France Probiotics Market Size & Outlook, 2023-2030
France probiotics market, 2017-2030 (US$M)
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France probiotics market highlights
- The France probiotics market generated a revenue of USD 2,413.3 million in 2023 and is expected to reach USD 5,739.6 million by 2030.
- The France market is expected to grow at a CAGR of 13.2% from 2024 to 2030.
- In terms of segment, probiotic food & beverages was the largest revenue generating form in 2023.
- Probiotic Dietary Supplements is the most lucrative form segment registering the fastest growth during the forecast period.
Probiotics market data book summary
| Market revenue in 2023 | USD 2,413.3 million |
| Market revenue in 2030 | USD 5,739.6 million |
| Growth rate | 13.2% (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 |
Other key industry trends
- In terms of revenue, France accounted for 2.8% of the global probiotics market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, UK probiotics market is projected to lead the regional market in terms of revenue in 2030.
- UK is the fastest growing regional market in Europe and is projected to reach USD 7,827.2 million by 2030.
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Probiotics Market Scope
Probiotics Market Companies
| Name | Profile | # Employees | HQ | Website |
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France 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 60.5% in 2023. Horizon Databook has segmented the France 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.
There is a growing awareness in France about the importance of maintaining good gut health, which has led to an increased interest in probiotic products. With increasing disposable income, consumers are willing to spend more on health and wellness products, including probiotics.
France's decision to allow the use of the "probiotic" label for dietary supplements is a significant driving factor for the growth of the probiotics market in the country. This regulatory change aligns France with other European Union (EU) member states and facilitates the marketing and sale of probiotic supplements.
The approval of the "probiotic" label in 2022, provides manufacturers with clearer guidelines and enables them to communicate the specific health benefits of their products to consumers. This regulatory support enhances consumer trust and confidence in probiotic supplements, ultimately driving demand and the market.
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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 country-level data and insights on the France probiotics market , including forecasts for subscribers. This country databook contains high-level insights into France probiotics market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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France probiotics market size, by form, 2017-2030 (US$M)
France Probiotics Market Outlook Share, 2023 & 2030 (US$M)
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