The Europe Probiotics Market would witness market growth of 6.9% CAGR during the forecast period (2023-2030).
The probiotics market has emerged as a dynamic and rapidly evolving sector within the broader health and wellness landscape. Characterized by using live microorganisms with potential health benefits, probiotics have garnered widespread attention for their positive impact on gut health, immune function, and overall well-being. Probiotics, encompassing a spectrum of beneficial bacteria and yeast strains, have become a staple in pursuing microbial balance within the human body.
In addition, the adoption of probiotics extends across various demographic segments, from health enthusiasts and fitness aficionados to individuals seeking solutions for specific health concerns. Notably, the awareness of the symbiotic relationship between gut health and the body's overall immune system has contributed significantly to the widespread acceptance of probiotics.
Europe has a significant aging population, and older individuals often seek dietary supplements to address specific health concerns. Probiotics, with their potential benefits for digestive health, may appeal to this demographic seeking solutions for age-related health issues. The dietary supplements industry has witnessed ongoing innovation in formulation and delivery methods. Therefore, a rising food and beverage processing and dietary supplements sectors in Europe will pose lucrative growth prospects for the regional probiotics market.
The Germany market dominated the Europe Probiotics Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $7,240.9 million by 2030. The UK market is exhibiting a CAGR of 6% during (2023 - 2030). Additionally, The France market would experience a CAGR of 7.7% during (2023 - 2030).
Free Valuable Insights: The Global Probiotics Market will Hit USD 122.5 Billion by 2030, at a CAGR of 7.1%
Based on Ingredient, the market is segmented into Bacteria, and Yeast. Based on Product, the market is segmented into Probiotic Food & Beverages (Dairy Products, Non-Dairy, Cereals, Baked Food, Fermented Meat, Others), Probiotic Dietary Supplements, and Animal Feed. Based on End-use, the market is segmented into Human, and Animal. Based on Distribution Channel, the market is segmented into Hypermarkets / Supermarkets, Specialty Stores, Pharmacies / Drugstores, Online Stores, and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
By Ingredient
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