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$XX Billion Market for Probiotics

By Published On: May 29, 20244.5 min readViews: 2510 Comments on $XX Billion Market for Probiotics

Gluten-Free Probiotics Market worth USD 82.83 billion by the year 2030-Exclusive Report by InsightAce AnalyticThe newly published report titled “Global Gluten-Free Probiotics Market By (Type (Bifidobacterium, Lactobacillus and Other), Application ( Food & Beverage, Drugs, Dietary Supplements and Others))- Trends, Industry Competition Analysis, Covid-19 Analysis, Revenue (US$ Billions) and Forecast Till 2030.” of InsightAce Analytic Pvt. Ltd. features detailed industry analysis and an extensive study on the market, exploring its significant factors.

The global Gluten-Free Probiotics market is estimated to reach over USD 82.83 billion by 2030, exhibiting a CAGR of 6.06% during the forecast period.

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Probiotics free of gluten are microorganisms, such as yeast and bacteria, that promote gut flora’s health in humans and animals. Ensuring a healthy digestive system function, the gluten-free probiotic component supports the body’s natural digestive juices and enzymes. They can be taken orally or as a supplement.

They fortify human immunity to infection, shield proteins and lipids from oxidation, and prevent cell damage. One of the main elements driving market expansion is the growing consumer desire for natural goods. The ever-increasing consumer interest in preventative healthcare and the health benefits of probiotic bacteria devoid of gluten is driving market expansion. The need for gluten-free probiotics has increased due to the growing popularity of functional foods, which provide vital nutrients and may also improve health. The increase in health concerns has slightly impacted the market for gluten-free probiotics, but it is expected to expand shortly.

To stay competitive and meet market expectations, corporations now have R&D centres. Significant R&D investments are expected to improve the quality of products containing gluten-free probiotics in the future. The growth of the food and beverage industry due to increased consumer spending and encouraging government regulations is expected to be a significant factor propelling the market for gluten-free probiotics.

List of Prominent Players in the Gluten-Free Probiotics Market:

Sabinsa

Greentech

Biosearch Life

UAS Laboratories

Synbiotech

DuPont (Danisco)

Chr. Hansen

Lallemand

China-Biotics

Nestle

Danone

Probi

BioGaia

Yakult

Novozymes

Glory Biotech

Ganeden

Morinaga Milk Industry

Market Dynamics:

Drivers-

The expansion of the gluten-free probiotics market is anticipated to benefit from the rising amount of money that influential companies are investing in the research and development of novel products. The consumer’s increasing awareness of these items and their implications beyond digestive health is expected to cause the product demand to rise at a more moderate rate.

Market participants are being driven by the burgeoning demand for this product to diversify their product offerings and distribution channels to broaden their customer bases and market penetration. The businesses are actively concentrating on mergers and acquisitions to diversify their customer offerings and product portfolio.

Challenges:

Live bacteria are known as probiotics, and products that include them rely entirely on the growth and secretion of probiotic living organisms. It is anticipated that the manufacture of a particular batch will be hampered by the danger of contamination of these products by undesirable bacteria with high toxicity. Furthermore, the high cost of developing novel bacterial strains is anticipated to restrain market expansion further.

Regional Trends:

The Asia PacificGluten-Free Probiotics market is expected to register a major market share in revenue and is projected to grow at a high CAGR shortly. The region is experiencing a significant increase in consumer awareness due to the global players’ aggressive competitive strategies. Strong demand from nations like Australia, China, and India is boosting global growth. The growing regional market is also anticipated to be supported by the rising population, rising disposable income, and rising living standards. Besides, North America has a substantial share of the Gluten-Free Probiotics market.

Manufacturers’ ongoing investments in pharmaceutical, food, beverage and other sectors are predicted to support regional market expansion. The regional players are spending money on research and development to create new items that will appeal to customers of various ages and genders. Throughout the projected period, these factors are anticipated to boost market expansion.

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Recent Developments:

• In April 2020, Chr. Hansen Inc. announced opening an online probiotic platform in the US market based on science. The new online resource aims to inform patients, and medical professionals about the advantages of probiotics made without gluten.

Segmentation of Gluten-Free Probiotics Market-

By Type-

• Bifidobacterium

• Lactobacillus

• Other

By Application-

• Food & Beverage

• Drugs

• Dietary Supplements

• Others

By Region-

North America-

• The US

• Canada

• Mexico

Europe-

• Germany

• The UK

• France

• Italy

• Spain

• Rest of Europe

Asia-Pacific-

• China

• Japan

• India

• South Korea

• South East Asia

• Rest of Asia Pacific

Latin America-

• Brazil

• Argentina

• Rest of Latin America

Middle East & Africa-

• GCC Countries

• South Africa

• Rest of Middle East and Africa

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This release was published on openPR.


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