Emergen Research's latest market research report, titled Global Synbiotics Market, provides estimated market size and shares, latest industry trends, global market growth rates, key drivers and opportunities, constraints, product segmentation, and major market players. Cost structure, market size, competitive landscape, product portfolio and specifications, and company profiles.
This report is a fair prototype of the Synbiotics-industry containing an in-depth study of the global Synbiotics market. This report serves as a valuable source of data and information related to this industry. It covers various industry aspects with a particular focus on market scope and application areas. The report identifies the fundamental business strategies adopted by industry experts and offers an insightful study on the value chains and distribution channels of the global market. The report authors have also analyzed current industry trends, growth potential, current overview, and market limitations.
The global synbiotics market size was USD 817.2 Million in 2021 and is expected to register a revenue CAGR of 8.3% during the forecast period, according to latest analysis by Emergen Research. Growing health awareness among consumers towards nutritional supplements and provision of various health benefits of synbiotics is a key factor driving market revenue growth.
Rapid urbanization and time-constraint lifestyle are leading consumers to favor quick and fast food choices instead of home-cooked balanced meals, thereby decreasing quality of food intake. In addition, growing intake of unhealthy food owing to increase in fast food franchises and convenience stores is another major factor increasing demand for synbiotic products. Consumption of synbiotics provides various nutritional and health benefits such as weight loss, stronger immune system, improved heart and digestive health, diarrhea control, pro-carcinogen neutralization, effective against constipation, decreased stress tolerance, and decreased inflammation, which is causing a surge in demand from pharmaceutical, nutraceutical, and food manufacturers. According to National Institute of Diabetes and Digestive and Kidney Diseases (NIDDK) 16 out of 100 adult individuals and about 33 out of 100 adult individuals of 60 and above years old have symptoms of constipation.
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Competitive Terrain:
The global Synbiotics industry is highly consolidated owing to the presence of renowned companies operating across several international and local segments of the market. These players dominate the industry in terms of their strong geographical reach and a large number of production facilities. The companies are intensely competitive against one another and excel in their individual technological capabilities, as well as product development, innovation, and product pricing strategies.
Companies profiled in the global Synbiotics market:
Daflon Probiotics, Danone, Sabinsa, Yakult Pharmaceutical Industry Co., Ltd., Probiotical S.p.A., Pfizer Inc., Synbiotic Health, United Naturals, Chr. Hansen Holding A/S, and NUtech Ventures.
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Key Parameters Analyzed in This Section:
Company Profiles
Gross Revenue
Profit margins
Product sales trends
Product pricing
Industry Analysis
Sales & distribution channels
The report also covers the scope of individual applications and types in each region. The report also covers details about production and consumption patterns, technological developments, revenue growth, market size, market share, key trends and demands influencing market growth in the region, and robust presence of key players in the region.
Segments Covered in this report are:
-
Form Outlook (Revenue, USD Million; 2019-2030)
- Powdered
- Liquid
-
Application Outlook (Revenue, USD Million; 2019-2030)
- Food & Beverages
- Dairy
- Pharmaceuticals
- Aquaculture farming
-
Distribution Channel Outlook (Revenue, USD Million; 2019-2030)
- Indirect
- Direct
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Key reasons to buy the Global Synbiotics Market report:
The latest report comprehensively studies the global Synbiotics market size and provides useful inference on numerous aspects of the market, such as the current business trends, market share, product offerings, and product share.
The report offers an insightful analysis of the regional outlook of the market.
It offers a detailed account of the end-use applications of the products & services offered by this industry.
The report holistically covers the latest developments taking place in this industry. Therefore, it lists the most effective business strategies implemented by the market rivals for ideal business expansion.
Regional Analysis Covers:
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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