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Probiotic Ingredients Market Scope and overview, To Develop with Increased Global Emphasis on Industrialization 2027
Probiotic Ingredients Market
The market will see the stated growth trajectory owing to growing scientific validation and approvals on products related to gut health. Considering that 70% of immune system is managed by the digestive tract, it is critical to maintain the health of this region in order to life a wholesome life. It is also worth noting here that the most commonly used bacteria strains in the market include lactobacilli and bifidobacteria.
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It is noteworthy here that this need to maintain good gut health is generating demand for dietary supplements in pharmaceuticals, driving demand for probiotic ingredients.
Forecast Period to Witness a Consolidated Competitive Landscape of Global Probiotic Ingredients Market
The market landscape is only slightly consolidated but competitive and players collaborate and partner in order to maintain a fair frasp on the market share. Some of the most prominent names in the market landscape include Kerry (Ireland), DowDuPont (US), CHR. Hansen (Denmark), Biogaia (Sweden), Probi (Sweden),Glac Biotech (Taiwan), Bifodan (Denmark), Lallemand (Canada), UAS Laboratories (US), and Biena (US), among others. It is notable that 70% of the market share is held by three companies - CHR Hansen, DowDuPont, Lallemand and Kerry.
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Asia Pacific to Show High Growth Numbers of the Forecast Period
Owing to a predisposition for taking supplements, the APAC (Asia Pacific) region is set to chart a high CAGR over the forecast period. Countries that will contribute massively to the growth include China, India, and Japan. The growth is attributable to rising awareness in the region too as far as prevention of disorders relating to lifestyle choices is concerned.
Europe will also hold a considerable share owing to presence of prominent players in the market landscape.
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The report is segmented as presented below:
By Type:
Bacterial
Yeast
By End-use:
Food and Beverages Processing
Dietary Supplements
Personal Care and Cosmetics
Animal Feed
By End Product Form:
Powder
Suspension
Granule
Capsule
Stick Pack
Tablet/Chewable
Gel
By Region
North America
Europe
Asia-Pacific
Middle East and Africa
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