According to SPER Market Research, the Probiotics Food & Cosmetics Market estimated to reach USD 112.2 billion by 2030 with a CAGR of 7.9%. The increase in diseases like obesity, high blood pressure, and osteoporosis, consumers lean to maintain a healthy diet with the increased consumption of fortified foods, beverages, and dietary supplements.
Probiotics are becoming one of the essential ingredients for various health and nutritional applications. The increasing consumer awareness related to Probiotics is gradually gaining pace, which is expected to drive the investments in R&D for developing new products that contain Probiotics ingredients.
Malnutrition and obesity are the key factors for introduction of Probiotics in the market for nutritional intake. The investment and expansion on new products are the keys for the growth of this market.
The benefits of incorporating scientifically derived bacterial strains in Probiotics foods are the balance in the host’s intestinal micro biota, the subsequent enhancement of the immune system, balancing the pH of the large intestine, cholesterol reduction, prevention of diseases, treatment of tooth decay, and improvement in women’s health.
The inclusion of Probiotics in cosmetics will provide regulatory challenges as it brings cosmetic products into the health realm.
The increasing evidence of health benefits associated with Probiotics for health restoration has increased the customer expectations related to Probiotics. This inclination toward a safe, natural, and cost-effective substitute for drugs has led to the application of Probiotics as pharmaceutical agents
The Asia Pacific region dominated the Probiotics food & cosmetics market is due to awareness regarding the benefits of ‘good bacteria’, availability of bacterially fermented milk products in the regions. The trend of leading a healthy lifestyle attracts youngsters in the country to shop in supermarkets even if it is expensive. The growing popularity of online mode of distribution channels has urged supermarkets to adopt different strategies. For instance, in-store promotions and on-site demonstrations are some of the strategies adopted by supermarkets.
Due to the natural predisposition of consumers for taking supplements, North America is a huge market for Probiotics dietary supplements.
The global Probiotics Food & Cosmetics Market study provides market data by competitive landscape, revenue analysis, market segments and detailed analysis of key market players such as; Archer Daniels Midland Company, Aurelia London, BioGaia, Biomilk, Skincare, Danone, DuPont, Eminence Organic Skin Care, Esse Skin Care, Estee Lauder, Gallinee Microbiome Skincare, General Mills, Glowbiotics LLC,Kerry, LaFlore Probiotic Skincare,L'Oreal,Morinaga Milk Industry Co., Ltd., Nestle, Probi Ab, TULA Skincare,Yakult Honsha.
SPER Market Research study aims to provide market dynamics, demand and supply with yearly forecast to 2030. This report provides data for growth estimates and forecasts for product segments- Probiotics food & beverages, Dietary Supplements, Cosmetics and by ingredient segment- Bacteria, Yeast. This report also provides the data for key regional segments of North America, Europe, Asia-Pacific and Rest of the World.
This study also encompasses various drivers and restraining factors for this market for the forecast period. Various growth opportunities are also discussed in the report.