Probiotics Market Size in APAC SWOT Analysis, Insights by Product and Application
Category: #business  By Ronak Bora  Date: 2021-05-04
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Probiotics Market Size in APAC SWOT Analysis, Insights by Product and Application

The APAC probiotics market size is set to see significant growth in its share owing to rising spending on dietary supplements and is projected to go past the valuation of $1.5 billion by the year 2026. People in developing countries are experiencing rise in their disposable incomes and are spending a lot of money on products containing probiotics, which are also known as ‘good bacteria’.

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Probiotics are a group of microorganisms containing bacteria, viruses and protozoa that protect the immune system of the human body from a wide range of diseases. They help the body normalize after suffering from an illness and help in its recovery as well. They help boost immunity and effectively prevent and treat illnesses like diarrhea, colon inflammation and severe allergies. They positively impact a person’s mental health as well.

The bacteria that are most commonly found in probiotics are Lactobacillus and Bifidobacterium. However, the Lactobacilli bacteria are projected to show promising growth in probiotics market in Asia Pacific. These bacteria are known to treat a variety of illnesses such as diarrhea, stomach pain, colon inflammation, indigestion and many others. Developing countries like India and China have seen tremendous growth in the consumption of pharmaceutical products which use Lactobacilli as one of the main ingredients to treat various gastric disorders.

The human consumer segment of probiotics market in APAC held nearly 95% of its total share. This is because the demand for nutritional and dietary supplements among consumers in this region has risen substantially. Today, they are increasingly consuming different minerals, vitamins and other supplements to lead a healthy lifestyle.

Rising health awareness among the young population in Asia Pacific region has given a major boost to its probiotics market. Today, more and more youngsters are becoming aware about the importance of high immunity system and its benefits as well. This population is quite health conscious and is engaged in different sporting activities, which has further triggered the demand for probiotics.

The food and beverages segment held a share of 88% in probiotics market in Asia Pacific and will significantly contribute towards its growth in the future as well, according to industry experts. Rising number of consumers are spending increasing amount of money on packaged foods and beverages which help them get on with their fast-paced lives. The younger population, on the other hand, has increased disposable incomes as compared to the previous generation, leading to higher spending on health and fitness.

While analyzing the country-wise demand, developing countries like India are reported to play an active role in fostering probiotics consumption. India’s population has seen incredible rise in its per-capita income and is ready to spend more money on dietary and nutritive supplements. India is home to high consumption of dairy products as well and probiotics are used in these items to increase their nutritional value.

Increasing demand for animals for commercial and personal purposes will bolster demand for probiotics in Asia Pacific market. People engaged in activities like animal husbandry will require animal feed additives to keep their animals healthy. On the other hand, people who enjoy having pets at home will need these supplements to boost their pets’ immunity system.

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Some of the companies involved in the production of probiotics in Asia Pacific region are DSM Nutritional Products Inc., Probiota Asia, BY-HEALTH, Wellness Foods, Calpis Co. Ltd., Bluestar Adessio Company and many others.

Browse Related Report:

Europe Probiotics Market Size By Ingredients (Lactobacilli, Bifidobacterium, Streptococcus, Bacillus, Others), By End Use (Human, Animal), By Application (Functional Foods & Beverages [Dairy, Non-dairy, Cereals, Baked Goods, Fermented Meat Products, Dry Foods], Dietary Supplements [Food, Nutritional, Specialty, Infant Formula], Animal Feed Probiotics), Industry Analysis Report, Regional Outlook (Germany, UK, France, Italy, Russia, Spain, Netherlands, Belgium), Application Potential, Price Trends, Competitive Market Share & Forecast, 2018 – 2024

https://www.graphicalresearch.com/industry-insights/1047/europe-probiotics-market

North America Probiotics Market Size By End-Use (Human, Animal), By Ingredients (Lactobacilli, Bifidobacterium, Streptococcus, Bacillus), By Application (Food and Beverages [Dairy Products, Non-Dairy Products, Cereals, Baked Food, Fermented Meat Products, Dry Food], Dietary Supplements [Food, Nutritional, Specialty Nutrients, Infant Formula], Animal Feed), Country Analysis, Industry Analysis Report, Growth Potential, Price Trends, Competitive Market Share & Forecast, 2020 – 2026

https://www.graphicalresearch.com/industry-insights/1543/north-america-probiotics-market

Table of Contents (ToC) of the report:

Chapter 2   Executive Summary

2.1   Probiotics industry summary, 2015 - 2026

2.1.1    Business trends

2.1.2    Product trends

2.1.3    End-Use trends

2.1.4    Application trends

2.1.5   Country trends

Chapter 3 Probiotics Industry Insights

3.1    Industry segmentation

3.2    Industry outlook, 2015 - 2026

3.3    Value Chain

3.4    Regulatory overview

3.5    Market factor analysis

3.5.1    Growth drivers

3.5.2    Growth restraints

3.6    Competition review

3.7    Porter’s analysis

3.8    PESTEL analysis

Browse complete Table of Contents (ToC) of this research report @ https://www.graphicalresearch.com/table-of-content/1651/asia-pacific-probiotics-market

About Graphical Research:                              

Graphical Research is a business research firm that provides industry insights, market forecast and strategic inputs through granular research reports and advisory services. We publish targeted research reports with an aim to address varied customer needs, from market penetration and entry strategies to portfolio management and strategic outlook. We understand that business requirements are unique: our syndicate reports are designed to ensure relevance for industry participants across the value chain. We also provide custom reports that are tailored to the exact needs of the customer, with dedicated analyst support across the purchase lifecycle.

 

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About Author

Ronak Bora

Ronak Bora    

A graduate in Electronics Engineering, Ronak writes for Technology Magazine and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and spo...

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