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The probiotic ingredients market size is projected to increase by USD 3.00 billion, at a CAGR of 8.51% between 2023 and 2028.
The APAC probiotic ingredients market is witnessing substantial growth, driven by rising adoption of probiotic components, a plethora of producers, and concentrated production. Both developing and developed economies such as Australia, China, India, Japan, and South Korea are experiencing an upswing in the middle-class population and urbanization, creating diverse opportunities for major industry players. The surge in demand for nutritious food, influenced by busy lifestyles and wellness concerns, is a pivotal factor contributing to the expansion of the probiotic ingredients sector in the region. Increased disposable income, coupled with the availability of probiotic products in various forms through online and offline retail outlets, further fuels heightened consumption. This aligns with global trends, reinforcing positive forecasts and market analysis for the APAC probiotic ingredients market.
The market shows an Accelerated CAGR during the forecast period.
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Rising awareness about the benefits of probiotic supplements is the key factor driving market growth. Probiotics are live microorganisms that can be consumed through fermented foods or supplement products. The consumption of probiotic supplements prevents the growth of harmful bacteria inside the digestive tract, leading to an improvement in nutrient absorption and bowel movements. These supplements are widely known for their ability to prevent diarrhea or reduce its severity. The consumption of commercial probiotic products improves the interstitial microbial balance by lowering the pH levels.
Further, studies have shown that the consumption of probiotic yogurt protects the immune system against colon, bladder, and breast cancers. The consumption of probiotics also helps to reduce dental caries, prevents oral candida infections, and manages periodontitis. Due to these health benefits, the demand for probiotic ingredients is expected to increase globally, which in turn will drive the growth of the market during the forecast period.
Growing focus on customized solutions is the primary trend shaping market growth. Consumers are increasingly adopting personalized diets. Personalized nutrition offers growth opportunities to the manufacturers of food and beverage and dietary supplements. The rising awareness among consumers has led to personalization in the use of probiotics based on lifestyle and wellness programs. Several companies offer microbiome sequencing services to consumers, through which they can understand their gut problems, and based on that, they can go for a personalized diet.
Furthermore, aligned with market trends and analysis, many manufacturers are tailoring formulas based on individual needs. For example, Biena, a manufacturer of probiotic ingredients, offers tailor-made formulations for specific applications, which include the use of nutraceuticals in food and dairy processing and dietary supplements for natural health product formulations. Owing to such factors, the global probiotic ingredients market is expected to witness growth during the forecast period.
Production difficulties and instability of probiotic strains is a challenge that affects market growth. The production of probiotic cultures is a complicated process that involves fermentation, concentration, and lyophilization. The quality and viability of probiotic strains depend on the colony-forming units (CFU). The viability of strains should be ensured before they are formulated. This is because the count of active probiotic cells in the lyophilized bacteria decreases due to high compression, heat, and mixing. This is a major challenge for probiotic ingredient manufacturers.
Additionally, the instability of probiotic cultures is one of the major challenges in the market in the Americas. Most probiotic cultures available in the market are unstable at room temperature; therefore, proper refrigeration or microencapsulation is needed. Probiotics are unable to survive in the acidic pH of the stomach and cannot colonize in the gut. Thus, such factors hinder the manufacturing of probiotic strains, which is negatively affecting market growth during the forecast period.
Bacteria remained the leading source in the global probiotic ingredients market, driving significant growth. The majority of probiotic components such as Lactobacillus, Bifidobacterium, Streptococcus, and others are obtained from bacterial strains, specifically Lactobacillus and Bifidobacterium. These bacteria provide several health benefits, including better gut health, immune system support, and overall well-being. Additionally, as demand for functional foods and supplements rises and consumers become more aware of the importance of gut health, bacterial-derived probiotic ingredients are projected to maintain their global market leadership, which in turn is expected to drive the growth of the market during the forecast period.
The market share growth by the food and beverages segment will be significant during the forecast period. The F&B segment is expected to witness steady growth owing to the growing popularity of health and wellness food and beverages. People are looking for several supplements in their diets. Consumers globally are significantly striving to improve their digestive wellness and overall health and are increasing their focus on functional foods and drinks.
The food and beverages segment was valued at USD 3.14 billion in 2018.
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Additionally, the increasing awareness about the health benefits of probiotics F&B is driving their consumption globally. In countries such as the US, Canada, and Brazil, a variety of probiotic products, ranging from fortified drinks to candies containing strains from the Lactobacillus and Bifidobacterium genera, are available in supermarkets. Such factors are driving the demand for probiotic ingredients in the F&B segment, which in turn is expected to drive the growth of the market during the forecast period.
APAC is estimated to contribute 38% to the growth of the global market during the forecast period
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Technavio's analysts have provided extensive insight into the market forecasting, detailing the regional trends and drivers influencing the market's trajectory throughout the forecast period. The rising use of probiotic ingredients, the existence of a large number of producers, and concentrated production have driven the growth of the market in APAC. Developing and developed economies such as Australia, China, India, Japan, and South Korea are witnessing an increase in the middle-class population and urbanization, which presents various chances for major industry participants in the probiotic ingredients market. Furthermore, the growth of the probiotic ingredients industry in the region is being driven by an increase in purchasing power and increasing expenditure by millennials on nutrition-rich food. Such factors are expected to drive the growth of the probiotic ingredients market in the region during the forecast period.
Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market forecasting growth and analysis.
The market growth and forecasting report also includes detailed analyses of the competitive landscape of the market and information about 10 market companies, including:
Archer Daniels Midland Co., BioGaia AB, Chr Hansen Holding AS, CUSTOM PROBIOTICS Inc., Danone SA, DuPont de Nemours Inc., Kerry Group Plc, Novozymes OneHealth, Sabinsa Corp., Thermo Fisher Scientific Inc., Unique Biotech Ltd., Winclove BV, Lallemand Inc., American Biosystems Inc., Nutris, Orffa International Holding B.V., Probi AB, and Probiotical S.p.A.
The market analysis and report of qualitative and quantitative analysis of companies have been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.
The research report forecasts market research and growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2018 to 2028.
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Probiotic Ingredients Market Scope |
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Report Coverage |
Details |
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Page number |
165 |
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Base year |
2023 |
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Historic period |
2018-2022 |
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Forecast period |
2024-2028 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 8.51% |
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Market growth 2024-2028 |
USD 3.00 billion |
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Market structure |
Fragmented |
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YoY growth 2023-2024(%) |
7.87 |
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Regional analysis |
APAC, Europe, North America, Middle East and Africa, and South America |
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Performing market contribution |
APAC at 38% |
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Key countries |
US, Japan, China, Germany, and UK |
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Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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Key companies profiled |
Archer Daniels Midland Co., Biena Inc., BIOCODEX SAS, BioGaia AB, Chr Hansen Holding AS, CUSTOM PROBIOTICS Inc., Danone SA, DuPont de Nemours Inc., Kerry Group Plc, Novozymes OneHealth, Sabinsa Corp., Thermo Fisher Scientific Inc., Unique Biotech Ltd., Winclove BV, Lallemand Inc., American Biosystems Inc., Nutris, Orffa International Holding B.V., Probi AB, and Probiotical S.p.A. |
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Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period. |
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Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
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1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Application
7 Market Segmentation by Source
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
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