Top 10 Probiotics Companies | Beneficial Bacteria For Health Improvement
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Table of Contents
Probiotics Market Overview
Probiotics are beneficial bacteria that can enhance your health and improve the balance of the gut microbiome, especially after illness or medical treatment. They also play a role in supporting your immune system.
Consuming probiotics has been linked to positive effects like regulating the gut’s bacterial community, increasing the production of short-chain fatty acids (SCFA), and lowering the chances of developing conditions such as type 2 diabetes, irritable bowel syndrome, colon cancer, and obesity.
The probiotics market is rising due to heightened health awareness and a growing preference for natural products. Consumers’ increasing interest in healthcare and the acknowledged health benefits of probiotics are fuelling this growth.
Demand is further bolstered by the popularity of functional foods, which provide essential nutritional support and improve overall health. Digestive issues and related ailments in many individuals have led to industry players’ focus on probiotic production to address these health concerns.
Additionally, the expansion of the food and beverage industry, supported by increased consumer spending and government backing, is a significant driver. The demand for fortified foods also plays a role in market growth. Furthermore, the evolution of distribution channels, such as supermarkets and online retail stores, is set to drive the global probiotics market in the coming period.
The global probiotics market is projected to reach approximately USD 131.0 billion by 2032, up from USD 62.4 billion in 2022, with a CAGR of 7.9% from 2022 to 2032.
Probiotics Market: Top Key Players
|Key Management||Antoine Bernard de Saint-Affrique (CEO)|
|Revenue (US$ Bn)||$29.72 Bn (2022)|
Danone, a multinational food company founded in 1919 and headquartered in Paris, France, is renowned for its diverse range of dairy and plant-based products and specialized infant and child nutrition. With brands like Actimel, Activia, and Evian in its portfolio, Danone is dedicated to promoting health through food.
The company’s commitment extends to sustainability, seeking to harmonize business goals with social and environmental responsibility, encouraging healthier eating habits, supporting local communities, and minimizing environmental impact. Operating in over 120 countries, Danone remains a global leader in the food and beverage industry, continuously innovating to align with changing consumer preferences while positively impacting the world’s food landscape.
Danone has a global presence in over 120 countries and regions worldwide.
- In September 2023, Danone initiated a worldwide strategic partnership program to empower the Renew Danone initiative.
- In February 2023, Danone North America recently unveiled a substantial $65 million investment to foster sustainable long-term business expansion. This substantial financial commitment will result in heightened production capacities for various popular coffee and creamer brands Danone offers in the United States. These brands include International Delight, Silk, and SToK.
|Key Management||Ulf Mark Schneider (CEO)|
|Revenue (US$ Bn)||$102.11 billion (2022)|
|Headcount||~ 275,000 (2022)|
Nestlé, established in 1866, is a Swiss multinational corporation renowned for its presence in the global food and beverage industry. Nestled in Vevey, Switzerland, the company boasts a diverse product portfolio encompassing food, beverages, health science, and nutrition, featuring internationally acclaimed brands. From bottled water, coffee, and infant nutrition to pet care and confectionery, Nestlé’s offerings are extensive.
Guided by a mission to enhance quality of life and promote a healthier future, Nestlé is committed to sustainability and responsible sourcing. With a widespread presence spanning the world, Nestlé remains dedicated to innovation, striving to meet evolving consumer demands while upholding its position as a leading global player in the food and beverage sector.
Nestlé’s operational network extends to approximately 186 countries worldwide, encompassing various regions such as the United States, Switzerland, China, Brazil, and numerous others.
- In July 2023, In India, Nestlé announced its plans to invest ₹4,200 crore between 2023 and 2025 to bolster manufacturing and expand capacity in key segments, including food, chocolate, confectionery, and nutrition.
- In May 2022, Nestlé Health Science, a division of Nestlé SA, announced that it is set to acquire Puravida, a Brazilian nutrition and lifestyle brand. This strategic move aims to enhance and diversify Nestlé’s product offerings across consumer and healthcare professional channels.
|Key Management||Sumiya Hori (Chairman)|
|Revenue (US$ Bn)||$3,687.5 million (2022)|
|Headcount||~ 29,880 (2022)|
About Yakult Honsha
Yakult Honsha Co., Ltd., established in 1955, is a Japanese multinational corporation headquartered in Tokyo, Japan. The company specializes in probiotic dairy products and beverages, gaining global recognition for its signature product, Yakult, which contains the beneficial Lactobacillus casei Shirota bacteria strain. Yakult’s primary mission centers around promoting digestive health and overall well-being.
With an extensive production facility network and distribution channels, Yakult serves consumers in more than 40 countries worldwide. Beyond probiotics, the company also emphasizes research and development in advanced biotechnology and healthcare solutions. With a steadfast dedication to science-based nutrition and a widespread international presence, Yakult maintains its leadership in the probiotics and dairy industry.
Yakult Honsha Co., Ltd. operates in over 40 countries, serving a global consumer base.
- In August 2023, Guangzhou Yakult, a subsidiary of Yakult Honsha, expanded its presence by establishing a branch in Shantou, located in the Guangdong Province of China. This strategic move is in line with the company’s ongoing expansion efforts.
- In June 2023, in Jiangsu Province, China, Yakult (China) Corporation, or simply Yakult China, opened a new branch in Xuzhou. This branch is a key part of their distribution plan. It will sell Yakult, Yakult Light, and Yakult 50 Billion Light fermented milk drinks in various retail locations, including supermarkets, across Jiangsu Province, China.
|Key Management||Tom Moran (Chairman)|
|Revenue (US$ Bn)||$9.44 billion (2022)|
|Headcount||~ 23,000 (2022)|
About Kerry Group
Founded in 1972 and headquartered in Tralee, Ireland, Kerry Group is a highly regarded worldwide leader in the taste and nutrition domain. The company specializes in developing and manufacturing a broad spectrum of ingredients, flavors, and consumer food items for the food and beverage sector. Renowned for its strong commitment to innovation, Kerry Group is celebrated for its capacity to elevate the sensory appeal of food and beverages, catering to various industries, including food, beverages, and pharmaceuticals.
Operating in over 150 countries, their extensive global presence underscores their dedication to assisting customers in creating products that are tastier, healthier, and more appealing to consumers. Kerry Group’s unwavering focus on sustainability and responsible sourcing perfectly aligns with its mission to meet evolving consumer preferences and industry trends. It establishes them as prominent in the worldwide taste and nutrition landscape.
Kerry Group has a broad international footprint, with operations spanning various regions, including Europe, North America, Asia-Pacific, Latin America, and the Middle East & Africa. This extensive global reach enables the company to operate in more than 150 countries worldwide.
- In December 2023, KerryNutri Guide, a nutrition score tool, will launch. It is aimed at assisting manufacturers in optimizing their product’s nutritional profile and ensuring compliance with various front-of-pack regulations.
- In March 2023, Kerry Group introduced SucculencePB, an innovative solution designed to elevate the succulence and juiciness of plant-based meat products, marking a significant advancement in the plant-based food industry.
|Key Management||Peter Rothschild (President)|
|Revenue (US$ Bn)||$ 26.31 million (2022)|
|Headcount||~ 212 (2022)|
BioGaia AB, founded in 1990 and headquartered in Stockholm, Sweden, is a pioneering biotech firm specializing in developing and marketing innovative probiotic products. With a primary focus on improving gastrointestinal and oral health, BioGaia harnesses the potential of probiotics to enhance overall well-being. Their flagship offering, BioGaia ProTectis, is a widely recognized probiotic supplement appreciated for its effectiveness in bolstering digestive health and supporting the immune system.
The company’s expertise extends to various applications, including infant care, oral health, and women’s health. BioGaia’s unwavering commitment to scientific research and clinical studies underscores its dedication to offering consumers safe, evidence-based probiotic solutions worldwide. With an expanding presence in more than 100 countries, BioGaia maintains its position as a leader in the probiotics industry, contributing to the health and vitality of individuals of all ages.
BioGaia AB maintains a worldwide presence, with operations spanning diverse regions such as Europe, North America, Asia-Pacific, and other significant markets. This global reach encompasses many countries, including Sweden, the United States, China, Japan, and others.
- In June 2023, BioGaia unveiled a new Prenatal Care product specifically aimed at expectant mothers and women in the pre-conception phase.
- In December 2022, BioGaia AB, via its U.S. subsidiary BioGaia Biologics Inc., completed the purchase of all shares in Nutraceutics, which previously served as its U.S. distributor. This strategic acquisition enhanced BioGaia’s presence and market position in the United States.
|Key Management||Christopher A. Sinclair (Chairman)|
|Revenue (US$ Bn)||$15,551.4 million (2022)|
|Headcount||~ 40,000 (2023)|
About Reckitt Benckiser
Reckitt Benckiser Group plc, a British multinational company founded in 1823 and headquartered in Slough, England, is a global leader in consumer health and hygiene. With a diverse portfolio of household, health, and hygiene brands, including names such as Dettol, Lysol, Nurofen, and Strepsils, Reckitt Benckiser is committed to improving the health and well-being of people around the world.
The company’s core mission is to create innovative solutions for everyday health and hygiene challenges. Beyond its consumer products, Reckitt Benckiser also operates in the pharmaceutical and infant nutrition sectors, providing a wide range of products and services. Reckitt Benckiser remains a prominent player in the global consumer goods and healthcare industry, strongly dedicated to sustainability, responsible business practices, and a presence in over 190 countries.
Reckitt Benckiser Group plc has a global presence in over 190 countries across various regions, including Europe, North America, Asia-Pacific, and Latin America.
- In February 2022, Reckitt Benckiser Group plc and Diversey Holdings, Ltd. revealed a collaboration to broaden the range of Lysol and Dettol Pro Solutions available in the business-to-business (B2B) sector.
- In February 2021, Yellow Wood Partners LLC acquired the Scholl footcare brand from Reckitt Benckiser Group plc, which has a global presence excluding the Americas. This acquisition marked the reunion of Scholl with Dr. Scholl’s brand after more than three decades of being under separate ownership.
|Key Management||Tom Rönnlund (CEO)|
|Revenue (US$ Bn)||$63.3M (2022)|
|Headcount||~ 176 (2023)|
Probi AB, a Swedish biotech firm established in 1991 and headquartered in Lund, Sweden, is a pioneering leader in probiotics. Their primary focus lies in developing and manufacturing innovative probiotic solutions for various aspects of health and well-being, including digestive health, immune support, and overall vitality. Probi excels in catering to various industries, spanning dietary supplements, functional foods, and pharmaceuticals, by offering tailored probiotic strains and formulations.
The company places significant importance on scientific research and clinical trials to ensure the effectiveness and safety of its probiotic products. With a global presence and partnerships worldwide, Probi remains at the forefront of driving advancements in the probiotics industry, granting individuals access to high-quality, scientifically validated probiotic solutions.
Probi AB has a worldwide reach, with operations spanning numerous countries like Europe, North America, Asia-Pacific, and beyond. This global presence extends to countries such as Sweden, the United States, China, and others.
- In July 2021, Probi initiated a fresh collaboration with Oriflame and introduced a product centered around Probi Digestis with a primary emphasis on promoting digestive health.
- In July 2021, Probi committed around NZD 9 million towards newly issued shares in Blis Technologies Ltd, representing a 13% ownership stake. This substantial investment forms a pivotal element of their enduring strategic partnership.
|Key Management||Audrey St. Onge (President &CEO)|
|Revenue (US$ Bn)||$1.4 Billion (2022)|
|Headcount||~ 4,500 (2023)|
Lallemand Inc., founded in 1915 and headquartered in Montreal, Canada, is a global leader in producing and distributing yeast, bacteria, and other microorganisms for various applications. The company specializes in providing innovative solutions for the food, beverage, healthcare, and agricultural industries.
With a strong commitment to research and development, Lallemand has developed a wide range of yeast and bacteria strains and enzymes to enhance the quality, taste, and nutritional value of products. They are also a prominent player in probiotics and offer a diverse portfolio of products to support digestive health. Lallemand’s global presence and dedication to scientific advancement make them a trusted partner for companies seeking to improve their products and processes.
Lallemand Inc. maintains a worldwide reach, spanning diverse regions such as North America, Europe, South America, Asia-Pacific, and beyond. This global presence encompasses operations in numerous countries, including Canada, the United States, France, and Brazil.
- In August 2022, Lallemand strategically acquired BASF’s baking enzymes portfolio and business to broaden its product offerings and strengthen its global presence.
|Key Management||Edith Schippers (President)|
|Revenue (US$ Bn)||$9004.4 million (2022)|
|Headcount||~ 21,054 (2017)|
DSM (Royal DSM N.V.), a Dutch multinational corporation established in 1902 and headquartered in Heerlen, the Netherlands, is a global leader in providing innovative nutrition, health, and sustainable living solutions. DSM operates in various sectors with a diverse portfolio, including human and animal nutrition, personal care, pharmaceuticals, and materials.
The company’s core mission addresses global challenges such as malnutrition, climate change, and resource scarcity. DSM’s innovative products and solutions span from vitamins, nutritional ingredients, and biotechnology to advanced materials and sustainable solutions. Their commitment to sustainability, scientific research, and partnerships underscores their goal of creating a brighter, more sustainable future for people and the planet.
DSM (Royal DSM N.V.) operates globally in diverse regions like Europe, North America, Asia-Pacific, and beyond. This extensive global reach encompasses operations in numerous countries, including the Netherlands, the United States, China, Brazil, and many more.
- In May 2023, DSM and Firmenich disclosed that Firmenich had become a fully owned subsidiary of DSM-Firmenich AG, marking the finalization of the merger of equals between the two companies.
- In April 2023, Royal DSM, a global leader in health, nutrition, and bioscience, is in exclusive talks to acquire Adare Biome, a postbiotics pioneer, from Adare Pharma Solutions for €275 million. This deal reflects a 2023 EV/EBITDA multiple of 18x.
|Key Management||Julie Smolyansky (CEO)|
|Revenue (US$ Bn)||$113.7M (2022)|
|Headcount||~ 316 (2017)|
About Lifeway Foods
Lifeway Foods, Inc., founded in 1986 and headquartered in Morton Grove, Illinois, is a pioneering American food company specializing in probiotic and cultured dairy products. Renowned for its commitment to promoting digestive health and overall well-being, Lifeway Foods offers an extensive range of products, prominently featuring kefir, a probiotic-rich fermented milk beverage.
Beyond kefir, the company provides a diverse array of dairy-based and dairy-free offerings, including yogurt and cheese, all designed to meet the nutritional needs of consumers. Lifeway Foods is equally dedicated to sustainability, sourcing high-quality ingredients, utilizing eco-friendly packaging, and actively supporting local communities. With a presence in the United States and internationally, Lifeway Foods remains a leader in the probiotics and cultured dairy industry, contributing to healthier lifestyles and dietary choices for individuals worldwide.
Lifeway Foods, Inc. is in multiple countries, including the United States, Canada, Mexico, and others.
- In August 2023, Lifeway Foods unveiled its intentions to enhance capacity and operational efficiencies in producing farmer cheese. This strategic move is in response to the increasing demand for viral recipes that incorporate blended cottage cheese.
- In July 2022, Lifeway Foods revealed a partnership agreement with Edward and Ludmila Smolyansky, who jointly hold a 34.9% ownership stake in the company. This collaboration aims to bolster Lifeway Foods’ growth and drive innovation.
He has been helping in business of varied scales, with key strategic decisions. He is a specialist in healthcare, medical devices, and life-science, and has accurately predicted the trends in the market. Anurag is a fervent traveller, and is passionate in exploring untouched places and locations. In his free time, he loves to introspect and plan ahead.
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