Ad ID: 6648
Added: May 12, 2021
Sale Price: $411052
According to a report by Fortune Business Insights, titled “Probiotics Market Size, Share and Global Trend By Microbial Genus (Lactobacillus, Bifidobacteria, Yeast), By Application (Functional Food and Beverage, Dietary Supplement, Animal Feed), By Distribution Channel (Supermarkets/Hypermarkets, Pharmacies/Health Stores, Convenience Stores, Online Retail), and Geography Forecast till 2025,”the market was valued at USD 42.55 Billion in 2017 and is projected to reach USD 74.69 Billion by the end of 2025, exhibiting a CAGR of 7.3% in the forecast period.
Recent breakthrough concepts in the development of probiotics for health-associated factors have created a huge demand for the product across the world. Resulting from the huge demand and a high emphasis on the research and development of the product, the global probiotics industry is set to witness rapid growth in the coming years.
Since ages, bacteria have been misconceived as organisms that are harmful to the human body. In reality, there are more ‘helpful’ bacteria than ‘harmful.’ Moreover, there are very few live bacteria that are found to have a positive influence on the health of a person. Probiotics are among the few of the live bacteria that are found to have exceptional health benefits. Some of the well-known benefits of probiotics include relief in immune system-stimulation and minimizing disorders such as diarrhoea and lactose intolerance.
When consumed in the right amount, probiotics can be used to minimize anti-mutagenic activities, constipation, and urogenital health incidence. Probiotics can be used alternatives to the good bacteria that are lost by the body at any given time. As a result of exceptional health benefits, there is a huge emphasis on the research and development of efficient probiotics. Moreover, constant studies on probiotics have enabled differentiation of application-oriented probiotics. The growing applications of probiotics across the healthcare industry will enable the growth of the global probiotics market in the forthcoming years.
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