Global Probiotics Market

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Global Probiotics Market 2017 2025

• Published by Accurize Market Research Pvt. Ltd.

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Global Probiotics Market is Estimated to Reach
136 Million by 2024, Says Accurize Market
Research

•  
• Global Probiotics Market report published by
  Accurize Market Research forecast that the global
  market is expected to reach 136 Million by 2024
  growing at a CAGR of 8.2 from 2017 to 2025. By
  geography, the Asia Pacific and North America are
  expected to grow at a CAGR of XX and XX,
  respectively, during the forecast period.
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  iotics-market/sample-request

3
Global Probiotics Market is Estimated to Reach
136 Million by 2024, Says Accurize Market
Research

• The growing popularity of probiotics in pediatric
  healthcare to drive the global market
• Major factors driving the global probiotics
  market are growth in the global functional food
  sector, rising health-conscious consumers,
  increasing the importance of natural and
  preventive healthcare therapies, growing
  popularity of probiotics in pediatric healthcare,
  and elevated use in weight management. Though,
  lack of standardized parameters would restrain
  the market growth. Additionally, product
  innovation and market expansion would provide
  market scope in the forecasted period.

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Market Segmentation

• Strain type, dispensing form, application,
  end-user, and geography are the key bifurcations
  considered in the global probiotics market.
  Strain type is categorized as yeast,
  lactobacillus, spore formers, streptococcus,
  bifidobacterium, and others. By dispensing form,
  the segment is sub-segmented into liquid drops,
  sticks, and sachets, capsules, tablets-swallowable
  , tablets-chewable, and others. Application is
  further bifurcated as probiotic dietary
  supplements, probiotic food and beverages, and
  animal feed probiotics. End-user is segmented as
  human probiotics and animal probiotics.
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  iotics-market/ask-for-customization

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Market Segmentation

• North America, Europe, Asia-Pacific and Rest of
  the world (RoW) are the geographical segments of
  the market. North America is further bifurcated
  into countries namely U.S., Canada, and Mexico.
  Europe covers countries like Russia, the U.K.,
  Germany, France, Italy and the Rest of Europe.
  Asia-Pacific countries include China, India,
  Japan, South Korea and Rest of Asia Pacific. The
  rest of the World (RoW) covers South America,
  Africa, and the Middle East.

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Market Segmentation

• "Lactobacillus accounted for the largest market
  share in the strain type segment", says Accurize
• Lactobacillus and Bifidobacterium dominated the
  strain type segment in 2017 with maximum market
  share. In dispensing form, capsules held the
  largest market share, while others are
  anticipated to dominate with the fastest CAGR
  during the forecast period. Probiotic dietary
  supplement and probiotic food and beverages
  accounted most of the share in the application
  segment, in the year 2017. Human probiotics
  dominated the end-user segment whereas animal
  probiotics would attain the fastest CAGR.

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Market Segmentation

• "Asia-Pacific dominated the global market with
  the highest market share over the forecast
  period", says Accurize
• Asia-Pacific accounted for the largest market
  share of 36 in 2017, due to increasing
  health-consciousness, and improved access to
  probiotic supplements. The region is closely
  followed by Europe with a 27.4 market share.
  Though, in terms of growth, RoW is expected to
  attain the fastest CAGR, driven by government
  initiatives to increase awareness of healthy
  eating, and encouraging the consumers for a
  healthier lifestyle.

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Top players in the market

• Major companies operating in the market
• Nestlé S.A.,
• Danone,
• Probiotics International Ltd,
• E. I. DuPont de Nemours and Company,
• Chr. Hansen Holdings A/S,
• Chobani, LLC,
• BioGaia AB,
• China-Biotics Inc.,
• Lifeway Foods, Inc.,
• Ganeden, Inc., among others.

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