Probiotics Market : Global Industry Size, Share, Trends, and forecasts 2014 to 2021
Probiotics are microorganisms, beneficial for gut health. These microorganisms are good bacteria & yeasts found in human and animal body, foods and supplements. They are popularly found in products such as yogurt, chocolate, etc.
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This report examines the global probiotics market and provides information regarding the revenue (USD Million) and volume (Kilo Tons) for the period 2014 to 2021. It further elaborates the market drivers which contribute to the growth. It then describes the restraints that are faced by the market. The market is classified into various segments with deep analysis of each segment for the study period.
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1. Rising awareness for improvement of gut health
2. Efficiency of the probiotics bacteria
1. Lack of standardization in the probiotics industry
2. Lack of knowledge about the benefits of probiotics
Market Report Analysis :
Market attractiveness analysis has been included in order to analyze the application segments that are estimated to be lucrative during the forecast period on the basis of their market size and growth rate. Attractiveness of the market has been derived from market size, profit margin, growth rate, availability of raw materials, competition, and other factors such as social and legal constraints. The probiotics market has further been segmented based on strain types such as lactobacillus, streptococcus, bifidobacterium, yeast, spore formers and others. The study provides forecast and estimates market for each strain type in terms of revenue and volume during the forecast period from 2015 to 2021. Each strain type has been further analyzed based on regional and country levels from 2014 to 2021 in terms of volume and revenue.
Best Region Of Markets :
In terms of geography, the probiotics market has been segmented into regions such as North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The study provides a detailed view of country-level aspects of the market on the basis of application segments and estimates the market in terms of revenue and volume during the forecast period.
SEGMENTATIONS IN REPORT :
A. Probiotics By Strain Types :
4. Spore Formers
B. Probiotics By Application :
1. Food And Beverages
2. Dietary Supplements
3. Animal Feed
C. Probiotics By End-Use :
1. Human Probiotics
2. Animal Probiotics