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Probiotics Market Research Reports & Industry Analysis, 2016 – 2024


Probiotics Market size was over USD 35 billion in 2015, with 7% CAGR estimation from 2016 to 2023. Get more details @ – PowerPoint PPT presentation

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Title: Probiotics Market Research Reports & Industry Analysis, 2016 – 2024

Probiotics market to cross USD 64 billion by 2023
Global Market Insights Inc.
Fuel Cell Market size worth 25.5bn by 2024
Key Insights from Probiotics market
  • It was during 1980s when the concept of
    functional food first took its commercial shape
    in Japan. Since then, the business space for
    functional food has been expanding and will
    continue to rise over the coming years.
    Functional foods are referred to as the food
    additives with health benefits.
  • The growing awareness among the consumers
    pertaining to the relation between health,
    nutrition, and diet is basically propelling the
    demand for these functional food products. One of
    the most popular names in this industry is
    Probiotics which has become the eye-catcher for
    the food manufacturers to increase their
    products value. According to Global Market
    Insights, Inc. the global probiotics market
    worth USD 36.6 billion in 2015, is anticipated to
    surpass a revenue of USD 64 billion by 2023.

  • Probiotics are gaining utter significance owing
    to their high nutritional value and their ability
    to strengthen the immune system. These are
    referred to as good bacteria which are capable
    of keeping the gut or the abdominal system
    healthy. Moreover, the researchers are
    continuously exploring the new benefits
    associated with the probiotics and are
    encouraging the intake of these friendly
    bacteria. For instance, a recent finding suggests
    that probiotics are proving to be of a high value
    in helping people with ailments such as diabetes,
    sugar levels, and Alzheimers disease.
  • The consumption of probiotics is popular among
    the humans as well as the animals. The rising
    livestock production and the growing meat
    consumption worldwide are encouraging the intake
    of probiotics in animals. Animal feed probiotics
    market having had a market share of USD 2.46
    billion in 2015, is estimated to grow rapidly
    over the coming years, with revenue estimations
    of USD 4.2 billion by 2023.

U.S. probiotics market size, by application,
2012 2023 (USD Million)


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360 Analysis
  • Application Trends
  • Functional food beverages segment accounted for
    over 80 of the probiotics market share in 2015.
    Dairy products, cereals, baked food, fermented
    meat, and dry food were the major products.
    Positive results along with no evidence reported
    digestive problem after consumption will create
    new avenues in the industry.
  • Regional Trends
  • U.S is likely to observe 7 CAGR from 2016 to
    2023. This is due to larger dietary supplements
    acceptance and focus on preventive healthcare
    facilitates. U.S. probiotics market share
    accounted for over 80 of the 2015 regional
  • Competitive Market Share
  • Danone, a France based food company enjoyed a
    global industry share of over 15 in 2015,
    followed by Japan based Yakult Honsha, while the
    other key players included Danisco A/S, Nestle,
    Chr Hansen, Arla Foods, Lallemand Inc. and Probi.
    Signifying the increasing health issues such as
    diarrhea, Chr. Hansen developed a product which
    eases diarrhea by preventing or minimizing
    dehydration. Probiotics nutrient suppliers are in
    the process to advance personalized nutrients for
    blending with the diversified probiotics

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