The global synbiotic products market is projected to register CAGR of 9.8% during the forecast period 2018 to 2023, while Asia-Pacific synbiotic products market is expected to register CAGR of 8.5% during the forecast period.
Synbiotic Products Market Latest Developments
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, Synbiotics proved to be an ideal innovation to be employed by manufacturers as their fortification in food & beverage products is two-in-one formulation. The regulations associated with the amount/dosage of synbiotic added in the final product is likely to be a challenge for manufacturers.
Synbiotic Products Market Insights
By Region, Europe accounted for highest share followed by North America, Asia-Pacific and others in 2017. The Asia Pacific synbiotic products market is expected to witness the strong growth rate of 8.5% during the forecast period, owing to growing demand for dietary supplements in China and India. Robust manufacturing base for food & beverage manufacturers coupled with the continuous demand or prebiotics and probiotics in pet food offers a potential opportunity to US manufacturers for synbiotic incorporation in pet dietary supplements.
The major segmentation in the report includes the market estimates by Application such as food & beverage. The report provides an in-depth analysis of the synbiotic products market across different geographical regions viz. North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa along with further country-wise segmentation.
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Major Players in the Synbiotic Products Market
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