North America Probiotics Market Size & Outlook, 2023-2030
North America probiotics market, 2017-2030 (US$M)
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North America probiotics market highlights
- The North America probiotics market generated a revenue of USD 24,034.5 million in 2023.
- The market is expected to grow at a CAGR of 13.3% 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.
- Country-wise, U.S. is expected to register the highest CAGR from 2024 to 2030.
North America data book summary
| Market revenue in 2023 | USD 24,034.5 million |
| Market revenue in 2030 | USD 57,434.1 million |
| Growth rate | 13.3% (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 |
| 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, North America region accounted for 27.4% of the global probiotics market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 89,728.4 million by 2030.
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Probiotics Market Scope
Probiotics Market Companies
| Name | Profile | # Employees | HQ | Website |
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North America 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 62.77% in 2023. Horizon Databook has segmented the North America 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.
North America is one of the prominent regional markets for probiotics owing to higher market penetration in the developed economies of the region, such as the U.S. and Canada. A growing consumer base in developing economies such as Mexico is also propelling the consumption of probiotics.
Rising awareness regarding healthy lifestyles and increasing disposable incomes are the major factors contributing to the growth of the market in the region. Food & beverages is the leading product segment in the North American region owing to the health benefits associated with functional foods offered under this segment.
Non-dairy probiotic products are witnessing rising popularity owing to increasing demand for lactose-free commodities. Poor eating habits, heavy consumption of processed food, and digestive issues are common in the region, and to combat these concerns, food products incorporating probiotics are finding high acceptance.
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Our clientele includes a mix of probiotics market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the North America probiotics market , including forecasts for subscribers. This continent databook contains high-level insights into North America probiotics market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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North America probiotics market size, by country, 2017-2030 (US$M)
North America Probiotics Market Outlook Share, 2023 & 2030 (US$M)
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