The probiotic yeast market size was valued at $294.0 million in 2020, and is estimated to reach $948.4 million by 2030, registering a CAGR of 11.8% from 2021 to 2030.
Probiotics are living microorganisms that medically benefit the health of the host. Although most probiotics are bacteria, the yeast strain Saccharomyces boulardii has been proven to be an effective probiotic in double-blind clinical studies. Due to the natural resistance of yeast to antibacterial antibiotics, probiotic yeast is considered to be more effective than probiotics. In animal feed, the use of probiotic yeast has shown a positive health effect by increasing fiber digestibility and stimulating animal performance, which increases the production yield of meat, milk and eggs. According to Central Food Technology Research Institute of Mysore (CFTRI), probiotic yeasts based food is used to decrease the toxic intensity of deadly fungi that have become resistant to widely used antifungal drugs.
Probiotics yeast are gaining significant traction in the pharmaceutical and food and beverages industry as probiotics yeast, particularly saccharomyces boulardii based probiotic fight against diarrhea and reduce the duration of diarrhea in infants and children. It is viable medicinal ingredient that when introduced in sufficient quantities, beneficially affect human organism through their effects in the intestinal tract.
Growing urbanized population, increasing spending on the health related products and growing diarrhea and blood pressure linked diseases are majorly driving the growth of the probiotic yeast market.
Furthermore, the demand of probiotic yeast functional food is growing rapidly due to increased awareness among consumers about the positive impact of probiotic yeast based food on the health. Increasing use of probiotic yeast especially saccharomyces boulardii in functional food and dietary supplement has been majorly contributing to the growth of the probiotic yeast market during the forecast period. With the increasing demand of probiotic yeast products, companies are investing huge in R&D centers for the treatment and prevention of gastrointestinal diseases.
People are heavily demanding super premium and luxuries food items such as functional food and dietary supplement for human and pet consumption which likely to garner the growth of the probiotic yeast market during the forecast period.
Moreover, lack awareness among consumer about health benefits of probiotic yeast and availability of healthier substitutes are likely to restrain the growth of the probiotic yeast market.
Changes in lifestyle and food habits are likely to be a lucrative opportunities for probiotic yeast manufacturing companies. Consumer spending on probiotic yeast based luxury food items is growing rapidly, and fast food, bakery products, ice creams, and other such lifestyle food products are witnessing increased popularity. The probiotic yeast market is a niche market, which creates opportunities for small- & mid-sized companies to invest in this market. As the diversified players that dominate the food industry have limited presence, stakeholders are planning to invest and expand their business by innovating new products. Furthermore, rapid expansion of the retail sector is likely to offer opportunities for probiotic yeast based food product manufacturing companies to conveniently distribute their product to consumers.
With the outbreak of the COVID-19, market demand has increased for immune system enhancement products should stimulate the use of probiotics and have a positive impact on the market. Corona virus simultaneously infects humans and certain types of bacteria in the human microbiome. All major treatment options for COVID-19 include drugs with antibacterial properties. The antibacterial effect of the drugs used ensures the elimination or inhibition of BB animalis ssp.lactis bacteria in human hosts also provide potential for probiotic applications.
According to the probiotic yeast market analysis, the probiotic yeast market segmented into form application, sales channel and region. On the basis of form, the market is categorized into powder and capsules.
By application, it is segregated into nutrition and supplement, food and beverages and animal feed. Depending on sales channel, it is bifurcated into online and offline. Region wise, it is analyzed across North America (the U.S., Canada, and Mexico), Europe (Germany, France, UK, Italy, Spain, Russia, Netherlands and Rest of Europe), Asia-Pacific (China, Japan, Australia, India, South Korea and Rest of Asia-Pacific), and LAMEA (Brazil, Argentina, Saudi Arabia, South Africa and Rest of LAMEA).
On the basis of form, the powder segment was valued at $236.8 million in 2020, and is expected to reach $752.4 million by 2030 at a CAGR of 11.7%. Two forms of probiotic yeast are available for consumption as it is easy to consume it as a capsules and in the powder form can be a better way to consume through the supplement in case of children. The growing popularity of probiotic yeast supplements and functional food that are available for humans as well as some animals is affecting the growth probiotic yeast market through powder segment.
By Form
Powder segment helds the major share of 80.5% in 2020
On the basis of application, the nutrition and supplement segment accounted for the around one-third half of the global probiotic yeast market share in 2020, and is expected to sustain its share throughout probiotic yeast market forecast period. Probiotic yeast based nutrition and supplement products are primarily offered to children and adults, although probiotics have many health benefits for people of all ages, there is a difference between probiotics for children and probiotics for adults. The first difference is the type of bacterial strain used in the supplement. Another difference between probiotics for children and adults is the strength and dosage of the supplement. Although children's probiotic supplements are moderate, the dosage is usually one scoop (or tablet) per day, but adult probiotic supplements are more effective, and the dosage is usually two tablets per day. Finally, infant probiotics usually come in the form of liquids, measuring spoons, chewable tablets, or powders that can be mixed with food. Since children often try these supplements, liquid/powder/chewable probiotics often contain unwanted food. Ingredients such as artificial sweeteners make them more attractive to children. For adults, dietary supplements are usually provided in the form of probiotic capsules or tablets.
By Application
Nutrition and Supplement segment helds the major share of 73.5% in 2020
By sales channel, the offline segment was valued at $ 235.9 million in 2020, and is expected to reach $ 670.1 million by 2030, with a CAGR of 10.4%. This is majorly attributed to the growing demand of probiotic yeast from the various end use industries including nutrition and supplement industries and animal feed industries where considerable amount of probiotic yeast is getting demanded. Furthermore, increasing consumption of the probiotic yeast through functional food in the households is expected to drive probiotic yeast market growth through various offline sales channels such as retail stores, supermarket, hypermarkets, pharmacy, and specialty stores.
By Sales Channel
Offline segment helds the major share of 80.2% in 2020
North America nutraceuticals and pharmaceutical industries is driven by increased product development and innovation, which is projected to generate the more demand for probiotic yeast during the forecast period. Increased investment in R&D of stronger probiotic yeast strains that can provide more nutritional benefits is driving market growth in this region. The growing demand for nutritional supplements that strengthen the immune system and support a balanced lifestyle is expected to drive the market growth in the next few years. Increasing attention to digestive and gut health supports the growth of the European market. Multiple benefits increase the demand for probiotics and prebiotic supplements. The region is driving demand for animal feed containing probiotics to increase milk production and animal productivity. The middle-class population continues to grow, and consumption trends are also developing. The growing demand for nutritional supplements by the elderly, pregnant women and children has promoted the development of the nutrition and health industry. In terms of the healthier functions of probiotic yeast, thus probiotic yeast market is expected to grow in the next few years.
By Region
North America region helds the major share of 37.8 % in 2020
The players operating in the global probiotic yeast market have adopted various developmental strategies to expand their market share, increase profitability, and remain competitive in the market. The key players profiled in this report include Alltech, AngelYeast Co., Ltd., Bronson, Chr. Hansen Holdings A/S , Florastor, Jarrow Formulas, Lallemand Inc., Life-Space, Now Foods and Seeking Health .
Key Benefits For Stakeholders
- The report provides a quantitative analysis of the current probiotic yeast market trends, estimations, and dynamics of the market size from 2020 to 2030 to identify the prevailing opportunities.
- Porter’s five forces analysis highlights the potency of buyers and suppliers to enable stakeholders to make profit-oriented business decisions and strengthen their supplier–buyer network.
- In-depth analysis and the market size and segmentation assist to determine the prevailing Probiotic yeast market opportunities.
- The major countries in each region are mapped according to their revenue contribution to the market.
- The market player positioning segment facilitates benchmarking and provides a clear understanding of the present position of the market players in the probiotic yeast industry.
Key Market Segments
By Form
- Powder
- Capsules
By application
- Nutrition and Supplement
- Food and Beverages
- Animal feed
- Sales Channel
- Online
- Offline
By Region
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- France
- UK
- Italy
- Spain
- Russia
- Netherlands
- Rest of Europe
- Asia-Pacific
- China
- Japan
- Australia
- India
- South Korea
- Rest of Asia-Pacific
- LAMEA
- Brazil
- Argentina
- Saudi Arabia
- South Africa
- Rest of LAMEA
Probiotic Yeast Market Report Highlights
| Aspects | Details |
 By APPLICATION |
|
 By SALES CHANNEL |
|
 By Region |
|
 Key Market Players | Now Foods, Florastor®, Angel Yeast Co Ltd, LIFE-SPACE, Jarrow Formulas, Inc, Seeking Health, Chr. Hansen A/S, Lallemand, Bronson, ALLTECH |
Analyst Review
Growing consumer awareness about digestive health has forced manufacturers to research organisms that offer digestive benefits. The increasing use of probiotic yeast in dietary supplements is increasing demand in the food industry. Expanded knowledge of the gut microbiota and its role in improving immunity and overall health is likely to garner the growth of the global probiotic yeast market.
Another major driver of global demand for products based on probiotic yeast is the increase of investment by major market players in R&D to develop profitable strains of bacteria. The delivery system used to deliver probiotics to the human body has been improved. They are designed to be compatible with these delivery systems so that more probiotics can reach body parts such as the intestines, thereby increasing their effectiveness. The companies have developed and defined some unique strains for specific applications. These strains meet the different requirements of different diseases. Lactobacillus fermentum VRI003 PCC and Lactobacillus rhamnosus HN001 strains are used to treat eczema. Lactobacillus acidophilus, Lactobacillus reuteri RC14 and Lactobacillus rhamnosus GR1 can effectively treat vaginal infections. Addition to that, probiotic yeast to food supplements and animal feed will shorten their shelf life. The uncontrolled growth of these yeast strains can also alter the sensory parameters of food supplements and reduce their palatability.
However, increasing research and innovation to develop advanced packaging solutions to improve the shelf life of additives is expected to alleviate the difficulties for manufacturers.
Key players in the market have adopted product launch, continuous innovation, and acquisition as their key developmental strategies to cater to the rising demands for probiotic supplements. Driven by increased product development and innovation in the nutraceutical and pharmaceutical industries, North America is expected to experience strong growth. The increasing awareness of digestive and intestinal health has supported the growth of the European market. The class population is increasing, and consumption trends are also developing. The growing demand for nutritional supplements by the elderly, pregnant women and children has promoted the development of the nutrition and health products industry. Increasing R&D to explore the healthier functions of probiotic yeast is expected to drive market growth in the next few years.
The probiotic yeast market size was valued at $294.0 million in 2020.
The forecast period in the Probiotic Yeast market report is 2021-2030.
The base year calculated in the Probiotic Yeast market report is 2020.
Companies selected on the basis of market share, global presence and product portfolio.
Alltech, AngelYeast Co., Ltd., Bronson, Chr. Hansen Holdings A/S , Florastor and Jarrow Formulas are some of the leading market players active in the probiotic yeast market.
Growing demand for super premium nutritional and functional food for human and animal consumption will influence the market in the next few years
Growing health concerns, low awareness level among consumers about effectiveness of probiotic yeast products and changes in lifestyle and food habits are some of the driving factors, restraints, and opportunities in the market respectively.
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