$75+ Billion Probiotics Market - Global Forecast to 2027: Increasing Use of Probiotics as an Alternative to Antibiotics - ResearchAndMarkets.com
The increasing use of yeast strain in animal feed & functional food and the rising use of probiotics as an alternative to antibiotics are the major drivers for the growth of this segment.
- The increasing use of yeast strain in animal feed & functional food and the rising use of probiotics as an alternative to antibiotics are the major drivers for the growth of this segment.
- Dry probiotics offer advantages, such as better handling & transport, ease of use, affordability, and the ability to avoid costly formulation mistakes.\nBased on sales channel, the probiotics market is segmented into offline and online sales.
- The offline sales segment is expected to command the largest share of the overall probiotics market in 2020.
- The animal probiotics sector has witnessed significant growth due to the growing pressure regarding reducing the use of antibiotics in feed.