Global Probiotics Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2026

MarketResearch.biz delivers in-depth insights on the global probiotics market in its upcoming report titled, “Global Probiotics Market Trends, Applications, Analysis, Growth, and Forecast: 2017 to 2026”. The global probiotics market is estimated to register a CAGR of XX.X% in terms of value during forecast period 2017–2026. The report offers in-depth insights, revenue details, and other vital information regarding the target market, and the various trends, drivers, restraints, opportunities, and threats till 2026. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global probiotics market report has been segmented on the basis of ingredient, form, application, end use, and region.

Probiotic is a living microorganism, which when consumed in appropriate amount proves beneficial to the host area. It is used in food or as dietary supplement for consumption and can be used for human beings a well as animals. Probiotics are used as prevent diseases or as dietary supplements.

Increasing prevalence of indigestion problems, along with increasing preference for natural products for preventive healthcare measures are key factors expected to drive growth of the global probiotics market. In addition, in various countries of Europe and North America, antibiotics in animal feed is been banned, due to which probiotics is considered as perfect alternative because of its offerings, increasing usage of probiotics in chocolates and biscuits are other major factors spurring growth of this market. Moreover, increasing demand for probiotics in preparation of medicines due to its proven results of reducing risks of diarrhea, and other bowel related diseases is expected affect market growth positively.

Challenge to store products may hamper growth of the global probiotics market. In addition, fluctuations in availability of raw materials and seasonal production can directly affect probiotics costs trend, which may affect adoption of probiotics.

However, introduction of advancements for efficient packaging, product innovation in terms of increased shelf life, may create opportunities for manufacturers operating in the global probiotics market during the forecast period.

The market in Asia Pacific is expected to dominate the global market in terms of revenue, owing to rising awareness about preventive healthcare measures, and increasing disposable income. In addition, rising demand for healthy livestock is expected to result in increasing adoption of probiotics as animal feed in countries in the region. Rising geriatric population is also expected to support growth of this market. Markets in North America and Europe are expected to witness growth in terms of revenue owing to increasing number of obese individuals, increasing prevalence of bowel diseases due to consumption of junk food, and stressful lifestyle.

Global probiotics market segmentation:

Segmentation by ingredient:

• Bacteria
• Yeast

Segmentation by form:

• Dry
• Liquid

Segmentation by application:

• Food & Beverages
• Dietary Supplements
• Animal Feed

Segmentation by end use:

• Human probiotics
• Animal probiotics

Segmentation by region:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa