Product ID: UCMIG35H2068
Probiotic Ingredients Market Size, Share, Growth Analysis, By Form(Dry/Powder, Liquid), By Ingredient(Bacteria, Lactobacilli), By Application(Functional Food and Beverages, Dairy Products), By End-User(Human Probiotics, Animal Probiotics), By Regional(North America, Asia Pacific) - Industry Forecast 2024-2031
Report ID:
UCMIG35H2068 |
Region:
Global |
Published Date: Upcoming |
Pages:
165
| Tables: 55 | Figures: 60
Probiotic Ingredients Market Insights
Market Overview:
The market for probiotic ingredients, valued at USD 2.50 billion in 2021, is expected to grow at a CAGR of 8.8% from 2022 to 2030. This growth is driven by the increasing use of probiotic ingredients in functional foods and beverages due to their health benefits. The COVID-19 pandemic has also led to the adoption of various marketing strategies by probiotic food manufacturers to promote their products and enhance consumers' immunity.
Probiotic Ingredients Market, Forecast & Y-O-Y Growth Rate, 2020 - 2028
To get more reports on the above market click here to
Get Free Sample
Get Free Sample
This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.
Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.
The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Biotechnology by segment aggregation, the contribution of the Biotechnology in Pharmaceuticals, Biotechnology & Life Sciences and vendor share.
To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.
Probiotic Ingredients Market Report Snapshots
Want to customize this report?
Our industry expert will work with you to provide you with customized data in a short amount of time.
REQUEST FREE CUSTOMIZATION
USA (+1) 351-333-4748
