Press release
Probiotics Market Size Estimated to Reach USD 77,240 Million during 2018 - 2026 with In-Depth Insights of Top Companies like: Danone, Yakult Honsha Co., Ltd., Nestle S.A., Lifeway Foods, Inc., Ganeden, Inc., Probi AB, BioGaia AB
Probiotics Market
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A significant increase in disposable income, changing lifestyles, and initiatives by Probiotics Market players to promote natural products drive the growth of this market. The health benefits offered by probiotics such as enhanced digestion, stronger immune system, healthier skin, decreased chances of cold and flu have increased its demand significantly over the years. Other factors supporting market growth include increasing awareness regarding use of probiotics in food products and beverages, and research and development for advancement.
Increasing demand from developing nations is expected provide numerous growth opportunities to the Probiotics Market players during the forecast period. Improvement in lifestyle and increasing disposable income, especially in the developing countries of Asia-Pacific fuels the demand for market. Factors such as increase in per capita income and changes in consumer behavior are expected to accelerate the adoption of probiotics in the coming years. Consumers are increasingly becoming aware regarding their health and taking preventive health measures, thereby promoting the adoption of probiotics.
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The well-known companies profiled in Probiotics Market report include Danone, Yakult Honsha Co., Ltd., Nestle S.A., Lifeway Foods, Inc., Ganeden, Inc., Probi AB, BioGaia AB, Danisco A/S, Nebraska Cultures, Lallemand Inc., General Mills, Inc., and I-Health Inc. among others. These companies launch new products and collaborate with other market leaders to innovate and launch new products to meet the increasing needs and requirements of consumers.
Asia-Pacific generated the highest revenue in the market in 2017, and is expected to lead the Probiotics Market throughout the forecast period. The rising geriatric population in the region, and increasing disposable income drive the market growth. The increasing demand of health products in the region along with increasing awareness regarding benefits of probiotics further support market growth. The increasing demand of probiotics for animal feed and growing demand for healthy livestock is expected to accelerate the adoption of probiotics during the forecast period.
TOC of Probiotics Market:
Chapter 1. Overview and Scope
Chapter 2. Executive Summary
Chapter 3. Market Insights
Chapter 4. Size and Forecast
Chapter 5. Dynamics and Segmentation
Chapter 6. Detailed Insight on Company Profiles
TOC Continued…...!!!
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