Global Probiotics Market to Reach US$96,046.8 million by 2020

Global Probiotics Market to Reach US$96,046.8 million by 2020

  • Submitted By: amyjames
  • Date Submitted: 04/07/2016 3:30 AM
  • Category: Business
  • Words: 2120
  • Page: 9

Transparency Market

Probiotic Market -Global Industry Analysis, Size, Share,
Growth and Forecast 2014 - 2020

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106 Page Report

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Press Release

Global Probiotics Market to Expand at 7.40% CAGR from 2014 to

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Probiotic Market


Transparency Market Research has published a new market report titled “Probiotics Market by Application
Type (probiotic food and beverages, probiotic dietary supplements and animal feed probiotics), by End
User Type (human probiotics and animal probiotics), by Strain Type (lactobacillus, streptococcus,
bifidobacterium, yeast and spore formers among others) – Global Industry Analysis, Size, Share, Growth,
Trends and Forecast, 2014 –2020.” According to the report, the global probiotics market was valued at
US$58,700.3 million in 2013 and is anticipated to reach US$96,046.8 million by 2020, expanding at a
CAGR of 7.4% from 2014 to 2020.
Probiotics are live microorganisms which help maintain the balance of organisms in the host animal’s
intestines. When administered in adequate amounts they bestow health benefits and provide protection
against diseases. Probiotics can be formulated into different types of products such as foods, dietary
supplements and drugs. In dietary supplements, probiotics can be used in capsule, tablet or powder form.
Species of bifidobacterium and lactobacillus are most commonly used probiotics, but some bacillus and E.
coli species and yeast are also used as probiotics. Probiotics related products are also available for animal
feed. The key reasons for the success of probiotics fortified foods in these markets are increasing
awareness about their potency and efficacy and willingness of customers to pay extra for healthy...

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