PROBIOTICS FOOD AND COSMETICS MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024-2031)

Global probiotics food and cosmetics market is estimated to be valued at USD 72.29 Bn in 2024, exhibiting a compound annual growth rate (CAGR) of 8.5% from 2024 to 2031. Probiotics are living microorganisms that provide health benefits when consumed. Probiotic foods and cosmetics have gained widespread popularity in recent years, owing to their various health advantages. Probiotic foods including yogurt, kefir, kimchi, and others contain beneficial bacteria such as Lactobacillus and Bifidobacterium that help maintain a healthy gut microbiota. Probiotic cosmetics containing these microbes are effective in improving skin health conditions like acne, aging and inflammation. The global market for probiotic food and cosmetics is expanding rapidly as consumers are more aware about role of gut and skin microbiota in general well-being.

 Market Dynamics:

Rising awareness about probiotic health benefits among consumers is a key driver for the probiotics food and cosmetics market. Probiotics are known to boost immunity, aid digestion, lower risk of various chronic diseases and more. The market is witnessing lucrative opportunities fueled by product innovations incorporating new probiotic strains. However, high costs of R&D activities for developing novel probiotic products can hamper the market growth. Stringent regulatory frameworks and approval procedures for new probiotic strains are major challenges for industry participants. Overall, the future outlook for the global probiotics food and cosmetics market remains positive with continued new product launches catering to multifunctional wellness needs of customers.

 Key Features of the Study:

• This report provides in-depth analysis of the global probiotics food and cosmetics market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2024–2031), considering 2023 as the base year.
• It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market.
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players.
• It profiles key players in the global probiotics food and cosmetics market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies.
• Key companies covered as a part of this study include Biomilk Skincare, Gallinée Microbiome Skincare, Probi Ab, LaFlore Probiotic Skincare, TULA Skincare, Nestlé, Archer Daniels Midland Company, Danone, DuPont, Yakult Honsha, General Mills, Kerry, BioGaia, Morinaga Milk Industry Co., Ltd., Glowbiotics LLC, Eminence Organic Skin Care, Esse Skin Care, L'Oréal, and Estée Lauder.
• Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics.
• Global probiotics food and cosmetics market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.

Detailed Segmentation-

• Product Type:
  • Probiotics food & beverages
  • Dietary Supplements
  • Cosmetics
• Ingredients
  • Bacteria
  • Yeast
  • Others
• Distribution Channel:
  • Hypermarkets/ Supermarkets
  • Pharmacies/ Drugstores
  • Specialty stores
  • Online
  • Others
• Regional:
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa
• Company Profiles:
  • Biomilk Skincare
  • Gallinée Microbiome Skincare
  • Probi Ab
  • LaFlore Probiotic Skincare
  • TULA Skincare
  • Nestlé
  • Archer Daniels Midland Company
  • Danone
  • DuPont
  • Yakult Honsha
  • General Mills
  • Kerry
  • BioGaia
  • Morinaga Milk Industry Co., Ltd.
  • Glowbiotics LLC
  • Eminence Organic Skin Care
  • Esse Skin Care
  • L'Oréal
  • Estée Lauder