Probiotics 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.
North America Probiotics Food 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
Nestlé
Danone
ADM
DuPont
Yakult Honsha Co., Ltd.
Estée Lauder Inc
Procter & Gamble
Kerry Group plc.
Probi
Esse Skincare
Blis Technologies Limited
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
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Ken Research
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