Market Overview:
The global lactobacillus probiotics market is expected to grow at a CAGR of 7.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for probiotic supplements and functional foods and beverages. Additionally, the rising awareness about the benefits of probiotics is also contributing to the growth of this market. On the basis of type, single-component lactobacilli are expected to dominate the global lactobacillus probiotics market during 2018-2030. This can be attributed to their easy availability and low cost as compared to compound lactobacilli products. However, compound products are witnessing a higher growth rate owing their ability to target multiple gut health issues simultaneously as compared single component strains that have limited applications. On account of growing consumer awareness about healthy lifestyles and dietary habits, food & beverage applications are anticipated witness highest adoption rates for lactobacillus probiotics over other application segments during 2018-2030 period .This is followed by drugs segment which is projected register highest CAGR over forecast period . Dietary supplements segment will continue maintain its dominant share in terms revenue contribution throughout forecast period .
Product Definition:
Lactobacillus probiotics are live bacteria that help keep the digestive system healthy. They can be found in yogurt and other fermented foods, as well as dietary supplements. Lactobacillus probiotics are important because they help break down food, absorb nutrients, and fight harmful bacteria.
Single Component:
Single-component systems are used to refer to lactobacillus probiotics that consist of a single strain of Lactobacillus. These products are easily available in the market and have been commercialized under different brand names such as Bifidog, Actimel, and others. The factors that propel their demand include ease of consumption due to ready-to-drink or food supplement forms which makes them more accessible for consumers across the globe.
Compound:
Compound is a natural organic substance, which is produced by an assortment of bacteria and other microorganisms. Compound can be categorized as short-chain fatty acids (SCFAs), such as butyric acid, acetic acid, lactic acid; long-chain fatty acids (LCFAs), such as caprylic acid, capric acid; and intermediate-chain fatty acids (ICFAs), such as meicicin.
Application Insights:
The food & beverage application segment led the global market in 2017. The growth of this segment is attributed to the rising demand for probiotics-based products from various food processing industries such as dairy, bakery and confectionery. Furthermore, increasing consumption of yogurts and other fermented dairy products along with a healthy lifestyle are expected to boost product demand over the forecast period.
Dietary supplements were estimated as the second-largest application segment in 2017 owing to high consumer awareness regarding their health benefits. Increasing number of practitioners offering dietary supplements based on Lactobacillus species is also projected to contribute toward revenue growth over the next eight years.
Regional Analysis:
Europe dominated the global market in 2017. The region is expected to witness a growth rate of 5.6% over the forecast period, owing to factors such as high consumer awareness and presence of stringent regulations for manufacturing probiotics-based products. Asia Pacific is projected to be the fastest-growing regional market from 2018 to 2030 due to increasing product demand and rising cases of lifestyle diseases in countries like India and China.
Growth Factors:
- Increasing awareness about the benefits of probiotics for gut health is driving the growth of the lactobacillus probiotics market.
- The increasing incidence of gastrointestinal disorders is fueling demand for lactobacillus probiotics supplements and foods.
- The growing popularity of fermented foods and beverages is propelling the growth of the lactobacillus probiotics market.
- Rising consumer inclination towards preventive healthcare is boosting demand for lactobacillus probiotic supplements and products.
- Growing research on new strains of Lactobacilli that offer potential health benefits is expected to fuel demand for these products in coming years
Scope Of The Report
Report Attributes
Report Details
Report Title
Lactobacillus Probiotics Market Research Report
By Type
Single Component, Compound
By Application
Food & Beverage, Drugs, Dietary Supplements, Others
By Companies
DuPont(Danisco), Chr. Hansen, Lallemand, Yakult, Novozymes, Glory Biotech, Morinaga Milk Industry, Greentech, China-Biotics, BioGaia, Probi, Biosearch Life, Scitop, Jiangsu Wecare Biotechnology, Yiran Biology
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
159
Number of Tables & Figures
112
Customization Available
Yes, the report can be customized as per your need.
Global Lactobacillus Probiotics Market Report Segments:
The global Lactobacillus Probiotics market is segmented on the basis of:
Types
Single Component, Compound
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Food & Beverage, Drugs, Dietary Supplements, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- DuPont(Danisco)
- Chr. Hansen
- Lallemand
- Yakult
- Novozymes
- Glory Biotech
- Morinaga Milk Industry
- Greentech
- China-Biotics
- BioGaia
- Probi
- Biosearch Life
- Scitop
- Jiangsu Wecare Biotechnology
- Yiran Biology
Highlights of The Lactobacillus Probiotics Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Single Component
- Compound
- By Application:
- Food & Beverage
- Drugs
- Dietary Supplements
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Lactobacillus Probiotics Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Lactobacillus probiotics are bacteria that are beneficial to the gut. They help to maintain a healthy balance of bacteria in the gut, which can improve digestion and overall health.
Some of the major players in the lactobacillus probiotics market are DuPont(Danisco), Chr. Hansen, Lallemand, Yakult, Novozymes, Glory Biotech, Morinaga Milk Industry, Greentech, China-Biotics, BioGaia, Probi, Biosearch Life, Scitop, Jiangsu Wecare Biotechnology, Yiran Biology.
The lactobacillus probiotics market is expected to register a CAGR of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Lactobacillus Probiotics Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Lactobacillus Probiotics Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Lactobacillus Probiotics Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Lactobacillus Probiotics Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Lactobacillus Probiotics Market Size & Forecast, 2020-2028
4.5.1 Lactobacillus Probiotics Market Size and Y-o-Y Growth
4.5.2 Lactobacillus Probiotics Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Single Component
5.2.2 Compound
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Food & Beverage
6.2.2 Drugs
6.2.3 Dietary Supplements
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Lactobacillus Probiotics Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Lactobacillus Probiotics Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Single Component
9.6.2 Compound
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Food & Beverage
9.10.2 Drugs
9.10.3 Dietary Supplements
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Single Component
10.6.2 Compound
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Food & Beverage
10.10.2 Drugs
10.10.3 Dietary Supplements
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Single Component
11.6.2 Compound
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Food & Beverage
11.10.2 Drugs
11.10.3 Dietary Supplements
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Single Component
12.6.2 Compound
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Food & Beverage
12.10.2 Drugs
12.10.3 Dietary Supplements
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Single Component
13.6.2 Compound
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Food & Beverage
13.10.2 Drugs
13.10.3 Dietary Supplements
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Lactobacillus Probiotics Market: Competitive Dashboard
14.2 Global Lactobacillus Probiotics Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 DuPont(Danisco)
14.3.2 Chr. Hansen
14.3.3 Lallemand
14.3.4 Yakult
14.3.5 Novozymes
14.3.6 Glory Biotech
14.3.7 Morinaga Milk Industry
14.3.8 Greentech
14.3.9 China-Biotics
14.3.10 BioGaia
14.3.11 Probi
14.3.12 Biosearch Life
14.3.13 Scitop
14.3.14 Jiangsu Wecare Biotechnology
14.3.15 Yiran Biology
