Tag Archives: Probiotics Market

Growth opportunities and latent adjacency in Probiotics Market

The ****** probiotics market is estimated to be valued at USD 49.4 billion in 2018 and is projected to reach USD 69.3 billion by 2023, at a CAGR of 7.0% during the forecast period. The probiotics market is driven due to the rising number of health-conscious consumers across the globe and the growing trend of consumption of health-benefiting products in the form of functional foods drives the demand for probiotic products such as yogurt. Countries such as China and South Korea are projected to be the major revenue pockets for probiotic product manufacturers in the coming years amidst the adoption of hectic lifestyle in these countries. Manufacturers are focusing on various innovations based on consumer preference, which has further driven the demand for probiotic products. The rise in the demand for probiotic dietary supplements in North America, which is a huge market for probiotics has further boosted sales of probiotic products.

Probiotics Market Growth and Dynamics Factors | Key Market Players Arla, BioGaia, Danone, Danisco, Nestle

Probiotics are defined as live microbial food ingredients that have a beneficial effect on human health. Probiotics are different from other types of bacteria in that they are considered good bacteria or non-pathogenic in healthy people. Moreover, it is a microbial organism which is not harmful which is driving the market growth. The overall ****** Probiotics Market was valued at $ 43.13 bn in 2018 and is forecast to grow at a strong 6.75% CAGR between 2018 and 2026, resulting in 2026 ****** sales of $72.74bn. However, staggering R&D costs for developing new probiotic strains are restraining the market growth. Moreover, prohibition on the use of Antibiotic Growth Promoters (AGPS) in Feed in the EU provide sample opportunity for market
****** Probiotics: Key Segments

Probiotics Market Grow at a CAGR of 6.75% During 2018 to 2026 | Key Market Players Arla, BioGaia, Danone, Danisco, Nestle

Probiotics are defined as live microbial food ingredients that have a beneficial effect on human health. Probiotics are different from other types of bacteria in that they are considered good bacteria or non-pathogenic in healthy people. Moreover, it is a microbial organism which is not harmful which is driving the market growth. The overall ****** Probiotics Market was valued at $ 43.13 bn in 2018 and is forecast to grow at a strong 6.75% CAGR between 2018 and 2026, resulting in 2026 ****** sales of $72.74bn. However, staggering R&D costs for developing new probiotic strains are restraining the market growth. Moreover, prohibition on the use of Antibiotic Growth Promoters (AGPS) in Feed in the EU provide sample opportunity for market
****** Probiotics: Key Segments

Probiotics Market Size to reach $73.8 billion by 2024– KBV Research

According to a new report ****** Probiotics Market, published by KBV research, the ****** Probiotics Market size is expected to reach $73.8 billion by 2024, rising at a market growth of 7.7% CAGR during the forecast period.

The Asia Pacific market would dominate the ****** Bacteria Probiotics Market by Region by 2024, growing at a CAGR of 7.5 % during the forecast period. The Europe market is expected to witness a CAGR of 5.9% during (2018-2024). Additionally, The North America market is expected to witness a CAGR of 5.7% during (2018-2024).