Global Synbiotic Products Market to Reach $1.2 Billion by 2027
Amid the COVID-19 crisis, the global market for Synbiotic Products estimated at US$721.4 Million in the year 2020, is projected to reach a revised size of US$1.2 Billion by 2027, growing at a CAGR of 7% over the period 2020-2027. Functional Food & Beverages, one of the segments analyzed in the report, is projected to record 6.9% CAGR and reach US$976.7 Million by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Other Product Segments segment is readjusted to a revised 8% CAGR for the next 7-year period.
The U.S. Market is Estimated at $195.1 Million, While China is Forecast to Grow at 10.7% CAGR
The Synbiotic Products market in the U.S. is estimated at US$195.1 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$254.9 Million by the year 2027 trailing a CAGR of 10.7% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.8% and 6.3% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 4.5% CAGR.
Select Competitors (Total 43 Featured):
Amid the COVID-19 crisis, the global market for Synbiotic Products estimated at US$721.4 Million in the year 2020, is projected to reach a revised size of US$1.2 Billion by 2027, growing at a CAGR of 7% over the period 2020-2027. Functional Food & Beverages, one of the segments analyzed in the report, is projected to record 6.9% CAGR and reach US$976.7 Million by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Other Product Segments segment is readjusted to a revised 8% CAGR for the next 7-year period.
The U.S. Market is Estimated at $195.1 Million, While China is Forecast to Grow at 10.7% CAGR
The Synbiotic Products market in the U.S. is estimated at US$195.1 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$254.9 Million by the year 2027 trailing a CAGR of 10.7% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.8% and 6.3% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 4.5% CAGR.
Select Competitors (Total 43 Featured):
- BioImmersion Inc.
- Biomin Inc.
- Chobani Inc.
- Daflorn MLM5 Ltd.
- Danone Groupe
- Diamond V Mills, Inc.
- General Mills, Inc.
- Pfizer Inc.
- Probiotical S.p.A.
- Sabinsa Corporation
- Seed Health, Inc.
- Turtle Mountain Corporation
- UAS Laboratories Inc.
Note: Product cover images may vary from those shown
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- Impact of Covid-19 and a Looming Global Recession
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
- UNITED STATES
- CANADA
- JAPAN
- CHINA
- EUROPE
- FRANCE
- GERMANY
- ITALY
- UNITED KINGDOM
- SPAIN
- RUSSIA
- REST OF EUROPE
- ASIA-PACIFIC
- AUSTRALIA
- INDIA
- SOUTH KOREA
- REST OF ASIA-PACIFIC
- LATIN AMERICA
- ARGENTINA
- BRAZIL
- MEXICO
- REST OF LATIN AMERICA
- MIDDLE EAST
- IRAN
- ISRAEL
- SAUDI ARABIA
- UNITED ARAB EMIRATES
- REST OF MIDDLE EAST
- AFRICA
- Total Companies Profiled: 43
Note: Product cover images may vary from those shown
