UK Synbiotic Product Market Size & Outlook, 2019-2027
UK synbiotic product market, 2016-2027 (US$M)
Related Markets
UK synbiotic product market highlights
- The UK synbiotic product market generated a revenue of USD 39.1 million in 2019 and is expected to reach USD 66.3 million by 2027.
- The UK market is expected to grow at a CAGR of 6.8% 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 39.1 million |
| Market revenue in 2027 | USD 66.3 million |
| Growth rate | 6.8% (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, UK accounted for 5.6% 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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UK 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 82.61% in 2019. Horizon Databook has segmented the UK synbiotic product market based on functional food & beverages, dietary supplements, other products covering the revenue growth of each sub-segment from 2016 to 2027.
Rising prevalence of intestinal and digestive issues in the country is the major factor driving the growth of this market. According to a Times Now poll conducted in 2020, 30% of adults in the U.K. had gastrointestinal and digestive issues post recovering from COVID-19. Thus, the government recommends having prebiotic- and probiotic-rich products for gut health improvement. Moreover, rising awareness about the health advantages of synbiotic products is fueling market growth.
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Target buyers of UK synbiotic product market databook
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Our clientele includes a mix of synbiotic product market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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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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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the UK synbiotic product market, including forecasts for subscribers. This country databook contains high-level insights into UK synbiotic product market from 2016 to 2027, including revenue numbers, major trends, and company profiles.
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UK synbiotic product market size, by product, 2016-2027 (US$M)
UK Synbiotic Product Market Share, 2019 & 2027 (US$M)
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