by The Bacillus Coagulans Market is estimated to be valued at US$ 722.43 Mn or Mn in 2023 and is expected to exhibit a CAGR of 6.8% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.
Market Overview:
Bacillus Coagulans is a lactic acid bacterium commonly found in the digestive tract, fermented foods and supplements. It is promoted as a probiotic that can withstand stomach acid and bile salts better than other probiotics. Bacillus Coagulans supplements are available in capsule, powder and tablet forms and are marketed to support digestive and immune health, as well as respiratory health. They are commonly used by people suffering from irritable bowel syndrome, diarrhea, constipation and respiratory infections.
Market Dynamics:
One of the key drivers for the Bacillus Coagulans market is the growing demand for probiotic supplements. Probiotics are gaining increased acceptance as a means to maintain or improve gastrointestinal and immune health. Rise in gut health issues and increasing health awareness about maintaining a balanced microbiota composition through use of probiotics supplements is driving the Bacillus Coagulans market growth. Second driver is expanding application scope of Bacillus Coagulans. In addition to digestive health applications, Bacillus Coagulans is being researched for its potential role in supporting oral health, liver health, metabolic health, cardiovascular health and immune health. More studies validating these additional health benefits would increase adoption of Bacillus Coagulans supplements in the forecast period.
Segment Analysis
The Bacillus coagulans market is dominated by the probiotic supplements segment. Probiotic supplements accounted for over 60% share of the overall market in 2022. The increasing preference for natural ingredients rich in probiotics for general wellness and digestive health has boosted the demand for Bacillus coagulans probiotic supplements. Probiotic supplements containing B. coagulans offer various health benefits like supporting gastrointestinal and immune health.
PEST Analysis
Political: There are no significant political factors influencing the Bacillus coagulans market currently.
Economic: The global Bacillus coagulans market is witnessing strong growth owing to rising disposable incomes, growing health consciousness, and increasing spending on nutrition and wellness products across major markets.
Social: Changing lifestyles, rising stress levels, and growing awareness about gut and digestive health have boosted demand for probiotic supplements containing Bacillus coagulans. The demand is more pronounced among health-conscious millennial population.
Technological: Technological advancements have enabled manufacturers to enhance the viability and stability of Bacillus coagulans in supplements through micro-encapsulation and enteric coating techniques. This has augmented the development of innovative delivery formats.
Key Takeaways
The global Bacillus coagulans market size was valued at US$ 722.43 Mn in 2023 and is expected to reach over US$ 1,235 Mn by 2030, expanding at a CAGR of 6.8% during the forecast period. The growth is supported by rising awareness about overall well-being and digestive health benefits offered by B. coagulans.
Regional analysis: North America dominated the Bacillus coagulans market in 2023 with over 40% share. The US market holds significant promise owing to increasing adoption of probiotic supplements for gut health. Asia Pacific is expected to witness fastest growth during the forecast period with China, India, and Japan emerging as highly lucrative markets.
Key players: Key players operating in the Bacillus coagulans market are Ganeden, Sabinsa Corporation, UAS Laboratories, Sanzyme, Mitsubishi Chemical Foods Corporation, Mystical Biotech Pvt. Ltd., Aumgene Biosciences, Unique Biotech Ltd., Nebraska Culture, and Syngem Biotech. These players are focusing on new product launches, capacity expansions and strategic collaborations to strengthen their market presence.
*Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it
About Author - Money Singh
Money Singh is a seasoned content writer with over four years of experience in the market research sector. Her expertise spans various industries, including food and beverages, biotechnology, chemical and materials, defense and aerospace, consumer goods, etc. LinkedIn Profile
