Global Probiotics Market Size, Insights, Drivers, Opportunities, By Ingredient (Bacteria, Yeast), By Application (Food & Beverages, Dietary Supplements, Feed, Dairy, Non-dairy, Beverages, Infant Formula), By Region, Growth, Trends and Forecast from 2019 to 2027
Global Probiotics Market Size, Insights, Drivers, Opportunities, By Ingredient (Bacteria, Yeast), By Application (Food & Beverages, Dietary Supplements, Feed, Dairy, Non-dairy, Beverages, Infant Formula), By Region, Growth, Trends and Forecast from 2019 to 2027
Historic years: 2015 to 2017 Base Year: 2018 Forecast Years: 2019 to 2027
Number of pages: 100 Category: FnB Report Id: MISFnB5512
Market Insight
The global probiotics market was valued at USD 48.3 billion in 2018 and is estimated to reach a value of USD 89.5 billion in 2027. The market analysis shows a rise at a CAGR of 7.1% over the forecast period of 2019 to 2027. The primary factor attributing to the market growth is rising consumer demand towards different preventive healthcare in conjunction with the development of efficient probiotic strains. Primary and secondary researchers have identified Archer Daniels Midland Company (ADM), DowDuPont, Nestle, Bifodan A/S, Lallemand, Probi AB, General Mills, Uas Laboratories, Glac Biotech and Kerry as the key players in the global probiotics product market. However, considering the analysis of this segment, factors like company revenue, consumer trends towards selecting a particular brand, and penetration of the probiotics companies are being considered.Segment Insight
The global probiotics market can be classified on the basis of Ingredient, application, and region. Based on Ingredient, the market is segmented into bacteria and yeast. Market segmentation by the application is food & beverages, beverages, and feed. In terms of region, the probiotics market is segmented into North America, Europe, Asia Pacific, Central & South America, and Middle East & Africa.Research Methodology
The following report consists of market analysis including both primary and secondary research. Primary research comprises the interaction between manufacturers, industry experts and channel partners, while the secondary research presents an analytical interpretation of relevant published database, which contains details like proprietary databases, purchased database, company annual reports, and financial reports.
Segments covered in the report
By Ingredient- Bacteria
- Yeast
- Food & Beverages
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- Dairy
- Non-dairy
- Beverages
- Infant Formula
- Others
- Dietary Supplements
- Feed
- North America
- U.S.
- Canada
- Mexico
- Europe
- U.K.
- France
- Germany
- Asia Pacific
- China
- India
- Japan
- Central & South America
- Brazil
- Middle East & Africa
- South Africa
- All market drifts, drivers and opportunities
- Analyzing the regional market for the growth factors, estimated analysis and its penetration to the global market
- Understanding the dynamics of the parent market
- Prime fluctuations of the market dynamics
- Evaluation of the market opportunities
- Historical, current, and projected size of the market from the standpoint of both value and volume
- Market segmentation and comprehensive analysis in the second or third level
- Reporting and evaluation of recent industry developments
- Analysis of market share and developments
- Detailed company profiling of leading companies
- Opportunities to newer markets in global and regional markets
- Analyzing the trajectory line of the business
- Measures to consider for probiotics in the market