The
global probiotic products market size is
poised to grow by USD 24.35 billion during 2019-2023, according to a new report
by Technavio, progressing at a CAGR of almost 8% during the forecast period.
Read the 128-page research report with TOC on "Probiotic
products Market Analysis Report by (Probiotic functional food and beverages,
Probiotic personal care products, Probiotic dietary supplements, and Probiotic
animal care products), end-users (Human and Animal) and geography (the
Americas, APAC, and EMEA) 2019 - 2023".
The market is driven by the rising number of new product
launches. Also, the rise in promotional and marketing initiatives is
anticipated to further boost the growth of the probiotic products market.
New product launches by regional and international players are
driving market growth. Growing awareness about the benefits of probiotics
supplements is significantly boosting the demand for probiotic products. This
is inducing both regional and global probiotic products manufacturers to focus
on introducing new products to improve their revenue share. For instance,
PROBAR has launched a new range of bars infused with probiotics. Furthermore,
manufacturers of probiotics are adopting innovative and distributive
strategies, which will drive market growth.
Buy 1 Technavio report and
get the second for 50% off. Buy 2 Technavio reports and get the third for free.
View market snapshot before purchasing
Major Five Probiotic Products Companies:
Chr.Hansen
Chr.Hansen has business operations under three segments, namely
food cultures & enzymes, health & nutrition, and natural colors. The
company offers a range of probiotic supplements and infant formula under the
PROBIO-TEC, The NU-TRISH, and Mother's 1st brands. The company also provides
probiotic solutions for swine and poultry industries.
Danone
Danone operates its business through various segments, including
EDP International, Specialized Nutrition, EDP NORAM, AND WATERS. The company
offers probiotic products under DanActive, Danone, Danacol, Actimel, and
Activia brands.
Nestlé
Nestlé has business operations under various categories, which
include Zone AMS, Zone EMENA, Zone AOA, Nestlé Waters, Nestlé Nutrition, and
Other businesses. The company offers a range of probiotics under the ActiPlus,
Good Start, Gerber, and Nutren Junior brands.
Probi
Probi is engaged in the development, marketing, and sale of
functional food and probiotics. The company offers a wide range of probiotic
products including Probi Premium, Probi Select, Probi LiveBac, BIO-tract.
Yakult Honsha
Yakult Honsha is engaged in the manufacture and sale of
medicines to local hospitals and pharmacies through pharmaceutical wholesalers.
The company offers probiotic beverages under the Yakult brand.
No comments:
Post a Comment