The global probiotics market is anticipated to grow at a considerable CAGR of 5.9% during the forecast period (2024-2031). Key acquisitions and product developments are anticipated to drive global probiotics during the forecast period. The key companies operating in the industry are highly inclined towards the adoption of different growth strategies including capacity expansion, partnerships, mergers and acquisitions, geographical expansions, and product innovations to remain competitive in the market. For instance, in October 2021, Clio launched a probiotic-infused yogurt bar. Clio stated that the product is a less sugar bar, thus yogurt bar can also be consumed by the consumers who follow the keto lifestyle as well as the consumers who are sugar and calorie-conscious. Thus, the growing consumer understanding and its effects are likely to increase the product demand at a healthier pace. Further, in June 2020, Danone launched super animals. The product is a low-fat yogurt created to assist kids’ immune systems.
Get Free Sample link @ https://www.omrglobal.com/request-sample/probiotics-market-share
Additionally, in February 2021, ADM has acquired Deerland Probiotics & Enzymes owing to expanding its portfolio of health and wellness products and solutions. Similarly, in August 2021, Probi expanded its portfolio into oral probiotics with Blis Technologies acquisition owing to leverage manufacturing capacity to ramp up its production output and profitability. The oral probiotic contains K12 and M18 strains, that assist to improve natural immune defenses by warding off oral infections.
Full report of Probiotics Market available @ https://www.omrglobal.com/industry-reports/probiotics-market-share
Market Coverage
Segment Covered-
- By Type
- By Application
Regions Covered-
- North America
- Europe
- Asia-Pacific
- Rest of the World
Competitive Landscape- including Amul, BioGaia AB, Dupont nutrition and health, Nestle nutrition and health, and more.
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominate the market in the base year?
- Which segment and region will project the fastest growth in the market?
- How has COVID-19 impacted the market?
o Deviation from the pre-COVID-19 forecast
o Most affected region and segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
Global Probiotics Market Report Segment
By Type
- Bacteria
- Lactobacillus
- Streptococcus
- Bifidobacterium
- Yeast
- Saccharomyces
- Boulardi)
By Application
- Human Probiotics
- probiotics food & beverages
- probiotics dietary supplement
- Animal Feed Probiotics
Reasons to Buying From us –
1. We cover more than 15 major industries, further segmented into more than 90 sectors.
2. More than 120 countries are for analysis.
3. Over 100+ paid data sources mined for investigation.
4. Our expert research analysts answer all your questions before and after purchasing your report.
For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/probiotics-market-share
Media Contact:
Contact Person: Mr. Anurag Tiwari
Email: anurag@omrglobal.com
Contact no: +91 780-304-0404
Company Name: Orion Market Research
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offers Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.
