Brazil Probiotics Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Brazil Probiotics Market is segmented by Type (Probiotic Food, Probiotic Drinks, Dietary Supplements, and Animal Feed) and Distribution Channel (Supermarket/Hypermarket, Pharmacies and Drug Stores, Convenience Stores, Online Channels, and Other Distribution Channels)

Brazil Probiotics Market Size

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brazil probiotics market summary
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Study Period 2019 - 2029
Base Year For Estimation 2023
Forecast Data Period 2024 - 2029
Historical Data Period 2019 - 2022
CAGR 11.00 %
Market Concentration High

Major Players

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*Disclaimer: Major Players sorted in no particular order

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Brazil Probiotics Market Analysis

The Brazilian probiotics market is projected to register a CAGR of 11% during the forecast period.

  • The market has witnessed significant growth, owing to the increasing demand for health and wellness products, coupled with a rise in awareness among consumers for functional beverages.
  • Furthermore, probiotics in the country are majorly available in dairy products, particularly yogurt. Moreover, probiotics have been incorporated into the formulation of various food products, such as bakery, snack bars, and baby foods.
  • In Brazil, digestion is one of the major health benefits preferred by consumers who are looking for and buying dietary supplements. In addition, brands are focusing on attracting consumers and positioning their products with benefits and claims of digestion, clearly on their labeling

Brazil Probiotics Market Trends

This section covers the major market trends shaping the Brazil Probiotics Market according to our research experts:

Increased Demand For Probiotic Yogurt

Probiotics are linked to a host of health benefits, from improving skin to weight loss. In addition, yogurt is the first food that comes to consumers' minds as a food product super-rich in probiotics. Protein-rich Greek yogurt boosted with probiotics also contributes to the market studied. Therefore, manufacturers are producing a quality product to supply additional benefits to the consumers. Additionally, the Brazilian health regulatory agency, ANVISA does not allow manufacturers to produce claims on the packaging saying 'certain dietary supplement is good for digestive system' unless the claim has been scientifically proven. Owing to this, ingredient manufacturers are focusing on developing products with various health benefits and on receiving approvals that support food manufacturers in the country

Brazil Probiotics Market1

Supermarket/Hypermarket Holds Greatest Share in the Sales of Probiotics

Supermarket and hypermarkets are constantly expanding their product offerings, resulting in fierce competition to differentiate these products on their shelves. As a result, the manufacturers are trying to reposition their products as a premium in-store product, catering to special consumer needs, targeting a specific group of consumers. Supermarket aisles are blooming with foods and beverages with labels declaring 'probiotics' on them for consumer demand for favorable bacteria, as they link good digestive and immune health to probiotics. A strong competition modeled by probiotic food and beverages, such as probiotic drinks, yogurt, and bars in the supermarkets, have intensified the sales of the market studied.

Brazil Probiotics Market2

Brazil Probiotics Industry Overview

The Brazilian probiotics market is consolidated, owing to the presence of major players holding the maximum market share. Companies are giving emphasis on new product development, expansion, mergers and acquisitions, and partnerships to attract the attention of consumers. The major players in the market are General Mills, Danone, BioGaia and Lallemand Inc., among others.

Brazil Probiotics Market Leaders

  1. Lallemand Inc.

  2. BioGaia

  3. General Mills

  4. Danone

  5. Bio-K Plus International Inc.

*Disclaimer: Major Players sorted in no particular order

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Brazil Probiotics Market Report - Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Assumptions and Market Definition

    2. 1.2 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

    1. 3.1 Market Overview

  4. 4. MARKET DYNAMICS

    1. 4.1 Market Drivers

    2. 4.2 Market Restraints

    3. 4.3 Porter's Five Forces Analysis

      1. 4.3.1 Threat of New Entrants

      2. 4.3.2 Bargaining Power of Buyers/Consumers

      3. 4.3.3 Bargaining Power of Suppliers

      4. 4.3.4 Threat of Substitute Products

      5. 4.3.5 Intensity of Competitive Rivalry

  5. 5. MARKET SEGMENTATION

    1. 5.1 By Type

      1. 5.1.1 Probiotic Food

      2. 5.1.2 Probiotic Drinks

      3. 5.1.3 Dietary Supplements

      4. 5.1.4 Animal Feed

    2. 5.2 By Distribution Channel

      1. 5.2.1 Supermarkets/Hypermarkets

      2. 5.2.2 Pharmacies and Drug Stores

      3. 5.2.3 Convenience Stores

      4. 5.2.4 Online Retailers

      5. 5.2.5 Other Distribution Channels

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Most Adopted Strategies

    2. 6.2 Market Share Analysis

    3. 6.3 Company Profiles

      1. 6.3.1 Lallemand Inc.

      2. 6.3.2 BioGaia

      3. 6.3.3 General Mills

      4. 6.3.4 Danone

      5. 6.3.5 Bio-K Plus International Inc.

      6. 6.3.6 NextFoods

      7. 6.3.7 BACTICURE

    4. *List Not Exhaustive
  7. 7. MARKET OPPORTUNITIES AND FUTURE TRENDS

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Brazil Probiotics Industry Segmentation

The Brazilian probiotics market is segmented by type into probiotic food, probiotic drinks, dietary supplements, and animal feed. Based on distribution channel, the market is segmented into supermarkets/hypermarkets, pharmacies and drug stores, convenience stores, online channel, and other distribution channels.

By Type
Probiotic Food
Probiotic Drinks
Dietary Supplements
Animal Feed
By Distribution Channel
Supermarkets/Hypermarkets
Pharmacies and Drug Stores
Convenience Stores
Online Retailers
Other Distribution Channels
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Brazil Probiotics Market Research FAQs

The Brazil Probiotics Market is projected to register a CAGR of 11% during the forecast period (2024-2029)

Lallemand Inc., BioGaia, General Mills, Danone and Bio-K Plus International Inc. are the major companies operating in the Brazil Probiotics Market.

The report covers the Brazil Probiotics Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Brazil Probiotics Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.

Brazil Probiotics Industry Report

Statistics for the 2024 Brazil Probiotics market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Brazil Probiotics analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.

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Brazil Probiotics Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)