Probiotic Market – Opportunities & Forecast, 2020-2027

The global probiotic market report, published by GMI Research, provides extensive insight and analysis of the global probiotic market over the forecast period (2020-2027). The report primarily focuses on the key business financials, product portfolio, expansion strategies, and recent developments in the global probiotic market. The research report also studies the competitive environment of the probiotic market based on the company profiles and their efforts on increasing product value and production.

Leading Players in the Global Probiotic Market

The notable players in the global probiotic market include Yakult Honsha Co. Ltd., Capsugel, DuPont de Nemours, Inc., Probi AB, Deerland Enzymes & Probiotics, Danone, BioGaia, Chr. Hansen Holding A/S, Lifeway Foods Inc., and Culturelle, among others.

Key Drivers in the Global Probiotic Market

The increasing awareness regarding health benefits and the accelerating demand for health-based products amongst the people are the key drivers that are responsible for the growth of the probiotic market size. In addition to this, the easy availability of probiotic-based products is attracting consumers from the world. The probiotic provides exceptional health benefits associated such as gastrointestinal infections and functions of the digestive system, improve the immune system, helps to prevent, and treat diarrhea, reduce cholesterol and blood pressure.

The probiotics contain Bifidobacterium and Lactobacillus, which also enhances mental health conditions such as depression, anxiety, and obsessive-compulsive disorder. The growing number of research & development activities (R&D) for the development of advanced technological products are further surging the demand of the global probiotic market. On the other edge, the adverse effect on the human body suffering from immunodeficiency, short bowel syndrome, central venous catheters, and cardiac valve diseases are certain factors that will hamper the growth of the market over the coming years.

Market Segmentation

Global Probiotic Market by Type:

• Bacteria
• Yeast

Global Probiotic Market by Application:

• Food & Beverages
• Dietary Supplements
• Healthcare
• Others

Global Probiotic Market by Distribution Channel:

• Online Stores
• Hypermarkets
• Specialized Stores
• Others

Global Probiotic Market by Region:

• North America

o   United States of America

o   Canada

• Asia Pacific

• China
• Japan
• India
• Rest of APAC

• Europe

• United Kingdom
• Germany
• France
• Spain
• Rest of Europe

• RoW

• Brazil
• South Africa
• Saudi Arabia
• UAE
• Rest of the world (remaining countries of the LAMEA region)

About GMI Research

GMI Research is a market research and consulting firm which provides bespoke industry & market research to help businesses in making the toughest business decision. We know the significance of accurate data; that’s why our analyst uses a tailored methodology to study every market in detail because one size doesn’t fit all. We not only cover the traditional well-established market but also focuses on the niche market and markets in the emerging economies, where getting data and information is a challenge. This factor makes us pioneer in emerging market research space. Our syndicate reports cover multiple industries across various regions and countries.

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