Bacillus Coagulans Market Demands and Growth Prediction, Outlook 2018-2026 and The Leading Players - Ganeden, Sabinsa Corporation, UAS Laboratories, Sanzyme, Mitsubishi Chemical Foods Corporation, Mystical Biotech Pvt. Ltd., Aumgene Bioscience

Bacillus coagulans is a bacteria utilized as a probiotic. The bacteria’s ability to withstand harsh acidic environments has led to its adoption in probiotics, which specifically targets the human digestive system. It is useful in alleviating stomach ailments, constipations, flatulence, abdominal pain, and irritable bowel syndrome. Due to the bacteria’s efficacious properties, it finds application in both human and animal nutrition. Other beneficial properties include improved immunity, prevention of respiratory disorders, and anti-carcinogenic agent.

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Asia Pacific held the largest revenue share in the global bacillus coagulans market in 2016. The region was valued at US$ 236 million in 2016. The region is also projected to be the fastest growing with a CAGR of 7.91% over the forecast period.

The emerging economies of ASEAN, China and India are expected to be the key markets for bacillus coagulans, as these are major consumers of functional food and beverages. Moreover, increasing geriatric population in these economies is one of the major factors driving growth of the market. According to the Economic and Social Commission for Asia Pacific (ESCAP), the total number of elderly people is expected to double by 2050, which will be around 1.3 billion from 547 million in 2016. Japan is the largest consumer of probiotics, owing to its wide usage in herbal medicine for maintaining health and treating diseases, which is further driving overall growth of the market in Asia Pacific.

North America was the second largest market for bacillus coagulans in 2016. The region was valued at US$ 53 million in 2016 and is projected to exhibit a CAGR of 6.2% over the forecast period. U.S. is projected to be the major growth driver in this region over the forecast period, owing to increasing use of functional food and dietary supplements.

The global bacillus coagulans market is characterized by the presence of large scale manufacturers. Strategic mergers and acquisitions, product innovations, and joint ventures among others are some of the key strategies adopted by key players to ensure long-term sustenance in the market. Some of the major players operating in the market include Ganeden, Sabinsa Corporation, UAS Laboratories, Sanzyme, Mitsubishi Chemical Foods Corporation, Mystical Biotech Pvt. Ltd., Aumgene Bioscience, and Unique Biotech Ltd.

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