Market Overview

The Global Synbiotic Products Market was valued at USD 1,020.1 million in 2023 and is expected to reach USD 1,930.5 million by 2031 while growing at a CAGR of 8.3% during the forecast period (2024-2031).

*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Market Dynamics

This section of the report will analyze various driving and restraining factors that are expected to have a significant impact on the global synbiotic products market growth. Synbiotic products, a category of dietary supplements or functional foods, combine prebiotics and probiotics for a synergistic health benefit. The term "synbiotic" highlights the cooperative interaction between these components in promoting a healthy balance of gut microflora.

Increasing awareness among consumers about the importance of gut health for overall well-being and growing demand for functional foods drive the synbiotic products market. However, obstacles such as limited consumer awareness and cost considerations may hinder market expansion.

Furthermore, the global synbiotic products industry will be analyzed through various tools including PESTLE analysis, and Porter’s analysis.

Segmentation – By Product Type Analysis

The Global Synbiotic Products Market is segmented among Food and Beverage, Dietary Supplements, Animal Feed, and Others, based on product type. In 2023, Food and Beverage accounted for the majority of the market share*.

*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Segmentation – By Distribution Channel Analysis

The Global Synbiotic Products Market is segmented among Pharmacies/ Health Stores, Supermarkets/ Hypermarkets, Convenience Stores, Online Retail Stores, and Others, based on Distribution Channels. In 2023, Supermarkets/Hypermarkets accounted for the majority of the market share*.

*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Global Synbiotic Products Market: Regional Analysis

Based on region, the market is divided into six regions including North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. In 2023, Europe dominated the market with the highest market share, while Asia Pacific is expected to grow with the highest CAGR during the forecast period (2024 – 2031).

*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Competitive Landscape

Some of the key players operating in the market are Seed Health, Inc., Sabinsa Corporation, Biomin America Inc., Probiotical SpA, Chobani Global Holdings LLC, United Naturals, Herbalife Nutrition Ltd., Yakult Honsha Co. Inc., Pfizer Inc., and Daflorn Ltd.

Table of Contents:

1. Research Methodology and Market Scope

• Research Methodology

• Market Scope

2. Executive Summary

3. Global Synbiotic Products Market Dynamics

• Drivers

• Restraints

• Opportunity

4. Global Synbiotic Products Industry Analysis

• PEST Analysis

• Porter's Five Force Analysis

• Recent Deals Analysis

5. Global Synbiotic Products Market Segmentation, By Product Type

• Global Synbiotic Products Market Share Analysis, By Product Type

• Global Synbiotic Products Market Growth Analysis, By Product Type

• Global Synbiotic Products Market Trends, By Product Type

o Food and Beverage

Ø Dairy

Ø Beverages

Ø Infant Foods

Ø Others

o Dietary Supplements

o Animal Feed

o Others

6. Global Synbiotic Products Market Segmentation, By Distribution Channel

• Global Synbiotic Products Market Share Analysis, By Distribution Channel

• Global Synbiotic Products Market Growth Analysis, By Distribution Channel

• Global Synbiotic Products Market Trends, By Distribution Channel

o Pharmacies/ Health Stores

o Supermarkets/ Hypermarkets

o Convenience Stores

o Online Retail Stores

o Others

7. Global Synbiotic Products Market Segmentation, By Region

• Global Synbiotic Products Market Share Analysis, By Region

• Global Synbiotic Products Market Growth Analysis, By Region

• Global Synbiotic Products Market Trends, By Region

o North America

o Europe

o Asia Pacific

o Latin America

o Middle East

o Africa

8. Competitive Landscape

• Seed Health, Inc*

o Company Overview

o Financial Performance

o Key Development/Strategies

o SWOT Analysis

• Sabinsa Corporation

• Biomin America Inc.

• Probiotical SpA

• Chobani Global Holdings LLC

• United Naturals

• Herbalife Nutrition Ltd.

• Yakult Honsha Co. Inc.

• Pfizer Inc.

• Daflorn Ltd

 *Similar analysis will be provided for each company listed above.