What is Bifidobacterium Longum Market?
Herbal remedies have become popular, due in part to the lower risk of adverse reactions. Longum is a multifunctional probiotic that is effective in alleviating gastrointestinal, immunological, and infectious diseases. Existing evidence implies that the multifunctional effects are attributed to its ability to stabilize gut microbiota and improve the intestinal environment. WHO revealed that 5.2 million children under five of age die every year due to preventable diseases such as diarrhea, malaria, and pneumonia. In Malaysia, reported cases of diarrhea and acute gastroenteritis have been observed to occur throughout the year, with rotavirus-associated diarrhea being the most prevalently identified gastrointestinal disorder.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Unit | Value (USD Million) |
Key Companies Profiled | BioGaia AB (Sweden), Mystic Pharmaceuticals Inc (United States), Hanson Ltd (United Kingdom), Biofodan A/S (Denmark), BioCare Copenhagen ApS(Denmark), Danisco A/S (Denmark), Danone SA (France) and Deerland Probiotics & Enzymes (United States) |
The market study is being classified by Type (0.2g/Piece and 0.25g/Piece), by Application (Medicine and Others) and major geographies with country level break-up. According to AMA, the Global Bifidobacterium Longum market is expected to see steady growth rate.
BioGaia AB (Sweden), Mystic Pharmaceuticals Inc (United States), Hanson Ltd (United Kingdom), Biofodan A/S (Denmark), BioCare Copenhagen ApS(Denmark), Danisco A/S (Denmark), Danone SA (France) and Deerland Probiotics & Enzymes (United States) are some of the key players profiled in the study.
Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Bifidobacterium Longum market throughout the forecasted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Bifidobacterium Longum market by Type, Application and Region.
On the basis of geography, the market of Bifidobacterium Longum has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- The surge in awareness towards healthy food products
- The rise in demand for probiotic dietary supplements with probiotic ingredients
Market Trend
- Increasing online sales channel
Restraints
- Stringent government regulations
Opportunities
- Growing use to treat various diseases especially for the treatment of respiratory disorders
Challenges
- Availability of substitute
Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, Bifidobacterium Longum Manufacturer, Raw Material Suppliers, Dealers, Suppliers, Traders, and Distributors, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations and End-Use Industry