info@marketresearchfuture.com   📞  +1 (855) 661-4441(US)   📞  +44 1720 412 167(UK)
Certified Global Research Member
Isomar fd.webp Wcrc 57.webp
Key Questions Answered
  • Global Market Outlook
  • In-depth analysis of global and regional trends
  • Analyze and identify the major players in the market, their market share, key developments, etc.
  • To understand the capability of the major players based on products offered, financials, and strategies.
  • Identify disrupting products, companies, and trends.
  • To identify opportunities in the market.
  • Analyze the key challenges in the market.
  • Analyze the regional penetration of players, products, and services in the market.
  • Comparison of major players financial performance.
  • Evaluate strategies adopted by major players.
  • Recommendations
Why Choose Market Research Future?
  • Vigorous research methodologies for specific market.
  • Knowledge partners across the globe
  • Large network of partner consultants.
  • Ever-increasing/ Escalating data base with quarterly monitoring of various markets
  • Trusted by fortune 500 companies/startups/ universities/organizations
  • Large database of 5000+ markets reports.
  • Effective and prompt pre- and post-sales support.

Asia Pacific Probiotics Market Research Report Information By Type (Probiotic Foods (Yogurt, Bakery/Breakfast Cereals, Baby Food and Infant Formula, and Other Probiotic Foods), Probiotic Drinks (Fruit-based Probiotic Drinks and Dairy-based Probiotic Drinks), and Dietary Supplements), By Distribution Channel (Supermarkets/Hypermarkets, Convenience Stores, Pharmacies and Drug Stores, Online Retail Stores, and Other Distribution Channels) –and Asia Pacific Market Forecast Till 2032


ID: MRFR/F-B & N/20046-HCR | 128 Pages | Author: Pradeep Nandi| July 2024

Asia Pacific Probiotics Market Overview


Asia Pacific Probiotics Market Size was valued at USD 32.8 Billion in 2022. The Probiotics market industry is projected to grow from USD 37.26 Billion in 2023 to USD 103.34 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 13.60% during the forecast period (2024 - 2032). The growing need for small and effective packaging solutions is one of the major market drivers of the probiotics market in Asia Pacific.


Asia Pacific Probiotics Market Overview


 


Source: Secondary Research, Primary Research, MRFR Database and Analyst Review


Asia Pacific Probiotics Market Trends


Raising awareness of health is driving the market growth


Probiotics are becoming increasingly popular among customers of all ages and are a major component of the booming industry for digestive health supplements in the Asia Pacific. The bulk of consumption is seen among millennials because of their heightened knowledge of health and wellness as a result of multi-channel PR campaigns, which have a substantial impact on their consumption habits. Customers in the area are more concerned about preserving their gut flora and gut health due to the rise in health concerns and the early onset of stomach and gut-related issues. Since probiotics are the ideal way to treat or avoid these undesirable conditions, there is a sharp rise in demand for these foods and beverages, driving the market CAGR.


Furthermore, there is a growing need for functional beverages in the region to suit the needs of customers who are shifting from thirst-quenching to more than just quenching their thirst. These expectations must be met in addition to naturally sourced, well-balanced, and nutritious meals. Brands and start-ups now have a new chance to offer goods that nourish in addition to refreshing and hydrating, thanks to the growing demand for healthy, enhanced drinks. For example, a recent Indian start-up company named Ginger Rage sells probiotic goods like Kombucha, which is marketed as being calorie-efficient, a cocktail mixer, gut-friendly, and immune-boosting. Along with other social media channels, the company's online retail store sells all of its products. Over the course of the projection period, the market's expansion is anticipated to be further aided by such advancements and the diversity of products being supplied in the region. Thus, result in driving the Asia Pacific Probiotics market revenue.


Asia Pacific Probiotics Market Segment Insights


Probiotics Type Insights


The Asia Pacific Probiotics market segmentation, based on type, includes Probiotic Foods (Yogurt, Bakery/Breakfast Cereals, Baby Food and Infant Formula, and Other Probiotic Foods), Probiotic Drinks (Fruit-based Probiotic Drinks and Dairy-based Probiotic Drinks), and Dietary Supplements. The probiotic drinks segment dominated the market. Liquid prebiotic demand is expected to rise in response to growing consumer awareness of the benefits of a balanced, high-fiber diet and the growing desire for organically derived functional ingredients. Additionally, it is anticipated that the liquid's lower price than the powder or crystal form will draw in more customers, supporting the growth of the liquid-based prebiotics market.


Figure 1: Asia Pacific Probiotics Market, by Type, 2023 & 2032 (USD Billion)


Asia Pacific Probiotics Market, by Type, 2023 & 2032


Source: Secondary Research, Primary Research, MRFR Database and Analyst Review


Probiotics Distribution Channel Insights


The Asia Pacific Probiotics market segmentation, based on Distribution Channel, includes Supermarkets/Hypermarkets, Convenience Stores, Pharmacies and Drug Stores, Online Retail Stores, and Other Distribution Channels. The supermarkets/hypermarkets category generated the most income. Probiotic producers could have excellent growth possibilities in the upcoming years due to the increase of supermarkets and hypermarkets, particularly in Asia Pacific. For products that have nutritional advantages, consumers are willing to frequent stores and pay higher prices. Young people throughout are drawn to supermarket shopping due to the growing popularity of healthy living despite the cost of groceries.


Asia Pacific Probiotics Country Insights


Due to the increased demand for high-fiber food and beverage products in China, the market is anticipated to rise steadily over the next years. Additionally, the country's customers may become more interested in health supplements as a result of the rising rates of ailments brought on by poor lifestyles. In the upcoming years, these issues will probably make it more difficult for prebiotics to gain traction in the Chinese market. Over the coming years, Japan's prebiotics market is expected to develop due to the country's growing health consciousness and rising demand for functional foods. Prebiotic demand is expected to rise in the upcoming years due to a number of factors, including the increased prevalence of various health diseases like diabetes, gastrointestinal issues, obesity, and others, which are changing consumer preferences to include goods with significant health advantages.


Figure 2: ASIA PACIFIC PROBIOTICS MARKET SHARE BY REGION 2023 & 2032 (USD Billion)


ASIA PACIFIC PROBIOTICS MARKET SHARE BY REGION 2023 & 2032


Source: Secondary Research, Primary Research, MRFR Database and Analyst Review


Asia Pacific Probiotics Key Market Players & Competitive Insights


Leading market players are putting a lot of money into R&D to expand their product lines, which will help the probiotics industry keep growing. In addition, market players are engaging in a range of calculated initiatives to increase their presence, with important market developments involving the introduction of new products, contracts, M&A transactions, increased investment, and cooperation with other enterprises. To grow and endure in an increasingly cutthroat and dynamic market, the Probiotics industry must offer cost-effective items.


Major players in the Probiotics market are engaging in research and development activities in an effort to boost market demand, including Nestle SA, Groupe Danone, Danone SA, PepsiCo Inc., Yakult Honsha Co. Ltd, Cell Biotech, Bio-K Plus International, Now Foods, Amway Corp., and Anand Milk Union Limited.


Key Companies in the Probiotics market include



  • Nestle SA

  • Groupe Danone

  • Danone SA

  • PepsiCo Inc.

  • Yakult Honsha Co. Ltd

  • Cell Biotech

  • Bio-K Plus International

  • Now Foods

  • Amway Corp.

  • Anand Milk Union Limited


Asia Pacific Probiotics Industry Developments


September 2022: China's offline retail industry saw the introduction of two new probiotic drinks by Nestle Health Science's Garden of Life brand, which are aimed at promoting immune system health and growth in children.


January 2022: Chinese consumers are the target market for gniu's Youyi C, a probiotic solid drink that was just introduced. According to the company, Bifidobacterium lactis V9, Lactobacillus plantarum Lp-6, and Lactobacillus paracasei PC-01, three Chinese proprietary star bacteria, were introduced to the drink "Daily Health."


March 2021: COSTA partnered with NZMP, an ingredient and solution brand owned by the well-known dairy company Fonterra, to officially debut the peach probiotic latte, or probiotic coffee, in all 200 of its Chinese outlets.


Asia Pacific Probiotics Market Segmentation


Probiotics Type Outlook



  •  Probiotic Foods

    • Yogurt

    • Bakery/Breakfast Cereals

    • Baby Food and Infant Formula

    • Other Probiotic Foods



  • Probiotic Drinks



Probiotics Distribution Channel Outlook



  • Supermarkets/Hypermarkets

  • Convenience Stores

  • Pharmacies and Drug Stores

  • Online Retail Stores

  • Other Distribution Channels


Probiotics Regional Outlook




  • Asia Pacific



    • China

    • Japan

    • India

    • Australia

    • South Korea

    • Indonesia

    • Thailand

    • Vietnam

    • Malaysia

    • Singapore

    • Rest of Asia-Pacific



Report Attribute/Metric Details
Market Size 2022 USD 32.8 Billion
Market Size 2023 USD 37.26 Billion
Market Size 2032 USD 103.34 Billion
Compound Annual Growth Rate (CAGR) 13.60% (2024-2032)
Base Year 2023
Market Forecast Period 2024-2032
Historical Data 2019-2022
Market Forecast Units Value (USD Billion)
Report Coverage Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends
Segments Covered Type, Distribution Channel, and Region
Region Covered Asia Pacific
Countries Covered China, Japan, India, Australia, South Korea, Indonesia, Thailand, Vietnam, Malaysia, Singapore, and Rest of Asia-Pacific
Key Companies Profiled Nestle SA, Groupe Danone, Danone SA, PepsiCo Inc., Yakult Honsha Co. Ltd, Cell Biotech, Bio-K Plus International, Now Foods, Amway Corp., and Anand Milk Union Limited
Key Market Opportunities ·         The increasing development of probiotic supplements, as evidenced by several manufacturers' production of chewable tablets
Key Market Dynamics ·         Increasing levels of discretionary income in some Asia-Pacific nations ·         Government policies that encourage the use of probiotics in the food and beverage sector are supportive.


Frequently Asked Questions (FAQ) :

In 2023, the probiotics market in Asia Pacific was estimated to be worth USD 37.26 billion.

From 2024 to 2032, the market is expected to expand at a compound annual growth rate (CAGR) of 13.60%.

Nestle SA, Groupe Danone, Danone SA, PepsiCo Inc., Yakult Honsha Co. Ltd., Cell Biotech, Bio-K Plus International, Now Foods, Amway Corp., and Anand Milk Union Limited are the major companies in the market

In 2023, the market was dominated by the Probiotic Drinks category.

The market share leader was the Supermarkets/Hypermarkets category.

Leading companies partner with us for data-driven Insights
client_1 client_2 client_3 client_4 client_5 client_6 client_7 client_8 client_9 client_10
Kindly complete the form below to receive a free sample of this Report
Please fill in Business Email for Quick Response

We do not share your information with anyone. However, we may send you emails based on your report interest from time to time. You may contact us at any time to opt-out.

Purchase Option
Single User $ 495
Compare Licenses
Tailored for You
  • Dedicated Research on any specifics segment or region.
  • Focused Research on specific players in the market.
  • Custom Report based only on your requirements.
  • Flexibility to add or subtract any chapter in the study.
  • Historic data from 2014 and forecasts outlook till 2040.
  • Flexibility of providing data/insights in formats (PDF, PPT, Excel).
  • Provide cross segmentation in applicable scenario/markets.