According to a report,” Probiotic Ingredients Market Analysis By Ingredients (Bacteria (Lactobacilli, Bifidobacterium, Streptococcus), Yeast, Spore Formers), By End Use (Human, Animal), Competitive Landscape, And Segment Forecasts, 2018 – 2025 “published by Grand View Research, Inc., The global probiotics ingredients market is expected to reach USD 3.56 billion by 2025.Rising demand for probiotics ingredients in medical sector is projected to fuel the market growth. Growing health concerns coupled with rising digestive disorders owing to unhealthy lifestyle is a key factor expected to influence the market positively. Wide applications of probiotics ingredients in healthcare sector including, medical food with beneficial bacteria, is expected to positively drive the growth of the market over the forecast period.
Key Takeaways from the report:
The global probiotics ingredients demand was USD 1.71 billion in 2015 and is estimated to grow at a CAGR of 7.7% from 2016 to 2025
Human probiotics sector is anticipated to grow at CAGR of 7.7% from 2016 to 2025 owing to the increasing health concerns among consumers
Probiotic dietary supplements segment is estimated to exceed USD 0.43 billion by 2025, owing to its nutritional properties and rising disposable income of the consumers
Animal feed probiotics is estimated to grow at a CAGR of 8.0% over the forecast period owing to rising animal husbandry and the significant rise in the demand for animal nutrition in the regions of North America and Europe
Product demand in Asia Pacific is expected to grow at a significant rate of 8.2% over the forecast period owing to rising expenditure on medical infrastructure in the region
The European region is expected to exceed USD 1 billion by 2025, owing to the growing awareness regarding health issues and their preventive measures
Companies such as Biocodex Inc., Chr. Hansen Holding A/S, Danisco A/S, Danone, Ganeden, Sabinsa Corporation and Lallemand Inc. offer raw materials for various industries including, medical food, healthcare, nutritional foods and supplements.
U.S. probiotic ingredients market by application, 2014 – 2025 (USD Million)
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Global probiotics ingredients market by region, 2015, (USD Million)
Health disorders are a result of unhealthy lifestyle such as long working hours, sedentary lifestyle, smoking, poor food habits and alcohol consumption and are expected to influence the industry growth over the forecast period. Probiotics ingredients utilized in the healthcare and medical food industry have to strictly abide by the regulations and standards set by the FDA, an agency within the US Department of Health and Human Services and the European Food Safety Authority (EFSA).
Grand View Research has segmented the probiotics ingredients market on the basis of ingredients, bacteria, end-use, application, and region:
Probiotics Ingredients, Ingredient Outlook (Revenue, USD Million, 2014 – 2025)
Bacteria
Yeast
Spore formers
Probiotics Ingredients, Bacteria Outlook (Revenue, USD Million, 2014 – 2025)
Lactobacilli
Bifidobacterium
Streptococcus
Probiotics Ingredients, Application Outlook (Revenue, USD Million, 2014 – 2025)
Probiotic food & beverages
Probiotic dietary supplements
Animal feed probiotics
Probiotics Ingredients, End Use Outlook (Revenue, USD Million, 2014 – 2025)
Human probiotics
Animal probiotics
Probiotics Ingredients, Regional Outlook (Revenue, USD Million, 2014 – 2025)
North America
U.S.
Canada
Mexico
Europe
UK
Germany
France
Asia Pacific
China
India
Japan
CSA
Brazil
MEA
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Grand View Research provides syndicated as well as customized research reports and consulting services on 46 industries across 25 major countries worldwide. This U.S.-based market research and consulting company is registered in California and headquartered in San Francisco. Comprising over 425 analysts and consultants, the company adds 1200+ market research reports to its extensive database each year. Supported by an interactive market intelligence platform, the team at Grand View Research guides Fortune 500 companies and prominent academic institutes in comprehending the global and regional business environment and carefully identifying future opportunities.
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