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  • Published In : Apr 2024
  • Code : CMI6863
  • Pages :140
  • Formats :
      Excel and PDF
  • Industry : Food and Beverages

Regional Analysis

Probiotics Food And Cosmetics Market Regional Insights

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North America remains the dominant region in the global probiotics food and cosmetics market with estimated 38.7% in 2024. The presence of key players such as Danone, Yakult, Nestle, and others has led to wide product availability and a higher degree of consumer awareness in the region. These companies have established efficient distribution networks, allowing them to place their products across all major retail channels including supermarkets, pharmacies, and online stores. With private label items constituting nearly a quarter of the market, retailers have also played a major role in driving the market growth. The demand for functional foods and natural ingredients-based cosmetics has been steadily rising among health-conscious consumers in the U.S. and Canada. Furthermore, the region is a leader in clinical research and developments related to new probiotic strains and formulations. This has encouraged continuous product innovation.

Asia Pacific has emerged as the fastest-growing market for probiotics food and cosmetics in recent years. Countries like Japan, China, India, and South Korea are spearheading this growth on account of rising health expenditure, growing middle-class populations, and increasing Western influence. Local players in these countries have introduced a diverse array of indigenous as well as commercial probiotic products, catering to regional preferences like fermented milk, yogurts, and grain-based foods. Changing lifestyles have also boosted the appeal of cosmeceuticals containing probiotics. The rapid establishment of local manufacturing infrastructure by international brands is further supporting market expansion. The absence of stringent regulations has encouraged experimentation and affordability in the APAC region. This is attracting substantial investments and driving the overall exports and imports of probiotic-related products.

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