
Report ID: SQMIG30I2299
Skyquest Technology's expert advisors continuously track and analyze the latest developments and updates related to probiotics 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.
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Global Probiotics Market Size was valued at USD 70.2 billion in 2023 and is poised to grow from USD 75.89 billion in 2024 to USD 141.5 billion by 2032, growing at a CAGR of 8.1% during the forecast period (2025-2032).
Danone (France), NestlE S.A. (Switzerland), Yakult Honsha Co., Ltd. (Japan), Hansen Holding A/S (Denmark), Probi AB (Sweden), Kerry Group plc (Ireland), Lallemand Inc. (Canada), BioGaia AB (Sweden), Sabinsa Corporation (US), Procter & Gamble Co. (US), Archer Daniels Midland Company (US), Amul (India), General Mills Inc. (US), Cargill, Incorporated (US), Biocodex (France), Lifeway Foods Inc. (US), Groupe Lactalis S.A. (France), Nature's Bounty Co. (US), Health & Happiness (H&H) International Holdings Ltd. (Hong Kong), I-HEALTH INC. (US)
Probiotics are becoming more effective, stable, and targeted as innovations in microbiome research and probiotic formulation pick up pace. New strains are being identified to treat specific conditions like eczema, obesity, and mental health disorders. Improved encapsulation technologies ensure probiotics survive stomach acids and reach the gut effectively. Devlopment of precision probiotics tailored for individual needs, ages, or conditions is gaining traction and driving the probiotics market outlook.
Probiotics companies are actively focusing on the R&D of vegan-friendly probiotic options. Replacement of traditional probiotic sources like dairy yogurts with alternatives derived from fermented soy, coconut, oats, and other non-dairy substrates is gaining traction. Fermented foods, kombucha, and dairy-free yogurts with live cultures are boosting this probiotics market trend. Plant-based probiotics align with sustainability goals, offering ethical alternatives without compromising gut health benefits.
Asia Pacific is slated to hold a dominant share of the global probiotics market sales outlook owing to increasing health awareness, urbanization, and traditional consumption of fermented foods. Evolving dietary habits, supportive nutrition initiatives by government, and an increase in disposable income are also helping this region hold sway over others. Rapid expansion of e-commerce and retail channels makes probiotic products more accessible. The region’s cultural familiarity with fermented ingredients such as kimchi, miso, and lassi aids natural market acceptance.
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Report ID: SQMIG30I2299
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