Global Probiotics Market Worth $23.93 Billion By 2017
DALLAS, February 5, 2013 /PRNewswire/ --
The report "Probiotics Market by Products (Functional Foods, Dietary Supplements, Specialty Nutrients, Animal Feed), Applications (Regular, Therapeutic, Preventive Health Care) And Ingredients (Lactobacilli, Bifidobacteria, Yeast) - Global Trends and Forecasts To 2017" defines and segments the global probiotic market with analysis and forecasting of the global revenue for probiotic products and ingredients. It also identifies driving and restraining factors for the global market with analysis of trends, opportunities, winning imperatives, and challenges. The market is segmented and revenues are forecasted on the basis of major regions such as North America, Europe, Asia-Pacific (APAC), and Rest of the World (ROW). The key countries are covered and forecasted for each region. Further, market is segmented and revenues are forecasted on the basis of applications, products, and ingredients in the Probiotics product market.
Browse 127 market data tables and 23 figures spread through 303 pages and in-depth TOC on " Probiotics Market by Products (Functional Foods, Dietary Supplements, Specialty Nutrients, Animal Feed), Applications (Regular, Therapeutic, Preventive Health Care) And Ingredients (Lactobacilli, Bifidobacteria, Yeast) - Global Trends & Forecasts To 2017 " . http://www.marketsandmarkets.com/Market-Reports/probiotic-market-advanced-technologies-and-global-market-69.html Early buyers will receive 10% customization on reports.
According to the report published by MarketsandMarkets ( http://www.marketsandmarkets.com), probiotic market was valued at $24.23 billion in 2011 and is expected to grow at a CAGR of 6.8% from 2012 to 2017. In 2011, APAC led the global market with share of 40.0% followed by Europe and North America in terms of revenue.Probiotics are live microorganisms that are similar to the beneficial microorganisms found in humans and are hence generally regarded as safe (GRAS). Though they have been in existence for many years, the proper appreciation of their benefits is only a recent phenomenon. More and more research are being undertaken to validate their efficacy; so far, such activities have demonstrated their effectiveness in cases of antibiotic associated diarrhea, irritable bowel syndrome, lactose intolerance, oral health, etc. The functional ingredients in the probiotic products help in balancing the intestinal micro-biota resulting in enhanced overall health, wellbeing, and boosts immune system.
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