Probiotics Market

Probiotics Market Size and Growth Rate:

According to our research report, the Probiotics Market size is poised to reach USD 68300 Million by the end of 2023 from USD 46,540 Million in 2018 and this market witnessed a growth rate of 7.5% during the forecast period 2018-2023.

Probiotics Market Overview:

Probiotics are microorganisms, such as bacteria and yeasts that benefit humans and animals by maintaining intestinal microbial balance. The probiotic ingredients stimulate the natural digestive juices and the body enzymes so that the digestive system works without problems. They can be administered as food or as supplements.

Probiotics Market - Growth Drivers and Opportunities:

The growing demand for probiotics among the increasing number of health-conscious consumers is expected to drive growth in the global probiotic market during the forecast period. A large number of health benefits associated with probiotic products is one of the main factors to increase the demand for these products.

Probiotics Market - Regional Analysis:

The Asia-Pacific region dominates the world probiotic market due to growth and ongoing research in Japan, as well as incentives from India and China. In addition, the increased awareness of users about the health benefits of probiotic yogurt contributes to the expansion of the market in North America and Europe. Yogurt is known for its nutritional value and health benefits.

Prominent Companies in the Probiotics Market analyzed in the report are:

• CHR. Hansen Holdings A/S
• Danone
• Nestle S.A
• Yakult Honsha Co. Ltd
• E. I. DuPont de Nemours
• BioGaia AB
• Lifeway Foods, Inc
• Probi AB
• Nebraska Cultures Inc
• Probiotics International Ltd

This research report includes following segmentation for the Probiotics Market size and forecast until 2023:

Probiotics Market – By End Users:

• Human
• Animal feed

Probiotics Market – By Application:

• Food & beverages

  • Dairy products
  • Non-dairy products
  • Cereals
  • Baked foods
  • Fermented meat products
  • Dry food

• Dietary supplements

  • Food supplements
  • Nutritional supplements
  • Specialty nutrients
  • Infant formula

• Animal feed

Probiotics Market – By Geography:

North America                                                 

• United States                                
• Canada                                          

Europe                                                                                              

• United Kingdom                                            
• Germany                                       
• France                                           
• Italy                                
• Spain                                             

Asia-Pacific                                                      

• China                                             
• India                                              
• Japan                                             
• South Korea                                  

Latin America                                                                              

• Brazil                                             
• Argentina                                      
• Mexico                                          

Middle-East & Africa                                                       

• Middle-East
• Africa