The global Lactobacillus Acidophilus Probiotics Market is estimated to be valued at US$ 1619.68 Mn in 2023 and is expected to exhibit a CAGR of 8.0% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.

Market Overview:

Lactobacillus acidophilus probiotics are live microorganisms which provides health benefits when consumed. They are commonly used to improve gut and digestive health, boost immunity and produce nutrients like vitamins.

Market key trends:

One of the key trends in the market is rising awareness about preventive healthcare. Consumers are increasingly adopting probiotic supplements to boost gut health and immunity. This is driving demand for probiotic strains like lactobacillus acidophilus. Another factor is growing lactose intolerance among population globally. Lactobacillus acidophilus aids in digestion of lactose and thus probiotic supplements containing this strain witness high demand from lactose intolerant people. Innovation in delivery formats like gummies, chewables etc. has also increased probiotic supplementation among kids and adults.

SWOT Analysis

Strength: Lactobacillus Acidophilus is one of the most widely researched probiotic strains with proven health benefits.
Weakness: High R&D costs associated with development of novel probiotic formulations.
Opportunity: Rising popularity of functional foods and beverages among health-conscious consumers. Growing demand from developing regions.
Threats: Stringent regulatory processes for new probiotic strains. Competition from alternative traditional remedies.

Key Takeaways

The Global Lactobacillus Acidophilus Probiotics Market Size is expected to witness high growth, exhibiting CAGR of 8.0% over the forecast period, due to increasing awareness about gut and digestive health.

Regional analysis: North America dominated the market in 2023 with over 30% share owing to rising health consciousness and established pharmaceutical industry in the region. Asia Pacific is anticipated to witness fastest growth during the forecast period supported by growing middle-class population, rapid urbanization and increasing disposable incomes in countries like India and China.

Key players operating in the Lactobacillus Acidophilus Probiotics market are DuPont Nutrition (International Flavors & Fragrances Inc.), BIOPROX, Biena Inc., Chr. Hansen Holding A/S, Nebraska Cultures, Meteoric Biopharmaceuticals Pvt. Ltd., Nestlé, Lallemand Inc., and Fido Pharma Pvt. Ltd.

*Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it