.   

Global  Probiotic ingredients market - By Form:

• Liquid
• Dry/powder

The dry/powder segment is expected to dominate the market during the forecast period due to the heavy use of powder form in dietary supplements and the easy consumption and transport of the dried Form. In addition, the increasing usage of powder forms in various end-use industries supports the growth of the segment. 

The liquid segment is also expected to grow due to using the liquid Form to feed livestock and in several supplements. In addition, drinking liquids is more accessible than mixing powders into diets; therefore, there is a demand for liquids. 

Global Probiotic ingredients market - By Ingredient:

• Yeast
• Spore Formers
• Bacteria
  • Streptococcus
  • Bifidobacterium
  • Lactobacilli
  • Other Genus

The bacteria segment is expected to dominate the market during the forecast period due to the popularity of lactobacillus probiotics and the extensive research available on different bacteria probiotics and their advantages. 

The yeast segment is also expected to have revenue in the market due to being the most popular type of probiotic added to different foods like yogurt and drinks. In addition, they are also present in the form of supplements.  

Global Probiotic ingredients market - By Application:

• Dietary Supplements
  • Soft Gels
  • Powders
  • Tablets
  • Capsules
  • Chewable and Gummies
  • Others
• Functional Food and Beverages 
  • Dairy Products
    • Cheese
    • Yogurt
    • Others
  • Non-dairy Products
    • Cereals
    • Bakery
    • Functional Beverages
    • Others
• Animal Nutrition
• Others

The functional food and beverages segment dominated the market during the forecast period. The growing preference for healthier foods and the rising exercising and physical health-maintaining groups among populations support the market growth. In addition, the high availability of probiotics in healthy snacks and drinks makes them easier to consume, leading to an advantage for the segment. 

The dietary supplements segment is also expected to grow due to the rising prevalence of chronic diseases and increasing concerns over gut health. Furthermore, lifestyle changes lead to inadequate digestive systems and lead to populations consuming dietary supplements for health. Additionally, the positive effects of the gut microbiome for animals support the animal nutrition segment. 

Global Probiotic ingredients market - By End-User:

• Human Probiotics
• Animal Probiotics

The human probiotics segment is expected to dominate the market during the forecast period due to the human population's rising consumption of probiotics in the form of functional beverages and supplements and overall high awareness about the positives of improving human gut health. However, in recent times, there has been an increase in animal probiotics due to the rising concerns about the spread of infections through animals and maintaining good health in pets ad livestock. 

Global Probiotic Ingredients Market - Region:

• North America
• Europe
• Asia-Pacific
• Latin America
• MEA

The Asia-Pacific region is expected to dominate the market during the forecast period due to the presence of several health-conscious populations and the easy availability of ingredients in the region. The high awareness about the benefits of probiotics and the increasingly evident interest among the public supports the market growth in the region. In recent times, there have been more products with probiotics in the region. Probiotic milk, curd, drinks, supplements, greek yogurts, etc., leading to more demand in the countries like India, China, South Korea, Japan, etc.  

The North American region is also expected to grow during the forecast period due to the growing chronic illnesses and increasing health concerns like obesity, high BP, diabetes, etc., owing to unhealthy lifestyles. Therefore, the rising demand for healthier food options and attempts at better diets support the growth of the market in countries like the US and Canada. The European market is also growing due to the presence of several key market players in the region and growing production in countries like Germany, France, Italy, etc. 

KEY MARKET PLAYERS:

Key market players of global Kerry Inc, DSM, Associated British Foods plc, Lallemand Inc.

RECENT HAPPENINGS IN THE MARKET:

• On April 13, 2023, BioGaia, a probiotic ingredient supplier, launched a new range of probiotic ointments for infants and children with dry and sensitive skin. The product is called Aldermis, and it is the company's first-ever attempt at a cosmetic probiotic product. The Sweden-based company aims to start its cosmetic attempts with these products and hopes that the retailers find the product useful. 
• On April 19, 2023, Organic India, a leader in the organic products market, designed and launched a new packaging format for its Psyllium Pre & Probiotic Fiber product. The company is replacing the previously messy and space-consuming pouch packaging with the less space-consuming and completely sealed canister version. The canister is easy to find in retail stores and fits neatly in your kitchen pantry. 
• On March 23, 2023, A functional ingredients supplier, IFF, gained an industrial production of a next-gen probiotic. The strict anaerobic strain of Akkermansia sp. DSM 33459. The company is all set to produce the probiotic at an industrial scale at food-grade manufacturing and R&D sites for a wide supply range.