The Probiotic Ingredients for Dietary Supplements Market had a value of USD 5.0 billion in 2022 and is projected to reach USD 10.86 billion by 2032, with a compound annual growth rate (CAGR) of 9% during the forecast period. The primary factors driving the market's growth include the increasing prevalence of digestive issues, growing consumer awareness of the benefits of probiotics, and the rising demand for functional foods and dietary supplements.
Probiotic ingredients contain live bacteria that offer various positive health effects when consumed in adequate quantities. These ingredients are extensively used in a range of food and beverage products, such as yogurt, kefir, and dietary supplements. The industry is expected to experience further expansion due to the increasing consumer demand for natural and organic products.
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Top Companies Operating in the Global Probiotic Ingredients for Dietary Supplements Market Report:
- DuPont de Nemours, Inc.
- Lonza Group AG
- Chr. Hansen Holding A/S
- Kerry Group plc
- BioGaia AB
- Fonterra Co-operative Group Limited
- BASF SE
- Probi AB
- Lallemand Inc.
- Nestle S.A.
Major Driving Factors of Probiotic Ingredients for Dietary Supplements Market
- Increasing consumer awareness: There has been a significant rise in consumer awareness regarding the benefits of probiotic ingredients for digestive health, immune system support, and overall well-being. Consumers are increasingly seeking natural and functional ingredients, leading to a growing demand for probiotic products.
- Growing health consciousness: With the increasing focus on preventive healthcare and wellness, people are becoming more health-conscious. Probiotic ingredients are recognized for their potential to improve gut health, aid in digestion, and enhance immune function. This rising health consciousness is driving the demand for probiotic products.
- Increasing demand for functional foods and beverages: There is a growing trend towards functional foods and beverages that offer health benefits beyond basic nutrition. Probiotic ingredients are commonly incorporated into various food and beverage products, including yogurts, fermented drinks, dietary supplements, and infant formula, to provide additional health benefits. The expanding market for functional foods and beverages is driving the demand for probiotic ingredients.
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For the purpose of helping readers make profitable business decisions, the report is written with industry analysts, market segmentation, and data collection. In addition to providing detailed information on technical and product advances, this report also discusses market value, growth rates, and niche market segments in detail.
An analysis of the Probiotic Ingredients for Dietary Supplements Market has been carried out by segmenting it into key regions and offering information on growth rates, market shares, current and emerging trends, production and consumption ratios, analysis of the industrial chain, demand and supply, imports and exports, revenue contributions, and the presence of key players in each region. To gain a better understanding of the regional spread of and progress of the Probiotic Ingredients for Dietary Supplements Market, a country-by-country analysis of the market is provided in the report.
The global Probiotic Ingredients for Dietary Supplements Market is segmented into:
- North America (U.S.A., Canada, Mexico)
- Europe (Italy, U.K., Germany, France, Rest of Europe)
- Asia Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Further market segmentation
Ingredient Type Outlook:
- Bacteria
- Yeast
Application Outlook:
- Food Beverages
- Dietary Supplements
- Animal Feed
- Personal Care
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