Global Probiotics Market Size & Outlook, 2023-2030
Global probiotics market, 2017-2030 (US$M)
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Global probiotics market highlights
- The global probiotics market generated a revenue of USD 87,716.9 million in 2023 and is expected to reach USD 220,138.1 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 14% by 2030.
- In terms of segment, probiotic food & beverages accounted for a revenue of USD 53,742.1 million in 2023.
- Probiotic Dietary Supplements is the most lucrative form segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2023.
- Country-wise, Germany is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 87,716.9 million |
| Market revenue in 2030 | USD 220,138.1 million |
| Growth rate | 14% (CAGR from 2023 to 2030) |
| Largest segment | Probiotic food & beverages |
| Fastest growing segment | Probiotic Dietary Supplements |
| Historical data covered | 2017 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Probiotic Food & Beverages, Probiotic Dietary Supplements, Animal Feed Probiotics |
Other key industry trends
- In terms of revenue, the North America accounted for 27.4% of the global probiotics market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Germany is the fastest growing regional market and is projected to reach USD 6,785.8 million by 2030.
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Probiotics Market Scope
Probiotics Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Mother Dairy | View profile | 5001-10000 | New Delhi, Delhi, India, Asia | http://www.motherdairy.com/MotherDairyPages/home.aspx |
| i-Health | View profile | 101-250 | Cromwell, Connecticut, United States, North America | https://www.dsmihealth.com/ |
| Chr. Hansen | View profile | 10001+ | Hørsholm, Hovedstaden, Denmark, Europe | http://www.chr-hansen.com/en |
| Probi AB | View profile | 167 | Ideongatan 1 A, Lund, Sweden, SE-223 70 | https://www.probi.com |
| Lallemand | View profile | 5001-10000 | Rexdale, Ontario, Canada, North America | http://www.lallemand.com |
| BioGaia AB Class B | View profile | 211 | Kungsbroplan 3A, Stockholm, Sweden, SE-112 27 | https://www.biogaia.se |
| Arla Foods | View profile | 10001+ | Viby, Skane Lan, Sweden, Europe | http://www.arla.com |
| Lifeway Foods Inc | View profile | 289 | 6431 West Oakton Street, Morton Grove, IL, United States, 60053 | https://www.lifewaykefir.com |
| Yakult Honsha Co Ltd | View profile | 29880 | 1-19 Higashi Shimbashi 1-chome, Minato-ku, Tokyo, Japan, 105-0021 | http://www.yakult.co.jp |
| General Mills Inc | View profile | 34000 | Number One General Mills Boulevard, Minneapolis, MN, United States, 55426 | https://www.generalmills.com |
| Kerry Group PLC Class A | View profile | 21000 | Prince's Street, Tralee, Kerry, Ireland, V92 EH11 | https://www.kerry.com |
| DuPont de Nemours Inc | View profile | 24000 | 974 Centre Road, Building 730, Wilmington, DE, United States, 19805 | https://www.dupont.com |
| Danone SA | View profile | 88843 | 17, Boulevard Haussmann, Paris, France, 75009 | https://www.danone.com |
| Nestle SA | View profile | 270000 | Avenue Nestle 55, Vevey, Switzerland, CH-1800 | https://www.nestle.com |
Global probiotics market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to probiotics market will help companies and investors design strategic landscapes.
Probiotic food & beverages was the largest segment with a revenue share of 61.27% in 2023. Horizon Databook has segmented the Global probiotics market based on probiotic food & beverages, probiotic dietary supplements, animal feed probiotics covering the revenue growth of each sub-segment from 2017 to 2030.
- Global Probiotics Form Outlook (Revenue, USD Million, 2017-2030)
- Animal Feed Probiotics
- Probiotic Food & Beverages
- Dairy
- Fermented Meat
- Dry Food
- Non-dairy
- Cereals
- Baked Food
- Probiotic Dietary Supplements
- Infant Formula
- Food Supplements
- Specialty Supplements
- Nutritional Supplements
- Global Probiotics Ingredients Outlook (Revenue, USD Million, 2017-2030)
- Bacteria
- Yeast
- Global Probiotics End Use Outlook (Revenue, USD Million, 2017-2030)
- Human Probiotics
- Animal Probiotics
- Global Probiotics Distribution Channel Outlook (Revenue, USD Million, 2017-2030)
- Others
- Hypermarket/Supermarket
- Pharmacies/Drugstore
- Specialty Stores
- Online Stores
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Target buyers of Global probiotics market databook
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Our clientele includes a mix of probiotics market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of global-level data and insights on the Global probiotics market , including forecasts for subscribers. This global databook contains high-level insights into Global probiotics market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Global probiotics market size, by regions, 2017-2030 (US$M)
Top 10 countries: Probiotics market size, 2023 (US$M)
Global probiotics market share, by end use, 2023 & 2030 (%, US$M)
Probiotics market: Opportunity assessment by country
Global probiotics market, by region, 2023 (US$M)
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