by The Lactobacillus Acidophilus Probiotics Market is estimated to be valued at US$ 1619.68 Mn or Bn in 2023 and is expected to exhibit a CAGR of 8.0% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.
Market Overview:
Lactobacillus acidophilus is one of the most common probiotic bacteria found in the human gastrointestinal tract. It helps maintain a balanced microbial community in the gut and produces bacteriocins and organic acids that inhibit the growth of pathogenic and harmful bacteria. Products containing L. acidophilus include yogurts, fermented milk products, dietary supplements, and gut health formulations. The growing awareness about digestive and gut health has significantly boosted the demand for probiotic supplements containing L. acidophilus in recent years.
Market Dynamics:
The increasing awareness among consumers regarding the importance of maintaining a balanced gut microbiome is a major driver for the Lactobacillus Acidophilus Probiotics Market. According to various clinical studies, maintaining a healthy gut flora with probiotic supplementation can offer numerous health benefits ranging from improved digestion to boosting immunity. This has compelled many people to incorporate probiotic foods and supplements in their daily diets. Additionally, the rising prevalence of gut-related issues like irritable bowel syndrome (IBS) and inflammatory bowel disease (IBD) is also fueling the demand for targeted interventions using probiotic strains like L. acidophilus. According to the International Foundation for Functional Gastrointestinal Disorders, IBS affects nearly 25 million Americans annually and leads to over $20 billion in healthcare costs and lost productivity. Thus, the growing incidence of gastrointestinal disorders creates a sizable consumer base for probiotics containing L. acidophilus.
Segment Analysis
The Lactobacillus acidophilus probiotics market can be segmented into dietary supplements and foods. The dietary supplements segment currently dominates the market, accounting for over 60% share. This is because L. acidophilus probiotics are considered beneficial for digestive and immune health and are widely consumed in dietary supplement capsules, tablets, and powder formats. The foods segment is expected to witness steady growth due to rising consumer preference for probiotic-fortified foods like yogurt, milk, juices and cereals.
PEST Analysis
Political: Regulations regarding use of probiotics in foods and supplements are well defined in major markets, encouraging growth. However, varying regulations across countries can impact trade.
Economic: Rising income levels globally are increasing consumer spending on premium health products with probiotics. The economic impact of the Covid-19 pandemic resulted in increased demand for immunity boosters.
Social: Growing health consciousness and awareness about gut health benefits of probiotics are driving their demand. Social media influences consumers’ purchase of probiotic supplements.
Technological: Advancements in microbiome science are leading to development of new probiotic strains with targeted health effects. Improved encapsulation techniques ensure probiotic viability until consumption.
Key Takeaways
The Global Lactobacillus Acidophilus Probiotics Market Size is expected to witness high growth, exhibiting CAGR of 8.0% over the forecast period, due to increasing consumer awareness about gut and immunity health. North America currently dominates the market due to heavy dietary supplements consumption and holds around 35% share. Asia Pacific is expected to grow at the fastest pace owing to rising health supplement consumption in China and India.
Key players operating in the Lactobacillus acidophilus probiotics market are DuPont Nutrition (International Flavors & Fragrances Inc.), BIOPROX, Biena Inc., Chr. Hansen Holding A/S, Nebraska Cultures, Meteoric Biopharmaceuticals Pvt. Ltd., Nestlé, Lallemand Inc., and Fido Pharma Pvt. Ltd. BIOPROX and Lallemand hold a significant share due to their wide product portfolio and global presence. Chr. Hansen is a leading strain developer with technologically advanced probiotic solutions. Emerging players are focusing on innovation to expand applications in food and beverage segments.
The global probiotic dietary supplements market size was valued at US$ 1619.68 Mn in 2023 and is projected to reach around US$ 3012.2 Mn by 2030, expanding at a CAGR of ~8.0%. Rising health awareness due to COVID-19 pandemic and demand for natural medication for immunity boosting has significantly propelled the growth of probiotics market globally.
*Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it
Money Singh is a seasoned content writer with over four years of experience in the market research sector. Her expertise spans various industries, including food and beverages, biotechnology, chemicals and materials, defense and aerospace, consumer goods, etc.
