Probiotics Market Poised to grow at a CAGR of 6.5% by 2024

Probiotics Market Poised to grow at a CAGR of 6.5% by 2024


Infinium Global Research has added a new report on Probiotics Market. The report presents an analysis of global as well as regional markets of the probiotics market over the period of 2016 to 2024. According to the report the global probiotics market is projected to grow at a CAGR of 6.5% over the period of 2018 to 2024. The report has estimated the market size of probiotics worldwide over USD 36 billion in 2017. Moreover, the global probiotics market is projected to grow on the backdrop of growing health awareness among the consumers and increased digestion issues due to busy lifestyles, technological advancements, and research & development. Moreover, the probiotics have been clinically proven to be efficient in promoting general health and disease treatment. The consumers are worldwide are becoming more health concerned and ready to spend considerably on the food items and ingredients that promote health. In addition, a ban on the use of antibiotics has led to increased usage of probiotics worldwide. Furthermore, companies are launching new probiotics in the market in order to tap the opportunities among the health conscious consumers.

 

The IGR growth matrix presented by Infinium Global Research identifies the key investment markets in the near future, this will not only help the companies to understand the competitive position in the global probiotics market but also make strategic decisions to capture the most lucrative markets in the near future.

 

The market size is presented in terms of value for the historic year 2016 and estimated for the forecast period of 2018-2024.

 

Get 15% discount for early purchase of global probiotics market report by clicking the following link, Use code IGRD15 to request the discount in the given form

 

https://www.infiniumglobalresearch.com/food-beverage/global-probiotics-market

 

The recent report identified that the Asia Pacific dominated the global probiotics market over the last couple of years while emerging markets of Asia-Pacific and Latin America are anticipated to contribute significantly to the growth in the probiotics market worldwide. The report segments the global probiotics market on the basis of Type, Form, Applications and End user.

 

Global Probiotics Market by Type

·         Lactobacilli

·         Bifidobacteria

·         Yeast

·         Others

 

Global Probiotics Market by Form

·         Solid

·         Liquid

 

Global Probiotics Market by Applications

·         Food And Beverages

·         Functional Food/Dietary Supplements

·         Animal Feed

 

Global Probiotics Market by End User

·         Human

·         Animals

 

Companies Profiled in the Report

·         Yakult Honsa

·         Chr. Hanson

·         Danone

·         Dupont

·         Probi AB

·         Lifeway Foods Inc

·         Nebraska cultures

·         Lallemand Inc.

·         Calpis Co., Ltd

·         Kemin Industries Inc.  

 

About Infinium Global Research

Infinium Global Research is a business intelligence company that provides its clients with market information services, solutions, and reports. The intelligence reports include qualitative as well as quantitative information, which is blended using forecasting models in order to project future market demand. Our panels of Subject Matter Experts (SMEs), Analysts, and Consultants use numerous data gathering tools in order to provide you with detailed information on the market as well as a preview of its projected growth. Our repository includes the largest and most credible databases, through which we determine various qualitative and quantitative parameters of the market to provide you with an in-depth business intelligence report.

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