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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Press Release
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...