The market size of the global Gluten-Free Probiotics market iis expected to show an 6.06% CAGR during the forecast period.
Along with many other health advantages like enhancing immunity, preserving gut health, managing weight, preventing obesity, and many more, gluten-free probiotics aid with digestion. Customers are being drawn to a gluten-free diet by increased health consciousness among consumers and the new trend of veganism, which is anticipated to increase demand for plant-based goods. As a result, to broaden their customer base, several markets and significant market participants are launching gluten-free probiotics. The gluten-free probiotics market is expected to be driven by expanding consumer awareness of preventative healthcare measures and rising demand for natural and safe health-benefiting products. A beneficial element for market expansion is anticipated to be the numerous initiatives and increased efforts made by professional groups and organizations to encourage customers to buy these items. The expanding body of research pointing to the product's health advantages and the rising acceptance of probiotic strains as a natural, affordable, and secure alternative to pharmaceutical treatments are expected to benefit market expansion.
The epidemic's logistical and related economic effects are currently posing challenges to the worldwide economy. Despite these outside influences, a healthier demand growth rate for health and immune-boosting products is anticipated. The importance of dietary supplements and functional foods in promoting greater health and wellness is now better understood by consumers. As a result, these products are growing in popularity due to their numerous health benefits, including improving immune function and gut health, which will spur market expansion in the near future.
Market Segmentation:
The Gluten-Free Probiotics market is segmented by type and application. Based on type, the market is segmented into Bifidobacterium, Lactobacillus and Other. Based on the application, Gluten-Free Probiotics are segmented into Food & Beverage, Drugs, Dietary Supplements and Others.
Based on type, the lactobacillus segment is accounted as a major contributor to the Gluten-Free Probiotics market.
Based on type, the market is segmented into Bifidobacterium, Lactobacillus and Other. Lactobacillus held the highest market share for gluten-free probiotics. The ability of lactobacillus strains to suppress the growth of germs and pathogens is beneficial for extending the shelf life and improving the hygienic excellence of foods. Because of their capacity to lower gastrointestinal disorders in humans, Lactobacillus strains are advantageous to people, which is expected to affect product demand positively.
The Food & Beverage segment witnessed growth at a rapid rate.
Based on the application, Gluten-Free Probiotics are segmented into Food & Beverage, Drugs, Dietary Supplements and Others. Currently, foods & beverages are ingested regularly and have been shown to give possible health benefits above and beyond the generally acknowledged nutritional impacts. One of the current global food trends is consuming foods & beverages. Sales are driven by the rising demand for natural and healthy food products. It is anticipated that the demand for dietary supplements that fulfil consumer needs will increase due to consumers' growing understanding of the benefits of a healthy, balanced diet in reducing illness risk and maintaining overall health.
The Asia Pacific Gluten-Free Probiotics market holds a significant revenue share in the region.
The Asia Pacific Gluten-Free Probiotics market is expected to register the highest market share in revenue in the near future. With China and Japan accounting for more than half of regional sales, the region has developed quickly. In Japan and other countries in Central and Southeast Asia, the demand for gluten-free probiotic products, particularly drinks, is anticipated to stay strong in the future. For instance, Yakult Honsha, a corporation with headquarters in Japan, claims to sell 9,540 bottles of Yakult every day in that country. The rising demand for these fermented beverages will promote regional market expansion. In addition, North America is projected to increase in the global Gluten-Free Probiotics market. The region's food industry is well-established, there are notable companies, and the prevalence of lifestyle-related diseases like diabetes and obesity is rising, driving consumers to adopt healthy eating habits. This is anticipated to increase product sales in the region.
Competitive Landscape
The key players in the Gluten-Free Probiotics market have shifted their focus toward product manufacturing and are initiating significant strategies such as mergers, acquisitions, and joint ventures of major and domestic players to enhance product portfolio and strengthen their global market footprint. Key players in the Gluten-Free Probiotics market are DuPont (Danisco), Chr. Hansen, Lallemand, China-Biotics, Nestle, Danone, Probi,BioGaia, Yakult, Novozymes, Glory Biotech, Ganeden, Morinaga Milk Industry, Sabinsa, Greentech, Biosearch Life, UAS Laboratories and Synbiotech.
