Market revenue in 2023 | USD 6,382.0 million |
Market revenue in 2030 | USD 16,868.9 million |
Growth rate | 14.9% (CAGR from 2023 to 2030) |
Largest segment | Probiotic food & beverages |
Fastest growing segment | Probiotic Dietary Supplements |
Historical data | 2017 - 2022 |
Base year | 2023 |
Forecast period | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Probiotic Food & Beverages, Probiotic Dietary Supplements, Animal Feed Probiotics |
Key market players worldwide | Arla Foods, BioGaia AB Class B, Danone SA, DuPont de Nemours Inc, General Mills Inc, Lifeway Foods Inc, Kerry Group PLC Class A, Nestle SA, Probi AB, Yakult Honsha Co Ltd, Chr. Hansen, i-Health, Lallemand, Mother Dairy |
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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 63.1% in 2023. Horizon Databook has segmented the China 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.
China is the second-leading probiotics market globally. The country accounts for almost 50 percent of the total intake of probiotics in the Asia Pacific region. The market is mainly being driven by rising awareness among the consumers regarding the important role gut health in overall wellness.
The country is also flourishing in a favorable policy environment in which the government has allocated key sectors including the food sector as a fundamental part of its National Nutrition Plan and Healthy China 2030 Plan.
In addition, the rising prevalence of digestive disorders among the Chinese population is fueling demand for probiotics. Changes in lifestyle, including increased consumption of processed and fast foods, have increased digestive issues such as bloating, constipation, and diarrhea.
Horizon Databook provides a detailed overview of country-level data and insights on the China probiotics market , including forecasts for subscribers. This country databook contains high-level insights into China probiotics market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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