Title: Probiotic Ingredients Market Growth | Size & Share | Industry Trends, Insights & Statistics
1MarketsandMarkets Presents
Probiotic Ingredients Market - Forecast to
2023 https//www.marketsandmarkets.com/Market-Repo
rts/probiotic-ingredients-market-238635114.html
2The global probiotic ingredients market was
valued at USD 246.6 million in 2017 and is
projected to reach USD 402.3 million by 2023, at
a CAGR of 8.5 from 2018. The global demand for
probiotic ingredients is increasing significantly
due to growth in awareness among customers about
their direct relation to digestive health
benefits, rise in demand for high-nutrient foods,
and increase in demand for quality feed products.
Probiotics are also found in supplement form or
as components of food beverages. Their
integration with inexpensive but good-for-health
products, such as yogurt, fruit juices, and
cultured dairy drinks, has contributed to their
significant market size. Browse 80 market data
Tables and 37 Figures spread through 153 Pages
and in-depth TOC on "Probiotic Ingredients Market
- Global Forecast to 2023 Asia Pacific is
estimated to dominate the probiotic ingredients
market in terms of value in 2018 Probiotics are
gaining popularity in the Asia Pacific market
particularly in the animal nutrition segment due
to the growing concerns about their health and
productivity. The application of probiotic
strains is projected to increase due to the
consumer demand for application in functional
foods and pharmaceutical end products. India
offers a huge potential in this region due to the
increasing number of pharmaceutical companies
involving themselves in the licensing and
development of probiotic drugs. Chinas growth in
terms of sales is attributed to the growing
application of probiotics in the infant formula
business. Download PDF Brochure
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3- Report Objectives
- Determining and projecting the size of the
probiotic ingredients market with respect to its
application, source, form, end user, and regional
markets, over a five-year period ranging from
2018 to 2023 - Identifying attractive opportunities in the
market by determining the largest and
fastest-growing segments across regions - Analyzing the demand-side factors on the basis of
the following - Impact of macro- and micro-economic factors on
the market - Shifts in demand patterns across different
sub-segments and regions - Identifying and profiling key players in the
probiotic ingredients market - Providing a comparative analysis of the market
leaders on the basis of the following - Product offerings
- Business strategies
- Strengths, weaknesses, opportunities, and threats
- Key financials
- Understanding the competitive landscape and
identifying major growth strategies adopted by
players across the key regions - Analyzing the supply chain and regulatory
frameworks across regions and their impact on
prominent market players - Providing insights on key investments in product
innovations and technology and patent
registrations - Request for sample Pages https//www.marketsandma
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4The global probiotic ingredients market is
currently driven by the rising popularity of
probiotic functional foods beverages among
consumers. Factors such as age, stress, and poor
diet are responsible for digestive ailments,
bloating, and reduced resistance to infections
and the consumption of probiotic-enhanced
products help to alleviate these widespread
conditions. These products contain live
microorganisms (probiotic strains) that confer
positive health effects on the host. Companies
such as Chr. Hansen has developed patented
strains of microorganisms claiming to have
specific health benefits there has been a
proliferation of probiotic suppliers who develop
customized strains of microorganisms to integrate
with a diverse set of products. By source, the
market is segmented into bacteria and yeast. The
bacteria segment accounted for a larger share in
the global probiotic ingredients market, by
source, in 2017. The bacterial strains in
probiotic foods provide health benefits, such as
increased lactase production, prevention of
diarrhea, prevention of irritable bowel syndrome
(IBS), and enhanced immunity of Lactobacilli. The
yeast segment is projected to record a higher
CAGR during the forecast period, with the
increasing demand for Saccharomyces boulardii, a
unique, harmless, and tropical yeast having
several beneficial effects on human intestinal
health. By application, the market has been
segmented into functional food beverages,
pharmaceuticals, animal nutrition, and others
which include cosmetics personal care products.
The pharmaceuticals segment is growing at the
highest rate owing to a spike in the number of
diseases such as antibiotic-associated diarrhea,
inflammatory bowel disease, lactose intolerance,
irritable bowel syndrome, vaginal infections,
rheumatoid arthritis, liver cirrhosis, and immune
enhancement. The intake of dietary supplements
for overall improvement in health among consumers
would drive the growth of the segment during the
forecast period. Make an Inquiry
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5- This report includes a study on the marketing and
development strategies, along with a study on the
product portfolios of the leading companies. It
includes the profiles of leading companies such
as Kerry (Ireland), DowDuPont (US), Chr. Hansen
(Denmark), Biogaia (Sweden), Probi (Sweden), Glac
Biotech (Taiwan), Bifodan (Denmark), Lallemand
(Canada), UAS Laboratories (US), and Biena (US). - Available Customizations
- With the given market data, MarketsandMarkets
offers customizations according to a companys
specific needs. - The following customization options are available
for the report - Segment Analysis
- Product matrix, which gives a detailed comparison
of the product portfolio of each company - Regional Analysis
- Further breakdown of the Asia Pacific probiotic
ingredients market, by country - Further breakdown of the Europe probiotic
ingredients market, by country - Further breakdown of the RoW probiotic
ingredients market, by country - Company Information
6Contact Us
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