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Probiotics Market in APAC 2020 By Regional Trend, Revenue & Growth Forecast

APAC Probiotics Market size is estimated to cross USD 1.5 bn by 2026, according to a latest forecast report by Graphical Research. Rising consumption of dietary supplements owing to changing consumer buying preferences and rising consumer spending health should boost the APAC probiotics market demand. Further, increasing commercial animal production operations in countries like China and India have led to an increase in the consumption of animal feed additives, such rising consumption of animal feed additives will trigger the market growth.

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Probiotics Market in APAC 2020 By Regional Trend, Revenue & Growth Forecast

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  1. Asia Pacific Probiotics Market to hit $1.5 Bn by 2026: Graphical Research ©2018 Graphical Research. All rights reserved. www.graphicalresearch.com

  2. APAC Probiotics Market size is estimated to cross USD 1.5 bn by 2026, according to a latest forecast report by Graphical Research. Rising consumption of dietary supplements owing to changing consumer buying preferences and rising consumer spending health should boost the APAC probiotics market demand. Further, increasing commercial animal production operations in countries like China and India have led to an increase in the consumption of animal feed additives, such rising consumption of animal feed additives will trigger the market growth. Based on ingredients, bacillus segment is anticipated to register a growth rate of 9.5% between 2020 and 2026. A wide range of substances belonging to the bacillus genus are used as probiotics. Bacillus is used in industries like pharmaceutical and agricultural due to its ability to host enzymes and antibiotics. The rising consumption of pharmaceutical drugs has propelled the consumption of bacillus as pharmaceutical formulations in the Asia Pacific market. Based on application, the APAC probiotics market size from the ingredients dietary supplements segment crossed USD 55 million in 2019 and will observe more than 8.5% CAGR during the forecast period. In past few years, the demand for dietary supplements has soared in Asia Pacific, owing to rising disposable income and rising consumer awareness about health benefits about dietary supplements. Depending upon end-use, the animal probiotic ingredients segment is anticipated to expand at a CAGR of 7.5% through 2026. The global commercial animal production has soared in recent years owing to increasing animal consumption and rising number of household pets. This trend has fueled the consumption of animal feed and feed additives in Asia Pacific. This trend has influenced use of probiotics as animal feed additives for commercial and residential animals. Growing use of probiotics by commercial animal farmers for enhancing animal health has stimulated the probiotic consumption in animal feeding applications, which has stimulated the market growth in animal probiotic ingredients use in Asia Pacific. ©2018 Graphical Research. All rights reserved. www.graphicalresearch.com

  3. Get sample copy of this research report @ https://bit.ly/3bYEibq Request for customization @ https://bit.ly/3fRL6J4 ©2018 Graphical Research. All rights reserved. www.graphicalresearch.com

  4. Increase in the consumption of vitamins, proteins, and minerals owing to rising number of individuals sporting activities has also boosted the consumption of dietary supplements in Asia Pacific. Moreover, availability low cost of raw materials in the Asia Pacific has encouraged new companies to enter the dietary supplements sector. This has led to an introduction of low-cost products into the market. Evolving consumer buying preferences and rising population in China and India has driven the consumption of pharmaceutical and food and beverage industry. Rising consumer spending on wellness and healthcare has driven the consumption of vitamins, minerals, and proteins. This trend has led to an increase in the health awareness about dietary supplements. There has also been a steady rise in the consumption of livestock feed additives in Asia Pacific pertaining to increasing commercial animal production operation in China and India and rising consumption of animals. The consumption of food products such as bakery foods, meat products, and dairy products in countries like India, Vietnam, China, and Japan, pertaining to rising population levels and growing consumption to ready-to-eat foods among young generation. Major players in the APAC probiotics market include DSM Nutritional Products Inc., BY-HEALTH, Probiota Asia, Wellness Foods, Calpis Co. Ltd, Wuhan Nature’s Favour, Bluestar Adisseo Company, Kemin Industries, Lallemand Inc., ECOT China, and TongluHuifeng. ©2018 Graphical Research. All rights reserved. www.graphicalresearch.com

  5. Segmentation of Asia Pacific Probiotics Market : • Asia Pacific Market, By Product • Lactobacilli • Bifidobacterium • Streptococcus • Bacillus • Asia Pacific Market, By End-Use • Human • Animal • Asia Pacific Market, By Application • Food and Beverages • Dairy Products • Non-Dairy Products • Dry Food • Dietary Supplements • Food • Nutritional • Animal Feed ©2018 Graphical Research. All rights reserved. www.graphicalresearch.com

  6. The above information has been provided for the following countries: • Asia Pacific • China • India • Japan • South Korea • Indonesia • Malaysia ©2018 Graphical Research. All rights reserved. www.graphicalresearch.com

  7. About Graphical Research: Graphical Research is a business research firm that provides industry insights, market forecast and strategic inputs through granular research reports and advisory services. We publish targeted research reports with an aim to address varied customer needs, from market penetration and entry strategies to portfolio management and strategic outlook. We understand that business requirements are unique: our syndicate reports are designed to ensure relevance for industry participants across the value chain. We also provide custom reports that are tailored to the exact needs of the customer, with dedicated analyst support across the purchase lifecycle. Contact Us: Parikhit B. Corporate sales, Graphical Research  Phone:1-800-986-6917Email:sales@graphicalresearch.com Web: https://www.graphicalresearch.com ©2018 Graphical Research. All rights reserved. www.graphicalresearch.com

  8. Stay In Touch With Us For: Website: www.graphicalresearch.com Social Media: Assured Quality On-Time Delivery Payment Security Industry Experts ©2018 Graphical Research. All rights reserved. www.graphicalresearch.com

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