$58.20 Billion Probiotics Market - Forecasts from 2016 to 2021 - Research and Markets

DUBLIN--()--Research and Markets has announced the addition of the "Probiotics Market - Forecasts from 2016 to 2021" report to their offering.

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.

Global Probiotics market is witnessing a growth on account of growing consumer preference towards products which are natural. This along with rising awareness of people about preventive healthcare is also augmenting the demand for healthier food products which are rich in probiotics.

Consumption of functional food, rapid urbanization, and a better living standard has also impacted the probiotics market growth significantly. However, lack of comprehensive knowledge on part of customers about the effectualness of probiotic products and availability of various alternative strains with similar properties to improve health conditions may restrain the market growth.

Key industry players profiled as part of this section are Yakult, Mother Dairy Fruit & Vegetable Pvt. Ltd., DANONE, Lifeway Foods, and Chr. Hansen Holding A/S among others.

Segmentation

By Application:

  • Functional food and beverages
  • Dietary supplements
  • Animal feed
  • By End-use
  • Human Probiotics
  • Animal Probiotics

By Ingredients:

  • Bacteria
  • Yeast

By Function:

  • Regular
  • Preventative Healthcare
  • Therapeutic

By Type:

  • Lactobacillus
  • Streptococcus
  • Bifidobacterium
  • Spore Formers
  • Others

Companies Mentioned

  • Arla Foods
  • BioGaia
  • Chr. Hansen Holding A/S
  • Danone
  • i-Health, Inc
  • Lifeway Foods
  • Mother Dairy Fruit and Vegetable Pvt. Ltd.
  • Nestle
  • Probi AB
  • Yakult

For more information about this report visit http://www.researchandmarkets.com/research/3tdzj6/probiotics_market

Contacts

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press@researchandmarkets.com
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Related Topics: Health Food and Sports Nutrition

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Related Topics: Health Food and Sports Nutrition