Global Probiotics Market 2018 - 2024: Industry Trends and Analysis of Key Players – Arla Foods, BioGaia AB, Chr. Hansen, Danone and DuPont Danisco

The report is a comprehensive exploration of global Probiotics market offering growth rates, size of the industry, competitive landscape information, factors to the contributing growth of the global Probiotics market and more.

Increasing application usage in dietary supplements, food & beverages and animal feed should propel probiotics market demand. These ingredients stimulate natural enzymes and digestive juices ensuring enhanced digestion and proper functioning of immune system. Shift in consumer preferences towards healthy food diet and rising consumption of dietary supplement along with rise in geriatric population in the U.S., Germany, and UK is likely to promote industry growth.

Rising incidences of livestock diseases owing to growing awareness among farmers towards feed additive quality should stimulate product demand. Presence of major manufacturers and industry players investing in probiotics market might act as a contributing factor for product demand.

Global probiotics industry share is moderately fragmented including key industry players like Arla Foods, BioGaia AB, Chr. Hansen, Danone and DuPont Danisco. The companies focus majorly in expanding its production capacity along with widening product & application portfolio by adopting strategies like mergers & acquisition, partnerships and investing in R&D.

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Favorable regulatory regimes regarding use of probiotics in feed & food ingredients along with ban on use of antibiotic growth promoters (AGP) owing to long term side effect should drive demand industry growth. Consumer awareness regarding quality of meat & meat products, dairy & dairy products leads to increasing for probiotic ingredients impacting product demand in Asia Pacific and European regions.

Human probiotics market may witness gains at over 6.5% during the projected timeframe. This growth can be attributed by increasing application usage for these ingredients in dairy, food & beverages, non-dairy products and fermented meat. The product range includes oat-based products, chocolates, yogurts and dietary supplements in powder, tablet and capsule forms.

Lactobacilli based probiotics market may surpass USD 45 billion by 2024. This growth in revenue generation can be ascribed to its prominent application in fortified foods like fermented foods, yogurt, supplements, milk & milk products. These form of bacterial strain helps in breaking down food, absorb essential nutrients and fight off infectious bacteria which cause diarrhea. It is added to milk for its probiotic properties which is easily digestible than regular milk for lactose intolerant individuals, thereby driving product demand.

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Probiotics market from food & beverage application should witness significant gains at over 7% during projected period. It includes cereals, non-dairy & dairy products, baked food, dry food and fermented meat products. This rise in demand can be ascribed to the demand for functional food due to increasing per capita income and rising health concern.

Germany probiotics market should generate revenue surpassing USD 5 billion by 2024. The regional demand for probiotics can be attributed by increasing growth for ingredients in dietary supplement owing to rising consumer awareness towards health benefits offered by product. Germany is also a major producer for milk & milk products thus driving regional product demand.

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Table of content:

Chapter 2 Executive Summary

2.1 Probiotics industry 360 degree synopsis, 2013 - 2024

2.1.1 Business Trends

2.1.2 Regional trends

2.1.3 Ingredients trends

2.1.4 End-use trends

2.1.5 Application trends

Chapter 3 Probiotics Market Industry Insights

3.1 Industry segmentation

3.2 Industry landscape, 2013 - 2024

3.3 Industry ecosystem analysis

3.3.1 Vendor matrix

3.3.2 Distribution channel analysis

3.3.2.1 Collaboration/Partnership

3.3.2.2 Service Providers

3.3.2.3 Contract Manufacturing

3.3.2.4 Technology providers

3.4 Regulatory landscape

3.4.1 Probiotic representation across the globe

3.4.1.1 U.S.

3.4.1.2 Europe

3.4.1.3 Japan

3.4.1.4 India

3.4.1.5 China

3.5 Technology landscape

3.6 Cost structure analysis

3.7 Pricing analysis

3.7.1 Lactobacilli price trends

3.7.2 Bifidobacterium price trends

3.7.3 Streptococcus price trends

3.7.4 Bacillus price trends

3.7.5 Others price trends

3.8 Industry impact forces

3.8.1 Growth drivers

3.8.1.1 Asia Pacific

3.8.1.1.1 Functional food market growth which will drive probiotics demand

3.8.1.1.2 Increased consumption of meat

3.8.1.2 Antibiotics ban in Europe and the U.S

3.8.2 Industry pitfalls & challenges

3.8.2.1 Standardization issue

3.8.2.2 Technological Limitations

3.9 Growth potential analysis, 2017

3.9.1 Emerging business model

3.9.1.1 New Product Launch

3.9.1.2 Collaboration/Joint ventures

3.9.1.3 Acquisitions

3.10 Porter's analysis

3.11 Company market share analysis, 2017

3.12 Patent landscape

3.13 PESTEL analysis

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