The Probiotics Market Research Report provides forecast and estimates for each application in terms of Market Size, Share, Trend & Growth during the study period (Upto 2021).
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Probiotics are microorganisms, beneficial for gut health. These microorganisms are good bacteria & yeasts found in human and animal body, foods and supplements. They are popularly found in products such as yogurt, chocolate, etc.. This report examines the global probiotics market and provides information regarding the revenue (USD Million) and volume (Kilo Tons) for the period 2014 to 2021. It further elaborates the market drivers which contribute to the growth. It then describes the restraints that are faced by the market. The market is classified into various segments with deep analysis of each segment for the study period.
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Report includes a detailed analysis on value chain in order to provide a holistic view of the probiotics market. Value chain analysis comprises detailed evaluation of the roles of various players involved in the probiotics industry, from raw material suppliers to end-users.
A. Drivers :
- Rising awareness for improvement of gut health
- Efficiency of the probiotics bacteria
- Growing consumption of functional foods
B. Restraints :
- Lack of standardization in the probiotics industry
- Lack of knowledge about the benefits of probiotics
C. Porter’s five forces model has been used to depict the impact of various factors such as :
- Bargaining power of buyers
- Bargaining power of suppliers
- Degree of competition
- Threat of substitutes
- Threat of new entrants during the forecast period
The probiotics market has been segmented based on end-uses such as human probiotics and animal probiotics. The study provides forecast and estimates market for each end-use in terms of revenue and volume during the forecast period from 2015 to 2021. Each end-use has been further analyzed based on regional and country levels from 2014 to 2021 in terms of volume and revenue.
In terms of geography, the probiotics market has been segmented into regions such as North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The study provides a detailed view of country-level aspects of the market on the basis of application segments and estimates the market in terms of revenue and volume during the forecast period.
D. SEGMENTATIONS IN REPORT :
1. Probiotics By Strain Types :
- Spore Formers
2. Probiotics By Application :
- Food And Beverages
- Dietary Supplements
- Animal Feed
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