Hyderabad, India -- (SBWire) -- 02/01/2018 --According to a new market research report "Probiotic dietary supplements Market By Type (Sports Supplements, Food Supplements, Infant Formula, Nutrition Supplements And Specialty Nutrients) - Global Forecast to 2022", published by MarketDataForecast™, the market is expected to reach USD 5.09 Billion by 2022 from USD 3.54 Billion in 2016, at a CAGR of 7.9%. Factors driving the growth of this market include Excessive use of antibiotics in everyday life has resulted in the increase in demand for probiotic supplements. Increasing digestive disorders in infants and adults, high emphasis on research and technological advancements has aided the Probiotic dietary supplements market.
Browse Market Data Tables and Figures spread through 175 Pages and in-depth TOC on "Probiotic dietary supplements Market"
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Excessive use of antibiotics has led to autoimmune in pathogenic also it damages the gut flora in small intestine which is a very important constituent for digestion process. Here probiotics comes to play by helping in metabolism process and enhance the nutrients absorption process without damaging the gut flora.
Specialty nutrients are estimated to account for the largest market share in 2016
By type, the Probiotic dietary supplements Market are classified Food supplements, Sports Supplements, Infant formula, Nutritional Supplements, Specialty Nutrients and others. The Specialty nutrients segment is expected to lead the global Probiotic dietary supplements Market in 2016. Factors driving the growth of this segment include the high availability of these products and enhanced immune system due to their consumption.
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Infant Formula is the fastest growing segment as these products are very much suited to the dietary and nutritional needs of an infant and also because it is available in powder and liquid forms according to customer needs.
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Based on region, the Probiotic dietary supplements Market is segmented into North America, Europe, Asia, and Rest of the World (RoW). Europe is expected to dominate the Probiotic dietary supplements Market in 2016. This is attributed to factors such as accessibility to advanced technologies and the high adoption rate of innovative products in this region. Whereas, Asia pacific is having the fastest growth rate compared to other regions.
Key players in the Probiotic dietary supplements Market include NutraScience Labs, Probium LLC, Deerland Enzymes, Chr. Hansen Holding A/S, ProbioFerm, BioCare Copenhagen, Custom Probiotics, Inc., Contract NUTRA, Mercola Probiotics and Bifodan.
The scope of the report provides:
The evaluation of the current market for your product or services and the future implications of the market
Addresses the opportunities by better understanding the market through size estimates and growth rate analysis to forecast the market for the future
Extensive segmentation to understand the dynamics of market at a very granular level by splitting down the market to the smallest segment
Addresses the key market dynamics involving the drivers, restraints and challenges with an aim of providing insights for gaining market share
The factors responsible for the shaping of the industry as it is as a result of competitive environment is analyzed through Porter's Five Forces
The effects of political, economic, social, technological, legal and environmental factors on the industry is analyzed through PESTLE analysis to better understand the aspects of strategic management required to comply with the exogenous and endogenous factors
Strategic evaluation of the key players to gain insights of their performance allowing access to their product portfolio, financial performance and the strengths of their business strategic developments
Comparative study of the firms across the industry measuring their performances based on market share and recent activities in order to achieve competitive intelligence
Equip you with the information providing with the investment opportunities in the industry
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