Asia Pacific Probiotics Market By Ingredient (Bacteria, Yeast), By Form (Liquid, Dry), By End User (Human, Animal), By Application (Food & Beverages, Dietary Supplements, Animal Feed)
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The Asia Pacific Probiotics Market Size would witness market growth of 8.5% CAGR during the forecast period (2018 - 2024).
Probiotics are healthy bacteria that lead to health benefits for the host if consumed in sufficient quantities. It also functions as an anti-pathogens buffer and is therefore effective in the treatment of food toxicity. It also functions as an anti-pathogens buffer and is therefore effective in the treatment of food poisoning.
The demand for probiotics in fortified foods is projected to remain high due to increased awareness of their benefits and consumer willingness to buy premium products incorporated with probiotics. Global demand for probiotics is significantly increasing due to customers' growing awareness of their direct correlation with digestive health benefits, increased demand for nutritious foods, and increased demand for quality animal-based products. Probiotics can be found as a supplement and can be used as components in food & beverages.
Based on Ingredient, the market is segmented into Bacteria and Yeast. Based on Form, the market is segmented into Liquid and Dry. Based on End User, the market is segmented into Human and Animal. Based on Application, the market is segmented into Food & Beverages, Dietary Supplements and Animal Feed. Food & Beverages application segment is further bifurcated into Dairy Products, Non-Dairy Beverages, Infant Formula, Cereals, and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include 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.
Scope of the Study
Probiotics Market Segmentation:
By End User
- Food & Beverages
- Dairy Products
- Non-Dairy Beverages
- Infant Formula
- Dietary Supplements
- Animal Feed
- South Korea
- Rest of Asia Pacific
- Chr. Hansen Holding A/S
- DowDuPont Inc.
- Yakult Honsha Co. Ltd.
- Nestle S.A.
- Danone SA
- Arla Foods, Inc.
- Lallemand Inc.
- BioGaia AB
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