Lactobacillus Acidophilus Probiotics Market Size | 2031

Report Description

Lactobacillus Acidophilus Probiotics Market Outlook

The global lactobacillus acidophilus probiotics market size was estimated at USD 2,413.9 Mn in 2021 and is anticipated to reach USD 4,819.4 Mn by 2030, expanding at a CAGR of 8.1% during the forecast period, 2022-2030. Acidophilus (Lactobacillus acidophilus), a bacteria present in the mouth, stomach, and vagina, is used as a probiotic.

Probiotics are helpful bacteria that are either identical to or similar to the microorganisms that are naturally present in the body. Acidophilus is available as a dietary supplement in capsules, tablets, wafers, powders, and vaginal suppositories. It is found in various dairy products, including yogurt, and is commercially added to many foods and used as a supplement. Acidophilus is frequently used to treat vaginal discomfort (bacterial vaginosis), and digestive disorders, and to promote the growth of beneficial bacteria.

Get Free Sample Report

Macro-economic Factors

Aging Population

Demand for lactobacillus acidophilus probiotics supplements is increasing, due to the rising use of these supplements among the geriatric population to delay effects and disorders related to aging. Aging is connected to an increased risk for low vitamin consumption.

In the US, total energy intake decreases substantially with age; for instance, decreases between 1000 kcal and 1200 kcal in men, and by 600 kcal to 800 kcal in women by age ranging from 60 to 69. This is attributed to the declining nutrient intake, which also reduces probiotics, calcium, iron, zinc, B vitamins, and vitamin E consumption.

More than 50% of the geriatric population consumes lesser supplements than the recommended daily intake (RDI). A low-nutrient diet increases the risk of diet-related illnesses. The rising geriatric population and increasing need for products that supplement the deficiency of vitamins, calcium, and other supplements including probiotics are propelling the market.

Healthcare Spending

Governments across the globe are investing in the healthcare industry to increase real per capita healthcare spending. Healthcare expenditure plays an important role in providing opportunities for maintaining health. It strengthens human capital and improves productivity, thereby contributing to economic performance.

According to the National Health Expenditure (NHE), in the US, hospital expenditure increased up to USD 1,270.1 Bn, while physician and clinical services expenditure increased up to USD 809.5 Bn in 2020. Healthcare systems are organized and financed in different ways across the EU member states.

In 2021, healthcare expenditure in Germany and France was equivalent to 12.8% and 12.2%, respectively, of gross domestic product (GDP), more than any other EU member state. Continuous R&D activities, investments, and spending for innovations in lactobacillus acidophilus probiotics supplements propel the global market.

Lactobacillus Acidophilus Probiotics Market Dynamics

Market Driver 

Rising Number of Health-conscious Consumers

Health-conscious consumers (HCCs) are individuals who are concerned about nutrition, fitness, stress, and their environment. According to the International Food Information Council, the age group between 25 and 34 is health-conscious. High emphasis on immunity and nutrition is indicative of a consumer shift toward holistic health.

Consumer prioritization of overall health and wellness has propelled the demand for various supplements including lactobacillus acidophilus probiotics supplements. Consumer awareness about the importance of well-being and prevention is growing, due to consulting online medicine portals and websites in the health sector.

Consumers are increasing their focus on health, with a proactive approach to the treatment and prevention of potential diseases. High global health consciousness is correlated to an investment in supplements. Thus, high consumer health consciousness is expected to fuel the market during the forecast period.

Rising Elderly Population across the Globe

The proportion of senior individuals is predicted to double, with more than one in every five persons being over 60 years old. For instance, according to the UN, the world’s population is expected to grow to just under 10 billion by 2050. The gut flora changes and becomes more imbalanced as individuals age, which can contribute to weakness and inflammatory illnesses.

Probiotic-containing supplements, including lactobacillus acidophilus probiotics supplements, have proved to be an effective strategy to combat this imbalance and promote health. For women, bone health is another area where probiotics have shown promise in combating the deterioration of the skeleton with age.

A major portion of the older population now has more purchasing power which, along with a growing interest in self-care and health, is boosting interest in probiotic supplements including lactobacillus acidophilus probiotics supplement. These factors are expected to drive the market in the coming years.

Market Restraint

In the past decade, the US Food & Drug Administration (FDA) has become more stringent with safety standards and has increased the number of labeling violations related to dietary supplements including lactobacillus acidophilus probiotics supplements. FDA regulates finished dietary supplement products and dietary ingredients. It has the authority to take action against any adulterated or misbranded dietary supplement product after it reaches the market.

The FDA regulates dietary supplements under a different set of regulations than those covering conventional foods and drug products. Under the Dietary Supplement Health and Education Act of 1994 (DSHEA): Manufacturers and distributors of dietary supplements and ingredients are prohibited from marketing products that are adulterated or misbranded. These factors are expected to hinder the market during the forecast period.

Market Opportunity

Various companies and research institutes are engaging in research related to various applications of lactobacillus acidophilus probiotics. Gut microbiome and probiotics research has advanced significantly over the past decade, owing to new technology that has enabled a better knowledge of the human microbiome. This advancement has resulted in a clearer understanding of the relationships between health and gut flora.

The market is projected to remain dominated by established areas such as gut health and the immune system, although new areas of indication are developing as a result of in-depth research and additional studies. Weight control and mental health are two subjects of significant interest. These factors are anticipated to create immense opportunities for the key players.

Scope of Lactobacillus Acidophilus Probiotics Market Report  

The report on the global lactobacillus acidophilus probiotics market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Lactobacillus Acidophilus Probiotics Market Segment Insights

Based on form, the market is segmented into solid, liquid, and powder. The solid segment is expected to hold a considerable share of the market during the forecast, as it is a convenient form of lactobacillus acidophilus probiotics supplement.

Get Free Sample Report

On the basis of application, the market is fragmented into food & beverages, dietary supplements, animal feed, and others. The food & beverages segment holds a key share of the market. People are growing more health-conscious, which is expected to drive the food & beverages segment. Many consumers are beginning to recognize the importance of gut health in managing weight, energy levels, and general physical health, which is expected to increase the demand for lactobacillus acidophilus probiotics supplements in the coming years.

In terms of distribution channels, the market is classified as an online pharmacy, retail pharmacy, hospital pharmacy, and supermarket/hypermarket. The online segment is anticipated to expand at a significant CAGR during the forecast period, as online pharmacies provide more benefits to consumers than traditional retail pharmacies, by offering discounts, convenience, reduced costs, and maintaining anonymity. Increasing high-speed internet penetration and growing smartphone users are expected to fuel the online pharmacy segment during the forecast period.

Get Free Sample Report

Regional Outlook

Based on regions, the market is fragmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America accounted for a significant share of the market in 2021, due to the growing geriatric population and rising prevalence of autoimmune diseases that increase the prescription rate of lactobacillus acidophilus probiotics supplement.

Additionally, increasing investments in the manufacturing of lactobacillus acidophilus probiotics supplements and drugs for efficient treatment and promoting healthy aging are driving the market in North America.

Get Free Sample Report

Key Benefits for Industry Participants & Stakeholders

• In-depth Analysis of the Global Lactobacillus Acidophilus Probiotics Market
• Historical, Current, and Projected Market Size in Terms of Value
• Potential & Niche Segments and Regions Exhibiting Promising Growth Covered
• Industry Drivers, Restraints, and Opportunities Covered in the Study
• Recent Industry Trends and Developments
• Competitive Landscape & Strategies of Key Players
• Neutral Perspective on Global Lactobacillus Acidophilus Probiotics Market Performance