The global Probiotic Ingredients Market is estimated to be valued at US$ 5340.5 Bn in 2023 and is expected to exhibit a CAGR of 4.0% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.

Market Overview:

Probiotic ingredients are live microorganisms that provide beneficial health effects to the host when administered in adequate amounts. Probiotic ingredients are commonly used in functional foods like yogurt, fermented beverages, and dietary supplements. These products aid in maintaining gut and digestive health.

Market key trends:

The growing consumer awareness regarding the gut and digestive health benefits of probiotics is fueling the demand for functional foods with probiotic ingredients. The rising demand for organic and natural preservatives in food products is also boosting the probiotic ingredients market growth. The emergence of new probiotic strains such as Bifidobacterium animalis, Lactobacillus casei, and Lactobacillus acidophilus with enhanced digestive and immune-modulating properties is expected to present lucrative opportunities to probiotic ingredients manufacturers. The adaption of clean label practices by food producers and advances in microencapsulation technology to improve the viability of probiotic bacteria are some of the key trends expected to positively influence the market over the forecast period.

Segment Analysis

The global probiotic ingredients market is segmented into bacteria and yeast. The bacteria segment currently dominates the market and is expected to remain dominant during the forecast period. This is because bacteria such as lactobacillus and bifidobacterium are widely used as probiotic ingredients in food and beverages. Lactobacillus makes up around 85% of the total microorganisms in probiotic products as they can survive the digestive conditions and provide beneficial effects to human health.

Key Takeaways

The Global Probiotic Ingredients Market Demand is expected to witness high growth, exhibiting CAGR of 4.0% over the forecast period, due to increasing health awareness among consumers regarding gut health and wellness.

Regional analysis
North America dominates the global probiotic ingredients market and is expected to continue its dominance during the forecast period. This is attributed to rising awareness about digestive health and growing consumption of probiotic supplements in the region. Asia Pacific is anticipated to be the fastest growing market for probiotic ingredients driven by rising health consciousness and increasing expenditure on probiotic enriched foods.

Key players
Key players operating in the probiotic ingredients market are Kerry Inc., Chr. Hansen Holding AS, Koninklijke DSM NV, DuPont De Neumors, Inc., Lallemand Inc., Associated British Foods PLC, Nutris, Archer Daniels Midland Company, Advanced Enzyme Technologies, and Orffa.

Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it