Synbiotic Foods Market Key Players Review, Size and Forecast to 2024
Research Reports
Jan 18, 2021
Market Overview
Food ingredients and dietary supplements having a combination of both prebiotics and probiotics are termed as synbiotic foods. Synbiotic foods are used to improve gut health and gastro-intestinal function. Most familiar synbiotics used in food formulation include bifidobacteria bifidum, bifidobacteria longum, bifidobacteria infantis, lactobacillus acidophilus, lactobacillus bulgaricus, lactobacillus casei and others. Owing to high nutritional benefits, synbiotics have a potential application in food & beverages, pharmaceutical and nutraceuticals industries.
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Major Key Players Review
Some of the key players profiled in the global Synbiotic Foods Market are Behn Meyer Holding AG (Germany), Daflorn Ltd. (Bulgaria), Chr. Hansen (Denmark), SKYSTONE FEED CO., LTD (China), NewLeaf Symbiotics, Inc. (U.S.), Yakult Pharmaceutical Ind Co Ltd. (Japan), Pfizer Inc. (U.S.)
Segments
Synbiotic foods is segmented on the basis of type which includes, dairy and frozen desserts, bakery and confectionary, snacks, beverages, dietary supplements and others. In this segment, dairy and frozen desserts are dominating the market. Fortification of dairy and dairy products by synbiotics is relatively cheaper and resourceful. Furthermore, high consumption of dairy and frozen products is driving the growth in this segment. However, dietary supplements are experiencing a high demand from consumers and are expected to raise during the forecasted period.
On the basis of product packaging material, the synbiotic foods market is segmented in glass, plastics, metals, paper and paperboard and others. Among all, the packaging material, plastic material is dominating the market because of its toughness and ease in transportation. However, the demand for synbiotic foods packed in paper and paperboards is anticipated to experience a high demand due to its easy re-cycling and less chance of food migration.
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