Probiotics Market Size to Reach USD 2066.1 Million by 2026 at CAGR 5.4% - Valuates Reports

BANGALORE, India, July 9, 2021 /PRNewswire/ -- The Probiotics Market Report is Segmented by Type (Bifidobacterium, Lactobacillus, Others), by Application (Food & Beverage, Drugs, Dietary Supplements). The report covers global opportunity analysis and industry forecasts from 2021 to 2026. It is published in Valuates Reports under Vitamins & Supplements Category.

The global Probiotics market size was valued at USD 1665.7 Million in 2019 and is expected to reach USD 2066.1 Million by the end of 2026, growing at a CAGR of 5.4% during the forecast period 2021-2026.

The major factor driving the growth of the global probiotics market size are:

• Growing awareness among customers related to their direct relation to digestive health benefits, the rise in demand for nutritious food.
• Rising awareness regarding preventive healthcare is expected to drive the Probiotics market size as they help prevent the occurrence of diseases by strengthening the immune system.

Get your sample today: https://reports.valuates.com/request/sample/QYRE-Auto-3X777/Global_Probiotics_Market

GLOBAL PROBIOTICS MARKET TRENDS AND OPPORTUNITIES

Increasing adoption of probiotics as a replacement for pharmacological solutions to surge demand. The growing popularity of probiotic strains as a natural, cost-effective, and safe alternative to pharmacological therapies, as well as the expanding evidence on the health advantages associated with their use, are expected to positively impact probiotics market growth.

Furthermore, probiotics are becoming increasingly popular as a result of their numerous health benefits, such as improved gut health and immunological response, which will, in turn, boost the probiotics market growth during the forecast period.

Probiotics integration with low-cost, healthy products like yogurt, fruit juices, and cultured dairy drinks has contributed to probiotics market growth. Manufacturers are coming up with new probiotic products all the time, giving consumers a wide range of options that increases their customer base.

Browse the Table of Contents and List of figures at: https://reports.valuates.com/reports/QYRE-Auto-3X777/global-probiotics

PROBIOTICS MARKET SHARE ANALYSIS

Based on application, Food & Beverage is expected to hold the largest probiotics market share of 82% in 2019. This was followed by Dietary supplements which account for about 10% of global sales.

Based on region, Asia Pacific is expected to be one of the most lucrative regions due to the awareness about the benefits of probiotics. Asia-pacific accounted for about 51%  of the probiotics market share in 2019. It was followed by Europe with a market share of 23% in 2019.

Inquire for Regional Report: https://reports.valuates.com/request/regional/QYRE-Auto-3X777/Global_Probiotics_Market

Major Key Players in the Probiotics Industry

• DuPont(Danisco)
• Chr. Hansen
• Lallemand
• China-Biotics
• Nestle
• Danone
• Probi
• BioGaia
• Yakult
• Novozymes
• Valio
• Glory Biotech
• Ganeden
• Morinaga Milk Industry
• Sabinsa
• Greentech
• Bioriginal
• Biosearch Life
• UAS Laboratories
• Synbiotech

Buy Now for Single User + Covid-19 Impact : https://reports.valuates.com/api/directpaytoken?rcode=QYRE-Auto-3X777&lic=single-user

Buy Now for Enterprise License + Covid-19 Impact : https://reports.valuates.com/api/directpaytoken?rcode=QYRE-Auto-3X777&lic=enterprise-user

SUBSCRIPTION

We have introduced a tailor-made subscription for our customers. Please leave a note in the Comment Section to know about our subscription plans.

SIMILAR REPORTS

-  The functional food market size was valued at USD 177,770.0 Million in 2019, and is estimated to reach USD 267,924.4 Million by 2027, registering a CAGR of 6.7% from 2021 to 2027.Over the last decade, as new product kinds have entered the food sector, there has been an increase in demand for functional foods. Furthermore, the market is predicted to increase due to the usage of these products by a variety of end-users, including sport nutrition, clinical nutrition, and weight management.

-  The global clinical nutrition market size was valued at USD 32,495.97 Million in 2020, and is projected to reach USD 51,128.26 Million by 2028, registering a CAGR of 6.1% from 2021 to 2028.The rise in prevalence of metabolic disorders, high healthcare spending, and the expansion of the middle class in emerging nations are all driving the worldwide clinical nutrition industry forward. Furthermore, the market is predicted to rise due to the rising number of senior population and the development of therapeutic nutrition products tailored to the needs of the aged.

-  The global Animal Probiotics market size is projected to reach USD 3305.1 Million by 2026, from USD 2007.4 Million in 2019, at a CAGR of 7.4% during the forecast period 2021-2026. In the global animal-used probiotic ingredient market, North America is the largest consumer with a market share of 40%, followed by Europe with a market share of about 28%.

-  The Dietary Supplements Market size is expected to grow from USD 81.91822 Billion in 2019 to USD 119.16011 Billion by 2025, at a CAGR of 6.44%.

-  The Vitamins market size is projected to reach USD 6062.8 Million by 2026, from USD 4753.3 Million in 2020, at a CAGR of 4.1% during 2021-2026.

-  The global Nutraceutical Ingredients market size is projected to reach USD 167.3 Million by 2026, from USD 127 Million in 2019, at a CAGR of 4.0% during the forecast period 2021-2026.

-  The global Carotenoids market size is projected to reach USD 1209.2 Million by 2027, from USD 1145.9 Million in 2020, at a CAGR of 0.9% during 2021-2027.

-  Enteral Nutrition Market Size, Share, Trends, Growth, Industry Analysis, Forecast 2021 to 2026. The Report contains segmentation by Type ( Standard Protein diet, High Protein Supplement, Protein for Diabetes Care Patient, Others), By Application (Hospital Sale, Retail, Online)

-  Global Gluten-Free Probiotics Market Report 2021

-  Global Medical Probiotics Market Outlook 2021

-  Global Prebiotic Ingredients Market Report 2021

-  Global Probiotic Supplements Market Report 2021

To see the full list of related reports on the Probiotics Industry

ABOUT US:

Valuates offers in-depth market insights into various industries. Our extensive report repository is constantly updated to meet your changing industry analysis needs.

Our team of market analysts can help you select the best report covering your industry. We understand your niche region-specific requirements and that's why we offer customization of reports. With our customization in place, you can request for any particular information from a report that meets your market analysis needs.

To achieve a consistent view of the market, data is gathered from various primary and secondary sources, at each step, data triangulation methodologies are applied to reduce deviance and find a consistent view of the market. Each sample we share contains detail research methodology employed to generate the report, Please also reach to our sales team to get the complete list of our data sources

CONTACT US:

Valuates Reports
sales@valuates.com 
For U.S. Toll-Free Call  +1-(315)-215-3225
For IST Call  +91-8040957137
WhatsApp : +91 9945648335
Website: https://reports.valuates.com 
Twitter - https://twitter.com/valuatesreports 
Linkedin - https://in.linkedin.com/company/valuatesreports
Facebook - https://www.facebook.com/valuatesreports

Logo: https://mma.prnewswire.com/media/1082232/Valuates_Reports_Logo.jpg  

SOURCE Valuates Reports