Australia Probiotics Market Size, Share, Opportunities, And Trends By Ingredient (Bacteria (Lactobacilli, Bifidobacterium, Streptococcus Thermophilus) Yeast(Saccharomyces Boulardii, Others)), By Form (Liquid, Dry), By Application (Functional Food And Beverages, Dietary Supplements, Animal Feed), And By End-User (Human, Animal) - Forecasts From 2025 To 2030

  • Published : Dec 2024
  • Report Code : KSI061613216
  • Pages : 78
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The Australia probiotics market is anticipated to grow at a CAGR of 4.23%, reaching a market size of US$522.383 million in 2030 from US$424.595 million in 2025.

Probiotics includes microorganisms inclusive of live bacteria and yeast which when administered properly provides various benefits such as improving gut health, immune system, and also assist in weight management. The growth of the probiotics in Australia is propelled by a rising awareness of the health advantages associated with probiotics. The increasing popularity of fermented foods is further contributing to this trend. Additionally, there has been a notable increase in consumption expenditure per household, rising by 5.9% to reach $104,514 between 2020-21 and 2021-22, per the Australian Bureau of Statistics.

Moreover, the ongoing efforts to spread awareness regarding probiotics usage and their benefits among Australian public is further providing major growth opportunities. Various market players operating in the market witnessed a significant growth in their revenues. For instance, in the financial year 2023, Biome Australia’s top line product’s revenue increased by 75%. 

What are the Australia Probiotics Market Drivers?

  • Rising health problems in geriatric population is expected to propel the market expansion

Older generation account for a considerable share of the Australian population and with the ongoing changes in lifestyles demographics this portion faces frequent health problems which also arises due to change lack of physical activities. As per the Australian Institute of Health and Welfare, nearly 85% of older Australians aged 65 years & above have at least one chronic health condition whereas 28% had more than three. 

Such high prevalence rate followed by the growing geriatric population in Australia is expected to bolster the demand for activate probiotics. The data provided by Australian Institute of Health and Welfare, as of June 2022, the older population constituted for 16.4% of Australia’s total population and by June 2030 the percentage share is predicted to reach up to 17.8%. 

  • Growing transition towards healthier lifestyle has propelled the market expansion. 

The risk of facing health issues over time has created a shift towards adopting healthier lifestyle in Australia. People are investing in more in functional food and supplements, according to the research study published by Food Innovation Australia in March 2024, functional and nutritional foods constitute one of the major part of adult diets. 

Moreover, the growing prevalence of various chronic disease and has also bolstered the need to adopt healthier lifestyle options. According to Crohn’s & Colitis Australia’s 2023 survey report, Inflammatory bowel disorder has become a major health concern in the country with most IBDs being lifelong gastrointestinal or chronic. Such growing prevalence had provided major scope for demand and usage of probiotics which improves the overall immune functioning.  

The Australia Probiotics Market Restraints:

  • Stringent regulations and rigorous testing criteria of byproducts can slow down the market growth

Probiotics though provides various health benefits, however sometimes the byproducts can also have side effects such as bloating, constipation and other stomach problems. To prevent such issues from happening, the Australian governing authorities have established certain guidelines for the probiotics to listed for usage. 

Moreover, before their distribution the probiotics goes through rigorous testing which is very time consuming. Such stringent guidelines coupled with dynamic testing criteria can slow down the market growth in Australia

Segment analysis of Australia Probiotics Market:

  • The animal segment based on end-user will grow at constant growth rate.  

By end-user, the animal segment is poised for a positive expansion which is attributable to growing recognition of the value of animal nutrition and health followed by the increase in the number of pets owned, growing emphasis to livestock production, and a shift in the industry towards natural and preventative animal healthcare.

Likewise, the growing meat production in Australia has also made manufacturers of probiotics to use innovative approach in developing customized formulations catered to the particular digestive requirements of meat-producing animals.

Recent Development in the Germany Corporate Wellness Market:

  • In June 2024: Swedish probiotics manufacturer BioGaia AB established its new distribution center in Australia through its newly formed subsidiaries in Sydney. The strategic move came as a part of the company to expand its probiotics business in Australia which holds high penetration rate. 

Australia Probiotics Market is analyzed into following segments follows:

  • By Ingredient
    • Bacteria
    • Yeast
  • By Form
    • Liquid
    • Form
  • By Application
    • Functional Food and Beverages
    • Dietary Supplements
    • Animal Feed
  • By End-User
    • Human
    • Animal

1. INTRODUCTION

1.1. Market Overview

1.2. Market Definition

1.3. Scope of the Study

1.4. Market Segmentation

1.5. Currency

1.6. Assumptions

1.7. Base and Forecast Years Timeline

1.8. Key Benefits to the Stakeholder

2. RESEARCH METHODOLOGY  

2.1. Research Design

2.2. Research Processes

3. EXECUTIVE SUMMARY

3.1. Key Findings

3.2. CXO Perspective

4. MARKET DYNAMICS

4.1. Market Drivers

4.2. Market Restraints

4.3. Porter’s Five Forces Analysis

4.3.1. Bargaining Power of Suppliers

4.3.2. Bargaining Power of Buyers

4.3.3. Threat of New Entrants

4.3.4. Threat of Substitutes

4.3.5. Competitive Rivalry in the Industry

4.4. Industry Value Chain Analysis

4.5. Analyst View 

5. AUSTRALIA PROBIOTICS MARKET BY INGREDIENT 

5.1. Introduction

5.2. Bacteria

5.2.1. Lactobacilli

5.2.2. Bifidobacterium

5.2.3. Streptococcus Thermophilus 

5.3. Yeast

5.3.1. Saccharomyces Boulardii

6. AUSTRALIA PROBIOTICS MARKET BY FORM

6.1. Introduction

6.2. Liquid

6.3. Dry

7. AUSTRALIA PROBIOTICS MARKET BY APPLICATION

7.1. Introduction

7.2. Functional Food and Beverage

7.3. Dietary Supplement

7.4. Animal Feed

8. AUSTRALIA PROBIOTICS MARKET BY END-USER

8.1. Introduction

8.2. Human

8.3. Animal

9. COMPETITIVE ENVIRONMENT AND ANALYSIS

9.1. Major Players and Strategy Analysis

9.2. Market Share Analysis

9.3. Mergers, Acquisitions, Agreements, and Collaborations

9.4. Competitive Dashboard

10. COMPANY PROFILES

10.1. Yakult Australia. PTY LTD

10.2. DuPont

10.3. DANONE

10.4. BJP Laboratories

10.5. Biome Australia Limited

10.6. Life-Space Probiotics

10.7. ProGood

Yakult Australia. PTY LTD

DuPont

DANONE

BJP Laboratories

Biome Australia Limited

Life-Space Probiotics

ProGood