Market revenue in 2023 | USD 3,131.5 million |
Market revenue in 2030 | USD 7,827.2 million |
Growth rate | 14% (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 61.8% in 2023. Horizon Databook has segmented the UK 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 U.K. probiotic market is flourishing with the rising demand for nutritional supplements, pet food, and functional food & beverages in the country. Prevention of intestinal diseases, management of body weight, and mitigation of digestion issues are some benefits offered by probiotics after their regular consumption.
Moreover, the presence of lactose-intolerant consumers in the country is also a key reason for the growth of the probiotic market in the U.K. Nestlé SA, Danone, and Yakult are key companies operating in the probiotic market in the U.K.
Product innovation and new product launches are major factors driving the growth of the probiotic dietary supplements market in the U.K. The company launched these chewable probiotic gummies for adult consumers.
Horizon Databook provides a detailed overview of country-level data and insights on the UK probiotics market , including forecasts for subscribers. This country databook contains high-level insights into UK probiotics market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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