According to research by Future Market Insights, The Probiotic Yeast market is anticipated to expand at a CAGR of 5.30% during the forecasted period. According to Forecasts, the market would be worth US$ 554.3 Million by 2033, up from US$ 330.7 Million in 2023.
Attributes
Details
Market size value in 2023
US$ 330.7 Million
Market forecast value in 2033
US$ 554.3 Million
Forecast period
2023 to 2033
Global growth rate (CAGR)
5.30%
Share of Germany in The Probiotic Yeast Market
22.80%
Probiotics are live bacteria that have leaves and are given to meals to provide health benefits. Probiotic yeasts are non-pathogenic Saccharomyces cerevisiae strains. Probiotic yeast has been assumed to be superior to probiotic bacteria due to its intrinsic resistance to antibacterial antibiotics.
The inclusion of probiotic yeasts in animal feed helps human health by boosting fiber digestibility and animal performance, which increases meat, milk, and egg output. Food-derived probiotic yeasts can help lessen the toxicity of some harmful fungi that have gained resistance to routinely used antifungal medications, according to researchers from Mysore's Central Food Technological Research Institute (CFTRI) and a counterpart from the United States.
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Historical outlook Vs Future forecasts for Probiotic Yeast
According to Future Market Insights, the Probiotic Yeast market was growing at a CAGR of 5.90% to reach USD 312.3 million in 2022 from USD 248.3 million in 2018.
A recent study found that giving probiotic yeast to milking cows boosted their breeding success. Dietary supplements are a well-established technique for increasing cattle performance across a wide range of criteria. The probiotic yeast market is expected to expand the quickest over the forecast period, owing to the rising usage of probiotics for animal nutrition, growth promotion, and gut health improvement.
Country wise insights
How North America Holds the Largest Market Share in The Probiotic Yeast market?
North America is the largest market for probiotic yeast in terms of revenue and production. This fact is attributed to factors such as high economic growth in the region, rise in demand for food supplements, access to clinical research data and marketing initiatives towards convincing consumers of the efficacy of probiotics. As per a report by Global Market Insights Inc., The North American probiotics yeast market share will remain dominant with a CAGR of 10%.
The U.S. holds the majority share of the North American probiotic yeasts market due to increasing health awareness among consumers and need for fortified foods that aid general well-being. Factors like changing lifestyle, growing elderly population who seek preventive healthcare further aid this growth trend.
What makes Europe an Attractive Market for The Probiotic Yeast?
Europe is an attractive market for the probiotic yeast due to its large population, the prevalence of health and wellness trends, and the increasing demand for innovative products. With over 740 million people living in Europe, there is a huge potential customer base that could be explored by companies looking to break into this market. One advantage of Europe’s large population is that it can offer significant economies of scale compared to other markets.
Why is Asia Pacific Emerging as an Opportunistic The Probiotic Yeast Market?
The Asia Pacific region is emerging as an opportunistic market for probiotic yeast, with nutraceuticals and functional food companies showing a great deal of interest. The demand for probiotics has grown steadily in recent years due to its health benefits such as improved digestion, immunity regulation, and balanced gut microbiome. Moreover, the increasing prevalence of lifestyle diseases such as obesity, diabetes, and cancer have further increased the preference for probiotic products among consumers in this region.
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Category wise insights
How is the Pharmaceutical Industry Supporting Growth of the Probiotic Yeast Market?
The probiotic yeast market is growing in a significant manner, with the pharmaceutical industry playing an important role in this growth. Probiotics are live microorganisms which help to restore balance of the gut and keep away any kind of infections. The presence of beneficial bacteria and yeasts can aid the body's natural defence against gastrointestinal illnesses and improve overall health.
By Application, which Category will experience Maximum the Probiotic Yeast growth?
The probiotic yeast market is growing at a steady pace and its application field is vast. The pharmaceutical category is one of the leading sectors in terms of the growth of the probiotic yeast industry. This can be attributed to the increasing demand for probiotics-based medicines and drugs, along with various functional foods containing probiotics.
The pharmaceutical sector experienced maximum growth in terms of probiotic yeast due to their wide usage as an active ingredient in various drugs and supplements. Probiotic yeasts also have a number of health benefits such as improving digestion, immunity levels, fighting allergies, and aiding weight loss which makes them popular in dietary supplements. Moreover, they are used as a primary component for formulations that prevent several illnesses caused by microbial activity or infection such as diabetes and cancer.
Competitive landscape
The competitive landscape of the probiotic yeast market is constantly evolving, as new players enter and existing ones strive to stay ahead. For those looking to capitalize on this lucrative opportunity, understanding the competitive environment is essential.
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These are some of the major players in the Probiotic Yeast market
Mystical Biotech
BIOGIT
Jarrow Formulas
Hansen Holding A/S
ADM
Pharma Nord
Lesaffre
Angel Yeast Co. Ltd.
Alltech Inc.
Probiotic Yeast market report scope
Attribute
Details
Forecast period
2023 to 2033
Historical data available for
2018 to 2022
Market analysis
USD million in value
Key regions covered
North America
Eastern Europe
Western Europe
Japan
South America
Asian pacific
Middle east and Africa
Key countries covered
USA
Germany
France
Italy
Canada
UK
Spain
China
India
Australia
Key segments covered
Application
Type
Distribution channel
Region
Key companies profiled
Mystical Biotech
BIOGIT
Jarrow Formulas
Pharma Nord
Lesaffre
Angel Yeast Co. Ltd.
Report coverage
Market Forecast
Company Share Analysis
DROT Analysis
Market Dynamics
Competitive Landscape
Challenges
Strategic Growth Initiatives
Customization and Pricing
Available upon request
Probiotic Yeast market segmentation
By Type:
Food grade
Feed grade
By Application:
Pharmaceutical
Animal Feed
By Distribution channel:
Store Based Retail
Specialty Stores
Online Retail
Supermarkets
Hypermarkets
By region:
north America
Latin America
Asia pacific
eastern Europe
western Europe
Japan
Frequently Asked Questions
How big is the Probiotic Yeast market?
The Probiotic Yeast market size is assessed to US$ 330.7 Million in 2023.
At What Rate is Probiotic Yeast market expected to rise?
The Probiotic Yeast market is expected to rise at a CAGR of 5.30%.
Which are the major countries driving demand for Probiotic Yeast market?
USA, China, Canada, Germany, China, India, UK, Australia are the major countries driving demand for Probiotic Yeast market.
At what rate will the China Probiotic Yeast market grow?
China Probiotic Yeast market is projected to grow at a CAGR of around 4.80% over the next ten years.
What is the market share of Germany Probiotic Yeast market?
Market share of Germany in Probiotic Yeast market is about 22.80% of the global market.
Who are the top 5 players operating in the market?
Mystical Biotech, BIOGIT, Jarrow Formulas, Pharma Nord, Lesaffre are expected to be the top players driving the market growth.
What is the demand outlook forecast for the Probiotic Yeast market?
The global Probiotic Yeast market is forecasted to surpass US$ 554.3 Million by the end of 2033.
