The probiotics food and cosmetics market has experienced significant growth over the past few years, fueled by increasing consumer awareness regarding health and wellness. The global probiotics market was valued at approximately $50 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of around 7% from 2024 to 2032. This growth can be attributed to the rising demand for functional foods and beverages, as consumers seek products that offer additional health benefits such as improved digestion, immune support, and skin health.
Furthermore, the cosmetics segment has witnessed a surge in interest as manufacturers incorporate probiotics into skincare products. These formulations are believed to enhance skin barrier function and promote a balanced skin microbiome, appealing to consumers looking for natural and effective beauty solutions. According to market forecasts, the probiotics cosmetics segment is expected to grow steadily, with a CAGR of around 8% during the same period.
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By 2024, the probiotics food sector is anticipated to reach a market size of approximately $60 billion, driven by innovations and new product launches. Dairy products such as yogurt and kefir remain dominant, alongside a growing variety of plant-based alternatives that cater to changing dietary preferences. Additionally, supplements that contain probiotics are projected to continue their upward trajectory, with an expected market value of around $24 billion by 2032.
In the cosmetics domain, the market size is expected to expand from about $10 billion in 2024 to a projected $15 billion by 2032. The growing trend of clean beauty and the increasing inclination towards vegan and cruelty-free products will likely propel this growth further. Brands are anticipated to invest in research and development to create innovative formulations that harness the power of probiotics, thereby meeting rising consumer expectations.
Probiotics Food Market Size (2024): $60 billion
Probiotics Food Market Size (2032): $84 billion
Probiotics Supplements Market Size (2032): $24 billion
Probiotics Cosmetics Market Size (2024): $10 billion
Probiotics Cosmetics Market Size (2032): $15 billion
Probi Ab
Nestlé
Archer Daniels Midland
Danone
DuPont
Yakult Honsha
General Mills
Kerry
BioGaia
Morinaga Milk Industry
Glowbiotics
Eminence Organic Skin Care
Esse Skin Care
L'Oréal
Estée Lauder
TULA Skincare
Aurelia London
LaFlore Probiotic Skincare
Gallinée Microbiome Skincare
With a robust compound annual growth rate (CAGR) of xxx% from 2024 to 2031, the "Probiotics Food and Cosmetics Market" is expected to reach USD xxx billion by 2031, up from USD xxx billion in 2023. The increasing use of Probiotics Food and Cosmetics Market in industries including consumer products, electronics, healthcare, and automobiles is the reason for this rise. The launch of novel goods and the growing need for efficiency are driving market growth even further.
Segmentation analysis involves dividing the market into distinct groups based on certain criteria, such as type and application. This helps in understanding the market dynamics, targeting specific customer groups, and devising tailored marketing strategies.
Hypermarkets/ Supermarkets
Pharmacies/ Drugstores
Specialty stores
Online
Probiotics food & beverages
Dietary Supplements
Cosmetics
To conduct a regional analysis of the global Probiotics Food and Cosmetics Market, we typically examine various regions such as North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. Here's a brief overview:
North America: is often a leading market due to advanced technology infrastructure, high consumer demand, and significant investment in R&D.
Europe: strong market presence with robust regulatory frameworks, high consumer awareness, and a focus on sustainable practices.
Asia-Pacific: a rapidly growing market driven by increasing population, urbanization, and rising disposable incomes, especially in countries like China and India.
Latin America: is an emerging market with growth potential, driven by economic development and increasing investment in technology and infrastructure.
Middle East & Africa: Growth in this region is driven by economic diversification efforts, particularly in the Gulf countries, and increasing investment in technology.
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1. Introduction of the Probiotics Food and Cosmetics Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Probiotics Food and Cosmetics Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Probiotics Food and Cosmetics Market, By Product
6. Probiotics Food and Cosmetics Market, By Application
7. Probiotics Food and Cosmetics Market, By Geography
North America
Europe
Asia Pacific
Rest of the World
8. Probiotics Food and Cosmetics Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
diversification efforts, particularly in the Gulf countries, and increasing investment in technology.
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