Global Probiotics Market 2015-2019 - Key Vendors are BioGaia, Hansen, Danisco, Danone, Nestle, Probi & Yakult

News provided by

Research and Markets

Jan 22, 2016, 10:10 ET

DUBLIN, Jan. 22, 2016 /PRNewswire/ --

Research and Markets (http://www.researchandmarkets.com/research/ckkt76/global_probiotics) has announced the addition of the "Global Probiotics Market 2015-2019" report to their offering.

The global probiotics market is highly competitive. Vendors compete on the basis of added health benefits, product differentiation, category extension, and innovation in product and application. Companies often engage in brand wars, especially in the probiotic functional food and beverages product segment.

The report predicts that the global probiotics market will grow at a CAGR of around 7% during the forecast period. The increasing health consciousness among the consumers globally is driving the growth of this market.

APAC was the market leader with the largest share of around 40% during 2014. The research report predicts the leadership of this region to continue until the end of the forecast period, with a growth rate of around 8%.

The use of probiotics in dairy products in this region is the primary driver for the growth of the market. Japan is the largest market for probiotics in this region, closely followed by China.

Segmentation by product application:

  • Functional food and beverages
  • Dietary supplements
  • Animal feed

Functional food and beverages were the dominant segment during 2014 and is expected to retain its leadership until the end of 2019. This segment is further classified into fermented meat, dairy, bakery, beverages, breakfast cereals, fats and oil, and soy products.

Segmentation by end use:

  • Human probiotics
  • Animal probiotics

Human probiotics was the dominant sector during 2014 due to its constant extension to fields other than food and drugs. This segment is expected to reach USD 44 billion by the end of 2019. Due to the rising health awareness among people in countries like the US, the demand for the probiotics in functional food, beverages and dietary supplements is expected to increase.

Key Vendors:

  • BioGaia
  • Hansen
  • Danisco
  • Danone
  • Nestle
  • Probi
  • Yakult

Other prominent vendors:

  • Attune Foods
  • Bifodan
  • BioCare
  • CopeHagen
  • Daflorn
  • Deerland Enzymes
  • Lallemand
  • Winclove Probiotics.

Key Topics Covered:

PART 01: Executive summary

PART 02: Scope of the report

PART 03: Market research methodology

PART 04: Introduction

PART 05: Market landscape

PART 06: Market segmentation by deployment

PART 07: Market segmentation by region

PART 08: Market drivers

PART 09: Impact of drivers

PART 10: Market challenges

PART 11: Impact of drivers and challenges

PART 12: Market trends

PART 13: Vendor landscape

PART 14: Key vendor analysis

For more information visit http://www.researchandmarkets.com/research/ckkt76/global_probiotics

Media Contact:

Laura Wood, +353-1-481-1716, [email protected]

SOURCE Research and Markets

Related Links

http://www.researchandmarkets.com

21%

more press release views with 
Request a Demo