30 likes | 46 Views
Probiotics Market Segmented by Application (Dietary Supplements, Dairy Products, Non-dairy Beverages, Infant Formula, Cereals, Feed), by Ingredient (Yeast, Bacteria), Distribution Channel (Online Retailers, Hypermarket / Supermarket, Convenience Stores) Regional (North America, Europe, Asia Pacific, South America, and Middle East and Africa) - Global Industry Size, Share, Growth, Trends and Competitive Strategy Analysis Forecast to 2025<br><br>Request Sample: https://www.marketdataforecast.com/market-reports/probiotics-market/request-sample<br>
E N D
The increase in disposable income favors the Global Probiotics Market Global Probiotics Market estimated to value around USD 69 billion by 2025 North America likely to continue its dominion in the Global Probiotics Market Market overview: The global probiotics market was estimated at US$ 49 billion in 2019, and with an average annual growth rate of 7.0%, it is expected to reach US$ 69 billion by 2025. Probiotics are mainly used for fermented dairy products. Today, a wide range of dairy drinks containing probiotic bacteria are available in the market, such as acidified fungal milk, acidified sweet milk, acidified fungal milk serum, nutritive A⁄B, Bifidus milk, Yakult, gaio, probiba, agricultural drinks, actimel and others Recent developments: June 2018 Chr. Hansen has expanded its library of product strains for the growth of next- generation probiotics. In August 2017, DuPont expanded its probiotic facility in Madison, Wisconsin, USA. The motivation for the expansion was to strengthen its presence in the probiotic market further. Market Drivers and Restraints: The higher efficiency of probiotic bacteria and the consumer's propensity for digestive health have led to the growth of the probiotics market worldwide. Healthcare organizations and companies continuously work to strengthen the probiotic consumer base worldwide. The market will grow significantly in the coming years because many international companies are funding in the probiotic market to develop their product and application portfolios. In addition to these factors, the prohibition of the use of antibiotics in animal feed in several European and North American countries, more significant innovation in chocolate, cookies and other forms of products, and a higher demand for probiotic-based medicines, which have shown positive results for decreasing the risk of chronic diseases such as diarrhea and intestinal disorders, and the increased demand for fermented foods in the daily diet, are supporting the probiotics business. But standardized labeling, efficient packaging demands and low shelf life limit the growth of the global probiotics market. To know more read: https://www.marketdataforecast.com/market-reports/probiotics-market Report Segmented as: By form, the global probiotics market is divided into liquid probiotics and dry probiotics. The implementation of yogurt, the most common source of probiotics, has increased the demand for liquid probiotics compared to dry probiotics. Depending on the application, the global probiotics market is divided into dietary supplements, food and beverages and feed. According to the end-user, the global probiotics market is divided into human probiotics and animal probiotics.
Geographical Segmentation: At the regional level, the global probiotics market is divided into North America, Asia Pacific, Europe, Latin America and the Middle East and Africa. The increase in dairy consumption is foreseen to boost the probiotics market in North America. The high consumption of processed foods, poor consumption habits and the increased intake of antibiotics lead to a high degree of risk associated with digestive problems in the region, which leads to industrial growth in the area. Key market players: The main players in the market are Probi AB, BioGaia AB, Nestle SA, Protexin Danone, Lifeway Foods, Inc., EI du Pont de Nemours and Company, Chr. Hansen Holding A / S, Ganeden, Inc., Yakult Honsha Co. Ltd. Etc. View sample and decide: https://www.marketdataforecast.com/market-reports/probiotics-market/request-sample Scope of the report: The report offers a comprehensive examination of the industry by providing the estimations of market potential and forecasts with utmost granularity. Along this, the factors influential in influencing the market dynamics and trends discussed in detail at the product level. Further, the performance of the market at the regional and country-level had assessed and the prospects with huge growth potential identified and debated. The key players in the industry are profiled giving insights on their financial performance, market position and growth strategies. Comparative analysis on prime strategically activities of the market players delineating the key developments like mergers & acquisitions, collaborations and an evaluation of the competitive environment within the industry had provided. The report also provides a broad outlook of the current market along with recommendations from industry experts on the opportunities for investment activity. What else? Apart from the syndicated report, our in-house team has an expertise and experience in designing custom reports to meet your specific research needs and assist you in making well- informed decisions. About Us: Market Data Forecast is a firm working in the areas of market research, business intelligence and research, business intelligence and consulting. We have rich experience in research and consulting for various business domains to cater to the needs of both individual and corporate clients. For more information: Abhishek Shukla
Sales Manager at Market Data Forecast Email: abhishek@marketdataforecast.com Tel: +1-888-702-9626 Website: https://www.marketdataforecast.com/