Lactobacillus Acidophilus Probiotics Market Is Estimated To Witness High Growth Owing To Rising Health Consciousness

The Lactobacillus acidophilus probiotics market is estimated to be valued at US$ 1619.68 Mn in 2023 and is expected to exhibit a CAGR of 8.0% over the forecast period 2023-2030, as highlighted in a new report published by Coherent Market Insights.

Market Overview:
Lactobacillus acidophilus probiotics are live microorganisms that provide health benefits when consumed. They are commonly found in dietary supplements and foods such as yogurt and other fermented dairy products. Lactobacillus acidophilus probiotics help support digestive and immune health. They improve gut microbiota balance, assist nutrient absorption in the gut, and produce antimicrobial substances against harmful bacteria and pathogens.

Market Dynamics:
Rising health consciousness among consumers regarding gut health and digestive issues is expected to drive growth of the lactobacillus acidophilus probiotics market over the forecast period. Probiotics help relieve symptoms of irritable bowel syndrome, reduce diarrhea, reduce risk of respiratory infections, blood pressure, and improve overall well-being. Additionally, increasing instances of gut disorders and gastrointestinal problems among both adult and pediatric populations is also fueling probiotics adoption. Furthermore, improving lifestyle, inadequate intake of nutrients, stress, and junk food consumption have led to increased gut issues globally. This has raised awareness regarding digestive health benefits of probiotics, thereby accelerating probiotic product demand.

SWOT Analysis
Strength: Lactobacillus Acidophilus Probiotics have several health benefits such as improving digestion, boosting immunity, and reducing cholesterol levels. They are cost-effective and widely available in the market. Researchers have proven their effectiveness through various clinical trials.
Weakness: The quality and amount of viable bacteria can vary between manufacturers and products. Storage conditions and preparation methods may reduce their efficacy. More research is still needed regarding their long-term effects and role in treating certain diseases.
Opportunity: Population ageing and increasing consumer awareness about preventive healthcare is driving the demand. Probiotics are being incorporated into various food and beverage products. The market for personalized nutrition and nutraceuticals is growing at a brisk pace.
Threats: Stringent regulatory frameworks and approval processes may delay product launches. Competition from substitute probiotic strains can erode market share. Health concerns and side effectsreported in some studies pose challenges.

Key Takeaways
The Global Lactobacillus Acidophilus Probiotics Market Size is expected to witness high growth, exhibiting CAGR of 8.0% over the forecast period, due to increasing consumer proclivity towards foods with functional health benefits.

Regional analysis: North America dominates the global Lactobacillus Acidophilus Probiotics market due to robust awareness levels and expanding food and dietary supplement industry in the region. The Asia Pacific region is anticipated to be the fastest growing market over the forecast period owing to population explosion, improving living standards and rising health expenditures.

Key players analysis: Key players operating in the Lactobacillus Acidophilus Probiotics market are DuPont Nutrition (International Flavors & Fragrances Inc.), BIOPROX, Biena Inc., Chr. Hansen Holding A/S, Nebraska Cultures, Meteoric Biopharmaceuticals Pvt. Ltd., Nestlé, Lallemand Inc., and Fido Pharma Pvt. Ltd.

 

Read more: https://www.trendingwebwire.com/lactobacillus-acidophilus-probiotics-market-forecast-demand/

Trending

Hot