The Covid-19 (coronavirus) pandemic is impacting society and the overall economy across the world. The impact of this pandemic is growing day by day as well as affecting the supply chain. The COVID-19 crisis is creating uncertainty in the stock market, massive slowing of supply chain, falling business confidence, and increasing panic among the customer segments. Trade barriers are further restraining the demand- supply outlook. As government of different regions have already announced total lockdown and temporarily shutdown of industries, the overall production process being adversely affected; thus, hinder the overall Probiotics Market globally. This report on ‘Probiotics market’ provides the analysis on impact on Covid-19 on various business segments and country markets. The report also showcases market trends and forecast to 2027, factoring the impact of Covid -19 Situation.
The Probiotics Market with detailed market segmentation by ingredient, end-use, application, distribution channel, and geography. The global probiotics market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading probiotics market players and offers key trends and opportunities in the market.
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The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the probiotics market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
Top Key Players:- BioGaia AB, Chr Hansen Holding A/S, Danone S.A., E. I. du Pont de Nemours and Company, Ganeden, Inc, Lifeway Foods, Inc., Nestle S.A, Probi AB, Protexin, Yakult Honsha Co., Ltd.
The key factors driving the probiotics market are rising demand from the functional food and dietary supplements industry and increasing health consciousness among consumers. Strong scientific evidence for disease treatment and auxiliary health benefits provided including curing intestinal inflammation, urogenital infection and bad gut bacteria treatment should facilitate the probiotics product demand globally. However, factors such as strict international quality standards and regulations for probiotic products and high research and development costs for developing new probiotic strains act as a threat to probiotic market growth. A ban on the use of antibiotics and growth promoters in Europe leads to a high demand for probiotics as an alternative which further provides a developing opportunity for the market players over the forecast period.
Reason to Buy
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global Probiotics market
- Highlights key business priorities in order to assist companies to realign their business strategies.
- The key findings and recommendations highlight crucial progressive industry trends in the market, thereby allowing players to develop effective long term strategies.
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
- Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.
Probiotics are live bacteria that are useful for the digestive system. They are also called as good microorganisms and promote human health when consumed in enough quantities. Probiotic are useful in preventing and treating inflammatory conditions, such as pouchitis, inflammatory bowel diseases, and chronic stomach inflammation. It also helps in treating constipation, irritable bowel syndrome, acid reflux, spastic colon, and reducing the recurrence of the bladder and colorectal cancer. Probiotics produce vitamins such as B6, B12, and K2, and aid the absorption of minerals such as iron, calcium, and magnesium. Thus, they are called as new vitamins.
The report analyzes factors affecting the probiotics market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the probiotics market in these regions.
Table of Contents:
- Key Takeaways
- Research Methodology
- Probiotics Market Landscape
- Probiotics Market – Key Market Dynamics
- Probiotics Market – Global Market Analysis
- Probiotics Market – Revenue and Forecasts to 2027 – Product Type
- Probiotics Market – Revenue and Forecasts to 2027 – Application
- Probiotics Market – Revenue and Forecasts to 2027 – Compound
- Probiotics Market Revenue and Forecasts to 2027 – Geographical Analysis
- Industry Landscape
- Probiotics Market, Key Company Profiles
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