Europe seeks improved framework to utilize promising probiotics market potential
CHICAGO, July 5, 2023 /PRNewswire/ -- According to Arizton's latest research report, the Europe probiotics market will grow at a CAGR of 7.14% during 2022-2028.
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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.
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 | · High Consumption of Dairy-Based Probiotics · Rise in Health-Conscious Consumer Group & Awareness of Health Benefits Associated with Probiotics · Increasing Acceptance of Probiotic Based Dietary Supplements |
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In 2022, EU-5 countries accounted for a 58.7% share of the Europe probiotics market. Germany, France, the UK, and Italy are the major revenue contributors to the Europe probiotics market. In developed countries, the awareness about using probiotics for improving gut health is increasing. However, due to unhealthy behavior and food habits, people face various health issues, such as digestion issues, several types of cancers, diabetes, allergy issues, low immunity, and others. Obesity and overweight are the major issues in EU-5 countries, which affect the overall human body. Obesity in children is high compared to adults, whereas the percentage of being overweight is high in adults compared to children.
Many regional governments are promoting healthy habits and nutritional products to improve overall health. Due to increasing health consciousness and awareness among people, the consumption of probiotics is increasing in EU-5 countries. People seek nutritional value-based products with vitamins, minerals, and probiotics. In many countries, such as Germany, France, and the UK, cancer is one of the major causes of death. As probiotics are used as an adjuvant in cancer therapy and treatment for allergy-related diseases, the demand for probiotics is increasing in those countries. During the COVID-19 pandemic, the demand for probiotics has increased due to their use in the vaccine as an adjuvant, and the demand is still there for the use of various infectious diseases in the vaccine. People have been seeking products to boost immunity since the COVID-19 pandemic. Hence, they prefer probiotics as a supplement for improving the immune system.
Moreover, Poland, the Netherlands, Russia, Switzerland, the Czech Republic, and Hungary are the key countries in the Central, Eastern, and Southern European probiotics market. Obesity and overweight are the major issues in Poland. The consumption of dairy-based products is increasing. With the increasing awareness about good gut health in Poland, the demand for probiotics is increasing. People in the Netherlands face bowel, stomach, and liver-related problems. Thus, the Netherlands' consumption of probiotic-based food, beverages, and dietary supplements is increasing for improving gut health. As cancer is one of the major causes of death, in cancer therapy, probiotics are used as an adjuvant in Russia. During the COVID-19 pandemic, the demand for probiotics has increased for vaccine use in Russia. Due to the rising diseases and health consciousness, people prefer probiotic-based products. Which in turn, soaring the market demand.
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Prominent Vendors
- 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
- Dietary Supplements
Ingredients
- Bacteria
- Yeast
Age Group
- Adults
- Pediatrics
Distribution Channel
- Supermarkets & Hypermarkets
- Departmental Stores & Discounters
- Drug Stores
- Online Stores
Geography
- EU-5
- Germany
- France
- The UK
- Italy
- Spain
- Central, Eastern, & Southern Europe
- Russia
- Poland
- Netherlands
- Czech Republic
- Hungary
- Switzerland
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Table of Content
1 RESEARCH METHODOLOGY
2 RESEARCH OBJECTIVES
3 RESEARCH PROCESS
4 SCOPE & COVERAGE
4.1 MARKET DEFINITION
4.1.1 INCLUSIONS
4.1.2 EXCLUSIONS
4.1.3 MARKET ESTIMATION CAVEATS
4.2 BASE YEAR
4.3 SCOPE OF THE STUDY
4.3.1 MARKET SEGMENTATION BY PRODUCT
4.3.2 MARKET SEGMENTATION BY INGREDIENTS
4.3.3 MARKET SEGMENTATION BY AGE GROUP
4.3.4 MARKET SEGMENTATION BY DISTRIBUTION CHANNEL
4.3.5 MARKET SEGMENTATION BY GEOGRAPHY
5 REPORT ASSUMPTIONS & CAVEATS
5.1 KEY CAVEATS
5.2 CURRENCY CONVERSION
5.3 MARKET DERIVATION
6 MARKET AT A GLANCE
7 INTRODUCTION
7.1 OVERVIEW
7.1.1 APPLICATIONS OF PROBIOTICS
7.1.2 FACTORS DRIVING DEMAND FOR PROBIOTICS IN THE MARKET
7.1.3 NON-DAIRY BASED PROBIOTICS DEMAND MARKET
7.1.4 PROBIOTICS REGULATIONS AND SAFETY CONCERNS
8 PREMIUM INSIGHTS
8.1 KEY FINDINGS
8.2 MARKET SYNOPSIS
9 MARKET OPPORTUNITIES & TRENDS
9.1 USAGE OF PROBIOTICS AS ADJUVANTS
9.2 ADVANCES IN PHARMACEUTICAL APPLICATIONS OF PROBIOTICS
9.3 INCREASE IN FOCUS OF VENDORS ON DEVELOPING NON-DAIRY-BASED PROBIOTICS
9.4 RAPID GROWTH OF E-COMMERCE
10 MARKET GROWTH ENABLERS
10.1 HIGH CONSUMPTION OF DAIRY-BASED PROBIOTICS
10.2 RISE IN HEALTH-CONSCIOUS CONSUMER GROUPS & AWARENESS OF HEALTH BENEFITS ASSOCIATED WITH PROBIOTICS
10.3 INCREASE IN ACCEPTANCE OF PROBIOTIC-BASED DIETARY SUPPLEMENTS
11 MARKET RESTRAINTS
11.1 CHALLENGES ASSOCIATED WITH VIABILITY & STORAGE OF PROBIOTIC PRODUCTS
11.2 AMBIGUOUS REGULATIONS FOR PROBIOTICS
11.3 NEED FOR SCIENTIFIC & CLINICAL EVIDENCE ON PROBIOTICS
12 MARKET LANDSCAPE
12.1 MARKET OVERVIEW
12.2 MARKET SIZE & FORECAST
12.2.1 INSIGHTS BY GEOGRAPHY
12.2.2 INSIGHT BY PRODUCT
12.2.3 INSIGHT BY INGREDIENTS
12.2.4 INSIGHT BY AGE GROUP
12.2.5 INSIGHT BY DISTRIBUTION CHANNEL
12.3 FIVE FORCES ANALYSIS
12.3.1 THREAT OF NEW ENTRANTS
12.3.2 BARGAINING POWER OF SUPPLIERS
12.3.3 BARGAINING POWER OF BUYERS
12.3.4 THREAT OF SUBSTITUTES
12.3.5 COMPETITIVE RIVALRY
13 PRODUCT
13.1 MARKET SNAPSHOT & GROWTH ENGINE
13.2 MARKET OVERVIEW
13.3 FUNCTIONAL FOOD AND BEVERAGES
13.3.1 MARKET OVERVIEW
13.3.2 MARKET SIZE & FORECAST
13.3.3 MARKET BY GEOGRAPHY
13.4 DIETARY SUPPLEMENTS
13.4.1 MARKET OVERVIEW
13.4.2 MARKET SIZE & FORECAST
13.4.3 MARKET BY GEOGRAPHY
14 INGREDIENTS
14.1 MARKET SNAPSHOT & GROWTH ENGINE
14.2 MARKET OVERVIEW
14.3 BACTERIA
14.3.1 MARKET OVERVIEW
14.3.2 MARKET SIZE & FORECAST
14.3.3 MARKET BY GEOGRAPHY
14.4 YEAST
14.4.1 MARKET OVERVIEW
14.4.2 MARKET SIZE & FORECAST
14.4.3 MARKET BY GEOGRAPHY
15 AGE GROUP
15.1 MARKET SNAPSHOT & GROWTH ENGINE
15.2 MARKET OVERVIEW
15.3 ADULTS
15.3.1 MARKET OVERVIEW
15.3.2 MARKET SIZE & FORECAST
15.3.3 MARKET BY GEOGRAPHY
15.4 PEDIATRICS
15.4.1 MARKET OVERVIEW
15.4.2 MARKET SIZE & FORECAST
15.4.3 MARKET BY GEOGRAPHY
16 DISTRIBUTION CHANNEL
16.1 MARKET SNAPSHOT & GROWTH ENGINE
16.2 MARKET OVERVIEW
16.3 SUPERMARKETS & HYPERMARKETS
16.3.1 MARKET OVERVIEW
16.3.2 MARKET SIZE & FORECAST
16.3.3 MARKET BY GEOGRAPHY
16.4 DEPARTMENT & DISCOUNT-BASED STORES
16.4.1 MARKET OVERVIEW
16.4.2 MARKET SIZE & FORECAST
16.4.3 MARKET BY GEOGRAPHY
16.5 DRUG STORES
16.5.1 MARKET OVERVIEW
16.5.2 MARKET SIZE & FORECAST
16.5.3 MARKET BY GEOGRAPHY
16.6 ONLINE STORES
16.6.1 MARKET OVERVIEW
16.6.2 MARKET SIZE & FORECAST
16.6.3 MARKET BY GEOGRAPHY
17 GEOGRAPHY
17.1 MARKET SNAPSHOT & GROWTH ENGINE
17.2 GEOGRAPHIC OVERVIEW
18 EU-5
18.1 MARKET OVERVIEW
18.2 MARKET SIZE & FORECAST
18.3 MARKET BY PRODUCT
18.3.1 MARKET SIZE & FORECAST
18.4 MARKET BY INGREDIENTS
18.4.1 MARKET SIZE & FORECAST
18.5 MARKET BY AGE GROUP
18.5.1 MARKET SIZE & FORECAST
18.6 MARKET BY DISTRIBUTION CHANNEL
18.6.1 MARKET SIZE & FORECAST
18.7 KEY COUNTRIES
18.7.1 GERMANY: MARKET SIZE & FORECAST
18.7.2 FRANCE: MARKET SIZE & FORECAST
18.7.3 UK: MARKET SIZE & FORECAST
18.7.4 ITALY: MARKET SIZE & FORECAST
18.7.5 SPAIN: MARKET SIZE & FORECAST
19 CENTRAL, EASTERN, & SOUTHERN EUROPE
19.1 MARKET OVERVIEW
19.2 MARKET SIZE & FORECAST
19.3 MARKET BY PRODUCT
19.3.1 MARKET SIZE & FORECAST
19.4 MARKET BY INGREDIENTS
19.4.1 MARKET SIZE & FORECAST
19.5 MARKET BY AGE GROUP
19.5.1 MARKET SIZE & FORECAST
19.6 MARKET BY DISTRIBUTION CHANNEL
19.6.1 MARKET SIZE & FORECAST
19.7 KEY COUNTRIES
19.7.1 RUSSIA: MARKET SIZE & FORECAST
19.7.2 POLAND: MARKET SIZE & FORECAST
19.7.3 NETHERLANDS: MARKET SIZE & FORECAST
19.7.4 CZECH REPUBLIC: MARKET SIZE & FORECAST
19.7.5 HUNGARY: MARKET SIZE & FORECAST
19.7.6 SWITZERLAND: MARKET SIZE & FORECAST
20 NORDIC REGION
20.1 MARKET OVERVIEW
20.2 MARKET SIZE & FORECAST
20.3 MARKET BY PRODUCT
20.3.1 MARKET SIZE & FORECAST
20.4 MARKET BY INGREDIENTS
20.4.1 MARKET SIZE & FORECAST
20.5 MARKET BY AGE GROUP
20.5.1 MARKET SIZE & FORECAST
20.6 MARKET BY DISTRIBUTION CHANNEL
20.6.1 MARKET SIZE & FORECAST
20.7 KEY COUNTRIES
20.7.1 SWEDEN: MARKET SIZE & FORECAST
20.7.2 DENMARK: MARKET SIZE & FORECAST
20.7.3 REST OF NORDIC REGION: MARKET SIZE & FORECAST
21 COMPETITIVE LANDSCAPE
21.1 COMPETITION OVERVIEW
22 KEY COMPANY PROFILES
22.1 NESTLE
22.1.1 BUSINESS OVERVIEW
22.1.2 PRODUCT OFFERINGS
22.1.3 KEY STRATEGIES
22.1.4 KEY STRENGTHS
22.1.5 KEY OPPORTUNITIES
22.2 PROBI
22.3 DANONE
22.4 ADM
22.5 YAKULT HONSHA CO., LTD
23 OTHER PROMINENT VENDORS
23.1 INTERNATIONAL FLAVOURS & FRAGRANCES INC.
23.1.1 BUSINESS OVERVIEW
23.1.2 PRODUCT OFFERINGS
23.2 GENERAL MILLS
23.3 BIOGAIA
23.4 AB-BIOTICS
23.5 CULTECH
23.6 SACCO SYSTEM
23.7 WINCLOVE PROBIOTICS
23.8 PEPSICO
23.9 MORINAGA MILK INDUSTRY CO. LTD.
23.10 ALLERGOSAN USA, LLC
23.11 PANTHERYX
23.12 SANOFI
23.13 WREN LABORATORIES
23.14 NOVOZYMES
23.15 TEVA PHARMACEUTICAL INDUSTRIES LTD.
24 REPORT SUMMARY
24.1 KEY TAKEAWAYS
24.2 STRATEGIC RECOMMENDATIONS
25 QUANTITATIVE SUMMARY
25.1 MARKET BY GEOGRAPHY
25.2 MARKET BY PRODUCT
25.3 MARKET BY INGREDIENTS
25.4 MARKET BY AGE GROUP
25.5 MARKET BY DISTRIBUTION CHANNEL
25.6 MARKET BY PRODUCT
25.6.1 FUNCTIONAL FOOD & BEVERAGES: MARKET BY GEOGRAPHY
25.6.2 DIETARY SUPPLEMENTS: MARKET BY GEOGRAPHY
25.7 MARKET BY INGREDIENTS
25.7.1 BACTERIA: MARKET BY GEOGRAPHY
25.7.2 YEAST: MARKET BY GEOGRAPHY
25.8 MARKET BY AGE GROUP
25.8.1 ADULT: MARKET BY GEOGRAPHY
25.8.2 PEDIATRICS: MARKET BY GEOGRAPHY
25.9 MARKET BY DISTRIBUTION CHANNEL
25.9.1 SUPERMARKETS & HYPERMARKETS: MARKET BY GEOGRAPHY
25.9.2 DEPARTMENT & DISCOUNT-BASED STORES: MARKET BY GEOGRAPHY
25.9.3 DRUG STORES: MARKET BY GEOGRAPHY
25.9.4 ONLINE STORES: MARKET BY GEOGRAPHY
26 APPENDIX
26.1 ABBREVIATIONS
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