Market Size of United Kingdom Probiotics Industry
Study Period | 2018 - 2029 |
Base Year For Estimation | 2023 |
Market Size (2024) | USD 1.91 Billion |
Market Size (2029) | USD 2.27 Billion |
CAGR (2024 - 2029) | 3.62 % |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
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UK Probiotics Market Analysis
The United Kingdom Probiotics Market size is estimated at USD 1.91 billion in 2024, and is expected to reach USD 2.27 billion by 2029, growing at a CAGR of 3.62% during the forecast period (2024-2029).
The significant aspect influencing market expansion is consumer preference for natural products. The industry in the United Kingdom is expanding as consumers' concerns about preventative healthcare and the efficacy of probiotic microorganisms on health develops. Demand for probiotics has risen due to a growth in the use of functional foods, which, in addition to providing essential nourishment, can potentially improve health. Obesity, digestive problems, and gastrointestinal infections are major problems most of the population faces. The probiotics industry is fueled by consumer demand for health-related products, particularly among the younger population.
Functional foods and beverages containing probiotics are recognized for enhancing intestinal health and providing other benefits like increased immunity. Additionally, These digestive supplements are being recommended by medical specialists around the region to help consumers who suffer from indigestion or heartburn. According to information supplied by the British health insurance provider Bupa in 2021, almost four out of 10 Britons experience dyspepsia each year. Indigestion symptoms frequently include pain or a burning sensation behind the ribs or higher up in the chest, though it can affect people differently. The point of sale for these supplements through pharmacies and drug stores rose.