India Probiotics Market Size & Outlook, 2023-2030
India probiotics market, 2017-2030 (US$M)
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India probiotics market highlights
- The India probiotics market generated a revenue of USD 5,738.1 million in 2023 and is expected to reach USD 16,151.1 million by 2030.
- The India market is expected to grow at a CAGR of 15.9% 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 5,738.1 million |
| Market revenue in 2030 | USD 16,151.1 million |
| Growth rate | 15.9% (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 |
Other key industry trends
- In terms of revenue, India accounted for 6.5% 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 Asia Pacific, China probiotics market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 16,151.1 million by 2030.
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Probiotics Market Scope
Probiotics Market Companies
| Name | Profile | # Employees | HQ | Website |
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India 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 61.8% in 2023. Horizon Databook has segmented the India 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.
The Indian probiotics market is currently in its emerging phase and manufacturers continue to focus on digestive and immune health. Liquid probiotics remain to lead the market with probiotic-filled beverages, milk, yogurt-based drinks, and juices.
Traditionally, curd has been consumed as a part of everyday meal across many Indian households in various preparations such as lassi (a yogurt-based sweet drink), shrikhand (a dessert made from strained yogurt), raita (a dish made from yogurt and finely chopped vegetables), and chaas (buttermilk).
Therefore, it is being marketed and introduced to the consumer as a healthy snack in spoonable and drinkable variations, packed with a robust mix of ingredients such as minerals, fats, proteins, carbohydrates, vitamins, and minerals.
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Our clientele includes a mix of probiotics market companies, investment firms, advisory firms & academic institutions.
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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 country-level data and insights on the India probiotics market , including forecasts for subscribers. This country databook contains high-level insights into India probiotics market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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India probiotics market size, by form, 2017-2030 (US$M)
India Probiotics Market Outlook Share, 2023 & 2030 (US$M)
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