October 10, 2019
According to the new research report available at MarketStudyReport.com under the title ‘Probiotics Ingredients Market Share, Size, Trends, & Industry Analysis Report, By Type (Bacteria, Yeast, Spore formers), By Application (Probiotic Food & Beverages, Probiotic Dietary Supplements, Animal Feed Probiotics), By End-Use (Human Probiotics, Animal Probiotics), By Regions, Segment Forecast, 2019 – 2026’, the worldwide probiotics ingredients market is expected to accrue US $3.97 billion by the year 2026.
Probiotics are living bacteria that enable digestive functioning in human body. It is commonly used to treat disorders caused by antibiotics such as inflammatory bowel disease, irritable bowel syndrome, and diarrhea. Widespread application of the product across healthcare industry as medical nourishment, dietary supplement, and wholesome sustenance, will propel the probiotics ingredients market in the upcoming years.
As per the report, the manufacturers are spending heavily on R&D programs for dietary supplements and are focusing on creating restrictive strains of probiotics for therapeutic prerequisite and such specific applications. This prevailing trend among manufacturers, along with development of nutritional beverages will boost the demand for probiotics ingredients. Another factor aiding the market growth is the easy availability of probiotic foods across pharmacies, supermarkets, and specialist shops.
Considering the application spectrum, probiotic food & beverages segment dominated the probiotics ingredients market in the past years and is presumed to grow in the same fashion over the analysis timeline, owing to rising expenditure on nutritional nourishments, cites the report.
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Speaking of regional contribution, Asia Pacific probiotics ingredients market is estimated to register lucrative growth opportunities over the forecast period. The regional growth can be attributed to the increasing adoption of product for sport nutrition and preventive healthcare. Moreover, high demand for product from Japan and China due to rising consumer awareness regarding gastrointestinal and cardiovascular health, will further boost the regional market growth.
The prominent manufacturers operating in probiotics ingredients market include Danisco A/S, Danone Inc., Biocodex Inc., Lallemand Inc., and Chr. Hansen A/S among others.