Food and Beverages Industry Report Probiotics Market Analysis | Page 2

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End-users include human probiotics and animal probiotics. Human probiotics accounted for over 90% of the
total market in 2015. An increase in the standard of living and disposable income in LMEA (Latin America, the
Middle East, & Africa) and Asia Pacific can impel market growth in the coming years.
Animal feed probiotics is anticipated to grow at a robustly till in the near future. Growing concerns about
animal health due to the growth in the meat consumption and recent animal disease outbreaks are key factors
that are anticipated to encourage global animal probiotics market.
Regions encompass North America, Europe, Asia Pacific, and the Rest of the World (RoW). Asia Pacific
probiotics led the global market, holding revenues over 40% in 2015. Prevalence of diabetes in the youth
population has promoted the role of probiotics industry in the region.
North America is expected to witness moderate growth. The United States of America dominated the regional
market. Obesity, digestive disorders, and diabetes, and other growing health concerns can play a major role in
the growth the market in this region.
Key players of the probiotics market are Danone, Nestle S.A, Danisco, Mother Dairy Fruits & Vegetables Private
Limited, and Nestle S.A. Players often adopt strategies like acquisitions, mergers, and strategic alliances to
expand their markets.
Browse Related Category Market Reports @ https://www.hexaresearch.com/research-
category/nutraceuticals-and-functional-foods-industry
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