Taiwan is unique in the world in the research of probiotics! Whether it is for the Taiwan cross-strait or export market, probiotics are definitely the most popular, are you also thinking of joining in this great event to find a probiotic OEM partner to grasp this super business opportunity?

Probiotics are on the rise! Expected to reach $2.429 billion by 2029!

Euromonitor data show that the global market size of probiotic products has reached USD 36 billion in 2017, with an annual growth rate of about 15%~20%; China’s probiotic market is also developing at an extremely fast pace, with an average annual growth rate of about 15%, and is expected to grow to RMB 89.6 billion in 2022.

The growth rate of the global probiotics market has remained stable at 10-15% since 2005. In terms of region, Asia Pacific accounted for the largest share of the global probiotics consumer market, accounting for 47%, followed by Europe, North America and the Middle East, accounting for 22%, 16.5% and 6.5% respectively. As for the mainland probiotics market, in 2014 the probiotics market volume reached 42.3 billion yuan, with an average growth rate of about 17%!

How to Enter Probiotics Market? First, understand the ever-changing range of applications!

From the current market trend, probiotics have matured from the discussion of single strain and number of bacteria to the difference of functional classification. In terms of FUE’s customer service, probiotics for maintaining digestive function are the bulk of the probiotics, which are slowly being extended to include topics such as sleep, intimate care, allergy, depression, etc. The applicable population has changed from infants, toddlers, adults, and the silver-haired are all within the scope of application of probiotics. The applicable population ranges from infants, toddlers, adults, and silver-haired people are all applications of probiotic products.

Weight loss, beauty (hyaluronic acid secretion), and focus are all emerging issues for probiotics, and there are many market segments that have yet to see a significant leader, all of which could be considered for probiotic OEMs to enter the market.