Probiotics Food And Cosmetics Market Report 2024-2033: Analysis, Forecast & Growth Trends

The probiotics food and cosmetics market size has grown rapidly in recent years. It will grow from $59.58 billion in 2023 to $67.75 billion in 2024 at a compound annual growth rate (CAGR) of 13.7%. The growth in the historic period can be attributed to demand for digestive health and wellness, growth in the health and nutrition sector, expansion of functional foods and supplements, development of probiotic strains and formulations, regulatory standards for food and cosmetic safety..

The probiotics food and cosmetics market size is expected to see rapid growth in the next few years. It will grow to $108.83 billion in 2028 at a compound annual growth rate (CAGR) of 12.6%. The growth in the forecast period can be attributed to customized probiotic solutions for specific health needs, growth in personalized nutrition and microbiome testing, innovation in probiotic-infused skincare and cosmetics, increased use in immunity-boosting products, expansion in pet and animal health applications.. Major trends in the forecast period include regulatory compliance in probiotic safety and labeling, smart and probiotic-infused wearables for health monitoring, biodegradable and eco-friendly probiotic products, personalized probiotic recommendations, transparency and traceability in probiotic sourcing..

Market Overview -
The probiotics food and cosmetics are living bacteria ingested or administered to the body to provide health advantages. They are found in yogurt, beauty products, and various fermented foods. They also have various health benefits such as weight loss, and increased immunity.

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Rapid Growth And Increasing Popularity Of Probiotic Products Health Benefits And Consumer Trends
Customers preferred products with proven health benefits are expected to propel the growth of the probiotic's foods and cosmetic market. Probiotics have various health benefits such as increased immunity and altered metabolism. They also act as functional foods, nutraceuticals, and food supplements to provide a healthy lifestyle to their consumers. Moreover, recent research has discovered that when children are given probiotics, their gut microbiota balance, intestinal cell proliferation, and immune response increase dramatically. According to the findings in 2021, the number of people using probiotics in the United States increased by 66%, accounting for 25% of all supplement users (compared to 15% of total users six months prior). When compared to six months ago, the percentage of U.S. consumers who used probiotics daily or more frequently climbed from 37% to 61%. Probiotic users increased by 188% to 26% of all supplement users in Italy (up from 9% six months ago), with an 83% increase in weekly compliance. Probiotic users increased by 108% to 48% of total supplement users among Chinese consumers (compared to 23% six months prior). While the survey's reach is limited, it reveals that consumers are aware of probiotics' ability to enhance immune function and are taking proactive steps to protect their health in the face of the global epidemic. Therefore, increasing customer prefer products with proven health benefits drives the probiotics foods and cosmetic market.

Competitive Landscape -
Major companies operating in the probiotics food and cosmetics market include Danone SA, Yakult Honsha Co Ltd., Nestlé Alimentana SA, Dansk Handels- og Industri Company, Chr Hansen Holding A/S, Probi AB, BioGaia AB, Kerry Group plc, Lifeway Foods Inc., Lallemand Inc., PepsiCo Inc., Arla Foods Inc., Deerland Probiotics & Enzymes Inc., Evolve BioSystems, ADM Protexin, Mother Dairy Fruit & Vegetable Private Ltd., General Mills Inc., i-Health Inc., Archer-Daniels-Midland Company, Cell Biotech Co. Ltd., Probiotical SPA, Bright Dairy & Food Co Ltd., Custom Probiotics Inc., Dietary Pro Inc., DuPont De Nemours Inc., Ganeden Inc., Nebraska Cultures Inc., ProbioFerm LLC, Reckitt Benckiser Group plc, Reckitt Benckiser LLC, Symrise AG

Biogaia's Breakthrough In Probiotic Product Development
Product development are shaping the probiotics foods and cosmetics market. Due to technological advancements, companies develop new products to satisfy consumer needs and provide an enhanced products with added features. In February 2021, BioGaia, a Sweden-based company that develops markets and sells a range of products with probiotics has developed next-generation probiotics with a focus on metabolic illnesses, including diabetes and associated problems with the help of bacteria that is very sensitive to oxygen. To cope with the sensitivity of oxygen, the company has patented a unique production technology whose information remains undisclosed.

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Key Segments -
The probiotics food and cosmetics market covered in this report is segmented -
1) By Product Type: Probiotics Food and Beverages, Dietary Supplements, Cosmetics
2) By Ingredients: Bacteria, Yeast
3) By Distribution Channel: Hypermarkets/ Supermarkets, Pharmacies/ Drugstores, Specialty stores, Online

Key highlights covered in the report -
1. Detailed market size forecast and historical data analysis
2. Key drivers influencing market growth
3. Identification of upcoming trends and potential opportunities in the market
4. Analysis of major players strategies, to understand competitive dynamics and market positioning
5. Evaluation of regional dynamics

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