NEW YORK — According to the report “Probiotic Ingredients Market by Application and Geography – Forecast and Analysis 2022-2026,” the market will witness a YOY growth of 7.48% in 2022 and a CAGR of 7.99% during the forecast period. The report is segmented by application (food and beverages, dietary supplements, and others) and geography.
Market Scope
The report also covers the following areas:
Probiotic Ingredients Market size Probiotic Ingredients Market trends Probiotic Ingredients Market industry analysis
Vendor Insights
The probiotic ingredients market is fragmented. Vendors are deploying growth strategies such as focusing on performance, quality, price, customer service, and technology to compete in the market. The report analyzes the market’s competitive landscape and offers information on several market vendors, including:
Advanced Enzyme Technologies Ltd. Chr. Hansen Holding AS Deerland Probiotics and Enzymes Inc. International Flavors and Fragrances Inc. Kerry Group Plc Koninklijke DSM NV Lallemand Inc. Nutris Orffa Probi AB
Geographical Market Analysis
APAC will provide maximum growth opportunities in the probiotic ingredients market during the forecast period. According to our research, the region will contribute to 38% of the global market growth and is expected to dominate the market through 2025.
Japan and China are the two major markets for probiotic ingredients in APAC. The rising use of probiotic ingredients, the existence of a large number of producers, and concentrated production will drive the probiotic ingredients market growth in APAC during the forecast period.
Key Segment Analysis
The probiotic ingredients market share growth by the graduate courses segment will be significant during the forecast period. Factors such as increased agricultural production, improvements in food processing technology, and changing consumer food consumption patterns have paved the way for the growth of the food and beverage industry.
Key Market Drivers & Challenges:
The probiotic ingredients market will be driven by factors such as the increasing demand for healthier food products. Consuming probiotic ingredients can help strengthen the ability of gut flora to improve overall health.
The shelf life of probiotics will be a major challenge for the probiotic ingredients market during the forecast period. The shelf life of most probiotic bacteria causes deterioration and reduced viability because the number of viable bacteria decreases with time during storage.
Value Chain Analysis
The value chain of the packaged foods and meats market, which is the parent market of the probiotic ingredients market, includes the following core components:
Inputs Inbound logistics Primary processing Secondary and tertiary processing Outbound logistics End-customers Marketing and sales Service Innovation
Key Highlights
CAGR of the market during the forecast period 2022-2026 Detailed information on factors that will assist probiotic ingredients market growth during the next five years Estimation of the probiotic ingredients market size and its contribution to the parent market Predictions on upcoming trends and changes in consumer behavior The growth of the probiotic ingredients market Analysis of the market’s competitive landscape and detailed information on vendors Comprehensive details of factors that will challenge the growth of probiotic ingredients market vendors
About Us:
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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