Global Bacillus Coagulans Market is projected to be the fastest growing with a CAGR of 7.91% over the forecast period


Posted February 18, 2022 by neha_s

Bacillus coagulans is a bacteria utilized as a probiotic. The bacteria’s ability to withstand harsh acidic environments has led to its adoption in probiotics, which specifically targets the human digestive system.

 
Bacillus coagulans is a bacteria utilized as a probiotic. The bacteria’s ability to withstand harsh acidic environments has led to its adoption in probiotics, which specifically targets the human digestive system. It is useful in alleviating stomach ailments, constipations, flatulence, abdominal pain, and irritable bowel syndrome.
Asia Pacific held the largest revenue share in the global bacillus coagulans market in 2016. The region was valued at US$ 236 million in 2016. The region is also projected to be the fastest growing with a CAGR of 7.91% over the forecast period.

North America was the second largest market for bacillus coagulans in 2016. The region was valued at US$ 53 million in 2016 and is projected to exhibit a CAGR of 6.2% over the forecast period. U.S. is projected to be the major growth driver in this region over the forecast period, owing to increasing use of functional food and dietary supplements.

Market Dynamics
Significant advancements in the probiotics industry is expected to bolster growth of the bacillus coagulans market. Increasing prevalence of obesity and non-communicable diseases are significant factors contributing to market growth.

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Detailed Segmentation:
Global Bacillus Coagulans Market, By Application:
◦ Bakery Products
◦ Confectionery
◦ Dairy Products
◦ Beverages
◦ Functional Food
◦ Animal Feed

Major Keyplayers: Ganeden, Sabinsa Corporation, UAS Laboratories, Sanzyme, Mitsubishi Chemical Foods Corporation, Mystical Biotech Pvt. Ltd., Aumgene Bioscience, and Unique Biotech Ltd.

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Issued By Coherent Market Insights
Country India
Categories Business , Industry
Last Updated February 18, 2022