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Global Probiotics Market

  • 4100.00 Dollar US$
  • Published date: June 22, 2020
    • Omkar Heights, Sinhagad Road,, Pune, Maharashtra, India [ Ads Views - 5 ]

Probiotics Market is expected to reach USD XX Billion by 2026 from 48.46 Billion in 2018 at a CAGR of XX % (Detailed analysis of growth rate has been provided in a report). Some of the major benefits such as improved immune system and digestive system to prevent and treat diarrhea, keep a heart-healthy along with treating food-borne illness are driving growth for Probiotics Market. Probiotics Market is segmented based on application, source, form, end-user, and geography. Based on application, the global market for probiotics has been segmented into functional food and beverages, dietary supplements and animal feed. The food and beverage sub-segment is expected to hold one of the largest market shares and is projected grow even faster during the forecast period. On the basis of source, bacteria sub-segment dominated the probiotics market in 2017 whereas among end-user the market is led by human sub-segment with large consumption acting as a major growth driver. The Asia Pacific led the market in 2018 and is projected to grow at a higher rate during the forecast period as well with rising interest in health products being one of the major drivers contributing to overall growth.

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