A recent report published by Infinium Global Research on probiotics ingredients market provides an in-depth analysis of segments and sub-segments in the global as well as regional probiotics ingredients market. The study also highlights the impact of drivers, restraints, and macro indicators on the global and regional probiotics ingredients market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of global probiotics ingredients market. According to the report, the global probiotics ingredients market is projected to grow at a CAGR of 7.3% over the forecast period of 2019-2025.
Probiotics are generally microorganisms, for example, yeast and bacteria, that truly benefit humans as well as animals by taking care of their intestines and providing good bacteria in the body, that helps in the digestion process. Probiotic ingredients produce normal digestive juices and enzymes in the body to make the proper functioning of the digestive system. Probiotic ingredients can be managed through foodstuff or also in the form of supplements. They also strengthen the human immune system, take care of proteins and lipids from oxidative obliteration, and lessen body pathogens. The probiotic ingredient is easily available in the form of capsules, tablets, liquid, powder, and gel.
The growing popularity of probiotic dietary supplements and the participation of international bodies in research and development of probiotics are the major factors driving the growth of probiotic ingredients market across the globe. Also, rising health concerns and growing digestive disorders among people as well as animals are the other factors that help in the growth of the market. Growing food manufacturing and industrially advanced communications expenditure also fuels the growth of the market. However, high product development cost and stringent government regulations may hamper the growth of the market during the forecast period. Moreover, promoting probiotic health benefits among livestock farmers creates an opportunity for the growth of the market in the upcoming years.
In terms of region, the probiotics ingredients market is categorized into North America, Europe, Asia- Pacific, Central & South America, and Middle East & Africa. Among all, North America holds the maximum market share and is expected to dominate the market during the forecast period. This is attributed to the rising inclination for health and wellness products in the region. Moreover, Asia- Pacific is likely to grow at a faster rate in the probiotics ingredients market due to the growing adoption of the product in countries like India, China, and Japan.
The report on global probiotics ingredients market covers segments such as source, application, end-user, and form. On the basis of source, the sub-markets include bacteria, and yeast. On the basis of application, the sub-markets include probiotic food and beverage, probiotic dietary supplements, and animal feed probiotic. On the basis of end-user, the sub-markets include human probiotics, and animal probiotics. On the basis of form, the sub-markets include dry form, and liquid form.
The report provides profiles of the companies in the market such as Lifeway Foods Inc., MORINAGA MILK INDUSTRY CO., LTD., Yakult Honsha Co. Ltd., Chr. Hansen Holding A/S, BioGaia AB, Ganeden, Inc., Danone, Nestle SA, Protexin, Lallemand Inc., and Other companies.
The report provides deep insights into the demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of probiotics ingredients market. Moreover, the study highlights current market trends and provides forecast from 2019-2025. We also have highlighted future trends in the market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players.
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