The synbiotic combine prebiotics and probiotics in formulation for synergistic health benefits. Synbiotics improve gut health and modulate bacteria in the host to improve the gastrointestinal functions. They play an important role in the prevention of osteoporosis, alleviation of lactose intolerance and other common conditions. Synbiotics promote healthy heart and relieve inflammation while reducing risk of any cardiovascular or carcinogenic disorders. These are used for food fortification and can also be found in the supplement form which often combine plant-based prebiotics with health promoting strains of probiotics. Synbiotics are available in food, feed, and pharma grade among others.
MARKET DYNAMICS
The synbiotic market is anticipated to grow in the forecast period owing to driving factors such as growing awareness among consumers towards health and nutritional supplementation. Growing demands from the pet food and pharmaceutical industries on account of nutritional benefits further supports the growth of the symbiotic market. However, high manufacturing costs of synbiotics is a major restraint for the growth of the symbiotic market. Nonetheless, technological advancements for the deployment of product in aquaculture is expected to be a major opportunity for the players involved in the symbiotic market during the forecast period.
MARKET SCOPE
The "Global Synbiotic Market Analysis to 2028" 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 synbiotic market with detailed market segmentation by product type, application, and geography. The global synbiotic market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading synbiotic market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global synbiotic market is segmented on the basis of product type and application. Based on product type, the market is segmented as food grade, feed grade, pharma grade, and others. On the basis of the application, the market is segmented as animal feed, pharmaceuticals, dietary supplement, food & beverage, and others.
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REGIONAL FRAMEWORKThe report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global synbiotic market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The synbiotic 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 synbiotic 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 & Central America after evaluating political, economic, social and technological factors affecting the synbiotic market in these regions.
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MARKET PLAYERSThe reports cover key developments in the synbiotic 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 the way for the expansion of business and customer base of market players. The market payers from synbiotic market are anticipated to lucrative growth opportunities in the future with the rising demand for synbiotic in the global market. Below mentioned is the list of few companies engaged in the synbiotic market.
The report also includes the profiles of key synbiotic companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of the last three years, key developments in the past five years.
-BIOMIN Holding GmbH
-Daflorn Ltd.
-Danone S.A.
-Diamond V
-General Mills Inc
-Pfizer Inc.
-Probiotical S.p.A.
-Sabinsa Corporation
-Seed Health, Inc.
-UAS Laboratories Inc.
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