Lactobacillus Acidophilus Probiotic Market: How The Market Will Witness Significant Growth In The Years To Come | DuPont Nutrition (International Flavors and Fragrances Inc.)
Probiotics are live microorganisms that improve health when taken orally or topically. Probiotics are mainly found in beauty products, dietary supplements, fermented products, and yogurt. Bacteria and microorganisms should not only be listed as harmful, they are also beneficial. Some bacteria help digest food, cause the breakdown of disease-causing cells, and also produce vitamins. Probiotic microorganisms are similar to those found naturally in the human body. The most common microorganisms of probiotics are Bifidobacterium and Lactobacillus.
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The global lactobacillus acidophilus probiotic market is estimated to be worth $1,499.7 million in 2022, with an 8.0% CAGR during the forecast period (2022-2030).
Global Lactobacillus Acidophilus Probiotic Market – Drivers
The growing number of nonprofits promoting the use of probiotics is likely to increase the worldwide lactobacillus acidophilus probiotic market. For example, on August 24, 2022, SRM University and the Nonprofit Probiotic Science Foundation (India) held the first “Probiotic Awareness Day” at Sonipat to raise awareness of the health benefits of probiotics.
Furthermore, an increase in the incidence of gastrointestinal diseases is likely to fuel the lactobacillus acidophilus probiotic market over the forecast period. For example, according to an article by the National Library of Medicine titled “The Burden and Cost of Gastrointestinal, Liver and Pancreatic Diseases in the UK,” more than 36.8 million cases of gastrointestinal problems and 43.4 million outpatient examinations were performed for primary gastrointestinal diagnosis in 2020. . States.” There were over 3.8 million hospitalizations and 403,699 readmissions for primary gastrointestinal diagnosis. Gastrointestinal disorders are responsible for millions of healthcare contacts and thousands of deaths costing billions of dollars each year in the United States.
COVID-19 has had three main impacts on the economy: directly impacting the production and demand for drugs and vaccines, disrupting distribution routes, and financially impacting businesses and financial institutions. Many countries, including India, China, Egypt, Saudi Arabia, the United Arab Emirates and others, have had difficulties moving drugs and vaccines from one location to another as a result of the nationwide lockdowns.
On the other hand, COVID-19 has had a positive impact on the worldwide lactobacillus acidophilus probiotic market as the need for immune-boosting foods and supplements has increased. Probiotics are renowned for their immune-boosting qualities, as they promote the body’s natural synthesis of antibodies while also providing powerful protection against gastrointestinal infections.
Global Lactobacillus Acidophilus Probiotic Market: Key Advances
French-based global food products company Danone, headquartered in Paris, announced in March 2018 that it had entered into a strategic agreement with Japanese sugary probiotic milk beverage company Yakult to close Danone’s 14% stake in Yakult for $1.48 billion. Such collaboration will stimulate research and activities to develop strains with high performance efficacy and low side effects, thereby accelerating the growth of the lactobacillus acidophilus probiotic industry.
Global Lactobacillus Acidophilus Probiotic Market: Restriction
The lack of proper regulation of the probiotic industry is predicted to hinder global expansion. In addition, probiotics need appropriate storage facilities as they are very sensitive organisms that can be rapidly weakened by many environmental variables. Also, most probiotics are unstable at room temperature. All these obstacles are expected to hinder market expansion.
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Global Lactobacillus Acidophilus Probiotic Market – Key Players
Fido Pharmaceuticals Pvt. Ltd., Lallemand Inc., nestle, Meteoric Biopharmaceuticals Pvt. Ltd., Nebraska Cultures, Chr Hansen Holding A/S, Biena Inc., BIOPROX and DuPont Nutrition (International Flavors & Fragrances Inc.) Lactobacillus acidophilus is a major participant in the probiotic industry worldwide.
Contents
- Research Objectives and Assumptions
- Research Objectives
- assumptions
- abbreviations
- Market Purpose
- Report description
- Market Definition and Scope
- Executive Summary
- Market Snapshot by Form
- Market Snapshot by Application
- Market Snapshot by Distribution Channel
- Market Snapshot by Region
- Consistent Opportunity Map (COM)
- Report description
- Market Dynamics, Legislation and Trend Analysis
- Market Dynamics
- drivers
- limitations
- Market Opportunities
- Impact analysis
- market trends
- Recent developments
- Acquisitions and Partnerships Scenario
- Technology Overview
- Editorial Script
- PEST Analysis
- Market Dynamics
- Global Lactobacillus Acidophilus Probiotic Market – Impact of Coronavirus (Covid-19) Pandemic
- Overall Impact
- Impact on Supply and Demand
- COVID-19 Impact on the Market
- Global Lactobacillus Acidophilus Probiotic Market, By Form, 2017 – 2030, (Million USD)
- overview
- Market Share Analysis, 2022 and 2030 (%)
- Annual Growth Analysis, 2017 – 2030
- Segment Trends
- Durable
- overview
- Market Size and Forecast and Annual Growth, 2017–2030, (Million USD)
- Liquid
- overview
- Market Size and Forecast and Annual Growth, 2017–2030, (Million USD)
- overview
- Global Lactobacillus Acidophilus Probiotic Market, By Application, 2017 – 2030, (USD Million)
- overview
- Market Share Analysis, 2022 and 2030 (%)
- Annual Growth Analysis, 2017 – 2030
- Segment Trends
- Food and drinks
- overview
- Market Size and Forecast and Annual Growth, 2017–2030, (Million USD)
- dietary supplements
- overview
- Market Size and Forecast and Annual Growth, 2017–2030, (Million USD)
- animal feed
- overview
- Market Size and Forecast and Annual Growth, 2017–2030, (Million USD)
- Medicines
- overview
- Market Size and Forecast and Annual Growth, 2017–2030, (Million USD)
- Others
- overview
- Market Size and Forecast and Annual Growth, 2017–2030, (Million USD)
- overview
- Global Lactobacillus Acidophilus Probiotic Market by Distribution Channel, 2017 – 2030, (USD Million)
- overview
- Market Share Analysis, 2022 and 2030 (%)
- Annual Growth Analysis, 2017 – 2030
- Segment Trends
- Online Pharmacy
- overview
- Market Size and Forecast and Annual Growth, 2017–2030, (Million USD)
- Retail Pharmacy
- overview
- Market Size and Forecast and Annual Growth, 2017–2030, (Million USD)
- hospital pharmacy
- overview
- Market Size and Forecast and Annual Growth, 2017–2030, (Million USD)
- Supermarket/Hypermarket
- overview
- Market Size and Forecast and Annual Growth, 2017–2030, (Million USD)
- overview
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