South America Probiotic Ingredients Market Forecast to 2028

Report Code : BMIRE00026058 | Region : LAMEA | Industry : Food and Beverages | Published Date : 19/Sep/2022
South America Probiotic Ingredients Market Forecast to 2028 – COVID-19 Impact and Regional Analysis – by Type (Lactobacillus, Bifidobacterium, and Others) and Application (Functional Food & Beverages, Pharmaceuticals & Nutraceuticals, Animal Feed, and Others)

The South America probiotic ingredients market is expected to grow from US$ 268.94 million in 2022 to US$ 438.17 million by 2028; it is estimated to grow at a CAGR of 8.5% from 2022 to 2028.

Antibiotics have been widely used as feed additives in livestock diets for several decades due to their therapeutic effects. However, a few countries have limited the use of certain antibiotics due to concerns that using antibiotics as feed additives contributes to increased bacterial antibiotic resistance. Moreover, probiotics, prebiotics, and essential oils have been suggested as antibiotic alternatives, as probiotics are live microbial feed supplements that beneficially affect the host by improving intestinal microbial balance. The use of probiotics as a possible alternative to antibiotics has received renewed interest due to the legislation prohibiting the use of subtherapeutic amounts of antibiotics. Probiotic is a generic term, and products can contain yeast cells, bacterial cultures, or both. These products stimulate the microorganisms capable of modifying the gastrointestinal environment to improve health and feed efficiency. They are known for boosting an animal's overall health by improving the microbial balance in its gut. The most used probiotic bacteria in animal feeds include lactobacillus, bacillus, streptococcus, pediococcus, enterococcus, bifidobacterium, and propionibacterium. In the last few years, the use of probiotic ingredients in the feed of farm animals such as pigs, poultry, and ruminants; aquaculture feeds; and pet feeds has increased significantly. Probiotics are increasingly introduced to commercial animal feed for cattle and poultry to change gastrointestinal flora and overall animal health.

With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the South America probiotic ingredients market . The South Americaprobiotic ingredients market is expected to grow at a good CAGR during the forecast period.

South America Probiotic Ingredients Market Revenue and Forecast to 2028 (US$ Million)

South America Probiotic Ingredients Market Segmentation

The South America probiotic ingredients market is segmented based on type, application, and country. Based on type, the market is divided into lactobacillus, bifidobacterium, and others. The lactobacillus segment would dominate the South America probiotic ingredients market in 2022. In terms of application, the market is categorized into functional food & beverages, pharmaceuticals & nutraceuticals, animal feed, and others. The functional food & beverages segment would dominate the South America probiotic ingredients market in 2022. Based on country, the South America probiotic ingredients market is segmented into Brazil, Argentina, and the Rest of South America. The Rest of South America would dominate the South America probiotic ingredients market in 2022.

Key players operating in the South America probiotic ingredients market include ADM; Novozymes A/S; Chr. Hansen Holding A/S; Kerry Group plc; Lallemand Inc; IFF Nutrition & Biosciences; AngelYeast Co., Ltd; Probiotical S.p.A; Adisseo; and Probi by Altair.

The List of Companies - South America Probiotic Ingredients Market

● ADM

● Novozymes A/S

● Chr. Hansen Holding A/S

● Kerry Group plc

● Lallemand Inc

● IFF Nutrition & Biosciences

● AngelYeast Co., Ltd

● Probiotical S.p.A

● Adisseo

● Probi

TABLE OF CONTENTS

1. Introduction

1.1 Study Scope

1.2 The Insight Partners Research Report Guidance

1.3 Market Segmentation

2. Key Takeaways

3. Research Methodology

3.1 Scope of the Study

3.2 Research Methodology

3.2.1 Data Collection:

3.2.2 Primary Interviews:

3.2.3 Hypothesis Formulation:

3.2.4 Macro-economic Factor Analysis:

3.2.5 Developing Base Number:

3.2.6 Data Triangulation:

3.2.7 Country Level Data:

4. SAM Probiotic Ingredients Market Landscape

4.1 Market Overview

4.2 Porter's Five Forces Analysis

4.2.1 Bargaining Power of Suppliers

4.2.2 Bargaining Power of Buyers

4.2.3 Threat of New Entrants

4.2.4 Competitive Rivalry

4.2.5 Threat of Substitutes

4.3 Expert Opinion

4.4 Ecosystem Analysis

5. SAM Probiotic Ingredients Market – Key Market Dynamics

5.1 Market Drivers

5.1.1 Increasing Consumer Focus on Preventive Health

5.1.2 Rising Demand for Probiotic-Fortified Food and Beverages

5.2 Market Restraints

5.2.1 Regulatory Issues

5.3 Market Opportunities

5.3.1 Declining Use of Antibiotics in Animal Feed

5.4 Future Trends

5.4.1 Product Launches with Probiotics as a Key Ingredient

5.5 Impact Analysis of Drivers and Restraints

6. Probiotic Ingredients – SAM Market Analysis

6.1 SAM Probiotic Ingredients Market –Revenue and Forecast to 2028 (US$ Million)

7. SAM Probiotic Ingredients Market Analysis – By Type

7.1 Overview

7.2 SAM Probiotic Ingredients Market, By Type (2021 and 2028)

7.3 Lactobacillus

7.3.1 Overview

7.3.2 Lactobacillus: Probiotic Ingredients Market – Revenue and Forecast to 2028 (US$ Mn)

7.4 Bifidobacterium

7.4.1 Overview

7.4.2 Bifidobacterium: Probiotic Ingredients Market – Revenue and Forecast to 2028 (US$ Mn)

7.5 Others

7.5.1 Overview

7.5.2 Others: Probiotic Ingredients Market – Revenue and Forecast to 2028 (US$ Mn)

8. SAM Probiotic Ingredients Market Analysis – By Application

8.1 Overview

8.2 SAM Probiotic Ingredients Market, By Application (2021 and 2028)

8.3 Functional Food & Beverages

8.3.1 Overview

8.3.2 Functional Food & Beverages: Probiotic Ingredients Market– Revenue and Forecast to 2028 (US$ Mn)

8.4 Pharmaceuticals & Nutraceuticals

8.4.1 Overview

8.4.2 Pharmaceuticals & Nutraceuticals: Probiotic Ingredients Market– Revenue and Forecast to 2028 (US$ Mn)

8.5 Animal Feed

8.5.1 Overview

8.5.2 Animal Feed: Probiotic Ingredients Market– Revenue and Forecast to 2028 (US$ Mn)

8.6 Others

8.6.1 Overview

8.6.2 Others: Probiotic Ingredients Market– Revenue and Forecast to 2028 (US$ Mn)

9. SAM Probiotic Ingredients Market – by Country Analysis

9.1 SAM: Probiotic Ingredients Market

9.1.1 SAM: Probiotic Ingredients Market, by Key Country

9.1.1.1 Brazil: Probiotic Ingredients Market – Revenue and Forecast to 2028 (US$ Million)

9.1.1.1.1 Brazil: Probiotic Ingredients Market, By Type

9.1.1.1.2 Brazil: Probiotic Ingredients Market, by Application

9.1.1.2 Argentina: Probiotic Ingredients Market – Revenue and Forecast to 2028 (US$ Million)

9.1.1.2.1 Argentina: Probiotic Ingredients Market, By Type

9.1.1.2.2 Argentina: Probiotic Ingredients Market, by Application

9.1.1.3 Rest of SAM: Probiotic Ingredients Market – Revenue and Forecast to 2028 (US$ Million)

9.1.1.3.1 Rest of SAM: Probiotic Ingredients Market, By Type

9.1.1.3.2 Rest of SAM: Probiotic Ingredients Market, by Application

10. Industry Landscape

10.1 Overview

10.2 Market Initiative

10.3 New Product Development

10.4 Merger and Acquisition

11. Company Profiles

11.1 ADM

11.1.1 Key Facts

11.1.2 Business Description

11.1.3 Products and Services

11.1.4 Financial Overview

11.1.5 SWOT Analysis

11.1.6 Key Developments

11.2 Novozymes A/S

11.2.1 Key Facts

11.2.2 Business Description

11.2.3 Products and Services

11.2.4 Financial Overview

11.2.5 SWOT Analysis

11.2.6 Key Developments

11.3 Chr. Hansen Holding A/S

11.3.1 Key Facts

11.3.2 Business Description

11.3.3 Products and Services

11.3.4 Financial Overview

11.3.5 SWOT Analysis

11.3.6 Key Developments

11.4 Kerry Group plc

11.4.1 Key Facts

11.4.2 Business Description

11.4.3 Products and Services

11.4.4 Financial Overview

11.4.5 SWOT Analysis

11.4.6 Key Developments

11.5 Lallemand Inc.

11.5.1 Key Facts

11.5.2 Business Description

11.5.3 Products and Services

11.5.4 Financial Overview

11.5.5 SWOT Analysis

11.5.6 Key Developments

11.6 IFF Nutrition & Biosciences

11.6.1 Key Facts

11.6.2 Business Description

11.6.3 Products and Services

11.6.4 Financial Overview

11.6.5 WOT Analysis

11.6.6 Key Developments

11.7 AngelYeast Co., Ltd.

11.7.1 Key Facts

11.7.2 Business Description

11.7.3 Products and Services

11.7.4 Financial Overview

11.7.5 SWOT Analysis

11.7.6 Key Developments

11.8 Probiotical S.p.A.

11.8.1 Key Facts

11.8.2 Business Description

11.8.3 Products and Services

11.8.4 Financial Overview

11.8.5 SWOT Analysis

11.8.6 Key Developments

11.9 Adisseo

11.9.1 Key Facts

11.9.2 Business Description

11.9.3 Products and Services

11.9.4 Financial Overview

11.9.5 SWOT Analysis

11.9.6 Key Developments

11.10 Probi

11.10.1 Key Facts

11.10.2 Business Description

11.10.3 Products and Services

11.10.4 Financial Overview

11.10.5 SWOT Analysis

11.10.6 Key Developments

12. Appendix

12.1 About The Insight Partners

12.2 Word Index

LIST OF TABLES.

Table 1.             SAM Probiotic Ingredients Market –Revenue and Forecast to 2028 (US$ Million)

Table 2.             Brazil Probiotic Ingredients Market, By Type – Revenue and Forecast to 2028 (US$ Million)

Table 3.             Brazil Probiotic Ingredients Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 4.             Argentina Probiotic Ingredients Market, By Type – Revenue and Forecast to 2028 (US$ Million)

Table 5.             Argentina Probiotic Ingredients Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 6.             Rest of SAM Probiotic Ingredients Market, By Type – Revenue and Forecast to 2028 (US$ Million)

Table 7.             Rest of SAM Probiotic Ingredients Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 8.             List of Abbreviation

The List of Companies - South America Probiotic Ingredients Market

● ADM

● Novozymes A/S

● Chr. Hansen Holding A/S

● Kerry Group plc

● Lallemand Inc

● IFF Nutrition & Biosciences

● AngelYeast Co., Ltd

● Probiotical S.p.A

● Adisseo

● Probi

Reason To Buy

● Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the SAM probiotic ingredients market.

● Highlights key business priorities in order to assist companies to realign their business strategies

● The key findings and recommendations highlight crucial progressive industry trends in the SAM probiotic ingredients market, thereby allowing players across the value chain to develop effective long-term strategies

● Develop/modify business expansion plans by using substantial growth offering developed and emerging markets

● Scrutinize in-depth SAM market trends and outlook coupled with the factors driving the SAM probiotic ingredients market, as well as those hindering it

● Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution

AVAILABLE CUSTOMIZATION RESEARCH METHODOLOGY REQUEST FOR TOC FREE SAMPLE REPORT
CHOOSE LICENCE TYPE
(South America Probiotic Ingredients Market Forecast to 2028)
  • Single User Price $3,000$2,400
  • Site Price $4,000$3,200
  • Enterprise Price $5,000$4,000
Buy Now Add to Cart
REQUEST FOR TOC
SPEAK TO ANALYST
FREE SAMPLE
REPORT
INQUIRE BEFORE
BUYING
TOP
Quick Enquiry