Probiotics In Human Nutrition Market Updates

Skyquest Technology's expert advisors continuously track and analyze the latest developments and updates related to probiotics in human nutrition market. Our team of analysts stay abreast of all the recent news stories shaping the industry including new product launches by major companies, strategic partnerships, M&As, Patent filings and industry and regulatory developments.

Probiotics In Human Nutrition Market News

  • In June 2022, Amway Korea unveiled new probiotics and unveiled microbiome testing.
  • In January 2021, The "Probiotic + Prebiotic" plant-based pills were introduced by Wellbeing Nutrition

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Global Probiotics In Human Nutrition Market size was valued at USD 62.5 billion in 2023 and is poised to grow from USD 67.19 billion in 2024 to USD 119.83 billion by 2032, growing at a CAGR of 7.5% during the forecast period (2025-2032).

The leading companies dominate the industry due to their extensive worldwide reach and reliable distributed systems. These players concentrate on various business tactics, such as establishing long-term supply agreements with numerous distribution channels, to survive the competition. Due to the availability of a target customer base in the area, significant businesses have increasingly focused on entering the Southeast Asian markets throughout the years. 'Danone S.A. (France)', 'Yakult Honsha Co., Ltd. (Japan) ', 'Nestlé S.A. (Switzerland) ', 'Chr. Hansen Holding A/S (Denmark) ', 'International Flavors & Fragrances Inc. (IFF) (USA) ', 'Archer Daniels Midland Company (ADM) (USA) ', 'Probi AB (Sweden) ', 'BioGaia AB (Sweden) ', 'Morinaga Milk Industry Co., Ltd. (Japan) ', 'Lifeway Foods, Inc. (USA) ', 'General Mills, Inc. (USA) ', 'PepsiCo, Inc. (USA) ', 'Kerry Group plc (Ireland) ', 'Lallemand Inc. (Canada) ', 'UAS Laboratories LLC (USA) ', 'Winclove Probiotics B.V. (Netherlands) ', 'DSM-Firmenich (Netherlands/Switzerland) ', 'Sabinsa Corporation (USA) ', 'Protexin (UK) (part of ADM) ', 'Bifodan A/S (Denmark)'

Natural food items are becoming more popular as people become more aware of the importance of living a healthy lifestyle. The probiotics industry is being driven by this rising awareness of health and nutrition goods. The intake of goods with natural ingredients, particularly probiotics, is significantly influenced by personal well-being. The market for probiotic components has grown as consumers have understood the health benefits of include probiotics in their daily diets, including better intestinal health, decreased calorie consumption, higher immunity, and improved calcium absorption.

In addition to other dietary supplements, market participants have launched new products that include probiotic supplements. There are many different types of probiotic supplements, including pills, drops, capsules, and probiotics, that contain distinct probiotic strains. It's expected that producers of private label and branded goods will keep growing their product offerings in the probiotic product categories.

In 2021, North America will command a revenue share of more than 30% of the worldwide market. Because of the competitive techniques used by multinational firms, the area is seeing a significant increase in consumer awareness. Demand from nations such utilized, China, and Australia is helping to drive overall development. The expanding population, together with rising disposable income and an improved standard of life, is predicted to fuel regional market expansion.

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Global Probiotics in Human Nutrition Market
Probiotics In Human Nutrition Market

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