Synbiotics Revolution: Market Analysis and Effects Report on Analysis 2030

Global Synbiotics Market Forecast to 2030

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.

The intensive primary and secondary research, as well as the qualitative and quantitative analysis of important market segments, led to the creation of the Synbiotics Market study. Business professionals have additionally endorsed and confirmed the clever knowledge. The purpose of the report is to offer more information on the lead-free piezoelectric ceramic material industry's overall market environment.

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.

The leading market contenders listed in the report are:

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.

Research Report on the Synbiotics Market Addresses the Following Key Questions:

Who are the dominant players of the Synbiotics market?
Which regional market is anticipated to have a high growth rate over the projected period?
What consumer trends and demands are expected to influence the operations of the market players in the Synbiotics market?
What are the key growth drivers and restraining factors of the Synbiotics market?
What are the expansion plans and strategic investment plans undertaken by the players to gain a robust footing in the market?
What is the overall impact of the COVID-19 pandemic on the Synbiotics market and its key segments?

Market Overview:

The report bifurcates the Synbiotics market on the basis of different product types, applications, end-user industries, and key regions of the world where the market has already established its presence. The report accurately offers insights into the supply-demand ratio and production and consumption volume of each segment.

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

Regional Landscape section of the Synbiotics report offers deeper insights into the regulatory framework, current and emerging market trends, production and consumption patterns, supply and demand dynamics, import/export, and presence of major players in each region.

The various regions analyzed in the report include:

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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Some Key Highlights From the Report

In 2021, the powdered segment accounted for a significant market share. One of the major factors driving revenue growth of market is availability of a high amount of fiber, which aids in digestion and blood sugar regulation. Powdered goods are very effective in treatment of Inflammatory Bowel Diseases (IBD) and lactose intolerance, since they allow for appropriate digestion. According to a research, IBD cases accounted to 396 per 100,000 individuals annually.
The food beverages segment accounted for largest revenue share in 2021 owing to provision of better nutrient absorption, aiding in better digestion, and helping in weight management. Increase in development and manufacturing of nutritional supplements with enhanced nutritional value by major companies is driving revenue growth of the market. In addition, increasing demand for functional food for immunity health, digestive health and cardio health along with growing consumer awareness is a major factor driving growth of this segment.
The indirect segment accounted for a significant revenue share in 2021. Provision of high visibility of products on various retail and pharmacy outlets enabling easy access is one of the major factors driving revenue growth of this segment. In addition, growing number of retailers is also contributing to market growth.
The Europe market accounted for largest revenue share in 2021. Rising consumer awareness for synbiotics in addition to availability and high visibility of products is a major factor driving revenue growth of the market. Additionally, increasing disposable income and shifting preference for nutritional supplement with food consumption are increasing demand for functional foods beverages.

The section on the competitive landscape offers valuable and actionable insights related to the business sphere of the Synbiotics market, covering extensive profiling of the key market players. The report offers information about market share, product portfolio, pricing analysis, and strategic alliances such as mergers and acquisitions, joint ventures, collaborations, partnerships, product launches and brand promotions, among others. The report also discusses the initiatives taken by the key companies to combat the impact of the COVID-19 pandemic.

Key Points of the Geographical Analysis:

Data and information related to the consumption rate in each region
Estimated increase in the consumption rate
Proposed growth of the market share of each region
Geographical contribution to market revenue
Expected growth rate of the regional markets

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