Probiotics Market research report provides granular analysis of the market share, segmentation, revenue forecasts and geographic regions of the market. Probiotics Market report 2016-2020 focuses on the major drivers and restraints for the key players. The Probiotics market research report is a professional and in-depth study on the current state of Probiotics Industry.
Analysts forecast the global Probiotics market to grow at a CAGR of 7% during the period 2016-2020.
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The research report covers the present scenario and the growth prospects of the global Probiotics industry for 2016-2020.
The increasing health consciousness among the consumers globally is driving the growth of this market. APAC is the fastest growing region in the probiotics market with the maximum demand arising from Japan.
The increasing product innovations in the probiotic market is also expected to fuel the market growth. New probiotic products are being introduced in the form of chocolate, biscuits, and gums to pique the interest of the customer. For instance, during 2014, Milsling introduced a probiotic dark chocolate brand named ‘Chocowise’. The brand is sold in numerous markets such as Serbia, Croatia and Bosnia and is expected to enter other European markets as well.
Probiotics Market Segmentation by Product:
• Functional food and beverages
• Dietary supplements
• Animal feed
Segmentation by end use and analysis of the probiotics market
• Human probiotics
• Animal probiotics
Key Vendors of Probiotics Market:
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The Probiotics market report also presents the vendor landscape and a corresponding detailed analysis of the major vendors operating in the market. Probiotics market report analyses the market potential for each geographical region based on the growth rate, macroeconomic parameters, consumer buying patterns, and market demand and supply scenarios.
Human probiotics was the dominant sector during 2014 due to its constant extension to fields other than food and drugs. This segment is expected to reach USD 44 billion by the end of 2019. Due to the rising health awareness among people in countries like the US, the demand for the probiotics in functional food, beverages and dietary supplements is expected to increase.
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Geographical Segmentation of Probiotics Market:
• Latin America
• North America
The report provides a basic overview of the Probiotics industry including definitions, segmentation, applications, key vendors, market drivers and market challenges. The Probiotics market analysis is provided for the international markets including development trends, competitive landscape analysis, and key regions development status
Through the statistical analysis, the report depicts the global Probiotics market including capacity, production, production value, cost/profit, supply/demand and import/export. The total market is further divided by company, by country, and by application/type for the competitive landscape analysis.
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