Market Overview:
The global synbiotics 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 probiotics and prebiotics from food and beverage, dietary supplement, animal feed, and other applications. The lactobacillus segment is expected to dominate the global synbiotics market during the forecast period owing to its health benefits such as improving gut health, boosting immunity, and reducing inflammation. North America is expected to lead the global synbiotics market during the forecast period followed by Europe due with rising awareness about probiotic supplements among consumers in these regions.
Product Definition:
Synbiotics are a combination of probiotics and prebiotics. They are important because they help support the growth of beneficial bacteria in the gut, which can improve overall health.
Lactobacillus:
Lactobacillus is a beneficial bacteria, which helps in enhancing the immune system of the body. It also helps in reducing intestinal inflammation and controlling diarrhea. Lactobacillus can be used as a probiotic or synbiotic, which can be incorporated into food products such as dairy beverages, yogurts and cheese to enhance their nutritional value. The growing demand for functional foods on account of rising health concerns among consumers is expected to drive market growth over the forecast period.
Bifidobacterium:
Bifidobacterium is a probiotic bacteria that is commonly used in the production of synbiotics. It has been widely studied for its ability to reduce pathogenic bacteria and improve gut health. Bifidobacterium longum, Bifidobacterium infantis, and Bifidobacterium animalis are commonly available species used in manufacturing of synbiotics.
Application Insights:
The food & beverage application segment led the global market in 2017. Synbiotics are used as additives in processed foods, bakery products, dairy products and beverages. The rising demand for functional foods with added health benefits is expected to be a key factor driving the product demand over the forecast period.
Dietary supplements are expected to witness significant growth over the forecast period owing to increasing consumer awareness regarding their health conditions and associated benefits of using dietary supplements containing synbiotics such as improved digestive system function and gut health improvement among others. Rising geriatric population along with unhealthy lifestyle habits such as fast food is expected to drive demand for dietary supplement globally which in turn will augment industry growth during the study period.
Regional Analysis:
Europe accounted for the largest share of global market in 2017. The region is expected to maintain its dominance over the forecast period as well due to rising consumer awareness regarding probiotics and synbiotic products, increasing R&D activities by various organizations, and presence of key manufacturers in this region. Asia Pacific is projected to be the fastest-growing regional market from 2018 to 2030 owing to growing population, improving standard of living along with rise in disposable income especially in developing countries such as China and India. Moreover, increasing number of product launches coupled with government support are also driving the regional market growth.
Growth Factors:
- Increasing demand for probiotics supplements and functional foods
- Rising awareness about the benefits of synbiotics among consumers
- Growing number of research studies on the health benefits of synbiotics
- Proliferation of online retail channels that offer a wide range of synbiotic products
- Increasing investment by food and beverage companies in R&D to develop new synbiotic products
Scope Of The Report
Report Attributes
Report Details
Report Title
Synbiotics Market Research Report
By Type
Lactobacillus, Bifidobacterium, Streptococcus, Yeast
By Application
Food & Beverage, Dietary Supplement, Animal Feed, Others
By Companies
Sabinsa Corporation, Daflorn, Chr. Hansen, Newleaf, skystone feed, Yakult Pharmaceuticals, Probiotical S.p.A., Sabinsa Corporation
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
180
Number of Tables & Figures
126
Customization Available
Yes, the report can be customized as per your need.
Global Synbiotics Market Report Segments:
The global Synbiotics market is segmented on the basis of:
Types
Lactobacillus, Bifidobacterium, Streptococcus, Yeast
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, Dietary Supplement, Animal Feed, 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:
- Sabinsa Corporation
- Daflorn
- Chr. Hansen
- Newleaf
- skystone feed
- Yakult Pharmaceuticals
- Probiotical S.p.A.
- Sabinsa Corporation
Highlights of The Synbiotics 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:
- Lactobacillus
- Bifidobacterium
- Streptococcus
- Yeast
- By Application:
- Food & Beverage
- Dietary Supplement
- Animal Feed
- 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 Synbiotics 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?
Synbiotics is a term used to describe the combination of probiotics and prebiotics in supplements or foods. Probiotic bacteria help to improve gut health, while prebiotic fibers promote the growth of beneficial bacteria.
Some of the key players operating in the synbiotics market are Sabinsa Corporation, Daflorn, Chr. Hansen, Newleaf, skystone feed, Yakult Pharmaceuticals, Probiotical S.p.A., Sabinsa Corporation.
The synbiotics market is expected to grow at a compound annual growth rate of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Synbiotics 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 Synbiotics Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Synbiotics 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 Synbiotics 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 Synbiotics Market Size & Forecast, 2018-2028
4.5.1 Synbiotics Market Size and Y-o-Y Growth
4.5.2 Synbiotics Market Absolute $ Opportunity
Chapter 5 Global Synbiotics 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 Synbiotics Market Size Forecast by Type
5.2.1 Lactobacillus
5.2.2 Bifidobacterium
5.2.3 Streptococcus
5.2.4 Yeast
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Synbiotics 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 Synbiotics Market Size Forecast by Applications
6.2.1 Food & Beverage
6.2.2 Dietary Supplement
6.2.3 Animal Feed
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Synbiotics 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 Synbiotics 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 Synbiotics Analysis and Forecast
9.1 Introduction
9.2 North America Synbiotics 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 Synbiotics Market Size Forecast by Type
9.6.1 Lactobacillus
9.6.2 Bifidobacterium
9.6.3 Streptococcus
9.6.4 Yeast
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 Synbiotics Market Size Forecast by Applications
9.10.1 Food & Beverage
9.10.2 Dietary Supplement
9.10.3 Animal Feed
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 Synbiotics Analysis and Forecast
10.1 Introduction
10.2 Europe Synbiotics 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 Synbiotics Market Size Forecast by Type
10.6.1 Lactobacillus
10.6.2 Bifidobacterium
10.6.3 Streptococcus
10.6.4 Yeast
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 Synbiotics Market Size Forecast by Applications
10.10.1 Food & Beverage
10.10.2 Dietary Supplement
10.10.3 Animal Feed
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 Synbiotics Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Synbiotics 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 Synbiotics Market Size Forecast by Type
11.6.1 Lactobacillus
11.6.2 Bifidobacterium
11.6.3 Streptococcus
11.6.4 Yeast
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 Synbiotics Market Size Forecast by Applications
11.10.1 Food & Beverage
11.10.2 Dietary Supplement
11.10.3 Animal Feed
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 Synbiotics Analysis and Forecast
12.1 Introduction
12.2 Latin America Synbiotics 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 Synbiotics Market Size Forecast by Type
12.6.1 Lactobacillus
12.6.2 Bifidobacterium
12.6.3 Streptococcus
12.6.4 Yeast
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 Synbiotics Market Size Forecast by Applications
12.10.1 Food & Beverage
12.10.2 Dietary Supplement
12.10.3 Animal Feed
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) Synbiotics Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Synbiotics 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) Synbiotics Market Size Forecast by Type
13.6.1 Lactobacillus
13.6.2 Bifidobacterium
13.6.3 Streptococcus
13.6.4 Yeast
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) Synbiotics Market Size Forecast by Applications
13.10.1 Food & Beverage
13.10.2 Dietary Supplement
13.10.3 Animal Feed
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 Synbiotics Market: Competitive Dashboard
14.2 Global Synbiotics Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Sabinsa Corporation
14.3.2 Daflorn
14.3.3 Chr. Hansen
14.3.4 Newleaf
14.3.5 skystone feed
14.3.6 Yakult Pharmaceuticals
14.3.7 Probiotical S.p.A.
14.3.8 Sabinsa Corporation
