Market Forecast by Countries (Germany, United Kingdom, France, Italy, Russia, Spain, Rest of Europe), By Ingredient (Bacteria , Yeast), By Product Type (Functional Food & Beverages, Dietary Supplements, Feed), By End User (Human , Animal) And Competitive Landscape
Product Code: ETC4611993 | Publication Date: Jul 2023 | Updated Date: Nov 2023 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 200 | No. of Figures: 90 | No. of Tables: 300 | |
Report Name | Europe Probiotics Market |
Base Year | 2022 |
Historical Period | 2019-2022 |
Forecast Period | 2023-2029 |
Growth Rate (CAGR) | 3.55% |
Report Coverage | Revenues & Volume, Market Trends, Drivers & Challenges, Market Forecast, Market Share |
Segment Coverage | By Countries, By Ingredient, By Product Type, By End User |
Customization Scope | 100% customized reports available along with reliable data. Moreover, you can alter the segments, countries, and regions according to your needs. For further details, you can contact our research expert at sales@6wresearch.com |
Pricing and Purchase Options | Avail customization purchase option to know the exact pricing of your research needs |
Europe Probiotics Market report thoroughly covers the market by countries, by ingredient, by product type, and by end-user. The market outlook report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Europe Probiotics Market is experiencing steady growth, proliferated by increasing awareness of the importance of gut health and the potential benefits of probiotic consumption. Generally, probiotics are live microorganisms that provide health benefits when consumed in adequate amounts. They have gained popularity among consumers seeking to improve their digestive health. This increased awareness has deciphered into a rising demand for probiotic-rich foods and supplements. One of the key drivers of the probiotics market of Europe is the growing focus on preventive healthcare and wellness. Consumers are gradually distinguishing the link between a healthy gut microbiome and various aspects of health, including immune system function and even weight management. The food and beverage industry in Europe has responded to this trend by introducing a wide range of probiotic-infused products, such as yogurt, fermented foods, and even probiotic-fortified snacks and beverages. Regulatory support and scientific research have also played a crucial role in the Europe Probiotics Market Growth. Health claims related to probiotics have been authorized by European regulatory bodies, providing consumers with confidence in the products' efficacy and safety.
According to 6Wresearch, the Europe Probiotics Market is valued at USD 13.42 Billion and grow at a CAGR of 3.55% during the forecast period 2023-2029. One of the major drivers is the increasing consumer awareness regarding the health benefits associated with probiotics. As people become more health-conscious and seek natural solutions to support their well-being, the demand for probiotic-rich products has surged in recent years. Furthermore, a growing body of scientific research has highlighted the potential benefits of probiotics in improving digestive health, boosting the immune system, and even influencing mental well-being. In addition to consumer awareness, the presence of a well-established food and beverage industry in Europe has played a crucial role in the growth of the probiotics market. Many food and beverage companies have incorporated probiotics into their product lines, offering a wide range of options to consumers. However, regulatory landscape of the market poses a major challenge to the market growth. In addition to this, European Union regulations regarding health claims and labeling of probiotic products are stringent, requiring robust scientific evidence to support any health-related claims. This can pose a major barrier for smaller companies trying to navigate the complex regulatory framework. Additionally, the competition within the market is fierce, with both established players and new entrants vying for market share. This can lead to price wars on profit margins, particularly for companies without a distinct competitive advantage. Apart from this, there are several notable trends shaping the Europe probiotics market. Personalized nutrition is gaining traction, and this trend extends to probiotics as consumers seek tailored solutions for their specific health needs.
The COVID-19 pandemic had adversely impacted the Europe Probiotics Market size in both positive and negative ways. The global pandemic led to increased awareness of health and wellness, including maintaining a strong immune system and overall health. Probiotics are known for their potential health benefits and consumers looked for ways to boost their immunity especially during the COVID-19 phase. The probiotics market of Europe faced disruptions in supply chains due to lockdowns and restrictions. This affected the production and distribution of probiotic products. The demand for functional foods and beverages containing probiotics experienced a rapid surge in demand as people sought products that could provide health benefits.
Some of the prominent players in the Europe probiotics industry includes several local and international companies vying for market share. For example;
European countries often have regulations and policies related to the food and supplement industry, which includes probiotics. The European Food Safety Authority (EFSA) played a pivotal role in evaluating health claims related to probiotics and their benefits. Companies selling probiotics had to comply with these regulations and provide scientific evidence for their health claims. Additionally, some countries have specific initiatives to promote healthier diets and nutrition, which indirectly impact the Europe Probiotics Market share. These policies generally include guidelines for incorporating probiotics into dietary recommendations.
According to Shivankar, Research Manager, 6Wresearch, Germany has a well-established probiotics market, with a strong focus on digestive health products. The UK probiotics market is also growing steadily, driven by increasing consumer awareness of gut health and immunity.
By product type, the Functional Food & Beverages segment is witnessing robust growth as consumers increasingly prefer convenient and tasty options for incorporating probiotics into their daily diets.
By end-user, the animal segment is growing as livestock and pet owners recognize the benefits of probiotics in promoting animal health. Probiotic use in animal feed is expected to grow as regulations and consumer demand for sustainable and healthy animal products has increased over the years.
The report offers a comprehensive study of the subsequent market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Europe Probiotics Market Overview |
3.1 Europe Regional Macro Economic Indicators |
3.2 Europe Probiotics Market Revenues & Volume, 2019 & 2029F |
3.3 Europe Probiotics Market - Industry Life Cycle |
3.4 Europe Probiotics Market - Porter's Five Forces |
3.5 Europe Probiotics Market Revenues & Volume Share, By Countries, 2022 & 2029F |
3.6 Europe Probiotics Market Revenues & Volume Share, By Ingredient, 2022 & 2029F |
3.7 Europe Probiotics Market Revenues & Volume Share, By Product Type, 2022 & 2029F |
3.8 Europe Probiotics Market Revenues & Volume Share, By End User, 2022 & 2029F |
4 Europe Probiotics Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Europe Probiotics Market Trends |
6 Europe Probiotics Market, 2019 - 2029 |
6.1 Europe Probiotics Market, Revenues & Volume, By Ingredient, 2019 - 2029 |
6.2 Europe Probiotics Market, Revenues & Volume, By Product Type, 2019 - 2029 |
6.3 Europe Probiotics Market, Revenues & Volume, By End User, 2019 - 2029 |
7 Germany Probiotics Market, 2019 - 2029 |
7.1 Germany Probiotics Market, Revenues & Volume, By Ingredient, 2019 - 2029 |
7.2 Germany Probiotics Market, Revenues & Volume, By Product Type, 2019 - 2029 |
7.3 Germany Probiotics Market, Revenues & Volume, By End User, 2019 - 2029 |
8 United Kingdom Probiotics Market, 2019 - 2029 |
8.1 United Kingdom Probiotics Market, Revenues & Volume, By Ingredient, 2019 - 2029 |
8.2 United Kingdom Probiotics Market, Revenues & Volume, By Product Type, 2019 - 2029 |
8.3 United Kingdom Probiotics Market, Revenues & Volume, By End User, 2019 - 2029 |
9 France Probiotics Market, 2019 - 2029 |
9.1 France Probiotics Market, Revenues & Volume, By Ingredient, 2019 - 2029 |
9.2 France Probiotics Market, Revenues & Volume, By Product Type, 2019 - 2029 |
9.3 France Probiotics Market, Revenues & Volume, By End User, 2019 - 2029 |
10 Italy Probiotics Market, 2019 - 2029 |
10.1 Italy Probiotics Market, Revenues & Volume, By Ingredient, 2019 - 2029 |
10.2 Italy Probiotics Market, Revenues & Volume, By Product Type, 2019 - 2029 |
10.3 Italy Probiotics Market, Revenues & Volume, By End User, 2019 - 2029 |
11 Russia Probiotics Market, 2019 - 2029 |
11.1 Russia Probiotics Market, Revenues & Volume, By Ingredient, 2019 - 2029 |
11.2 Russia Probiotics Market, Revenues & Volume, By Product Type, 2019 - 2029 |
11.3 Russia Probiotics Market, Revenues & Volume, By End User, 2019 - 2029 |
12 Spain Probiotics Market, 2019 - 2029 |
12.1 Spain Probiotics Market, Revenues & Volume, By Ingredient, 2019 - 2029 |
12.2 Spain Probiotics Market, Revenues & Volume, By Product Type, 2019 - 2029 |
12.3 Spain Probiotics Market, Revenues & Volume, By End User, 2019 - 2029 |
13 Rest of Europe Probiotics Market, 2019 - 2029 |
13.1 Rest of Europe Probiotics Market, Revenues & Volume, By Ingredient, 2019 - 2029 |
13.2 Rest of Europe Probiotics Market, Revenues & Volume, By Product Type, 2019 - 2029 |
13.3 Rest of Europe Probiotics Market, Revenues & Volume, By End User, 2019 - 2029 |
14 Europe Probiotics Market Key Performance Indicators |
15 Europe Probiotics Market - Opportunity Assessment |
15.1 Europe Probiotics Market Opportunity Assessment, By Countries, 2022 & 2029F |
15.2 Europe Probiotics Market Opportunity Assessment, By Ingredient, 2022 & 2029F |
15.3 Europe Probiotics Market Opportunity Assessment, By Product Type, 2022 & 2029F |
15.4 Europe Probiotics Market Opportunity Assessment, By End User, 2022 & 2029F |
16 Europe Probiotics Market - Competitive Landscape |
16.1 Europe Probiotics Market Revenue Share, By Companies, 2022 |
16.2 Europe Probiotics Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Company Profiles |
18 Recommendations |
19 Disclaimer |