Rising incidences of gut-related diseases are predicted to significantly enhance Europe probiotics market size by 2024

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Graphical Research has reported the addition of the “Probiotics Market: Europe Industry Analysis and Opportunity Assessment 2019 - 2024" report to their offering.

According to the Graphical Research new growth forecast report titled “Europe Probiotics Market analysis based on Ingredients, End Use, Application, Industry Analysis Report, Regional Outlook, Application Potential, Price Trends, Competitive Market Share & Forecast, 2018 – 2024”, estimated to exceed USD 21.5 billion by 2024. Growing demand for functional food & beverages and dietary supplements along with increasing availability of these products in supermarkets, grocery stores, health food stores & pharmacies are stimulating Europe probiotics market growth. These products help in treating various intestinal disorders such as lactose intolerance, bloating and irritable bowel disease which has resulted in increased health consciousness and rising product demand.

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Europe probiotics market from streptococcus may witness gains at over 7.5% in the predicted timeframe. These products provide protection against colon cancer, boost immunity, avoid antibiotic-associated diarrhea and reduce the possibility of kidney stones. In 2017, the deaths occurring from colon cancer was approximately 170,000 people in the EU which indicates ample opportunities for the market growth.

Europe probiotics market from dietary supplements was valued at over USD 1.4 billion in 2017. Shifting preferences towards preventive healthcare and enhancement in delivery systems such as sticks & capsules may contribute to the regional market growth.

UK animal probiotics market may show significant gains exceeding 7% in the forecast period. These products offer several benefits such as improvement in feed conversion efficiency, growth and mortality reduction of animals. Moreover, EU ban on antibiotic growth promoters has increased awareness of healthy animal feed which is predicted to accelerate industry growth.

The low stability of probiotic organisms which mandates careful manufacture, storage and transportation methods and stringent regulations concerning scientific requirements & their labelling may hamper market growth.

BioGaia, Arla Foods, Danone, General Mills, and Lallemand are some prominent manufacturers in the substantially competitive Europe probiotics market. Companies are focusing on acquisitions to enhance their product offering and expanding their market share along with indulging in joint ventures to improve their R&D capability and accelerate market demand.

Browse key industry insights along with Table of Content @ https://www.graphicalresearch.com/table-of-content/1047/europe-probiotics-market

Segments We Cover:

Europe Probiotics Market size, By Ingredients
Lactobacilli
Bifidobacterium
Streptococcus
Bacillus
Others

Europe Probiotics Market Analysis, By End-Use
Human Probiotics
Animal Probiotics

Europe Probiotics Market Demand, By Application

Food & Beverages
Dietary Supplements
Animal Feed

About Graphical Research:

Graphical Research is a business research firm that provides industry insights, market forecast and strategic inputs through granular research reports and advisory services. We publish targeted research reports with an aim to address varied customer needs, from market penetration and entry strategies to portfolio management and strategic outlook. We understand that business requirements are unique: our syndicate reports are designed to ensure relevance for industry participants across the value chain. We also provide custom reports that are tailored to the exact needs of the customer, with dedicated analyst support across the purchase lifecycle.

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Organization: Graphical Research
Website: https://www.graphicalresearch.com/industry-insights/1047/europe-probiotics-market

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Name: Parikhit B.
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Organization: Graphical Research
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