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)

Code: BMIRE00026140 | Pages: 140 | Industry: Food and Beverages | Date: Sep 2022 | Type: Regional

The North America probiotic ingredients market is expected to grow from US$ 1,090.05 million in 2022 to   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 Revenue and Forecast to 2028 (US$ Million) 

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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.

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

 

 

LIST OF FIGURES

Figure 1.           North America Probiotic Ingredients Market Segmentation

Figure 2.           North America Probiotic Ingredients Market Segmentation – By Country

Figure 3.           North America Probiotic Ingredients Market Overview

Figure 4.           North America Probiotic Ingredients Market: By Type

Figure 5.           North America Probiotic Ingredients Market: By Country

Figure 6.           North America Porter's Five Forces Analysis: Probiotic Ingredients Market

Figure 7.           North America Expert Opinion

Figure 8.           North America Ecosystem: Probiotic Ingredients Market

Figure 9.           North America Probiotic Ingredients Market Impact Analysis of Drivers and Restraints

Figure 10.        North America: Probiotic Ingredients Market – Revenue and Forecast to 2028 (US$ Million)

Figure 11.        North America Probiotic Ingredients Market Revenue Share, By Type (2021 and 2028)

Figure 12.        North America Lactobacillus: Probiotic Ingredients Market – Revenue and Forecast To 2028 (US$ Mn)

Figure 13.        North America Bifidobacterium: Probiotic Ingredients Market – Revenue and Forecast To 2028 (US$ Mn)

Figure 14.        North America Others: Probiotic Ingredients Market – Revenue and Forecast To 2028 (US$ Mn)

Figure 15.        North America Probiotic Ingredients Market Revenue Share, By Application (2021 and 2028)

Figure 16.        North America Functional Food & Beverages: Probiotic Ingredients Market– Revenue and Forecast To 2028 (US$ Mn)

Figure 17.        North America Pharmaceuticals & Nutraceuticals: Probiotic Ingredients Market– Revenue and Forecast To 2028 (US$ Mn)

Figure 18.        North America Animal Feed: Probiotic Ingredients Market– Revenue and Forecast To 2028 (US$ Mn)

Figure 19.        North America Others: Probiotic Ingredients Market– Revenue and Forecast To 2028 (US$ Mn)

Figure 20.        North America: Probiotic Ingredients Market, by Key Country – Revenue (2021) (US$ Million)

Figure 21.        North America: Probiotic Ingredients Market Revenue Share, by Key Country (2021 and 2028)

Figure 22.        US: Probiotic Ingredients Market – Revenue and Forecast to 2028 (US$ Million)

Figure 23.        Canada: Probiotic Ingredients Market – Revenue and Forecast to 2028 (US$ Million)

Figure 24.        Mexico: Probiotic Ingredients Market – Revenue and Forecast to 2028 (US$ Million)

  1. ADM
  2. Novozymes A/S
  3. Chr. Hansen Holding A/S
  4. Kerry Group plc
  5. Lallemand Inc
  6. IFF Nutrition & Biosciences
  7. AngelYeast Co., Ltd
  8. Probiotical S.p.A
  9. Adisseo
  10. Probi
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