Global Probiotics Market to See High CAGR Growth of 7.0% by 2025
The Global Probiotics Market is expected to reach USD 78.42 billion by 2025, from USD 45.64 billion in 2017, growing at a CAGR of 7.0% during the forecast period of 2018 to 2025. They are present in foods or supplements, containing friendly bacteria to help establishing a colony in human body guts with health-boosting microorganisms. The have exactly the right bacteria in them, which are linked to various health benefits.
Probiotics are microorganisms naturally present in the digestive tract that aid in digestion and reduce inflammation.While a person can take probiotic supplements, there are also many probiotic foods available.Probiotics are live bacteria and yeasts that are good for you, especially your digestive system.
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Market Segmentation: Global Probiotics Market
- Based on end user, the global probiotics market is segmented into human and animal.
- The global probiotics market is segmented based on application, source, form, end user and geographical segments.
- On the basis of source, the global probiotics market is classified into bacteria and yeast. The bacteria segment is further sub segmented into dairy products, baked goods, non-dairy beverages, fermented meat and cereal. The baked goods market segment is again sub segmented into lactobacilli and Bifidobacterium. The lactobacilli sub segment is again sub sub-segmented into lactobacillus acidophilus, lactobacillus rhamnosus, lactobacillus casei, and lactobacillus rheuteri.
- On the basis of form, the global probiotics market is segmented into dry and liquid.
- Based on application, the global probiotics market is segmented into automated functional food & beverages, dietary supplements and animal feed. The functional food & beverages market segment is further sub segmented into dairy products, baked goods, non-dairy beverages, fermented meat and cereal. The baked goods market segment is again sub segmented into types of probiotic bacterial strains used in baked goods.
- Based on geography, the global probiotics market report covers data points for 28 countries across multiple geographies namely North America & South America, Europe, Asia-Pacific and, Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa and, Brazil among others.
Global Probiotics Market is the most promising market research report which has been framed in the way you foresee. As today’s businesses insist the market research analysis before taking any verdict about the products, opting such market research report is essential for the businesses. This Global Probiotics Market research report deals with an array of important market related aspects which can be listed as follows; market size estimations, company and market best practices, entry level strategies, market dynamics, positioning, segmentations, competitive landscaping and benchmarking, opportunity analysis, economic forecasting, industry-specific technology solutions, roadmap analysis, and in-depth benchmarking of vendor offerings.
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Major Market Competitors/Players: Global Probiotics Market
Some of the major players operating in the global probiotics market are Chr. Hansen Holding A/S, Yakult Honsha Co., Ltd., Société des Produits Nestlé, DuPont Nutrition & Health, MORINAGA & CO., LTD., LALLEMAND Inc., PROBI, Biogaia, Protexin, Attune Foods, Daflorn Ltd., Danisco, Biocare Copenhagen, ecologicinside, Chr. Hansen Holding A/S, danone, bifodan, Yakult USA., Arla Foods Deerland Enzymes, Inc. and Nebraska Cultures, among others.
Competitive Analysis: Global Probiotics Market
The global probiotics market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of absorbable and probiotics market for global, Europe, North America, Asia Pacific and South America.
Major Market Drivers and Restraints:
- Technological advancements in probiotic products.
- Health benefits associated with probiotic fortified foods.
- Increase in popularity of probiotic dietary supplements.
- International standards and regulations for probiotic product quality
- Participation of international bodies in research & development of probiotic products.
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