Next Generation Probiotics Market to See Massive Growth by 2030: Lallemand, BioGaia, Ganeden Biotech
The "Global Next Generation Probiotics Market" study report will provide valuable insight with an emphasis on the global market including some of the major players such as Danone (France), Nestlé (Switzerland), Chr. Hansen Holding A/S (Denmark), Yakult Honsha Co., Ltd (Japan), Probi AB (Sweden), Lallemand Inc (Canada), DuPont Nutrition & Biosciences (United States), Kerry Group (Ireland), BioGaia AB (Sweden), Ganeden Biotech (United States)
According to HTF Market Intelligence, the Next Generation Probiotics Market is Anticipated to grow at a CAGR of 11.1% during the forecast period.
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Next Generation Probiotics Market Overview
Next-generation probiotics, also known as advanced or designer probiotics, refer to a new generation of probiotic products that go beyond traditional probiotics in terms of their formulation, functionality, and application. Probiotics are live microorganisms that, when consumed in adequate amounts, confer health benefits to the host.
Next Generation Probiotics Market Competitive Landscape & Company Profiles
The competitive landscape and company profile chapters of the market report include a list of the major players operating in the market. Based on their financial statements, important developments, strategic approach to the market, position in the market, geographic penetration, and other important factors, the major players in the industry are assessed. The chapter also examines the competitive landscape, winning imperatives, current focus and strategies, and threats posed by rival companies for the top three to five market players. Additionally, the market study's list of companies can be tailored to the specific needs of the client. The report's section on the business environment includes information on the rankings of the top five companies as well as significant events like partnerships, mergers and acquisitions, new product launches, and recent developments.
The concept of personalized nutrition has gained traction, and next-generation probiotics align with this trend. Companies are developing probiotic products that are tailored to individual needs, considering factors like age, gender, health conditions, and specific nutritional requirements.
As consumers become more aware of the potential health benefits of probiotics, there is a growing demand for next-generation probiotic products that offer targeted and advanced functionalities. Consumer education and the dissemination of scientific research highlighting the role of the microbiome in overall health are driving this demand.
Market Leaders & Development Strategies
On 27th October 2021, Danone India, with its mission to bring health through food to as many people as possible, entered into the health drink category for children with the launch of AptaGrow. The product will address the nutrition requirement of children in the age group of 3-6 years and will be available in Tasty Chocolate and Vanilla flavor. AptaGrow is a scientifically designed health drink for children with 37 nutrients that includes a unique blend of prebiotics & DHA for the physical and cognitive development of children. Its unique Nutri-absorb formula enables better absorption of key nutrients which supports better growth. With the launch of AptaGrow, Danone India has entered the Rs 650 crore health drink category for children in India.
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Next Generation Probiotics Market: Segmentation
The Next Generation Probiotics Market is Segmented by Application (Weight Management, Glucose Management, Inflammatory Bowel Diseases, Others) by Type (Akkermansia, Clostridium species, Bifidobacterium species, Lactobacillus species, Others) and by Geography (North America, South America, Europe, Asia Pacific, MEA).
Next Generation Probiotics Market - Geographical Outlook
- the United States
- the United Kingdom
- Rest of Europe
Asia Pacific (APAC)
- South Korea
- Rest of Asia Pacific
Middle East & Africa (MEA)
- GCC Countries
- South Africa
- Rest of MEA
- Rest of South America
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Based on market development and competitive position, this section analyzes the product or services' place in the market. In terms of early (historical), middle, and future innovation and technologies, it gives a summary of the phases of product growth in the market.
Value Chain Analysis
Value chain enables companies to monitor their operations and identify areas for competitive advantage. This section offers an analysis of a particular commodity or service from suppliers to end users via manufacturers and middlemen. This will support the business operations of the company in determining how it can gain a competitive edge.
This section offers a pricing trend analysis, both historical and projected, to assist in determining the cost of the product and/or services that are advantageous for businesses' product lifecycles. This section provides a qualitative and graphical analysis of pricing strategy to aid in the evaluation of products by both consumers and businesses.
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