SEATTLE, Sept. 12, 2018 (GLOBE NEWSWIRE) -- The global bacillus coagulans market was valued at US$ 451.3 Mn in 2017 and is projected to witness a CAGR of 7.9% over the forecast period (2018–2025). Health benefits due to consumption of bacillus coagulans such as maintaining brain health & aiding in late aging of the skin, maintaining stomach and heart health are some of the key factors driving demand for bacillus coagulans enriched food and beverage products, which in turn is fueling growth of the bacillus coagulans market.
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Key Trends and Analysis of the Bacillus Coagulans Market:
- Major driver for growth of the global bacillus coagulans market include increasing prevalence of digestive disorders and heart related diseases due to unhealthy lifestyles among others. According to the World Health Organization (WHO), approximately 17.7 million people passed way from cardiovascular related diseases in 2015, accounting for 31% of global deaths. Around 7.4 million of these deaths were on account of coronary heart diseases and 6.7 million were due to an attack.
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Key Market Takeaways:
- Asia Pacific is projected to be the largest and fastest growing market for bacillus coagulans over the forecast period. The major reason for the same is due to growth of the food and beverages sector in Asia Pacific region. According to the World Trade Organization, the Asia Pacific food and beverage industry was valued at US$ 3.23 trillion in 2016 ahead of Western Europe and North America. This is a major factor that is expected to drive growth of the bacillus coagulans market in Asia Pacific region during the forecast period. Furthermore, increasing awareness regarding consumption of bacillus coagulans enriched products is expected to be another factor supporting growth of the market in the region.
- Major players operating in the global bacillus coagulans market are introducing various products in the market in order to improve their product portfolio and boost their presence in the market. Some of the leading players operating in the global bacillus coagulans market include Ganeden, Sabinsa Corporation, UAS Laboratories, Sanzyme, Mitsubishi Chemical Foods Corporation, Mystical Biotech Pvt. Ltd and Aumgene Bioscience,
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