What is Global Probiotic Strains Market?
The Global Probiotic Strains Market is a vast and dynamic sector that focuses on the production, distribution, and consumption of probiotic strains. These strains are beneficial bacteria that are essential for human health and well-being. They are used in various industries such as food and beverage, dietary supplements, animal feed, and others. The market is driven by the increasing awareness about the health benefits of probiotics, such as improved digestion, enhanced immune system, and prevention of various diseases. The market is also influenced by the growing demand for functional foods and beverages that contain probiotics. However, the market faces challenges such as stringent regulations and high production costs. Despite these challenges, the market is expected to grow significantly in the coming years due to the rising health consciousness among consumers and the continuous research and development activities in the field of probiotics.
Lactobacillus, Bifidobacterium, Others in the Global Probiotic Strains Market:
The Global Probiotic Strains Market is categorized into Lactobacillus, Bifidobacterium, and others. Lactobacillus is a type of bacteria that is commonly found in the human gut and certain fermented foods. It is widely used in the production of probiotic supplements due to its health benefits such as improving digestion and boosting immunity. Bifidobacterium is another type of bacteria that is naturally present in the human body. It is used in the production of probiotic supplements due to its health benefits such as promoting gut health and preventing certain diseases. Other types of probiotic strains include Streptococcus, Saccharomyces, and others. These strains are also used in the production of probiotic supplements due to their health benefits. However, the market for these strains is relatively smaller compared to Lactobacillus and Bifidobacterium.
Functional Food and Beverage, Dietary Supplements, Animal Feed, Others in the Global Probiotic Strains Market:
The Global Probiotic Strains Market finds its application in various areas such as functional food and beverage, dietary supplements, animal feed, and others. In the functional food and beverage industry, probiotic strains are used to enhance the nutritional value and health benefits of the products. They are added to various products such as yogurt, cheese, milk, and others to improve their taste and texture. In the dietary supplements industry, probiotic strains are used to produce supplements that help in improving digestion, boosting immunity, and preventing various diseases. In the animal feed industry, probiotic strains are used to enhance the health and productivity of the animals. They are added to the feed to improve the digestion and absorption of nutrients in the animals. Other applications of probiotic strains include pharmaceuticals, cosmetics, and others.
Global Probiotic Strains Market Outlook:
The Global Probiotic Strains Market is a rapidly growing sector with a promising future. In 2022, the market was valued at US$ 1093.9 million and it is expected to reach US$ 1697.4 million by 2029, growing at a CAGR of 6.4% during the forecast period 2023-2029. Europe is the leading region in the market, accounting for about 41% of the total market share. The market is dominated by the top 5 companies, which collectively hold about 50% of the total market share. The market growth is driven by the increasing consumer awareness about the health benefits of probiotics and the growing demand for functional foods and beverages. However, the market faces challenges such as stringent regulations and high production costs. Despite these challenges, the market is expected to witness significant growth in the coming years due to the rising health consciousness among consumers and the continuous research and development activities in the field of probiotics.
| Report Metric | Details |
| Report Name | Probiotic Strains Market |
| Accounted market size in 2022 | US$ 1093.9 in million |
| Forecasted market size in 2029 | US$ 1697.4 million |
| CAGR | 6.4% |
| Base Year | 2022 |
| Forecasted years | 2023 - 2029 |
| Segment by Type |
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| Segment by Application |
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| Consumption by Region |
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| By Company | DuPont, Chr. Hansen, Lallemand, BioGaia, Probi, Cerbios - Pharma, Morinaga Milk Industry, Protexin, Blis Technologies, Cultech, Bifodan, Probiotical, Kerry Group, PrecisionBiotics, Unique Biotech, Biosearch Life, Synbiotech, Wecare-Bio |
| Forecast units | USD million in value |
| Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |
