U.S Probiotics market forecast to grow at 7% CAGR from 2016 to 2023

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Global Probiotics Market to hit USD 64 billion by
2023 Fractovia.org
Fuel Cell Market size worth 25.5bn by 2024
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Key Insights of Probiotics market

• The market research report Probiotics Market
  Size 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), Industry Analysis Report,
  Regional Outlook (U.S., Germany, UK, China,
  Japan, India, Brazil), Application Potential,
  Price Trends, Competitive Market Share
  Forecast, 2016 2023. Probiotics Market worth
  over USD 35 billion in 2015, is foreseen to
  record a CAGR 7 over the period 2016-2023.
• The surging demand for packaged and functional
  food will stimulate the growth of probiotics
  market worldwide. Augmentation in food technology
  fueled by preference toward dietary supplements
  has left a positive impact on the probiotics
  industry.
• Growing health concerns is also expected to play
  a crucial role in complementing the probiotics
  industry size on account of its extensive
  contribution in curing intestinal inflammation,
  diarrhea, blood pressure regulation, and other
  gut-related disorders.

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Continued

• The global probiotics industry finds major
  application in animal feed sector and functional
  foods and beverages industry. Probiotics market
  penetration in the animal feed sector is
  estimated to exceed USD 4.2 billion at an annual
  growth rate of 8 over 2016-2023. The evolution
  can be credited to the growing consumer
  consciousness associated with animal health and
  claim for high-quality meat.
• Functional food beverages sector contributed
  massively toward global probiotics market in
  2015, and is expected to continue its dominance
  over the forecast period due to rise in
  consumption of dry food, dairy items, and
  cereals.
• Probiotics market revenue in the dietary
  supplements sector is projected to register a
  significant gain of 8 over the coming six years,
  due to the wide use probiotics in specialty
  nutrients, food supplement, and infant formula.
  Poultry probiotics market will also directly and
  positively influencing the global probiotics
  industry share over the coming time frame.

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Germany Probiotics Market size for food
applications, 2012-2023 (USD Billion)

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Geographically, the Highlights of Probiotics
market

• Asia Pacific probiotics industry dominated by
  Japan, India, and China will continue to be the
  major revenue pocket owing to the rise in
  geriatric population, health conscious consumers,
  and increased infant formula consumption. It is
  expected to exhibit a steady growth rate of 7.5
  over 2016-2023.
• North America probiotics industry, led by U.S.
  is projected to contribute substantially toward
  the regional share at an annual growth rate of 7
  over 2016-2023 having accounted for 80 of the
  total volume in 2015.
• LATAM probiotics market is likely to observe a
  high growth of 9 over the period of 2016-2023,
  driven by the rising adoption of specialty
  nutrients across the region. MEA probiotics
  market, led by UAE and South Arabia is also
  expected to show modest growth over the estimated
  timeframe.

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Table Content of Probiotics market

• Chapter 1 Methodology and Scope
• 1.1 Research Methodology
• 1.1.1 Initial data exploration
• 1.1.2 Statistical modeling and forecast
• 1.1.3 Industry insights and validation
• 1.2 Data Sources
• Chapter 2 Executive Summary
• 2.1 Probiotics industry 3600 synopsis, 2012 -
  2023
• 2.1.1 Business trends
• 2.1.2 Application trends
• 2.1.3 Regional trends
• Chapter 3 Probiotics Industry Insights
• 3.1. Industry segmentation
• 3.2. Industry Size and forecast, 2012 - 2023
• 3.3. Industry ecosystem analysis
• 3.3.1 Vendor landscape
• 3.4. Industry Impact forces

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Continued

• 3.4.1. Growth drivers
• 3.4.1.1 Functional food market growth
• 3.4.1.2 Increased health concerns
• 3.4.2. Industry pitfalls challenges
• 3.4.2.1Standardization issues
• 3.4.2.2Lack of awareness
• 3.5. Growth potential analysis
• 3.6. Porter's analysis
• 3.7. Company market share analysis, 2015
• 3.8. PESTEL analysis

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