03 September 2016
A new report by visiongain predicts that the world market for probiotics will reach $35.91bn in 2016. This market assessment and other forecasts appear in Probiotics Market Report 2016-2026: Forecasts by Application (Functional Food & Beverages (Yogurt, Infant Formula Milk, Fermented Milk, Other Dairy (Cheese), Non-Dairy (Breakfast Cereals, Juices, Nutrition Bars), Dietary Supplements, & Animal Feed), Probiotics by End Use (Human & Animal); Probiotics by Ingredient (Bacterial (Lactobacillus, Bifidobacterium) & Yeast; Analysis of Probiotics By Function (Regular, Preventative, Therapy (Medical Grade), Supplements, Pills, Tablets, Capsules, Plus Analysis of Human MicroBiome Research published by visiongain, a leading business intelligence provider based in London, UK.
The global probiotics market is driven by an increasing demand for functional probiotic foods and dietary supplements. The other major driving forces of this market is the ageing of the global population, a shift to a healthy diet, technological advancements and continuing research into the human microbiome. A fast-developing and dynamic sector, the global probiotics market offers many opportunities to food manufacturers who work in different areas, for example functional food, organic food, better-for-you food and others. The use of probiotics in animal feed is also increasing due to rising concerns about animal health and a growing consumption of meat around the world.
Low consumer awareness about the positive effects of probiotics, concerns over their safety and vague regulations are some of the factors that will restrain the development of the industry in the nearest future. However, the market will deliver a good growth rate in the next ten years because consumers are becoming more health conscious. Moreover, increasing costs of healthcare will create higher demand for preventive healthcare products, such as probiotics.
The 127 page report contains 122 tables, charts and graphs that add visual analysis in order to explain developing trends within the probiotics market. Visiongain provides forecasts for the period 2016-2026 in terms of value sales (US$). The global probiotics market is segmented on the basis of probiotics application into functional food & beverage, dietary supplements and animal feed. The functional food & beverage submarket is further segmented into probiotic yogurts, probiotic infant formula, other dairy probiotic products and non-dairy probiotic foods. Based on end use, the market is segmented into human and animal probiotics. Based on ingredient, the market is segmented into bacteria and yeast probiotics. The report also includes the analysis of 10 leading companies operating in the global probiotics market, covering Yakult Honsha, Danone, Nestle, Chr. Hansen, E.I. Du Pont, BioGaia Group, Nebraska Cultures, Lifeway Foods, Probi AB and General Mills.
The report will be of value to current and future potential investors into the global probiotics, functional and other food processing industries, as well as companies and research centres who wish to broaden their knowledge of the probiotics market.
For sample pages and further information concerning the visiongain report please visit https://www.visiongain.com/Sector/226/Food-Drink
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Visiongain is one of the fastest growing and most innovative independent media companies in Europe. Based in London, UK, visiongain produces a host of business-2-business conferences, newsletters, management reports and e-zines focusing on the Energy, Telecoms, Pharmaceutical, Defence, Materials sectors.
Visiongain publishes reports produced by its in-house analysts, who are qualified experts in their field. Visiongain has firmly established itself as the first port-of-call for the business professional, who needs independent, high quality, original material to rely and depend on.
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