(Entertainment-NewsWire.com, May 24, 2017 ) “Probiotic Ingredients Market by Function (Regular, Preventative, Therapy), Application (Food & Beverage, Dietary Supplements, & Animal Feed), End Use (Human & Animal Probiotics), Ingredient (Bacteria & Yeast), and by Region - Global Trends & Forecast to 2020”
The probiotic ingredients market, that forms a part of the functional food ingredients market, is currently being driven by the rising popularity of probiotic functional foods and beverages among consumers. Age, stress, and poor diet are some of the reasons responsible for digestive ailments, bloating, and reduced resistance to infections; consumption of functional foods comprising probiotics enhanced products helps to alleviate these widespread conditions.
The probiotic ingredients market is estimated to be valued at $33.19 Billion in 2015. It is projected to reach $46.55 Billion by 2020 growing at a CAGR of 7.0%. In 2014, the market was dominated by Asia-Pacific, followed by Europe. The Asia-Pacific market is projected to grow at the highest CAGR, with rapid growth in the food & beverage industry in developing countries such as Japan, India, and China. The growing demand for dietary supplements is also driving the probiotic ingredients market.
Browse 78 market data tables and 68 figures spread through 183 pages and in-depth TOC on “Probiotic Ingredients Market by Function (Regular, Preventative, Therapy), Application (Food & Beverage, Dietary Supplements, & Animal Feed), End Use (Human & Animal Probiotics), Ingredient (Bacteria & Yeast), and by Region - Global Trends & Forecast to 2020"
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Drivers-
1Promising Health Benefits of Functional Foods Containing Probiotic Ingredients
2 Extended Application Areas of Probiotics in Agriculture & Disease Control & Treatments
3 Huge Investments Fueled Innovations in Probiotic Products & Process Technology
4 Participation of International Bodies in Research and Development of Probiotic Products
Restraints-
1 Adherence to the International Quality Standards & Regulations for Probiotic Products
2 Lack of Awareness About Probiotic Products in Developing Economies
Opportunities-
1 Consumer Demands for the Products With Scientifically Proven Benefits
2 Probiotics Can Replace Pharmaceutical Agents.3 Increasing Demand for Probiotics in Developed Economies
Challenges-
1 Development of New Probiotic Products With More Sustainability & Promising Results
2 Pricing Complexities Related to Probiotic Products in the Market
The probiotic ingredients market is segmented on the basis of application into food & beverage, dietary supplements, and animal feed. The food & beverage segment has been further classified into dairy, bakery & confectionery, dry foods, non-dairy beverages, meat and cereals. The dietary supplements segment is projected to grow at the highest CAGR of 8.0% from 2015 to 2020.
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