Probiotics Market – Global Industry Trends, Growth & Future Prospects 2025

PROBIOTIC S MARKET Global Industry Global Industry Trends, Trends, Share, Share, Size, Size, Growth Growth && Forecast Forecast Report Report 2017-2024 2017-2024

Report Title : GLOBAL PROBIOTICS MARKET FORECAST 2017-2025

Industry: Food

& Beverages

Pages: 188

Figures: 44

Tables: 25

Format: PDF

• The probiotic market is anticipated to grow from $41741 million in 2016 to $71948 million by 2025, at a CAGR of 7.30% between 2017 and 2025. • Rising demand for food and beverages for functional products, initiatives towards awareness and demand building and rising disposable income in the emerging countries are the key drivers of the global probiotic market.

Regions/ Countries covered in this report The Asia Pacific large share is mainly attributed to the rising demand for the probiotic drugs and supplement from developing countries such as India, China, and Japan.

After India, China, and Japan, the U.S. and Canada are anticipated to be the developing markets for the probiotic.

Most of the technological developments are expected to be adopted by the above-mentioned countries.

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Market Insights • The global probiotic market is segmented by product on the basis of food and beverages, dairy products, non-dairy products, cereals, fermented meat, dietary and supplements market, food supplements, nutrient supplements, specialty nutrients, infant formulas and animal feed products.

• The market is also segmented by the end-users on the basis of human probiotic products and animal probiotic products.

• The market is segmented into another by strain types on the basis of lactobacillus, streptococcus, bifidobacterium, yeast and spore formers.

• Globally, there is a lack of clarity and uniformity in food standards which is a restraint in the probiotics market. Also, high prices of the products put them in a niche bracket.

Competitive Insights

Major players in the probiotic market are Lifeway Foods Inc, Danone, Yakult Honsha Co Ltd, Nestle SA, Danisco, Inc, Bio Gaia AB, Arla Food Inc, Chr. Hansen Holdings A/S, LallemandInc, Probi AB, Mother Dairy Fruit and Vegetables, Nebraska Cultures, I-Health Inc, General Mills Inc, Ganeden, and Protexin.

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