New York City, 28 January 2020: The global probiotics
ingredients market size is estimated to reach 3.97 billion
by 2026 and is anticipated to grow at a CAGR of 6.9 % from 2019 to 2026 according
to a new study published by Polaris Market Research.
Probiotics are live
bacteria’s that facilitates digestive functioning in human body. Most of the
bacteria are considered under probiotic but in specific terminology Lactobacillus
is commonly found across fermented food and beverages. The common application
of probiotics in human includes treatment of certain conditions such as
Irritable bowel syndrome, Inflammatory bowel disease, and diarrhea caused by
antibiotics.
Wide uses of probiotic
ingredients across healthcare sectors including medical nourishment that
consists of beneficial bacteria’s, wholesome sustenance and supplements are
relied upon to drive the market development over the estimate time frame.
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Expanding R&D investments
in dietary supplements by major manufacturers is expected to open new market
avenues for the probiotic ingredients market. Manufacturers have created and
distinguished restrictive strains of probiotics for explicit applications to
meet specific prerequisites for various therapeutic conditions. For example,
Lactobacillus fermentum VRI-003 PCC and Lactobacillus rhamnosus HN001 are
utilized to fix dermatitis. This trend of identifying probiotic strains for
specific applications is also expected to boost expansion of the global market.
Product development in
nutritional beverages including yogurt, juices, fermented tea, and pickles by
prominent players, for example, Danone, is anticipated to positively impact
market growth. Danone’s product Activia, a probiotic drink invigorated with
dairy ingredients. Easy availability of probiotic foods in specialist shops,
supermarkets and pharmacies is expected to increase product awareness among
consumers and promote brand image among conscious buyers, which, in turn, will
boost development of the market.
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As far as application
is considered, probiotics in food & beverages segment drove the worldwide
market and is expected to anticipate subsequent growth on account of increased
spending on nutritional nourishment.
Asia Pacific is
expected to remain as one of the lucrative regions over the estimated period.
Significant spending on incorporation of probiotic elements for preventive
healthcare along with sports nutrition by major player such as GSK and Pfizer
can impel market growth. Strong demand for probiotics ingredients from China
and Japan, by virtue of rising consumer awareness with respect to proper
digestion along with cardiovascular and gastrointestinal health is expected to
boost the market growth.
The global probiotics
ingredients market has witnessed high level of integration by the market
players. Some of the key players in the industry include Biocodex Inc. Danone
Inc., Chr. Hansen Holding A/S, Lallemand Inc, and Danisco A/S.
About Polaris Market Research
Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for our clientele spread across different enterprises.
Contact Us:
Polaris Market Research
Phone: 1–646–568–9980
Email: sales@polarismarketresearch.com
Web: www.polarismarketresearch.com
Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for our clientele spread across different enterprises.
Contact Us:
Polaris Market Research
Phone: 1–646–568–9980
Email: sales@polarismarketresearch.com
Web: www.polarismarketresearch.com
