Mounting competition in the functional food market in Asia-Pacific Probiotics Market and its trends

“Asia-Pacific Probiotics Market" research report published by Market Data Forecast estimates that the market is growing with a CAGR of 6.95% to reach USD 26.83 Billion by 2021, from USD 19.18 billion in 2016, which amounts to a cumulative growth of USD 7.65 billion.

Probiotics are defined as the microorganisms, which confers health benefit to the host organism when consumed in sufficient amount. Probiotics offer several benefits such as inflammatory bowel disease and lactose intolerance. They are mostly found in dairy products and have various strains of bacteria like lactobacillus, streptococcus and yeast.

Asia Pacific is globally the largest market for probiotics with Japan leading the region. However, in terms of growth China is expected to grow at the highest CAGR. Human application segment is dominating the market in the region majorly by dietary supplements, specialty nutrients and functional foods. Dietary supplement segment is estimated to achieve highest growth due to increasing awareness.

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The report also presents detailed analysis of multitude of factors affecting Asia-Pacific Probiotics Market bearing either positive or negative outcomes. Some of those factors are

• Significant reduction in probiotic costs and
• Its continuous advancements
• Advancement in functional foods
• Dietary supplements, food and beverages and animal feed industries.
• Increasing competition in the functional food market

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For granular level understanding the Asia-Pacific Probiotics Market is segmented based on Type and application each being provided with Market Size Estimations and Y-o-Y Forecasts. By application it can be bifurcated into animal feed, food & beverages (Dairy Products, Non-Dairy Products, Cereals, Baked Foods, Fermented Meat Products and Dry Food Probiotics) and dietary supplements (Food Supplements, Nutritional Supplements, Speciality Nutrients and Infant Formula). Based upon the type of bacteria they can be segmented into streptococcus, lactobacillus, yeast and others.

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The Asia-Pacific region is geographically segmented into China, India, Japan, South Korea, and Australia. Developing countries in this region such as India and China are projected to witness significant growth in the Plant Growth Regulators market due to the large scale cotton industries and increasing acceptance of sustainable farming in this region.

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The major companies dominating the Probiotics market in this region are General mills, China-Biotics, Yakult Honsha Co. Ltd., Mother dairy, Nestle S.A, PROBI AB, E.I. du Pont de Nemours and company, Chr. Hansen, Lifeway foods, Groupe Danone S.A. and many others

The Asia-Pacific Probiotics Market report offers wide-range of scope:
• Regional and country-level analysis that provides an individual perspective of Asia-Pacific region and the aforementioned countries
• Know more about key areas of industry growth via detailed Segment-level analysis on basis of Type and application with market size forecasts and y-o-y estimations
• Detailed explanation of major drivers, restraints, opportunities, and challenges (DROC) that affect the market and impact the ever-shifting market dynamics
• Strategic Analyses containing PESTLE and Porter’s Five Forces Analyses which are obtained by studying the macro & micro environmental factors that affect the market demographics
• Comprehensive listing of key market players along with Company overview, product portfolios, financials (subjected to availability), SWOT analysis and analyst overview
• Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
• Market Outlook - Investment opportunities devised by stand in experts to provide both individuals and organizations a strong financial foothold in the market

For more reports related to the Asia-Pacific Probiotics Market:

Asia-Pacific Feed Additives Market: http://www.marketdataforecast.com/market-reports/asia-pacific-feed-additives-market-319/

Asia-Pacific Eubiotics Market: http://www.marketdataforecast.com/market-reports/asia-pacific-eubiotics-market-1785/

Asia-pacific Nutraceuticals Market: http://www.marketdataforecast.com/market-reports/asia-pacific-nutraceuticals-market-543/

Asia-Pacific Pet Food Nutraceuticals Market: http://www.marketdataforecast.com/market-reports/asia-pacific-pet-food-nutraceuticals-market-1337/

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