Probiotics are microorganisms, beneficial for gut health. These microorganisms are good bacteria & yeasts found in human and animal body, foods and supplements. They are popularly found in products such as yogurt, chocolate, etc.
This report examines the global probiotics market and provides information regarding the revenue (USD Million) and volume (Kilo Tons) for the period 2018 to 2025. It further elaborates the market drivers which contribute to the growth. It then describes the restraints that are faced by the market. The market is classified into various segments with deep analysis of each segment for the study period.
- Rising awareness for improvement of gut health
- Efficiency of the probiotics bacteria
- Growing consumption of functional foods
- Lack of standardization in the probiotics industry
- Lack of knowledge about the benefits of probiotics
Report includes a detailed analysis on value chain in order to provide a holistic view of the probiotics market. Value chain analysis comprises detailed evaluation of the roles of various players involved in the probiotics industry, from raw material suppliers to end-users.
Porter’s five forces model has been used to depict the impact of various factors such as:
- Bargaining power of buyers
- Bargaining power of suppliers
- Degree of competition
- Threat of substitutes
- Threat of new entrants during the forecast period
Market attractiveness analysis has been included in order to analyze the application segments that are estimated to be lucrative during the forecast period on the basis of their market size and growth rate. Attractiveness of the market has been derived from market size, profit margin, growth rate, availability of raw materials, competition, and other factors such as social and legal constraints.
The probiotics market has further been segmented based on strain types such as lactobacillus, streptococcus, bifidobacterium, yeast, spore formers and others. The study provides forecast and estimates market for each strain type in terms of revenue and volume during the forecast period from 2018 to 2025. Each strain type has been further analyzed based on regional and country levels from 2018 to 2025 in terms of volume and revenue.
The probiotics market has been segmented based on applications such as food and beverages, dietary supplements and animal feed. The study provides forecast and estimates market for each application in terms of revenue and volume during the forecast period from 2018 to 2025. Each application has been further analyzed based on regional and country levels from 2018 to 2025 in terms of volume and revenue.
The probiotics market has been segmented based on end-uses such as human probiotics and animal probiotics. The study provides forecast and estimates market for each end-use in terms of revenue and volume during the forecast period from 2018 to 2025. Each end-use has been further analyzed based on regional and country levels from 2018 to 2025 in terms of volume and revenue.
In terms of geography, the probiotics market has been segmented into regions such as North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The study provides a detailed view of country-level aspects of the market on the basis of application segments and estimates the market in terms of revenue and volume during the forecast period.
The report also offers a competitive landscape of the overall market with company profiles of players such as Arla Foods, BioGaia Biologics AB, ConAgra, E. I. DuPont, General Mills Inc., Institute Rosell, Lifeway Foods Inc., Mother Dairy Food Processing, Nebraska Cultures Inc., Probi AB and Royal Dsm N.V. A detailed description of the each company has been included and includes information in terms of headquarters, inception, stock listing, upcoming capacities, key mergers & acquisitions, financial overview, and recent developments provides a thorough idea about the competitive positioning of market players. The report also provides probiotics market's mergers/acquisitions, partnerships, collaborations, new product lunches, new product developments and other industry developments.
Combination of primary and secondary research has been used to determine the market estimates and forecasts. Sources used for secondary research include (but not limited to) Paid Data Sources, Company Websites, Technical Journals, Annual Reports, SEC Filings and various other industry publications. Specific Details on methodology used for this report can be provided on demand.
SEGMENTATIONS IN REPORT:
Probiotics By Strain Types
Probiotics By Application
- Spore Formers
Probiotics By End-Use
- Food And Beverages
- Dietary Supplements
- Animal Feed
Probiotics By Geography:
- Human Probiotics
- Animal Probiotics
- Asia Pacific
- North America
- Latin America
- Middle East And Africa