MARKET INTRODUCTION

Probiotics are live bacteria that are useful for the digestive system. They are also called as good microorganisms and promote human health when consumed in enough quantities. Probiotic are useful in preventing and treating inflammatory conditions, such as pouchitis, inflammatory bowel diseases, and chronic stomach inflammation. It also helps in treating constipation, irritable bowel syndrome, acid reflux, spastic colon, and reducing the recurrence of the bladder and colorectal cancer. Probiotics produce vitamins such as B6, B12, and K2, and aid the absorption of minerals such as iron, calcium, and magnesium. Thus, they are called as new vitamins.

MARKET DYNAMICS

The key factors driving the probiotics market are rising demand from functional food and dietary supplements industry and increasing health consciousness among consumers. Strong scientific evidence for disease treatment and auxiliary health benefits provided including curing intestinal inflammation, urogenital infection and bad gut bacteria treatment should facilitate the probiotics product demand globally. However, factors such as strict international quality standards and regulations for probiotic products and high research and development costs for developing new probiotic strains act as a threat to probiotic market growth. A ban on the use of antibiotics and growth promoters in Europe lead to high demand for probiotics as an alternative which further provides a developing opportunity for the market players over the forecast period.

MARKET SCOPE

The "Global Probiotics Market Analysis to 2027" is a specialized and in-depth study of the food and beverages industry with a special focus on the global market trend analysis. The report aims to provide an overview of the probiotics market with detailed market segmentation by ingredient, end use, application, distribution channel, and geography. The global probiotics market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading probiotics market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

The global probiotics market is segmented on the basis of ingredient, end use, application and distribution channel. On the basis of ingredient the global probiotics market is segmented into lactobacilli, bifidobacterium, streptococcus, bacillus, and others. The probiotics market on the basis of the end use the market is classified into human, and animal. On the basis of application, the probiotics market is classified into functional food & beverages, dietary supplements, and animal feed. Likewise, by distribution channel the global probiotics market is bifurcated into supermarkets, pharmacies, online, and others.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global probiotics market based on various segments. It also provides market size and forecast estimates from the year 2018 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The probiotics market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the probiotics market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the probiotics market in these regions.

MARKET PLAYERS

The reports cover key developments in the probiotics market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from probiotics market are anticipated to lucrative growth opportunities in the future with the rising demand for Probiotics in the global market. Below mentioned is the list of few companies engaged in the Probiotics market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the probiotics market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.

-BioGaia AB

-Chr Hansen Holding A/S,

-Danone S.A.

-E. I. du Pont de Nemours and Company

-Ganeden, Inc

-Lifeway Foods, Inc.

-Nestle S.A

-Probi AB

-Protexin,

-Yakult Honsha Co., Ltd.

Publisher's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.