Probiotics Market Size, Demand, Analytical Overview, Comprehensive Analysis, Segmentation, Competitive Landscape 2035 Probiotics Market: Market Landscape The global probiotics market size is estimated to be $70.9 billion in 2024 and is projected to reach $165.1 billion by 2035. The market is anticipated to grow at a CAGR of 8.0%, during the forecast period till 2035. The current market landscape features over 95 key probiotic companies that are engaged in offering probiotics. Several key companies (established as well as start-ups) in the probiotic domain offer various types of products, including probiotic foods, beverages, dietary supplements and infant formula. Notable examples of mid-sized probiotic companies based in Europe (in alphabetical order) include AB-BIOTICS, BioGaia, Enzymedica, Myprotein, PetLab and Zinereo Pharma. Interestingly, the end users of probiotic industry are children, infants, humans and animals. Various types of novel strains are being studied by the industry in order to identify its usage as a probiotic. These formulations can be used in foods, beverages, formulaes and supplements. Most of the key probiotic companies were established pre-2000, depticting that the probiotics industry consists of some well-established players that have a strong customer base. Some examples of such probiotic companies include (in alphabetical order) adisseo, Bharat Biotech, Danone, IFF, Morinaga Milk, NowFoods, Tata, Yakult Honsha and Zipvit. Majority of the key players (75%) offer probiotic dietary supplements; of these, more than 90% companies offer both nutritional as well as specialty supplements that support specific health conditions, such as mental, oral, bone, immune and women health. Apart from offering various types of probiotics for the human population, the key probiotic companies are also extensively engaged in offering probiotics for infants and children, whose microbiome is different and thus require different combinations of strains in the probiotic products. More than 500 patents related to probiotics have been filed / granted by the probiotic providers in order to protect the intellectual property generated within this field. Over the past decade, industry stakeholders have been extensively working towards the development of novel probiotic formulations and products. Recently, the domain has witnessed significant advancements, both in terms of introduction of novel probiotics to support overall well-being and specific health conditions. As a result, a number of patents have been filed / granted to protect the new intellectual capital generated by the probiotic companies engaged in offering various types of probiotics. During our research, it was observed that majority of the patents filed by probiotic companies in this domain are patent applications (73.6%), followed by those which have been granted approval (26%). Further, majority of the patents (39%) were filed / granted in North America, followed by Asia Pacific (27%). Moreover, despite the large number of patents that have been filed by probiotic companies recently (and hence having a long remaining patent life), only 2% of the total patents have the highest relative valuation. Using our proprietary methodology, we have provided informed projections, describing the likely growth of the opportunity associated with the probiotics market. As per the base case forecast scenario, the probiotic market size is estimated to grow at a CAGR of 8.0%, during the forecast period. The market growth of this industry is believed to be primarily driven by the numerous advantages offered by probiotics for prevention and treatment of diseases. This is anticipated to sustain the demand for various types of probiotics, resulting in lucrative monetization opportunities for probiotic companies. It is worth mentioning that according to our projections, Asia Pacific is likely to capture the majority (more than 45%) of the overall market share, and this trend is unlikely to change in the future, as well. It is worth highlighting that the global market in Latin America is expected to grow at a relatively healthy CAGR, during the forecast period. Further, it is worth mentioning that, as per the probiotics market segmentation, probiotic dietary supplements segment in the probiotics market is anticipated to grow at a higher CAGR, during the forecast period. Thank you for reading our report. Kindly get in touch with us to know more about the report or to receive a customized copy of it. Our team will ensure the report is tailored according to your needs. To view more details on this report, click on the link https://www.rootsanalysis.com/reports/probiotics-market.html

Plant-based meat Market Size, Share, Emerging Factors, Trends, Segmentation and Forecast to 2035 Ever since then, with the application of various technologies, the quality of plant-based meat products has been improved remarkably. During our research, we identified around 375 meat developers engaged in the plant-based meat market. The global plant-based meat market size is projected to grow from $17.1 billion in the current year to $54.8 billion by 2035, representing a CAGR of 11.16% during the forecast period. Majority (75%) of the developers were established during the period 1981-2020. Moreover, there has been an increase in the number of developers entering the plant-based meat domain over the past decades, reflecting a stable and enticing industry for the new entrants. Examples of developers established post-2020 include Bluana Foods (2022), Chi Foods (2022), Final Foods (2022), Foodurama (2022), Funki Foods (2022) Land Lovers (2022), Ordinary Seafood (2022), Paul’s Table (2022), Plant & Bean (2022), Propel Foods (2022), Protivore (2023), Seed to Surf (2022), Shocken Foods (2022) and Switch Foods (2022). It is worth highlighting that more than 450 plant-based meat products are either made up of legumes or soy as a source of protein. More than 70% of the companies are utilizing freezing as most preferred mode of storage. Frozen plant-based meat products can be easily transported and have longer shelf life compared to any other mode of storage. Examples of the players providing frozen plant-based meat include Big Mountain Foods, GUSTA, Maple Leaf Foods, Preposterous Food, Sol Cuisine, TMRW Foods, WOOP4 and Yves Veggie Cuisine. This is followed by players utilizing refrigerating mode of storage for plant-based meat (55%). Several Partnerships have been inked in this Domain, since 2021 During our research, we came across several partnerships and collaborations that have been inked between different stakeholders engaged in the plant-based meat market. It is worth mentioning that the number of partnerships inked in this domain has increased over time at a CAGR of 27%, since 2021. Most of the deals were distribution agreements, wherein companies partner with other companies to distribute their plant-based meat products across various geographical regions. Notable examples of distribution agreements signed in 2024 include (in reverse chronological order, post January) collaboration between JUICYMARBLES and GoPuff (February 2024), Impossible Foods and US Army Central (February 2024), Before the Butcher and Rosati’s Pizza (February 2024) and HAVREDALS and Performance Food (February 2024). In addition, a maximum number of collaborations have been inked by players based in North America; of which around 45% deals are intracontinental agreements and close to 25% deals are intercontinental agreements. Further, the majority of the players based in North America signed intercontinental agreements with stakeholders headquartered in Europe (14%), followed by stakeholders headquartered in Asia-Pacific and rest of the world-based (11%). Examples of recent deals signed between players based in North America and Europe include (in reverse chronological order, acquisition) CV Sciences and Cultured Foods (December 2023) and LIVEKINDLY Collective and The Dutch Weed Burger (June 2021). Further, players headquartered in Europe inked 5 intracontinental and 24 intercontinental deals with various stakeholders engaged in this domain. Funding and Investment Analysis – Evaluating the overall potential of Plant-Based Meat Market During our research, we came across several funding and investment instances that have been inked between different stakeholders engaged in the plant-based meat market. To view more details on this report, click on the link https://www.rootsanalysis.com/reports/plant-based-meat-market.html Contact: Roots Analysis Gaurav Chaudhary +1 (415) 800 3415 +44 (122) 391 1091 Gaurav.chaudhary@rootsanalysis.com Website: https://www.rootsanalysis.com/

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