Probiotic Market By Application (Dietary supplements, Animal feed, Food & Beverage) By End Users (Human, Animal).
Global Probiotic Market was valued at USD 34 billion in the year 2016. The global Probiotic market is further estimated to grow at a CAGR of 7.2 % from 2016 to reach USD 52 billion by the year 2022.
Asia-Pacific region holds the highest market share in 2016 and the North American market is considered a rapidly growing market in the estimated period. At a country level, China, South Korea, Japan, and Australia & New Zealand holds the notable market share in 2016, owing to the rapid development and rising healthcare awareness.
BioGaia AB (Sweden) (U.S), E. I. du Pont de Nemours and Company (U.S), Ganeden, Inc. (U.S), General Mills, Inc. (U.S), Mother Dairy Fruit & Vegetable Pvt. Ltd. (India), Nestle S.A (Switzerland), Yakult Honsha Co., Ltd. (Japan) are some of the key players in the Global Probiotic Market.
Download Free Sample Report @ bit.ly/2kK5EXY
Rapidly Increasing probiotic benefits awareness
Growing need for Healthy lifestyle
Technological advancements for better probiotic products
Government standards and regulations
Evolving demand and market in developed countries
On the basis of application, the probiotic market is segmented as Animal feed, dietary supplements, Food & Beverages, where food and beverages segment holds the largest market share among other segments in 2016 because of technological advancements and increasing prevalence of probiotic products. On the other hand, human probiotics segment by end users for this market is expected to grow at the highest CAGR during the year 2017-2022.
Get Report @ bit.ly/2JaEw2Y
Key Benefits for Stakeholders
Probiotic Manufacturers, Distributors, and Retailers
Research and Consulting organization
Technology Standards Organizations, Forums, Alliances and Associations
Regulatory bodies, policy actors, and consumers.
Food & Beverage
By End Users
Key Market Players
BioGaia AB (Sweden) (U.S)
- E. I. du Pont de Nemours and Company (U.S)
Ganeden, Inc. (U.S)
General Mills, Inc. (U.S)
Mother Dairy Fruit & Vegetable Pvt. Ltd. (India)
Nestle S.A (Switzerland)
Yakult Honsha Co., Ltd. (Japan)
Probiotics International (UK)
Read Report Overview with Full TOC @ bit.ly/2LlJ5Uu
Category: Market Research Publishers and RetailersCompany about: Genesis Market Insights (GMI), is a subsidiary of Genesis Management & Market Research Pvt.Ltd. (GMMR) having a strong experience both in primary and secondary market research serving small to large scale enterprises across the globe. Established in 1993, GMMR has become a recommended brand for Market Research for various international and MNC Corporations with its strong data foundation. With its exhaustive research capabilities, strong analytics services and in-house data validation tools, ...
For more information:Make an Inquiry about this report HERE!