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Probiotics Market: Top Aspects to be Consider in 2018-2024

What is Probiotics?
Probiotics are the latest craze in the food industry, turning up in everything from pizza to chocolate. Probiotics are now expanding at 20% to 30% a year. They are actually live microbes. They are beneficial bacteria that promote human health when consumed in enough quantities. Probiotics produce a number of vitamins including B6, B12 and K2, and aid the absorption of minerals such as iron, calcium and magnesium. Hence, they can be called as ‘New Vitamins’. They also fend off bad bacteria which can cause diarrhoea, kidney failure etc.
Probiotics Market Outlook
The key factors driving this market are extensive application scope in functional food and dietary supplements industry. Strong scientific evidence for disease treatment and auxiliary health benefits provided including curing intestinal inflammation, urogenital infection and bad gut bacteria treatment should facilitate product demand. High intake of supplement prevents growth of harmful bacteria inside the digestive plot and leads to augmented nutrition absorption.
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Probiotics Market Segmental Overview
The global probiotics market is segmented by application, source, end user and geography
Probiotics Market by Application
By application, this market is segmented into functional food & beverages, dietary supplements and animal feed. Functional food is further segmented into dairy products and baked goods. Baked goods include non-dairy beverages, fermented meat and cereal.
Probiotics Market by Source
By source, the global probiotics market is segmented into,
Bacteria
Yeast
Probiotics Market by End Users
Animal and human are the only two end users of probiotic market identified and explained in this report.
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Probiotics Market by Geography
Based on geography, the global probiotics market can be segmented into North America, Latin America, Europe, APAC and Middle East & Africa.
Probiotics Market Key Players
Some of the key players of this market are Yakult Honsha, BioGaia AB, Danone, DuPont, Probi AB, Ganeden, Protexin, Lifeway Foods, Chr Hansen Holding A/S, Nestle S.A., Amul, Attune Foods, LLC, Bright Food Co. Ltd. Etc.
Our Other Related Report:
Nutraceutical Ingredients Market
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