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MarketersMEDIA / Newsroom / Probiotics Market is Expected to Reach US$ 760 Million by 2023

Probiotics Market is Expected to Reach US$ 760 Million by 2023

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MarketStudyReport.com adds a new research titled 2018-2023 Global Probiotics Consumption Market Report that projects probiotics market to register a 5.1% CAGR in terms of revenue and reach US$ 760 million by 2023, from US$ 570 million in 2017.

— Europe is the dominant producer of probiotics, with production hitting 436.58 MT in 2016, accounting for about 48.19% of total global probiotics market amount, followed by North America, having production market share of 24.53%. Leading players in probiotics industry are DuPont (Danisco), Chr. Hansen, Lallemand, China-Biotics. Chr. Hansen is the largest manufacturer, with the sales market share of 15.99% in 2016. The top five companies occupied about 61.11% share of the market in 2016.

This report presents a comprehensive overview, market shares, and growth opportunities of Probiotics market by product type, application, key manufacturers and key regions. Probiotics are live micro-organisms which, when administrated in adequate amounts, confer a health benefit on the host. While the traditional delivery vehicle for probiotics was fresh dairy products, they are now found in many varieties of food, beverages, dietary supplements and healthcare products.

Questions? Get them answered and evaluate details before making a final purchase decision on this premium report via:
https://www.marketstudyreport.com/enquiry-before-buying/1184548/

To calculate probiotics market size, this research considers value and volume generated from the sales of the following segments:
Segmentation by product type:
Bifidobacterium
Lactobacillus
Other
Segmentation by application:
Food & Beverage
Drugs
Dietary Supplements
Others

The report also presents probiotics market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: DuPont (Danisco), Chr. Hansen, Lallemand, China-Biotics, Nestle, Danone, Probi, BioGaia, Yakult, Novozymes, Glory, Biotech, Ganeden, Morinaga, Milk, Industry Sabinsa, Greentech, Biosearch, Life UAS Laboratories, Synbiotech.

Complete report on Probiotics Consumption industry with forecasts to 2023 is available at https://www.marketstudyreport.com/reports/2018-2023-global-probiotics-consumption-market-report

In addition, this report discusses the key drivers influencing probiotics market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives:

To study and analyze the global Probiotics consumption (value & volume) by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.
To understand the structure of Probiotics market by identifying its various subsegments.
Focuses on the key global Probiotics manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Probiotics with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Probiotics submarkets, with respect to key regions (along with their respective key countries).

Request a sample of this premium probiotics market report at
https://www.marketstudyreport.com/request-a-sample/1184548/

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Source URL: https://marketersmedia.com/probiotics-market-is-expected-to-reach-us-760-million-by-2023/376839

For more information, please visit https://www.marketstudyreport.com/reports/2018-2023-global-probiotics-consumption-market-report

Source: MarketersMedia

Release ID: 376839

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