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Global Probiotics Market - Growth, Trends, Covid-19 Impact, And Forecasts (2021

Global Probiotics Market - Growth, Trends, Covid-19 Impact, And Forecasts (2021
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Global Probiotics Market Forecast to 2027: Opportunities in the Growing Use of Probiotics in infant Feeding


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The probiotics market is expected to grow at a CAGR of 5.6% from 2020 to 2027 to reach $75.9 billion by 2027.
The growth of this market is mainly attributed to the growing consumer awareness regarding the health benefits of probiotics, increasing use of probiotics as an alternative to antibiotics, and growing research programs on probiotics for new applications.
Moreover, the growing use of probiotics for children and e-commerce growth is expected to create lucrative opportunities for players operating in this market. However, complex regulations related to probiotics are expected to hinder the growth of this market to some extent.
Based on strain, the yeast strain products segment is expected to grow at the highest CAGR during the forecast period. The increasing use of yeast strain in animal feed & functional food and the rising use of probiotics as an alternative to antibiotics are the major drivers for the growth of this segme ....

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