Probiotic Market by Ingredient Type (Bacteria and Yeast), by Function (Regular Use, Preventive Healthcare, and Therapeutic), by Application (Food and Beverages, Dietary Supplements, and Animal Feed), and by End-user (Human Probiotics and Animal Probiotics): Global Industry Perspective, Comprehensive Analysis and Forecast, 2018 - 2024

Global probiotic market is expected to generate revenue of around USD 65.87 billion by end of 2024, growing at a CAGR of around 7.35% between 2018 and 2024. Probiotics help in preventing the overall growth of bacteria in the digestive tract, leading to improved bowel movement and nutrition absorption thus balancing the interstitial microbial by reducing the pH levels.

20-Jun-2018 | Number of pages: 110 | Report Code: ZMR-209 | Report Format : | Status : Published

Abstract

The report covers forecast and analysis for the probiotic market on a global and regional level. The study provides historical data from 2015 to 2017 along with a forecast from 2018 to 2024 based on revenue (USD Billion). The study includes drivers and restraints for the probiotic market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the probiotic market on a global level.

In order to give the users of this report a comprehensive view on the probiotic market, we have included competitive landscape and analysis of Porter’s Five Forces model for the market. The study encompasses a market attractiveness analysis, wherein ingredient, function, application, and end-user segments are benchmarked based on their market size, growth rate, and general attractiveness.

The report provides company market share analysis in order to give a broader overview of the key players in the market. In addition, the report also covers key strategic developments of the market including acquisitions & mergers, new technology launch, agreements, partnerships, collaborations & joint ventures, research & development, technology and regional expansion of major participants involved in the market on the global and regional basis. Moreover, the study covers price trend analysis, ingredient type portfolio of various companies according to the region.

Global Probiotic Market

The study provides a decisive view on the probiotic market by segmenting the market based on ingredient type, application, and regions. All the segments have been analyzed based on present and future trends and the market is estimated from 2018 to 2024. Based on ingredient type, the market is segmented into bacteria and yeast. Based on function, the market is segmented into regular use, preventive healthcare, and therapeutic. Based on application, the market is segmented into food and beverages, dietary supplements, and animal feed. The end user is segmented into human probiotics and animal probiotics. The regional segmentation includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa with its further categorization into major countries. This segmentation includes demand for probiotic market based on individual ingredient type, functions, applications, and end user in all the regions and countries.

Some of the key players in the probiotic market include BioGaia AB, Probi AB, Nestle S.A., E. I. du Pont de Nemours and Company, Protexin Danone, Chr. Hansen Holding A/S, Yakult Honsha Co. Ltd., Ganeden, Inc., Lifeway Foods, Inc., and others.

This report segments the global probiotic market as follows:

Global Probiotic Market: Ingredient Type Segment Analysis

  • Bacteria
  • Yeast

Global Probiotic Market: Function Segment Analysis

  • Regular Use
  • Preventive Healthcare
  • Therapeutics

Global Probiotic Market: Application Segment Analysis

  • Food and Beverages
  • Dietary Supplements
  • Animal Feed

Global Probiotic Market: End-user Segment Analysis

  • Human Probiotics 
  • Animal Probiotics

Global Probiotic Market: Regional Segment Analysis

  • North America
    • The U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • Middle East and Africa

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