Probiotic Ingredients Market by Application, Source, Region - 2023

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MarketsandMarkets Presents
Probiotic Ingredients Market- Forecast to 2023
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robiotic-ingredients-market-238635114.html
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The probiotic ingredients market is projected to
grow from USD 268 million in 2018 to USD 402
million by 2023, at a compound annual growth rate
(CAGR) of 8.5 during the forecast period. The
increasing demand for dietary supplements in the
pharmaceuticals, cosmetics, and personal care
industries is projected to drive the market for
probiotics, which in turn, is projected to drive
the market growth for probiotic
ingredients. Browse 80 market data Tables and 37
Figures spread through 153 Pages and in-depth TOC
on "Probiotic Ingredients Market - Global
Forecast to 2023 Probiotic microorganisms are
usually supplied in the form of culture
concentrates, either in the dried or deep freeze
form, for use in the food industry. The
semi-liquid probiotic strains are usually offered
in the form of gels and paste. Liquid probiotic
strains are used in the production yogurt and
buttermilk and are not available widely as
compared to dry strains due to its shorter shelf
life and the requirement of refrigeration during
the transportation process. The Asia Pacific
region is projected to hold the largest market
due to the natural predisposition among consumers
in this region for taking supplements. China,
India, and Japan are estimated to be the primary
drivers of this market with China projecting its
growth in the segment of infant formula within
probiotics. There is also a growing awareness
among the people in India and Japan about using
alternatives such as probiotics for the treatment
and prevention of lifestyle disorders. The
probiotics are gaining popularity in the Asia
Pacific market particularly in the animal
nutrition segment due to the growing concerns
about their health and productivity. Download
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• Report Objectives
• Determining and projecting the size of the
  probiotic ingredients market with respect to its
  application, source, form, end user, and regional
  markets, over a five-year period ranging from
  2018 to 2023
• Identifying attractive opportunities in the
  market by determining the largest and
  fastest-growing segments across regions
• Analyzing the demand-side factors on the basis of
  the following
• Impact of macro- and micro-economic factors on
  the market
• Shifts in demand patterns across different
  sub-segments and regions
• Identifying and profiling key players in the
  probiotic ingredients market
• Providing a comparative analysis of the market
  leaders on the basis of the following
• Product offerings
• Business strategies
• Strengths, weaknesses, opportunities, and threats
• Key financials
• Understanding the competitive landscape and
  identifying major growth strategies adopted by
  players across the key regions
• Analyzing the supply chain and regulatory
  frameworks across regions and their impact on
  prominent market players
• Providing insights on key investments in product
  innovations and technology and patent
  registrations
• Make an Inquiry https//www.marketsandmarkets.com
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The study involves four major activities to
estimate the current market size for probiotic
ingredients. Exhaustive secondary research was
done to collect information on the market, the
peer market, and parent market. The next step was
to validate these findings, assumptions, and
sizing with industry experts across the value
chain through primary research. Both, top-down
and bottom-up approaches were employed to
estimate the complete market size. Thereafter,
market breakdown and data triangulation were used
to estimate the market size of segments and
subsegments. Secondary Research In the
secondary research process, various secondary
sources such as Hoovers, Bloomberg BusinessWeek,
and Dun Bradstreet were referred to, so as to
identify and collect information for this study.
These secondary sources included annual reports,
press releases investor presentations of
companies, white papers, certified publications,
articles by recognized authors, gold standard
silver standard websites, food safety
organizations, regulatory bodies, trade
directories, and databases. Primary
Research The probiotic ingredients market
comprises several stakeholders such as probiotic
ingredient manufacturers, regulatory bodies,
intermediary suppliers, and end users in the
supply chain. The demand side of this market is
characterized by the development of the food
beverage, pharmaceutical, animal nutrition, and
cosmetics personal care industries. The supply
side is characterized by advancements in
technology and various application industries.
Primary sources from both, the supply and demand
sides of the market were interviewed to obtain
qualitative and quantitative information. Request
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• Scope of the Report
• On the basis of application, the probiotic
  ingredients market has been segmented as follows
• Functional foods beverages
•  Pharmaceuticals
•  Animal nutrition
•  Others include cosmetics and personal care
• On the basis of source, the probiotic ingredients
  market has been segmented as follows
• Bacteria
•  Yeast
• On the basis of end user, the probiotic
  ingredients market has been segmented as follows
• Human
•  Animal
• On the basis of region, the probiotic ingredients
  market has been segmented as follows
• North America
• Europe

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