Probiotics Market Growth Rate and Forecast 2023 to 2032

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Probiotics Market Demand to Cross USD 5.5 Bn by
2032
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Overview of Probiotics Market

• The probiotics market is expected to grow
  steadily through 2032 owing to the growth of the
  functional food industry.
• Probiotics demand is largely influenced by
  growing customer health awareness as well as
  demand for food and beverage supplements, both of
  which are driving the market expansion.
  Additionally, consumer demand for less packaged
  food and more natural food alternatives has
  increased due to the popularity of fitness
  well-being trends in food and drinks. This would
  propel the industry growth in the ensuing years.
  The demand for probiotics is being further driven
  by Japanese consumers as the people are becoming
  more aware of the health advantages of yogurt. It
  was claimed that the yogurt sales in Japan would
  reach 4 billion in 2020.

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• The Bifidobacterium segment is likely to
  proliferate steadily through 2032. These
  microorganisms promote gut lymphoid tissue
  maturation, immunological activation, and
  digestive health, and limit pathogen growth such
  as Escherichia, Bacteroides, Proteus, and
  Clostridium. Furthermore, the Bifidobacterium is
  likely to be used as human probiotic ingredient
  as a result of rising product demand from the
  food and healthcare industries, thus accelerating
  the market expansion.
• The streptococcus segment is estimated to grow
  robustly by the end of the research timeline. The
  market for streptococcus-based probiotics may
  grow as a result of rising demand from the health
  supplement sector due to their effectiveness in
  treating lactose intolerance. The streptococcus
  strain also slows the growth of cancer, enhances
  skin hydration, alleviates irritable bowel
  syndrome, and promotes the development of other
  probiotic strains like Lactobacillus.

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• The dietary supplements segment is slated to grow
  at more than 8 CAGR from 2023 to 2032. Increased
  digestive disorders among the elderly, growing
  need for preventive medications, and lack of a
  balanced diet are the factors driving the
  expansion of the human probiotic components
  market from dietary supplement applications.
  Different strains of helpful bacteria are found
  in probiotics-based supplements, which enhance
  immunity, energy levels, and good skin, assure a
  healthy digestive system, and promote excellent
  oral health.
• The Middle East Africa probiotics market is
  projected to expand at 8.5 CAGR from 2023 to
  2032. The growing use of sour milk and other
  processed and functional foods like yogurt and
  kefir in the region is projected to increase the
  demand for probiotics. Probiotics have health
  advantages like improving the microbiota in the
  human gut as well as preventing other intestinal
  disorders.
• Notable participants in the Probiotics market
  include Arla Foods Inc, Chr. Hansen Holding A/S,
  BioGaia AB, Danone, General Mills Inc, DuPont
  Danisco, I-Health Inc, Lifeway Foods, Inc,
  Lallemand Inc, Mother Dairy Fruit Vegetable Pvt
  Ltd, Nestle S.A., Probi AB, UAS Laboratories,
  Yakult Honsha Co. Ltd, Morinaga Milk Industry Co.
  Ltd, Kerry Group, and Kemin Industries.

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