by The Bacillus Coagulans Market comprises a range of food products that contain live microorganisms which provide health benefits when consumed. Probiotic foods include yogurt, kefir, sauerkraut, kimchi and supplements containing Bacillus Coagulans and other beneficial bacteria. Growing popularity of functional foods and the prevention oriented approach towards health management have boosted the demand for probiotic enriched products. Research studies show positive effects of probiotic consumption in improving digestion, boosting immunity and reducing risks of gastrointestinal disorders. These advantages have gained widespread recognition amongst consumers keen on maintaining wellness through diet.
The global Bacillus Coagulans Market is estimated to be valued at US$ 832.24 Mn in 2024 and is expected to exhibit a CAGR of 5.2% over the forecast period 2024 to 2031, as highlighted in a new report published by Coherent Market Insights.
Market key trends:
The Bacillus Coagulans Market size is being driven by the increasing demand for organic and plant-based products. Consumers are preferring products containing natural ingredients over synthetic alternatives due to growing health and environment consciousness. Manufacturers are responding to this trend by developing varied organic and vegan probiotic enriched products like almond yogurts, coconut kefirs, fermented vegetables etc. Further, the adoption of clean-label products bereft of artificial preservatives, colors or sweeteners has been on the rise. Probiotic food producers are hence removing unnecessary additives and adopting minimal processing techniques to cater to this dominant market trend. The production of probiotic food using indigenous bacterial strains specific to regional dietary habits is another notable trend, helping companies expand globally.
Porter’s Analysis
Threat of new entrants: Low requirement for large capital investment makes threat of new entrants medium.
Bargaining power of buyers: Buyers have medium bargaining power due to availability of substitute products.
Bargaining power of suppliers: Suppliers have low to medium bargaining power as Bacillus Coagulans can be produced by several players globally.
Threat of new substitutes: Threat of new substitutes is low as Bacillus Coagulans has some unique functional and probiotic properties.
Competitive rivalry: Intense competition exists between existing players to dominate market share.
Key Takeaways
The global Bacillus Coagulans market is expected to witness high growth. The global Bacillus Coagulans Market is estimated to be valued at US$ 832.24 Mn in 2024 and is expected to exhibit a CAGR of 5.2% over the forecast period 2024 to 2031.
Regional analysis comprises the North America Bacillus Coagulans market dominates with a share of over 40% due to growing consumer awareness regarding probiotic benefits. The Europe Bacillus Coagulans market accounts for over 30% share owing to rising demand for probiotic functional foods and dietary supplements for digestive health in the region.
Key players operating in the Bacillus Coagulans market are Blossom Cup, Diva International Inc., Fleurcup, Intimina, Jaguara, S.R.O., Lune Group Oy Ltd., Lena Cup, Mooncup Ltd., Me Luna Gmbh, Saalt, Llc, Sterne (Si-Line), The Flex Company, And Yuuki Company S.R.O. Some of the major players are focusing on new product launches and technological innovations to gain competitive advantage in the market. For instance, in January 2020, Sabinsa Corporation launched Bacillus Coagulans GBI-30, 6086 with enhanced functionality for gut health.
*Note:
- Source: Coherent Market Insights, Public sources, Desk research
- We have leveraged AI tools to mine information and compile it
