Probiotics Market Share 2022 Growth Challenges, Opportunities and Future Trends 2028

The global probiotics market is anticipated to grow at a considerable CAGR of 5.9 % during the forecast period (2022- 2028). Key acquisitions and product developments are anticipated to drive global probiotics during the forecast period. The key companies operating in the industry are highly inclined towards the adoption of different growth strategies including capacity expansion, partnerships, mergers and acquisitions, geographical expansions, and product innovations to remain competitive in the market. For instance, in October 2021, Clio launched a probiotic-infused yogurt bar. Clio stated that the product is a less sugar bar, thus yogurt bar can also be consumed by the consumers who follow the lifestyle as well as the consumers who are sugar and calorie-conscious. Thus, the growing consumer understanding and its effects are likely to increase the product demand at a healthier pace. Further, in June 2020, Danone launched super animals. The product is a low-fat yogurt created to assist kids' immune systems.

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Additionally, in February 2021, ADM has acquired Deerland Probiotics & Enzymes owing to expanding its portfolio of health and wellness products and solutions. Similarly, in August 2021, Probi expanded its portfolio into oral probiotics with Blis Technologies acquisition owing to leverage manufacturing capacity to ramp up its production output and profitability. The oral probiotic contains K12 and M18 strains, that assist to improve natural immune defenses by warding off oral infections.

Market Coverage

· The market number available for - 2021-2028

· Base year- 2021

· Forecast period- 2022-2028

Segment Covered-

· By Type

· By Application

Regions Covered-

· North America

· Europe

· Asia-Pacific

· Rest of the World

Competitive Landscape- including Amul, BioGaia AB, Dupont nutrition and health, Nestle nutrition and health, and more.

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Global Probiotics Market Report Segment

By Type

Ø Bacteria

· Lactobacillus

· Streptococcus

· Bifidobacterium

Ø Yeast

· Saccharomyces

· Boulardi)

By Application

Ø Human Probiotics

· probiotics food & beverages

Ø Animal Feed Probiotics

Global Probiotics Market Report Segment by Region

North America

· United States

· Canada

Europe

· UK

· Germany

· Spain

· France

· Italy

· Rest of Europe

Asia-Pacific

· India

· China

· Japan

· South Korea

· Rest of APAC

Rest of the World

· Latin America

· Middle East & Africa

Company Profiles

· Archer Daniels Midland Co.

· Arla Foods

· Bifodan A/S

· Bio-K International ,Inc.

· Chr. Hansen Holdings A/S

· Deerland Enzymes ,Inc.

· glac Biotech Group

· Kerry Group PLC

· Lallemand Inc.

· Lifeway Foods Inc.

· Morinaga Milk Industry Co., L

· Probi AB

· UAS Laboratories LLC

· Yakult Honsha Co. ltd.

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