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Probiotic Strains Market Size
Probiotic Strains Market size was valued at USD 5.54 billion in 2022 and is anticipated to register a CAGR of over 8.1% between 2023 and 2032. Increasing awareness of the importance of gut health and its impact on overall well-being has been a significant driver for the market. Consumers are seeking products that can help improve their digestive health.
In addition, a general shift towards healthier lifestyles and diets has led to an increased demand for functional foods and dietary supplements, including probiotics, as people are more conscious of what they eat.
The probiotics industry faces regulatory challenges, with different countries having varying regulations on probiotics, making it difficult for manufacturers to navigate international markets. Maintaining the viability and stability of probiotic strains in products can be challenging. Ensuring the strains remain active throughout the product's shelf life is essential but can be difficult to achieve.
Why is North America probiotic strains industry experiencing growth?
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.
Who are the probiotic strains suppliers?
Chr. Hansen Holding A/S, Danone, DuPont, Yakult Honsha, Probi AB, Lifeway Foods, Nestl
How is dietary supplements application driving the demand for probiotic strains?
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.
What is the probiotic strains market worth?
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.