Synbiotics Market Growth Statistics:

From 2022 through 2029, the MMR researchGlobal Synbiotics Marketexplores the market in full. According to a detailed assessment of the commercial effects of the coronavirus outbreak and the resulting economic crisis, Synbiotics Market size was valued at US$ 902.71 Mn. in 2022 and the total revenue is expected to grow at 7.8% through 2023 to 2029, reaching nearly US$ 1527.1 Mn.

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SynbioticsMarket Size :

The research report on the global Synbiotics Market includes significant data and analytical insights with the goal of providing a thorough understanding of various aspects including market size, market share, growth trends, demand, top players, industry profiles, opportunities, value cycle, end-users, types, and applications. The research also examines prospective investment prospects in micro markets and offers a thorough analysis of the competitive landscape, including the product offerings of important rivals.

The Synbiotics market study assists decision-makers in identifying market segments, geographic areas, and other elements that are anticipated to see faster growth rates, as well as key areas of opportunity, by presenting both qualitative and quantitative data. Making wise choices about market strategies and investments requires access to this information.

Leading Market Players: -

SynBiotic SE, Probiotical S.p.A., Seed Health, Inc., Sabinsa Corporation, Ajinomoto Co., Inc., Bio Pak Nutraceuticals Manufacturing Ltd., Bellavie SPRL, Malyas LLC, AZMABIOTEC Ltd., Daflorn, Chr. Hansen, Skystone Feed, Newleaf, Behn Meyer, Pfizer, Inc., Yakult Pharmaceuticals

These important companies in the international Synbiotics Market industry are thoroughly examined in the report. To grow their market share and maintain dominating positions in various geographies, these businesses have implemented a variety of strategies, including new product releases, collaborations, expansion, joint ventures, agreements, and others. The study is significant in that it highlights company performance, operating segments, product portfolio, and strategic actions made by market participants to illustrate the competitive environment.

What isSynbiotics MarketSegmentation:

by Source

Organic
Conventional

From Source, It is anticipated that from 2022 to 2029, Organic Sources will continue to be the primary raw material used to manufacture Synbiotics due to the growing demand for food products made from plants and animals. In 2019, the usage of conventional sources for the production of synbiotics increased by 1.6% as a result of the food and beverage sector's increased use of processed and synthetic products.

by Type

Bifidobacteria
FOS
Inulins
GOS
Polyphenol

By Kind, Because they are made from plants and include dietary fibres, inulins are a highly sought-after substance. The Food Beverages industry will demand 1.8% more inulin from 2019 to 2020 as a result of the growing demand for items that enhance the nutritional content of food products. After being approved for dietary use by the EFSA in 2019, polyphenol derived from cocoa and olive oil saw a 2.3% increase in demand due to the existence of characteristics that promote extensive metabolism in the intestine and liver.

The nutraceutical and pharmaceutical industries' demand for bifidobacteria increased by 2.1% from 2018 to 2020 due to the presence of traits that provide a pathway to ferment carbohydrates and concentrate on oligosaccharide metabolism.

by Application

Dietary Products
Breakfast Cereals
OTC Food Products
Infant Nutrition Products
Beverages
Others

Through application, Dietary Products are expected to continue to be the key consumer of Synbiotics from 2022 through 2029 because to the growing demand for dietary products that aid in implantation of probiotics in the digestive system. The market for Synbiotics for the production of Functional beverages is expected to increase by 2.4% in 2020 due to the rising demand for plant-based beverages that aid in digestion.

In 2019, as compared to the period from 2016 to 2018, the market for Synbiotics for mixing with Breakfast Cereals increased by 2.1%. This is due to the preference for breakfast as a nutrient-rich meal and the growing demand for dietary-fiber-rich food products. The demand for Synbiotics has increased by 1.5% due to the rising need for medications to address children's digestive problems.

by Distribution Channel

Supermarket
Convenience Store
Specialty Store
Pharmacies
E-Commerce
Others

By Distribution Channel Convenience stores are now the largest revenue-generating medium for the global synbiotics market due to consumer preference for close-by retailers. Demand for Synbiotics in Convenience Stores has increased by 3.3% as a result of consumers' growing preference for short-distance shopping methods when buying dietary fibre.

In 2019, demand for Synbiotics through the channel of Pharmacies, a part of the organised sector, increased by 2.1% as a result of the availability of products from various sources on digestion-related concerns. The demand for Synbiotics through the use of Specialty Stores increased by 2.3% in 2019 due to the growing trend towards acquiring fiber-rich food products through a channel that deals in nutraceuticals and functional food products.

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Regional Analysis

The study carefully studies each regional segment of the Synbiotics Market to evaluate its current and projected growth rates, allowing competitors to fortify their positions. Gaining a competitive edge through a deeper understanding of the market and the target audience requires market research. The Synbiotics Market study analyses all five regionsNorth America, Europe, Asia Pacific, Middle East Africa, and South Americaand provides information on how each is distributed across various nations.

Key Questions answered in the Synbiotics Market Report are:

• What factors are affecting the Synbiotics market growth?
• Who are the key players of the Synbiotics market?
• Which company held the largest share in the Synbiotics market?
• What will be the CAGR of the Synbiotics market during the forecast period?
• What key trends are likely to emerge in the Synbiotics market in the coming years?

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