NEW YORK, Nov. 17, 2021 /PRNewswire/ -- The probiotic products market is set to grow by USD 26.85 mn, progressing at a CAGR of 7.71%, from 2020 to 2025. The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment.
The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. To leverage the current opportunities, market vendors must strengthen their foothold in the fast-growing segments while maintaining their positions in the slow-growing segments.
Probiotic Products Market 2021-2025: Vendor Analysis and Scope
To help businesses improve their market position, the probiotic products market provides a detailed analysis of around 25 vendors operating in the market. Some of these vendors include Archer Daniels Midland Co., BioGaia AB, Chr. Hansen Holding AS, Danone SA, DuPont de Nemours Inc., Lallemand Inc., Lifeway Foods Inc., Nestle SA, Probi AB, and Yakult Honsha Co. Ltd.
The increase in new product launches, the rising awareness of the benefits of probiotic supplements, and the increase in the elderly population will offer immense growth opportunities. However, high prices in developing countries will hamper the market growth.
Technavio's market research report provides detailed information on the competitive intelligence, marketing gaps, and regional opportunities for vendors to help companies create efficient business plans. According to our analysis, APAC is expected to account for 39% of the market's growth during the forecast period. China and Japan will be the key countries for the probiotic products market in APAC. Moreover, the growth of the market in APAC is expected to be faster than the growth of the market in other regions. The extensive use of dairy products will be one of the factors that will drive the probiotic products market growth in APAC during the forecast period.
CAGR of the market during the forecast period 2021-2025
Detailed information on factors that will assist probiotic products market growth during the next five years
Estimation of the probiotic products market size and its contribution to the parent market
Predictions on upcoming trends and changes in consumer behavior
The growth of the probiotic products market
Analysis of the market's competitive landscape and detailed information on vendors
Comprehensive details of factors that will challenge the growth of probiotic products market vendors
Nutraceuticals Market: The nutraceuticals market has been segmented by product (functional food, functional beverages, and dietary supplements) and geography (North America, APAC, Europe, South America, and MEA). Download Free Sample Report
Probiotic Dietary Supplements Market: The probiotic dietary supplements market has been segmented by application (nutritional supplements, specialty nutrients, food and beverages, and Infant formula) and geography (North America, Europe, APAC, South America, and MEA). Download Free Sample Report
Probiotic Products Market Scope
Growth momentum & CAGR
Accelerate at a CAGR of 7.71%
Market growth 2021-2025
USD 26.85 million
YoY growth (%)
APAC, Europe, North America, MEA, and South America
Performing market contribution
APAC at 39%
Key consumer countries
US, Japan, China, Germany, and UK
Leading companies, competitive strategies, consumer engagement scope
Archer Daniels Midland Co., BioGaia AB, Chr. Hansen Holding AS, Danone SA, DuPont de Nemours Inc., Lallemand Inc., Lifeway Foods Inc., Nestle SA, Probi AB, and Yakult Honsha Co. Ltd.
Parent market analysis, market growth inducers and obstacles, fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the forecast period,
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