Saudi Arabia Probiotics Market Size & Outlook, 2023-2030
Saudi Arabia probiotics market, 2017-2030 (US$M)
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Saudi Arabia probiotics market highlights
- The Saudi Arabia probiotics market generated a revenue of USD 464.9 million in 2023 and is expected to reach USD 1,191.9 million by 2030.
- The Saudi Arabia market is expected to grow at a CAGR of 14.4% 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 464.9 million |
| Market revenue in 2030 | USD 1,191.9 million |
| Growth rate | 14.4% (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, Saudi Arabia accounted for 0.5% 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 Middle East & Africa, Saudi Arabia probiotics market is projected to lead the regional market in terms of revenue in 2030.
- Saudi Arabia is the fastest growing regional market in Middle East & Africa and is projected to reach USD 1,191.9 million by 2030.
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Probiotics Market Scope
Probiotics Market Companies
| Name | Profile | # Employees | HQ | Website |
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Saudi Arabia 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 63.11% in 2023. Horizon Databook has segmented the Saudi Arabia 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.
Saudi Arabia dominates the probiotics market in the Middle East & Africa. Conventional livestock feed in the country is dependent on agricultural products such as rice bran, groundnut meal, sorghum, soybean meal, and maize.
Increasing requirement of ensuring the health of livestock, coupled with the threat of disease outbreaks from them and their products, has led to the adoption of probiotics in animal feed. The incorporation of probiotics into animal feed not only keeps livestock healthy but also improves quality of their products such as milk and eggs.
There are significant gaps in knowledge and practical models of using probiotics in animal feed in Saudi Arabia. The Consumer Protection Society (CPS) of the country is against injecting antibiotics into the meat and is currently working with the Saudi Food and Drug Authority (SFDA) to control the use of antibiotics in meat.
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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 Saudi Arabia probiotics market , including forecasts for subscribers. This country databook contains high-level insights into Saudi Arabia probiotics market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Saudi Arabia probiotics market size, by form, 2017-2030 (US$M)
Saudi Arabia Probiotics Market Outlook Share, 2023 & 2030 (US$M)
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