North America Probiotic Ingredients Market Forecast to 2028

Report Code : BMIRE00026140 | Region : North America | Industry : Food and Beverages | Published Date : 20/Sep/2022
North 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 Feeds, and Others)

The North America probiotic ingredients market is expected to grow from US$ 1,090.05 million in 2022 to US$ 1,723.00 by 2028; it is estimated to grow at a CAGR of 7.9% from 2022 to 2028.

Manufacturers are fortifying food and beverages by adding nutritional additives, such as probiotics, fibers, vitamins, and minerals, to their product offerings. The major motive for incorporating additives in the food & beverages industry is to increase the health benefits of food products. Promising health benefits of probiotic-fortified food and rising participation of international bodies in the R&D approvals of probiotics are among the major factors influencing the North America probiotic ingredients market. Functional ingredients such as probiotics are used in yogurt to improve the quality of intestinal microflora. Such a trend is expected to fuel the market growth during the forecast period. Probiotic-fortified food includes yogurt, bars, snacks, and infant formulas. Probiotic drinks are functional beverages that can help improve gut health by balancing the intestine, thereby raising immunity. Consumers are becoming more health-conscious and focusing on their lifestyles and diets, resulting in a boom in demand for probiotic-fortified food & beverages in North America. Food manufacturers are developing various new products with instructions and pictures to fulfill consumer demand in response to the current healthy eating trend.

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

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

North America Probiotic Ingredients Market Segmentation

The North 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 dominated the North America probiotic ingredients market in 2022. Based on application, the North America probiotic ingredients market is categorized into functional food & beverages, pharmaceuticals & nutraceuticals, animal feed, and others. The functional food & beverages segment dominated the North America probiotic ingredients market in 2022. Based on country, the North America probiotic ingredients market is segmented into the US, Canada, and Mexico. The US would dominate the North America probiotic ingredients market in 2022.

Key players operating in the North 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 - North 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. North America 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. North America 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 – North America Market Analysis

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

7. North America Probiotic Ingredients Market Analysis – By Type

7.1 Overview

7.2 North America 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. North America Probiotic Ingredients Market Analysis – By Application

8.1 Overview

8.2 North America 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. North America Probiotic Ingredients Market – By Country Analysis

9.1 North America: Probiotic Ingredients Market

9.1.1 North America: Probiotic Ingredients Market, by Key Country

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

9.1.1.1.1 US: Probiotic Ingredients Market, By Type

9.1.1.1.2 US: Probiotic Ingredients Market, by Application

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

9.1.1.2.1 Canada: Probiotic Ingredients Market, By Type

9.1.1.2.2 Canada: Probiotic Ingredients Market, by Application

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

9.1.1.3.1 Mexico: Probiotic Ingredients Market, By Type

9.1.1.3.2 Mexico: 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.             North America Probiotic Ingredients Market –Revenue and Forecast to 2028 (US$ Million)

Table 2.             North America Probiotic Ingredients Market, by Type– Revenue and Forecast to 2028 (US$ Million)

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

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

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

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

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

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

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

Table 10.          List of Abbreviation

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

CHOOSE LICENCE TYPE
(North 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
TOP
Quick Enquiry