1. Market Research
  2. > Food
  3. > Functional Food
  4. > Nutraceutical Market Trends
  5. > Global Probiotics Market 2015-2019

Global Probiotics Market 2015-2019

  • January 2016
  • -
  • Infiniti Research Limited
  • -
  • 71 pages

Summary

Table of Contents

Search Inside

Market outlook of the probiotics market
Technavio’s market research analyst predicts the global probiotics market to grow at a CAGR of around 7% during the forecast period. The increasing health consciousness among the consumers globally is driving the growth of this market. APAC is the fastest growing region in the probiotics market with the maximum demand arising from Japan.
The increasing product innovations in the probiotic market is also expected to fuel the market growth. New probiotic products are being introduced in the form of chocolate, biscuits, and gums to pique the interest of the customer. For instance, during 2014, Milsling introduced a probiotic dark chocolate brand named 'Chocowise'. The brand is sold in numerous markets such as Serbia, Croatia and Bosnia and is expected to enter other European markets as well.

Competitive landscape and key vendors
The global probiotics market is highly competitive. Vendors compete on the basis of added health benefits, product differentiation, category extension, and innovation in product and application. Companies often engage in brand wars, especially in the probiotic functional food and beverages product segment.

The Key vendorsin the market are
- BioGaia
- Hansen
- Danisco
- Danone
- Nestlé
- Probi
- Yakult

Other vendors in the market include Attune Foods, Bifodan, BioCare CopeHagen, Daflorn, Deerland Enzymes, Lallemand, and Winclove Probiotics.

Segmentation by product application and analysis of the global probiotics market
- Functional food and beverages
- Dietary supplements
- Animal feed

Functional food and beverages were the dominant segment during 2014 and is expected to retain its leadership until the end of 2019. This segment is further classified into fermented meat, dairy, bakery, beverages, breakfast cereals, fats and oil, and soy products.

Segmentation by end use and analysis of the probiotics market
- Human probiotics
- Animal probiotics

Human probiotics was the dominant sector during 2014 due to its constant extension to fields other than food and drugs. This segment is expected to reach USD 44 billion by the end of 2019. Due to the rising health awareness among people in countries like the US, the demand for the probiotics in functional food, beverages and dietary supplements is expected to increase.

Geographical segmentation and analysis of the global probiotics market
- APAC
- Europe
- Latin America
- North America
- ROW

APAC was the market leader with the largest share of around 40% during 2014. The research report predicts the leadership of this region to continue until the end of the forecast period, with a growth rate of around 8%. The use of probiotics in dairy products in this region is the primary driver for the growth of the market. Japan is the largest market for probiotics in this region, closely followed by China.


Key questions answered in the report include
- What will the market size and the growth rate be in 2019?
- What are the key factors driving the global probiotics market?
- What are the key market trends impacting the growth of the probiotics market?
- What are the challenges to market growth?
- Who are the Key vendorsin the probiotics market?
- What are the market opportunities and threats faced by the vendors in the global probiotics market?
- Trending factors influencing the market shares of APAC, Europe, Latin America, North America, and ROW?
- What are the key outcomes of the five forces analysis of the global probiotics market?

Technavio also offers customization on reports based on specific client requirement.

Related reports
- Global Yeast Market 2015-2019
- Organic Food and Beverage Market: Forecast & Report Analysis 2015-2019
- Global Food Enzyme Market 2015-2019
- Global Dietary Fiber Market 2015-2019

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 60 Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
Get This Report
24/7 Customer Support

Talk to Ahmad

+1 718 618 4302

Purchase Reports From Reputable Market Research Publishers
Probiotic Ingredients Market Analysis By Ingredients (Bacteria (Lactobacilli, Bifidobacterium, Streptococcus), Yeast, Spore Formers), By End Use (Human Probiotics, Animal Probiotics), Competitive Landscape, And Segment Forecasts, 2014 - 2025

Probiotic Ingredients Market Analysis By Ingredients (Bacteria (Lactobacilli, Bifidobacterium, Streptococcus), Yeast, Spore Formers), By End Use (Human Probiotics, Animal Probiotics), Competitive Landscape, And Segment Forecasts, 2014 - 2025

  • $ 4950
  • Industry report
  • February 2017
  • by Grand View Research

The global probiotics ingredients market is expected to reach USD 3.56 billion by 2025, according to a new report by Grand View Research, Inc. Rising demand for probiotics ingredients in medical secto ...

Probiotic Drinks: Global Market Intelligence (2012-2021)

Probiotic Drinks: Global Market Intelligence (2012-2021)

  • $ 4675
  • Industry report
  • February 2017
  • by Sprout Intelligence

REPORT OBJECTIVES The report “Probiotic Drinks: Global Market Intelligence (2012-2021)” provides market intelligence on the different market segments, based on type, sales channel, and geography. Market ...

Opportunity in Probiotics Market in India - 2017

Opportunity in Probiotics Market in India - 2017

  • $ 4500
  • Industry report
  • March 2017
  • by Feedback Business Consulting

This report provides insight into the current market scenario, structure and practices. In depth market scenario includes: - Current market size estimate - Revenues by players - Top 5 Companies - Market ...


ref:plp2016

Reportlinker.com © Copyright 2017. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.