What’s driving the growth of Probiotics Market | Prominent Players: Danone Dairy, Lallemand, Yakult, DuPont

The Global Probiotics Market, which was valued at US$ 42.55 Billion in 2017, is projected to reach US$ 74.69 Billion by the end of 2025, exhibiting a CAGR of 7.3%. The major fueling factor for the global probiotics market is the growing incidences of reported digestive disorders. The lifestyle factors are majorly responsible for such health disorders – consumers have embraced the role of probiotics in the maintenance and improvement of general health and well-being.

In terms of application, the functional food and beverage segment held the led the Global Probiotics Market with a share of 75.4% in 2017.

Get Exclusive Sample PDF:
https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/probiotics-market-100083

KEY COMPANIES COVERED IN THE REPORT
• Danone Dairy
• Lallemand
• Yakult
• DuPont

According to a report by Fortune Business Insights, will push the market at a CAGR of 7.3% somewhere in the range of 2018 and 2025. The report is titled “Probiotics Market Size, Share and Global Trend by Microbial Genus (Lactobacillus, Bifiodobacterium, Yeast), Application (Functional Food and Beverage, Dietary Supplement Animal Feed), Distribution Channel (Supermarkets/Hypermarkets, Pharmacies/Health Stores, Convenience Stores, Online Retail) and Geography Forecast till 2025,” furthermore, is presently accessible available to be purchased on the official site of Fortune Business Insights. The report predicts the worldwide probiotics market to reach US$74.69 Bn before the finish of 2025, when contrasted with US$ 42.55 Bn in 2018.

Rising Incidence of Digestive Disorders Boosts Probiotics Sales Worldwide

The rising occurrence of different stomach related issues is the key explanation for the expanding interest in probiotics foods. Most normal wellbeing issue is regularly identified with a different way of life factors. Expanding access to data has rendered honest buyers more proficient than any time in recent memory. In this way, they are readily grasping probiotics for improving their wellbeing. Against this setting, the report features expanding wellbeing mindfulness as a central driver of the worldwide probiotics advertise.

“Due to their high nutritional values, probiotics have evolved as supplements from functional foods space,” said a lead analyst at Fortune Business Insights. “They have also graduated as a topic of interest for researchers, resulting in the increasing investment towards research and development activities. This is bound to have a positive impact on the global probiotics market,” he added.

Demand for Dairy-based Probiotics Foods and Drinks to Surge

While fermented foods traditionally remained a fitting matrix, dairy-based options such as probiotics yoghurt currently hold dominance at a global level. Besides this, evolving regulatory framework is creating an environment conducive to the sales of various probiotics foods and drinks owing to their superior nutritional performance. The demand for probiotics supplements is especially high in developed regions.

The report finds North America as the most lucrative market for probiotics foods and drinks. The presence of a sophisticated retail infrastructure and high disposable income of consumers are supporting the expansion of the probiotics market in the region. In addition to this, the probiotics market in Asia Pacific is evolving at a rapid pace, with Japan and China accounting for the lion’s share of the regional sales. The report expects the demand for probiotics drinks and other types of probiotics supplements to remain high in India and other countries across Central and Southeast Asia through the forecast period.

Furthermore, the demand for probiotics supplements is also expected to skyrocket in the region in response to the rising awareness about their nutritional offerings. The expanding middle class and their willingness to spend towards health and wellness will push growth in the probiotics market in Africa and South America.

Competition to Remain High Through Forecast Period
Besides identifying the key growth drivers and restraints, the report offers an executive-level blueprint of the competitive landscape in the global probiotics market. As per the study, the market is rendered fragmented due to the presence of several companies.

Browse Complete Report Details:
https://www.fortunebusinessinsights.com/industry-reports/probiotics-market-100083

Fortune Business Insights Pvt. Ltd.
308, Supreme Headquarters,
Survey No. 36, Baner,
Pune-Bangalore Highway,
Pune - 411045, Maharashtra, India.
Phone:
US: +1 424 253 0390
UK: +44 2071 939123
APAC: +91 744 740 1245
Email: sales@fortunebusinessinsights.com

Fortune Business Insights offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.
Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.
At Fortune Business Insights we aim at highlighting the most lucrative growth opportunities for our clients. We therefore offer recommendations, making it easier for them to navigate through technological and market-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand prevailing competitive challenges.

This release was published on openPR.