Probiotic Ingredients Market Share, Size, and Trends by 2028
Probiotic Ingredients Market: Strategic Insights
Probiotic Ingredients Market
-
CAGR (2021 - 2028)8.2% -
Market Size 2021
US$ 3.49 Billion -
Market Size 2028
US$ 6.06 Billion
Market Dynamics
GROWTH DRIVERS
- Growing consumer interest in gut health and immunity
- Rising demand for functional food and beverages
FUTURE TRENDS
- Surge in demand for plant-based probiotics
- Innovation in probiotic strains and delivery formats
OPPORTUNITIES
- Increased adoption in pharmaceuticals and nutraceuticals
- Emerging market growth for probiotic animal feed
Key Players
- ADM
- Novozymes A S
- Chr Hansen Holding A S
- Kerry Group Plc
- Lallemand Inc
- IFF Nutrition Bisosciences
- AngelYeast Co Ltd
- Probiotical S p A
- Adisseo
Regional Overview
- North America
- Europe
- Asia-Pacific
- South and Central America
- Middle East and Africa
Market Segmentation
Type
- Lactobacillus
- Bifidobacterium
Application
- Functional Food & Beverages
- Pharmaceuticals & Nutraceuticals
- Animal Feed