Business

Probiotics Market 2021-2027 Trends, Research Report, Growth Trends, Opportunities, Forecast to 2027

Posted on by Priyanka Parmar

The global probiotics market size was estimated at USD 48.38 billion in 2018 and is expected to expand at a CAGR of 6% over the forecast period. This is due to the growing consumer propensity to preventive care with the development of efficient probiotic strains.

A full report of Probiotics Market available at https://www.orionmarketreports.com/probiotics-market/11039/

Global Probiotics Market Scope and Market Size

By Ingredient

• Bacteria
• Yeast

By Application

• Food & Beverages
• Dietary Supplements
• Animal Feed

By Function

• Regular
• Preventative Healthcare
• Therapeutic

By End User

• Human Probiotics
• Animal Probiotics

Major Players

• Nestle S.A.
• Groupe Danone
• PepsiCo Inc. (Kevita)
• Yakult Honsha Co. Ltd
• Lifeway Foods Inc.

(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)

Priyanka Parmar

She hates snoozing and doesn’t believe in power naps. Gets the work done on priority if assigned to her. With over 5 years of experience in the same field, Priyanka is very much the go-to person for the most crucial of tasks for the company. Sorted head and a focused mind with 2-3 cups of hot tea is what makes her going. She avoids chanting jokes while working!