Below are the top companies that are leading the probiotics market.
- Yakult Honsha Co. Ltd. - Yakult Honsha Co. Ltd., established in 1935 and headquartered in Tokyo, Japan, produces and sells fermented milk products, soft drinks, food items, as well as pharmaceutical and cosmetic products. The company operates globally, with over 30 subsidiaries, five branches, and seven plants across four regional segments: the Americas, Asia and Oceania, Europe, and Japan.
Revenue 2023 ($ Millions) - 3,485.8
Main Business Segment – Probiotics\
- Danone S.A. - The company was established in 1919 and is headquartered in Paris, France. Danone is a leading global company specializing in the production of food and beverage products. It operates through three primary segments: Essential Dairy and Plant-Based Products (EPD), Water, and Specialized Nutrition. Within the Specialized Nutrition segment, Danone offers probiotics products.
Revenue 2023 ($ Millions) - 29,872.0
Main Business Segment – Probiotics
- Hansen A/S - Founded in 1874, Chr. Hansen A/S, a leading global bioscience company based in Denmark, specializes in developing natural ingredients for the nutrition, food, pharmaceutical, and agricultural industries. The company operates through two key business segments: Food Cultures & Enzymes and Health & Nutrition. Under its Food Cultures & Enzymes segment, Chr. Hansen offers probiotics strains for various applications such as dietary supplements, functional food & beverages, etc.
In January 2024, Chr. Hansen A/S and Novozymes merged to form “Novonesis,” a leading solutions company.
Revenue 2023 ($ Millions) - 1,416.2
Main Business Segment – Probiotics
- DSM-Firmenich - DSM-Firmenich (1895), headquartered in the Netherlands, operates in nutrition, health, and materials. In 2023, DSM and Firmenich merged as equals to form DSM-Firmenich. The company offers various solutions, including natural, nutritional, and renewable ingredients for human and animal nutrition.
It operates through five primary business segments: perfumery & beauty, taste, texture & health, health, nutrition & care, animal nutrition & health, and corporate activities. The company provides various probiotics products within its health, nutrition & care segment.
Revenue 2023 ($ Millions) - 11,494.2
Main Business Segment – Probiotics
- Kerry Group Plc - Kerry Group plc (1972), a leading ingredient manufacturing company based in Ireland, provides various nutritional and functional solutions for the pharmaceutical, food, and beverage industries. The company operates through two main business segments: Taste & Nutrition and Dairy Ireland. Within its Taste & Nutrition segment, Kerry Group offers a variety of probiotic strains.
Revenue 2023 ($ Millions) - 8,674.5
Main Business Segment – Probiotics
- ADM – ADM (1902) is a U.S.-based food processing company that also specializes in food ingredients. It operates through four primary business segments: carbohydrate solutions, ag services and oilseeds, nutrition, and other businesses. ADM offers its probiotic products through the nutrition segment, which features a diverse product portfolio. Its products serve multiple sectors, including dietary supplements, pharmaceuticals, food and beverage, and personal care products.
Global Headquarters - United States
Revenue 2023 ($ Millions) - 93,935
Main Business Segment – Probiotics
- Nestle - The company was established in 1866 and is headquartered in Vevey, Switzerland. It is the largest global food and beverage manufacturing and marketing company, features over 2,000 brands and has a presence in 188 countries. With 340 manufacturing facilities in 76 countries.
Revenue 2023 ($ Millions) - 103,584.0
Main Business Segment – Probiotics
- Probi - Probi is a leading company specializing exclusively in probiotics. Established in 1991 and headquartered in Sweden, the company operates across more than 40 global markets and holds over 400 patents worldwide. Probi's probiotic strains are incorporated into functional food products, including developing a highly successful fruit drink with various flavors and guaranteed CFU (colony-forming unit) values.
Revenue 2023 ($ Millions) - 59.2
Main Business Segment – Probiotics
- Novozymes A/S - Novozymes A/S (2000), a subsidiary of the Novozymes Group, is the world's leading producer of industrial enzymes. The company is involved in various sectors, including household detergents (household care), bioenergy, food and beverage, agriculture (grain and tech processing), animal health, pharmaceuticals, and animal nutrition. It offers probiotics strains for various applications such as mental health, gut health, immune support, etc.
Global Headquarters - Denmark
Revenue 2023 ($ Millions) - 2,598.2
Main Business Segment – Probiotics
- International Flavors & Fragrances Inc. - International Flavors & Fragrances, Inc. (1958) is a leading producer of flavors and fragrances for personal care, food, beverage, and pharmaceutical industries. The company functions through four key business segments: Nourish, Health & Biosciences, Scent, and Pharma Solutions. Through its Health & Biosciences segment, the company offers various probiotic strains for various applications, such as digestive health, Immune Health, Intimate Health, Metabolic Health, and Brain Health.
Global Headquarters - New York, United States
Revenue 2023 ($ Millions) - 11,479
Main Business Segment - Probiotics
In conclusion, the probiotics market is on a dynamic growth trajectory, driven by increasing consumer awareness of digestive health and the demand for dietary supplements. With continued scientific research and product innovation, the industry is well-positioned to capitalize on emerging opportunities and overcome challenges, paving the way for a promising future.
Learn More and Take Action:
Consider becoming a member of the BCC Research library and gain access to our full catalog of market research reports in your industry. Not seeing what you are looking for? We offer custom solutions too, including our new product line: Custom Intelligence Services.
Contact us today to find out more.
