The key factors driving the probiotics market are rising demand from functional food and dietary supplements industry and increasing health consciousness among consumers. Strong scientific evidence for disease treatment and auxiliary health benefits provided including curing intestinal inflammation, urogenital infection and bad gut bacteria treatment should facilitate the probiotics product demand globally. However, factors such as strict international quality standards and regulations for probiotic products and high research and development costs for developing new probiotic strains act as a threat to probiotic market growth. A ban on the use of antibiotics and growth promoters in Europe lead to high demand for probiotics as an alternative which further provides a developing opportunity for the market players over the forecast period.
The reports cover key developments in the probiotics market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from probiotics market are anticipated to lucrative growth opportunities in the future with the rising demand for Probiotics in the global market. Below mentioned is the list of few companies engaged in the Probiotics market.
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• Chr Hansen Holding A/S,
• Danone S.A.
• E. I. du Pont de Nemours and Company
• Ganeden, Inc
• Lifeway Foods, Inc.
• Nestle S.A
• Probi AB
• Yakult Honsha Co., Ltd.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global probiotics market based on various segments. It also provides market size and forecast estimates from the year 2018 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The probiotics market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the probiotics market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the probiotics market in these regions.
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