Single-strain Probiotics Market Size is predicted to grow at a 6.91% CAGR during the forecast period for 2024-2031.
Supplements and meals contain single-strain probiotics, which have different health benefits. These contain Lactobacillus rhamnosus GG for gut health and Bifidobacterium lactis for immunity. These drugs have targeted effects, scientific backing, and different potencies and storage needs. In capsules, powders, and fermented meals, they improve digestion and wellness. Always get tailored advice from a doctor. Single-strain probiotics, which contain a single type of beneficial bacteria, have garnered attention due to their targeted and specific health benefits, making them a popular choice among consumers and healthcare providers. The market's expansion is fueled by increasing research and development activities, which continue to uncover new applications and efficacies of single-strain probiotics in promoting digestive health, enhancing immune function, and even influencing mental health.
The Single-strain Probiotics Market is witnessing robust growth driven by rising awareness of gut health and the benefits of probiotics. Single-strain probiotics, which contain one type of beneficial bacteria, are increasingly preferred for their specific health benefits and targeted action. Key market drivers include the growing prevalence of digestive disorders, increased consumer focus on preventive healthcare, and the expanding use of probiotics in functional foods and dietary supplements. Advances in microbiome research and the surge in health-conscious consumers further propel market growth. Additionally, regulatory support and the endorsement of probiotics' health benefits by healthcare professionals contribute to market expansion.
The single-strain probiotics market has had a dual impact on account of the COVID-19 pandemic. On the one hand, increased awareness of health and immunity boosting has led to higher demand for probiotics as consumers seek to strengthen their gut health and overall well-being. On the other hand, supply chain disruptions and economic downturns have posed challenges for manufacturers and retailers. Despite these challenges, the market has generally seen growth, driven by health-conscious consumers and scientific evidence supporting probiotics' benefits in maintaining a strong immune system.
Competitive Landscape
Some Major Key Players In The Single-strain Probiotics Market:
- Hansen Holding A/S
- DuPont de Nemours, Inc. (now part of IFF Health)
- Yakult Honsha Co., Ltd.
- Lallemand Inc.
- Probi AB
- Nestlé Health Science
- Kerry Group plc
- BioGaia AB
- Ganeden (part of Kerry Group)
- Danisco A/S (part of DuPont)
- Other Market Players
Market Segmentation:
The Single-strain Probiotics Market is segmented on the basis of Microbiome Type, Form and End-Use Application. By Microbiome Type segment is categorised into Yeast and Bacteria. As per the Form, the market is divided into Dry and Liquid. By end-use Application, the market is categorised into Food and Beverages, Pharmaceuticals, Animal Feed, and Dietary Supplement.
Based On Type, The Bacteria Segment Accounts For A Major Contributor To The Single-Strain Probiotics Market.
The bacteria segment of the single-strain probiotics market is witnessing unique growth due to its well-documented health benefits. Bacteria is widely used in dietary supplements and functional foods. The increasing consumer knowledge of the importance of probiotics for maintaining digestive health and preventing gastrointestinal disorders is driving demand. Additionally, a growing preference for natural and preventive healthcare solutions supports market expansion. Despite these positive trends, challenges such as varying regulatory standards and product stability issues may impact growth.
The Dietary Supplements Segment Witnessed Rapid Growth.
Based on the application, dietary supplements account for a major share of the global market. Consumers are increasingly adopting nutritional supplements in their daily routines to improve their health. Long-shelf lives with rich nutrients and fiber content, which makes dietary supplements popular among several people. Healthcare experts and nutritionists recommend probiotic supplements for better health outcomes. These dietary supplements are widely available in retail stores, pharmaceuticals, and speciality stores, boosting sales. Manufacturers are adding new formulations in probiotic dietary strains to offer unique products to their consumers.
In The Region, The North American Single-Strain Probiotics Market Holds A Significant Revenue Share.
The North American Single-strain Probiotics Market is anticipated to dominate the market. in the near future due to its developed economy and extensive product availability. The rise in awareness of healthy lifestyles, the increase in disposable incomes, and the introduction of new probiotic products by major companies are all factors that have contributed to this growth. Probiotics have been an integral component of the food culture for consumers in this region.
The preparation and consumption of naturally fermented beverages and foods, such as kimchi, have been widespread. Also in the Asia-Pacific region, consumer awareness of the health benefits of probiotics will serve as the primary growth catalyst for the probiotics market. Moreover, the Asia Pacific region is expected to witness substantial expansion in the worldwide Single-strain Probiotics Market due to increased investments in diverse industries, government efforts, and rising worries over rapid industrialization. Moreover, the Asia Pacific region is expected to witness substantial expansion in the worldwide Single-strain Probiotics Market due to increased investments in diverse industries, government efforts, and rising worries over rapid industrialization.
Recent Developments:
- In Jan 2023, Lallemand unveiled a unique strain of organic yeast. Lallemand Health Solutions has recently introduced a unique organic variant of Saccharomyces boulardii to celebrate the centennial discovery of this probiotic strain.
- In 2021, BioGaia announced the launch of its new probiotic dietary supplement, Osfortis. Through this launch, the company aims to enhance its global business portfolio.
Single-strain Probiotics Market Report Scope
|
Report Attribute |
Specifications |
|
Growth Rate CAGR |
CAGR of 6.91% from 2024 to 2031 |
|
Quantitative Units |
Representation of revenue in US$ Million and CAGR from 2024 to 2031 |
|
Historic Year |
2019 to 2023 |
|
Forecast Year |
2024-2031 |
|
Report Coverage |
The forecast of revenue, the position of the company, the competitive market structure, growth prospects, and trends |
|
Segments Covered |
By Microbiome Type, Form and End-Use Application |
|
Regional Scope |
North America; Europe; Asia Pacific; Latin America; Middle East & Africa |
|
Country Scope |
U.S.; Canada; U.K.; Germany; China; India; Japan; Brazil; Mexico; France; Italy; Spain; Southeast Asia; South Korea |
|
Competitive Landscape |
Chr. Hansen Holding A/S, DuPont de Nemours, Inc. (now part of IFF Health), Yakult Honsha Co., Ltd., Lallemand Inc., Probi AB, Nestlé Health Science, Kerry Group plc, BioGaia AB, Ganeden (part of Kerry Group), Danisco A/S (part of DuPont) and Others. |
|
Customization Scope |
Free customization report with the procurement of the report and modifications to the regional and segment scope. Particular Geographic competitive landscape. |
|
Pricing And Available Payment Methods |
Explore pricing alternatives that are customized to your particular study requirements. |
Corporate
Office :
Office No.5170, 5th Floor Marvel Fuego, Magarpatta Rd, Pune, 411028
info@insightaceanalytic.com
