ALBANY, N.Y.--(BUSINESS WIRE)--Transparency Market Research has announced the release of a market research report, titled “Probiotic Market - Global Industry Analysis, Size, Share, Growth and Forecast 2014-2020,” that examines the global market for prebiotics. The report states that the global market will expand at a healthy 7.40% CAGR between 2014 and 2020, owing to which the market with a valuation of US$62.6 billion in 2014, will rise to US$96 billion in 2020.
Browse Research Report: http://www.transparencymarketresearch.com/probiotics-market.html
The report segments the global probiotics market on the basis of key applications, end users, strain types, and key regional markets. On the basis of key probiotics strains, the market is segmented into bifidobacterium, streptococcus, spore formers, yeast, and lactobacillus. On the basis of end users, the market is further segmented into human probiotics and animal probiotics. Based on the types of applications, the market is segmented into food and beverages, animal feed, and dietary supplements. In 2013, the application segment of food and beverages accounted for a major share in the probiotics market, and is expected to expand at a healthy 7.20% CAGR between 2014 and 2020.
On the basis of geography, the market is segmented into Europe, Asia Pacific, North America, and the Rest of the World (RoW). In 2013, the regional market of Asia Pacific accounted for a major share of the global international probiotics market. The report states that Asia Pacific will retain its leading position over report’s forecast period as well, and will expand at a 7.1% CAGR.
- Prebiotics In Animal Feed Market: http://www.transparencymarketresearch.com/animal-feed-additive-market.html
- Prebiotic Ingredients Market: http://www.transparencymarketresearch.com/prebiotics-market.html
Key businesses operating in this market includes profiles of General Mills, Inc., Yakult Honsha Co., Ltd., Nestle S.A., BioGaia AB, Lifeway Foods, Inc., Chr. Hansen, Mother Dairy, China-Biotics, Inc., Groupe Danone S.A., and PROBI AB.
Transparency Market Research (TMR) is a market intelligence company driven by high-pedigree consultants and researchers. TMR leverages its Syndicated Research, Custom Research, and Market Consulting expertise to help businesses make accurate decisions. TMR’s exclusive blend of quantitative forecasting and trends analysis draws on proprietary data sources and techniques, while their data repository is continuously updated to reflect the latest trends.