Probiotic Ingredients Market Revenue Growth is Making Marketplace Explosive

HTF Market Report

Updated · Jul 05, 2023

Probiotic Ingredients Market Revenue Growth is Making Marketplace Explosive

Published Via 11Press : The market for global probiotic ingredients is anticipated to grow at a CAGR of 8.5% from 2017 to 2029, according to HTF Market Intelligence.

Probiotics are living microorganisms that are advertised with the idea that when taken, they improve or restore the gut microbiota, hence promoting health benefits. Although probiotics are typically thought to be safe to eat, occasionally bacteria-host interactions and undesirable side effects may happen. Probiotics may be able to aid with some illnesses, however, there is scant evidence to support many of the claimed health advantages. Stricter standards for scientific validation of alleged probiotic advantages provided by microorganisms have been set in response to the expanding probiotics sector. Although there are many advertised benefits of utilizing consumer probiotic products, such as easing constipation, boosting immune function, lowering gastrointestinal discomfort, or preventing the common cold, these claims are not backed by scientific research.

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The intricate process of manipulating the gut microbiota may cause interactions between bacteria and hosts. Probiotics are usually thought to be harmless, however, some people worry about their safety in particular circumstances. A greater risk of adverse events may exist in people with immunodeficiency, short bowel syndrome, central venous catheters, cardiac valve dysfunction, and premature newborns. In very unwell individuals with inflammatory bowel illness, there is a danger of viable bacteria translocating from the gastrointestinal tract to internal organs (bacterial translocation), which can have detrimental effects on health. Consuming probiotics can cause bacteremia or fungemia, both of which can cause sepsis, a potentially fatal condition, in kids with weakened immune systems or those who are already seriously unwell.

 

Attributes Details
Study Period 2018-2029
Base Year 2022
Forecast Period 2023-2029
Volume Unit K Units
Value Unit USD (Billion)
Dominating Type Therapy
Customization in Scope Purchase the Probiotic Ingredients Market research and receive customization. Subject to practicality, you can include or modify a country, area, or acquire a more detailed segmentation in the final output.

Major players such as:

CHR. Hansen (Denmark)

Danone (France)

Yakult Honsha (Japan)

Dowdupont (United States)

Kerry (Ireland)

Probi AB (Sweden)

Nestle (Switzerland)

Biogaia (Sweden)

Morinaga Milk Industry (Japan)

Glac Biotech (Taiwan)

Bifodan A/S (Denmark)

Breakdown by Application:

  • Probiotic Food & Beverages
  • Probiotic Dietary Supplements
  • Animal Feed Probiotics

 By Type:

  • Regular
  • Preventative
  • Therapy

 By Form:

  • Dry/Powder
  • Liquid

By Ingredient:

  • Bacteria
  • Yeast
  • Spore Formers

  • In addition to its Pro and Original brands, Bio-K Plus International, a Kerry company, announced on September 13, 2021, that it has launched its Extra range of functional, liquid probiotic supplements.
  • The product is designed as a practical choice for active customers and boasts a tall probiotic satisfied with 80 billion CFU, a protein basis of agitated oats and pumpkin pits, and additional clinically demonstrated ingredients.
  • The market for probiotic ingredients is very diverse and includes the food and beverage industry as well as the animal and human healthcare industries. By implementing new technological advancements, the top market players can lower their costs of production.
  • Companies engage in promotional operations and raise the bar for testing and labeling in order to compete with other bug players on the market. In order to increase their market share, probiotic ingredient manufacturers target popular foods and drinks.
  • Market companies are also focusing on healthcare institutions around the world to boost their business as health awareness has increased.
  • Market participants are becoming proficient enough to employ sustainable manufacturing, labeling, and packaging practices.

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Regulatory Insights:

  • The intended application of the product has a significant impact on the probiotics regulations in the United States.
  • Probiotics are often classified as nutritional supplements and food additives. Probiotics can, however, also be employed in medical procedures.
  • The U.S. Food and Drug Administration (FDA) regulates probiotic ingredients. provided under the GRAS program (Generally Recognised as Safe).
  • Under the program, one of two histories of use scientific methodologies can be used to earn GRAS accreditation.

Influencing Trend:

  • The demand for probiotic components has increased as a result of the current trend of rising disposable income in developing regions.
  • The market for probiotic components will expand in lockstep with the growth of the food and beverage production sector.
  • Consumption of natural and organic products is on the rise, which is driving up the demand for dietary supplements, which in turn is driving up the demand for probiotic ingredients.
  • Due to the enormous future potential of this sector, businesses are pouring a lot of money into R&D and manufacturing to promote innovation.
  • The probiotic ingredient market uses biotechnology in a variety of market segments with the goal of protecting the environment in order to meet the demands of a growing population.

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Market Growth Drivers:

  • As consumers become more health-conscious, the market for probiotic components is experiencing increased demand.
  • Young people consume huge amounts due to the increased knowledge of health and well-being thanks to multi-channel marketing activities, which have significantly changed their consumption patterns.
  • The demand for probiotic components has increased as a result of the accessibility of knowledge about health issue prevention.
  • People with blood pressure difficulties, diabetes, digestive disorders, and other immune problems can benefit from probiotic ingredients.
  • Because probiotics can reduce the levels of several stress hormones, autistic persons and those who care about their mental health frequently ingest them.
  • In areas with higher obesity rates, the demand for probiotic components is very strong. Rising livestock practices in emerging and impoverished regions are another factor influencing the need for probiotic components, as these nutrients have been shown to be extremely nourishing for the health of animals.

Challenges:

  • Probiotics labeling regulations and rigorous restrictions are limiting the market for probiotics components.
  • There are numerous products on the market today that are sold as “probiotics,” although having no demonstrated health advantages because using the term “probiotics” is not illegal.
  • The price of probiotic components is another significant problem.
  • The cost of items rises as a result of businesses’ large investments in R&D, labeling, legislation, and manufacturing infrastructure.
  • Additionally, rising inflation may negatively impact consumer purchasing patterns for probiotic products, which could harm the market for probiotic components.

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