Transparency
Market Research announces the release of a market study on the global
probiotics market for the 2014-2020 period. According to the report,
the global probiotics market is poised to increase from US$62.6 bn in
2014 to US$96.0 bn by 2020, at a CAGR of 7.40% from 2014 to 2020.The
report is titled “Probiotic Market - Global Industry Analysis,
Size, Share, Growth and Forecast 2014 - 2020”, and is available for
sale on the company website.
The
report points out that a surge in the consumption of functional
foods, increasing awareness about the importance of gut health, and
proven health benefits of probiotics are leading to the development
of the global
probiotics market. In addition, prohibition of hormone-added
animal feed that helps the friendly bacteria in the animal’s gut to
be available in its milk, utilization of probiotics in newer areas,
and changing food habits in emerging economies will favor the rise of
this market during the forecast period. However, lack of
standardization for enzyme concentrations in probiotic products is
impeding the growth of this market.
The
report segments the global probiotics market on the basis of
end-user, application, strain type, and geography. On the basis of
strain type, streptococcus, spore formers, yeast, lactobacillus, and
others are the segments of this market. Animal probiotics and human
probiotics are the segments that divide the global market on the
basis of end use. Of the two, the human probiotics segment is ahead
of its counterparts in terms of revenue contribution to the global
marketApplication-wise, animal feed, food and beverages, and dietary
supplements are the segments of the global probiotics market. Among
these, in 2013, the food and beverage segment led the global market,
and is expected to display a healthy 7.20% CAGR from 2014 to 2020.
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a Brochure of this Report
:http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=386
The
report divides the global probiotics market into the regional
segments of North America, Asia Pacific, Europe, and Rest of the
World. According to the report’s analysis, Asia Pacific was the
leading regional market for probiotics in 2013. The region is
expected to retain its dominance by displaying a CAGR of 7.10%
through the 2014-2020 period; increasing consumption of functional
foods in China and India are the primary reasons for this.
Europe
also accounts for a significant revenue contribution to the global
probiotics market. In this region, France and Germany will display
steadfast growth expanding at a CAGR of 6.60% and 6.80%,
respectively, for the 2014-2020 period. Presently, North America
holds a small share in the global market; however, the region is
expected to witness substantial growth in the probiotics market in
the forthcoming years, adds the report.
The
report mentions the top companies that operate in the global
probiotics market and profiles each one of them for their
distinguishing attributes. Nestle S.A., Yakult Honsha Co. Ltd.,
Lifeway Foods Inc., General Mills Inc., Groupe Danone S.A., Chr.
Hansen, PROBI AB, BioGaia AB, E.l. du Pont de Nemours and Company,
and Mother Dairy are the top companies identified in this report that
have a significant presence in the global probiotics market.
The
global probiotics market is segmented as follows:
Global
probiotics market, by application
- Food and beverages
- Dietary supplements
- Animal feed
Global
probiotics market, by end use
- Human probiotics
- Animal probiotics
Global
probiotics market, by strain types
- Lactobacillus
- Streptococcus
- Bifidobacterium
- Yeast
- Spore Formers
- Others
Global
probiotics market, by geography
North
America
- U.S.
- Canada
- Mexico
Europe
- Germany
- U.K.
- France
- Italy
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- Australia
- Rest of Asia-Pacific
Rest
of the World (RoW)
- Brazil
- Middle East
- Rest of RoW
Contact
Mr. Sudip S
90 State Street,
Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll
Free: 866-552-3453
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