Probiotics Market Size & Share to See Modest Growth Through 2026

Transparency Market Research offers an 8-year forecast for the global Probiotics market between 2018 and 2026. The global Probiotics market is expected to register a CAGR of 8.3% during the forecast period. The primary objective of the report is to offer insights on the advancements and opportunity in the Probiotics market. The study demonstrates market dynamics that are expected to influence the current challenges and future status of the global Probiotics market over the forecast period. This report also offer updates on trends, drivers, restraints, value forecasts, and opportunities for manufacturers operating in the global and regional Probiotics market.

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As an impact of modern life style, the consumption of healthy food among humans has been limited, and at times, individuals disturb the delicate balance of the body’s intestinal flora, which can cause occasional gastrointestinal discomfort and infection in other body parts. Therefore, a healthy balance of intestinal flora and infection control can be supported through the consumption of food or food supplement products that contain friendly live bacteria cultures, commonly referred to as 'probiotics'. Probiotics are live micro-organisms, when administered in adequate amount confer a health benefit on the host”, is the standard definition provided by the Food and Agriculture Association (FAO) of the United Nations. These friendly and live bacteria, when administered to and/or consumed by humans in the non-food form, are referred to as 'probiotic supplements’, which are generally available either in the form of tablets, capsules, powder, liquid, chewables, and others.

The report includes market share of each segment according to the region with analysis towards market trends respectively. A section of the report highlights Probiotics demand. It also provides a market outlook for 2018–2026 and sets the forecast within the context of the Probiotics ecosystem, including the new product developments as well as product offerings in the global Probiotics market. This study discusses key trends contributing to growth of the global Probiotics market, as well as analyses the degree to which drivers are influencing the global market.

In the final section of the report, a competitive landscape has been included to provide report audiences with a dashboard view. Key categories of providers covered in the report are Probiotics’ key players of the global Probiotics market. Detailed profiles of the providers are also included in the scope of the report to evaluate their long-term and short-term strategies, key offerings and recent developments in the Probiotics space. Key players in the global Probiotics market includes Chr. Hansen Holding A/S, BioGaia AB, Probi AB, Nestlé S.A., DowDuPont Inc., The Procter & Gamble Company, Probiotics International Limited, Lallemand Inc. Pfizer Inc., PharmaCare Laboratories, Dr. Willmar Schwabe Group, SymbioPharm GmbH and others.

In addition, it is imperative to note that in an ever-fluctuating global economy, we not only conduct forecasts in terms of CAGR, but also analyze on the basis of key parameters such as year-on-year (Y-o-Y) growth to understand the predictability of the market and to identify the right opportunities.

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