GCC Probiotic Market Research Report

 

GCC Probiotic Market:

Growth opportunities in the GCC probiotic market look promising over the next six years. This is mainly due to a major role in disease prevention and treatment, diagnosis of mental illness and growing demand for probiotic based medicines as they offer positive results for reduction of chronic diseases risk such as diarrhoea & bowel diseases.

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GCC Probiotic Market Dynamics (including market size, share, trends, forecast, growth, forecast, and industry analysis)

Key Drivers

The prominent role played by the probiotics in prevention and treatment of various diseases coupled with the stimulation of natural digestive enzymes and juices in the body by their ingredients to ensure the proper functioning of the digestive system are the drivers responsible for the growth of the probiotic market. Also, the increasing use of these products to detect mental illness and treat digestive and neurological disorders has resulted in the adoption of probiotics across the GCC countries. Moreover, other factors such as a ban on antibiotic use for animal feeds in European and North American countries, expanding product innovations in the form of biscuits and chocolates, provision in the form of food or supplements, and the surging demand of probiotic based medicines because of the significant results in reducing the risk related to chronic diseases like bowel diseases and diarrhoea concerned with the use of antibiotic will strengthen the probiotic market share.

The accelerating penetration of new forms of retail channels such as hypermarkets and supermarkets has led to rapid change in the landscape for functional food beverages. The penetrated market has witnessed a growth in health-related incidences, which has propelled the market size. However, as per the probiotic market analysis, the risk associated with the infection of probiotics and non-desirable probes will hamper the market size.

Microbial Genus Segment Drivers

Based on the microbial genus, the lactobacillus segment is projected to lead the market during the forecast period owing to the enormous advantages offered by it, like reduction in the level of carcinogenetic enzymes and balancing the production of antimutagenic organic acids. Also, there are more than 50 types of lactobacillus species like crispatus, casei, gallinarum, gasseri, acidophilus, johnsonii, etc., which are used to produce probiotics and have raised the probiotic market size.

Distribution Channel Segment Drivers

Based on the distribution channel, supermarkets/hypermarkets are anticipated to expand at a higher rate over the forecast period. The increasing number of non-grocery retailers, such as mass merchandisers, drugstores, and retail chains, etc., are enlarging their selection in the food supplement space. Supermarkets like Spinneys, Union Coop, Lulu Hypermarket, and Carrefour are considered the best supermarkets in Dubai. Other stores such as Lulu Hypermarket have a significant prevalence in GCC countries with more than 140 stores.

GCC Probiotic Market Segmentation:

Segmentation by Microbial Genus:

·         Lactobacillus

·         Bifidobacterium

·         Yeast

Segmentation by Application:

·         Functional Food and Beverages

·         Dietary Supplements

·         Animal Feed

Segmentation by Distribution Channel:

·         Supermarkets/Hypermarkets

·         Pharmacies/Health Stores

·         Convenience Stores

·         Online Retails

·         Others

Segmentation by Countries:

·         UAE

·         Saudi Arabia

·         Oman

·         Kuwait

·         Rest of GCC

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