Probiotics Food And Cosmetics Market Is On The Trend Of Growing Health And Wellness Awareness
Probiotics are live microorganisms that when administered in adequate amounts confer a health benefit to the host. They are commonly found in yogurts, kefir, kimchi, kombucha, and other fermented foods, as well as topical cosmetic products. Probiotics are believed to help support digestive health and immunity when consumed orally and provide anti-aging and moisturizing benefits when used topically in cosmetics. The key benefits of probiotics are maintenance of gut microbiota balance, vitamin synthesis, anti-bacterial and anti-fungal activities, and boosting the immune system. Probiotic containing foods and products are gaining traction globally owing to rising awareness about overall health and wellness.
Global probiotics food and cosmetics market is estimated to be valued at USD 72.29 Bn in 2024 and is expected to reach USD 127.97 Bn by 2031, exhibiting a compound annual growth rate (CAGR) of 8.5% from 2024 to 2031.
Key Takeaways
Key players operating in the probiotics food and cosmetics market are Biomilk Skincare, Gallinée Microbiome Skincare, Probi AB, LaFlore Probiotic Skincare, TULA Skincare, Nestlé, Archer Daniels Midland Company, Danone, DuPont, Yakult Honsha, General Mills, Kerry, BioGaia, Morinaga Milk Industry Co., Ltd., Glowbiotics LLC, Eminence Organic Skin Care, Esse Skin Care, L'Oréal, Estée Lauder.
Consumers are increasingly becoming health conscious and preferring food and personal care products that provide additional health benefits. Probiotics are believed to enhance digestive health, immunity, and skin conditions which is fueling the demand.
Probiotic product manufacturers are focusing on global expansion through partnerships, collaborations, and acquisitions to penetrate developing markets and strengthen their presence. Advancements in research is also helping develop new strains, delivery formats and applications in the Probiotics Food And Cosmetics Market Forecast.
Market Key Trends
The key trends in the probiotics food and cosmetics market include growing demand for natural and organic products, development of multi-strain probiotic formulations, and innovative delivery formats such as gummies, powders, capsules. Manufacturers are investing in R&D to develop new probiotic strains tailored for specific health applications along with formulations combining probiotics with prebiotics and postbiotics. Novel product categories such as probiotic personal care and baby food are also emerging. Advancements in microbiome science is further validating the health benefits of probiotics driving increased adoption.
Porter’s Analysis
Threat of new entrants: Low as significant investment and production costs are required.
Bargaining power of buyers: High as the market has many established brands and products.
Bargaining power of suppliers: Moderate as raw materials are available from many suppliers globally.
Threat of new substitutes: Moderate as new alternatives can emerge but will take time to get established.
Competitive rivalry: High as major players compete intensely on innovation, quality and promotion.
Geographical Regions
North America holds the largest share of the probiotics food and cosmetics market due to growing health consciousness and gut health focus. The U.S. accounts for the majority share due to established brands and affordability.
Asia Pacific region is projected to grow at the fastest pace during the forecast period due to rising disposable incomes, growing awareness about preventive healthcare and western influences regarding probiotic consumption in countries like India, China and Japan.
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Alice Mutum is a seasoned senior content editor at Coherent Market Insights, leveraging extensive expertise gained from her previous role as a content writer. With seven years in content development, Alice masterfully employs SEO best practices and cutting-edge digital marketing strategies to craft high-ranking, impactful content. As an editor, she meticulously ensures flawless grammar and punctuation, precise data accuracy, and perfect alignment with audience needs in every research report. Alice's dedication to excellence and her strategic approach to content make her an invaluable asset in the world of market insights.
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