Global Probiotics Market to Witness Rapid Growth in Demand during 2019-2025. One of the major factor expected to drive the market in upcoming years is strong demand for healthy products among consumers, for instance probiotics. In addition, probiotics is an important portion of functional foods & beverages and also well-recognized for better gut functionality as well as boosting immunity boost.
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Furthermore, rising demand for probiotic dietary supplements as well as nutritive supplements for animals is expected to fuel the growth of probiotic market in forthcoming years. Moreover, probiotics not only enable better immunity to digestive health but also has other benefits like providing better oral health, skin health, feminine health, weight control & diabetes, sport endurance, cognitive health and cardiovascular health. Similarly, fermented beauty products rich in nutrients as well as other elements, including antioxidants, probiotics and vitamins are further spurring the probiotics market growth. On the other hand, stringent regulations by government plus certain technological hurdles are some major factors that are expected to restraint the market growth in upcoming years.
The global market of probiotic has been segmented by different packaging types, distribution channels, forms and geography. Further packaging type segment has been bifurcated into blisters, containers, bottles, sachets, droppers, stick packs and others. Container sector of the segment is expected to lead the market with significant highest CAGR in terms of revenue over the forecast period.
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Likewise, form segment of the global probiotics market has been sub-segmented into liquid as well as dry. Dry sub-division has further been categorized as capsules, tablets/ caplets, powder/ granules and chewables. Additionally, dry segment is probable to rule the market over forecast spell because of the accessibility of superior product variants coupled with rising product offerings in powder/granule forms. Also, distribution channel of the Probiotics market across the globe is sub-divided into pharmacies/ drugstores, hypermarkets/ supermarkets, specialty stores and online sales.
Geographically, the market has been divided into several key regions including North America, Europe, Latin America, Asia Pacific and Middle East & Africa. North America and Europe regions are likely to govern the global probiotic market with highest value share over the forecast spell trailed by Asia Pacific region. Moreover, Asia pacific region is anticipated to become one of the most prominent market by the end of 2025 owing to growing product penetration as well as increasing awareness as a result of promotional events.
Some of the key players operating in the competitive landscape of global Probiotics market include BioGaia AB, Chr. Hansen Holding A/S, DowDuPont Inc., Probi AB, Nestlé S.A., The Procter & Gamble Company, Lallemand Inc. Pfizer Inc., Probiotics International Limited, PharmaCare Laboratories, SymbioPharm GmbH, Dr. Willmar Schwabe Group and others.
Key segments of the global Probiotics market include:
Packaging Type Segment
- Blisters
- Bottles
- Containers
- Sachets
- Stick Packs
- Droppers
- Others
Form Segment
- Dry
- Liquid
Distribution Channel Segment
- Hypermarkets/Supermarkets
- Pharmacies/Drugstores
- Specialty Stores
- Online Sales
Geographical Segment
- North America
- S.
- Canada
- Europe
- K.
- Germany
- France
- Spain
- Italy
- Rest of Europe
- Asia Pacific
- China
- Japan
- Australia
- India
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- South Africa
- Saudi Arabia
- Rest of Middle East & Africa
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What to expect from the upcoming report on ‘Global Probiotics Market’:
- Analyzes future prospects as well as global & US Probiotics Market trends over the forecast period (2018-2025)
- Information regarding technological progressions as well as innovations taking place in developing as well as developed economies and also various macro & microeconomic factors that affect the growth of the market.
- Supportive initiatives by government likely to influence the market dynamics.
- Key drivers influencing market’s growth, opportunities, restraints, sales channels and distributors.
- In-depth analysis of different market segmentations including end-user, business model and geographical regions.
- Deep analysis about the competitive landscape of the market and the initiatives by them to improve this market such as expansions, growth strategies, agreements, new product launches and acquisitions in the market
- Value Chain and Sales Channels Analysis
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Report is especially designed for Venture capitalists, Investors, financial institutions, Analysts, Government organizations, regulatory authorities, policymakers, researchers, strategy
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The global probiotics market surpassed USD 44.2 billion in 2019 and is expected to rise at a CAGR of 7.7% by the end of 2025.
Including factors such as market drivers, challenges and opportunities.
Based on the application segments, the food & beverage segment is estimated to account for the largest share in the probiotics market in 2018.
The products in this group include foods & beverages, which, due to their unique ingredients, provide distinct health benefits beyond basic nutrition.
A variety of probiotic items are sold in Japanese supermarkets, ranging from fortified foods to candy focused on Lactobacillus strains and Bifidobacterium in general.Browse Complete Report @ https://www.adroitmarketresearch.com/industry-reports/probiotics-marketThe growth of the probiotic market is hindered with substantial expenditure in R activities and investments in laboratory, testing equipment and high cost for hiring qualified professionals.
A key observation over the years is the increasing focus of key players to tap the South East Asian markets owing to the presence of a sizable consumer base in the region.Key Segments of the Global Probiotics MarketApplication Overview, 2015-2025 (USD Million)Functional Food & BeveragesDairy productsNon-dairy productsInfant formulaCerealsOthersDietary supplementsFeedIngredient Overview, 2015-2025 (USD Million)BacteriaYeastEnd-use Overview, 2015-2025 (USD Million)HumanAnimalRegional Overview, 2015-2025 (USD Million)North AmericaU.S.CanadaEuropeGermanySpainUnited KingdomFranceRest of EuropeAsia PacificChinaJapanIndiaRest of Asia PacificLatin AmericaBrazilMexicoRest of Latin AmericaMiddle East & AfricaMiddle East & AfricaMake an Enquire to Buy this Report @ https://www.adroitmarketresearch.com/contacts/enquiry-before-buying/394What does the report include?
The Spirulina Market is expected to grow at a CAGR of 10.3% from 2020-2030, according to a new research report by Next Move Strategy ConsultingSpirulina is a blue green algae with high nutrient content, usually consumed by human & animals.
It is also used as a complementary diet ingredient in aquaculture & poultry feeds owing to the presence of high protein & vitamin content.According to the report, growth in health consciousness among people and the rising demand for dietary supplements are major factors driving the spirulina market growth.
Additionally, high penetration of spirulina in industries such as cosmetics and pharmaceutical owing to the advantageous properties such as anti-aging, anti-wrinkles and othersare bringing changes in market tends.However, low stability & poor sustainability of spirulina derived colours is expected to restrict the market growth.Moreover, growth in research & development activities followed by untapped market opportunities in developing economies are anticipated to provide numerous opportunities to the market players in the coming few years.On the basis of type, spirulina market share is segmented into Arthrospira Platensis and Arthrospira Maxima.
Arthrospira Maxima dominates the global Spirulina market and will be the dominant throughout the forecasted period.On the basis of application, the Spirulina market is categorised into Nutraceuticals, Food & Beverages, Cosmetics, Animal Feed, and Others.Food & Beverages segment is likely to develop significantly over the period of time owing to fast growing food & beverage industry.On the basis of drug formulation, the spirulina market is bifurcated into Powder, Tablet & Capsule, Liquid, and Granule & Gelling Agent.
Powder segment is expected to account for the major market share & dominate the market growth over the forecast period.North America dominates the spirulina market in terms of market size over the forecast period, owing to rising health consciousness among people.
Hansen Holding A/S, Algenol Biofuels Inc., Dongtai City Spirulina Bio-engineering Co., Ltd., Prolgae, Parry Neutraceuticals, Sensient Technologies Corporation, DDW Inc., Algatec and Naturex S.A.Browse key industry insights from the report, “Spirulina Market Size By Type (ArthrospiraPlatensis and Arthrospira Maxima) By Application (Nutraceuticals, Food & Beverages, Cosmetics, Animal Feed, and Others), By Drug Formulation (Powder, Tablet & Capsule, Liquid, and Granule & Gelling Agent)Regional Outlook (U.S., Canada, Germany, UK, France, Spain, Italy, Russia, China, India, Japan, Australia, Indonesia, Malaysia, South Korea, Brazil, Mexico, South Africa, Saudi Arabia, UAE, Kuwait), Growth Potential, Price Trends, Competitive Market Share & Forecast, 2020–2030” in detail along with the table of contents:Key Insights from the Spirulina Market Report:Asia Pacific is the fastest growing region in Spirulina market owing to the rising demand of spirulina from various industries such as cosmetics, food , healthcare and others and government initiatives to promote local spirulina production.The Food & Beverages segment dominates the market in terms of application and is expected to grow at a significant CAGR to maintain the lead till 2030.Some of the major players in the market are DIC Corporation, Cyanotech Corporation, Chr.
