Probiotics Market Will Hit Big Revenues In Future
The probiotics market was experiencing significant growth and was expected to continue expanding in the future. Probiotics are live bacteria and yeasts that are beneficial for human health, particularly for maintaining gut health and supporting the immune system.
Several factors contributed to the growth of the probiotics market:
Increasing consumer awareness: More people have become...
Probiotics Market: Key Factors behind Market’s Rapid GrowthProbiotics Market
The global perception toward daily food products is shifting from products providing basic nutrition to those offering several health benefits, such as functional foods. Today, a wide range of functional foods have been developed, including probiotics, prebiotics, and symbiotic foods. These products have changed the approach of various food processors from considering food only as a source of energy...
Probiotics Market Will Hit Big Revenues In Future
The global Probiotics
market size was valued at US$ 57.8 billion in 2022 and is projected to
reach US$ 85.4 billion by 2027 at a CAGR of 8.1% from 2022 to 2027. Asia Pacific dominated the market in 2022. Probiotics
are living microorganisms that have been shown to provide specific health
benefits to consumers.
The global feed market is relatively untapped and small in
comparison to the functional...
Top Driving Factors of Probiotics Market
The Probiotics Market is estimated to be valued at USD 57.8 billion in 2022. It is projected to reach USD 85.4 billion by 2027, recording a CAGR of 8.1% from 2022 to 2027 according to a new report by MarketsandMarkets™. Some macroeconomic and microeconomic elements that have been prevalent in some important countries have had an impact on the global probiotics market. In terms of value sales, this...
Probiotics Market to Showcase Continued Growth in the Coming Years
The global probiotics market is estimated to be valued at USD 61.1 billion in 2021 and is projected to reach USD 91.1 billion by 2026, at a CAGR of 8.3% during the forecast period. The increase in the consumption of functional foods such as yogurt especially in developing economies like Asia Pacific and awareness of health has resulted in the growth of probiotics market. The ban on the use...
Probiotics Market: Global Outlook, Trends, and Forecast to 2026
According to the new market research report “Probiotics Market by Application (Functional Food & Beverages (Dairy Products, Non-dairy Beverages, Infant Formula, Cereals), Dietary Supplements, Feed), Ingredient (Bacteria, Yeast), Form (Dry, Liquid), End User, & Region – Global Forecast to 2026“, published by MarketsandMarkets™, the global Probiotics Market is estimated...
Growth Strategies Adopted by Major Players in Probiotics Market
The global probiotics market is estimated to be valued at USD 49.4 billion in 2018 and is projected to reach USD 69.3 billion by 2023, at a CAGR of 7.0% during the forecast period. The probiotics market is driven by the growing popularity of functional foods such as yogurt, particularly in emerging countries of the Asia Pacific. The increased demand for dietary supplements in the North American region...
Health Benefits Associated with Probiotics to Drive the Market Growth in Coming Years
The global demand for probiotics is increasing significantly due to growing awareness about the health benefits associated with probiotic fortified foods such as yogurt and probiotic supplements. The probiotics market is projected to grow at a CAGR of 7.0% from 2017, to reach a value of USD 64.02 Billion by 2022.
On the basis of source, the probiotics market was led by the bacteria segment in 2016....