Germany Synbiotic Product Market Size & Outlook, 2019-2027
Germany synbiotic product market, 2016-2027 (US$M)
Related Markets
Germany synbiotic product market highlights
- The Germany synbiotic product market generated a revenue of USD 53.4 million in 2019 and is expected to reach USD 86.5 million by 2027.
- The Germany market is expected to grow at a CAGR of 6.2% from 2020 to 2027.
- In terms of segment, functional food & beverages was the largest revenue generating product in 2019.
- Dietary Supplements is the most lucrative product segment registering the fastest growth during the forecast period.
Synbiotic product market data book summary
| Market revenue in 2019 | USD 53.4 million |
| Market revenue in 2027 | USD 86.5 million |
| Growth rate | 6.2% (CAGR from 2019 to 2027) |
| Largest segment | Functional food & beverages |
| Fastest growing segment | Dietary Supplements |
| Historical data | 2016 - 2018 |
| Base year | 2019 |
| Forecast period | 2020 - 2027 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Functional Food & Beverages, Dietary Supplements, Other Products |
| Key market players worldwide | Danone SA, Yakult Honsha Co Ltd, United Natural Foods Inc, Pfizer Inc, Sabinsa Corporation, Probiotical, Synbiotic Health, NUtech Ventures |
Other key industry trends
- In terms of revenue, Germany accounted for 7.6% of the global synbiotic product market in 2019.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2027.
- In Europe, Germany synbiotic product market is projected to lead the regional market in terms of revenue in 2027.
- UK is the fastest growing regional market in Europe and is projected to reach USD 66.3 million by 2027.
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Synbiotic Product Market Scope
Synbiotic Product Market Companies
| Name | Profile | # Employees | HQ | Website |
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Germany synbiotic product 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 synbiotic product market will help companies and investors design strategic landscapes.
Functional food & beverages was the largest segment with a revenue share of 82.96% in 2019. Horizon Databook has segmented the Germany synbiotic product market based on functional food & beverages, dietary supplements, other products covering the revenue growth of each sub-segment from 2016 to 2027.
Synbiotic products are becoming more popular as a result of the existence of major players in the country, such as SynBiotic SE. With increased awareness of the health advantages of synbiotic products and increased product innovation and development, the synbiotic product market in the country is anticipated to grow over the forecast period.
Synbiotic products have experienced a surge in demand as a result of the rising consumer focus on weight management and gut health improvement. Synbiotic yogurt and ice cream are becoming more popular in the country as a result of the innovation and development efforts of companies such as SynBiotic SE and Seed Heath, Inc.
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Our clientele includes a mix of synbiotic product market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Germany synbiotic product market, including forecasts for subscribers. This country databook contains high-level insights into Germany synbiotic product market from 2016 to 2027, including revenue numbers, major trends, and company profiles.
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Germany synbiotic product market size, by product, 2016-2027 (US$M)
Germany Synbiotic Product Market Share, 2019 & 2027 (US$M)
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