Two key growth drivers in the U.S. probiotics market are the expanding application of probiotics in various industries, such as food and beverages, dietary supplements, and animal feed. The increasing demand for probiotic-rich foods and the rising popularity of functional foods are also boosting market growth.
In terms of segment analysis, the U.S. probiotics market can be divided into segments based on product type, application, and distribution channel. The dietary supplements segment is expected to witness significant growth due to the increasing awareness about the health benefits of probiotics. The food and beverages segment is also expected to experience robust growth, driven by the growing demand for probiotic-rich foods.
In the competitive landscape of the U.S. probiotics market, key players such as Chr. Hansen Holding A/S, Danone, Nestle S.A., and Yakult Honsha Co., Ltd. are focusing on product innovation and expanding their product portfolio to gain a competitive edge. Strategic partnerships, mergers, and acquisitions are also common strategies adopted by key players to strengthen their market position and expand their customer base.