Press release
Probiotics Market Rising at 7% CAGR During 2018-2024: Analysis of Key Players Yakult, Nestle, Danone, General Mills, Lallemand, Chr. Hansen Holding, Arla Foods
Probiotics Market, Global Probiotics Market Size, Probiotics Industry, Probiotics Market Trends, Probiotics Market Share
Growing healthcare concerns along with rapid geriatric population growth may lead to high usage of functional food & beverages particularly in China, India and Japan. Strict government regulations in EU regarding ban of antibiotics may lead to increased consumption of probiotics strains in various baked and dairy products such as yogurt, cheese and cakes thereby stimulating probiotic ingredients market growth. Probiotic Ingredients Market may exceed USD 3 billion by 2024; according to a new research report.
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Animal probiotic ingredients may register gains at over 7.5% up to 2024. These products are used as animal feed additives which aids in enhancing growth performance and provides feed efficiency in aquaculture, cattle, swine and poultry livestock. Additionally, lactobacillus used in animal feed improves growth performance, nutrient utilization, gut health feed conversion efficiency and regulates immune system. Rising livestock production on account of increasing demand for meat and dairy products may enhance probiotic ingredients market demand.
Probiotic ingredients market from dietary supplements may surpass USD 275 million by the end of forecast period. These are beneficial bacteria improving various health conditions such as irritable bowel syndrome, diarrhea, along with improving gut health and immunity. Dietary supplements containing probiotic strains are easily absorbable, easy to incorporate and promote overall health and wellness thereby providing essential nutrients in the body. Rising consumer awareness of functional ingredients and rapid prevalence of digestive health issues may foster probiotic ingredients market growth.
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China probiotic ingredients market demand may witness growth at above 7% by 2024. Rising meat production backed by financial support from government subsidies coupled with rapid industrialization and middle class population may enhance regional growth. Additionally, increasing trends towards eating out and growth in fast food industry may stimulate meat consumption. Rising health cautiousness and growing awareness regarding feed additive products among livestock farmers may stimulate eubiotics market growth.
Global probiotic ingredients market share is competitive among major industry participants such as Danone, General Mills, Yakult, Nestle, Lallemand, Chr. Hansen Holding and Arla Foods. Many manufacturers in the market are highly investing in R&D activities regarding replacement of AGPs along with engaging in partnerships and agreements to capture major market share and enhance global reach.
Table of Contents
Chapter 1. Methodology & Scope
Chapter 2. Executive Summary
Chapter 3. Probiotics Ingredients Market Industry Insights
Chapter 4. Probiotics Ingredients Market, By Ingredients
Chapter 5. Probiotics Market, By End-Use
Chapter 6. Probiotics Market, By Application
Chapter 7. Probiotics Ingredients Market, By Region
Chapter 8. Probiotics Ingredients Market, Company Profiles
For more information on this report at: https://www.marketstudyreport.com/reports/probiotics-market/?utm_source=OPR-SP
For more info - https://www.marketwatch.com/press-release/Global-Medical-Electrodes-Market-Set-to-Register-8-CAGR-to-Hit-USD-1520-million-by-2023-2018-12-13/?utm_source=OPR-SP
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