Press release
The China Probiotics Market is Projected to Expand at a CAGR of 8.8% from 2022 to 2027
According to a research report by MarketsandMarkets titled "China Probiotics Market by Ingredient (Bacteria and Yeast), Product Type (Functional Food & Beverages, Dietary Supplements, and Feed), End User (Human and Animal), Distribution Channel, and Region - Global Forecast to 2027," the probiotics market in China is projected to experience a Compound Annual Growth Rate (CAGR) of 8.8% from 2022 to 2027.Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=69
The market for probiotics in China is being driven by various factors. The country's growing middle class and increased focus on health and well-being have resulted in a significant demand for probiotic products, particularly in the form of fermented dairy products, beverages, and healthy foods. The Chinese government's efforts to promote a healthy lifestyle and encourage the consumption of functional foods have further contributed to the market's growth.
In urban areas, where busy and stressful lifestyles are common, there has been a notable surge in the demand for probiotics. Consumers in these areas are seeking natural solutions to combat the negative effects of modern living, leading to increased popularity of probiotics. These beneficial microorganisms are known for their ability to improve digestive health and boost immunity, making them particularly appealing to urban dwellers. Major players in the probiotics industry have responded to this trend by introducing innovative offerings, such as ready-to-market probiotic drink powder alternatives to traditional dairy products, catering to the growing urban market.
International companies have recognized the potential of the Chinese probiotics market and have established their presence through strategic partnerships. For example, Sweden's leading probiotics company, Probi, partnered with Sinopharm, one of China's largest pharmaceutical and healthcare companies, to launch probiotic supplements targeting immune health, bone health, and iron absorption. Similarly, Japan's Morishita Jintan entered the Chinese market through a partnership with Sinopharm Xingsha Pharmaceutical, introducing its popular probiotic brand 'Bifina.'
Read more: https://www.marketsandmarkets.com/PressReleases/china-probiotics.asp
Furthermore, the animal probiotics segment has also experienced growth in China. The increasing use of probiotic feed additives to enhance production and meet the rising demand for meat has driven this growth.
In conclusion, China's high sales potential, combined with the growing health consciousness, government support, urbanization, and expanding middle class, provides significant opportunities for companies operating in the probiotics industry.
View detailed Table of Content here - https://www.marketsandmarkets.com/Market-Reports/probiotics-market-69.html
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