Market by Strain, Diet Preference, Sales Channel, End-use, and Country Outlook | Forecast 2022-2028
As per Triton’s research
report, the probiotics market in the Asia-Pacific is estimated to grow with a CAGR of 9.57% over the forecasting
period 2022-2028.
Report scope can be customized per your requirements. Request For Customization
The countries analyzed in this region include:
• China
• ASEAN Countries
• India
• Japan
• South Korea
• Australia & New
Zealand
• Rest of Asia-Pacific
Accounting for the highest share in 2021, China
leads the market in this region. Rising awareness about the importance of a healthy lifestyle is one of
the key factors influencing the demand for probiotics in the Asia-Pacific.
Further, the presence of a vast population implies that the region has a large
potential consumer base, which is expected to attract a large number of market
players. On the other hand, the inclination towards consuming natural &
homemade products is likely to hinder the growth of probiotic products in this
region.
In China, the sales of probiotics can be largely attributed to the
nation’s aging population, which forms a huge consumer base. Several
manufacturers are now investing in expanding their probiotic product range,
focusing on specific consumer groups, as a result of the growing demand across
the nation. Such active efforts by market players to gain a competitive edge
indicate an overall positive outlook for China’s probiotics market.
Whereas, in South Korea, traditional fermented foods, such as kimchi,
makgeolli, cheonggukjang, and others, which are believed to contain probiotics,
are widely consumed as part of the diet. Drinkable probiotic yogurt & other
dairy-based probiotic products account for a sizable market in the nation.
Probiotic products are available easily across a variety of retail stores,
owing to the country’s strong distribution network. Such factors are expected
to increase probiotic consumption, and thus help the market to grow in the
forthcoming years.
Dairy products like probiotic yogurt and beverages heavily dominate the
animal-based probiotic products segment. Compared to their vegan product
equivalents, they are less expensive and easily accessible. Even for
manufacturers, adding probiotic cultures to dairy products is simpler as the
lactose present in the milk functions as a natural food source for the
microorganisms.
Triton’s report assesses the market based on strain, diet preference, sales channel, and
end-use. Here, the diet preference
segment comprises animal-based products and plant-based products.
Some leading players in the probiotics market
include PharmaCare Laboratories Pty Ltd, Chr Hansen Holding AS, Kerry Group
Plc, Nestlé Inc, General Mills Inc, Jarrow Formulas Inc, Probi AB, and Danone
SA.
Yakult Honsha Co Ltd is a renowned name in the field of probiotics. Some
of its key products include Yakult Original, Yakult Light, and Yakult 400 W.
The company was founded in 1935, and has been a pioneer in introducing the
world to probiotics in an “everyday” drink format. It is headquartered in
Tokyo, Japan.
Key deliverables of the
report:
● Market CAGR during the forecasting years 2022-2028
● Detailed data highlighting key insights, industry components, and market strategies
● Comprehensive information and estimation of the probiotics market revenue growth in Asia-Pacific and its influence on the parent market
● In-depth study of forthcoming trends in consumer behavioral patterns
● A meticulous analysis of the competitive landscape, vendor scorecard, and Porter’s Five Forces Model
●
A wide-ranging study of factors that will challenge the
Asia-Pacific probiotics market’s growth during the upcoming years
Want to get specific insights? Our team of analysts can customize this
report based on your preferences. Connect with us here.
1. ASIA-PACIFIC
PROBIOTICS MARKET – SUMMARY
2. INDUSTRY
OUTLOOK
2.1. IMPACT
OF COVID-19 ON THE PROBIOTICS MARKET
2.2. KEY
INSIGHTS
2.2.1. RISE
IN ACQUISITIONS TO EXPAND PRODUCT PORTFOLIO
2.2.2. INNOVATIVE
PROBIOTIC PRODUCT FORMULATIONS IN TREND
2.2.3. PROBIOTIC
RECOMMENDATIONS BY HEALTH PRACTITIONERS
2.3. PORTER’S
FIVE FORCES ANALYSIS
2.3.1. THREAT
OF NEW ENTRANTS
2.3.2. THREAT
OF SUBSTITUTE
2.3.3. BARGAINING
POWER OF BUYERS
2.3.4. BARGAINING
POWER OF SUPPLIERS
2.3.5. THREAT
OF COMPETITIVE RIVALRY
2.4. KEY
IMPACT ANALYSIS
2.4.1. BRAND
NAME
2.4.2. PRODUCT
AVAILABILITY
2.4.3. REGULATORY
CERTIFICATIONS
2.4.4. INTENDED
END-USE
2.5. MARKET
ATTRACTIVENESS INDEX
2.6. VENDOR
SCORECARD
2.7. INDUSTRY
COMPONENTS
2.8. REGULATORY
FRAMEWORK
2.9. KEY
MARKET STRATEGIES
2.9.1. PRODUCT
LAUNCHES
2.9.2. ACQUISITIONS
2.9.3. PARTNERSHIPS
2.10. MARKET
DRIVERS
2.10.1. PREVENTIVE
HEALTHCARE DEMAND DUE TO RISING CONSUMER AWARENESS
2.10.2. GROWING
THREAT OF ANTIBIOTIC RESISTANCE
2.10.3. NOVEL
TECHNOLOGIES FOR PRODUCT DELIVERY
2.11. MARKET
CHALLENGES
2.11.1. EXPENSIVE
LOGISTICS CHAIN
2.11.2. INDISTINCT
REGULATORY FRAMEWORK
2.12. MARKET
OPPORTUNITIES
2.12.1. GROWING
USE OF PROBIOTICS IN THE COSMETIC INDUSTRY
2.12.2. DEMAND
FOR PSYCHOBIOTICS
3. ASIA-PACIFIC
PROBIOTICS MARKET OUTLOOK – BY STRAIN
3.1. BACTERIA
3.1.1. BIFIDOBACTERIUM
SPP.
3.1.2. LACTOBACILLUS
SPP.
3.1.3. OTHER
SPP.
3.2. YEAST
4. ASIA-PACIFIC
PROBIOTICS MARKET OUTLOOK – BY DIET PREFERENCE
4.1. PLANT-BASED
PRODUCTS
4.2. ANIMAL-BASED
PRODUCTS
5. ASIA-PACIFIC
PROBIOTICS MARKET OUTLOOK – BY SALES CHANNEL
5.1. ONLINE
SALES CHANNEL
5.2. OFFLINE
SALES CHANNEL
5.2.1. CONVENIENCE
STORES
5.2.2. PHARMACIES
5.2.3. SUPERMARKETS
5.2.4. OTHER OFFLINE
SALES CHANNELS
6. ASIA-PACIFIC
PROBIOTICS MARKET OUTLOOK – BY END-USE
6.1. PROBIOTIC
FOODS
6.1.1. BAKERY/BREAKFAST
CEREALS
6.1.2. YOGURT
6.1.3. CONFECTIONERY
6.1.4. BABY
FORMULAS
6.1.5. OTHER
PRODUCTS
6.2. PROBIOTIC
BEVERAGES
6.2.1. DAIRY-BASED
BEVERAGES
6.2.2. FRUIT-BASED
BEVERAGES
6.2.3. OTHER
BEVERAGES
6.3. NUTRITIONAL
SUPPLEMENTS
6.3.1. POWDERS
6.3.2. CAPSULES
6.3.3. GUMMIES
6.3.4. OTHER
NUTRITIONAL SUPPLEMENTS
6.4. VETERINARY
FEED
6.5. COSMETICS
7. ASIA-PACIFIC
PROBIOTICS MARKET – COUNTRY OUTLOOK
7.1. CHINA
7.2. JAPAN
7.3. INDIA
7.4. SOUTH
KOREA
7.5. ASEAN
COUNTRIES
7.6. AUSTRALIA
& NEW ZEALAND
7.7. REST
OF ASIA PACIFIC
8. COMPETITIVE
LANDSCAPE
8.1. LIFEWAY
FOODS INC
8.2. KERRY
GROUP PLC
8.3. I-HEALTH
INC
8.4. YAKULT
HONSHA CO LTD
8.5. JARROW
FORMULAS INC
8.6. NESTLÉ
INC
8.7. CHURCH
& DWIGHT CO
8.8. GENERAL
MILLS INC
8.9. BIOGAIA
AB
8.10. PROBI
AB
8.11. KEVITA
INC
8.12. CHR
HANSEN HOLDING AS
8.13. DANONE
SA
8.14. PHARMACARE
LABORATORIES PTY LTD
8.15. THE
CLOROX COMPANY
9. RESEARCH
METHODOLOGY & SCOPE
9.1. RESEARCH
SCOPE & DELIVERABLES
9.2. SOURCES
OF DATA
9.3. RESEARCH
METHODOLOGY
TABLE 1: ASIA PACIFIC
PROBIOTICS MARKET, BY COUNTRY OUTLOOK, 2022-2028 (IN $ MILLION)
TABLE 2: LIST OF NOTABLE
ACQUISITIONS IN THE PROBIOTICS MARKET
TABLE 3: VENDOR SCORECARD
TABLE 4: REGULATORY FRAMEWORK
TABLE 5: LIST OF PRODUCT
LAUNCHES
TABLE 6: LIST OF ACQUISITIONS
TABLE 7: LIST OF PARTNERSHIPS
TABLE 8: ASIA PACIFIC
PROBIOTICS MARKET, BY DIET PREFERENCE, 2022-2028 (IN $ MILLION)
TABLE 9: ASIA PACIFIC
PROBIOTICS MARKET, BY STRAIN, 2022-2028 (IN $ MILLION)
TABLE 10: ASIA PACIFIC
PROBIOTICS MARKET, BY BACTERIA, 2022-2028 (IN $ MILLION)
TABLE 11: ASIA PACIFIC
PROBIOTICS MARKET, BY SALES CHANNEL, 2022-2028 (IN $ MILLION)
TABLE 12: ASIA PACIFIC PROBIOTICS
MARKET, BY OFFLINE SALES CHANNEL, 2022-2028 (IN $ MILLION)
TABLE 13: ASIA PACIFIC
PROBIOTICS MARKET, BY END-USE, 2022-2028 (IN $ MILLION)
TABLE 14: ASIA PACIFIC
PROBIOTICS MARKET, BY PROBIOTIC FOODS, 2022-2028 (IN $ MILLION)
TABLE 15: ASIA PACIFIC PROBIOTICS
MARKET, BY PROBIOTIC BEVERAGES, 2022-2028 (IN $ MILLION)
TABLE 16: ASIA PACIFIC
PROBIOTICS MARKET, BY NUTRITIONAL SUPPLEMENTS, 2022-2028 (IN $ MILLION)
TABLE 17: ASIA PACIFIC
PROBIOTICS MARKET, BY COUNTRY OUTLOOK, 2022-2028 (IN $ MILLION)
FIGURE
1: PROPOSED HEALTH BENEFITS OF PROBIOTICS
FIGURE
2: KEY BUYING IMPACT ANALYSIS
FIGURE
3: MARKET ATTRACTIVENESS INDEX
FIGURE
4: INDUSTRY COMPONENTS
FIGURE
5: ASIA-PACIFIC PROBIOTICS MARKET, BY STRAIN, 2021 & 2028 (IN %)
FIGURE
6: ASIA-PACIFIC PROBIOTICS MARKET, BY BACTERIA, 2022-2028 (IN $ MILLION)
FIGURE
7: ASIA-PACIFIC PROBIOTICS MARKET, BY BACTERIA, 2021 & 2028 (IN %)
FIGURE
8: ASIA-PACIFIC PROBIOTICS MARKET, BY BIFIDOBACTERIUM SPP., 2022-2028 (IN $
MILLION)
FIGURE
9: ASIA-PACIFIC PROBIOTICS MARKET, BY LACTOBACILLUS SPP., 2022-2028 (IN $
MILLION)
FIGURE
10: ASIA-PACIFIC PROBIOTICS MARKET, BY OTHER SPP., 2022-2028 (IN $ MILLION)
FIGURE
11: ASIA-PACIFIC PROBIOTICS MARKET, BY YEAST, 2022-2028 (IN $ MILLION)
FIGURE
12: ASIA-PACIFIC PROBIOTICS MARKET, BY DIET PREFERENCE, 2021 & 2028 (IN %)
FIGURE
13: ASIA-PACIFIC PROBIOTICS MARKET, BY PLANT-BASED PRODUCTS, 2022-2028 (IN $
MILLION)
FIGURE
14: ASIA-PACIFIC PROBIOTICS MARKET, BY ANIMAL-BASED PRODUCTS, 2022-2028 (IN $
MILLION)
FIGURE
15: ASIA-PACIFIC PROBIOTICS MARKET, BY SALES CHANNEL, 2021 & 2028 (IN %)
FIGURE
16: ASIA-PACIFIC PROBIOTICS MARKET, BY ONLINE SALES CHANNEL, 2022-2028 (IN $
MILLION)
FIGURE
17: ASIA-PACIFIC PROBIOTICS MARKET, BY OFFLINE SALES CHANNEL, 2022-2028 (IN $
MILLION)
FIGURE
18: ASIA-PACIFIC PROBIOTICS MARKET, BY OFFLINE SALES CHANNEL, 2021 & 2028
(IN %)
FIGURE
19: ASIA-PACIFIC PROBIOTICS MARKET, BY CONVENIENCE STORES, 2022-2028 (IN $
MILLION)
FIGURE
20: ASIA-PACIFIC PROBIOTICS MARKET, BY PHARMACIES, 2022-2028 (IN $ MILLION)
FIGURE
21: ASIA-PACIFIC PROBIOTICS MARKET, BY SUPERMARKETS, 2022-2028 (IN $ MILLION)
FIGURE
22: ASIA-PACIFIC PROBIOTICS MARKET, BY OTHER OFFLINE SALES CHANNEL, 2022-2028
(IN $ MILLION)
FIGURE
23: ASIA-PACIFIC PROBIOTICS MARKET, BY END-USE, 2021 & 2028 (IN %)
FIGURE
24: ASIA-PACIFIC PROBIOTICS MARKET, BY PROBIOTIC FOODS, 2022-2028 (IN $
MILLION)
FIGURE
25: ASIA-PACIFIC PROBIOTICS MARKET, BY PROBIOTIC FOODS, 2021 & 2028 (IN %)
FIGURE
26: ASIA-PACIFIC PROBIOTICS MARKET, BY BAKERY/BREAKFAST CEREALS, 2022-2028 (IN
$ MILLION)
FIGURE
27: ASIA-PACIFIC PROBIOTICS MARKET, BY YOGURT, 2022-2028 (IN $ MILLION)
FIGURE
28: ASIA-PACIFIC PROBIOTICS MARKET, BY CONFECTIONERY, 2022-2028 (IN $ MILLION)
FIGURE
29: ASIA-PACIFIC PROBIOTICS MARKET, BY BABY FORMULAS, 2022-2028 (IN $ MILLION)
FIGURE
30: ASIA-PACIFIC PROBIOTICS MARKET, BY OTHER PRODUCTS, 2022-2028 (IN $ MILLION)
FIGURE
31: ASIA-PACIFIC PROBIOTICS MARKET, BY PROBIOTIC BEVERAGES, 2022-2028 (IN $
MILLION)
FIGURE
32: ASIA-PACIFIC PROBIOTICS MARKET, BY PROBIOTIC BEVERAGES, 2021 & 2028 (IN
%)
FIGURE
33: ASIA-PACIFIC PROBIOTICS MARKET, BY DAIRY-BASED BEVERAGES, 2022-2028 (IN $
MILLION)
FIGURE
34: ASIA-PACIFIC PROBIOTICS MARKET, BY FRUIT-BASED BEVERAGES, 2022-2028 (IN $
MILLION)
FIGURE
35: ASIA-PACIFIC PROBIOTICS MARKET, BY
OTHER BEVERAGES, 2022-2028 (IN $ MILLION)
FIGURE
36: ASIA-PACIFIC PROBIOTICS MARKET, BY NUTRITIONAL SUPPLEMENTS, 2022-2028 (IN $
MILLION)
FIGURE
37: ASIA-PACIFIC PROBIOTICS MARKET, BY NUTRITIONAL SUPPLEMENTS, 2021 & 2028
(IN %)
FIGURE
38: ASIA-PACIFIC PROBIOTICS MARKET, BY POWDERS, 2022-2028 (IN $ MILLION)
FIGURE
39: ASIA-PACIFIC PROBIOTICS MARKET, BY CAPSULES, 2022-2028 (IN $ MILLION)
FIGURE
40: ASIA-PACIFIC PROBIOTICS MARKET, BY
GUMMIES, 2022-2028 (IN $ MILLION)
FIGURE
41: ASIA-PACIFIC PROBIOTICS MARKET, BY OTHER NUTRITIONAL SUPPLEMENTS, 2022-2028
(IN $ MILLION)
FIGURE
42: ASIA-PACIFIC PROBIOTICS MARKET, BY VETERINARY FEED, 2022-2028 (IN $
MILLION)
FIGURE
43: ASIA-PACIFIC PROBIOTICS MARKET, BY COSMETICS, 2022-2028 (IN $ MILLION)
FIGURE
44: ASIA-PACIFIC PROBIOTICS MARKET, COUNTRY OUTLOOK, 2021 & 2028 (IN %)
FIGURE
45: CHINA PROBIOTICS MARKET 2022-2028 (IN $ MILLION)
FIGURE
46: JAPAN PROBIOTICS MARKET 2022-2028 (IN $ MILLION)
FIGURE
47: INDIA PROBIOTICS MARKET 2022-2028 (IN $ MILLION)
FIGURE
48: SOUTH KOREA PROBIOTICS MARKET 2022-2028 (IN $ MILLION)
FIGURE
49: ASEAN COUNTRIES PROBIOTICS MARKET 2022-2028 (IN $ MILLION)
FIGURE
50: AUSTRALIA & NEW ZEALAND PROBIOTICS MARKET 2022-2028 (IN $ MILLION)
FIGURE
51: REST OF ASIA PACIFIC PROBIOTICS MARKET 2022-2028 (IN $ MILLION)