South America Probiotics Market Size, Share, Opportunities, COVID-19 Impact, And Trends By Ingredient (Bacteria (Lactobacilli, Bifidobacterium, Streptococcus Thermophilus), Yeast (Saccharomyces, Boulardii, Others)), By Form (Liquid, Dry), By Application (Functional Food And Beverages, Dietary Supplements, Animal Feed), By End-User (Human, Animal), And By Geography - Forecasts From 2022 To 2027
- Published : Jan 2023
- Report Code : KSI061613200
- Pages : 82
The South America probiotics market is anticipated to expand at a CAGR of 10.14 percent over the course of the forecast period, from US$2.964 billion in 2020 to a total market value of US$5.829 billion by 2027.
Live microorganisms known as probiotics are intended to improve one's health whether taken orally or topically. Yogurts, other fermented foods, and probiotic-rich beverages are widely available and provide delicious, nutrient-dense snacks. Probiotics are also found in many cosmetic products. When consumed in appropriate amounts, probiotics have beneficial effects on the body, including improved gut health and reduced intestinal inflammation. Since they improve immune function and halt the progression of diseases, probiotics are crucial for preventative healthcare.
Growing Health concerns for humans and animals are anticipated to boost the market
Probiotics are increasingly being incorporated into everyday diets as a result of changing food consumption patterns and an increase in the number of persons suffering from these disorders. Growing disposable incomes and increased health consciousness, particularly in developing nations, will support the probiotics market's expansion. The market for probiotics used in dietary supplements, such as infant formula, food supplements, nutritional supplements, and specialty nutrients, will expand due to rising demand for dietary supplements as a result of rising fitness objectives among individuals. The demand for probiotics in functional food and beverages has increased as a result of rising processed food consumption, unhealthy lifestyle choices, and increased media and health authority coverage of nutrition and the relationship between diet and health.
Key Developments:
- March 2022: The Japanese probiotic milk company Yakult announced to invest of BRL 60 million (US$12 million) in modernizing a Brazilian manufacturing site in So Paulo. To increase the manufacturing efficiency of probiotic yoghurt, the project will require replacing some equipment and renovating others. Six stainless steel tanks, consisting of two 16,000-liter and four 24,000-liter tanks, will be replaced, and the sewage pipes will be improved, with the majority of the investment (US$4m) going toward these projects. The business also intends to upgrade the distribution network and add new gutters for sanitary drainage.
- Sept 2021: In addition to its Pro and Original brands, Bio-K Plus International, a Kerry company, debuted its Extra range of functional, liquid probiotic supplements. The supplement is designed as a practical choice for consumers who lead active lifestyles and offers a high probiotic content of 80 billion CFU, a protein basis of fermented oats and pumpkin seeds, and additional clinically proven ingredients. In order to provide the health products that consumers want, the Bio-K Plus three-strain probiotic blend is coupled with additional branded functional components. This blend has been clinically shown to improve digestive health. The new Bio-K Plus Extra line is suitable for a range of lifestyles and tastes because it is vegan, gluten-free, organic, and non-GMO.
Product Offerings:
- Progurt Probiotic Sachet: Progurt Probiotic Sachets are a 100% natural, super-strength, a human-isolated probiotic that is intended to support gut flora balance and digestive health. More than 1 trillion CFU of helpful bacteria per sachet. Each Progurt Probiotic Sachet is water-soluble and contains multiple human probiotic isolates that are the same as those that are present in a healthy human gut from birth. These isolates include Lactic Acid Bacteria (LAB) and Bifidobacteria, including advantageous strains of Lactobacillus acidophilus, Lactobacillus Bifidus, and S. thermophilus, making them more potent than other probiotics. Each Progurt Probiotic Sachet is an intense, super-strength, single dosage, equivalent to 40 capsules* (*at 25 Billion per Capsule), and is ideal for use after taking antibiotics, when traveling, when the stomach hurts, when there is a gut imbalance when there are dairy and food intolerances, and when there is poor gut function.
- Calsporin®: Bacillus velezensis DSM 15544 is a spore-forming probiotic found in Calsporin®. It has been demonstrated that adding Bacillus velezensis DSM 15544 to the diets of piglets and broiler chickens improves growth and feed conversion. Multiple mechanisms are used by Bacillus velezensis DSM 15544 (Calsporin®) to enhance gut health. There is a large variety of microflora in the stomach, including both beneficial and harmful microorganisms (pathogens like Clostridia, E. Coli, Salmonella, Campylobacter). By consuming oxygen, producing enzymes, and excluding competitors, Bacillus velezensis develops a favorable environment for the good bacteria in the gut. A healthier gut is the end outcome, and a healthier gut leads to improved food absorption, fewer digestive issues, healthier animals, and better performance.
South America Probiotics Market Scope:
Report Metric | Details |
Market Size Value in 2020 | US$2.964 billion |
Market Size Value in 2027 | US$5.829 billion |
Growth Rate | CAGR of 10.14% from 2020 to 2027 |
Base Year | 2020 |
Forecast Period | 2022–2027 |
Forecast Unit (Value) | USD Billion |
Segments Covered | Ingredient, Form, Application, End-User, And Geography |
Regions Covered | Brazil, Argentina, Columbia, Chile, Peru, Others |
Companies Covered | Yakult Honsha Co. Ltd, Kerry Group plc., Danone, Beneo GmbH, Orffa, Mastellone Hnos SA, Vetanco, Progurt Inc |
Customization Scope | Free report customization with purchase |
Segmentation
- By Ingredient
- Bacteria
- Lactobacilli
- Bifidobacterium
- Streptococcus thermophilus
- Yeast
- Saccharomyces boulardii
- Others
- Bacteria
- By Form
- Liquid
- Dry
- By Application
- Functional Food and Beverages
- Dietary Supplements
- Animal Feed
- By End-User
- Human
- Animal
- By Geography
- Brazil
- Argentina
- Columbia
- Chile
- Peru
- Others
1. INTRODUCTION
1.1. Market Overview
1.2. COVID-19 Scenario
1.3. Market Definition
1.4. Market Segmentation
2. RESEARCH METHODOLOGY
2.1. Research Data
2.2. Assumptions
3. EXECUTIVE SUMMARY
3.1. Research Highlights
4. MARKET DYNAMICS
4.1. Market Drivers
4.2. Market Restraints
4.3. Porter’s Five Forces Analysis
4.3.1. Bargaining Power of Suppliers
4.3.2. Bargaining Power of Buyers
4.3.3. Threat of New Entrants
4.3.4. Threat of Substitutes
4.3.5. Competitive Rivalry in the Industry
4.4. Industry Value Chain Analysis
5. SOUTH AMERICA PROBIOTICS MARKET BY INGREDIENT
5.1. Introduction
5.2. Bacteria
5.2.1. Lactobacilli
5.2.2. Bifidobacterium
5.2.3. Streptococcus Thermophilus
5.3. Yeast
5.4. Saccharomyces Boulardii
5.5. Others
6. SOUTH AMERICA PROBIOTICS MARKET BY FORM
6.1. Introduction
6.2. Liquid
6.3. Dry
7. SOUTH AMERICA PROBIOTICS MARKET BY APPLICATION
7.1. Introduction
7.2. Functional Food and Beverages
7.3. Dietary Supplements
7.4. Animal Feed
8. SOUTH AMERICA PROBIOTICS MARKET BY END-USER
8.1. Introduction
8.2. Human
8.3. Animal
9. SOUTH AMERICA PROBIOTICS MARKET BY GEOGRAPHY
9.1. Introduction
9.2. Brazil
9.3. Argentina
9.4. Columbia
9.5. Chile
9.6. Peru
9.7. Others
10. COMPETITIVE INTELLIGENCE
10.1. Major Players and Strategy Analysis
10.2. Emerging Players and Market Lucrativeness
10.3. Mergers, Acquisitions, Agreements, and Collaborations
10.4. Vendor Competitiveness Matrix
11. COMPANY PROFILES
11.1. Yakult Honsha Co. Ltd
11.2. Kerry Group plc.
11.3. Danone
11.4. Beneo GmbH
11.5. Orffa
11.6. Mastellone Hnos SA
11.7. Vetanco
11.8. Progurt Inc
Yakult Honsha Co. Ltd
Kerry Group plc.
Danone
Orffa
Mastellone Hnos SA
Vetanco
Progurt Inc
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