Probiotics Market to be Worth $100.10 Billion by 2031

Probiotics Market Size, Share, Forecast, & Trends Analysis by Strain (Bacillus), Product Type (Dairy {Yogurt}, Baked Food}, Animal Feed), Form (Liquid), Sales Channel (Super Markets), End User (Human {Adults, Senior}, Animal) – Global Forecast to 2031

The Probiotics Market was valued at $59.99 billion in 2023. This market is expected to reach $100.1 billion by 2031, from an estimated $63.62 billion in 2024, at a CAGR of 6.7% during the forecast period 2024-2031. The growth of the probiotics market is driven by the rising consumer awareness about the health benefits of probiotic-infused foods, the increasing use of probiotics as an alternative to antibiotics, and ongoing research advancements in probiotics. However, stringent regulatory frameworks pertaining to probiotics may restrain market growth. Furthermore, the utilization of probiotics in infant nutrition is expected to create market growth opportunities. Additionally, the rise of e-commerce is a prominent trend in this market.