Lactobacillus Acidophilus Probiotics Market to Surpass US$ 2,766.3 Mn at a CAGR of 8.0 % by 2030 | DuPont Nutrition (International Flavors & Fragrances Inc.), BIOPROX

Probiotics are live microorganisms that can be ingested or administered topically to improve one’s health. Yogurt and other fermented foods, dietary supplements, and cosmetics all contain them. Although many people mistake bacteria and other microorganisms for hazardous “germs,” many of them are actually helpful. Some bacteria help to digest food, while others help to break down disease-causing cells and generate vitamins. Many of the microbes identified in probiotic supplements are the same as or closely related to those naturally occurring in the human body. A number of bacteria may be present in probiotics.

The market for lactobacillus acidophilus probiotics is anticipated to reach US$ 1,499.7 million in 2022 and grow at a CAGR of 8.0% during the following five years (2022-2030).

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Drivers

The expansion of the global lactobacillus acidophilus probiotics market is anticipated to be fueled by the rising activities taken by various non-governmental organisations to raise awareness about the usage of probiotics. For instance, to raise awareness of the health advantages of probiotics, SRM University and the nonprofit Probiotic Science Foundation (India) staged the first-ever “Probiotics Awareness Day” in Sonipat on August 24, 2022.

Furthermore, throughout the course of the forecast period, the market for lactobacillus acidophilus probiotics is anticipated to develop profitably due to an increase in the prevalence of gastrointestinal illnesses. For instance, there were more than 36.8 million cases of gastrointestinal symptoms and 43.4 million ambulatory visits with a primary gastrointestinal diagnosis in 2020, according to a 2021 article by the National Library of Medicine titled “Burden and Cost of Gastrointestinal, Liver, and Pancreatic Diseases in the U.S.” More than 3.8 million admissions to hospitals with a primary gastrointestinal diagnosis occurred, with 403,699 readmissions. In the United States, gastrointestinal disorders cause millions of medical contacts and hundreds of thousands of fatalities each year at a cost of billions of dollars.

Impact

The World Health Organization declared a public health emergency on January 30, 2020, as a result of the disease’s global expansion after the COVID-19 viral epidemic in December 2019. The disease has now been detected in over 100 countries.

Three key ways that COVID-19 has impacted the economy are directly impacting the supply and demand for pharmaceuticals and vaccines, causing disruptions in the distribution system, and having an economic impact on businesses and financial markets.

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However, COVID-19 has a favourable effect on the worldwide lactobacillus acidophilus probiotics market due to the rise in demand for supplements and foods that enhance immunity. Probiotics are widely known for their ability to strengthen the immune system since they provide strong defence against gastrointestinal infections and encourage the body’s generation of natural antibodies.

Key Developments

Danone, a multinational food company with headquarters in France, partnered with Yakult, a producer of sweetened probiotic milk beverages with headquarters in Japan, in March 2018 to sell 14% of Danone’s ownership in Yakult for US$ 1.48 billion. This collaboration will support initiatives and research into creating strains with low side effects and high performance efficacy, hence boosting the market for lactobacillus acidophilus probiotics.

Market Restraint

It is anticipated that the probiotics sector would not expand due to a lack of adequate restrictions. Additionally, because probiotics are extremely delicate organisms that can rapidly be weakened by many environmental variables, they need suitable storage facilities. Additionally, the majority of probiotics are unstable at room temperature. All of these elements are predicted to impede market expansion.

Key Players

Fido Pharma Pvt. Ltd., DuPont Nutrition, Lallemand Inc., BIOPROX, Nestlé, Biena Inc., Meteoric Biopharmaceuticals Pvt. Ltd., Chr. Hansen Holding A/S, and Nebraska Cultures are major companies that compete in the global lactobacillus acidophilus probiotics market.

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