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Transparency Market
Research
Probiotic Market - Global Industry Analysis, Size,
Share, Growth and Forecast 2014 - 2020
Published Date
22-May-2015
106 Page Report
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Press Release
Driven by Rising Awareness on Gut Health, Global Probiotics
Market to Log 7.40% CAGR from 2014-2020 : TMR
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Probiotic Market
REPORT DESCRIPTION
Probiotic Market - Global Industry Analysis, Size, Share, Growth and Forecast 2014 - 2020
Transparency Market Research announces the release of the latest report on the global probiotics market. The
study, titled “Probiotic Market - Global Industry Analysis, Size, Share, Growth and Forecast 2014-2020”,
indicates that registering a strong CAGR of 7.40% from 2014 to 2020, the global market for probiotics is poised
to grow from US$62.6 bn in 2014 to US$96 bn in 2020.
Browse the full Probiotic Market - Global Industry Analysis, Size, Share, Growth and Forecast 2014 2020 report at : http://www.transparencymarketresearch.com/probiotics-market.html
Identifying the forces contributing toward the growth of the probiotics market, the report suggests that rising
consumption of functional foods, growing awareness regarding the improvement of gut health, and efficiency of
probiotic bacteria are responsible for the development of the global probiotics market. In addition, increasing
awareness about the benefits of probiotics, rising demand from emerging economies, ban on the use of
antibiotics in animal feed, and the application of probiotics in newer areas are likely to boost the global
probiotics market over the next five years. However, absence of proper standardization in the probiotics
industry has proved to be a hindrance to growth.
The research report segments the overall market for probiotics on the basis of application, end use, strain
types, and...