China Probiotics Market by Ingredient (Bacteria and Yeast), Product Type (Functional Food & Beverages, Dietary Supplements, and Feed), End User (Human and Animal), Distribution Channel, and Region - Global Forecast to 2027

Northbrook, IL 60062 -- (SBWire) -- 07/17/2023 --According to a research report titled "China Probiotics Market by Ingredient (Bacteria and Yeast), Product Type (Functional Food & Beverages, Dietary Supplements, and Feed), End User (Human and Animal), Distribution Channel, and Region - Global Forecast to 2027" published by MarketsandMarkets, the probiotics market in China is projected to grow at a Compound Annual Growth Rate (CAGR) of 8.8% from 2022 to 2027.

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The market is being stimulated by the high sales potential of probiotics. China's expanding middle class and growing health consciousness have resulted in significant demand for probiotic products, especially fermented dairy products, beverages, and healthy foods. The Chinese government's focus on promoting a healthy lifestyle and functional foods has further fueled the growth of the probiotics market.

In urban areas where busy and stressful lifestyles are prevalent, there has been a surge in demand for probiotics as consumers seek natural solutions to counteract the negative effects of modern living. Probiotics, known for their potential to improve digestive health and boost immunity, have become popular among urban dwellers. Major industry players are introducing innovative offerings such as ready-to-market probiotic drink powders to cater to this growing market, replacing traditional dairy products.

International companies have formed strategic partnerships to establish their presence in China's probiotics market. For example, Probi, a leading probiotics company from Sweden, partnered with Sinopharm, one of China's largest pharmaceutical and healthcare companies, to launch probiotic supplements targeting immune health, bone health, and iron absorption. Japan's Morishita Jintan entered the Chinese market through a partnership with Sinopharm Xingsha Pharmaceutical, introducing its popular probiotic brand 'Bifina.' The animal probiotics segment has also witnessed growth in China, driven by the increasing use of probiotic feed additives to enhance production and meet the rising demand for meat.

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Consequently, China's significant sales potential, along with rising health consciousness, government support, urbanization, and a growing middle class, presents significant opportunities for companies operating in the probiotics industry.

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