Probiotic Ingredients – Steering the Gut Health Space
Food & beverage products fortified with gut health ingredients have gained significant consumer appeal, and probiotics lead the way. Recent studies allude growing platforms of health, beyond digestive health, wherein probiotics will gain popular demand, such as GI disorder management, and improving immune system.
Probiotic Ingredients Market - Key Research Findings
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The global probiotic ingredients market size estimated in 2019 – nearly US$ 4,500
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The probiotic ingredients market will observe just-above 6% CAGR over 2019-2027
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According to the data published by International Probiotics Association-
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Fortified Foods market is worth US$ 166.6 Bn.
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Data from the 2012 National Health Interview Survey (NHIS) stated that 1.6% of U.S. adults (3.9 million) had used prebiotics or probiotics in 30 days.
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North America and Europe will remain prominent regional markets for probiotic ingredients.
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This growth is attributed to the increased demand for specific probiotic supplements, such as supplements for vaginal health, for pregnancy, and others. In the U.S., more than 31.4% of the female population suffers from bacterial vaginosis.
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Asia Pacific holds high growth potential for the probiotic ingredients market.
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With companies currently focusing on opening new innovation and development centres in the Asia Pacific region, it is anticipated that the probiotic industry in this region will grow significantly.
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The dietary supplement segment is one of the fastest growing segments amongst end use in the probiotic ingredients market.
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With instances of coronary diseases, degenerative diseases, diabetes, chronic obesity, cancers, and gastrointestinal disorders on the rise, growing number of consumers are looking up to companies manufacturing dietary supplements with prebiotic ingredients, due to which, dietary supplement is one of the fastest growing segments in the global probiotic ingredients market.
Top 3 Factors Shaping the Probiotic Ingredients Market
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Scientific Advancements Broadening the Use of Probiotic Ingredients:
Lately, in the field of nutritional wellbeing, escalated research of gut flora has been of vital significance of overall health. Research on probiotic ingredients and gut flora has enhanced due to advancements in technologies, which can decide and analyse the human micro biome. Research studies in the field of probiotic ingredients additionally demonstrate the capability of wellbeing adequacy of probiotics for metabolic and psychological conditions, alongside the impacts on gastrointestinal tract and the immune system. Because of these propelled outcomes, the development of probiotics in new indication areas is expanding, which is expected to contribute to progress in the long term, as the market becomes more extensive and more prominent.
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Increasing Cases of Vaginal and Urinary Tract Infection:
According to NHS, urinary tract and vaginal infections are the second-most common infections occurring in the body, and account for approximately 8.1 Mn visits to doctors per year. Urinary tract and vaginal infections are among the most common bacterial infections, which further lead to neurological bladder infection and several other medical conditions. In several countries, conservative societies prevent females from discussing such an infection, and obtaining the required medication is also difficult. Probiotic ingredients based supplements is a modern-day solution to such a critical issues encountered by females. Furthermore, probiotic ingredient manufacturers and marketers are also responding to these needs, and have introduced several probiotic supplements targeting females. On the backdrop of these developments, the global market for probiotic ingredients is expected to be bolstered over the forecast period.
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Demand for Probiotics, as an Aftercare after Antibiotics:
Antibiotics are the best creations and have saved lives of millions of individuals all around the globe by protecting them from lethal pathogens affecting and weakening human health. These have to be taken on prescription, and significant as they cure diseases within the least conceivable time. But the side effects of medicines are well-known and clear. Thus, doctors and researchers warn customers about their outcomes. These changes include dangerous diarrhea, modified intestinal micro flora, and the spreading of antibiotic resistant bacteria. The follow-up of anti-infection agents utilizing a probiotic diet has picked up significance throughout the years because of rising awareness among consumers. Consumption of probiotic diet after antibiotic treatment results in the expansion of helpful microbes, which are probably going to reinforce immunity, and are liable to protect the body from any further illnesses, during the recovery stage.
Probiotic Ingredients Market Structure Analysis
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The global probiotic ingredients market is primarily characterized by the presence of a large number of local and regional players. Local players account a fair share of 24-26%. North America and Europe are the two central target regions due to the increasing number of health-conscious consumers and increasing demand for healthy food products in the market. Multinational players produce bacterial strains, process them, and channelize them to the market through their established distribution channels. The market share accounted by multinational players is somewhat low, only around 20-22%. All industry stakeholders, particularly in high potential market but embryonic markets are likely to collaborate or are in symbiotic relationships.
Market Set to Grow Nearly 2X between 2019 and 2027
Use of probiotics in food and beverages continues on an upward spiral, creating attractive opportunities for formulators. With growing awareness on importance of microbes for health among consumers, advances in probiotics continue to rise alongside emphasis on strain specificity. The search of probiotics users for products to manage or treat certain health concerns is pushing the need for differentiation, thereby creating opportunities.
Tailwinds of Opportunities in Developed Markets
Opportunities abound in developed markets, as probiotics spread to newer health categories, achieving newer claims. North America accounts for 50% probiotic ingredients sold, led by robust consumer demand for products with targeted action and exemplary health outcomes. On the other hand, Europe accounts for over one-third market shares – sales remain complemented by review of probiotic ingredients’ digestive health claims by the EFSA and other regulatory bodies in the region.
The Broader Outlook
Developments in probiotic ingredients have come a long way, extending beyond their traditional use for improving the digestive health, to skin and oral health. The application scope of probiotics has grown to include management of inflammatory bowel disease and irritable bowel syndrome. Evolution in the formulation of probiotic ingredients point at incorporation of Halal and Kosher-certified products.Bacterial ingredients account for over 60% sales of probiotic ingredients
Gains fromyeast to remain half than those from bacterial ingredients
Sales remain consolidated inF&B processing industry, accounting for over 70% share
Adoption in dietary supplements remains significant
How Growth will Unfold
The F&B processing sector remains leading consumer of probiotic ingredients, and the gains from dietary supplements will remain significant. Livestock nutrition is emerging as another lucrative area for manufacturers, who are now rolling out new products targeting personal care and cosmetics industry, although gains are marginal at present.
Food & Beverages Processing | Dietary Supplements | Personal Care & Cosmetics
* This data is only a representation. Actual data may vary and will be available in report.
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Overview
Probiotic Ingredients Market: Global Industry Analysis 2013-2018 & Opportunity Assessment 2019-2027
A recent market study published by FMI, “Probiotic Ingredients Market: Global Industry Analysis 2013-2018 & Forecast 2019-2027” offers a comprehensive assessment of the most important market dynamics. After conducting thorough research on the historical, as well as current growth parameters of the probiotic ingredients market, the growth prospects of the market are obtained with maximum precision.
Probiotic Ingredients Market Taxonomy
The global probiotic ingredients market is segmented in detail to cover every aspect of the market and present complete market intelligence to the reader.
By End Use
- Food & Beverages Processing
- Bakery & Confectionery
- Breakfast Solutions
- Cultured Dairy Products
- Ice Cream & Frozen Desserts
- Snacks & Bars
- Infant Nutrition
- Beverages & Dairy Drinks
- Dietary Supplements
- Immune Health
- Gut & Digestive Health
- Women's Health
- Personal Care & Cosmetics
- Animal Feed
By End Product Form
- Powder
- Suspension
- Granule
- Capsule
- Stick Pack
- Tablet/Chewable
- Gel
Region
- North America
- Latin America
- Europe
- Japan
- APEJ
- Oceania
- Middle East & Africa
What's Included
The report commences with the executive summary of the probiotic ingredients market, which includes a summary of the key findings and key statistics of the market. It also includes the market value (US$ million) estimates of the leading segments of the probiotic ingredients market.
Readers can find the detailed taxonomy and the definition of the probiotic ingredients market in this chapter, which will help them understand the basic information about the probiotic ingredients market. This section also highlights the inclusions and exclusions, which helps the reader understand the scope of the probiotic ingredients market report.
The report provides key market trends that are expected to impact the market growth significantly during the forecast period. Detailed industry trends are provided in this section, along with key market development or product innovations.
This section includes the key inclusions of the report. It includes product adoption & usage analysis, reimbursement scenario, pipeline assessment & opportunity analysis, and manufacturer strategies for market expansion.
This section explains the global market value analysis and forecast for the probiotic ingredients market between the forecast period of 2013-2027. This chapter includes the detailed analysis of the historical probiotic ingredients market, along with an opportunity analysis of the future. Readers can also find the absolute opportunity for the current year (2019 – 2020), and an incremental opportunity for the forecast period (2019 – 2027).
This section highlights the average price of bacteria and yeast probiotic ingredients in different regions throughout the globe. The pricing benchmark for manufacturer-level pricing and distributor-level pricing is analyzed in this section.
This section explains the global market volume analysis and forecast for the probiotic ingredients market between the forecast period of 2019-2027.
This chapter explains the key macro-economic factors that are expected to influence the growth of the probiotic ingredients market over the forecast period. Along with macroeconomic factors, this section also highlights the opportunity analysis for the probiotic ingredients market. This chapter also highlights the key market dynamics of the probiotic ingredients market, which include the drivers, restraints, and trends. Moreover, readers will understand the key trends followed by the leading manufacturers in the probiotic ingredients market.
Based on product type, the probiotic ingredients market is segmented into bacterial and yeast probiotic ingredients. In this chapter, readers can find information about key trends and developments in the probiotic ingredients market and market attractiveness analysis based on the product type.
This chapter provides details about the probiotic ingredients market on the basis of end user, and has been classified into food & beverages processing, dietary supplements, personal care & cosmetics, and animal feed. In this chapter, readers can understand the market attractive analysis based on the end user.
This chapter provides details about the probiotic ingredients market on the basis of end product form, and has been classified into powder, suspension, granule, capsule, stick pack, tablet/chewable, and gel. Readers can understand the market attractive analysis based on the end product form.
This chapter explains how the Probiotic Ingredients market will grow across various geographic regions, such as North America, Latin America, Europe, APEJ, Japan, Oceania, and the Middle East & Africa (MEA)
This chapter includes a detailed analysis of the growth of the North America probiotic ingredients market, along with a country-wise assessment that includes the U.S. and Canada. Readers can also find the regional trends, regulations, and market growth based on the end users and countries in North America.
Readers can find detailed information about several factors, such as the pricing analysis and the regional trends, which are impacting the growth of the Latin America Probiotic Ingredients market. This chapter also includes the growth prospects of the probiotic ingredients market in the leading LATAM countries such as Brazil, Mexico, Chile, Peru, Argentina, and the Rest of Latin America.
Important growth prospects of the probiotic ingredients market based on its end use in several countries such as Germany, the UK, Germany, France, Spain, Italy, Russia, Poland, BENELUX, and the Rest of Europe, are included in this chapter.
India, China, and ASEAN are the leading countries in the APEJ region that are the prime subjects of assessment to obtain the growth prospects of the APEJ probiotic ingredients market in this chapter. Readers can find detailed information about the growth parameters of the APEJ probiotic ingredients market during the period 2019-2027.
This chapter highlights the growth of the probiotic ingredients market in Japan. This section also helps readers understand the key factors that are responsible for the growth of the probiotic ingredients market in Japan.
In this chapter, Australia and New Zealand are among the leading countries in the Oceania region, which are the prime subjects of assessment to obtain the growth prospects of the Oceania probiotic ingredients market.
This chapter provides information about how the probiotic ingredients market will grow in major countries in the MEA region such as GCC Countries, Turkey, Iran, Israel, South Africa, Northern Africa and the rest of MEA, during the forecast period 2019 - 2027.
In this chapter, readers can find detailed information about tier analysis and market concentration of the key players in the probiotic ingredients market along with their market presence analysis by region and product portfolios.
In this chapter, readers can find a comprehensive list of all the leading stakeholders in the probiotic ingredients market, along with detailed information about each company, which includes the company overview, revenue shares, strategic overview, and recent company developments. Some of the market players featured in the report are Chr. Hansen A/S, Probi AB, BioGaia AB, Probiotics International Limited, Lallemand Inc., DowDuPont Inc. Novozymes A/S, Lesaffre et Compagnie, SA, Sabinsa Corporation, and Ganeden, Inc., amongst others.
This chapter includes a list of acronyms and assumptions that provide a base to the information and statistics included in the probiotic ingredients report.
This chapter helps readers understand the research methodology followed to obtain the various conclusions as well as important qualitative and quantitative information about the probiotic ingredients market.
How the research was conducted?
Primary Research
Primary research interviews with key opinion leaders and other participants were conducted for data collection and validation of the below information:
- Adoption of Probiotic Ingredients
- Average Usage Pattern Per Customer
- Average Selling Price (Us$) and Market Growth
- Key Developments
- Key Trends and Opportunities
- Regional wise Dynamics
- Reimbursement Landscape
- Market Share Information
- Key Brands
- Competition & Key Vendor Strategies
Secondary Research
- Food and Agriculture Organization
- United States Department of Agriculture
- UN Comtrade
- FDA (Food & Drug Administration)
- Eurostats
- European Chemical Agency (ECHA)
- United States Environmental Protection Agency (US EPA)
- Agriculture and Horticulture Development Board
- ITC World Map
- Organization for Economic
- Co-operation and Development
- Common Fund for Commodities
- World Bank
- Annual Report & Form 10k
- Investor Presentations by key players
Primary Interview Splits
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