Global Probiotics Market – Size, Outlook, Trends and Forecast (2024

Global Probiotics Market - Size

Study Period

2018 - 2030

Base Year For Estimation

2023

Forecast Data Period

2024-2030

Historical Data Period

2018-2021

CAGR

7 %

Source: Envision Intelligence Analysis & Experts Insights.

*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels

Probiotics are microorganisms that benefit humans and animals by maintaining intestinal microbial balance. Probiotic products are employed to treat mental illness, digestive problems, and neurological disorders. The global probiotics market will be growing with a CAGR of 7.1% to reach $78.42 Billion by 2025 from $52.26 Billion in 2019 during the forecast period. The major factors driving the probiotics market growth are increasing consumer preferences for natural products, increasing concerns of consumers on preventive health care and the effectiveness of probiotic bacteria, and growing demand for probiotics. However, the restraints hindering the market growth are complexities in integrating probiotics in functional foods, high operating costs, and international quality standards and regulations for probiotics products. Improved standards of living in developing economies and ban on the usage of antibiotics in animal feed are providing opportunities to the market growth during the forecast period 2019-2025.

Research Study Objectives:

Define, estimate, and forecast the Probiotics market statistics by source, form, function, application, and regions concerning the individual growth drivers, market trends and their contribution toward the Probiotics market growth
Provides comprehensive information regarding the key factors influencing the market growth (Drivers, Restraints & Challenges, and Opportunities)
Estimate & forecast the market size of all the segments concerning geographies including North America, Europe, Asia Pacific (APAC), South America and the Middle East and Africa (MEA).
Recent competitive developments including M&A (Mergers and Acquisitions), Partnerships, and Product Innovations are provided in the Probiotics Market Analysis report.
Analysis and conclusions on the future Probiotics market outlook.

Top-down and bottom-up approaches are used to validate the Probiotics Market Size and are used to estimate the size of other dependent submarkets. Key players in the market

Global Probiotics Market - Growth

Source: Envision Intelligence Analysis & Experts Insights.

*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels

are identified through various secondary sources; databases including Bloomberg Businessweek, Hoovers, Factiva, journals and associations and the market revenues are estimated and are thoroughly validated through primary and secondary research. Secondary research involves the study of annual and financial reports of top players nations. In the

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Global Probiotics Market - Porter's Five Force Analysis

Source: Envision Intelligence Analysis & Experts Insights.

*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels

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