Probiotic Market Research Report

 

Global Probiotic Market

The GMI Research forecasts that the probiotic market is witnessing an upsurge in demand during the forecast period starting from 2020 till 2027. This is mainly due to the rising awareness associated with health benefits and the strong demand for health-based products amongst the people.

Probiotics are live microbial food ingredients that act as beneficial bacteria or non-pathogenic in the human body. It contains bacteria and yeast, which are widely categorized in the global probiotics market. Bacteria such as Bifidobacterium, Lactobacillus, are largely used in functional food and beverages, and the probiotics are considered safe to consume as it enhances the gut flora.

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The increasing awareness associated with health benefits and the increasing demand for health-based products amongst the people are the key drivers boosting the growth of the global probiotic market. Moreover, the easy availability of probiotic-based products is attracting a large number of consumers across the globe, which led to an upsurge in the global probiotic market. The health benefits regarding probiotics such as helps to prevent and treat diarrhea, gastrointestinal infections, and functions of the digestive system, enhance the immune system, decrease cholesterol and blood pressure, minimize the severity of certain allergies, among others which will further support the growth of the global probiotic market size. Growing demand for immunity boosting products amid COVID-19 will upsurge the growth of the market.

Probiotics consist of Bifidobacterium and Lactobacillus, which also enhance mental health conditions like anxiety, depression, obsessive-compulsive disorder. In addition to this, the research & development activities (R&D) for the development of advanced technological products are further anticipated to play an important role in fuelling the growth of the global probiotic market. On the other hand, the factors restraining the growth of the global probiotic market include the adverse effect on the human body suffering from immunodeficiency, central venous catheters, cardiac valve diseases, and short bowel syndrome.

Key Players of the Global Probiotic Market:

·        Danone

·        BioGaia

·        Chr. Hansen Holding A/S

·        Yakult Honsha Co. Ltd.

·        DuPont de Nemours, Inc.

·        Probi AB

·        Deerland Enzymes & Probiotics

·        Lifeway Foods Inc.

·        Capsugel

·        Culturelle

Market Segmentation:

Global Probiotic Market Report Segment by Type:

·        Bacteria

·        Yeast

Global Probiotic Market Report Segment by Application:

·        Food & Beverages

·        Dietary Supplements

·        Healthcare

·        Others

Global Probiotic Market Report Segment by Distribution Channel:

·        Online Stores

·        Hypermarkets

·        Specialized Stores

·        Others

Global Probiotic Market Report Segment by Region:

·        North America

o   United States of America

o   Canada

 

·        Asia Pacific

o   China

o   Japan

o   India

o   Rest of APAC

·        Europe

o   United Kingdom

o   Germany

o   France

o   Spain

o   Rest of Europe

·        RoW

o   Brazil

o   South Africa

o   Saudi Arabia

o   UAE

o   Rest of the world (remaining countries of the LAMEA region)

About GMI Research

GMI Research is a full-service market research and business-consulting organization that offers global as well as medium and small businesses with bespoke industry and market analysis to help them in making the toughest business decision. We have a team of industry experts that provides unbiased insights on reports to best meet the specific needs of our clients. GMI Research’s analysts rely on secondary research to lay down the foundation of every report. We use not only the internal but also the external databases to cull out relevant information of the industry. Our main aim is to keep our clients abridged of the emerging opportunities and challenges in a wide range of industries. We provide step-by-step assistance to our client, through strategic and consulting services to reach a managerial and actionable decision. Featured in the ‘Top 20 Most Promising Market Research Consultants’ list of Silicon India Magazine in 2018, we at GMI Research are always looking forward to helping businesses stay ahead of the curve.

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