Probiotics Market Size to reach $73.8 billion by 2024– KBV Research

The Asia Pacific market would dominate the Global Bacteria Probiotics Market by Region by 2024, growing at a CAGR of 7.5 % during the forecast period. The Europe market is expected to witness a CAGR of 5.9% during (2018-2024). Additionally, The North America market is expected to witness a CAGR of 5.7% during (2018-2024).

The Human market dominated the Global Probiotics Market by End User 2017. The Animal market is expected to witness highest CAGR of 12.3% during (2018-2024).

The Food & Beverages market dominated the Global Probiotics Market by Application 2017, growing at a CAGR of 7 % during the forecast period. The Dietary Supplements market is expected to witness a CAGR of 8.5% during (2018-2024). Additionally, The Animal Feed market is expected to witness highest CAGR of 10.3% during (2018-2024).

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The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Chr. Hansen Holding A/S, DowDuPont Inc., Yakult Honsha Co. Ltd., Nestle S.A., Danone SA, Probi, Arla Foods, Inc., Lallemand Inc., BioGaia AB, and Kerry.

Global Probiotics Market Size Segmentation

By Ingredient

Bacteria

Yeast

By Form

Liquid

Dry

By End User

Human

Animal

By Application

Food & Beverages

Dairy Products

Non-Dairy Beverages

Infant Formula

Cereals

Others

Dietary Supplements

Animal Feed

By Geography

North America

US

Canada

Mexico

Rest of North America

Europe

Germany

UK

France

Russia

Spain

Italy

Rest of Europe

Asia Pacific

China

Japan

India

South Korea

Singapore

Malaysia

Rest of Asia Pacific

LAMEA

Brazil

Argentina

UAE

Saudi Arabia

South Africa

Nigeria

Rest of LAMEA

Companies Profiled

Chr. Hansen Holding A/S

DowDuPont Inc.

Yakult Honsha Co. Ltd.

Nestle S.A.

Danone SA

Probi

Arla Foods, Inc.

Lallemand Inc.

Kerry

BioGaia AB

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Probiotics Market Related Reports:

North America Market

Europe Market

Asia Pacific Market

LAMEA Market