The Japan probiotics market size is projected to expand at a CAGR of 9.8% during the forecast period. The growth of the market is attributed to rising demand for health products such as probiotics especially by the young generation.
Probiotics are microorganisms found in beauty products, fermented foods, and nutritional supplements. They contain many kinds of bacteria. The most common types of bacteria in probiotics are lactobacillus. Probiotics are a combination of bacteria and fungi, viruses and protozoa. Probiotics help maintain a healthy microbial community in the human body and help the body maintain its original state after illness. They help prevent and treat diarrhea while improving mental health. Probiotics play a huge role in disease prevention because they prevent disease by strengthening the immune system.
The Covid-19 pandemic affected the demand and supply of Japan probiotics market. Lockdown across the globe, supply chain disorders, and oscillating supply of raw materials forced manufacturers to shut down production leading to unfortunate decline in market growth. Launch of vaccines to combat the Covid-19 pandemic is expected to contribute to the market growth over the forecast period.
The report on the Japan probiotics market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
Attributes |
Details |
Report Title |
Japan Probiotics Market - Industry Analysis, Growth, Share, Size, Trends, and Forecast |
Base Year |
2021 |
Historic Data |
2019–2020 |
Forecast Period |
2021–2028 |
Segmentation |
Types (Functional Food & Beverage, Dietary Supplement, and Animal Feed), Distribution (Supermarkets/ Hypermarket, Pharmacies/Health Stores, and Convenience Stores) |
Country Scope |
Japan |
Report Coverage |
Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast |
Key Players Covered in the Report |
Yakult Honsha Co., Ltd, Moringa Milk, Groupe Danone, CHR Hansen, Calpis |
Based on types, the Japan probiotics market is segregated into functional food and beverage, dietary supplement, and animal feed. The functional food & beverages segment is expected to represent a key share of the market during the forecast period owing to consumers growing interest in functional foods, especially probiotics that can support digestive health, growing health trends, and increasing use of probiotics in yogurt. Health benefits beyond traditional nutrition. The consumption of functional foods and beverages is one of the food trends in the world. Increasing popularity of natural health foods has promoted the sales of products. The risk of illness and the maintenance of general health are expected to increase the demand for supplements. On the other hand, the dietary supplements segment is anticipated to expand at a rapid pace during the forecast period. Unlike medicinal solutions, probiotics are a natural way to treat various diseases related to intestinal health, gastrointestinal diseases, and immunity enhancement. New delivery systems such as chewing gum, carbonated powder, and chewable tablets are estimated to drive the market during the forecast period.
On the basis of distribution, the Japan probiotics market is segregated into supermarkets/ hypermarket, pharmacies/health stores, and convenience stores. The convenience stores segment is expected to represent a key share of the market during the forecast period owing to increasing number of stores and business model that meets the lifestyle needs of consumers. Convenience stores are the preferred sales channel for consumers in most developing countries, providing quality services and competitive prices. On the other hand, the supermarket segment is anticipated to expand at a rapid pace during the forecast period due to the convenience of shopping and the availability of multiple brands.
Segments Covered in the Report
The Japan probiotics market is segmented on the basis of
Types
Distribution
Country
Key Players
Key players competing in the Japan probiotics market include Yakult Honsha Co., Ltd, Moringa Milk, Groupe Danone, CHR Hansen, and Calpis.
Some of these players are using several market strategies including mergers, acquisitions, partnerships, collaborations, capacity expansion, and product launches to increase their market shares.
Segments Covered in the Report
The Japan probiotics market is segmented on the basis of
Types
Distribution
Country
Key Players
Key players competing in the Japan probiotics market include Yakult Honsha Co., Ltd, Moringa Milk, Groupe Danone, CHR Hansen, and Calpis.
Some of these players are using several market strategies including mergers, acquisitions, partnerships, collaborations, capacity expansion, and product launches to increase their market shares.
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