The global synbiotic products market is set to witness growth at a CAGR of 7.5% over the forecast period, reaching US$ 598 Million by 2032.
The growth and survival of gut bacteria that reside in the intestine and colon of the gastrointestinal tract are promoted by the synergistic combination of prebiotics and probiotics known as synbiotics.
Probiotics experience difficulties in the gut, which led to the development of synbiotics. Therefore, as compared to the effect of any component alone, a product containing a suitable combination of both prebiotics and probiotic components should have a good effect.
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They are offered as food and a dietary supplement for weight loss, improved mental, digestive, and heart health, immunological function, inflammation, and reduced risk of cardiovascular illnesses.
They are also used to treat hepatic disorders and enhance the absorption of nutrients including calcium, phosphorus, and magnesium. They are increasingly being utilized in aquaculture to boost fish production by boosting the immune system. Furthermore, the fortification of dairy products and foods with synbiotics has increased to provide nutritional and health benefits. This, in turn, is expected to propel the synbiotic products market.
“Increasing sales of functional foods and beverages, along with growing adoption of probiotic-based products across emerging economies is expected to augment the growth in the market over the assessment period,” says an FMI analyst.
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Key Takeaways:
- Based on product type, the functional food & beverages segment is anticipated to account for around 46.7% of the total market share over the forecast period.
- Sales of symbiotic products through supermarkets and hypermarkets will gain traction.
- The North America Synbiotic Product market is expected to witness a lucrative growth rate of 6.9% during the forecast period.
- East Asia is expected to account for 16.8% of the global synbiotic product consumption through 2032.
Competitive Landscape
Key players operating in the global synbiotic product market are focusing on launching innovative products to meet the growing demand for dietary supplements.
Some of the prominent players of the global synbiotic product market include Daflorn Ltd., DANONE; Sabinsa Corporation, Yakult S/A, Probiotical S.p.A., United Naturals, Synbiotics Corporation (Pfizer), Synbiotic Health, Inc., NUtech Ventures, and Asmara (NU3x).
Explore More Valuable Insights
Future Market Insights, in its new report, offers an impartial analysis of the global Synbiotic Product market, presenting historical data (2017-2021) and estimation statistics for the forecast period of 2022-2032.
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Synbiotic Products Market By Category
By Product Type:
- Functional Food & Beverages
- Dietary Supplements
- Others
By Form:
- Powder
- Liquid
- Capsule
- Others
By Distribution Channel:
- Supermarkets/Hypermarkets
- Convenience Stores
- Online Stores
- Others
By Region:
- North America
- Latin America
- Europe
- East Asia
- South Asia
- Oceania
- The Middle East and Africa
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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