by The global Next Generation Probiotics Market is estimated to be valued at US$ 186.93 Mn in 2023 and is expected to exhibit a CAGR of 11.% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.
Market Overview:
Next generation probiotics products are dietary supplements containing live microorganisms that provide health benefits when consumed. These products work by improving the balance of gut microbiota and strengthen the immune system. They are effective replacements for traditional probiotics in treatment of various digestive disorders and illnesses.
Market key trends:
One of the key trends in the next generation probiotics market is the increasing focus on development of genetically modified strains of probiotic bacteria. Traditionally used probiotic strains lack certain traits that are desirable for conferring optimal health benefits. Research is underway to develop genetically engineered probiotic bacteria using synthetic biology and gene editing tools. For instance, researchers are modifying probiotic strains to make them more acid-tolerant and able to adhere better to gut epithelia. This enables them to survive the hostile environment of gastrointestinal tract and colonize more effectively. Development of such enhanced bacterial strains through genetic engineering is expected to open new vistas for next generation probiotics in the coming years.
Market key trends:
One of the key trends in the next generation probiotics market is the use of probiotic strains with enhanced functionality. Compared to traditional probiotics, next generation probiotics can better adapt to different environments like stomach acid and bile salts. They can exert wider ranging health benefits such as immunity support, gut microbiota modulation, mental health support, and antiviral or anti-inflammatory effects. Launch of new probiotic products containing these functionally enhanced strains is expected to drive the next generation probiotics market.
SWOT Analysis
Strength: Next generation probiotics can offer more health benefits than traditional ones due to enhanced functional properties of new probiotic strains.
Weakness: High R&D costs associated with development of new probiotic strains.
Opportunity: Growing awareness about gut health and probiotics among consumers. Rising demand for functional foods and beverages with added gut health benefits.
Threats: Stringent regulatory guidelines regulating probiotic products. Changing consumer preferences and growing popularity of other alternatives like prebiotics.
Key Takeaways
The global next generation probiotics market is expected to witness high growth, exhibiting CAGR of 11% over the forecast period, due to increasing awareness about digestive and gut health.
Regional analysis: Asia Pacific region is expected to dominate as well as exhibit highest growth in the next generation probiotics market during the forecast period due to improving gut health awareness, increasing disposable income, growing functional food industry as well as higher production of probiotics products in the region.
Key players operating in the next generation probiotics market are Pendulum, Amsterdam Winclove Probiotics, Metabogen AB (Biogaia), Exeliom Biosciences, TargEDys, Chr. Hansen Holding A/S, YSOPIA Bioscience, A-Mansia Biotech, Next Gen Probiotics, Evolve Biosystems and DuPont de Nemours, Inc.
*Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it
