Europe Probiotic Ingredients Market Forecast to 2028

Report Code : BMIRE00026065 | Region : Europe | Industry : Food and Beverages | Published Date : 19/Sep/2022
Europe 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 Feeds, and Others)

The Europe probiotic ingredients market is expected to grow from US$ 989.86 million in 2022 to US$ 1,535.13 million by 2028; it is estimated to grow at a CAGR of 7.6% from 2022 to 2028.

Antibiotics, a feed additive, have been widely used 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 contribute to increased bacterial antibiotic resistance. Furthermore, from 2006 onward, the European Union (EU) prohibited the use of antibiotics as feed additives. As a result of the shift in customer demand for safe food production and regulatory concerns regarding antibiotics, growth-promoting additives have ensured a search for natural strategies to modulate gut development and health. 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 sub-therapeutic amounts of antibiotics. Probiotic is a generic term, and products can contain yeast cells, bacterial cultures, or both that stimulate microorganisms capable of modifying the gastrointestinal environment to improve health and feed efficiency.

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 Europe probiotic ingredients market . The Europe probiotic ingredients market is expected to grow at a good CAGR during the forecast period.

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

Europe Probiotic Ingredients Market Segmentation

The Europe probiotic ingredients market is segmented based on type, application, and country. Based on type, the Europe probiotic ingredients market is divided into lactobacillus, bifidobacterium, and others. The lactobacillus would dominate the Europe probiotic ingredients market in 2022. Based on application, the market is categorized into functional food & beverages, pharmaceuticals & nutraceuticals, animal feed, and others. The functional food & beverages would dominate the Europe probiotic ingredients market in 2022. Based on country, the Europe probiotic ingredients market is segmented into Germany, the UK, France, Italy, Russia, and the Rest of Europe. The Rest of Europe would dominate the Europe probiotic ingredients market in 2022.

Key players operating in the Europe 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 - Europe 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. Europe 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. Europe Probiotic Ingredients Market – Key Market Dynamics

5.1 Market Drivers

5.1.1 Growing Consumer Focus on Preventive Health

5.1.2 Surging Demand for Probiotic-Fortified Food and Beverages

5.2 Market Restraints

5.2.1 Regulatory Concerns

5.3 Market Opportunities

5.3.1 Decreasing Use of Antibiotics in Animal Feed

5.4 Future Trends

5.4.1 New Product Releases with Probiotics as a Key Ingredient

5.5 Impact Analysis of Drivers and Restraints

6. Probiotic Ingredients – Europe Market Analysis

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

7. Europe Probiotic Ingredients Market Analysis – By Type

7.1 Overview

7.2 Europe 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. Europe Probiotic Ingredients Market Analysis – By Application

8.1 Overview

8.2 Europe 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. Europe Probiotic Ingredients Market – By Country Analysis

9.1 Europe: Probiotic Ingredients Market

9.1.1 Europe: Probiotic Ingredients Market, by Key Country

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

9.1.1.1.1 Germany: Probiotic Ingredients Market, By Type

9.1.1.1.2 Germany: Probiotic Ingredients Market, by Application

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

9.1.1.2.1 France: Probiotic Ingredients Market, By Type

9.1.1.2.2 France: Probiotic Ingredients Market, by Application

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

9.1.1.3.1 UK: Probiotic Ingredients Market, By Type

9.1.1.3.2 UK: Probiotic Ingredients Market, by Application

9.1.1.4 Italy: Probiotic Ingredients Market – Revenue and Forecast to 2028 (US$ Million)

9.1.1.4.1 Italy: Probiotic Ingredients Market, By Type

9.1.1.4.2 Italy: Probiotic Ingredients Market, by Application

9.1.1.5 Russia: Probiotic Ingredients Market – Revenue and Forecast to 2028 (US$ Million)

9.1.1.5.1 Russia: Probiotic Ingredients Market, By Type

9.1.1.5.2 Russia: Probiotic Ingredients Market, by Application

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

9.1.1.6.1 Rest of Europe: Probiotic Ingredients Market, By Type

9.1.1.6.2 Rest of Europe: 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.             Europe Probiotic Ingredients Market –Revenue and Forecast to 2028 (US$ Million)

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

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

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

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

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

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

Table 8.             Italy Probiotic Ingredients Market, By Type – Revenue and Forecast to 2028 (US$ Million)

Table 9.             Italy Probiotic Ingredients Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 10.          Russia Probiotic Ingredients Market, By Type – Revenue and Forecast to 2028 (US$ Million)

Table 11.          Russia Probiotic Ingredients Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 12.          Rest of Europe Probiotic Ingredients Market, By Type – Revenue and Forecast to 2028 (US$ Million)

Table 13.          Rest of Europe Probiotic Ingredients Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 14.          List of Abbreviation

The List of Companies - Europe 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 Europe 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 Europe 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 Europe market trends and outlook coupled with the factors driving the Europe 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

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