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 |
|---|
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
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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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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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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.
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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)
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