Global Probiotics Ingredients Market Will Reach .56 Billion By 2025Posted by Marsh William on November 13th, 2018 13 November 2018 - The global Probiotics Ingredients Market size is expected to reach USD 3.56 billion by 2025 due to increasing product demand as a result of changing lifestyle and eating habits. Furthermore, rising health awareness among consumers pertaining to weight management is expected to shift their preference towards probiotics. The U.S. Census Bureau estimated that population aged 65 years and above increased from 35 million in 2000 to 49.2 million in 2016, accounting for nearly 15.2% of total population in U.S. The National Health and Nutrition Examination Survey (NHANES) states that more than 50% population of U.S. have vitamin D deficiency. The above mentioned trends are expected to promote consumption of probiotic-fortified food. Increasing R&D in fiber ingredients by functional foods manufacturers is expected to open new avenues for the probiotic ingredients market. Manufacturers have developed and identified proprietary strains of probiotics for specific applications to meet different requirements of different medical conditions. For instance, Lactobacillus fermentum VRI-003 PCC and Lactobacillus rhamnosus HN001 are used to cure eczema. This trend of identifying probiotic strains for specific applications is also expected to boost expansion of the global market. In terms of application, probiotics food and beverages led the global market and is expected to foresee growth as a result of increasing spending on nutritional enrichment in finished goods. The market revenue from food and beverage segment was USD 1.59 billion in 2017. It is expected to reach USD 2.81 billion by 2025, expanding at a CAGR of 7.6% over the forecast period Browse Details of Report @ https://www.hexaresearch.com/research-report/probiotics-ingredients-market Like it? Share it! More by this author |