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Probiotic Strains Market Share

Report ID: GMI7272
Published Date: Nov 2023
Report Format: PDF

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Probiotic Strains Market Share

Major companies operating in the probiotic strains industry includes:

Chr. Hansen Holding A/S
Danone
DuPont
Yakult Honsha
Probi AB
Lifeway Foods
Nestlé
Ganeden
Valio
BioGaia AB
Morinaga Milk Industry

The companies are undergoing various strategic initiatives, such as mergers and acquisitions, partnerships, collaborations.

Nestlé spans categories like dairy, confectionery, coffee, breakfast cereals, and pet food. The company also has a significant presence in the healthcare sector through Nestlé Health Science, focusing on nutritional solutions for medical conditions. Nestlé's global reach extends to nearly every country, with a robust network of manufacturing facilities and distribution channels. With an impressive brand portfolio featuring iconic names like Nescafé, Kit Kat, and Gerber, Nestlé has a commitment to nutrition, health, and wellness at the core of its mission. Sustainability and corporate social responsibility are key priorities for the company, evidenced by its initiatives to reduce environmental impact and address social issues.

Authors: Kiran Pulidindi, Manish Mohanan

Frequently Asked Questions (FAQ) :

The market size of probiotic strains reached USD 5.54 billion in 2022 and is set to cross USD 12.15 billion by 2032, backed by the increasing awareness of the importance of gut health and its impact on overall well-being.

The dietary supplements segment share was 38.4% in 2022, as these products are increasingly popular among consumers who prefer to obtain their probiotics through familiar and enjoyable dietary sources.

North America market size of USD 1.9 billion in 2022, as there is a growing awareness of the importance of maintaining good health, with a focus on preventive measures across the region.

Chr. Hansen Holding A/S, Danone, DuPont, Yakult Honsha, Probi AB, Lifeway Foods, Nestlé, Ganeden, Valio, BioGaia AB, and Morinaga Milk Industry.