Press release
Europe Probiotics Market to exceed $21.5bn by 2024: BioGaia, Arla Foods, Danone, General Mills, and Lallemand
Europe Probiotics Market to reach USD 21.5 billion by 2024. Growing demand for functional food & beverages and dietary supplements along with increasing availability of these products in supermarkets, grocery stores, health food stores & pharmacies are stimulating Europe probiotics market growth. These products help in treating various intestinal disorders such as lactose intolerance, bloating and irritable bowel disease which has resulted in increased health consciousness and rising product demand.Europe Probiotics Market Size by Ingredients, By End Use, By Application, Industry Analysis Report, Regional Outlook, Application Potential, Price Trends, Competitive Market Share & Forecast, 2018 – 2024, as reported in the latest study by Graphical Research.
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Europe probiotics market from streptococcus may witness gains at over 7.5% in the predicted timeframe. These products provide protection against colon cancer, boost immunity, avoid antibiotic-associated diarrhea and reduce the possibility of kidney stones. In 2017, the deaths occurring from colon cancer was approximately 170,000 people in the EU which indicates ample opportunities for the market growth.
Europe probiotics market from dietary supplements was valued at over USD 1.4 billion in 2017. Shifting preferences towards preventive healthcare and enhancement in delivery systems such as sticks & capsules may contribute to the regional market growth.
UK animal probiotics market may show significant gains exceeding 7% in the forecast period. These products offer several benefits such as improvement in feed conversion efficiency, growth and mortality reduction of animals. Moreover, EU ban on antibiotic growth promoters has increased awareness of healthy animal feed which is predicted to accelerate industry growth.
The low stability of probiotic organisms which mandates careful manufacture, storage and transportation methods and stringent regulations concerning scientific requirements & their labelling may hamper market growth.
BioGaia, Arla Foods, Danone, General Mills, and Lallemand are some prominent manufacturers in the substantially competitive Europe probiotics market. Companies are focusing on acquisitions to enhance their product offering and expanding their market share along with indulging in joint ventures to improve their R&D capability and accelerate market demand.
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Segments We Cover:
Europe Probiotics Market size, By Ingredients
• Lactobacilli
• Bifidobacterium
• Streptococcus
• Bacillus
• Others
Europe Probiotics Market Analysis, By End-Use
• Human Probiotics
• Animal Probiotics
Europe Probiotics Market Demand, By Application
• Food & Beverages
• Dietary Supplements
• Animal Feed
The above information is provided for the following country’s:
• Germany
• UK
• France
• Italy
• Netherland
• Belgium
• Russia
• Spain
Browse key industry insights from this 2018 report Europe Probiotics Market @
https://www.graphicalresearch.com/industry-insights/1047/europe-probiotics-market
About Graphical Research:
Graphical Research is a business research firm that provides industry insights, market forecast and strategic inputs through granular research reports and advisory services. We publish targeted research reports with an aim to address varied customer needs, from market penetration and entry strategies to portfolio management and strategic outlook. We understand that business requirements are unique: our syndicate reports are designed to ensure relevance for industry participants across the value chain. We also provide custom reports that are tailored to the exact needs of the customer, with dedicated analyst support across the purchase lifecycle.
Contact Us:
Parikhit B.
Corporate sales,
Graphical Research
Email: sales@graphicalresearh.com
Web: https://www.graphicalresearch.com/
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