ID: MRFR/F-B & N/3306-HCR | 110 Pages | Published By Snehal Singh on April 2023
Synbiotic Foods Market garner a revenue of USD 2.9 billion by 2030 at a CAGR of 9% during the forecast period 2022-2030.
Synbiotic Foods Market Scenario
The synbiotic foods market is expected to garner a revenue of USD 2.9 billion by 2030 at a CAGR of 9% during the forecast period 2022–2030. Synbiotic foods are foods products containing a combination of prebiotics and probiotics in the form of synergism that stimulate the growth and survival of the bacteria in the gut. These bacteria are mostly found in the intestine and colon of a human body in the gastrointestinal tract. Synbiotic foods help to enhance the proper gut functioning, which could not be achieved in an adequate amount through regular diet. Thus, due to increasing awareness among consumers about these products, it is expected to drive the growth of the market. Additionally, the consumption of synbiotic foods provides various benefits including improving digestive health, enhancing immune function, decreasing inflammation, and also minimizing the risk of cardiovascular diseases.
Regional Market Summary
Global Synbiotic Foods Market, by Type
Global Synbiotic Foods Market, by Distribution Channel
Global Synbiotic Foods Industry, by Region
|Market Size||USD 2.9 Billion|
|Forecast Units||Value (USD Billion)|
|Report Coverage||Revenue Forecast, Competitive Landscape, Growth Factors, and Trends|
|Segments Covered||By Type, Distribution Channel, and Region|
|Geographies Covered||North America, Europe, Asia-Pacific, and Rest of the World (RoW)|
|Key Vendors||Yakult Honsha Co., Ltd. (Japan), H&H Group (Hong Kong), The Kellogg Company (US), Danone S.A. (France), General Mills, Inc. (US), Pfizer Inc. (US), Daflorn Ltd. (Bulgaria), Chobani Global Holdings, LLC (US), Probiotical S.p.A. (Italy), Chr. Hansen Holding A/S (Denmark), Diamond V (US), Sabinsa Corporation (US), Behn Meyer Deutschland Holding AG & Co. KG (Germany), Ajinomoto Co., Inc (Japan), and Asahi Group Holdings, Ltd (Japan)|
|Key Market Opportunities||Continuous R&D in this industry and strategic initiatives undertaken by major players|
|Key Market Drivers||Increasing health concerns among the population, Rising demand for functional food and beverages|
Synbiotic Foods Market is expected to grow to USD 2.9 billion by 2030.
The Synbiotic Foods Market is expected to exhibit a strong 9% CAGR over the forecast period from 2022 to 2030.
Key players in the Synbiotic Foods Market include Kellogg, H&H Group, and Yakult Honsha, among others.
Europe holds the largest share in the global synbiotic foods market.
Growing awareness about the health benefits of bacterial cultures is the major driver for the market.