Market Dynamics The global bacillus market exhibited robust performance in 2021 and is poised to maintain a steady revenue CAGR of 7.43% throughout the forecast period. The growth in market revenue primarily stems from the increased utilization of foods and feeds containing probiotic bacillus as dietary supplements for humans, growth promoters for animals, and growth regulators or disease preventers in aquaculture.
Bacillus species, characterized by their rod-shaped, gram-positive, aerobic, or facultatively anaerobic nature and ability to produce endospores, play a significant role across various industries. These bacteria possess a diverse range of physiological traits, enabling them to thrive in different natural habitats. Their capability to produce a variety of enzymes, antibiotics, and other metabolites renders them indispensable in medicinal, pharmaceutical, agricultural, and industrial applications.
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Two well-known antibiotics derived from bacillus species are bacitracin and polymyxin. Their resilience in harsh acidic environments makes them highly sought after in probiotics, particularly those targeting the human digestive system. Additionally, their benefits extend to both human and animal consumption, including improved immunity, respiratory ailment prevention, and anti-carcinogenic properties.
Key Drivers of Global Bacillus Market Revenue Growth: The cosmetic industry is anticipated to drive demand for bacillus coagulans due to its numerous benefits in treating acne and skin disorders. Cosmetic companies are introducing new anti-aging products incorporating organic ingredients such as face masks, lotions, scrubs, gels, and creams.
Factors Hindering Global Bacillus Market Revenue Growth: While the side effects of probiotic products are minimal, dosage errors may lead to bloating and intestinal gas. Additionally, certain strains of B. bacteria may not be suitable for use as probiotics. Moreover, stringent government regulations for probiotic product approval are anticipated to impede market growth.
Revenue Growth Driven by Type Segmentation in the Global Bacillus Market: The market can be segmented into bacillus thuringiensis, coagulans, and subtilis. Significant growth in demand for bacillus coagulans is expected during the forecast period. B. subtilis is known for producing medically useful antibiotics, while B. thuringiensis is widely used as an insecticide spray in organic farming. Bacillus coagulans finds application in treating constipation and irritable bowel syndrome.
Leading Application Segment in the Global Bacillus Market: Segmentation by application includes agriculture, food, and pharmaceuticals. The functional food segment is anticipated to command a significantly higher revenue share. Bacillus species are found in various functional foods such as cereals, gels, bars, and gummies, as well as in baked goods, sports drinks, and dairy products, owing to their remarkable stability even under high-temperature processing conditions like baking.
Asia Pacific Region to Dominate Global Bacillus Market Revenue Share: The Asia Pacific region is expected to hold the largest revenue share and witness a notably higher CAGR in terms of volume. The region's revenue growth can be attributed to increased investments in the commercial production of functional food products with robust stability properties. Markets in India, China, and Japan are projected to remain highly lucrative. Moreover, growing consumer awareness regarding the nutritional and health-promoting properties of probiotics has bolstered demand for these products in the local market.
Key Players in the Market: Bayer (Germany) BASF SE (U.S.) Mariani Packing Company (U.S.) Jocanima (Philippines) Tonglu Huifeng (China) Ganeden (U.S.) Sabinsa (U.S.) Mitsubishi (Japan) Hansen Holding A/S (Denmark) Mystical Biotech Pvt. Ltd. (India)
Strategies and Objectives of Major Companies: On June 9, 2020, Mariani Packing Company, a U.S.-based food products supplier, introduced probiotic products in single-serve packs featuring two fruit varieties. These products, packaged in weekly 7-day supply cartons, combine bacillus coagulans probiotics with prebiotics found in fruits, thereby enhancing immune and digestive wellness. On June 9, 2020, Chr. Hansen announced the acquisition of UAS Laboratories LLC to expand its microbial platform and strengthen probiotic production flexibility. This acquisition aligns with Chr. Hansen's strategy to broaden its microbial platform and enhance its Human Health business.
Market Segmentation: Type Outlook (Revenue, USD Billion; 2019-2030) Bacillus Coagulans Bacillus Subtilis Bacillus Thuringiensis Other Application/End Use Outlook (Revenue, USD Billion; 2019-2030) Agriculture Food Pharmaceuticals Regional Outlook (Revenue, USD Billion; 2019-2030) North America Europe Asia Pacific Latin America Middle East & Africa
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