{"id":51255,"date":"2022-11-25T15:02:26","date_gmt":"2022-11-25T14:02:26","guid":{"rendered":"https:\/\/pharma-trend.com\/en\/global-probiotics-market-report-2022-increasing-popularity-of-probiotic-dietary-supplements-drives-sector-researchandmarkets-com\/"},"modified":"2022-11-25T15:02:26","modified_gmt":"2022-11-25T14:02:26","slug":"global-probiotics-market-report-2022-increasing-popularity-of-probiotic-dietary-supplements-drives-sector-researchandmarkets-com","status":"publish","type":"post","link":"https:\/\/pharma-trend.com\/en\/global-probiotics-market-report-2022-increasing-popularity-of-probiotic-dietary-supplements-drives-sector-researchandmarkets-com\/","title":{"rendered":"Global Probiotics Market Report 2022: Increasing Popularity of Probiotic Dietary Supplements Drives Sector – ResearchAndMarkets.com"},"content":{"rendered":"
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DUBLIN–(BUSINESS WIRE)–The “Global Probiotics Market by Product Type (Functional Food & Beverages, Dietary Supplements, and Feed), Ingredient (Bacteria and Yeast), End User (Human and Animal), Distribution Channel, and Region – Forecast to 2027”<\/a> report has been added to ResearchAndMarkets.com’s<\/strong> offering.\n<\/p>\n

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\nThe global probiotics market is estimated to be valued at USD 57.8 Billion in 2022. It is projected to reach USD 85.4 Billion by 2027, recording a CAGR of 8.1% during the forecast period. In the food & beverage industry, probiotics are living microorganisms associated with health benefits when consumed in appropriate quantities. They are helpful in the treatment of diseases, such as intestinal inflammation and urogenital infections, in both humans and animals.\n<\/p>\n

\nProbiotic products are gaining popularity worldwide due to digestive health and other benefits. Thus, there is a significant rise in the demand for nutritious food, and the increase in the demand for quality animal products. Probiotics are found in supplement form or as components of food & beverages. Their integration with inexpensive but good-for-health products, such as yogurt, fruit juices, and cultured dairy drinks, has contributed to their significant market size. Manufacturers are coming up with various innovations in probiotic products, thus providing various choices for consumers.\n<\/p>\n

\nThe animal end-user segment is projected to grow at the fastest CAGR of 7.9% during the forecast period<\/em><\/strong>\n<\/p>\n

\nFactors driving the animal segment in the probiotics market include the ban on synthetic Antimicrobial Growth Promoters (AGPs) in Europe in 2006 to promote the healthy growth of animals that provide safe meat for human consumption. The increasing awareness among consumers related to the benefits associated with the consumption of meat and dairy products has also given rise to their concern related to the quality of the meat they consume, hence, fueling the market growth.\n<\/p>\n

\nEurope is projected to be one of the key markets for the application of probiotics in the feed industry. Besides this, emerging countries of the Asia Pacific and South America are projected to become key major revenue-generating pockets for probiotic manufacturers in the feed industry due to the rising demand for animal protein sources in the region. Thus, the demand for probiotics for animal nutrition is projected to increase at the fastest rate due to the growing awareness among pet owners and farmers.\n<\/p>\n

\nChange in consumption pattern with growing incidence of chronic diseases is creating opportunities in the probiotics market<\/em><\/strong>\n<\/p>\n

\nChronic diseases are among the most prevalent health conditions worldwide, especially in developed countries, such as the US. As per the data published by the Partnership to Fight Chronic Disease (PFCD), chronic diseases are the leading cause of death and disability in the US. Approximately 133 million Americans, or 45% of the population, have at least one chronic disease, and chronic diseases are responsible for seven out of every 10 deaths in the US, killing more than 1.7 million Americans every year. Thus, changing consumption patterns and the growing prevalence of chronic diseases can prove to be a big opportunity for the players in the probiotics industry, especially in the dietary supplements space, as the products have health-associated benefits that are disease preventive.\n<\/p>\n

\nMarket Dynamics<\/strong>\n<\/p>\n

\nDrivers\n<\/p>\n