Probiotics Market Analysis and Reports | UK Conference Series

Market Analysis - Probiotics 2017

Importance and scope

Probiotic food & beverages had the highest penetration in 2015, and this trend is expected to continue over the next eight years. Differentiated product portfolio and continued innovation in the sector are the primary reasons for this scenario.

Probiotics are finding acceptance in applications such as skin health. Development of proprietary formulation techniques is undertaken by companies to cater to customized needs.

Asia Pacific is expected to witness the highest growth of 7.7% over the next eight years. High population density and percentage of the youth population in countries such as India coupled with rising disposable income are expected to contribute to the market growth.

A major part of market share is held by very few companies. Companies are trying innovative techniques for customer engagement. Mergers & acquisitions are carried out to increase regional presence as well as market share.

Industry participants majorly include Chr. Hansen Holding A/S, Danone, Yakult Honsha Co., Ltd., Nestle, Probi AB, Danisco A/S, Lallemand Inc., and Arla Foods, Inc.

Probiotics Market

The global market of probiotics ingredients, supplements, and foods reached nearly $23.1 billion in 2012. This market is expected to grow to nearly $27.1 billion in 2013 and $36.7 billion in 2018 with a compound annual growth rate (CAGR) of 6.2% over the five-year period from 2013 to 2018 with further projections determined to exceed US $63 billion by 2022, driven by growing clinical evidence supporting the effectiveness of probiotics in general health maintenance and disease treatment. Probiotic therapy is growing in polularity in the treatment of lactose intolerance, lipid metabolism, oxalte metabolism, inflammatory bowel diseases (IBD), ulcerative colitits, irritable bowel syndrome (IBS), eczema, allergic rhinitis, infectious diarrhea, necrotizing enterocolitis and helicobacter pylori. Japan, Europe and the United States represents major market worldwide. Asia-pacific ranks as the fastest growing market with a CAGR of 12.7% over the analysis period. However, the probiotics market is still at a relatively novice stage, with lack of clarity on usage patterns among consumers, this is expected to play a critical role in market development over the next six years. Labeling regulations, especially in the U.S. and European Union, are also expected to have significant impact on market growth.

Food & beverages dominated the application market and accounted for over 80% of the total probiotics market, driven by growth of fermented meat, dairy, bakery, breakfast cereals, fats & oils, beverages, fish & eggs, meat, and soy products. Dietary supplements are expected to be the fastest growing application segment, at an estimated CAGR of 7.7% from 2012 to 2020.

"Food & beverages was the largest segment in 2015"

 Probiotics food & beverages segment was the largest segment in 2015 and accounted for more than 85% of total revenue. This application includes dairy products, nondairy products, cereals, baked food, fermented meat products, and dry food probiotics.


Figure-1: Functional Food Market by Sector (% value)


"Human probiotics dominated the total demand in 2015"

Human probiotics accounted for more than 90% of total revenue in 2015. Growing health concerns and development of more effective probiotic strains is expected to aid the industry growth. Increasing standard of living, as well as disposable income in areas such as Asia Pacific, the Middle East and Africa as well as Central & South America, has been benefiting the overall market growth.

Animal feed bacteria are expected to show a steady growth over the next eight years. Companies have been trying to develop and market more effective probiotic strains aimed at improving health.

"Asia Pacific is expected to witness the highest growth from 2016 to 2024"

Asia Pacific dominated the global industry and accounted for more than 40%. Strong demand from countries such as India, China and Japan is the major contributing factor for this scenario. Rising population, growing awareness regarding probiotics usage and the strong presence of international players in the region are contributing to the market growth. 

North America is expected to grow at an anticipated CAGR of 6.8% over the forecast period. Prevalent awareness regarding these product usages and rising preference for functional foods are the driving factors in the region. The Middle East & Africa and Central & South America are also expected to show modest growth over the forecast period.

"Companies investing heavily in R&D are a major market characteristic"

Major industry participants are investing heavily in R&D to develop more effective probiotic strains. The companies are also striving to develop products which find novel applications such as skin treatment. Third party R&D companies are employed to develop superior cultures to gain competitive advantage. High level of integration between raw material suppliers, manufacturers, suppliers and end users. Major industry participants include Danisco A/S, Danone, Chr Hansen, Nestle, Arla Foods, Inc., Probi and Lallemand Inc., S.A., China-Biotics, Inc., E. I. duPont de Nemours and Company, General Mills, Inc., Lifeway Foods, Inc., PROBI AB, BioGaia AB, Yakult Honsha Co., Ltd., Mother Dairy and Chr. Hansen. The growing popularity of probiotics worldwide has attracted many new players to participate in this market.

Key Segments of the Global Probiotic Market

A. Global probiotics market, by application

B. Global probiotics market, by end use

C. Global probiotics market, by strain type

Grand View Research has segmented the probiotics market on the basis of application, end use and region:

1. Global Probiotics Application Outlook (Revenue, USD Million, 2014 - 2024

A. ​Probiotics food & beverage

  • Dairy products

  • Non-dairy products

  • Cereals

  • Baked foods

  • Fermented meat products

  • Dry food probiotics

B. Probiotics dietary supplements

  • Food supplements

  • Nutritional supplements

  • Specialty nutrients

  • Infant formula

  • Animal feed probiotics                                                                                                                                                                                                                                                                        

2. Global Probiotics End Use Outlook (Revenue, USD Million, 2014 - 2024)

  • Human probiotics

  • Animal feed probiotics

3. Global Probiotics Regional Outlook (Revenue, USD Million, 2014- 2024)

North America

  • U.S.

Europe

  • Germany

  •  U.K

Asia Pacific

  • China

  • Japan

  • India

Central & South America

  • Brazil

Middle East & Africa

European Market

Europe is the second largest global market for probiotics after Asia-Pacific, cornering a share estimated to be 25% in 2014. Growth in demand for probiotics in the region is also likely to maintain a fast pace over the 2014-2020 analysis period. Germany and the United Kingdom are the two largest probiotics markets in Europe, with a combined share estimated at about 55% in 2014, with United Kingdom also expected to be the fastest growing. By product type, dietary supplements and functional foods & beverages are the largest, as well as the fastest growing segments.

Prevention and cure of disorders, such as lactose intolerance and inflammatory bowel disease are some of the benefits offered by probiotics, with rising health-consciousness levels and wider access to probiotic dietary supplements being the major factors sustaining growth. The past decade has been witness to the launch of more than 500 food & beverage probiotic products, which have garnered exceptional response in terms of acceptance. Some of the factors implicated in causes of digestive disorders, bloating and reduction in resistance to infections include poor and not-in-time diet, age and stress levels. Studies have revealed that consuming products enhanced with probiotics has been successful in moderating these conditions to a large extent.

 


Figure-2: European Probiotics Market Revenue By Product, 2014 - 2024 (USD Million)


Why London, UK?

London is a leading global city in the arts, commerce, education, entertainment, fashion, finance, healthcare, media, professional services, research and development, tourism, and transport.  It is one of the world's leading financial centres and has the fifth- or sixth-largest metropolitan area GDP in the world. London is a world cultural capital. It is the world's most-visited city as measured by international arrivals and has the world's largest city airport system measured by passenger traffic. London is the world's leading investment destination hosting more international retailers and ultra probiotics food & beverages had the highest penetration in 2015, and this trend is expected to continue over the next eight years. Differentiated product portfolio and continued innovation in the sector are the primary reasons for this scenario.

Industry participants majorly include Chr. Hansen Holding A/S, Danone, Yakult Honsha Co., Ltd., Nestle, Probi AB, Danisco A/S, Lallemand Inc., and Arla Foods, Inc. high-net-worth individuals than any other city. London's universities form the largest concentration of higher education institutes in Europe, and a 2014 report placed it first in the world university rankings. According to the report London also ranks first in the world in software, multimedia development and design, and shares first position in technology readiness.

Conference Highlights

Why to attend?

Probiotics 2017 is aimed to give an opportunity to the experts in the field of Food and Nutrition to examine most recent progressions and difficulties in the field. Probiotics 2017 is intended to give a fashionable dietitians stage to probiotics scientist, researchers, clinical nutritionists, enrolled, and different specialists and understudies working in the field to consider, trade sees and their encounters before an expansive global gathering of people. The gathering invites eminent scientists, researchers, Presidents, Delegates and expert professionals from the probiotics, food and nutrition industry to take part in the intuitive exploratory sessions, B2B gatherings and board talks.


Figure-3: Total Probiotics Market


List of Hospitals Research Centre:

London, UK

  • The Institute of Cancer Research

  • Evelina Children's Hospital - St Thomas' Hospital

  • Barts Health NHS Trust

  • St Mary's Hospital

  • Royal London Hospital

  • St. George's Hospital, London

  • Barts Health NHS Trust

Worldwide

  • Bedford Hospital

  • Children’s Nutrition Research Centre

  • Great Ormond Street Hospital for Children

  • Human Nutrition Research Centre

  • MRC Human Nutrition Research

  • Nutrition Australia

  • Nutrition Studies Research Group

  • UK HealthCare

Major Probiotic Associations and Society

  • Academy of Nutrition and Dietetics

  • American Nutrition Association

  • American Pregnancy Association

  • American society of nutrition

  • British Dietetic Association

  • European Probiotic Association

  • Global Alliance for Probiotics

  • International Probiotic Association

  • International Probiotic Association Europe

  • International Scientific Association for Probiotics and Prebiotics

  • Probiotic Association of India

  • Society of Nutrition Education

Companies Associated with Probiotics:

  • AB-biotics Bellaterra (Barcelona), Catalonia, Spai

  • Atrium Innovations Montreal, Canada

  • Bayer Basel, Switzerland

  • Bifodan Hundested, Denmark

  • Biocare Copenhagen, Denmark

  • BIO-CAT Microbials Shakopee, MN, USA

  • BIOSEARCH Granada, Andalusia, Spain

  • BLIS Technologies Ltd South Dunedin, Otago, New Zealand

  • Cell Biotech Gimpo, South Korea

  • Centro Sperimentale del Latte s.r.l Zelo Buon Persico (Lodi), Italy

  • Ch Deerland Enzymes Kennesaw, Georgia, USAinMax Medical Shanghai, China

  • Chr Hansen Horsholm, Denmark

  • Daflorn Sofia, Bulgaria

  • DANONE Paris, France

  • Essential Formulas Farmers Branch, TX, USA

  • Fit-bioceuticals Alexandria, New South Wales, Australia

  • Futureceuticals Momence, IL, USA

  • i-Health Cromwell, Connecticut, USA

  • Ildong Pharmaceutical Seoul, Korea

  • Invictus Pharmanutricao Sao Paulo, Brazil

  • Jarrow Formulas Los Angeles, CA, USA

  • KeVita Inc. Oxnard, CA, USA

  • KGK Clinical Trial Centers London, ON, Canada

  • Kibow Biotech Inc Newtown Square, PA, USA

  • Kyolic, Wakunaga of America Mission Viejo, CA, USA

  • Lallemand Health Solutions Montreal, Canada

  • Medlab Alexandria, Australia

  

Top Nutrition Universities in UK

  • University of Surrey

  • Queen's University, Belfast

  • University of Leeds

  • King's College London

  • The University of Nottingham

  • Coventry University

  • Newcastle University

  • University of Reading

  • University of Hertfordshire

  • Robert Gordon University

  • University of Lincoln

Target Audience

 


Figure-4: Target audience for Probiotics


Glance at Market and Funding for Probiotics Research 


Figure-5: Projections Growth by next 5-10 years

Recent studies on Probiotics Market exhibit both the opportunities and forecasts during the period 2014-2022 during which the global probiotics market is expected to reach $57.4 billion by 2022, registering a CAGR of 7.7% during the forecast period, 2016-2022. Asia-Pacific is presently dominant in the market and is expected to be the leading contributor in global revenue, due to its high adoption of probiotic based food and beverages. Bacteria derived probiotics would dominate the market throughout the forecast period as yeast strains are still under research and testing phase and approvals from the Food and Drug Administration would take time to implement. By end use, the probiotics market is segmented into animal probiotics and human probiotics. Human probiotics is in the lead by contributing nearly 90% of global revenue in 2015 and is forecasted to grow at a fastest rate of 7.8% during the period 2016-2022. Growth in awareness about the probiotics benefits among the consumers through various means such as publications, fact sheets, and conferences would help to grow among human end users.