Canada Probiotic Ingredients Market Size & Outlook
Related Markets
Canada probiotic ingredients market highlights
- The Canada probiotic ingredients market generated a revenue of USD 84.9 million in 2023 and is expected to reach USD 157.3 million by 2030.
- The Canada market is expected to grow at a CAGR of 9.2% from 2024 to 2030.
- In terms of segment, dry/powder was the largest revenue generating form in 2023.
- Liquid is the most lucrative form segment registering the fastest growth during the forecast period.
Probiotic ingredients market data book summary
| Market revenue in 2023 | USD 84.9 million |
| Market revenue in 2030 | USD 157.3 million |
| Growth rate | 9.2% (CAGR from 2024 to 2030) |
| Largest segment | Dry/powder |
| Fastest growing segment | Liquid |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Dry/Powder, Liquid |
| Key market players worldwide | Kerry Group PLC Class A, Koninklijke DSM NV, DuPont de Nemours Inc, Associated British Foods PLC, Lallemand, Archer-Daniels Midland Co, Advanced Enzymes, Probi AB, Chr. Hansen, Bluestar Adisseo Co. |
Other key industry trends
- In terms of revenue, Canada accounted for 3.0% of the global probiotic ingredients market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. probiotic ingredients market is projected to lead the regional market in terms of revenue in 2030.
- Mexico is the fastest growing regional market in North America and is projected to reach USD 91.9 million by 2030.
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Probiotic Ingredients Market Scope
Probiotic Ingredients Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Chr. Hansen | View profile | 10001+ | Hørsholm, Hovedstaden, Denmark, Europe | http://www.chr-hansen.com/en |
| Bluestar Adisseo Co. | View profile | 1001-5000 | Beijing, Beijing, China, Asia | http://www.bluestar-adisseo.com |
| Probi AB | View profile | 167 | Ideongatan 1 A, Lund, Sweden, SE-223 70 | https://www.probi.com |
| Lallemand | View profile | 5001-10000 | Rexdale, Ontario, Canada, North America | http://www.lallemand.com |
| Advanced Enzymes | View profile | 251-500 | Thane, Maharashtra, India, Asia | http://www.advancedenzymes.com |
| Kerry Group PLC Class A | View profile | 21000 | Prince's Street, Tralee, Kerry, Ireland, V92 EH11 | https://www.kerry.com |
| DuPont de Nemours Inc | View profile | 24000 | 974 Centre Road, Building 730, Wilmington, DE, United States, 19805 | https://www.dupont.com |
| Archer-Daniels Midland Co | View profile | 41802 | 77 West Wacker Drive, Suite 4600, Chicago, IL, United States, 60601 | https://www.adm.com |
| Associated British Foods PLC | View profile | 133000 | 10 Grosvenor Street, Weston Centre, London, United Kingdom, W1K 4QY | https://www.abf.co.uk |
| Koninklijke DSM NV | View profile | 20682 | Het Overloon 1, P.O. Box 6500, Heerlen, LI, Netherlands, 6411 TE | https://www.dsm.com |
Canada probiotic ingredients market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to probiotic ingredients market will help companies and investors design strategic landscapes.
Dry/powder was the largest segment with a revenue share of 84.1% in 2023. Horizon Databook has segmented the Canada probiotic ingredients market based on dry/powder, liquid covering the revenue growth of each sub-segment from 2018 to 2030.
- Canada Probiotic Ingredients Form Outlook (Revenue, USD Million, 2018-2030)
- Dry/Powder
- Liquid
- Canada Probiotic Ingredients Ingredient Outlook (Revenue, USD Million, 2018-2030)
- Bacteria
- Lactobacilli
- Bifidobacterium
- Streptococcus
- Other Genus
- Yeast
- Spore Formers
- Bacteria
- Canada Probiotic Ingredients Application Outlook (Revenue, USD Million, 2018-2030)
- Food & Beverages
- Dairy
- Cereals
- Baked Food
- Others
- Dietary Supplements
- Chewanles & Gummies
- Capsules
- Powders
- Tablets
- Soft Gels
- Others
- Animal Feed
- Others
- Food & Beverages
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Target buyers of Canada probiotic ingredients market databook
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Our clientele includes a mix of probiotic ingredients market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Canada probiotic ingredients market , including forecasts for subscribers. This country databook contains high-level insights into Canada probiotic ingredients market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Canada probiotic ingredients market size, by form, 2018-2030 (US$M)
Canada Probiotic Ingredients Market Outlook Share, 2023 & 2030 (US$M)
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