About Probiotic Ingredients
Probiotics ingredients refer as the bacteria which are live and yeasts which is good for human body, especially your digestive system. Due to the growing awareness among customers the demand for probiotics is increasing globally about there relation to digestive health benefits, the rise in demand for nutritious food, and increase in demand for quality animal-based products. Probiotics are consumed as in supplement form or are used as components in food & beverages
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 8.5% |
Competition among existing players is due to the Probiotic Ingredients market share occupied by leading players. The industry leader is engaged in offering innovative and superior quality products to cater to the ever-growing demand for Probiotic Ingredients Market. The companies are implementing strategic activities such as acquisitions and mergers along with collaboration with companies in other industries to aid them in improving sustenance and maintaining their competitive advantage. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
CHR. Hansen (Denmark), Danone (France), Yakult Honsha (Japan), Dowdupont (United States), Kerry (Ireland), Probi AB (Sweden), Nestle (Switzerland), Biogaia (Sweden), Morinaga Milk Industry Co., Ltd. (Japan), Glac Biotech (Taiwan) and Bifodan A/S (Denmark) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Biena (United States), Lallemand (Canada), General Mills (United States), Uas Laboratories (United States) and Archer Daniels Midland Company (ABM) (United States).
Segmentation Overview
AMA Research has segmented the market of Global Probiotic Ingredients market by Type (Regular, Preventative and Therapy), Application (Probiotic food & beverages, Probiotic dietary supplements and Animal feed probiotics) and Region.
On the basis of geography, the market of Probiotic Ingredients 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). If we see Market by Form, the sub-segment i.e. Dry will boost the Probiotic Ingredients market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Ingrediants, the sub-segment i.e. Bacteria will boost the Probiotic Ingredients market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Bacteria, the sub-segment i.e. Lactobacilli will boost the Probiotic Ingredients market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End User, the sub-segment i.e. Human probiotics will boost the Probiotic Ingredients market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Rising demand for supplements and increase in the consumption of probiotic dairy products and Products are launching at the consumer level
Market Growth Drivers:
Health related benefits associated with probiotic-fortified foods and Increase in the consumption level of probiotic dietary supplements
Challenges:
Rising complexities in integrating probiotics in functional food and Increased operating cost
Restraints:
Various quality standards and regulations undertaken for probiotic products and Increased level of high R&D Costs for developing new probiotic strains
Opportunities:
EU Ban on antibiotic growth promoters in feed, Increasing demand for probiotics in developed economies and Promoting probiotic health benefits among livestock farmers
Market Leaders and their expansionary development strategies
Danone announces a series of new commitments and actions to ensure its packaging will become 100% circular, and to accelerate the global transition towards a circular economy of packaging
Key Target Audience
Manufacturers Suppliers and Distributors, Venture Capitalists and Private Equity Firms, New Entrants/Investors, Strategic Business Planners, Government Regulatory, Research Organizations, End-Use Industries and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.