Probiotics And Prebiotics Market Size, Growth, Trends, Leading Companies, Industry Demand And Opportunity 2021-27

Precision Business Insights published a research report on “Probiotics And Prebiotics Market: By Application (Food and Beverages, (Fermented Meat Product, Baked Food, Dairy, Cereals, Dry Food, Others)), By Dietary Supplements, (Food Supplement, Specialty Nutrients, Nutritional Supplement, Infant Formula), By Distribution Channel (Retail Pharmacies, Online Pharmacies,Supermarkets, Hypermarkets), and Geography - Global/Region/Country Forecast to 2027”.

Prebiotics are carbohydrates that are not digested by digestive enzymes or acids and aid in the growth and function of beneficial bacteria in the human gut. They help to enhance gut barrier function, immune system strength, stomach inflammation reduction, general digestive health improvement, and diarrhea risk reduction, as well as increasing calcium absorption to promote bone density and lowering cardiovascular disease risk factors. Rising consumer awareness of prebiotics' health benefits, as well as greater use of prebiotics in the animal feed sector to aid digestion and the immune system, are driving the market. The versatility of prebiotic compounds, as well as the ease with which they may be included into a number of meals and drinks, is expected to boost overall market growth in the Prebiotics Ingredients Market.

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In the forecast period of 2020-2027, the health advantages associated with probiotic-fortified foods, engagement of international bodies in probiotic product R&D, increased health consciousness among consumers, and technological improvement are projected to fuel the expansion of the probiotics market. On the other hand, rising awareness about value added products and the EU's ban on the use of AGPS (antibiotic growth promoters) in feed, as well as an increase in demand for probiotics in developed economies, will boost various opportunities, resulting in the probiotics market growing during the forecast period. In the forecast term, high R&D expenses for generating new probiotic strains, as well as international quality requirements and regulations for probiotic products, are projected to stifle the probiotics market's expansion. The market is grappling with the issues of incorporating probiotics into functional meals.

The global probiotics and prebiotics market is fragmented on the basis of ingredient, form, application, distribution channel and end user. On the basis of form, the probiotics market is segregated into dry and liquid.On the basis of ingredient, the probiotics market is divided into yeast and bacteria. Based upon application, the probiotics market is divided into dietary supplements and feed and functional food & beverages. On the basis of distribution channel, the probiotics market is divided into pharmacies/drugstores, hypermarkets/supermarkets, specialty stores and online. The end user in the probiotics market is classified into animal and human.

Due to increased knowledge and interest in new technologies, media coverage, and consumer demand, Asia-Pacific is predicted to expand at the fastest rate in the forecast period of 2020 to 2027. Probiotics are becoming more popular in China and India, which is projected to promote market growth in the area. The addition of probiotics in infant formula has been expanding due to massive demand, which is projected to increase in the forecasted years, thanks to considerable increases in the disposable incomes of cattle owners in China, Japan, Brazil, and Argentina.

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There are some major players working in probiotics and prebiotics market, which include Friesland Campina (Netherlands) Cargill (U.S) Abbott Laboratories (U.S) Chr. Hansen (Denmark), Yakult Honsha (Japan) Danone (France) DuPont (U.S) Nestlé (Switzerland) Morinaga (Japan) Nebraska Cultures(U.S) BioGaia (Sweden) Probiotics International (U.K)

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