|[December 20, 2013]
Research and Markets: Global Probiotics Products Market 2014-2018: Ireland is One of the Leading Countries Pursuing Research in Probiotics
DUBLIN --(Business Wire)--
Research and Markets (http://www.researchandmarkets.com/research/cghf24/global_probiotics)
has announced the addition of the "Global
Probiotics Products Market 2014-2018" report to their offering.
The analysts forecast the Global Probiotics market to grow at a CAGR of
7.23 percent over the period 2013-2018. One of the key factors
contributing to this market growth is the increasing awareness about
probiotic products. The Global Probiotics market has also been
witnessing the increase in R&D activities. However, government
regulation could pose a challenge to the growth of this market.
The key vendors dominating this market space are Danisco A/S, Danone
S.A., Nestlé SA, and Yakult Honsha Co. Ltd.
Other vendors mentioned in the report are Arla Foods Inc., BioGaia AB,
Chr. Hansen A/S, Clover Industries Ltd., Fonterra Co-operative Group
Lt., Ganeden Biotech plc, General Mills Inc., Institut
Rosell-Lallemand, Lifeway Foods Inc., Probi AB, Royal DSM (News - Alert) N.V., and
Seven Seas Ireland Ltd.
Commenting on the report, an analyst from the team said: R&D activities
are critical for vendors in the Global Probiotic Products market as they
enable them to develop new products and technologies for the production
of probiotic products. An increase in R&D activities has led to an
increase in applications of new strains of probiotics and the demand for
probiotic products. Ireland is one of the leading countries that pursues
research in probiotics. Also, vendors such as Danone and Yakult heavily
invest in R&D activities for probiotics. These two vendors together
established the Global Probiotics Council in 2004 to create awareness,
develop new products, and collaborate with government bodies with regard
to probiotics. Thus, the increase in R&D activities is expected to open
up new avenues for the growth of the Global Probiotic Products market
during the forecast period.
According to the report, one of the major drivers in the market is the
increasing awareness about probiotic products among consumers across the
world. Awareness about the benefits provided by probiotics to humans and
animals is increasing, in turn creating a favorable demand for probiotic
Further, the report states that one of the major challenges hindering
the growth of the market is the increasing government regulations
regarding production, distribution, and marketing of probiotic products
in many countries such as the US.
For more information visit http://www.researchandmarkets.com/research/cghf24/global_probiotics
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