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The Probiotics Market: Ingredients, Supplements, Foods

Probiotic ingredients & supplements market forecast to increase by 6.2% CAGR during 2013 to 2018

The global market of probiotic ingredients, supplements, and foods reached nearly $23.1 billion in 2012. This market is expected to grow to nearly $27.1 billion in 2013 and $36.7 billion in 2018 with a compound annual growth rate (CAGR) of 6.2% over the five-year period from 2013 to 2018.

Probiotic foods as a segment is expected to reach nearly $25.1 billion in 2013. It is further projected to grow to $33.5 billion in 2018 with a CAGR of 6.0% over the five-year period from 2013 to 2018.

Probiotic supplements as a segment is expected to reach nearly $1.2 billion in 2013. It is further projected to grow to $2.0 billion in 2018 with a CAGR of 11.5% over the five-year period from 2013 to 2018.

The global market for probiotic ingredients, supplements, and foods is expected to grow to $36.7 billion by 2018, with a five-year compound annual growth rate (CAGR) of 6.2%. The supplements category, the fastest growing segment, is expected to register a significant CAGR of 11.5%.

Probiotics are used in the manufacture of dietary supplements that are sold in the form of capsules, tablets, powders, topical pastes and gels for human use as well as in animal feed for pets and farm animals. The foods category, by far the largest segment in the overall market is expected to reach $33.5 billion by 2018, and register a CAGR of 6%.
However, the supplements segment, which was valued at nearly $1.2 billion in 2013, is projected to jump to $2 billion in 2018.

Companies with the right mix of access to proprietary probiotic strains, appropriate processing technologies and distribution networks dominate the industry, and are successfully expanding the range of probiotic-enhanced products globally. However, as probiotics go mainstream, regulatory oversight is tightening, as exemplified by the situation in the European Union.

Probiotics continue to attract considerable interest among a broad base of stakeholders, including scientists, manufacturers, regulatory authorities, and diverse professional groups.

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