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Probiotics Market Share, Current Trends, Industry Insights and Regional Forecast by 2024

Author : Rahul Sankrityayan | Published Date : 2019-09-30 

Global Market Insights, Inc. has announced the launch of Probiotics Market, a comprehensive study enumerating the latest price trends and pivotal drivers rendering a positive impact on the industry landscape. Further, the report is inclusive of the competitive terrain of this vertical in addition to the market share analysis and the contribution of the prominent contenders toward the overall industry.

It has been observed that probiotics integrated with animal feed additives have significant impact on animal health and has the capability to prevent and control enteric pathogens, which has provided a boost to probiotics market growth from the animal feed sector. The growing concern about the declining usage of AGPs in animal feed along with surging development of probiotic product manufacturing for animal nutrition will further push probiotics market share over the years ahead.

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Animal probiotic ingredients may register gains at over 7.5% up to 2024. These products are used as animal feed additives which aids in enhancing growth performance and provides feed efficiency in aquaculture, cattle, swine and poultry livestock.

Additionally, lactobacillus used in animal feed improves growth performance, nutrient utilization, gut health feed conversion efficiency and regulates immune system. Rising livestock production on account of increasing demand for meat and dairy products may enhance probiotic ingredients market demand.

Probiotic ingredients market from dietary supplements may surpass USD 275 million by the end of forecast period. These are beneficial bacteria improving various health conditions such as irritable bowel syndrome, diarrhea, along with improving gut health and immunity.

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Dietary supplements containing probiotic strains are easily absorbable, easy to incorporate and promote overall health and wellness thereby providing essential nutrients in the body. Rising consumer awareness of functional ingredients and rapid prevalence of digestive health issues may foster probiotic ingredients market growth.

China probiotic ingredients market demand may witness growth at above 7% by 2024. Rising meat production backed by financial support from government subsidies coupled with rapid industrialization and middle class population may enhance regional growth.

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Additionally, increasing trends towards eating out and growth in fast food industry may stimulate meat consumption. Rising health cautiousness and growing awareness regarding feed additive products among livestock farmers may stimulate eubiotics market growth.

Global probiotic ingredients market share is competitive among major industry participants such as Danone, General Mills, Yakult, Nestle, Lallemand, Chr. Hansen Holding and Arla Foods. Many manufacturers in the market are highly investing in R&D activities regarding replacement of AGP's along with engaging in partnerships and agreements to capture major market share and enhance global reach.

Partial Report Content:

Chapter 4 Probiotics Ingredients Market, By Ingredients

4.1 Key ingredients trends

4.2 Lactobacilli

4.2.1 Global lactobacilli market, 2013-2024, (Kilo Tons) (USD Million)

4.2.2 Global lactobacilli market, by region, 2013-2024, (Kilo Tons), (USD Million)

4.3 Bifidobacterium

4.3.1 Global Bifidobacterium market, 2013-2024, (Kilo Tons), (USD Million)

4.3.2 Global Bifidobacterium market, by region, 2013-2024, (Kilo Tons), (USD Million)

4.4 Streptococcus

4.4.1 Global streptococcus market, 2013-2024, (KiloTons) (USD Million)

4.4.2 Global streptococcus market, by region, 2013-2024, (Kilo Tons), (USD Million)

4.5 Bacillus

4.5.1 Global bacillus market, 2013-2024, (Kilo Tons) (USD Million)

4.5.2 Global bacillus market, by region, 2013-2024, (Kilo Tons), (USD Million)

4.6 Others

4.6.1 Global other ingredients market, 2013-2024, (Kilo Tons) (USD Million)

4.6.2 Global Other ingredients market, by region, 2013-2024, (Kilo Tons), (USD Million)

Chapter 5 Probiotics Market, By End-Use

5.1 Key end-use trends

5.2 Human probiotics

5.2.1 Global human probiotics ingredients market, 2013-2024, (Kilo Tons) (USD Million)

5.2.2 Global human probiotics ingredients market, by region, 2013-2024, (Kilo Tons), (USD Million)

5.3 Animal probiotics

5.3.1 Global animal probiotics ingredients market, 2013-2024, (Kilo Tons) (USD Million)

5.3.2 Global animal probiotics ingredients market, by region, 2013-2024, (Kilo Tons), (USD Million)

About Global Market Insights:

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Contact Us:

Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: mailto:[email protected]
Web: https://www.gminsights.com

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About Author

Rahul Sankrityayan

Rahul Sankrityayan

Fortified with a post-graduate degree in Computer Applications, Rahul Sankrityan writes for Fractovia, where he pens down news and articles spanning across segments of technology industry that excite him on a day-to-day basis. Rahul comes with a rich experience in technical field as well as writing. He can be contacted at- [email protected] | https://twitter.com/sankritsays

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