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Probiotic Ingredients Market Size, Share, Trends Global Analysis 2022-2028

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Probiotic Ingredients Market Size, Share, Trends Global Analysis 2022-2028

According to our market study, titled "Probiotic Ingredients Market Forecast to 2028 – COVID-19 Impact and Global Analysis – by Type and Application," the market is expected to grow from US$ 3,493.42 million in 2021 to US$ 6,060.51 million by 2028; it is expected to grow at a CAGR of 8.2% from 2022 to 2028.

The demand for probiotic-infused dietary supplements has increased significantly in recent years due to the rising number of health-conscious people and the growing prevalence of digestive diseases. For instance, according to the Centre for Disease Control and Prevention, 37.2 million people in the US visited physician offices with digestive system diseases as the primary diagnosis in 2018. Thus, people are getting more aware of digestive health and prefer to consume probiotics. A healthy digestive system has been linked to mental health and immune response improvements. These dietary supplements improve digestion and nutrient absorption. They also protect proteins and lipids from oxidative damage and eliminate infections in the body. These factors are expected to boost the growth of the market.

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Probiotics are live microorganisms that provide health benefits when consumed, generally by improving or restoring the gut flora. Probiotics are considered generally safe to consume. Probiotics play a significant role in preventive healthcare as they prevent the occurrence of diseases by strengthening the immune system. Thus, rising awareness regarding preventive healthcare is expected to boost the market growth over the forecast period.

The Prominent/Emerging Players in the Probiotic Ingredients Market includes:

  1. ADM
  2. Novozymes A/S
  3. Chr. Hansen Holding A/S
  4. Kerry Group Plc.
  5. Lallemand Inc.
  6. IFF Nutrition & Bisosciences
  7. AngelYeast Co., Ltd.
  8. Probiotical S.p.A.
  9. Adisseo
  10. Probi

Rising Demand for Probiotic-Fortified Food and Beverages

Consumers are becoming more health-conscious and paying more attention to their lifestyles and diets, resulting in a boom in demand for probiotic-fortified foods and beverages worldwide. To suit consumer demand, food manufacturers are developing various new products with instructions and pictures in response to the current healthy eating trend. For instance, Yakult Honsha, a Japanese company, launched a probiotic dairy drink in 1955, which was dismissed by several industry experts; however, currently, it’s the world’s largest probiotic dairy brand found in Asia Pacific, Europe, and North Americas, which is driving the growth of market.

Probiotic Ingredients Market Segment Analysis:

Based on type, the probiotic ingredients market is segmented into Lactobacillus, Bifidobacterium, and Others. The Lactobacillus segment is projected to register the largest share during the forecast period. It is considered one of the safest bacteria to be used as probiotics. Lactobacillus is a type of bacteria that primarily finds application in fermented foods such as kefir, sauerkraut, and yogurt. Lactobacillus strains are helpful to people because they can reduce human intestinal disorders, which is expected to boost its demand. The growth of the lactobacillus segment is driven by the rising application of probiotics in food, especially dairy products, fueling the growth of the market.

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The Insight Partners is a one-stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Healthcare, Manufacturing and Construction, Media and Technology, Chemicals, and Materials.

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