Probiotics Market | BioGaia AB, Chr. Hansen, Groupe Danone S.A., Nestle S.A.

Probiotics are classified as beneficial bacteria’s that promote the healthy functioning of the gut. They are basically consumed to treat the digestive disorder. Probiotics improve the immune response and also preserve the proteins & lipids from oxidative destruction. Probiotics are available in the form of tablets, powders, capsules, and gel.

The global probiotics market is projected to surpass US$ 80.0 billion by the end of 2027, in terms of revenue, growing at CAGR of 6.8% during the forecast period (2020 to 2027).

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Detailed Segmentation:

Global Probiotics Market, By Type:
Probiotics Food and Beverages
Probiotics Dietary Supplements
Probiotics Animal Feed

Global Probiotics Market, By Application:
Human Probiotics
Animal Probiotics

Global Probiotics Market, By Ingredient:
Lactobacillus
Streptococcus
Bifidobacterium

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Market Trends

Growing health wellness trends around the globe are projected to augment the market growth of probiotics. Rising adoption of healthy lifestyle among consumers coupled with the increasing number of people participating in sports activities is also expected to augment the market growth of probiotics. Increasing consumption of meat products as probiotics are used to increase the shelf-life of the meat products are further expected to foster the market growth of probiotics.

The use of streptococcus probiotic strain in fortifying animal feeds is one of the current trends in the market. It reduces the chances of pox and tuberculosis disease in animals. Moreover, increasing use of probiotics in the production of supplements to treat various inflammatory skin disease such as atopic dermatitis, acne, and eczema. All these factors are expected to fuel the market growth of probiotics.

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