North America Probiotics Food and Cosmetics Market Outlook to 2017-2027: Ken Research
by Ken Research Your Search Ends With Our ResearchProbiotics Food and Cosmetics Market Definition and Overview
Probiotics are live microorganisms that are
known for inhibiting several health benefits when taken in adequate amounts or
applied externally to the body. They can be found in various food products such
as dietary supplements, yogurt, and other fermented foods. It can also be
infused in beauty products so as to apply to the skin. Probiotics are a mix of
live bacteria or yeast that are already present in the body and help it to work
in the most efficient way. Many of the microorganisms present in probiotic
foods are similar to the ones living naturally in the body.
Probiotics are already well known in the food
and supplement world, using these microorganisms topically for the skin is
proving to be an emerging frontier. Foods such as yogurt, buttermilk, cottage
cheese, fermented pickles, and others are known for creating natural microbes
in the body to boost the health of the immune as well as the digestive system.
However, probiotic skin care involves the usage of products containing live
microorganisms for the improvement of skin health.
North America Probiotics
Food and Cosmetics Market Outlook, Drivers, and Challenges
The Probiotics Food and Cosmetics Market in North
America is expected to
witness strong growth of at least 10% CAGR over the next five years, owing to
the increasing popularity of probiotic dietary supplements. Dietary supplements
include powders, liquids, capsules, tablets, and pills that are considered the
most convenient forms of meeting every kind of nutritional need of the body.
Probiotic food, as well as cosmetic products, have gained popularity over the
past few years as the young population has now become more inclined towards
nutritional food as compared to other medicated products.
North America is a huge market for probiotic
products as there is a great demand for gut friendly dietary supplements among
young consumers. As compared to other regions, people in the US are more
willing to take oral probiotic supplements in any form. According to Food and
Drug Administration, there is no requirement for pre-market approval for US
manufacturers of probiotic dietary supplements which helps to cater to the
increasing demand for these products in the market.
However, probiotics are sometimes intolerant
to stomach bile causing an adverse impact on the digestive system of the body.
In rare cases, people with weak immune systems and prolonged diseases may
develop an infection from bacteria in probiotic products. This creates a fear
in people to consume these products that act as a restraint for the market and
thus hamper the growth.
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North America Probiotics
Food and Cosmetics Market Value Chain Analysis
The value chain of the probiotics food and cosmetics market
consists of a selection of microorganism strains that would be used in making
probiotic powder. There are thousands of strains such as Lactobacillus,
Bifidobacteria, and others available that can be used to get the product. After
selecting the strain, the microorganisms are grown and fermented in a specific
media. After the fermentation process is completed, it is placed for
concentrating in a centrifuge that spins the liquid at high speed so as to
separate fluids of different densities. After the concentration, it is finally
blended into fine powder. This powder can either be used directly by the
end-use industries such as food and beverages or cosmetics industry or it can
further be formed into tablets and capsules in order to consume orally.
North America Probiotics
Food and Cosmetics Market Segmentation
The Probiotics Food and Cosmetics market can be split into the
following categories based on the Product type such as Probiotics Food &
Beverages, Dietary Supplements, and Cosmetics. Based on Ingredients, the market
is categorized as Bacteria and Yeast. Regular, Preventive healthcare, and
Therapeutic are categorized as the Function-based segments in the market. The
market can be segmented based on Distribution channels such as Hypermarkets/
Supermarkets, Pharmacies/ Drugstores, Specialty Stores, and Online Retailers.
Geographically, the major country markets in North America are US, Canada, and
Mexico.
North America Probiotics
Food and Cosmetics Market Competitive Landscape of Major Competitors
Some key competitors in the North America Probiotics
Food and Cosmetics market are Nestlé, Danone, ADM Company,
DuPont, Yakult Honsha Co., Ltd., Estée Lauder Inc, Procter & Gamble, Kerry
Group plc., Probi, Esse Skincare, Blis Technologies Limited, among others.
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Impact of Covid-19 on North America Probiotics Food and Cosmetics Market
The covid-19 crisis
has brought diverse opportunities in the Probiotics Food and Cosmetic market as
it offered numerous benefits that helped people fight the virus in the easiest
way. Probiotics were used as supplements that proved to be an effective method
for combating the virus.
For instance, In the
2020 first quarter, DuPont witnessed growth in its Nutrition & Biosciences
segment, with the probiotics section observing the strongest growth period. In
April 2020, Probi reported the strongest sales of its probiotic products,
observing a clear increase in interest in its immunity products.
The global pandemic
escalated the demand for immunity-boosting food products and supplements among
people of every age group. In recent months, the use of probiotics is increasing
gradually which can also be noticed in some of the major players in the market.
Key Segments Covered in North America Probiotics Food and Cosmetics Market: -
North
America Probiotics Food and Cosmetics Market, By Product Type
Probiotics Food & Beverages
Dietary Supplements
Cosmetics
North
America Probiotics Food and Cosmetics Market, By Ingredients
Bacteria
Yeast
North
America Probiotics Food and Cosmetics Market, By Function
Regular
Preventive
Healthcare
Therapeutic
North
America Probiotics Food and Cosmetics Market, By Distribution Channel
Hypermarkets/ Supermarkets
Pharmacies/ Drugstores
Specialty stores
Online
North
America Probiotics Food and Cosmetics Market, By Geography and Major
Countries
US
Canada
Mexico
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Key Competitors in North America Probiotics Food and Cosmetics Market
Danone
ADM
DuPont
Yakult
Honsha Co., Ltd.
Estée Lauder
Inc
Procter
& Gamble
Kerry Group
plc.
Probi
Esse
Skincare
Time Period Captured in the Report:
Historical Period: 2017-2021
Forecast Period: 2022-2027F
Key Target Audience – Organizations and
Entities Who Can Benefit by Subscribing This Report:
Probiotics
Food Manufacturers
Probiotics
Cosmetics Manufacturers
Probiotics
Beverages Manufacturers
Bacteria
Strain Suppliers for Probiotics Food
Bacteria
Strain Suppliers for Probiotics Cosmetics
Organic Food
Manufacturers
Local
Cosmetics Manufacturers
Potential
Investors in Probiotics Food Companies
Potential
Investors in Probiotics Cosmetics Companies
Probiotics
Food Distributors
Probiotics Cosmetics Distributors
Probiotics Beverages Distributors
Probiotics Laboratory Technology and Service
Providers
Emerging and Startup Probiotics Companies in
the Market
Probiotics Strain Developing Institutes
Probiotics Research Institutes
Government Departments of Biotechnology
Ministries and Departments of Food and
Nutrition
Ministries and Departments of Healthcare
Ministries and Departments of Agriculture and
Animal Husbandry
Importers and Distributors of Probiotics Food
Importers and Distributors of Probiotics
Cosmetics
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North
America Probiotics Food and Cosmetics Market
Contact Us: -
Ken
Research
Ankur
Gupta, Head Marketing & Communications
+91-9015378249
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Created on Aug 15th 2022 00:04. Viewed 166 times.