Probiotic Ingredients Market by Application, Source, Region - 2023

1. MarketsandMarkets™ Presents Probiotic Ingredients Market- Forecast to 2023 https://www.marketsandmarkets.com/Market-Reports/probiotic-ingredients-market-238635114.html

2. The probiotic ingredients market is projected to grow from USD 268 million in 2018 to USD 402 million by 2023, at a compound annual growth rate (CAGR) of 8.5% during the forecast period. The increasing demand for dietary supplements in the pharmaceuticals, cosmetics, and personal care industries is projected to drive the market for probiotics, which in turn, is projected to drive the market growth for probiotic ingredients. Browse 80 market data Tables and 37 Figures spread through 153 Pages and in-depth TOC on "Probiotic Ingredients Market - Global Forecast to 2023“ Probiotic microorganisms are usually supplied in the form of culture concentrates, either in the dried or deep freeze form, for use in the food industry. The semi-liquid probiotic strains are usually offered in the form of gels and paste. Liquid probiotic strains are used in the production yogurt and buttermilk and are not available widely as compared to dry strains due to its shorter shelf life and the requirement of refrigeration during the transportation process. The Asia Pacific region is projected to hold the largest market due to the natural predisposition among consumers in this region for taking supplements. China, India, and Japan are estimated to be the primary drivers of this market with China projecting its growth in the segment of infant formula within probiotics. There is also a growing awareness among the people in India and Japan about using alternatives such as probiotics for the treatment and prevention of lifestyle disorders. The probiotics are gaining popularity in the Asia Pacific market particularly in the animal nutrition segment due to the growing concerns about their health and productivity. Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=238635114

3. Report Objectives: • Determining and projecting the size of the probiotic ingredients market with respect to its application, source, form, end user, and regional markets, over a five-year period ranging from 2018 to 2023 • Identifying attractive opportunities in the market by determining the largest and fastest-growing segments across regions • Analyzing the demand-side factors on the basis of the following: • Impact of macro- and micro-economic factors on the market • Shifts in demand patterns across different sub-segments and regions • Identifying and profiling key players in the probiotic ingredients market • Providing a comparative analysis of the market leaders on the basis of the following: • Product offerings • Business strategies • Strengths, weaknesses, opportunities, and threats • Key financials • Understanding the competitive landscape and identifying major growth strategies adopted by players across the key regions • Analyzing the supply chain and regulatory frameworks across regions and their impact on prominent market players • Providing insights on key investments in product innovations and technology and patent registrations • Make an Inquiry: https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=238635114

4. The study involves four major activities to estimate the current market size for probiotic ingredients. Exhaustive secondary research was done to collect information on the market, the peer market, and parent market. The next step was to validate these findings, assumptions, and sizing with industry experts across the value chain through primary research. Both, top-down and bottom-up approaches were employed to estimate the complete market size. Thereafter, market breakdown and data triangulation were used to estimate the market size of segments and subsegments. Secondary Research: In the secondary research process, various secondary sources such as Hoovers, Bloomberg BusinessWeek, and Dun & Bradstreet were referred to, so as to identify and collect information for this study. These secondary sources included annual reports, press releases & investor presentations of companies, white papers, certified publications, articles by recognized authors, gold standard & silver standard websites, food safety organizations, regulatory bodies, trade directories, and databases. Primary Research The probiotic ingredients market comprises several stakeholders such as probiotic ingredient manufacturers, regulatory bodies, intermediary suppliers, and end users in the supply chain. The demand side of this market is characterized by the development of the food & beverage, pharmaceutical, animal nutrition, and cosmetics & personal care industries. The supply side is characterized by advancements in technology and various application industries. Primary sources from both, the supply and demand sides of the market were interviewed to obtain qualitative and quantitative information. Request Sample: https://www.marketsandmarkets.com/requestsampleNew.asp?id=238635114

5. Scope of the Report: • On the basis of application, the probiotic ingredients market has been segmented as follows: • Functional foods & beverages •  Pharmaceuticals •  Animal nutrition •  Others* include cosmetics and personal care • On the basis of source, the probiotic ingredients market has been segmented as follows: • Bacteria •  Yeast • On the basis of end user, the probiotic ingredients market has been segmented as follows: • Human •  Animal • On the basis of region, the probiotic ingredients market has been segmented as follows: • North America • Europe • Asia Pacific • RoW* includes South America and the Middle East

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