Arizton published the latest research report, “Europe probiotics market – industry outlook & forecast 2023-2028, Industry Trends, Growth, Opportunity Company Analysis. The Europe probiotics market to reach USD 18.76 billion by 2028, growing at a CAGR of 7.14% during the forecast period. The usage of probiotics as adjuvants, advancements in the pharmaceutical applications of probiotics, vendors’ increasing focus on developing non-dairy-based probiotics, and rapid growth of e-commerce are significant trends in the Europe probiotics industry. EU-5 held the most substantial Europe probiotics market share, accounting for over 58% in 2022.
Europe Probiotics Market Report Scope
| Report Attributes | Details |
| Market Size (2028) | USD 18.76 Billion |
| Market Size (2022) | USD 12.40 Billion |
| CAGR (2022-2028) | 7.14% |
| Base Year | 2022 |
| Forecast Year | 2023-2028 |
| MARKET Segmentation | Product, Ingredients, Age Group, Distribution Channel, and Geography |
| Geographic Analysis | EU-5 (Germany, France, U.K., Italy, Spain) and Central, Eastern, & Southern Europe (Russia, Poland, Netherlands, Czech Republic, Hungary, and Switzerland) |
| Market Dynamics |
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Market Overview
Probiotic-based products are used to improve the immune system. Due to the COVID-19 pandemic, awareness about the good immune system and its long-term benefits is increasing. Thus, people prefer probiotics. In many developed countries, probiotic-based products are used as antioxidants, skin repair, and diabetes. The consumption of unhealthy food, alcoholic beverages, and others are the major factors that cause disturbed gut health. Obesity and overweight issues are increasing in European countries. Thus, for improving gut health, people prefer probiotics. Probiotics treat various types of cancers, allergies, and other diseases in vaccines as an adjuvant.
The consumption of dairy-based products is increasing as many countries’ populations are increasing rapidly. Moreover, the acceptance of dietary-based supplements for improving overall health is increasing in European countries. The e-commerce market is growing rapidly in many counties. Thus, the demand for probiotics in the European market to surge rapidly in the upcoming years.
Geographical Analysis
In the Europe probiotics market, EU-5 is the leading regional market. As many major players are available in the EU-5 region, such as Germany, France, the U.K., Italy, and Spain, the demand for probiotics is very high. The high population is the major factor in increasing the consumption of probiotics-based products. Also, the number of people with various diseases such as gastrointestinal disorders, diabetes, cancer, allergy, and other disorders is used in the vaccines in EU-5 countries. Further, the demand for probiotics has increased after the Covid-19 pandemic. Health consciousness is one of the major factors in which the consumption of probiotics-based food, beverages, and dietary supplements is increasing in RU-5 countries.
Competitive Landscape
Few global players and many regional and local players characterize the Europe probiotics market. There are a few major players present in the probiotics market, such as Nestle (Switzerland), Probi (Sweden), Yakult (Japan), Danone (France), and ADM (US) are offering a wide range of probiotics-based products for the customers. The major players in the Europe probiotics market are following merger and acquisition strategies and focusing on acquiring or partnering with local & regional players. As various diseases are increasing, such as cancer, obesity, overweight, diabetes, and others in Europe, the consumption of probiotics is increasing simultaneously. Such factors boost investment in R&D for probiotics-based products, which has fueled the competition among these players.
Vendors’ Increasing Focus on Developing Non-Dairy-Based Probiotics Booming the Market Demand
Dairy products are the main source of probiotics. However, the suppliers in the European probiotics industry are producing probiotics without dairy because of the rising vegetarianism among consumers in those nations. Lactose intolerance affects over 75% of people worldwide. According to the US National Institute of Diabetes and Digestive and Kidney Diseases (NIDDK), there is a rising demand for non-dairy probiotics from consumers who are lactose intolerant and vegetarians who are becoming more prevalent. It is difficult to create non-dairy probiotics that maintain the effectiveness and health advantages of dairy-based probiotics.
Further, the companies are focusing on developing such non-dairy-based probiotics. Vegetables are used as a suitable medium for delivering probiotics. Low incubation temperature may affect the fermentation process of vegetables, such as Bifidobacterium and L. acidophilus probiotic bacteria. Thus, better to adopt L. casei, L. plantarum, and L. rhamnosus during the fermentation process of vegetables. When the temperature is constant such as at 37^0 C, the probiotic bacteria can grow faster in plant-based substrates. The probiotics supplements are made up of good probiotic strains, which help achieve the health goal by working and reinforcing mutually. For such instance, ALLERGOSAN USA, LLC offers OMNI_BIOTIC AB 10 probiotic supplement, which contains ten beneficial bacterial strains that work together to maintain and restore healthy bacteria diversity and balance in the gut. Such companies are offering vegan probiotic products.
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Key Company Profiles
- NESTLE
- Probi
- Danone
- ADM
- Yakult Honsha Co., Ltd
- International Flavours & Fragrances Inc.
- General Mills
- BioGaia
- AB-Biotics
- Cultech
- Sacco System
- Winclove Probiotics
- PepsiCo
- Morinaga Milk Industry Co., Ltd.
- AllergoSan USA, LLC
- PanTheryx
- Sanofi
- Wren Laboratories
- Novozymes
- Teva Pharmaceutical Industries Ltd.
Market Segmentation
- Product: Functional Food & Beverages and Dietary Supplements
- Ingredients: Bacteria and Yeast
- Age Group: Adults and Pediatrics
- Distribution Channel: Supermarkets & Hypermarkets, Departmental Stores & Discounters, Drug Stores, and Online Stores
- Geography: EU-5 (Germany, France, U.K., Italy, Spain), Central, Eastern, & Southern Europe (Russia, Poland, Netherlands, Czech Republic, Hungary, and Switzerland) and Nordic Region (Sweden, Denmark, Rest of Nordic Region)
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