Lactobacillus acidophilus probiotics market
Lactobacillus Acidophilus Probiotics Market, by Form (Solid and Liquid), by Application (Food and Beverages, Dietary Supplements, Animal Feed, Pharmaceuticals, and Others), by Distribution Channel (Online Pharmacy, Retail Pharmacy, Hospital Pharmacy, and Supermarket/Hypermarket), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) Size, Share, Outlook, and Opportunity Analysis, 2022 - 2030
- Nov 2022
- CMI5369
- 182 Pages
- Excel & Pdf
- Pharmaceutical
Live microorganisms called probiotics are meant to improve one's health when ingested or applied topically. They can be found in yogurt and other fermented foods, dietary supplements, and beauty products. Although bacteria and other microorganisms are frequently perceived as harmful ‘germs’, many of them are beneficial. Some bacteria produce vitamins and some help to break down disease-causing cells, or aid in food digestion. Many of the microorganisms found in probiotic products are identical to or closely related to those found in human body naturally. Probiotics may contain a variety of microorganisms. The most common are bacteria that belong to groups called Lactobacillus and Bifidobacterium.
Global lactobacillus acidophilus probiotics market is estimated to be valued at US$ 1,499.7 million in 2022 and is expected to exhibit a CAGR of 8.0 % during the forecast period (2022-2030).
Figure 1. Global Lactobacillus Acidophilus Probiotics Market Share (%), by Application, 2022
Global Lactobacillus Acidophilus Probiotics Market- Drivers
The increasing initiatives by several non-government organizations to spread awareness about the use of probiotics is expected to drive the global lactobacillus acidophilus probiotics market growth. For instance, on August 24, 2022, SRM University and Probiotic Science Foundation (India), a non-profit organization, organized the first-ever “Probiotics Awareness Day” in Sonipat, to spread the awareness about health benefits of probiotics.
Moreover, an increase in the prevalence of gastrointestinal diseases is expected to provide lucrative growth to the lactobacillus acidophilus probiotics market over the forecast period. For instance, according to an article published by the National Library of Medicine, in 2021, titled “Burden and Cost of Gastrointestinal, Liver, and Pancreatic Diseases in the U.S.,” there were more than 36.8 million cases of gastrointestinal symptoms and 43.4 million ambulatory visits with a primary gastrointestinal diagnosis, in 2020. Hospitalizations for a principal gastrointestinal diagnosis accounted for more than 3.8 million admissions, with 403,699 readmissions. Gastrointestinal diseases are responsible for millions of healthcare encounters and hundreds of thousands of deaths that annually cost billions of dollars in the U.S.
Lactobacillus Acidophilus Probiotics Market Report Coverage
Report Coverage | Details | ||
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Base Year: | 2021 | Market Size in 2022: | US$ 1,499.7 Mn |
Historical Data for: | 2017 to 2020 | Forecast Period: | 2022 to 2030 |
Forecast Period 2022 to 2030 CAGR: | 8.0 % | 2030 Value Projection: | US$ 2,766.3 Mn |
Geographies covered: |
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Segments covered: |
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Companies covered: |
DuPont Nutrition (International Flavors & Fragrances Inc.), BIOPROX, Biena Inc., Chr. Hansen Holding A/S, Nebraska Cultures, Meteoric Biopharmaceuticals Pvt. Ltd., Nestlé, Lallemand Inc., and Fido Pharma Pvt. Ltd. |
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Growth Drivers: |
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Restraints & Challenges: |
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Figure 2. Global Lactobacillus Acidophilus Probiotics Market Share (%), by Region, 2022
Global Lactobacillus Acidophilus Probiotics Market– Impact of Coronavirus (COVID-19) Pandemic
Since the COVID-19 virus outbreak in December 2019, the disease has spread to over 100 countries across the globe and the World Health Organization declared it a public health emergency on January 30, 2020.
COVID-19 has affected the economy in three main ways: by directly affecting the production and demand of drugs and vaccines, by creating disruptions in distribution channels, and through its financial impact on firms and financial markets. Due to nationwide lockdowns, several countries, such as China, India, Saudi Arabia, UAE, Egypt, and others, faced problems with regard to the transportation of drugs and vaccines from one place to another.
However, COVID-19 had a positive impact on the global lactobacillus acidophilus probiotics market, as demand for immunity-boosting food products and supplements increased. Probiotics are well known for their immunity-boosting properties, as they offer robust protection against gastrointestinal pathogens and also promote the production of natural antibodies in the body.
Global Lactobacillus Acidophilus Probiotics Market: Key Developments
In March 2018, Danone, a France-based multinational food-products corporation based in Paris, entered into a strategic partnership with Yakult, a Japan-based sweetened probiotic milk beverage company, to sell 14% of Danone’s stake in Yakult for US$ 1.48 billion. This partnership will promote activities and research towards manufacturing strains with low side effects and high-performance efficacy augmenting lactobacillus acidophilus probiotics market growth.
Global Lactobacillus Acidophilus Probiotics Market: Restraint
The lack of proper regulations in the probiotics industry is expected to hinder the market growth. Moreover, probiotics require proper storage facilities, as they are highly sensitive organisms and may easily get weakened by various environmental factors. Moreover, most of the probiotics are unstable at room temperature. All these factors are expected to hamper the market growth.
Global Lactobacillus Acidophilus Probiotics Market- Key Players
Major players operating in the global lactobacillus acidophilus probiotics market include DuPont Nutrition (International Flavors & Fragrances Inc.), BIOPROX, Biena Inc., Chr. Hansen Holding A/S, Nebraska Cultures, Meteoric Biopharmaceuticals Pvt. Ltd., Nestlé, Lallemand Inc., and Fido Pharma Pvt. Ltd.
Table of Contents
- Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
- Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snapshot, By Form
- Market Snapshot, By Application
- Market Snapshot, By Distribution Channel
- Market Snapshot, By Region
- Coherent Opportunity Map (COM)
- Report Description
- Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- Market Opportunities
- Impact Analysis
- Market Trends
- Recent Developments
- Acquisitions and Partnerships Scenario
- Technology Overview
- Regulatory Scenario
- PEST Analysis
- Market Dynamics
- Global Lactobacillus Acidophilus Probiotics Market- Impact of Coronavirus (Covid-19) Pandemic
- Overall Impact
- Impact on Supply and Demand
- COVID-19 Impact on the market
- Global Lactobacillus Acidophilus Probiotics Market, By Form, 2017 – 2030, (US$ Million)
- Overview
- Market Share Analysis, 2022 and 2030 (%)
- Y-o-Y Growth Analysis, 2017 – 2030
- Segment Trends
- Solid
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2017–2030, (US$ Million)
- Liquid
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2017–2030, (US$ Million)
- Overview
- Global Lactobacillus Acidophilus Probiotics Market, By Application, 2017 – 2030, (US$ Million)
- Overview
- Market Share Analysis, 2022 and 2030 (%)
- Y-o-Y Growth Analysis, 2017 – 2030
- Segment Trends
- Food and Beverages
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2017–2030, (US$ Million)
- Dietary Supplements
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2017–2030, (US$ Million)
- Animal Feed
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2017–2030, (US$ Million)
- Pharmaceuticals
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2017–2030, (US$ Million)
- Others
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2017–2030, (US$ Million)
- Overview
- Global Lactobacillus Acidophilus Probiotics Market, By Distribution Channel, 2017 – 2030, (US$ Million)
- Overview
- Market Share Analysis, 2022 and 2030 (%)
- Y-o-Y Growth Analysis, 2017 – 2030
- Segment Trends
- Online Pharmacy
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2017–2030, (US$ Million)
- Retail Pharmacy
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2017–2030, (US$ Million)
- Hospital Pharmacy
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2017–2030, (US$ Million)
- Supermarket/Hypermarket
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2017–2030, (US$ Million)
- Overview
- Global Lactobacillus Acidophilus Probiotics Market, By Region, 2017 – 2030, (US$ Million)
- Introduction
- Market Share Analysis, By Region, 2022 and 2030 (%)
- Y-o-Y Growth Analysis, For Regions, 2017–2030
- Regional Trends
- North America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Form, 2017 - 2030, (US$ Million)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2017 - 2030, (US$ Million)
- Market Size and Forecast, and Y-o-Y Growth, By Distribution Channel, 2017 - 2030, (US$ Million)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2017 – 2030, (US$ Million)
- U.S.
- Canada
- Latin America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Form, 2017 - 2030, (US$ Million)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2017 - 2030, (US$ Million)
- Market Size and Forecast, and Y-o-Y Growth, By Distribution Channel, 2017 - 2030, (US$ Million)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2017 – 2030, (US$ Million)
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- Europe
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Form, 2017 - 2030, (US$ Million)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2017 - 2030, (US$ Million)
- Market Size and Forecast, and Y-o-Y Growth, By Distribution Channel, 2017 - 2030, (US$ Million)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2017 – 2030, (US$ Million)
- U.K.
- Germany
- Italy
- France
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Form, 2017 - 2030, (US$ Million)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2017 - 2030, (US$ Million)
- Market Size and Forecast, and Y-o-Y Growth, By Distribution Channel, 2017 - 2030, (US$ Million)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2017 – 2030, (US$ Million)
- China
- India
- Japan
- ASEAN
- Australia
- South Korea
- Rest of Asia Pacific
- Middle East
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Form, 2017 - 2030, (US$ Million)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2017 - 2030, (US$ Million)
- Market Size and Forecast, and Y-o-Y Growth, By Distribution Channel, 2017 - 2030, (US$ Million)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2017 – 2030, (US$ Million)
- GCC
- Israel
- Rest of Middle East
- Africa
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Form, 2017 - 2030, (US$ Million)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2017 - 2030, (US$ Million)
- Market Size and Forecast, and Y-o-Y Growth, By Distribution Channel, 2017 - 2030, (US$ Million)
- Market Size and Forecast, and Y-o-Y Growth, By Country/Region, 2017 – 2030, (US$ Million)
- North Africa
- Central Africa
- South Africa
- Introduction
- Competitive Landscape
- DuPont Nutrition (International Flavors & Fragrances Inc.)
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Market Strategies
- BIOPROX
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Market Strategies
- Biena Inc.
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Market Strategies
- Chr. Hansen Holding A/S
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Market Strategies
- Nebraska Cultures
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Market Strategies
- Meteoric Biopharmaceuticals Pvt. Ltd.
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Market Strategies
- Nestlé
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Market Strategies
- Lallemand Inc.
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Market Strategies
- Fido Pharma Pvt. Ltd.
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Market Strategies
- DuPont Nutrition (International Flavors & Fragrances Inc.)
- Section
- Research Methodology
- About Us
*Browse 28 market data tables and 31 figures on “Lactobacillus Acidophilus Probiotics Market” - Global forecast to 2030
Detailed Segmentation:
- Global Lactobacillus Acidophilus Probiotics Market, By Form:
- Solid
- Liquid
- Global Lactobacillus Acidophilus Probiotics Market, By Application:
- Food and Beverages
- Dietary Supplements
- Animal Feed
- Pharmaceuticals
- Others
- Global Lactobacillus Acidophilus Probiotics Market, By Distribution Channel:
- Online Pharmacy
- Retail Pharmacy
- Hospital Pharmacy
- Supermarket/Hypermarket
- Global Lactobacillus Acidophilus Probiotics Market, By Region:
- North America
- By Form
- Solid
- Liquid
- By Application
- Food and Beverages
- Dietary Supplements
- Animal Feed
- Pharmaceuticals
- Others
- By Distribution Channel:
- Online Pharmacy
- Retail Pharmacy
- Hospital Pharmacy
- Supermarket/Hypermarket
- By Country
- U.S.
- Canada
- By Form
- Latin America
- By Form
- Solid
- Liquid
- By Application
- Food and Beverages
- Dietary Supplements
- Animal Feed
- Pharmaceuticals
- Others
- By Distribution Channel:
- Online Pharmacy
- Retail Pharmacy
- Hospital Pharmacy
- Supermarket/Hypermarket
- By Country
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- By Form
- Europe
- By Form
- Solid
- Liquid
- By Application
- Food and Beverages
- Dietary Supplements
- Animal Feed
- Pharmaceuticals
- Others
- By Distribution Channel:
- Online Pharmacy
- Retail Pharmacy
- Hospital Pharmacy
- Supermarket/Hypermarket
- By Country
- Germany
- U.K.
- France
- Italy
- Spain
- Russia
- Rest of Europe
- By Form
- Asia Pacific
- By Form
- Solid
- Liquid
- By Application
- Food and Beverages
- Dietary Supplements
- Animal Feed
- Pharmaceuticals
- Others
- By Distribution Channel:
- Online Pharmacy
- Retail Pharmacy
- Hospital Pharmacy
- Supermarket/Hypermarket
- By Country
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- By Form
- Middle East
- By Form
- Solid
- Liquid
- By Application
- Food and Beverages
- Dietary Supplements
- Animal Feed
- Pharmaceuticals
- Others
- By Distribution Channel:
- Online Pharmacy
- Retail Pharmacy
- Hospital Pharmacy
- Supermarket/Hypermarket
- By Country
- GCC
- Israel
- Rest of Middle East
- By Form
- Africa
- By Form
- Solid
- Liquid
- By Application
- Food and Beverages
- Dietary Supplements
- Animal Feed
- Pharmaceuticals
- Others
- By Distribution Channel:
- Online Pharmacy
- Retail Pharmacy
- Hospital Pharmacy
- Supermarket/Hypermarket
- By Region/Country
- South Africa
- Central Africa
- North Africa
- By Form
- North America