The Vegan Probiotics Market is experiencing significant growth as more consumers opt for plant-based diets and search for natural solutions for gut health. With increased understanding of the importance of probiotics in maintaining intestinal balance, vegan options are growing in popularity. It is projected that this trend will spur market expansion and expand the options available to health-conscious consumers.
According to a recent research report by Future Market Insights, the global vegan probiotics market is estimated to reach a valuation of US$ 11.8 Bn by 2032. The market is projected to reach US$ 5.1 Bn by the end of 2022 and exhibit growth at a CAGR of 8.8% in the forecast period from 2022 to 2032.
As the world embraces plant-based diets and a heightened awareness of the importance of gut health, the vegan probiotics market is experiencing remarkable growth. Projected to achieve a valuation of US$ 11.8 Bn by 2032, this market is becoming a focal point for health-conscious consumers seeking natural solutions.
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Probiotics, or friendly bacteria, play a crucial role in maintaining intestinal balance, aiding in digestion, and supporting the immune system. As consumers increasingly prioritize plant-based alternatives, traditional dairy sources of probiotics are being complemented by vegan options. The market’s growth is attributed to the rising demand for organic and vegan probiotics with enhanced efficiency, driven by a surge in antibiotic consumption.
For those looking to delve deeper into the plant-based revolution of gut health, vegan probiotics offer diverse sources such as kombucha, soy milk, coconut kefir, coconut yogurt, miso, sour pickles, olives, sauerkraut, supplements, and more. Manufacturers are striving to address the side effects associated with antibiotics, fostering the development of high-quality vegan probiotics.
Explore the rich potential of gut health with vegan probiotics, catering to various end uses, including food & beverages, nutrition industry, healthcare, fitness, and more. The market outlook covers diverse sources, sales channels, and product types, making it a comprehensive guide for those venturing into the flourishing world of vegan probiotics.
Friendly bacteria, also referred to as probiotics, are beneficial bacteria that live in the intestines. Their goal is to keep the immunological and digestive systems healthy. In treating their irritable bowel syndrome (IBS), patients have found the product to be of great assistance. These can also be used to treat diarrhoea. Not much research has been done on them, although they might help with eczema and other skin conditions.
Traditionally, dairy products like yogurt, cheese, and milk have been the most common sources of probiotics. Lactose-intolerant people and those who do not eat dairy products, on the other hand, dislike them. The greatest non-dairy choices available in various sales channels like hypermarkets/supermarkets and online channels are vegan or plant-based probiotics, including kombucha, coconut kefir, coconut yogurt, miso, sour pickles, and olives.
Key Takeaways:
- The global vegan probiotics market is poised to reach a valuation of US$ 11.8 Bn by 2032.
- A substantial growth projection places the market at US$ 5.1 Bn by the end of 2022, with a notable CAGR of 8.8% from 2022 to 2032.
- North America is expected to dominate the market, contributing nearly 38% in the forecast period.
- The U.S. is set to hold approximately 65% of the vegan probiotics market share in North America by 2032.
- Europe and Asia Pacific regions are also significant players, with Germany holding 22% of the share in Europe, and China contributing 32% of the vegan probiotics market share in Asia Pacific.
“Leading companies are striving to reduce the side effects of their in-house products owing to the rising consumption of antibiotics, which is likely to push the development of organic and vegan probiotics with rising efficiency. Apart from that, growing geriatric population who is more prone to risks associated with chronic diseases such as diabetes, cancer, and strokes, is likely to aid growth,” says a lead analyst at Future Market Insights.
Competitive Landscape: Vegan Probiotics Market
The global vegan probiotics market is highly competitive in nature. Industry giants such as Beyond Meat, Impossible Foods, and Oatly are witnessing a spike in terms of demand for plant-based food alternatives as they partner up with eateries and huge corporations.
Some of the leading companies offering vegan probiotics products are Naturelo, Yakult, Lallemand Inc., DSM, PlantFusion, LoveBug Probiotics, Custom Probiotics Inc., Wellbeing Nutrition., and Nature Made.
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Vegan Probiotics Market Outlook by Category
By Source:
- Bacteria
- Yeast
By Sales Channel:
- Modern Trade
- Franchised Outlets
- Specialty Store
- Online Channel
By End Use:
- Food & Beverages
- Nutrition Industry
- Health Care
- Fitness
- Other
By Product Type:
- Kombucha
- Soy Milk
- Coconut Kefir
- Coconut Yogurt
- Miso
- Sour Pickles
- Olives
- Sauerkraut
- Supplements
- Others
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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