Probiotics have also emerged as a potential functional food or nutraceuticals. Health benefits gained out of probiotics consumption are the main drivers to the development of this segment. Growth of the nutraceuticals market has also provided an impetus for the increased demand of this sector. Health factors like maintenance of proper gut health, enhanced body’s metabolism can be effectively addressed with the incorporation of probiotics into daily diet. Increase in wellness sector awareness has enhanced the market growth trajectory of the sector to an elevated level.

Global Key Players and Competition Analysis

The key players that are involved in Global Probiotic market are BioGaia, China-Biotics, Danisco, Danone, Nestlé, Yakult, Arla Foods, Lifeway Foods, Mother Dairy Fruit & Vegetable Pvt, Nebraska Cultures, Lallemand and Chr. Hansen holding.

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Segmentation Analysis

The market for Global Probiotic is segmented in mainly three parts i.e. by type, by application, by end-use and its various sub-segments; Segmentation by bacterial type includes Lactobacillus, Streptococcus, Bifidobacterium, and others (including yeast, spore formers and other probiotic bacteria). Whereas by application the report includes Food and Beverages, dietary supplements and animal feed. Furthermore, segmentation by end use includes human probiotics and animal probiotics.

Regional Analysis

The Global Probiotics Market is segmented into North America, Europe, APAC, and Rest of the World (RoW). Global probiotics market is highly dominated by North America due to the rising consumption of healthy food products in that region. APAC is fastest growing region due to changing lifestyle and improved disposable income in that region.

Market Scope

Probiotic Market is increasing due to growing health awareness worldwide, rising population and disposable income has boosted the demand for Probiotic in recent years. The market in Asia Pacific is growing steadily. Moreover, the market for Probiotic is expected to witness considerable growth over the coming years In US and Europe.  Hence the market for Probiotic is expected to grow at a CAGR of XX% over the period of 2016 – 2027.

Browse the market data and information spread across 115 pages with 47 data tables and 12 figures of the report “Global Probiotics Market Research Report- Forecast to 2027” in-depth alongside table of content (TOC) at: https://www.marketresearchfuture.com/reports/probiotics-market-966

Industry News

By 2027, Asia-Pacific is expected to account XX% of the Global Probiotic Market to be the largest consumer of probiotics.

April 2017 BioGaia aims to expand their probiotics business and has agreed to launch their oral health probiotic in three new markets including Canada, the Philippines and Vietnam. Escalating demand for probiotics and consumers increasing awareness has raised the demand in various countries. In order to meet the growing demand, company has taken this step to expand across its regional presence.

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