India Probiotics Market 2023-2028: Industry Size, Share, Trends Report
IMARC Group, a leading market research company, has recently releases report titled “India Probiotics Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028.” The study provides a detailed analysis of the industry, including the India probiotics market trends, size, share and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
How big is the India probiotics market?
The India probiotics market is expected to exhibit a growth rate (CAGR) of 20.1% during 2023-2028.Probiotics
are live microorganisms, primarily bacteria and yeast that confer health
benefits to the human gut when consumed in adequate amounts. They comprise
lactobacillus, bifidobacterium, and saccharomyces. They are produced through
controlled fermentation processes, ensuring their potency and efficacy. They
also naturally reside in the gut and are beneficial for maintaining a balanced
gut microbiome, which is crucial for optimal health. They aid digestion,
enhance nutrient absorption, and boost the immune system. They foster a harmonious
gut environment by outcompeting harmful bacteria and assisting in digesting
complex carbohydrates. They alleviate common digestive woes like bloating,
constipation, and diarrhea. They are incorporated into various skin care
products as they exhibit the potential to address skin issues, including acne
and eczema, by modulating inflammation and promoting skin barrier integrity.
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What is the trend in the India probiotics market?
At present,
the increasing awareness among consumers about the significance of gut health
represents one of the crucial factors impelling the market growth in India.
Additionally, the growing prevalence of gastrointestinal disorders and the
increasing inclination towards preventive healthcare are positively influencing
the market.
Besides
this, the rising number of e-commerce platforms is making it convenient for
consumers to explore and purchase a wide variety of probiotics online.
Moreover, the increasing availability of various non-dairy probiotic
alternatives for lactose-intolerant individuals is supporting the market growth
in the country. In addition, the growing demand for organic products, driven by
the emergence of an informed and health-conscious consumer base, is offering a
favorable market outlook.
Furthermore,
the rising adoption of effective marketing and promotional activities by key
players to educate the masses about the benefits of probiotics is facilitating
wider acceptance and utilization of these products. Apart from this, the
increasing demand for probiotics as a natural way to support digestion and
improve overall health among athletes and fitness enthusiasts is propelling the
market growth.
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What is included in market segmentation?
The report has segmented the market into the following categories:
Breakup by Product
Type:
· Probiotic
Curd
· Probiotic
Drinks
· Probiotic
Yoghurt
Breakup by Distribution Channel:
· Convenience
Stores
· Supermarkets
and Hypermarkets
· Specialty
Stores
· Online
· Others
Breakup by Region:
· North
India
· West
and Central India
· South
India
East India
Who are the key players operating in the industry?
The report covers the major market players including:
Amul (GCMMF), Epigamia (Drums Food International Private Limited), Heritage Foods Limited, Mother Dairy Fruits and Vegetables Pvt. Ltd., Milkmantra Dairy Pvt. Ltd., Milky Mist Dairy Food Private Ltd., Nestle India Limited (Nestle SA), Yakult Danone India Pvt. Ltd.
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