Probiotic Ingredients Market

Table of Contents

1 Introduction (Page No. - 16)
    1.1 Objectives of the Study
    1.2 Market Definition
    1.3 Study Scope
    1.4 Periodization Considered
    1.5 Currency Considered
    1.6 Stakeholders

2 Research Methodology (Page No. - 20)
    2.1 Research Data
           2.1.1 Secondary Data
           2.1.2 Primary Data
                    2.1.2.1 Key Industry Insights
                    2.1.2.2 Breakdown of Primary Interviews
    2.2 Market Size Estimation
    2.3 Data Triangulation
    2.4 Research Assumptions
    2.5 Limitations

3 Executive Summary (Page No. - 27)

4 Premium Insights (Page No. - 32)
    4.1 Opportunities in the Probiotic Ingredients Market
    4.2 Probiotic Ingredients Market, By Source
    4.3 Asia Pacific: Probiotic Ingredients Market, By Application
    4.4 Probiotic Ingredients Market, By End User and Region
    4.5 Probiotic Ingredients Market Growth, By Key Country

5 Market Overview (Page No. - 36)
    5.1 Introduction
    5.2 Market Dynamics
           5.2.1 Drivers
                    5.2.1.1 Health Benefits Associated With Probiotic-Fortified Foods
                    5.2.1.2 Increasing Popularity of Probiotic Dietary Supplements
                    5.2.1.3 Participation of International Bodies in the R&D of Probiotics
                    5.2.1.4 Increasing Global Demand for Superior-Quality Feed Products
           5.2.2 Restraints
                    5.2.2.1 International Quality Standards and Regulations for Probiotic Products
           5.2.3 Opportunities
                    5.2.3.1 Eu Ban on Antibiotic Growth Promoters in Feed
                    5.2.3.2 Increasing Demand for Probiotics in Developed Economies
                    5.2.3.3 Promoting Probiotic Health Benefits Among Livestock Farmers
           5.2.4 Challenges
                    5.2.4.1 Complexities in Integrating Probiotics in Functional Food
                    5.2.4.2 Significant Operating Cost
                    5.2.4.3 Proving the Efficacy of Probiotic Strains

6 Regulatory Framework and Patents (Page No. - 44)
    6.1 Introduction
    6.2 North America: Regulatory Environment Analysis
           6.2.1 US
           6.2.2 Canada
    6.3 Europe: Regulatory Environment Analysis
    6.4 Asia Pacific: Regulatory Environment Analysis
           6.4.1 Japan
           6.4.2 India
    6.5 South America: Regulatory Environment Analysis
           6.5.1 Brazil
    6.6 Patent Analysis

7 Probiotic Ingredients Market, By Application (Page No. - 50)
    7.1 Introduction
    7.2 Functional Foods & Beverages
           7.2.1 Dairy Products
                    7.2.1.1 Yogurt
                    7.2.1.2 Cheese
                    7.2.1.3 Other Dairy Products
           7.2.2 Non-Dairy Products
                    7.2.2.1 Vegetable-Based Probiotic Products
                    7.2.2.2 Fruit-Based Probiotic Products
                    7.2.2.3 Meat-Based Probiotic Products
    7.3 Pharmaceuticals
           7.3.1 Dietary Supplements
                    7.3.1.1 Tablets
                    7.3.1.2 Probiotic Drinks
                    7.3.1.3 Powders
                    7.3.1.4 Capsules
    7.4 Animal Nutrition
    7.5 Others

8 Probiotic Ingredients Market, By Source (Page No. - 66)
    8.1 Introduction
    8.2 Bacteria
           8.2.1 Lactobacillus
           8.2.2 Bifidobacterium
           8.2.3 Streptococcus and Enterococcus
    8.3 Yeast
           8.3.1 Saccharomyces Cerevisiae
           8.3.2 Saccharomyces Boulardi
           8.3.3 E. Coli

9 Probiotics Ingredients Market, By Form (Page No. - 72)
    9.1 Introduction
    9.2 Dry
           9.2.1 Dry Form Holds the Largest Market Share Due to Its Stability and Longer Shelf-Life
    9.3 Liquid
           9.3.1 Liquid Form has A Faster Growing Market Due to Being Relatively Cheaper Than Dry Form.

10 Probiotics Ingredients Market, By End User (Page No. - 76)
     10.1 Introduction
     10.2 Human
             10.2.1 Intestinal Disorders
             10.2.2 Lactose Intolerance
             10.2.3 Inflammatory Bowel Disorders
             10.2.4 Cardiovascular Diseases
             10.2.5 Respiratory Infections
             10.2.6 Obesity
             10.2.7 Urogenital Infections
             10.2.8 Type-2 Diabetes
             10.2.9 Cancer
     10.3 Animal

11 Probiotic Ingredients Market, By Region (Page No. - 83)
     11.1 Introduction
     11.2 North America
             11.2.1 US
                        11.2.1.1 US Accounted for the Largest Share in North American Market Due to Higher Adoption of Technologies
             11.2.2 Canada
                        11.2.2.1 Canada has Huge Potential for Probiotic Ingredients Due to Increasing Investments By Big Players
             11.2.3 Mexico
                        11.2.3.1 Increasing Demand From the Pharmaceuticals Industry is Expected to Drive the Market for Probiotic Strains in Mexico
     11.3 Europe
             11.3.1 UK
                        11.3.1.1 Higher Pace of Technological Advancements is Driving the Market for Probiotic Ingredients in the Country
             11.3.2 Germany
                        11.3.2.1 Ban on Usage of Antibiotics By the Eu in the Poultry Industry is Proving to Be an Opportunity for Probiotics in the Country
             11.3.3 Italy
                        11.3.3.1 Consumer Awareness About Health Benefits of Probiotics is Driving the Market in the Country
             11.3.4 Spain
                        11.3.4.1 Increasing Investment in Probiotics By Big Players in the Country is Driving the Market
             11.3.5 Russia
                        11.3.5.1 Increasing Demand for Fermented Dairy Products in the Country is Driving the Market for Probiotic Ingredients
             11.3.6 Rest of Europe
                        11.3.6.1 Consumer Acceptance for Probiotic Products Driving the Market for Probiotic Ingredient
     11.4 Asia Pacific
             11.4.1 China
                        11.4.1.1 The Market in China is Growing Due to the Increasing Application of Probiotics in Infant Formula Business
             11.4.2 Japan
                        11.4.2.1 Increase in Health Care Costs is One of the Driving Forces for the Probiotic Ingredients Market
             11.4.3 Australia & New Zealand
                        11.4.3.1 Technological Advancements in Probiotics is Driving the Market in the Countries
             11.4.4 India
                        11.4.4.1 India has Huge Potential Due to the Increase in Pharmaceutical Companies Investing in Development of Probiotic Drugs
             11.4.5 Rest of Asia Pacific
                        11.4.5.1 Fermented Dairy Products Have Gained Popularity in These Countries
     11.5 RoW
             11.5.1 South America
                        11.5.1.1 The Increased Demand for Good Quality Meat From Consumers Presents an Immense Opportunity for Application of Probiotic Strains in Animal Feed
             11.5.2 Middle East & Africa
                        11.5.2.1 Functional Foods & Beverages has the Largest Market Share in Middle East Due to the Application of Inexpensive Technology of Fermentation in the Manufacture of End Products

12 Competitive Landscape (Page No. - 114)
     12.1 Overview
     12.2 Expansions & Investments
     12.3 Agreements, Collaborations, and Joint Ventures & Partnerships
     12.4 Product Launches
     12.5 Mergers & Acquisitions

13 Company Profiles (Page No. - 121)
(Business Overview, Products Offered, Recent Developments, SWOT Analysis, MnM View)*
     13.1 Kerry
     13.2 Dowdupont
     13.3 Chr. Hansen
     13.4 Biogaia
     13.5 Probi
     13.6 GLAC Biotech
     13.7 Bifodan
     13.8 Lallemand
     13.9 Uas Laboratories
     13.10 Biena

*Details on Business Overview, Products Offered, Recent Developments, SWOT Analysis, MnM View Might Not Be Captured in Case of Unlisted Companies.

14 Appendix (Page No. - 147)
     14.1 Discussion Guide
     14.2 Knowledge Store: Marketsandmarkets’ Subscription Portal
     14.3 Available Customizations
     14.4 Related Reports
     14.5 Author Details

List of Tables (80 Tables)

Table 1 USD Exchange Rates, 2014–2017
Table 2 List of Probiotic Organizations Working on Probiotic Strains and Cultures
Table 3 National/International Bodies for Safety Standards and Regulations
Table 4 Patents Approved for Probiotic Strains, By Bacterial Genera
Table 5 Probiotic Ingredients Market Size, By Application, 2016–2023 (USD Million)
Table 6 List of Probiotic Strain Carriers in the Food Industry
Table 7 Probiotic Ingredients Market Size in Functional Foods & Beverages, By Region, 2016–2023 (USD Million)
Table 8 North America Functional Foods & Beverages Market, By Country, 2016-2023 (USD Million)
Table 9 Europe Functional Foods & Beverages Market, By Country, 2016-2023 (USD Million)
Table 10 Asia Pacific Functional Foods & Beverages Market, By Country, 2016-2023 (USD Million)
Table 11 RoW Functional Foods & Beverages Market, By Region, 2016-2023 (USD Million)
Table 12 Probiotic Ingredients Market Size in Pharmaceuticals, By Region, 2016–2023 (USD Million)
Table 13 North America Pharmaceuticals Market, By Country, 2016-2023 (USD Million)
Table 14 Europe Pharmaceuticals Market, By Country, 2016-2023 (USD Million)
Table 15 Asia Pacific Pharmaceuticals Market, By Country, 2016-2023 (USD Million)
Table 16 RoW Pharmaceuticals Market, By Region, 2016-2023 (USD Million)
Table 17 Probiotic Ingredients Market Size in Animal Nutrition, By Region, 2016-2023 (USD Million)
Table 18 North America Animal Nutrition Market, By Country, 2016-2023 (USD Million)
Table 19 Europe Animal Nutrition Market, By Country, 2016-2023 (USD Million)
Table 20 Asia Pacific Animal Nutrition Market, By Country, 2016-2023 (USD Million)
Table 21 RoW Animal Nutrition Market, By Region, 2016-2023 (USD Million)
Table 22 Probiotic Ingredients Market Size in Other Applications, By Region, 2016-2023 (USD Million)
Table 23 North America Others Market, By Country, 2016-2023 (USD Million)
Table 24 Europe Others Market, By Country, 2016-2023 (USD Million)
Table 25 Asia Pacific Others Market, By Country, 2016-2023 (USD Million)
Table 26 RoW Others Market, By Region, 2016-2023 (USD Million)
Table 27 Probiotic Ingredients Market Size, By Source, 2016–2023 (USD Million)
Table 28 List of Probiotic Strains Derived From Bacteria With Uses
Table 29 Probiotic Bacterial Ingredients Market Size, By Region, 2016–2023 (USD Million)
Table 30 List of Probiotic Strains Derived From Yeast With Uses
Table 31 Probiotic Yeast Ingredients Market Size, By Region, 2016–2023 (USD Million)
Table 32 Probiotic Ingredients Market, By Form, 2016–2023 (USD Million)
Table 33 Dry Probiotic Ingredients Market, By Region, 2016–2023 (USD Million)
Table 34 Liquid Probiotic Ingredients Market, By Region, 2016–2023 (USD Million)
Table 35 Probiotic Ingredients Market, By End User, 2016–2023 (USD Million)
Table 36 Human Probiotic Ingredients Market, By Region, 2016–2023 (USD Million)
Table 37 Probiotic Strains Used in Feed
Table 38 Benefits of Using Probiotic Strains on Animals
Table 39 Animal Probiotic Ingredients Market, By Region, 2016–2023 (USD Million)
Table 40 Probiotic Ingredients Market Size, By Region, 2016–2023 (USD Million)
Table 41 North America: Probiotic Ingredients Market Size, By Country, 2016–2023 (USD Million)
Table 42 North America: Market Size, By Application, 2016–2023 (USD Million)
Table 43 North America: Market Size, By Source, 2016–2023 (USD Million)
Table 44 North America: Market Size, By Form, 2016–2023 (USD Million)
Table 45 North America: Market Size, By End User, 2016–2023 (USD Million)
Table 46 US: Probiotic Ingredients Market Size, By Application, 2016–2023 (USD Million)
Table 47 Canada: Probiotic Ingredients Market Size, By Application, 2016–2023 (USD Million)
Table 48 Mexico: Probiotic Ingredients Market Size, By Application, 2016–2023 (USD Million)
Table 49 Europe: Probiotic Ingredients Market Size, By Country, 2016–2023 (USD Million)
Table 50 Europe: Market Size, By Application, 2016–2023 (USD Million)
Table 51 Europe: Probiotic Ingredients Market Size, By Source, 2016–2023 (USD Million)
Table 52 Europe: Market Size, By Form, 2016–2023 (USD Million)
Table 53 Europe: Market Size, By End User, 2016–2023 (USD Million)
Table 54 UK: Probiotic Ingredients Market Size, By Application, 2016–2023 (USD Million)
Table 55 Germany: Probiotic Ingredients Market Size, By Application, 2016–2023 (USD Million)
Table 56 Italy: Probiotic Ingredients Market Size, By Application, 2016–2023 (USD Million)
Table 57 Spain: Probiotic Ingredients Market Size, By Application, 2016–2023 (USD Million)
Table 58 Russia: Probiotic Ingredients Market Size, By Application, 2016–2023 (USD Million)
Table 59 Rest of Europe: Probiotic Ingredients Market Size, By Application, 2016–2023 (USD Million)
Table 60 Asia Pacific: Probiotic Ingredients Market Size, By Country, 2016–2023 (USD Million)
Table 61 Asia Pacific: Market Size, By Application, 2016–2023 (USD Million)
Table 62 Asia Pacific: Market Size, By Source, 2016–2023 (USD Million)
Table 63 Asia Pacific: Market Size, By Form, 2016–2023 (USD Million)
Table 64 Asia Pacific: Market Size, By End User, 2016–2023 (USD Million)
Table 65 China: Probiotic Ingredients Market Size, By Application, 2016–2023 (USD Million)
Table 66 Japan: Market Size, By Application, 2016–2023 (USD Million)
Table 67 Australia & New Zealand: Probiotic Ingredients Market Size, By Application, 2016–2023 (USD Million)
Table 68 India: Market Size, By Application, 2016–2023 (USD Million)
Table 69 Rest of Asia Pacific: Probiotic Ingredients Market Size, By Application, 2016–2023 (USD Million)
Table 70 RoW: Probiotic Ingredients Market Size, By Region, 2016–2023 (USD Million)
Table 71 RoW: Market Size, By Application, 2016–2023 (USD Million)
Table 72 RoW: Market Size, By Source, 2016–2023 (USD Million)
Table 73 RoW: Market Size, By Form, 2016–2023 (USD Million)
Table 74 RoW: Market Size, By End User, 2016–2023 (USD Million)
Table 75 South America: Probiotic Ingredients Market Size, By Application, 2016–2023 (USD Million)
Table 76 Middle East & Africa: Probiotic Ingredients Market Size, By Application, 2016–2023 (USD Million)
Table 77 Expansions & Investments 2013–2018
Table 78 Agreements, Collaborations, and Joint Ventures & Partnerships 2013–2018
Table 79 Product Launches 2013–2018
Table 80 Mergers & Acquisitions 2014–2018

List of Figures (37 Figures)

Figure 1 Market Segmentation
Figure 2 Probiotic Ingredients Market, By Region
Figure 3 Probiotic Ingredients: Research Design
Figure 4 Breakdown of Primary Interviews: By Company Type, Designation, and Region
Figure 5 Market Size Estimation Methodology: Bottom-Up Approach
Figure 6 Market Size Estimation Methodology: Top-Down Approach
Figure 7 Data Triangulation
Figure 8 Probiotic Ingredients Market Size, By Application, 2018 vs 2023 (USD Million)
Figure 9 Probiotic Ingredients Market Share (Value), By End User, 2018
Figure 10 Probiotic Ingredients Market Size, By Source, 2018 vs 2023 (USD Million)
Figure 11 Probiotic Ingredients Market: Regional Snapshot
Figure 12 Strong Growth of Pharmaceuticals Due to the Health Benefits of Probiotics in Human Health
Figure 13 Bacteria-Sourced Probiotic Ingredients Were the Most Preferred Among Manufacturers in 2017
Figure 14 Asia Pacific: Strong Demand Witnessed for Probiotic Ingredients in Functional Foods & Beverages in 2017
Figure 15 Human Segment Dominated the Market Across All Regions in 2017
Figure 16 US: Most Promising Market for Probiotic Ingredients in 2017
Figure 17 Probiotic Ingredients Market: Drivers, Restraints, Opportunities, and Challenges
Figure 18 Global Yogurt Market, 2013–2017
Figure 19 Global Dietary Supplements Demand, 2016–2021
Figure 20 Patents Approved for Probiotic Strains, By Bacterial Genera
Figure 21 Probiotic Ingredients Market Size, By Application, 2018 vs 2023 (USD Million)
Figure 22 Probiotic Ingredients Market Size, By Source, 2018 vs 2023 (USD Million)
Figure 23 Probiotic Ingredients Market, By Form, 2018 vs 2023 (USD Million)
Figure 24 Probiotic Ingredients Market, By End User, 2018 vs 2023 (USD Million)
Figure 25 Asia Pacific Dominated the Probiotic Ingredients Market in 2017, in Terms of Value
Figure 26 Asia Pacific to Lead Global Probiotic Ingredients Market, 2018–2023 (USD Million)
Figure 27 North America: Regional Snapshot
Figure 28 Asia Pacific: Regional Snapshot
Figure 29 Probiotic Ingredients Market Share, By Key Players, 2017
Figure 30 Agreements, Collaborations, and Joint Ventures & Partnerships, 2013–2018
Figure 31 Annual Developments in the Probiotic Ingredients Market, 2013–2018
Figure 32 Kerry: Company Snapshot
Figure 33 Dowdupont: Company Snapshot
Figure 34 Chr. Hansen: Company Snapshot
Figure 35 Biogaia: Company Snapshot
Figure 36 Probi: Company Snapshot
Figure 37 GLAC Biotech: Company Snapshot

The study involves four major activities to estimate the current market size for probiotic ingredients. Exhaustive secondary research was done to collect information on the market, the peer market, and parent market. The next step was to validate these findings, assumptions, and sizing with industry experts across the value chain through primary research. Both, top-down and bottom-up approaches were employed to estimate the complete market size. Thereafter, market breakdown and data triangulation were used to estimate the market size of segments and subsegments.

Secondary Research

In the secondary research process, various secondary sources such as Hoovers, Bloomberg BusinessWeek, and Dun & Bradstreet were referred to, so as to identify and collect information for this study. These secondary sources included annual reports, press releases & investor presentations of companies, white papers, certified publications, articles by recognized authors, gold standard & silver standard websites, food safety organizations, regulatory bodies, trade directories, and databases.

Primary Research

The probiotic ingredients market comprises several stakeholders such as probiotic ingredient manufacturers, regulatory bodies, intermediary suppliers, and end users in the supply chain. The demand side of this market is characterized by the development of the food & beverage, pharmaceutical, animal nutrition, and cosmetics & personal care industries. The supply side is characterized by advancements in technology and various application industries. Primary sources from both, the supply and demand sides of the market were interviewed to obtain qualitative and quantitative information. Following are the breakdown of primary respondents:

To know about the assumptions considered for the study, download the pdf brochure

Market Size Estimation

Both, top-down and bottom-up approaches were used to estimate and validate the total size of the probiotic ingredients market. These methods were also used extensively to estimate the size of various subsegments in the market. The research methodology used to estimate the market size includes the following:

• Key players in the industry and markets were identified through extensive secondary research.
• The industry’s supply chain and market size, in terms of value, were determined through primary and secondary research processes.
• All percentage shares, splits, and breakdowns were determined using secondary sources and verified through primary sources.

Data Triangulation

After arriving at the overall market size using the market size estimation processes as explained above—the market was split into several segments and subsegments. To complete the overall market engineering process and arrive at the exact statistics of each market segment and subsegment, the data triangulation and market breakdown procedures were employed wherever applicable. The data was triangulated by studying various factors and trends from both, the demand and supply sides, in the food, feed, pharmaceutical, cosmetics & personal care industries.

Report Objectives

• Determining and projecting the size of the probiotic ingredients market with respect to its application, source, form, end user, and regional markets, over a five-year period ranging from 2018 to 2023
• Identifying attractive opportunities in the market by determining the largest and fastest-growing segments across regions
• Analyzing the demand-side factors on the basis of the following:
• Impact of macro- and micro-economic factors on the market
• Shifts in demand patterns across different sub-segments and regions
• Identifying and profiling key players in the probiotic ingredients market
• Providing a comparative analysis of the market leaders on the basis of the following:
• Product offerings
• Business strategies
• Strengths, weaknesses, opportunities, and threats
• Key financials
• Understanding the competitive landscape and identifying major growth strategies adopted by players across the key regions
• Analyzing the supply chain and regulatory frameworks across regions and their impact on prominent market players
• Providing insights on key investments in product innovations and technology and patent registrations

Scope of Report

This research report categorizes the probiotic ingredients market on the basis of application, source, form, end user, and region.

On the basis of application, the probiotic ingredients market has been segmented as follows:

• Functional foods & beverages
•  Pharmaceuticals
•  Animal nutrition
•  Others* include cosmetics and personal care

On the basis of source, the probiotic ingredients market has been segmented as follows:

• Bacteria
•  Yeast

On the basis of form, the probiotic ingredients market has been segmented as follows:

• Dry
• Liquid

On the basis of end user, the probiotic ingredients market has been segmented as follows:

• Human
•  Animal

On the basis of region, the probiotic ingredients market has been segmented as follows:

• North America
• Europe
• Asia Pacific
• RoW* includes South America and the Middle East

Available Customizations

With the given market data, MarketsandMarkets offers customizations according to a company’s specific needs.

The following customization options are available for the report:

Segment Analysis

• Product matrix, which gives a detailed comparison of the product portfolio of each company

Regional Analysis

• Further breakdown of the Asia Pacific probiotic ingredients market, by country
• Further breakdown of the Europe probiotic ingredients market, by country
• Further breakdown of the RoW probiotic ingredients market, by country

Company Information

• Detailed analysis and profiling of additional market players (up to 5)