The Latest Probiotic Industry Statistics Explained
The worldwide probiotics market size is projected to reach $77.09 billion by 2026, growing at a CAGR of 5.9%.
The statistic indicates that the global probiotics market is expected to significantly increase in value, reaching approximately $77.09 billion by the year 2026. This growth is projected to occur at a Compound Annual Growth Rate (CAGR) of 5.9%, illustrating a steady and consistent expansion over the forecasted period. The upward trend in the market size suggests a rising demand for probiotic products, driven by factors such as increasing consumer awareness of the health benefits associated with probiotics, growing interest in gut health, and the development of innovative probiotic formulations across various industries.
The largest share of the probiotics market in 2020 was captured by human probiotics.
The statement indicates that among all the different types of probiotics available in the market in 2020, human probiotics accounted for the highest percentage in terms of market share. This suggests that the products designed for human consumption and health benefits, such as supplements or food containing probiotics beneficial for human gut health, were the dominant category within the probiotics market. The data point highlights the significant popularity and demand for probiotics specifically tailored for the human health and well-being segment, compared to other probiotic products designed for different purposes or populations.
The Asia Pacific region holds the largest probiotic market share of around 38.8% in 2019.
The statistic indicating that the Asia Pacific region holds the largest probiotic market share of around 38.8% in 2019 highlights the significant presence and dominance of this region in the global probiotics industry. This indicates that a considerable portion of probiotic products are consumed and sold in Asia Pacific countries as compared to other regions around the world. The high market share suggests a strong demand and consumption of probiotics in this region, potentially due to factors such as cultural preferences, awareness of health benefits, and a growing focus on overall wellness. This statistic underscores the importance of the Asia Pacific market in the probiotics industry and the potential for growth and innovation in this region moving forward.
Dairy-based probiotic products held the largest market share of 79.3% in 2019.
This statistic indicates that dairy-based probiotic products accounted for the highest proportion of market sales in 2019, capturing a significant share of 79.3%. This suggests that within the probiotics industry, products derived from dairy sources such as yogurt, kefir, and other fermented dairy products were the most popular choice among consumers. The high market share of dairy-based probiotic products may be attributed to factors such as their perceived health benefits, widespread availability, and familiarity to consumers. This statistic highlights the dominance of dairy-based options in the probiotics market and underscores the importance of dairy products in meeting the demand for probiotic-enhanced foods and beverages among consumers.
Probiotic dietary supplements are expected to grow at a CAGR of 7.4% from 2020 to 2027.
This statistic indicates that the global market for probiotic dietary supplements is projected to experience a Compound Annual Growth Rate (CAGR) of 7.4% from the year 2020 to 2027. CAGR is a measure used to describe the annual growth rate of an investment over a specified period of time, assuming the growth happens at a steady rate. In this context, it suggests that the demand and consumption of probiotic dietary supplements are forecasted to steadily increase by an average of 7.4% annually. This growth trend is important for businesses, investors, and stakeholders in the probiotic supplement industry as it provides insights into potential market expansion opportunities and the overall health and wellness trends influencing consumer behavior and preferences.
Europe held the second largest market share of around 21% in 2020.
The statistic “Europe held the second largest market share of around 21% in 2020” indicates that among all regions or entities analyzed, Europe had the second highest proportion of a particular market, comprising approximately 21% of the total market share in the stated year. This suggests that Europe was a significant player in the market, trailing behind only the region or entity that held the largest share. The statistic provides insights into the distribution of market influence across different regions or entities, highlighting Europe’s relative standing and contribution to the overall market landscape in 2020.
Probiotics in animal feed are estimated to be valued at around $5.36 billion by 2026.
The statistic regarding probiotics in animal feed states that this particular market is forecasted to be worth approximately $5.36 billion by the year 2026. This figure reflects the significant growth and potential of the probiotics industry within the animal feed sector, emphasizing the increasing recognition of the benefits of using probiotics to promote animal health and performance. With a growing focus on sustainability, animal welfare, and improving feed efficiency, the demand for probiotics in animal feed is expected to rise steadily in the coming years, driving market value to reach the projected amount by 2026. This statistic suggests a promising outlook for the probiotics industry as a key player in enhancing animal nutrition and overall well-being.
By 2025, probiotic cosmetics are expected to reach $379.9 million in the US.
The statistic “By 2025, probiotic cosmetics are expected to reach $379.9 million in the US” suggests that the market for probiotic cosmetics in the United States is predicted to experience significant growth over the next few years. Probiotic cosmetics are beauty products that contain live beneficial bacteria intended to improve skin health. The projected value of $379.9 million indicates the estimated total revenue from sales of probiotic cosmetics in the US by 2025. This statistic indicates a growing consumer interest in skincare products that offer probiotic benefits, reflecting a trend towards more natural and science-backed beauty solutions in the market. As a result, cosmetic companies may increasingly invest in developing and marketing probiotic-based products to meet the anticipated demand and capitalize on the expanding market opportunity.
Lactobacilli is the most commonly used probiotic strain that held a 38.9% revenue share in 2019.
The statistic indicates that Lactobacilli is the leading probiotic strain in terms of revenue share in 2019, holding a significant portion of the market at 38.9%. This suggests that Lactobacilli is a popular choice among consumers and manufacturers within the probiotics industry. Its dominance in revenue share highlights the widespread use and trust in this specific strain for its potential health benefits. This statistic underscores Lactobacilli’s effectiveness and market demand, making it a key player in the probiotics market landscape in 2019.
Probiotic beverages market value is projected to reach $49.4 billion by 2025 globally.
The statistic “Probiotic beverages market value is projected to reach $49.4 billion by 2025 globally” indicates the anticipated financial worth of the probiotic beverages industry on a global scale by the year 2025. This projection suggests a significant growth in the market for probiotic beverages, which are known for their health benefits due to the presence of beneficial bacteria. Factors contributing to this growth may include increasing consumer awareness and demand for products that promote gut health, as well as advancements in food technology and manufacturing processes. The projected market value serves as a key indicator of the lucrative nature and potential opportunities within the probiotic beverages sector in the coming years.
The U.S. market for probiotics is projected to exceed $6 billion by 2027.
The statistic that the U.S. market for probiotics is projected to exceed $6 billion by 2027 indicates a significant growth and market value for probiotic products in the United States. This projection suggests that there is a growing demand for probiotics, which are live bacteria and yeasts that are beneficial for human health, particularly in supporting digestive health and immunity. Factors contributing to this growth could include an increasing awareness of the importance of gut health, rising consumer interest in natural and functional foods, as well as scientific research supporting the health benefits of probiotics. The expanding market size also reflects the potential for probiotics to continue to gain popularity and become a mainstream component of the health and wellness industry in the coming years.
Probiotic supplements for children are estimated to grow at a CAGR of 7.6% from 2020 to 2027.
This statistic indicates that the market for probiotic supplements intended for children is expected to experience a Compound Annual Growth Rate (CAGR) of 7.6% between the years 2020 and 2027. This growth rate suggests a consistent and steady increase in demand for probiotic supplements among children over the specified time period. Factors such as growing awareness about the potential health benefits of probiotics for children’s digestive and immune health, along with increasing disposable income and changing dietary habits, are likely contributing to this projected growth. The CAGR of 7.6% serves as a valuable metric for investors and stakeholders in the probiotic supplement industry to gauge the potential opportunities and risks in the children’s probiotic market segment over the forecasted period.
Probiotics in the form of food and beverages accounted for 91.6% of the global market in 2019.
This statistic indicates that in 2019, the majority of probiotics consumed worldwide were in the form of food and beverages, making up 91.6% of the total market share. Probiotics are live bacteria and yeasts that are beneficial for health, particularly for the digestive system. The popularity of probiotics in food and beverages can be attributed to the increasing consumer awareness of the importance of gut health and the related benefits of consuming probiotic-rich products. By incorporating probiotics into everyday food and drinks, such as yogurt, kefir, and certain types of juices, consumers can easily incorporate these beneficial microorganisms into their diet, potentially improving their overall well-being.
The global Probiotic Skin Care Cosmetic product market was estimated at $273.49 million in 2020.
The statistic states that the global Probiotic Skin Care Cosmetic product market had an estimated value of $273.49 million in the year 2020. This figure represents the total market size for probiotic skin care products within the cosmetic industry worldwide during that specific year. The value reflects the total worth of probiotic skin care products sold in various markets and regions globally. This statistic is significant for industry analysts, investors, and stakeholders interested in the growth and trends of the probiotic skin care cosmetic market, providing insights into the size and potential opportunities within this particular sector.
Frozen probiotics segment held a market share of over 50% in 2019 in the US.
The statistic “Frozen probiotics segment held a market share of over 50% in 2019 in the US” indicates that among all probiotic products available in the US market in 2019, the frozen probiotics segment accounted for more than half of the market share. This suggests that frozen probiotics were the most popular form of probiotic products in the US during that year. The high market share of frozen probiotics could be due to factors such as consumer preferences for frozen foods, perceived health benefits of probiotics, convenience, taste, or marketing strategies employed by companies in the frozen probiotics segment. This statistic highlights the significant presence and demand for frozen probiotics in the US market in 2019.
The infant formula application segment is projected to grow at a CAGR of 7.7% between 2020 and 2026.
The statistic “The infant formula application segment is projected to grow at a compound annual growth rate (CAGR) of 7.7% between 2020 and 2026” indicates that the market for infant formula products is expected to experience a steady annual growth rate of 7.7% over the specified period. This suggests that the demand for infant formula is likely to increase significantly, driven by factors such as population growth, changing dietary habits, and increasing awareness about the benefits of infant nutrition. The CAGR provides a standardized measure of growth over time, allowing stakeholders to assess the growth potential of the infant formula market and make informed decisions regarding investments, marketing strategies, and product development to capitalize on this growth opportunity.
The market for female probiotic supplements is forecasted to grow at a CAGR of 7.1% from 2020 to 2027.
This statistic indicates that the market for female probiotic supplements is expected to experience a compounded annual growth rate (CAGR) of 7.1% from the year 2020 to 2027. This growth rate suggests a steady and consistent increase in demand for female probiotic supplements over the forecasted period. Factors driving this growth could include rising awareness of the health benefits of probiotics for women, increasing disposable income, and shifting consumer preferences towards natural and preventive healthcare products. This forecast provides valuable insights for companies in the probiotics industry, helping them understand and prepare for the evolving market dynamics within the female supplement sector.
Bifidobacterium is expected to witness the fastest growth in the global probiotics market, at a CAGR of 7.6% during the forecast period of 2021-2026.
The statistic states that Bifidobacterium is projected to experience the most rapid expansion within the worldwide probiotics market, with a compound annual growth rate (CAGR) of 7.6% over the period of 2021-2026. This forecast indicates that the demand for products containing Bifidobacterium strains is expected to increase steadily over the specified timeframe, outpacing other probiotic strains in terms of growth rate. The rising awareness of the health benefits associated with Bifidobacterium, such as improved gut health and immune function, likely contributes to this projected growth trend. This statistic suggests a promising outlook for Bifidobacterium-based probiotics and highlights its potential to capture a larger market share in the coming years.
The global probiotic cosmetic products market is projected to reach $400 million by 2025.
The statistic indicates that the global probiotic cosmetic products market is expected to grow significantly and reach a value of $400 million by the year 2025. This projection suggests a rising consumer demand for skincare and beauty products that contain probiotics – beneficial bacteria that are believed to promote skin health and improve overall appearance. The increasing awareness of the potential benefits of probiotics in cosmetics, such as moisturizing properties, anti-aging effects, and soothing sensitive skin, is driving the anticipated growth in this market. As a result, cosmetic companies are likely to invest more in developing and marketing probiotic-based products to capitalize on this growing trend and meet the evolving preferences of consumers seeking natural and effective skincare solutions.
The demand for probiotics in pet food is predicted to grow at the highest CAGR of 7.8% from 2020 to 2027.
This statistic suggests that the demand for probiotics in pet food is expected to increase significantly over the period from 2020 to 2027, with a Compound Annual Growth Rate (CAGR) projected to be 7.8%. This growth rate indicates a steady and substantial rise in consumer interest and adoption of pet foods containing probiotics, which are beneficial bacteria that can promote gut health and overall well-being in pets. The high CAGR signifies a growing trend towards incorporating probiotics in pet food products, likely driven by increasing awareness of the health benefits of probiotics for pets and a shift towards more preventative and holistic approaches to pet care.
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