Probiotics Market, By Type (Probiotics Food and Beverages, Probiotics Dietary Supplements, and Probiotics Animal Feed), By Application (Human Probiotics and Animal Probiotics), By Ingredient (Lactobacillus, Streptococcus, and Bifidobacterium), and By Region (North America, Latin America, Asia Pacific, Europe, Middle East & Africa)

Published In : Jul 2023

Code : CMI3988

Pages :120

Formats :

Excel and PDF

Industry : Food and Beverages

Regional Analysis

Geographies covered:

By Type: Probiotics Food and Beverages, Probiotics Dietary Supplements, and Probiotics Animal Feed
By Application: Human Probioticsa and Animal Probiotics
By Ingredient: Lactobacillus, Streptococcus, and Bifidobacterium

Segments covered:

By Region: North America, Latin America, Europe, Asia Pacific, Middle East & Africa

Probiotics Market: Regional Analysis

On the basis of region in the global probiotics market in 2022 Asia Pacific held around 42% covered by Asia Pacific, followed by Europe, North America respectively. The expanding number of health-conscious consumers along with the growing need for gut health products, is the primary driver of probiotic supplement demand in North America. To meet the increased demand, manufacturers in the region are developing novel supplements. Furthermore, numerous producers provide customized probiotic supplements based on the demands of their customers. Consumers value gut health and are aware of the health advantages of probiotic supplements. The Middle East and Africa are developing as potentially lucrative markets for probiotic dietary supplements. The region is experiencing a huge demographic transition, with an increasingly young and working population that values health and well-being. This younger group prioritizes spending on things that improve their health and well-being.

Figure 1. Global Probiotics Market Value Share (%), By Region, 2022