Food additives and dietary supplements Synbiotics Market are those that include both prebiotics and probiotics. They are mostly used to promote gut health and gastro intestinal behavior. Synbiotics offer a wide range of possible applications due to their nutritional advantages, including food and beverage, nutraceuticals, and pharmaceuticals.
During the forecast period, the synbiotics market is estimated to develop at a CAGR of 9.3%. Several companies with increasing food and beverage production bases, as well as the growing popularity of functional foods in markets such as the United States, Europe, Asia Pacific, Brazil, and South Africa, are likely to have a favorable impact on the future growth of the synbiotics industry.
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The need for probiotics and prebiotics in functional foods and beverages is increasing. Growing buyer health consciousness in the direction of nutritional supplements is predicted to play a significant influence in boosting synbiotics market expansion over the next ten years. Synbiotics have an important role in the prevention of osteoporosis, anti-allergic effects, risk reduction of cardiovascular and carcinogenic illnesses, and lactose intolerance.
Manufacturers in the food and beverage and other sectors are expanding the inclusion of functional ingredients like probiotics, prebiotics, and synbiotics in their product offerings to provide nutritional enrichment and other health advantages.
Competitive Landscape:
The research report provides an in-depth analysis of the Synbiotics market, including analytical insights, facts, historical data, and statistically backed and industry validated market data. It also offers estimates based on the appropriate assumptions and methodology. The Synbiotics research report includes analysis and information based on market segments such as regions, grade type, application, and end-use industry.
Key Players:
- Viva 5 Coorporation
- Sabinsa Coorporation
- Groupe Danone
- USA Laboratories Inc
- Biomin Incorporated
- Daflorn MLM5 Limited
- Skystone Feed Coperative Limited
- New Leaf
- Yakult Pharmaceuticals
- Hansen
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Regional Analysis:
Due to the rise of the dairy sector in China, India, and New Zealand, Asia Pacific is predicted to be one of the most promising markets for synbiotics throughout the forecasted period. In 2014, the European Food Safety Authority lowered the top limits for the use of protein and other supplements such as synbiotics in baby food fortification, which is predicted to have a negative impact on the market.
The growing dairy sector in New Zealand, China, India, and other emerging countries is benefiting the synbiotics business. Positive outlooks on the food and beverage industries in Brazil and South Africa due to rising domestic consumption are likely to drive synergistic market demand throughout the forecasted period.
Key Segments of Industry:
- On the basis of Product Packaging Material:
- Paper
- Metals
- Glass
- Plastics
- Paperboard
- Others
- On the basis of Distribution Channel:
- Store based
- Non Store based
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