Seattle, WA — (PRESS RELEASE JET) — 09/28/2017 — The report “Probiotics Market by Application (Functional Food & Beverages (Dairy, Non-dairy Beverages, Baked Goods, Meat, Cereal), Dietary Supplements, Animal Feed), Source (Bacteria, Yeast), Form (Dry, Liquid), End User (Human, Animal), and Region – Forecast to 2022”, The probiotics market is estimated to be valued at 45.64 Billion in 2017, and is projected to reach a value of USD 64.02 Billion by 2022, at a CAGR of 7.0% from 2017. The market is driven by factors such as growing awareness about health benefits of yogurt among customers, rising demand for nutrient-rich feed for animals, and increasing popularity of probiotic dietary supplements.
Browse 64 Market Data Tables and 42 Figures spread through 158 Pages and in-depth TOC on “Probiotics Market – Forecast to 2022”
Early buyers will receive 10% customization on reports.
The bacterial segment accounted for the largest share of the probiotics market in 2016
On the basis of source, the probiotics market has been segmented into bacteria (Lactobacilli, Bifidobacteria, Streptococcus thermophilus) and yeast. The bacterial segment accounted for the largest share in 2016. Health benefits associated with good bacteria such as increased lactase production, prevention of diarrhea, prevention of irritable bowel syndrome, and enhanced immunity of Lactobacilli make the strain the most preferred option by producers, resulting in the largest market share.
The liquid segment, by form, accounted for the largest share of the probiotics market in 2016
The liquid form segment held the largest share in the global probiotics market in 2016. Liquid probiotics are preferred by consumers having difficulty in swallowing pills, especially infants. New products are available in the market such as probiotic-infused juices and yogurt-based drinks, which provide consumers with new options of probiotic consumption.
The Asia Pacific region dominated the probiotics market in 2016
In 2016, the Asia Pacific region led the global market for probiotics. Factors such as rapid urbanization combined with higher disposable incomes and rising consumer interest in health products drive the probiotics market in Asia Pacific. The demand for healthy livestock is fueling the demand for probiotic-based animal feed in the Asia Pacific region.
This report includes a study of marketing and development strategies, along with the product portfolios of the leading companies. It includes the profiles of leading companies such as Chr. Hansen, Danone, Yakult Honsha, Nestlé, and DuPont, which have a strong global presence. Other players include Morinaga, Lallemand, Probi, Bifodan, BioGaia, Probiotics International, and Nebraska Cultures.
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets’s flagship competitive intelligence and market research platform, “RT” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
701 Pike Street,
Suite 2175, Seattle,
WA 98101, United States
Email: [email protected]
Powered by WPeMatico