Probiotics Market Study by Evolving Technology, Trends and Industry Analysis & Forecast to 2024
MarketStudyReport.com Adds New Probiotics Market 2018 – 2024 research report providing information By Ingredients (Lactobacilli, Bifidobacterium, Streptococcus, Bacillus, Others), By End Use (Human, Animal), By Application (Functional Foods & Beverages [Dairy, Non-dairy, Cereals, Baked Goods, Fermented Meat Products, Dry Foods], Dietary Supplements [Food, Nutritional, Specialty, Infant Formula], Animal Feed Probiotics) & Forecast spreading across 290 Pages with table and figures in it.
Market Study Report recently introduced new title on “2018-2024 Global Probiotics Market Report” that provides an in-depth overview of industry and competitive landscape, covering multiple market segments and elaborates market outlook and status to 2024.
Probiotics market should exceed USD 65 billion by 2024; according to a new research report.
Probiotics market from food & beverage application should witness significant gains at over 7% during projected period. It includes cereals, non-dairy & dairy products, baked food, dry food and fermented meat products. This rise in demand can be ascribed to the demand for functional food due to increasing per capita income and rising health concern.
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Scope of Report
The Probiotics Market Report gives a clear picture of the current situation of the market which covers global industry analysis, size, share, growth, trends, key statistics and forecast Till 2024. The report on global Probiotics Market evaluates the growth trends of the industry through historical study and estimates future prospects based on comprehensive research.
Increasing application usage in dietary supplements, food & beverages and animal feed should propel probiotics market demand. These ingredients stimulate natural enzymes and digestive juices ensuring enhanced digestion and proper functioning of immune system. Shift in consumer preferences towards healthy food diet and rising consumption of dietary supplement along with rise in geriatric population in the U.S., Germany, and UK is likely to promote industry growth.
Rising incidences of livestock diseases owing to growing awareness among farmers towards feed additive quality should stimulate product demand. Presence of major manufacturers and industry players investing in probiotics market might act as a contributing factor for product demand.
Favorable regulatory regimes regarding use of probiotics in feed & food ingredients along with ban on use of antibiotic growth promoters (AGP) owing to long term side effect should drive demand industry growth. Consumer awareness regarding quality of meat & meat products, dairy & dairy products leads to increasing for probiotic ingredients impacting product demand in Asia Pacific and European regions.
Human probiotics market may witness gains at over 6.5% during the projected timeframe. This growth can be attributed by increasing application usage for these ingredients in dairy, food & beverages, non-dairy products and fermented meat. The product range includes oat-based products, chocolates, yogurts and dietary supplements in powder, tablet and capsule forms.
Lactobacilli based probiotics market may surpass USD 45 billion by 2024. This growth in revenue generation can be ascribed to its prominent application in fortified foods like fermented foods, yogurt, supplements, milk & milk products. These form of bacterial strain helps in breaking down food, absorb essential nutrients and fight off infectious bacteria which cause diarrhea. It is added to milk for its probiotic properties which is easily digestible than regular milk for lactose intolerant individuals, thereby driving product demand.
Top Manufacturers in global market are given bellow: Arla Foods, BioGaia AB, Chr. Hansen, Danone and DuPont Danisco
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Germany probiotics market should generate revenue surpassing USD 5 billion by 2024. The regional demand for probiotics can be attributed by increasing growth for ingredients in dietary supplement owing to rising consumer awareness towards health benefits offered by product. Germany is also a major producer for milk & milk products thus driving regional product demand.
The above information is provided on a regional and country basis for the following: U.S., Canada, Mexico, Germany, UK, France, Italy, Russia, Spain, Netherlands, Belgium, China, Japan, India, Indonesia, South Korea, Malaysia, Brazil, Saudi Arabia, UAE, South Africa
Table of Content@
Chapter 1. Methodology & Scope
Chapter 2. Executive Summary
Chapter 3. Commercial Drone Industry Insights
Chapter 4. Competitive Landscape
Continued@........................
Data Tables
TABLE 1 Probiotics industry 360 degree synopsis, 2013 - 2024
TABLE 2 Global probiotics market, 2013 - 2024, (Kilo Tons) (USD Million)
TABLE 3 Global probiotics volume, by region, 2013-2024 (Kilo Tons)
TABLE 4 Global probiotics revenue, by region, 2013-2024 (USD Million)
TABLE 5 Global probiotics volume, by ingredients, 2013 - 2024, (Kilo Tons)
TABLE 6 Global probiotics revenue, by ingredients, 2013 - 2024, (USD Million)
TABLE 7 Global probiotics volume, by end-use, 2013 - 2024 (Kilo Tons)
TABLE 8 Global probiotics revenue, by end-use, 2013 - 2024 (USD Million)
TABLE 9 Global probiotics volume, by application, 2013 - 2024, (Kilo Tons)
TABLE 10 Global probiotics revenue, by application, 2013 - 2024, (USD Million)
TABLE 11 Global probiotics revenue, by food & beverages application, 2013 - 2024, (Kilo Tons)
TABLE 12 Global probiotics revenue, by food & beverages application, 2013 - 2024, (USD Million)
TABLE 13 Global probiotics volume, by dietary supplements application, 2013-2024, (Kilo Tons)
TABLE 14 Global probiotics revenue, by dietary supplements application, 2013 - 2024, (USD Million)
TABLE 15 Vendor matrix
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