The global Probiotics Market value is projected to surpass USD $3.5 billion by 2026, according to a new research report by Global Market Insights, Inc. Changing consumer perception towards easily digestible food and beverages and the rising awareness of the potential benefits of probiotic-enhanced supplements may boost market share.
Increasing probiotics industry demand for high-quality food additives, owing to the changing perception towards overall wellness and rising disposable income, may boost market share. Probiotics-strain-enhanced additives are widely used to improve the nutritional profile of non-dairy, meat, and baked preparations, owing to their rich concentration of antioxidants and vital amino acids, which are likely to encourage market demand. Consumers are shifting towards alternate versions of their favorite snacks, which are fortified by probiotic strains, as they aid in healthy digestion, which may augment market share.
A rising prevalence of poor diets, an increasing elderly population with reduced nutritional uptake capability, and growing health awareness may promote the growth of the probiotics market for food supplement applications. Food supplements offer various advantages, such as offering multiple bacterial strains in a potent dose, correcting bacterial concentrations in the digestive tract, and alleviating abdominal discomfort which should boost market demand. Moreover, they boost the immune system and prevent bacterial and fungal infections by resisting against airborne pathogens, which is likely to boost market share.
Some major findings of the probiotics market report include:
- The demand for probiotics is increasing due to their benefits, such as their immune system strengthening nature and for the regulation of insulin and bile
- Rising market demand for high-quality dietary additives in Europe due to a rising geriatric population and increasing awareness towards the potential benefits of probiotics strain-induced diets.
- Changing perceptions towards animal rights and increasing demand for high-quality animal derivative products, such as eggs, meat, and milk in Asia-Pacific is expected to open new avenues for probiotics industry expansion.
- Some of the major players operating in the probiotics market include Arla Foods, BioGaia AB, DuPont Danisco, Danone, I- Health, Nestle, and Nebraska Cultures
- Companies are investing in R&D to develop hybrid varieties of strains to counter side effects and diversify product portfolio, which is likely to foster industry growth
Supportive government regulations in Europe and North America towards the use of probiotic strains in the food and beverage market and in animal feed may boost market share. Manufacturers are expanding product portfolios and diversifying segments by introducing probiotics enhanced alternatives, which may boost industry growth.
Browse key industry insights spread across 310 pages with 363 market data tables and 51 figures and charts from the report, “Probiotics Market Share By Ingredients (Lactobacilli, Bifidobacterium, Streptococcus, Bacillus), By End-Use (Human, Animal), By Application (Food and Beverages {Dairy Products, Non-Dairy Products, Cereals, Baked Food, Fermented Meat Products, Dry Food}, Dietary Supplements {Food, Nutritional, Specialty Nutrients, Infant Formula}, Animal Feed), Industry Analysis Report, Regional Outlook, Application Potential, Price Trends, Competitive Market Share & Forecast, 2019 -2026,” in detail along, with the table of contents: www.gminsights.com