SOURCE: MarketResearch.com

MarketResearch.com

July 12, 2011 10:08 ET

Probiotics Market to Reach $31 Billion by 2015

ROCKVILLE, MD--(Marketwire - Jul 12, 2011) - MarketResearch.com has announced the addition of the new report "The Probiotics Market: Ingredients, Supplements, Foods" to their collection of Additives & Supplements market reports. For more information, visit http://www.marketresearch.com/product/display.asp?ProductID=6443942

Probiotics continue to attract considerable interest in both the business and scientific communities. However, the manufacture and applications of probiotics ingredients remain a niche market. Companies with the right mix of access to proprietary probiotic strains, appropriate processing technologies and distribution networks dominate the industry. The publisher examines the factors underlying past performance and identifies areas that are important for future commercial opportunities in the industry.

Global sales of probiotic ingredients, supplements, and foods amounted to $21.6 billion in 2010 and are expected to reach $31.1 billion by 2015 with a CAGR of 7.6% for the next 5-year period.

Probiotic foods accounted for the largest share (90.1%) of total sales. It was $19.6 billion in the year 2010 and is expected to reach $28.1 billion by 2015 with a CAGR of 7.5%.

Probiotic supplements accounted for the second largest share (6.4%) of total sales. It was $1.3 billion in the year 2010 and is expected to reach $2.07 billion by 2015 with a CAGR of 9.6%.

Both primary and secondary research methodologies were used in preparing this market research report. This report is the result of extensive research covering materials from diverse sources. The publisher surveyed numerous government, scientific and industry publications on probiotics to develop a qualitative and quantitative analytical framework for the findings documented in this report. Communications with various government and industry experts provided supplemental information on various aspects of the study. Data from the global investment community depict industry performance and outlook as well as validate other third party data. The report provides details of the assumptions used for developing the market projections.

For more information, visit http://www.marketresearch.com/product/display.asp?ProductID=6443942

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