Uploaded on Dec 10, 2020
Probiotics Market anticipated forecast 2027 in key regions global
Probiotics Market
Probiotics Market anticipated forecast 2027 in key regions global
Market Overview
Probiotics are classified as beneficial bacteria’s that promote the healthy functioning of the
gut. They are basically consumed to treat the digestive disorder. Probiotics improve the
immune response and also preserve the proteins & lipids from oxidative destruction. Probiotics
are available in the form of tablets, powders, capsules, and gel.
The global probiotics market is projected to surpass US$ 80.0 billion by the end of 2027, in
terms of revenue, growing at CAGR of 6.8% during the forecast period (2020 to 2027).
Increasing consumption of functional and dietary supplements that have probiotics is expected
to foster the market growth. Yogurts products are gaining huge demand for which
manufacturer are continuously introducing a variety of products, thereby fueling the
market growth of probiotics. For instance, in September 2019, Brownes Dairy has expanded
its Western Australia market with the launch of Wiggles, a new range of prebiotic yogurt
pouches. Wiggles yogurt pouches use a prebiotic fiber extracted from a plant called
chicory root to help support the digestive health of consumers.
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Market Dynamics
The global probiotics market has witnessed significant growth in recent past years, owing to
the rising health-conscious and adoption of a healthy lifestyle among consumers in the region.
Moreover, growing awareness among consumers regarding health risks associated with
excessive consumption of sugary beverages and foods with have high-calorie content is
expected to provide lucrative growth to the global probiotics market over the forecast period.
Major players in the global probiotics market are increasing their investment on innovative
product launchings, research & development and marketing & promotional activities to
capitalize on emerging trends in food & beverage industry. This scenario is expected to fuel
the market during the forecast period.
Detailed Segmentation:
•Global Probiotics Market, By Type:
•Probiotics Food and Beverages
•Probiotics Dietary Supplements
•Probiotics Animal Feed
•Global Probiotics Market, By Application:
•Human Probiotics
•Animal Probiotics
•Global Probiotics Market, By Ingredient:
•Lactobacillus
•Streptococcus
•Bifidobacterium
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Key companies covered as a part of this study BioGaia AB, Chr. Hansen, Groupe Danone
S.A., Nestle S.A., PROBI AB, Lifeway Foods, Inc., Mother Dairy, General Mills, Inc.,
China-Biotics, Inc., Yakult Honsha Co., Ltd., and E. I. du Pont de Nemours and Company
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