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Gluten-Free Probiotics Market : Unleashing Size Potential with 6.73% CAGR Surge by 2031

06-20-2024 10:36 AM CET | Health & Medicine

Press release from: InsightAce Analytic Pvt. Ltd.

Gluten-Free Probiotics Market : Unleashing Size Potential with

The newly published report titled "Global Gluten-Free Probiotics Market By (Type (Bifidobacterium, Lactobacillus and Other), Application ( Food & Beverage, Drugs, Dietary Supplements and Others))- Trends, Industry Competition Analysis, Covid-19 Analysis, Revenue (US$ Billions) and Forecast Till 2031." of InsightAce Analytic Pvt. Ltd. features detailed industry analysis and an extensive study on the market, exploring its significant factors.

The global Gluten-Free Probiotics market is estimated to reach over USD 89.31 billion by 2031, exhibiting a CAGR of 6.73% during the forecast period.

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Gluten-free Probiotics are microbial species like bacteria and yeast that support intestinal flora's health in humans and animals. The gluten-free probiotics component promotes the body's natural digestive juices and enzymes, guaranteeing a healthy digestive system operation. They can be ingested as a supplement or orally. They strengthen human defences against infection, protect lipids and proteins from oxidation, and guard cells from damage.

The increasing demand customers for natural goods is one of the major factors influencing market expansion. The industry is expanding due to consumers' increased concerns about preventative healthcare and the beneficial effects of gluten-free probiotic microorganisms on health. A rise in the consumption of functional foods, which in addition to offering essential nutrients, have the potential to benefit health, has raised the need for gluten-free probiotics. The rise in health concerns has had a modest effect on the market for gluten-free probiotics, but it is anticipated to grow soon. To meet market demands and maintain competitiveness, businesses now have theirR&D facilities. In the future, significant R&D expenditures are anticipated to raise the caliber of goods that contain gluten-free probiotics. The expansion of the food and beverage sector as a result of rising consumer expenditure and supportive government policies is anticipated to be a key driver of the gluten-free probiotics market.

List of Prominent Players in the Gluten-Free Probiotics Market:
DuPont (Danisco)
Chr. Hansen
Lallemand
China-Biotics
Nestle
Danone
Probi
BioGaia
Yakult
Novozymes
Glory Biotech
Ganeden
Morinaga Milk Industry
Sabinsa
Greentech
Biosearch Life
UAS Laboratories
Synbiotech

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Market Dynamics:
Drivers-
The expansion of the gluten-free probiotics market is anticipated to benefit from the rising amount of money that influential companies are investing in the research and development of novel products. The consumer's increasing awareness of these items and their implications beyond digestive health is expected to cause the product demand to rise at a more moderate rate. Market participants are being driven by the burgeoning demand for this product to diversify their product offerings and distribution channels to broaden their customer bases and market penetration. The businesses are actively concentrating on mergers and acquisitions to diversify their customer offerings and product portfolio.

Challenges:
Live bacteria are known as probiotics, and products that include them rely entirely on the growth and secretion of probiotic living organisms. It is anticipated that the manufacture of a particular batch will be hampered by the danger of contamination of these products by undesirable bacteria with high toxicity. Furthermore, the high cost of developing novel bacterial strains is anticipated to restrain market expansion further.

Regional Trends:
The Asia PacificGluten-Free Probiotics market is expected to register a major market share in revenue and is projected to grow at a high CAGR shortly. The region is experiencing a significant increase in consumer awareness due to the global players' aggressive competitive strategies. Strong demand from nations like Australia, China, and India is boosting global growth. The growing regional market is also anticipated to be supported by the rising population, rising disposable income, and rising living standards. Besides, North America has a substantial share of the Gluten-Free Probiotics market. Manufacturers' ongoing investments in pharmaceutical, food, beverage and other sectors are predicted to support regional market expansion. The regional players are spending money on research and development to create new items that will appeal to customers of various ages and genders. Throughout the projected period, these factors are anticipated to boost market expansion.

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Recent Developments:
• In April 2020, Chr. Hansen Inc. announced opening an online probiotic platform in the US market based on science. The new online resource aims to inform patients, and medical professionals about the advantages of probiotics made without gluten.

Segmentation of Gluten-Free Probiotics Market-
By Type-
• Bifidobacterium
• Lactobacillus
• Other

By Application-
• Food & Beverage
• Drugs
• Dietary Supplements
• Others

By Region-
North America-
• The US
• Canada
• Mexico

Europe-
• Germany
• The UK
• France
• Italy
• Spain
• Rest of Europe

Asia-Pacific-
• China
• Japan
• India
• South Korea
• South East Asia
• Rest of Asia Pacific

Latin America-
• Brazil
• Argentina
• Rest of Latin America

Middle East & Africa-
• GCC Countries
• South Africa
• Rest of Middle East and Africa

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InsightAce Analytic is a market research and consulting firm that enables clients to make strategic decisions. Our qualitative and quantitative market intelligence solutions inform the need for market and competitive intelligence to expand businesses. We help clients gain a competitive advantage by identifying untapped markets, exploring new and competing technologies, segmenting potential markets, and repositioning products. Our expertise is in providing syndicated and custom market intelligence reports with an in-depth analysis with key market insights in a timely and cost-effective manner.

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