(Entertainment-NewsWire.com, March 17, 2017 ) According to Publisher, the Global Probiotics Market is accounted for $30.4 billion in 2015 and is expected to reach $60.5 billion by 2022 growing at a CAGR of 10.3% during the forecast period. Rising health awareness globally among consumers is expected to support the probiotics market growth. Increased intake of dietary supplements and dairy products across the western countries further propelled the market growth. Functional food sector further fuels the market growth. Government support and rising health concerns among consumers provide huge level of opportunities for probiotics manufacturers.
Asia Pacific is expected to grow at a faster pace owing to technological advancements thus opening up new avenues for development. Emerging markets, such as China, India, and Brazil, are expected to lead the region. However, less awareness levels about the advantages of probiotics especially in underdeveloped nations of Asia Pacific is hindering the market.
Some of the key players in the market include are Nestle S.A., Lallemand Inc. , Chr. Hansen Holding A/S, Arla Foods, Inc. , Nebraska Cultures, BioGaia Biologics AB, Yakult Honsha Co. Ltd., General Mills Inc., Mother Dairy Fruit & Vegetable Pvt. Ltd. , E. I. DuPont, ConAgra, Institute Rosell, Lifeway Foods Inc. , Danisco A/S, Probi AB and I-Health Inc.
Regions Covered: -North America -US -Canada -Mexico -Europe -Germany -France -Italy -UK -Spain -Rest of Europe -Asia Pacific -Japan -China -India -Australia -New Zealand -Rest of Asia Pacific -Rest of the World -Middle East -Brazil -Argentina -South Africa -Egypt
10 Company Profiling 10.1 Nestle S.A. 10.2 Lallemand Inc. 10.3 Chr. Hansen Holding A/S 10.4 Arla Foods, Inc. 10.5 Nebraska Cultures 10.6 BioGaia Biologics AB 10.7 Yakult Honsha Co.Ltd. 10.8 General Mills Inc. 10.9 Mother Dairy Fruit & Vegetable Pvt. Ltd. 10.10 E. I. DuPont 10.11 ConAgra 10.12 Institute Rosell 10.13 Lifeway Foods Inc. 10.14 Danisco A/S 10.15 Probi AB 10.16 I-Health Inc.