Probiotic Market - Share, Growth and Forecast 2014 – 2020

Transparency Market
Research

Probiotic Market - Global Industry Analysis, Size, Share,
Growth and Forecast 2014 - 2020

Published Date
22-05-2015

106 Page Report

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Press Release

Driven by Rising Awareness on Gut Health, Global Probiotics
Market to Log 7.40% CAGR from 2014-2020

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Probiotic Market

REPORT DESCRIPTION

Transparency Market Research announces the release of the latest report on the global probiotics market.
The study, titled “Probiotic Market - Global Industry Analysis, Size, Share, Growth and Forecast 2014-2020”,
indicates that registering a strong CAGR of 7.40% from 2014 to 2020, the global market for probiotics is
poised to grow from US$62.6 bn in 2014 to US$96 bn in 2020.
Identifying the forces contributing toward the growth of the probiotics market, the report suggests that
rising consumption of functional foods, growing awareness regarding the improvement of gut health, and
efficiency of probiotic bacteria are responsible for the development of the global probiotics market. In
addition, increasing awareness about the benefits of probiotics, rising demand from emerging economies,
ban on the use of antibiotics in animal feed, and the application of probiotics in newer areas are likely to
boost the global probiotics market over the next five years. However, absence of proper standardization in
the probiotics industry has proved to be a hindrance to growth.
Browse the full Probiotic Market report at :http://www.transparencymarketresearch.com/probioticsmarket.html
The research report segments the overall market for probiotics on the basis of application, end use, strain
types, and geography.On the basis of types of strain, the probiotics market is categorized into
streptococcus, lactobacillus, yeast,...