Synbiotic Products Market - Segmented by Application (Animal Feed, Pharmaceuticals, Dietary Supplement, Food & Beverage & Others) - Growth, Trends and Forecasts (2019-2024)

Synbiotic Products Market - Segmented by Application (Animal Feed, Pharmaceuticals, Dietary Supplement, Food & Beverage & Others) - Growth, Trends and Forecasts (2019-2024)

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Synbiotic Products Market Insight

The global synbiotic products market is projected to register CAGR of 9.8% during the forecast period 2018 to 2023. The global players have been investing significantly in their R&D and conduction of clinical trials and studies for instance by Seed Health Inc., Pfizer Inc., Sabinsa Corporation and Danone Nutricia among others – thus raising the standards of synbiotic product formulation.

Two-in-One Formulation Positioning of Synbiotic Products Driving the Market Growth

There has been an increase in demand for health based naturally derived products in the food & beverage industry i.e. functional food & beverage – which is boosting the growth of pre-probiotic blends i.e. synbiotic based products across the globe. Probiotics, like Bacillus subtilis, promote the growth of ‘good’ bacteria in the gut, offering the additional health benefits that present consumers seek in functional beverages while prebiotic like special fibers boosts microbiota of human health. Thus, synbiotic products proved to be an ideal innovation to be employed by manufacturers as their fortification in food & beverage products is two-in-one formulation.

This two-in-one formulation positioning of synbiotics has created a lucrative image among consumers -  with varied application in pharmaceuticals, food & beverage, cosmetics, animal feed , an dietary supplements industry.

Increasing Demand for Prebiotics & Probiotics in Dietary Supplements – Boosting the Synbiotic Products Market

Demand, specifically, for probiotics and prebiotics in functional food & beverages is now higher than ever.  Research shows that probiotics work best when combined with prebiotics. The pre-pro combo i.e. two supplements in one dosage form is an efficient way to provide added benefit to consumers of convenience and paired products. The products are also delivered in the Licaps capsule-in-a-capsule technology designed for preferred-time release of the ingredient, incorporated with a 'moisture-defense system' that can help prevent premature activation of a probiotic's beneficial culture.

Europe Continues to Dominate in Synbiotic Products Market

By Region, Europe accounted for highest share followed by North America, Asia-Pacific, and others in 2017. Asia-Pacific synbiotic products market is expected to witness strong growth rate of 8.5% during the forecast period, owing to growing demand for dietary supplements in China and India. The propelling dairy industry in New Zealand, China, India, and other developing economies is likely to have positive impact on synbiotic products market. Robust manufacturing base for food & beverage manufacturers coupled with the continuous demand or prebiotics and probiotics in pet food offers potential opportunity to US manufacturers for synbiotic incorporation in pet dietary supplements.

Key Developments of Synbiotic Products Market

March 2018: A US-based probiotic specialist Viva 5 Corporation have entered into strategic licensing  partnership with NUtech Ventures to be the exclusive global distributor of an innovative new synbiotic. The product comprises of a proprietary human strain of Bifidobacterium adolescentis with a carefully selected galactooligosaccharide (GOS) prebiotic. The product will be available in capsule, tablet, stick pack, and powder delivery forms and can be utilized as a stand-alone product or combined with other compatible ingredients.

June 2018: Sabinsa Corporation released a study data for its synbiotic comprising of prebiotic -cranberry seed fiber and fenugreek and probiotic bacteria B. coagulans MTCC 5856 (granted GRAS status under the brand name LactoSpore®) to be effective formulation – supporting digestive health. This combination product is sold under the name LactoCran™, with the cranberry seed fiber components supplied by Fruit d'Or Nutraceuticals of Quebec, Canada.

Competitive Landscape of Synbiotic Products Market

Major Key Players are Groupe Danone, General Mills, Pfizer Inc., Sabinsa Corporation, Diamond V Mills, Inc., Biomin Inc., Probiotical S.p.A., BioImmersion Inc., UAS Laboratories Inc., and Chobani Inc. amongst others.

Reasons to Purchase Synbiotic Products Market Research Report

  • Analyzing outlook of the market with the recent trends and Porter’s five forces analysis
  • Market dynamics, which essentially consider the factors, which are impelling the present market scenario, along with growth opportunities of the market in the years to come
  • Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and non-economic aspects
  • Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market
  • Competitive landscape involving the market share of major players, along with the key strategies adopted for development in the past five years
  • Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
  • 3-month analyst supports, along with the Market Estimates sheet in excel

Customization of the Synbiotic Products Market Research Report

This report can be customized to meet your requirements. Please connect with our analyst, who will ensure you get a report that suits your needs.

1. Introduction                                                                                            

               1.1 Study Deliverables                                                                               

               1.2 Study Assumptions                                                                              

               1.3 Research Phases                                                                                  

               1.4 Scope of the Market                                                                           

2. Synbiotic Products Market Insights                                                                                                 

               2.1 Market Overview                                                                                 

               2.2 Market Trends                                                                                      

               2.3 Industry Attractiveness – Porter’s Five Forces Analysis                                                                           

                              2.3.1 Bargaining Power of Suppliers                                                                     

                              2.3.2 Bargaining Power of Consumers                                                                 

                              2.3.3 Threat of New Entrants                                                                  

                              2.3.4 Threat of Substitute Products                                                                       

                              2.3.5 Degree of Competition                                                                   

3. Synbiotic Products Market Dynamics                                                                                             

               3.1 Drivers                                                                                     

               3.2 Restraints                                                                               

               3.3 Opportunities                                                                                       

4. Synbiotic Products Market Segmentation                                                                                                    

               4.1 By Application                                                                                      

                              4.1.1 Food & Beverage                                                              

                              4.1.2 Pharmaceuticals                                                                

                              4.1.3 Animal Feed                                                                        

                              4.1.4 Others                                                                   

5. Synbiotic Products Regional Segmentation and Analysis (Market Size in USD million, 2015-2023)                                                                                              

               5.1 North America Synbiotic Products Market Size (2018 - 2023)                                                                               

                              5.1.1 US Synbiotic Products Market Size (2018 - 2023)                                                                   

                              5.1.2 Mexico Synbiotic Products Market Size (2018 - 2023)                                                                          

                              5.1.3 Canada Synbiotic Products Market Size (2018 - 2023)                                                                         

                              5.1.4 Rest of North America Synbiotic Products Market Size (2018 - 2023)                                                             

               5.2 Europe Synbiotic Products Market Size (2018 - 2023)                                                                              

                              5.2.1 UK Synbiotic Products Market Size (2018 - 2023)                                                                   

                              5.2.2 France Synbiotic Products Market Size (2018 - 2023)                                                            

                              5.2.3 Germany Synbiotic Products Market Size (2018 - 2023)                                                                       

                              5.2.4 Italy Synbiotic Products Market Size (2018 - 2023)                                                                

                              5.2.5 Rest of Europe Synbiotic Products Market Size (2018 - 2023)                                                            

               5.3 Asia Pacific Synbiotic Products Market Size (2018 - 2023)                                                                                     

                              5.3.1 India Synbiotic Products Market Size (2018 - 2023)                                                               

                              5.3.2 China Synbiotic Products Market Size (2018 - 2023)                                                              

                              5.3.3 Japan Synbiotic Products Market Size (2018 - 2023)                                                              

                              5.3.4 Australia Synbiotic Products Market Size (2018 - 2023)                                                                       

                              5.3.5 Rest of Asia-Pacific Synbiotic Products Market Size (2018 - 2023)                                                                   

               5.4 South America Synbiotic Products Market Size (2018 - 2023)                                                                               

                              5.4.1 Brazil Synbiotic Products Market Size (2018 - 2023)                                                              

                              5.4.2 Argentina Synbiotic Products Market Size (2018 - 2023)                                                                     

                              5.4.3 Rest of South America Synbiotic Products Market Size (2018 - 2023)                                                              

               5.5 Middle East & Africa (MEA) Synbiotic Products Market Size (2018 - 2023)                                                                                       

                              5.5.1 South Africa Synbiotic Products Market Size (2018 - 2023)                                                                 

                              5.5.2 UAE Synbiotic Products Market Size (2018 - 2023)                                                                

                              5.5.3 Rest of Middle East & Africa Synbiotic Products Market Size (2018 - 2023)                                                                          

6. Synbiotic Products Competitive Landscape                                                                                                  

               6.1 Most Active Companies                                                                                    

               6.2 Most adopted Strategies                                                                                  

               6.3 Market Share Analysis                                                                                       

7. Company Profiles                                                                                                  

               7.1 Pfizer Inc.                                                                               

               7.2 Diamond V Mills, Inc.                                                                                         

               7.3 Biomin Inc.                                                                             

               7.4 Regular Girl                                                                            

               7.5 Probiotical S.p.A.                                                                                 

               7.6 Seed Health, Inc                                                                                   

               7.7 BioImmersion Inc.                                                                               

               7.8 Nature Advanced                                                                                 

               7.9 UAS Laboratories Inc.                                                                                        

               7.10 Chobani Inc.                                                                                       

               7.11 Danone Groupe                                                                                 

               7.12 Healthy Dairy                                                                                      

               7.13 General Mills                                                                                      

               7.14 Turtle Mountain Corporation                                                                                       

               7.15 Sabinsa Corporation                                                                                        

               7.16 Daflorn Ltd                                                                           

8. Appendix                                                                                                  

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