ASIA PACIFIC PROBIOTICS MARKET FORECAST 2018-2026

ASIA PACIFIC PROBIOTICS MARKET FORECAST 2018-2026

  • July 2018 •
  • 76 pages •
  • Report ID: 5475027 •
  • Format: PDF
KEY FINDINGS
The Asia-Pacific probiotics market dominates the global scene in terms of revenue generation. Over the forecast period of 2018-2026, the market will continue to grow by exhibiting a CAGR of 7.40%. Developing countries such as India, China, and Japan are chiefly contributing to this market’s prosperity.

MARKET INSIGHTS
The Indian market is anticipated to rise with the highest CAGR over the forecast period.The high demand for dietary supplements like probiotics in India is expected to almost double during the forecast period.

Also, factors like rising investments in the FMCG sector and an increasing number of gut-related disorders are expected to drive the probiotics market in this country. Besides India, the other key countries contributing to this market are China, Japan, South Korea and Australia.

COMPETITIVE INSIGHTS
Leading companies in the probiotics market are Bio Gaia Ab, Mother Dairy Fruit And Vegetables Inc, Lifeway Foods Inc., Danisco (Acquired By Dupont), Nestle S.A., Nebraska Cultures, General Mills Inc, Yakult Honsha Co Ltd, Lallemand Inc, Arla Food Inc., Protexin, Chr. Hansen Holdings A/S and Probi Ab.