Probiotics market to reach $46.55bn by 2020

Source：Ringier Food Release Date：2015-08-17 126

Food & Beverage

Demand catches on in Asia-Pacific where consumers are using these ingredients, mostly for bakery and confectionery, according to new research

DEMAND for fortified and functional foods is a boon to probiotic ingredients manufacturers. And with breakthroughs in food technology, the requirement for probiotic ingredients is growing significantly.

The market for probiotic ingredients is estimated to reach USD 46.55 billion by 2020 growing at CAGR of 7%, according to the latest report from research firm MarketsandMarkets.

While Europe stands as the largest market in 2015, Asia-Pacific is the fastest-growing for these ingredients, which are mostly absorbed by the bakery & confectionery industry. In this region, India and China remain the major consumers of probiotic ingredients.

To know more about this industry access the report, “Probiotic Ingredients Market by Function (Regular, Preventative, Therapy), Application (Food & Beverage, Dietary Supplements, & Animal Feed, End Use (Human & Animal Probiotics), Ingredient (Bacteria & Yeast) and by Region - Global Trends & Forecast to 2020, go to http://www.marketsandmarkets.com/pdfdownload.asp?id=69.

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