The factors that are influencing the market growth
include increase in demand for quality feed, concerns over animal health and
increasing diseases in the recent past. Probiotics improves digestion and
immunity power to resist infectious diseases of the gut. The trials conducted
by scientists on probiotics have not given good results. This acts as a
restraint. But the continuous Research and Development would give satisfactory
results in the near future, the global probiotics market is expected to grow at
a compound annual growth rate (CAGR) of 10.3% and reach US$60.5 billion by 2022
from $27.6 billion in 2014.
The Global Probiotics Market is segmented on the
basis of application, End user and the geography. By application, it can be
segmented into Probiotic Functional Foods & Beverages, Probiotic Dietary
Supplements and Animal Feed Probiotics. Based on end user, it can be segmented
into Human Probiotics and Animal Probiotics. Global Probiotics Market by
geography is segmented into North America, Europe, Asia Pacific and Rest of the
World. Asia Pacific has the highest share followed by Europe and North America
in terms of market value.
The key players in Global Probiotics Market are Arla
Foods, BioGaia Biologics AB, Chr. Hansen A/S, ConAgra, Danisco, E. I. DuPont,
General Mills Inc., Groupe Dannon, Institute Rosell, Nestle SA and Yakult
Honsha Co. Ltd.
For more information visit: http://www.marketresearchreports.com/stratistics-mrc/global-probiotics-market-outlook-2014-2022
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