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.
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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One of the primary factors driving growth of market is increased demand for functional foods from health-conscious customers. Consumption of synbiotics offer various health benefits such as increased levels of lactobacilli and bifidobacteria, balanced gut microbiota, improved liver function in cirrhotic patients, improved immunomodulating ability, and prevention of bacterial translocation. Furthermore, inclusion of functional ingredients, microbial strains, and antioxidants to improve quality and shelf-life of probiotic products is increasing commercialization of synbiotics.
The report is a comprehensive research study of the global Synbiotics Market inclusive of the latest trends, growth factors, developments, opportunities, and competitive landscape. The research study includes an in-depth analysis of the market using advanced research methodologies such as SWOT analysis and Porter’s Five Forces analysis. The report is formulated with data gathered from primary and secondary research examined and validated by industry experts. The report provides an overview of the market leaders, segmentation by type, application, and region, and technological advancements.
Key participants include 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.
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Emergen Research has segmented the global synbiotics market based on fiber type, polymer type, end-users, and region:
Fiber Type Outlook (Revenue, USD Million; 2019-2030)
Polymer Type Outlook (Revenue, USD Million; 2019-2030)
End-Users Outlook (Revenue, USD Million; 2019-2030)
Building & Construction
Global Synbiotics Market Geographical Landscape - Synopsis:
The report closely studies the growth trajectory of the global Synbiotics market. It brings to light the global dominance of the leading regional segments, including North America, Asia Pacific, Europe, Latin America, and the Middle East & Africa.
The study elaborates on the crucial information pertaining to the regional market share. It simultaneously focuses on the significant details about the growth patterns of each regional market.
Moreover, the report encases an exhaustive geographical study of the market, emphasizing the business growth prospects and market barriers for each of the key market regions.
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Key Features of the Synbiotics Market Report:
The report offers details about key drivers, restraints, opportunities, challenges, growth prospects, limitations, and threats
The report encompasses details about the key companies, product portfolio along with specifications, production valuation, and market shares
Evaluation of key current and emerging market trends and growth prospects
It also offers research-backed estimations for the forecast period of eight years, primarily to estimate the potential market growth
Brief overview of industry with regards to research and development, technological advancements, and product development
In-depth assessment of upstream raw materials, downstream buyers, demands, and current market scenario
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