Global Probiotic Ingredients Market Size & Outlook
The probiotic ingredients industry worldwide is expected to reach a projected revenue of US$ 5,204.1 million by 2030. A compound annual growth rate of 8.9% is expected of the worldwide probiotic ingredients industry from 2024 to 2030.
Revenue, 2023 (US$M)
$2,862.5
Forecast, 2030 (US$M)
$5,204.1
CAGR, 2024 - 2030
8.9%
Report Coverage
Worldwide
Global probiotic ingredients market, 2018-2030 (US$M)
Related Markets
Global probiotic ingredients market highlights
- The global probiotic ingredients market generated a revenue of USD 2,862.5 million in 2023 and is expected to reach USD 5,204.1 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 8.9% by 2030.
- In terms of segment, dry/powder accounted for a revenue of USD 2,409.4 million in 2023.
- Liquid 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, Indonesia is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 2,862.5 million |
| Market revenue in 2030 | USD 5,204.1 million |
| Growth rate | 8.9% (CAGR from 2023 to 2030) |
| Largest segment | Dry/powder |
| Fastest growing segment | Liquid |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Dry/Powder, Liquid |
Other key industry trends
- In terms of revenue, the North America accounted for 26.6% of the global probiotic ingredients market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Indonesia is the fastest growing regional market and is projected to reach USD 33.6 million by 2030.
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Probiotic Ingredients Market Scope
Probiotic ingredients market segmentation & scope
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Probiotic Ingredients Market Companies
| Name | Profile | # Employees | HQ | Website |
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Global probiotic ingredients 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 probiotic ingredients market will help companies and investors design strategic landscapes.
dry/powder was the largest segment with a revenue share of 84.17% in 2023. Horizon Databook has segmented the Global probiotic ingredients market based on dry/powder, liquid covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Probiotic Ingredients Form Outlook (Revenue, USD Million, 2018-2030)
- Dry/Powder
- Liquid
- Global Probiotic Ingredients Ingredient Outlook (Revenue, USD Million, 2018-2030)
- Bacteria
- Lactobacilli
- Bifidobacterium
- Streptococcus
- Other Genus
- Yeast
- Spore Formers
- Bacteria
- Global Probiotic Ingredients Application Outlook (Revenue, USD Million, 2018-2030)
- Food & Beverages
- Dairy
- Cereals
- Baked Food
- Others
- Dietary Supplements
- Chewanles & Gummies
- Capsules
- Powders
- Tablets
- Soft Gels
- Others
- Animal Feed
- Others
- Food & Beverages
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Target buyers of Global probiotic ingredients market databook
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Our clientele includes a mix of probiotic ingredients market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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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 probiotic ingredients market , including forecasts for subscribers. This global databook contains high-level insights into Global probiotic ingredients market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global probiotic ingredients market statistics, by regions, 2018-2030 (US$M)
Top 10 countries: Probiotic ingredients market size, 2023 (USD Million)
Top 10 countries: Probiotic ingredients market size, 2023 (USD Million)
Global probiotic ingredients market, by region, 2023 (US$M)
Related regional statistics
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