Global Probiotics Market is Projected to Register a Healthy CAGR of 7.0%

Posted by peeterdbmr on January 2nd, 2020

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. The upcoming market report contains data for historic years 2015 & 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.

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.

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This market report defines the market trends and forecast the upcoming opportunities and threats of the probiotics market in the next 8 years. Probiotics are live micro-organisms with healthy benefits when consumed. 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.

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.

Market Segmentation: Global Probiotics Market

The global probiotics market is segmented based on application, source, form, end user and geographical segments.

• Based on application, the global probiotics market is segmented into automated functional food & beverages, dietary supplements and animal feed.
• 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.
• On the basis of form, the global probiotics market is segmented into dry and liquid.
• Based on end user, the global probiotics market is segmented into human and animal.
• Based on geography, the global probiotics market report covers data points for 28 countries across multiple geographies namely North America & South America, Europe.

Major Market Drivers and Restraints:

• Health benefits associated with probiotic fortified foods.
• Technological advancements in probiotic products.
• Increase in popularity of probiotic dietary supplements.
• Participation of international bodies in research & development of probiotic products.
• International standards and regulations for probiotic product quality.

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