The Synbiotics Market study also takes a close look at the major rivals in the market, their commercial expansion ambitions, and development strategies. Entrepreneurs are especially urged by the archive to hunt up information on possible clients and locations where they might be found. Entrepreneurs may locate potential clients and learn more about their local market thanks to the review, which only features the best sellers.

According to the most recent analysis by Emergen Research, the worldwide synbiotics market had a value of USD 817.2 million in 2021 and is projected to grow at a rate of 8.3% during the forecast period. A major element influencing market revenue growth is consumers' growing health consciousness regarding dietary supplements and the availability of numerous synbiotic health benefits.

Consumer preferences for quick and fast food over home-cooked balanced meals are being influenced by rapid urbanisation and time-constrained lifestyles, which is lowering the quality of food consumed. A significant element driving up demand for synbiotic products is also the rising consumption of unhealthy food as a result of a rise in fast food chains and convenience stores. Synbiotics consumption offers a variety of nutritional and health benefits, including weight loss, a stronger immune system, improved heart and digestive health, diarrhoea control, pro-carcinogen neutralisation, effectiveness against constipation, decreased stress tolerance, and decreased inflammation. As a result, pharmaceutical, nutraceutical, and food manufacturers are seeing an increase in demand for synbiotic products.

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The study outlines the rapidly evolving and growing market segments along with valuable insights into each element of the industry. The industry has witnessed the entry of several new players, and the report aims to deliver insightful information about their transition and growth in the market. Mergers, acquisitions, partnerships, agreements, product launches, and joint ventures are all outlined in the report.

The leading market contenders listed in the report are:

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.

Target Audience of the Global Synbiotics Market Report:

  • Key Market Players
  • Investors
  • Venture capitalists
  • Small- and medium-sized and large enterprises
  • Third-party knowledge providers
  • Value-Added Resellers (VARs)
  • Global market producers, distributors, traders, and suppliers
  • Research organizations, consulting companies, and various alliances interested in this sector
  • Government bodies, independent regulatory authorities, and policymakers

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Major Geographies Analyzed in the Report:

  • North America (U.S., Canada)
  • Europe (U.K., Italy, Germany, France, Rest of EU)
  • Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
  • Latin America (Chile, Brazil, Argentina, Rest of Latin America)
  • Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

Market Segmentations of the Synbiotics Market

This market is segmented based on Types, Applications, and Regions. The growth of each segment provides accurate forecasts related to production and sales by Types and Applications, in terms of volume and value for the period between 2022 and 2030. This analysis can help readers looking to expand their business by targeting emerging and niche markets. Market share data is given on both global and regional levels. Regions covered in the report are North America, Europe, Asia Pacific, Latin America, and Middle East Africa. Research analysts assess the market positions of the leading competitors and provide competitive analysis for each company. For this study, this report segments the global Synbiotics market on the basis of product, application, and region:

Segments Covered in this report are:

  • Form Outlook (Revenue, USD Million; 2019-2030)
    • Powdered
    • Liquid
  • Application Outlook (Revenue, USD Million; 2019-2030)
    • Food & Beverages
    • Dairy
    • Pharmaceuticals
    • Aquaculture farming
  • Distribution Channel Outlook (Revenue, USD Million; 2019-2030)
    • Indirect
    • Direct

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Some Key Highlights From the Report

  • In 2021, the powdered segment accounted for a significant market share. One of the major factors driving revenue growth of market is availability of a high amount of fiber, which aids in digestion and blood sugar regulation. Powdered goods are very effective in treatment of Inflammatory Bowel Diseases (IBD) and lactose intolerance, since they allow for appropriate digestion. According to a research, IBD cases accounted to 396 per 100,000 individuals annually.
  • The food & beverages segment accounted for largest revenue share in 2021 owing to provision of better nutrient absorption, aiding in better digestion, and helping in weight management. Increase in development and manufacturing of nutritional supplements with enhanced nutritional value by major companies is driving revenue growth of the market. In addition, increasing demand for functional food for immunity health, digestive health and cardio health along with growing consumer awareness is a major factor driving growth of this segment.
  • The indirect segment accounted for a significant revenue share in 2021. Provision of high visibility of products on various retail and pharmacy outlets enabling easy access is one of the major factors driving revenue growth of this segment. In addition, growing number of retailers is also contributing to market growth.
  • The Europe market accounted for largest revenue share in 2021. Rising consumer awareness for synbiotics in addition to availability and high visibility of products is a major factor driving revenue growth of the market. Additionally, increasing disposable income and shifting preference for nutritional supplement with food consumption are increasing demand for functional foods & beverages.

Additional information offered by the report:

  • Along with a complete overview of the global Synbiotics market, the report provides detailed scrutiny of the diverse market trends observed on both regional and global levels.
  • The report elaborates on the global Synbiotics market size and share governed by the major geographies.
  • It performs a precise market growth forecast analysis, cost analysis, and a study of the micro- and macro-economic indicators.
  • It further presents a detailed description of the company profiles of the key market contenders.

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