Global Probiotics Market Size & Outlook, 2023-2030
Global probiotics market, 2017-2030 (US$M)
Related Markets
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.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Probiotics Market Scope
Probiotics Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
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)
- Probiotic Food & Beverages
- Dairy
- Non-dairy
- Cereals
- Baked Food
- Fermented Meat
- Dry Food
- Probiotic Dietary Supplements
- Food Supplements
- Nutritional Supplements
- Specialty Supplements
- Infant Formula
- Animal Feed Probiotics
- Probiotic Food & Beverages
- 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)
- Hypermarket/Supermarket
- Pharmacies/Drugstore
- Specialty Stores
- Online Stores
- Others
Reasons to subscribe to Global probiotics market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Global probiotics market databook
-
Our clientele includes a mix of probiotics market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
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$M)
Global probiotics market share, by form, 2023 & 2030 (%, US$M)
Probiotics market: Opportunity assessment by country
Global probiotics market, by region, 2023 (US$M)
| Form | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 11,884.9 | 13,024.8 | 14,696.8 | 16,750.3 | 18,885.8 | 21,269.5 | 24,034.5 | 27,202.3 | 30,794.9 | 34,905.2 | 39,537.8 | 44,803.7 | 50,754.0 | 57,434.1 | 13.3% |
| Europe | 9,913.7 | 10,873.3 | 12,263.1 | 13,960.7 | 15,764.1 | 17,776.1 | 20,061.0 | 22,713.5 | 25,723.2 | 29,146.4 | 33,025.0 | 37,437.9 | 42,410.8 | 47,989.9 | 13.3% |
| Asia Pacific | 15,222.8 | 16,941.9 | 19,423.3 | 22,443.6 | 25,727.5 | 29,421.3 | 33,753.3 | 38,799.0 | 44,596.6 | 51,272.5 | 59,017.7 | 67,916.6 | 78,081.7 | 89,728.4 | 15.0% |
| Latin America | 2,683.7 | 2,955.6 | 3,351.6 | 3,834.6 | 4,348.3 | 4,922.0 | 5,588.2 | 6,357.4 | 7,234.4 | 8,237.1 | 9,383.3 | 10,689.8 | 12,170.1 | 13,846.8 | 13.8% |
| MEA | 1,966.9 | 2,180.0 | 2,492.9 | 2,876.2 | 3,282.3 | 3,730.9 | 4,279.9 | 4,899.5 | 5,621.5 | 6,440.0 | 7,396.5 | 8,477.9 | 9,711.3 | 11,138.9 | 14.6% |
| Overall | 41,672.0 | 45,975.6 | 52,227.7 | 59,865.4 | 68,008.0 | 77,119.8 | 87,716.9 | 99,971.7 | 113,970.6 | 130,001.2 | 148,360.3 | 169,325.9 | 193,127.9 | 220,138.1 | 14.1% |
Related industry reports
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
