Knowledge Sourcing Intelligence has come up with a new report titled “Probiotics Market - Forecasts From 2016 To 2021”.
The report segments the Probiotics Market by application (Functional food and beverages, Dietary supplements, and Animal feed), end use (Human probiotics, and Animal probiotics), ingredient (Bacteria, and Yeasts), function (Regular, Preventive, and Therapeutic), type (Lactobacillus, Streptococcus, Bifidobacterium, Spore Formers, and Others) and geography (America, Europe Middle East and Africa, and Asia Pacific). Global probiotics market was valued at US$39.711 billion in 2016 and will grow to US$58.200 billion by 2021, at a CAGR of 7.94% over the forecast period.
Growing consumer preference towards natural products is one of the major factors contributing to the increasing demand for probiotics worldwide. Rising awareness among consumers regarding preventive healthcare is also boosting the usage of probiotics for rich food products. Consumption of functional food, rapid urbanization, and improving standard of living is further propelling the global probiotics market growth rate.
Some of the major players of probiotics industry covered as part of the report are Yakult, Mother Dairy Fruit & Vegetable Pvt. Ltd., DANONE, Lifeway Foods, and Chr. Hansen Holding A/S among others.
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This 122 pages report provides comprehensive insight of current probiotics market illustrated with a wide range of figures and data tables for the forecasted period based on the segmentations listed above.
Key TOC Contents are listed as below:
• Market Dynamics
o By Application
Functional food and beverages
o By End Use
o By Ingredients
o By Function
o By Type
o By Geography
• North America
• South America
Europe Middle East and Africa
• Middle East and Africa
• Competitive Intelligence
• Profiles of major companies