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Bacillus Coagulans Market is Awaited to Reach at a 34 Million USD by the End of 2025, with a CAGR of 8.1%: QY Research
In its recently published report, The analysts have focused on key aspects of the global Bacillus Coagulans market such as such as Ganeden, Sabinsa, Mitsubishi, Nebraska Cultures, Synbiotech, Syngen Biotech, Sanzyme, Microbax.One of the main objectives of this report is to categorize the various dynamics of the market and to offer latest updates such as mergers and acquisitions, various technological developments, new entrants in the market, which make an impact on different segments of the global Bacillus Coagulans market.The global Bacillus Coagulans market is valued at 18 million US$ in 2018 is expected to reach 34 million US$ by the end of 2025, growing at a CAGR of 8.1% during 2019-2025.
This comparative analysis presents current industry situations that gives the crystal clear picture of the global Bacillus Coagulans market to the clients. The thorough database which has given in this report help the customers to get detail information about the competitors. It is the most significant factor in any report to provide client/s information and QY Research committedly follows this basic principle of the market research industry.
Bacillus Coagulans is a lactic acid-forming bacterial species within the genus Bacillus. The organism was first isolated and described as Bacillus Coagulans in 1915 by B.W. Hammer at the Iowa Agricultural Experiment Station as a cause of an outbreak of coagulation in evaporated milk packed by an Iowa condensary. Separately isolated in 1935 and described as Lactobacillus sporogenes in the fifth edition of Bergey’s Manual, it exhibits characteristics typical of both genera Lactobacillus and Bacillus; its taxonomic position between the families Lactobacillaceae and Bacillaceae was often debated. However, in the seventh edition of Berge’s, it was finally transferred to the genus Bacillus. DNA-based technology was used in distinguishing between the two genera of bacteria which are morphologically similar and possess similar physiological and biochemical characteristics.
The classification of Bacillus Coagulans includes Below 100 B, 100-200 B and Above 200 B. This refers to the effective amount of viable bacteria, and B means Billion CFU/g. The proportion of 100-200 B in 2016 is about 47%.
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Bacillus Coagulans is widely used in Drugs, Food, Beverage and Supplement Products. The most proportion of Bacillus Coagulans is Supplement Products, and the proportion in 2016 is 37.5%. The trend of Supplement Products is increasing.
North America is the largest consumption place, with a consumption market share nearly 38% in 2016. Following North America, Europe is the second largest consumption place with the consumption market share of 26%.
Market competition is not intense. Ganeden, Sabinsa, Mitsubishi, Nebraska Cultures, Synbiotech, etc. are the leaders of the industry, and they hold key technologies and patents, with high-end customers; have been formed in the monopoly position in the industry.
On the basis of product type, the Bacillus Coagulans market is primarily split into Below 100 B, 100-200 B, Above 200 B. Also by the end, users/applications Bacillus Coagulans market segregated into Drugs, Food, Beverage, Supplement Products.
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