Published Date: 26-Sep-2021
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According to a new report Global Probiotic Yeast Market, published by KBV research, The Global Probiotic Yeast Market size is expected to reach $673.6 Million by 2027, rising at a market growth of 12.4% CAGR during the forecast period.
Based on applications, the nutrition and supplement segment dominated the probiotic yeast market with the highest market share in 2020 and is projected to continue its dominance during the forecast period. There is a wide range of probiotic yeast-based nutrition and supplement products that are majorly provided to children and adults, but as probiotics contain several health benefits for people of all ages, probiotics for children and probiotics for adults are different.
The Powder market dominated the Global Probiotic Yeast Market by Form 2020, thereby, achieving a market value of $489,337.8 Thousands by 2027. The Capsules market is expected to witness a CAGR of 15.1% during (2021 - 2027).
The increasing awareness among the consumers regarding the importance of digestive and gut health would augment the growth of the European market. The demand for probiotics and prebiotic supplements is increasing due to the various benefits offered by these products. The demand for probiotic yeast in this region is high due to its usage in animal feed to increase milk production and animal productivity. As the population of the middle class is constantly growing, consumption trends are also evolving. The increasing demand for several nutritional supplements by the elder population, pregnant women, and children has supported the growth of the nutrition and health sector. The healthier functionality of probiotic yeast is accelerating the probiotic yeast market over the forecast period.
Full Report: https://www.kbvresearch.com/probiotic-yeast-market/
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 Biocodex S.A., Life-Space Group, Bronson Laboratories, Seeking Health, LLC, NOW Foods, Inc., Jarrow Formulas, Inc., Lallemand, Inc., Angel Yeast Co., Ltd., Alltech, and Chr. Hansen Holding A/S
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