North America Probiotics Food and Cosmetics Market Outlook to 2017-2027: Ken Research

North America Probiotics Food and Cosmetics Market Outlook to 2017-2027: Ken Research

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

North America Probiotics Market
                                                             North America Probiotics Market

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

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

For More Information on the Research Report, Click on the Following Link: –

North America Probiotics Food and Cosmetics Market

Contact Us: –

Ken Research

Ankur Gupta, Head Marketing & Communications

[email protected]

+91-9015378249

Published Sun, 14 Aug 2022 02:30:11 -0500

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