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Bifidobacterium Market size was valued at USD 700 million in 2022 and is predicted to grow at a CAGR of 8% between 2023 and 2032. The rising consumer knowledge about the significance of maintaining a healthy gut is propelling the demand for probiotic products. Bifidobacterium is popular due to its ability to support digestive health and enhance the gut microbiota balance, augmenting the demand for products with this particular strain.
Consumers are also rapidly embracing a proactive approach to maintain their health and seeking preventive measures. Bifidobacterium can provide diverse health benefits including strengthening of the immune system, improvement in nutrient absorption, and promotion of the overall individual well-being, expanding the product demand.
Bifidobacterium provides numerous other health benefits beyond digestive health such as improvement in immune function, reduction in inflammation, mental health support, and maintenance of skin health. Scientific research has also highlighted these benefits, which is enhancing the bifidobacterium market demand.
The probiotic market, which comprises bifidobacterium products, is subject to various regulations & guidelines that pertain to labeling, health claims, safety, and efficacy requirements. Adherence to these regulations can be complicated and time-consuming. Extensive research, testing, and documentation must be carried out to meet the regulatory requirements of different regions. It is quite a challenge to maintain the viability & stability of Bifidobacterium strains through the product shelf life.
These bacteria are susceptible to environmental conditions such as temperature, humidity, and oxygen exposure. Proper storage, packaging, and transportation practices should be guaranteed to maintain the viability & effectiveness of Bifidobacterium strains. This can be a daunting task as Bifidobacterium strains have specific requirements for growth & survival. It is also difficult to formulate products that offer an optimal environment for Bifidobacterium growth & activity. These risks associated with Bifidobacterium may lower the adoption rates, further impeding market growth.
DuPont de Nemours, Inc., Chr. Hansen Holding A/S, Lallemand Inc., Kerry Group, Probi AB, Morinaga Milk Industry Co., Ltd., Yakult Honsha Co., Ltd., Nestl
The U.S. industry value was USD 38.34 billion in 2022 and will grow at a substantial pace from 2023-203, attributed to the large elderly population base in the nation who is more aware of maintaining a healthy lifestyle.
The dietary supplements segment accounted for around 40% market share in 2022, backed by the rising consumer focus on preventive health & wellness.
The market size of bifidobacterium was reached USD 700 million in 2022 and is set to reach USD 2 billion by 2032, owing to the rising consumer awareness about the significance of maintaining a healthy gut.