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On the basis of applications the market is divided into dietary supplements , food & beverages , and animal feed . Food & beverages accounted for more than 80 % of the total market revenue in 2015 . This sector consists of bakery , breakfast cereals , dairy , fermented meat , fats & oils , fish & eggs , and soy products .
Dietary supplement demand is likely to witness the fastest growth during the forecast period . These supplements are commercially found in forms of capsules , powders , and tablets .
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 .
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