Report Highlights
The global probiotics market totaled $31.8 billion and $34.0 billion in 2014 and 2015 respectively. The market should total $50.0 billion by 2020, growing at a compound annual growth rate (CAGR) of 8.0% from 2015 to 2020.
Report Includes
- An overview of the global probiotics market including ingredients, supplements, and foods.
- Analyses of global market trends, with data from 2014, 2015, and projections of compound annual growth rates (CAGRs) through 2020.
- Discussion of the importance of scientific research, product innovation, consumer awareness and preferences, and government regulatory requirements.
- A focus on probiotic-enhanced products designed for human use, as well as the market potential for products developed for pets and veterinary animals.
- Examination of historical trends in global and regional sales of probiotics, industry structure, patents and technologies, and current government regulatory requirements that are relevant to the industry.
- Profiles of major players in the industry.
Report Scope
The scope of this report is broad and covers all the applications of probiotics, globally. The market is broken down into major types of ingredients, applications, end users, functions and regions. Revenue forecasts from 2015 through 2020 are given for each major type, including regional revenue shares. Estimated values used are based on manufacturers’ total revenues. Market values are presented in U.S. dollars, unadjusted for inflation.
The report also includes a discussion of the major players in each of the regional markets and explains the major global drivers, the current trends, and the regional dynamics of the market. The report concludes with a special focus on the supplier landscape. It includes detailed profiles of the major vendors of probiotics globally and discusses the market shares of the major players by region.
Analyst Credentials
Aneesh Kumar has been a project manager and partner with BizImpact Knowledge Services, LLP, a market research and services company primarily focused on opportunities in science and technology, since 2011. Kumar manages a team focused on global market research projects, primary interviews and market forecasting. He holds a BBA from the Institute of Chartered Financial Analysts of India and is a member of the Indo-German Chambers of Commerce.
Report Highlights
The global market of probiotic ingredients, supplements, and foods reached nearly $23.1 billion in 2012. This market is expected to grow to nearly $27.1 billion in 2013 and $36.7 billion in 2018 with a compound annual growth rate (CAGR) of 6.2% over the five-year period from 2013 to 2018.
Report Includes
- An overview of the global probiotics market, with coverage of the manufacture of probiotics as ingredients and their applications in dietary supplements and foods
- Analyses of global market trends, with data from 2012, estimates for 2013, and projections of compound annual growth rates (CAGRs) through 2018
- Discussion of the importance of scientific research, product innovation, consumer awareness and preferences, and government regulatory requirements
- A focus on probiotic-enhanced products designed for human use, as well as the market potential for products developed for pets and veterinary animals
- Examination of historical trends in global and regional sales of probiotics, industry structure, patents and technologies, and current government regulatory requirements that are relevant to the industry
- Comprehensive company profiles of major players.
Report Highlights
Global sales of probiotic ingredients, supplements, and foods amounted to $21.6 billion in 2010 and are expected to reach $31.1 billion by 2015 with a CAGR of 7.6% for the next 5-year period.
Report Highlights
- The global market for probiotics increased from $14.9 billion in 2007 to an estimated $15.9 billion by the end of 2008. It should reach $19.6 billion by 2013, a compound annual growth rate (CAGR) of 4.3%.
- Probiotic foods have the largest share of the market and are expected to be worth $13.8 billion in 2008 and $17.0 billion in 2013, a CAGR of 4.2%.
- Japan accounted for the largest share of total sales in 2007 with 39.5%, driven primarily by the country’s large and well-developed probiotic foods segment.
Report Highlights
-
U.S. sales of probiotics are estimated at $764 million in 2005 and are expected to rise at an average annual growth rate (AAGR) of 7.1% to $1.1 billion in 2010.
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U.S. sales of probiotics are estimated at $764 million in 2005 and are expected to rise at an average annual growth rate (AAGR) of 7.1% to $1.1 billion in 2010.
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Probiotics used in the manufacture of supplements are projected to reach $291.4 million in 2010, representing an AAGR of 6.7%.
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Food applications dominate the markets and sales are estimated at $498 million in 2005 and will rise at an AAGR of 7% to $700 in 2010. Yogurts, kefir and cultured drinks represent the major categories.
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