Launch of New Functional Food Products Supports Positive Growth of Global Probiotic Market, Tmr States

Transparency Market

Research

Probiotic Market -Global Industry Analysis, Size, Share,

Growth and Forecast 2014 - 2020

Published Date

22-05-2015

106 Page Report

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Launch of New Functional Food Products Supports Positive

Growth of Global Probiotic Market, TMR States

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Probiotic Market

REPORT DESCRIPTION

The competitive landscape of the global probiotic market includes players such as Yakult Honsha Co. Ltd.,

Nestle S.A., Lifeway Foods Inc., Groupe Danone S.A., General Mills Inc., PROBI AB, Chr. Hansen, E.l. du Pont

de Nemours and Company, BioGaia AB, and Mother Dairy. The key players are witnessing an increased

demand for human probiotics, says Transparency Market Research (TMR) in a new report. In fact, the

human probiotics segment contributes majorly towards the market revenue. The market players are

focusing on creating awareness about probiotic food and beverages as this application segment has led

the overall market and is anticipated to display a CAGR of 7.20% during the period between 2014 and

2020.

Among the key regions in global probiotic market, Asia Pacific was the leading region in 2013. The region is

anticipated to retain its position during the forecast period, expanding at a CAGR of 7.10%. “The growing

consumption of functional foods across India and China has augmented the growth of this regional

market,” TMR report states.

EU Regulations Mandate Verification of Potential Health Benefits Offered by Probiotic Products

In terms of sales of probiotic products, Europe is one of the major regions for the market players. During

the period between 2014 and 2020, Germany and France are expected to register steady growth at a

CAGR of 6.80% and 6.60% respectively. Furthermore, the EU regulations have...